British American Tobacco p.l.c (BTI) Debt to Equity (2013 - 2025)
British American Tobacco p.l.c (BTI) posted Debt to Equity of -$0.67 for Q4 2025, down 7.74% quarter-over-quarter from -$0.62 in Q4 2024, and down 7.74% year-on-year from -$0.72 in Q4 2024.
British American Tobacco p.l.c (BTI) Debt to Equity (2013 - 2025) Analysis & Trends
British American Tobacco p.l.c (BTI) has reported Debt to Equity for 13 consecutive years, with -$0.67 the latest figure, recorded in Q4 2025.
- Debt to Equity for Q4 2025 came in at -$0.67, down 7.74% year-over-year; the trailing twelve-month figure through Dec 2025 was -$0.67 (down 7.74% YoY), and the FY2025 annual result was -$0.67, down 7.74% from the prior year.
- Debt to Equity was -$0.67 for Q4 2025 at British American Tobacco p.l.c, down from -$0.62 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.61 in Q4 2021 and troughed at -$0.67 in Q4 2025.
- Average Debt to Equity over 5 years is -$0.15, with a median of -$0.62 recorded in 2024.
- Year-over-year, Debt to Equity sank 213.42% in 2023 and advanced 6.72% in 2024.
- Over 5 years, Debt to Equity stood at $0.61 in 2021, then decreased by 3.43% to $0.59 in 2022, then tumbled by 213.42% to -$0.66 in 2023, then rose by 6.72% to -$0.62 in 2024, then slipped by 7.74% to -$0.67 in 2025.
- Per Business Quant data, the three most recent Debt to Equity figures were -$0.67 in Q4 2025, -$0.62 in Q4 2024, and -$0.66 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | -7.78 |
| 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 | 0.76 |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 0.42 |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -0.07 |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 0.24 |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 0.10 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 0.10 |
| 10 | British American Tobacco p.l.c | - | - | - | -0.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.67 |
| Dec 31, 2024 | -0.62 |
| Dec 31, 2023 | -0.66 |
| Dec 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.61 |
| Dec 31, 2020 | 0.70 |
| Dec 31, 2019 | 0.71 |
| Dec 31, 2018 | 0.72 |
| Dec 31, 2017 | 0.17 |
| Dec 31, 2016 | 2.32 |
| Dec 31, 2015 | 2.27 |
| Dec 31, 2014 | 0.96 |
| Dec 31, 2013 | 1.12 |