Operating margin · 2015–2025
British American Tobacco P.L.C operating margin
39.0%+269.1% · FY2025
British American Tobacco P.L.C (BTI) reported 39.0% in operating margin for fiscal 2025, +269.1% year on year.
| Fiscal year | Operating margin | Change | Filing |
|---|---|---|---|
| FY2025 | 39.0% | +269.1% | Derived |
| FY2024 | 10.6% | +68.3 pp | Derived |
| FY2023 | −57.7% | −95.8 pp | Derived |
| FY2022 | 38.1% | −4.5% | Derived |
| FY2021 | 39.8% | +3.1% | Derived |
| FY2020 | 38.6% | +10.9% | Derived |
| FY2019 | 34.8% | −8.4% | Derived |
| FY2018 | 38.0% | +16.0% | Derived |
| FY2017 | 32.8% | −0.5% | Derived |
| FY2016 | 32.9% | −9.4% | Derived |
| FY2015 | 36.4% | — | Derived |
Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +0.7%
Figures are reported under IFRS in GBP and converted to US dollars at ECB reference rates — fiscal 2025 average 0.758 GBP/$ for income items, year-end 0.743 GBP/$ for balance-sheet items.
Calculated from two reported figures, so it has no single filing of its own.
Operating margin at companies of similar size
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Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
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CompaniesRanked. (September 25, 2026). British American Tobacco P.L.C operating margin. CompaniesRanked. https://companiesranked.com/en/company/british-american-tobacco-plc/operating-marginBibTeX
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author = {{CompaniesRanked}},
title = {{British American Tobacco P.L.C operating margin}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/british-american-tobacco-plc/operating-margin}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
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}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.