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. r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was £358.00M, down 5.8% from the year before. Over ten years it grew 19.6% a year on average. The highest annual figure on record is £408.00M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | £358.00M | -5.8% |
| FY2024 | Dec 31, 2024 | £380.00M | -6.9% |
| FY2023 | Dec 31, 2023 | £408.00M | +26.3% |
| FY2022 | Dec 31, 2022 | £323.00M | +6.3% |
| FY2021 | Dec 31, 2021 | £304.00M | -1.0% |
| FY2020 | Dec 31, 2020 | £307.00M | -18.4% |
| FY2019 | Dec 31, 2019 | £376.00M | +45.7% |
| FY2018 | Dec 31, 2018 | £258.00M | +35.1% |
| FY2017 | Dec 31, 2017 | £191.00M | +32.6% |
| FY2016 | Dec 31, 2016 | £144.00M | +140.0% |
| FY2015 | Dec 31, 2015 | £60.00M | – |