British American Tobacco p.l.c (BTI) Debt to Equity (2013 - 2025)
British American Tobacco p.l.c (BTI) reported Debt to Equity of $0.01 for Q4 2025, down 62.92% on a YoY basis from $0.03 in Q4 2024, and down 62.92% quarter-over-quarter from $0.03 in Q4 2024.
British American Tobacco p.l.c (BTI) Debt to Equity (2013 - 2025) Analysis & Trends
British American Tobacco p.l.c has reported Debt to Equity for 13 years, with the latest figure at $0.01 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 62.92% year-over-year to $0.01; the trailing twelve-month figure through Dec 2025 stood at $0.01 (down 62.92% YoY), and the FY2025 full-year result was $0.01, down 62.92% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.01, down from $0.03 in the prior quarter.
- The five-year high for Debt to Equity was $0.61 in Q4 2021, with the low at $0.01 in Q4 2025.
- Historically, Debt to Equity has averaged $0.25 across 5 years, with a median of $0.03 in 2024.
- Annual changes were most pronounced in 2023 — Debt to Equity sank 97.43% — and 2024, when it soared 91.83%.
- British American Tobacco p.l.c's Debt to Equity stood at $0.61 in 2021, then declined by 3.43% to $0.59 in 2022, then slumped by 97.43% to $0.02 in 2023, then soared by 91.83% to $0.03 in 2024, then tumbled by 62.92% to $0.01 in 2025.
- The last three Debt to Equity figures came in at $0.01 (Q4 2025), $0.03 (Q4 2024), and $0.02 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | -6.78 |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | -7.78 |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | 0.01 |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 0.76 |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 0.42 |
| 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 | -0.07 |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 0.24 |
| 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| Date | Value |
|---|---|
| Dec 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.02 |
| 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 | 3.92 |
| Dec 31, 2015 | 2.27 |
| Dec 31, 2014 | 0.96 |
| Dec 31, 2013 | 1.12 |