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

British American Tobacco p.l.c (BTI) posted Debt Ratio of 0.28 for Q4 2025, down 266.18% quarter-over-quarter from 0.17 in Q2 2025, and down 12.51% year-on-year from 0.32 in Q4 2024.

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

British American Tobacco p.l.c (BTI) has reported Debt Ratio for 11 consecutive years, with 0.28 the latest figure, recorded in Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.28, down 12.51% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.28 (down 12.51% YoY), and the FY2025 annual result was 0.28, down 12.51% from the prior year.
  • Debt Ratio was 0.28 for Q4 2025 at British American Tobacco p.l.c, down from 0.17 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.29 in Q4 2021 and troughed at 0.28 in Q4 2023.
  • Average Debt Ratio over 5 years is 0.08, with a median of 0.25 recorded in 2023.
  • Year-over-year, Debt Ratio slumped 201.3% in 2023 and advanced 12.21% in 2024.
  • Over 5 years, Debt Ratio stood at 0.29 in 2021, then dropped by 2.69% to 0.28 in 2022, then plunged by 201.3% to 0.28 in 2023, then grew by 12.21% to 0.25 in 2024, then decreased by 12.51% to 0.28 in 2025.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.28 in Q4 2025, 0.17 in Q2 2025, and 0.25 in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 0.71
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.01
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.38
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 0.22
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn 0.01
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.07
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 0.04
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 0.06
10 British American Tobacco p.l.c - - - -0.28

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.28
Jun 30, 2025 0.17
Dec 31, 2024 -0.25
Jun 30, 2024 0.28
Dec 31, 2023 -0.28
Jun 30, 2023 0.25
Dec 31, 2022 0.28
Jun 30, 2022 0.26
Dec 31, 2021 0.29
Dec 31, 2020 0.32
Dec 31, 2019 0.32
Dec 31, 2018 0.32
Dec 31, 2017 -0.08
Dec 31, 2016 0.49
Dec 31, 2015 97.75