British American Tobacco

BATS · LSE · GBp

3,984.00 GBpChange from previous close: −3.51%Absolute change: −145.00 GBp

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
£85.73B
Enterprise value
£122.14B
P/E (trailing 12 months)
13.7
Forward P/E
10.3
PEG
1.38
Price/book
185.5
Price/sales
3.33
EV/EBITDA
10.9
EV/revenue
4.74

Profitability and growth

Gross margin
82.7%
Operating margin
34.9%
Net margin
25.0%
ROE
13.4%
ROA
5.1%
Revenue growth (year over year)
1.4%
Earnings growth (year over year)
-28.6%

Financial health

Total cash
£2.53B
Total debt
£35.06B
Debt/equity
0.72
Current ratio
0.84
Quick ratio
0.48

Dividends

Annual dividend per share
2.45 GBp
Dividend yield
5.9%
Payout ratio
83.4%
Ex-dividend date
October 1, 2026

Analysts and estimates

Average price target
5,153.85 GBp
Median price target
5,250.00 GBp
High price target
5,600.00 GBp
Low price target
3,800.00 GBp
Analysts with a price target
13
Consensus
Buy
Forward EPS
3.87 GBp
EPS estimate, current year
3.65 GBp

Shares and trading

Beta
0.11
Average volume
3.38M
Shares outstanding
2.15B
Float
1.97B
Institutional ownership
56.3%
Insider ownership
6.6%