British American Tobacco p.l.c. (BTAFF) stock
BTAFFOTCCigarettesAlso trades as BTI
Financials through fiscal 2025, year ended Dec 31, 2025Score 6/30
$57.90−0.48 (-0.82%)
Close on Oct 19, 2026Market cap $133.90BP/E 12.4Yield 5.66%
British American Tobacco p.l.c. operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 39.0%, against 10.6% the year before. The highest annual figure on record is 39.8% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 39.0% | +28.5 |
| FY2024 | Dec 31, 2024 | 10.6% | +68.3 |
| FY2023 | Dec 31, 2023 | -57.7% | −95.8 |
| FY2022 | Dec 31, 2022 | 38.1% | −1.8 |
| FY2021 | Dec 31, 2021 | 39.8% | +1.2 |
| FY2020 | Dec 31, 2020 | 38.6% | +3.8 |
| FY2019 | Dec 31, 2019 | 34.8% | −3.2 |
| FY2018 | Dec 31, 2018 | 38.0% | +5.3 |
| FY2017 | Dec 31, 2017 | 32.8% | −0.2 |
| FY2016 | Dec 31, 2016 | 32.9% | −3.4 |
| FY2015 | Dec 31, 2015 | 36.4% | – |