British American Tobacco p.l.c (BTI) Invested Capital (2013 - 2026)
British American Tobacco p.l.c's (BTI) quarterly Invested Capital came in at $41.7 billion in Q2 2026, down 6.78% YoY from $44.7 billion in Q2 2025, and down 10.71% on a QoQ basis from $46.6 billion in Q4 2025.
British American Tobacco p.l.c (BTI) Invested Capital (2013 - 2026) Analysis & Trends
British American Tobacco p.l.c (BTI) has 14 years of Invested Capital data on file, last reported at $41.7 billion in Q2 2026.
- Quarterly Invested Capital fell 6.78% year-over-year to $41.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $180.4 billion (down 4.12% YoY) and the FY2025 annual result came in at $46.6 billion, down 1.64% from the prior year.
- Invested Capital eased to $41.7 billion in Q2 2026, from $46.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $50.6 billion in Q4 2022 to a low of $41.7 billion in Q2 2026.
- A 5-year average of $47.0 billion and a median of $46.7 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital slumped 64.94% — and 2024, when it advanced 1.1%.
- Tracing BTI's Invested Capital over 5 years: stood at $50.6 billion in 2022, then fell by 2.55% to $49.3 billion in 2023, then slipped by 3.82% to $47.4 billion in 2024, then declined by 1.64% to $46.6 billion in 2025, then slipped by 10.71% to $41.7 billion in 2026.
- The last three Invested Capital figures came in at $41.7 billion (Q2 2026), $46.6 billion (Q4 2025), and $44.7 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 3.41 Bn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | 44.95 Bn |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 1.68 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | 24.26 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | - |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | 567.01 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 1.09 Mn |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 8.62 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | - |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.65 Bn |
| Dec 31, 2025 | 46.65 Bn |
| Jun 30, 2025 | 44.68 Bn |
| Dec 31, 2024 | 47.43 Bn |
| Jun 30, 2024 | 46.74 Bn |
| Dec 31, 2023 | 49.31 Bn |
| Jun 30, 2023 | 46.23 Bn |
| Dec 31, 2022 | 50.60 Bn |
| Jun 30, 2022 | 49.73 Bn |
| Dec 31, 2021 | 144.32 Bn |
| Jun 30, 2021 | 65.14 Bn |
| Dec 31, 2020 | 58.06 Bn |
| Jun 30, 2020 | 65.24 Bn |
| Dec 31, 2019 | 58.72 Bn |
| Jun 30, 2019 | 64.08 Bn |
| Dec 31, 2018 | 5.44 Bn |
| Jun 30, 2018 | 58.89 Bn |
| Dec 31, 2017 | 30.92 Bn |
| Jun 30, 2017 | 19,275.77 Bn |
| Dec 31, 2016 | 20.50 Bn |