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

British American Tobacco p.l.c (BTI) reported Equity Ratio of 0.42 for Q4 2025, up 4.43% on a YoY basis from 0.4 in Q4 2024, and up 4.43% quarter-over-quarter from 0.4 in Q4 2024.

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

British American Tobacco p.l.c has reported Equity Ratio for 11 years, with the latest figure at 0.42 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 4.43% year-over-year to 0.42; the trailing twelve-month figure through Dec 2025 stood at 0.42 (up 4.43% YoY), and the FY2025 full-year result was 0.42, up 4.43% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.42, up from 0.4 in the prior quarter.
  • The five-year high for Equity Ratio was 0.48 in Q4 2022, with the low at 0.4 in Q4 2024.
  • Historically, Equity Ratio has averaged 0.44 across 5 years, with a median of 0.43 in 2023.
  • Annual changes were most pronounced in 2021 — Equity Ratio advanced 4.62% — and 2023, when it slipped 10.69%.
  • British American Tobacco p.l.c's Equity Ratio stood at 0.48 in 2021, then gained by 0.77% to 0.48 in 2022, then slipped by 10.69% to 0.43 in 2023, then slipped by 5.89% to 0.4 in 2024, then rose by 4.43% to 0.42 in 2025.
  • The last three Equity Ratio figures came in at 0.42 (Q4 2025), 0.4 (Q4 2024), and 0.43 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -0.11
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn -0.09
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 0.42
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.50
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.53
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.91
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -0.21
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.29
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 0.89
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 0.70

Historic Data

Download Data
DateValue
Dec 31, 2025 0.42
Dec 31, 2024 0.40
Dec 31, 2023 0.43
Dec 31, 2022 0.48
Dec 31, 2021 0.48
Dec 31, 2020 0.46
Dec 31, 2019 0.46
Dec 31, 2018 0.45
Dec 31, 2017 -0.45
Dec 31, 2016 0.21
Dec 31, 2015 43.01