BTI
British American Tobacco p.l.c.
NYSEUSDEQUITY
Consumer Defensive
DELAYED
Sell
-25/100
Last price
53.42
▲ 0.54 (1.02%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
53.26
Prev close
52.88
Day high
53.27
Day low
52.90
Volume
4.75M
Market cap
$114.03B
P/E (TTM)
13.59
52W range
49.88 – 67.30
Day trading desk
Gap from prior close
+0.72%
Prior close 52.88
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
1.91%
52.95 – 53.96
Position in range
46%
Mid range
ATR (14D)
0.90
1.69% of price
Prior day high
52.93
PDH
Prior day low
52.06
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 4.57M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-3.35%
-5.3%
1M
-4.23%
-5.4%
3M
-13.65%
-18.2%
6M
-9.85%
-28.0%
YTD
-6.38%
-20.6%
1Y
+3.45%
-13.0%
3Y
+68.77%
-13.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on BTI open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
10.72M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Feb 11, 26 | Anand (Kandy) |
— | 0 | — | Direct |
| Feb 11, 26 | Jobin (Luc) |
— | 0 | — | Direct |
| Feb 11, 26 | Kessler (Murray S) |
— | 0 | — | Direct |
| Feb 11, 26 | Thomas (Darrell) |
— | 0 | — | Direct |
| Dec 31, 25 | Anand (Kandy) |
— | 0 | — | Direct |
| Dec 31, 25 | Jobin (Luc) |
— | 0 | — | Direct |
| Dec 31, 25 | Kessler (Murray S) |
— | 0 | — | Direct |
| Dec 31, 25 | Thomas (Darrell) |
— | 0 | — | Direct |
| Apr 23, 25 | Spring Mountain Investments, Ltd. |
— | 5.55M | — | Direct |
| Apr 17, 25 | Spring Mountain Investments, Ltd. |
— | 0 | — | Direct |
| Apr 15, 25 | Spring Mountain Investments, Ltd. |
— | 0 | — | Direct |
| Apr 8, 25 | Spring Mountain Investments, Ltd. |
— | 0 | — | Direct |
| Mar 24, 25 | Spring Mountain Investments, Ltd. |
— | 1.65M | — | Direct |
| Dec 31, 24 | Anand (Kandy) |
— | 0 | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Anand (Kandy) |
— | 7.58K | Annual Return |
Jobin (Luc) |
— | 90.24K | Annual Return |
Kessler (Murray S) |
— | 5.00K | Annual Return |
Spring Mountain Investments, Ltd. |
— | 2.00M | Decrease |
Thomas (Darrell) |
— | 4.60K | Annual Return |
Fundamentals
Market cap$114.03B
Enterprise value$606.58B
Revenue (TTM)$25.78B
Gross profit$21.32B
EBITDA$11.20B
Net income$6.35B
EPS (TTM)$3.90
Free cash flow$3.53B
Total cash$2.53B
Total debt$35.06B
Book value / share$5.68
Shares outstanding2.15B
Float9.86B
Short % of float0.16%
Dividend yield6.30%
Beta (5Y)0.10
Valuation & profitability ratios
Trailing P/E13.59
Forward P/E10.12
PEG ratio1.33
Price / sales—
Price / book9.34
EV / revenue23.53
EV / EBITDA54.16
Gross margin82.72%
Operating margin34.91%
Profit margin24.99%
Return on equity13.42%
Return on assets5.12%
Debt / equity72.15
Current ratio0.84
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $25.61B | $25.87B | $27.28B | $27.66B | -1.0% |
| Operating revenue | $25.61B | $25.87B | $27.28B | $27.66B | -1.0% |
| Cost of revenue | $4.23B | $4.44B | $4.64B | $4.55B | -4.7% |
| Gross profit | $21.38B | $21.43B | $22.64B | $23.10B | -0.2% |
| Research & development | $133.00M | $174.00M | $181.00M | $138.00M | -23.6% |
| Selling, general & admin | $1.12B | $1.14B | $1.18B | $1.19B | -1.6% |
| Total operating expense | $9.72B | $10.80B | $31.18B | $8.82B | -9.9% |
| Operating income | $11.66B | $10.63B | -$8.53B | $14.28B | +9.6% |
| Net interest income | -$1.73B | -$1.59B | -$1.72B | -$1.59B | -8.9% |
| Pre-tax income | $9.86B | $3.54B | -$17.06B | $9.32B | +178.7% |
| Tax provision | $2.09B | $357.00M | -$2.87B | $2.48B | +486.6% |
| Net income | $7.76B | $3.07B | -$14.37B | $6.67B | +153.1% |
