British American Tobacco p.l.c annual return on equity
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
British American Tobacco p.l.c Return on Equity (ROE) Growth & History (BATS)
British American Tobacco p.l.c's return on equity was 16.52% for fiscal 2025.
View full British American Tobacco p.l.c company overviewBritish American Tobacco p.l.c annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.52% | +10.09 pp |
| 2024 | 2024-12-31 | 6.44% | +29.22 pp |
| 2023 | 2023-12-31 | −22.78% | −32.63 pp |
| 2022 | 2022-12-31 | 9.84% | −1.05 pp |
| 2021 | 2021-12-31 | 10.89% | +0.52 pp |
| 2020 | 2020-12-31 | 10.37% | +1.33 pp |
| 2019 | 2019-12-31 | 9.04% | −0.80 pp |
| 2018 | 2018-12-31 | 9.84% | −99.40 pp |
| 2017 | 2017-12-31 | 109.24% | +36.00 pp |
| 2016 | 2016-12-31 | 73.24% | — |
British American Tobacco p.l.c return on equity trends
Over the last five fiscal years, British American Tobacco p.l.c's return on equity increased from 10.37% to 16.52%, a change of +6.15 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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