British American Tobacco p.l.c (BTI) Debt Ratio (2015 - 2025)

British American Tobacco p.l.c (BTI) reported Debt Ratio of 0.0 for Q4 2025, down 61.27% on a YoY basis from 0.01 in Q4 2024, and down 99.02% quarter-over-quarter from 0.46 in Q2 2025.

British American Tobacco p.l.c (BTI) Debt Ratio (2015 - 2025) Analysis & Trends

British American Tobacco p.l.c has reported Debt Ratio for 11 years, with the latest figure at 0.0 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 61.27% year-over-year to 0.0; the trailing twelve-month figure through Dec 2025 stood at 0.0 (down 61.27% YoY), and the FY2025 full-year result was 0.0, down 61.27% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.0, down from 0.46 in the prior quarter.
  • The five-year high for Debt Ratio was 0.55 in Q2 2024, with the low at 0.0 in Q4 2025.
  • Historically, Debt Ratio has averaged 0.29 across 5 years, with a median of 0.28 in 2021.
  • Annual changes were most pronounced in 2022 — Debt Ratio jumped 97.1% — and 2023, when it plunged 97.7%.
  • British American Tobacco p.l.c's Debt Ratio stood at 0.29 in 2021, then retreated by 2.69% to 0.28 in 2022, then sank by 97.7% to 0.01 in 2023, then soared by 80.53% to 0.01 in 2024, then sank by 61.27% to 0.0 in 2025.
  • The last three Debt Ratio figures came in at 0.0 (Q4 2025), 0.46 (Q2 2025), and 0.01 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 0.72
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 0.71
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 0.00
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.38
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.22
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.01
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 0.01
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.07
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00
Jun 30, 2025 0.46
Dec 31, 2024 0.01
Jun 30, 2024 0.55
Dec 31, 2023 0.01
Jun 30, 2023 0.51
Dec 31, 2022 0.28
Jun 30, 2022 0.52
Dec 31, 2021 0.29
Jun 30, 2021 0.27
Dec 31, 2020 0.32
Jun 30, 2020 0.28
Dec 31, 2019 0.32
Jun 30, 2019 0.28
Dec 31, 2018 0.32
Jun 30, 2018 0.30
Dec 31, 2017 -0.08
Jun 30, 2017 384,958.91
Dec 31, 2016 0.83
Jun 30, 2016 0.41