| Net income to common | $7.68B | $3.03B | -$14.41B | $6.62B | +153.7% |
| Basic EPS | 3.51 | 1.37 | -6.47 | 2.93 | +156.8% |
| Diluted EPS | 3.49 | 1.36 | -6.47 | 2.92 | +156.7% |
| EBIT | $11.79B | $5.36B | -$15.17B | $10.99B | +119.9% |
| EBITDA | $14.06B | $8.42B | $8.83B | $12.29B | +66.9% |
| Basic shares | 2.19B | 2.21B | 2.23B | 2.26B | -1.2% |
| Diluted shares | 2.20B | 2.23B | 2.23B | 2.27B | -1.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $3.49B | $2.89B | $2.36B | $1.71B | +21.0% |
| Cash & short-term investments | $3.51B | $3.40B | $2.96B | $2.29B | +3.2% |
| Accounts receivable | $3.80B | $3.60B | $3.62B | $4.37B | +5.5% |
| Inventory | $4.38B | $4.62B | $4.94B | $5.67B | -5.1% |
| Total current assets | $12.68B | $14.29B | $14.19B | $15.41B | -11.3% |
| Property, plant & equipment | $4.48B | $4.38B | $4.58B | $4.87B | +2.4% |
| Goodwill & intangibles | $86.93B | $94.28B | $95.56B | $129.07B | -7.8% |
| Total assets | $109.29B | $118.90B | $118.72B | $153.55B | -8.1% |
| Total current liabilities | $14.52B | $18.74B | $15.67B | $17.85B | -22.5% |
| Current debt | $3.21B | $4.17B | $4.19B | $4.27B | -23.1% |
| Long-term debt | $31.33B | $32.19B | $35.04B | $38.35B | -2.7% |
| Total debt | $35.07B | $36.95B | $39.73B | $43.14B | -5.1% |
| Total liabilities | $61.15B | $68.90B | $65.78B | $77.84B | -11.3% |
| Retained earnings | $27.31B | $26.02B | $31.63B | $51.20B | +5.0% |
| Shareholder equity | $47.93B | $49.64B | $52.57B | $75.37B | -3.5% |
| Working capital | -$1.84B | -$4.45B | -$1.49B | -$2.44B | +58.6% |
| Net tangible assets | -$39.01B | -$44.63B | -$43.00B | -$53.71B | +12.6% |
| Shares issued | 2.31B | 2.34B | 2.46B | 2.46B | -1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $7.76B | $3.18B | -$14.19B | $6.85B | +144.1% |
| Depreciation & amortisation | $2.27B | $3.06B | $24.00B | $1.30B | -25.9% |
| Change in working capital | -$3.91B | $5.78B | -$469.00M | $103.00M | -167.7% |
| Operating cash flow | $6.34B | $10.13B | $10.71B | $10.39B | -37.4% |
| Capital expenditure | -$704.00M | -$608.00M | -$601.00M | -$656.00M | -15.8% |
| Investing cash flow | $1.39B | $1.38B | -$296.00M | -$705.00M | +0.9% |
| Share buybacks | -$1.17B | -$792.00M | -$110.00M | -$2.09B | -48.1% |
| Dividends paid | -$5.24B | -$5.21B | -$5.05B | -$4.92B | -0.5% |
| Financing cash flow | -$8.76B | -$10.63B | -$9.31B | -$8.88B | +17.6% |
| Free cash flow | $5.64B | $9.52B | $10.11B | $9.74B | -40.8% |
| End cash position | $3.79B | $5.10B | $4.52B | $3.34B | -25.8% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
| Line item | 2026-06-30 | 2025-12-31 | 2025-06-30 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $2.52B | $3.49B | $4.40B | -27.9% |
| Cash & short-term investments | $2.53B | $3.51B | $4.89B | -27.8% |
| Accounts receivable | $3.85B | $3.80B | $3.48B | +1.1% |
| Inventory | $4.84B | $4.38B | $5.09B | +10.6% |
| Total current assets | $11.92B | $12.68B | $13.88B | -6.0% |
| Property, plant & equipment | $4.22B | $4.48B | $4.16B | -5.8% |
| Goodwill & intangibles | $87.09B | $86.93B | $86.22B | +0.2% |
| Total assets | $108.39B | $109.29B | $110.23B | -0.8% |
| Total current liabilities | $14.28B | $14.52B | $16.00B | -1.7% |
| Current debt | — | $3.21B | — | — |
| Long-term debt | — | $31.33B | — | — |
| Total debt | $35.06B | $35.07B | $35.21B | -0.0% |
| Total liabilities | $59.79B | $61.15B | $63.05B | -2.2% |
| Retained earnings | $22.81B | $27.31B | $22.99B | -16.5% |
| Shareholder equity | $48.38B | $47.93B | $46.87B | +0.9% |
