British American Tobacco p.l.c (BTI) Shares Outstanding (Diluted) (2013 - 2026)
British American Tobacco p.l.c's Shares Outstanding (Diluted) was 2.2 billion in the quarter ended Jun 30, 2026, down 1.2% from 2.23 billion a year earlier.
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Analysis
British American Tobacco p.l.c (BTI) Shares Outstanding (Diluted) (2013 - 2026) Analysis & Trends
From the quarter ended Dec 31, 2013 onward, British American Tobacco p.l.c has reported Shares Outstanding (Diluted) for 26 quarters.
- Shares Outstanding (Diluted) has now declined for four consecutive years, with a five-year compound annual growth rate of -0.9% (years ended Dec 2020 to Dec 2025).
- In earlier years, Shares Outstanding (Diluted) was 2.23 billion in the year ended Dec 31, 2024 (-0.2%), 2.23 billion in the year ended Dec 31, 2023 (-1.7%), 2.27 billion in the year ended Dec 31, 2022 (-1.3%) and 2.3 billion in the year ended Dec 31, 2021 (+0.1%).
- Quarterly Shares Outstanding (Diluted) has moved between 2.2 billion (the quarter ended Dec 31, 2025) and 2.3 billion (the quarter ended Jun 30, 2022) over five years.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was the quarter ended Jun 30, 2022 (growth of 0.1%); the worst was the quarter ended Dec 31, 2023 (a decline of 1.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 2.20 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 270.70 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 222.78 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | 375.06 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 20.16 Mn |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn | 73.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 Bn |
| Dec 31, 2025 | 2.20 Bn |
| Jun 30, 2025 | 2.23 Bn |
| Dec 31, 2024 | 2.23 Bn |
| Jun 30, 2024 | 2.23 Bn |
| Dec 31, 2023 | 2.23 Bn |
| Jun 30, 2023 | 2.27 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Jun 30, 2022 | 2.30 Bn |
| Dec 31, 2021 | 2.30 Bn |
| Jun 30, 2021 | 2.30 Bn |
| Dec 31, 2020 | 2.30 Bn |
| Jun 30, 2020 | 2.29 Bn |
| Dec 31, 2019 | 2.29 Bn |
| Jun 30, 2019 | 2.29 Bn |
| Dec 31, 2018 | 2.29 Bn |
| Jun 30, 2018 | 2.05 Bn |
| Dec 31, 2017 | 2.05 Bn |
| Jun 30, 2017 | 1.87 Bn |
| Mar 31, 2017 | 1.87 Bn |
API Access
British American Tobacco p.l.c Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=BTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=BTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();