British American Tobacco p.l.c (BTI) Gross Margin (2015 - 2024)
British American Tobacco p.l.c (BTI) recorded Gross Margin of 63.62% in the quarter ended Dec 31, 2024, down 2.35 percentage points from 65.97% a year earlier.
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Analysis
British American Tobacco p.l.c (BTI) Gross Margin (2015 - 2024) Analysis & Trends
On a TTM basis, British American Tobacco p.l.c's Gross Margin came in at 67.30% as of Dec 31, 2024, down 5.07 percentage points year-over-year; for the year ended Dec 31, 2019, it came in at -6.19%, down 0.55 percentage points from the prior year.
- Annual Gross Margin has a five-year change of +1.61 percentage points (years ended Dec 2014 to Dec 2019).
- Across earlier years, Gross Margin came in at -5.64% in the year ended Dec 31, 2018 (-0.05 pp), -5.59% in the year ended Dec 31, 2017 (+0.74 pp), -6.33% in the year ended Dec 31, 2016 (-7.22 pp) and 0.89% in the year ended Dec 31, 2015 (+8.69 pp).
- The figure for the quarter ended Dec 31, 2024 is the lowest quarterly Gross Margin since the quarter ended Dec 31, 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 65.55% |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 45.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 63.62% |
| Dec 31, 2023 | 65.97% |
| Dec 31, 2022 | 61.54% |
| Dec 31, 2021 | 76.53% |
| Dec 31, 2020 | 83.84% |
| Dec 31, 2019 | 84.54% |
| Dec 31, 2017 | 40.44% |
| Mar 31, 2017 | 59.34% |
| Dec 31, 2016 | 19.46% |
| Mar 31, 2016 | 60.06% |
| Dec 31, 2015 | -610.53% |
API Access
British American Tobacco p.l.c Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();