British American Tobacco p.l.c (BTI) Notes Payables (2016 - 2025)

British American Tobacco p.l.c (BTI) reported Notes Payables of $4.5 billion for Q4 2025, down 19.2% on a YoY basis from $5.5 billion in Q4 2024, and down 89.75% quarter-over-quarter from $43.6 billion in Q2 2025.

British American Tobacco p.l.c (BTI) Notes Payables (2016 - 2025) Analysis & Trends

British American Tobacco p.l.c has reported Notes Payables for 10 years, with the latest figure at $4.5 billion in Q4 2025.

  • For the quarter ending Q4 2025, Notes Payables fell 19.2% year-over-year to $4.5 billion; the trailing twelve-month figure through Dec 2025 stood at $4.5 billion (down 19.2% YoY), and the FY2025 full-year result was $4.4 billion, down 19.9% from the prior year.
  • Notes Payables for Q4 2025 stood at $4.5 billion, down from $43.6 billion in the prior quarter.
  • The five-year high for Notes Payables was $43.6 billion in Q2 2025, with the low at $4.5 billion in Q4 2025.
  • Historically, Notes Payables has averaged $10.2 billion across 5 years, with a median of $5.5 billion in 2024.
  • The largest YoY upside for Notes Payables was 373.16% in 2025 against a maximum downside of 19.2% in 2025.
  • British American Tobacco p.l.c's Notes Payables stood at $5.4 billion in 2021, then dropped by 3.81% to $5.2 billion in 2022, then gained by 3.68% to $5.4 billion in 2023, then increased by 3.13% to $5.5 billion in 2024, then fell by 19.2% to $4.5 billion in 2025.
  • The last three Notes Payables figures came in at $4.5 billion (Q4 2025), $43.6 billion (Q2 2025), and $5.5 billion (Q4 2024), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 4.47 Bn
Jun 30, 2025 43.63 Bn
Dec 31, 2024 5.53 Bn
Jun 30, 2024 9.22 Bn
Dec 31, 2023 5.37 Bn
Jun 30, 2023 6.29 Bn
Dec 31, 2022 5.18 Bn
Jun 30, 2022 6.49 Bn
Dec 31, 2021 5.38 Bn
Dec 31, 2020 5.34 Bn
Dec 31, 2019 9.72 Bn
Dec 31, 2018 5.44 Bn
Dec 31, 2017 2.73 Bn
Dec 31, 2016 3.74 Bn