British American Tobacco p.l.c (BTI) Invested Capital (2013 - 2025)

British American Tobacco p.l.c (BTI) reported Invested Capital of $107.9 billion for Q4 2025, down 1.01% on a YoY basis from $109.0 billion in Q4 2024, and up 153.47% quarter-over-quarter from $42.6 billion in Q2 2025.

British American Tobacco p.l.c (BTI) Invested Capital (2013 - 2025) Analysis & Trends

British American Tobacco p.l.c has reported Invested Capital for 13 years, with the latest figure at $107.9 billion in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 1.01% year-over-year to $107.9 billion; the trailing twelve-month figure through Dec 2025 stood at $107.9 billion (down 1.01% YoY), and the FY2025 full-year result was $106.9 billion, down 1.88% from the prior year.
  • Invested Capital for Q4 2025 stood at $107.9 billion, up from $42.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $144.3 billion in Q4 2021, with the low at $41.5 billion in Q2 2024.
  • Historically, Invested Capital has averaged $84.2 billion across 5 years, with a median of $79.4 billion in 2021.
  • Annual changes were most pronounced in 2023 — Invested Capital decreased 17.93% — and 2025, when it grew 2.64%.
  • British American Tobacco p.l.c's Invested Capital stood at $144.3 billion in 2021, then retreated by 5.05% to $137.0 billion in 2022, then slipped by 17.93% to $112.5 billion in 2023, then decreased by 3.1% to $109.0 billion in 2024, then declined by 1.01% to $107.9 billion in 2025.
  • The last three Invested Capital figures came in at $107.9 billion (Q4 2025), $42.6 billion (Q2 2025), and $109.0 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -1.61 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 21.44 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - 107.88 Bn
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 385.49 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 1.46 Bn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 2.33 Bn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn -15.11 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 45.20 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 50.08 Mn
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 21.22 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 107.88 Bn
Jun 30, 2025 42.56 Bn
Dec 31, 2024 108.98 Bn
Jun 30, 2024 41.47 Bn
Dec 31, 2023 112.46 Bn
Jun 30, 2023 46.48 Bn
Dec 31, 2022 137.02 Bn
Jun 30, 2022 50.02 Bn
Dec 31, 2021 144.32 Bn
Jun 30, 2021 50.82 Bn
Dec 31, 2020 140.81 Bn
Jun 30, 2020 53.88 Bn
Dec 31, 2019 92.21 Bn
Jun 30, 2019 53.49 Bn
Dec 31, 2018 89.96 Bn
Jun 30, 2018 58.89 Bn
Dec 31, 2017 68.10 Bn
Jun 30, 2017 19,275.77 Bn
Dec 31, 2016 30.95 Bn
Jun 30, 2016 21.38 Bn