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 FY2025, down 7.74% year-over-year from -$0.62 in FY2024.

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 FY2025.

  • 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 FY2025 at British American Tobacco p.l.c, down from -$0.62 in the prior year.
  • Over five years, Debt to Equity peaked at $0.61 in FY2021 and troughed at -$0.67 in FY2025.
  • 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 slumped by 213.42% to -$0.66 in 2023, then increased 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 FY2025, -$0.62 in FY2024, and -$0.66 in FY2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Yr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn -
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn -
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn -
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 -
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn -
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 -
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn -
10 British American Tobacco p.l.c - - - -0.67

Historic Data

Download Data
DateValue
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 0.61
Dec 31, 2015 0.95
Dec 31, 2014 0.96
Dec 31, 2013 1.12