British American Tobacco p.l.c (BTI) Intangibles (2014 - 2026)
British American Tobacco p.l.c (BTI) recorded Intangibles of $116.84 billion in the quarter ended Jun 30, 2026, up 1.6% from $115.03 billion a year earlier.
British American Tobacco p.l.c (BTI) Intangibles (2014 - 2026) Analysis & Trends
As of Dec 31, 2025, British American Tobacco p.l.c reported Intangibles of $114.62 billion, down 4.9% from the prior year.
- Annual Intangibles has a five-year compound annual growth rate of -5.0% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Intangibles came in at $120.51 billion in the year ended Dec 31, 2024 (+1.4%), $118.86 billion in the year ended Dec 31, 2023 (-25.6%), $159.74 billion in the year ended Dec 31, 2022 (+0.4%) and $159.09 billion in the year ended Dec 31, 2021 (+7.4%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Intangibles since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Intangibles rose in two of the last four quarters, with an average decline of 1.2%.
- Peak year-over-year performance for Intangibles in the last five years was growth of 2.3% in the quarter ended Dec 31, 2021, against a decline of 21.8% in the quarter ended Jun 30, 2024 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 10.18 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 116.84 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 11.85 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 956.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 27.04 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 300.44 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 435.59 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 8.05 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 63.42 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 550.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.84 Bn |
| Dec 31, 2025 | 115.64 Bn |
| Jun 30, 2025 | 115.03 Bn |
| Dec 31, 2024 | 121.00 Bn |
| Jun 30, 2024 | 119.53 Bn |
| Dec 31, 2023 | 118.61 Bn |
| Jun 30, 2023 | 152.82 Bn |
| Dec 31, 2022 | 151.40 Bn |
| Jun 30, 2022 | 161.22 Bn |
| Dec 31, 2021 | 155.86 Bn |
| Jun 30, 2021 | 159.10 Bn |
| Dec 31, 2020 | 152.30 Bn |
| Jun 30, 2020 | 157.40 Bn |
| Dec 31, 2019 | 152.73 Bn |
| Jun 30, 2019 | 159.61 Bn |
| Dec 31, 2018 | 159.58 Bn |
| Jun 30, 2018 | 163.49 Bn |
| Dec 31, 2017 | 156.38 Bn |
| Jun 30, 2017 | 15,559.90 Bn |
| Dec 31, 2016 | 15.06 Bn |
British American Tobacco p.l.c Intangibles 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=intangibles&ticker=BTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=BTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();