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British American Tobacco p.l.c. BTI
$ 57.63 0.93%

Annual report 2024
added 12-06-2025

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British American Tobacco p.l.c. Retained Earnings 2011-2025 | BTI

Retained earnings — this is the portion of a company’s net profit that has not been distributed to shareholders as dividends but remains at the company’s disposal for future use. It is also referred to as retained income or accumulated earnings.
Possible uses include
  • reinvestment in development (R&D, equipment, marketing)
  • debt repayment
  • acquisition of other companies
  • creation of reserves for the future

A high level of retained earnings indicates that the company is in a growth phase, accumulating capital and prioritizing reinvestment over dividend payouts. Conversely, low or negative retained earnings may suggest either a generous dividend policy, in which all profits are distributed to shareholders, or ongoing losses that reduce the overall financial result.

The presence of retained earnings does not indicate that the company has available cash — it is solely an accounting figure reflecting the accumulated portion of net profit remaining after dividends have been paid. Therefore, it is important for investors to analyze not only the amount of retained earnings, but also how effectively it is used to develop the business, reduce debt, or build financial stability.

Annual Retained Earnings British American Tobacco p.l.c.

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
- - - - 42 B 40.2 B 38.6 B 37 B 3.33 B 1.75 B 1.58 B 2.4 B 2.25 B 2.64 B

All numbers in GBP currency

Indicator range from annual reports

Maximum Minimum Average
42 B 1.58 B 17.2 B

Quarterly Retained Earnings British American Tobacco p.l.c.

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - 44.2 B - 43 B - 42 B - 41.4 B - 40.2 B - 38.3 B - 38.6 B - 37.6 B - 36.9 B - 3.39 B - 3.33 B - 36.9 B - - - - - - - - - - - - - - - - - - - - -

All numbers in GBP currency

Indicator range from quarterly reporting

Maximum Minimum Average
44.2 B 3.33 B 33.8 B

Retained Earnings of other stocks in the Tobacco industry

Issuer Retained Earnings Price % 24h Market Cap Country
Altria Group Altria Group
MO
35.5 B $ 59.17 0.71 % $ 102 B usaUSA
Philip Morris International Philip Morris International
PM
32.9 B $ 158.44 3.11 % $ 246 B usaUSA
Turning Point Brands Turning Point Brands
TPB
147 M $ 109.64 4.26 % $ 1.94 B usaUSA
Universal Corporation Universal Corporation
UVV
1.19 B $ 54.96 2.12 % $ 1.37 B usaUSA
Vector Group Ltd. Vector Group Ltd.
VGR
-756 M - -0.03 % $ 2.3 B usaUSA