| Working capital | -$2.35B | -$1.84B | -$2.12B | -28.0% |
| Net tangible assets | -$38.71B | -$39.01B | -$39.35B | +0.8% |
| Shares issued | 2.30B | 2.31B | 2.33B | -0.6% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
0.39
Call-heavy session
Put / call open interest
0.73
Positioning, not flow
Max pain
55.00
+3.8% from spot
ATM implied vol
6.3%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
506
Contracts, this expiry
Put volume
198
Contracts, this expiry
Heaviest call OI
60.00
1.33K contracts
Heaviest put OI
55.00
1.65K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | 4.78 | 2 | $26.16B | +2.1% |
| Next year | 5.24 | 4 | $27.10B | +3.6% |
Analyst targets & ownership
Mean target$70.43
High target$75.00
Low target$63.00
Implied upside31.86%
Analyst count6
ConsensusSTRONG BUY
Strong buy / Buy2 / 5
Hold0
Sell / Strong sell0 / 0
Held by insiders0.10%
Held by institutions15.68%
Institutions holding1.05K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
54.45
-1.90% from price
SMA 20
55.11
-3.81% from price
SMA 50
56.55
-6.27% from price
SMA 100
59.13
-9.66% from price
SMA 200
58.95
-10.07% from price
EMA 12
54.26
-1.55% from price
EMA 26
55.19
-3.21% from price
EMA 50
56.36
-5.23% from price
RSI (14)
33.3
Neutral
MACD (12,26,9)
-0.93
Hist -0.24
ATR (14)
0.90
1.70% of price
Realised vol 30D
18.7%
Annualised
Bollinger upper
57.67
20, 2σ
Bollinger lower
52.55
20, 2σ
50 / 200 cross
Death
56.55 vs 58.95
Trend bias
Below 200
-10.07%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.15
Less volatile than market
Correlation to SPY
0.08
Largely independent
Realised vol 30D
18.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-21.1%
Peak to trough
Max drawdown 5Y
-39.8%
Peak to trough
ATR 14
0.90
1.70% of price
Beta (reported)
0.10
5Y monthly, from filing
Short interest
Shares short
2.70M
Prior 3.88M
Change vs prior
-30.3%
Shorts covering
% of float
0.16%
Normal
% of shares out
0.13%
Against total outstanding
Days to cover
0.5
Liquid
Float
9.86B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 8, 25 | Argus Research | UPGRADE | Hold | Buy |
| Jul 9, 25 | Jefferies | INITIATED | — | Buy |
| Jan 27, 25 | UBS | UPGRADE | Neutral | Buy |
| Nov 1, 23 | Morgan Stanley | INITIATED | — | Overweight |
| Sep 1, 23 | Argus Research | DOWNGRADE | Buy | Hold |
| Mar 24, 22 | JP Morgan | UPGRADE | Neutral | Overweight |
| Apr 9, 21 | JP Morgan | DOWNGRADE | Overweight | Neutral |
| Mar 26, 21 | Jefferies | UPGRADE | Hold | Buy |
| Mar 5, 20 | Bernstein | UPGRADE | Market Perform | Outperform |
| Jun 17, 19 | Morgan Stanley | DOWNGRADE | Equal-Weight | Underweight |
| Mar 28, 19 | Citigroup | UPGRADE | Neutral | Buy |
| Jan 29, 19 | Piper Sandler | UPGRADE | Neutral | Overweight |
Dividends & splits
Forward rate$3.34 / yr
Forward yield6.30%
5-year avg yield7.08%
Payout ratio83.97%
Ex-dividend dateDec 29, 2026
Next pay dateFeb 8, 2027
Last split2:1
Split dateFeb 14, 2017
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-02
Corporate Changes & Voting Matters
6-K · 2026-10-01
Corporate Changes & Voting Matters
6-K · 2026-09-29
Corporate Changes & Voting Matters
6-K · 2026-09-09
Notification filed by national security exchange to report the removal from listing and registration of matured
25-NSE · 2026-09-08
Corporate Changes & Voting Matters
6-K · 2026-09-03
Corporate Changes & Voting Matters
6-K · 2026-09-02
Corporate Changes & Voting Matters
6-K · 2026-09-01
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PRIVATE STRATEGY · BY QUALIFICATION
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