British American Tobacco p.l.c annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
British American Tobacco p.l.c Free Cash Flow (FCF) History (BTI)
British American Tobacco p.l.c reported £5.79B in free cash flow for fiscal 2025, a decrease of 39.92% from the previous fiscal year, with a free cash flow margin of 22.61%.
View full British American Tobacco p.l.c company overviewBritish American Tobacco p.l.c free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | £5.79B | −£3.85B | −39.92% | +22.61% |
| 2024 | 2024-12-31 | £9.64B | −£615.0M | −6.00% | +37.26% |
| 2023 | 2023-12-31 | £10.25B | £383.0M | +3.88% | +37.58% |
| 2022 | 2022-12-31 | £9.87B | £681.0M | +7.41% | +35.69% |
| 2021 | 2021-12-31 | £9.19B | −£85.0M | −0.92% | +35.78% |
| 2020 | 2020-12-31 | £9.28B | £943.0M | +11.32% | +35.98% |
| 2019 | 2019-12-31 | £8.33B | −£1.21B | −12.64% | +32.20% |
| 2018 | 2018-12-31 | £9.54B | £4.98B | +109.33% | +38.94% |
| 2017 | 2017-12-31 | £4.56B | £532.0M | +13.22% | +23.29% |
| 2016 | 2016-12-31 | £4.02B | −£213.0M | −5.03% | +28.48% |
| 2015 | 2015-12-31 | £4.24B | — | — | +32.33% |
British American Tobacco p.l.c quarterly free cash flow
No reported data
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
British American Tobacco p.l.c free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from £9.28B to £5.79B, a compound annual decline of 8.99%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review British American Tobacco p.l.c filings at SEC.gov ↗