What is the current annual net margin of BTI?

As of today, BTI annual net margin is 29.95%

What is 1-year change in BTI annual net margin?

BTI annual net margin is up +147.11% year-over-year

What is 3-year change in BTI annual net margin?

BTI annual net margin is up +21.95% over the past 3 years

How far is BTI annual net margin from its all-time high?

BTI annual net margin is currently -13.21% below its historical high of 34.51% set on December 31, 2015

How does BTI annual net margin rank versus sector peers?

BTI annual net margin is higher than 98.80% of companies in Consumer Defensive sector

When is BTI next annual earnings release?

The next annual earnings release for BTI is on February 10, 2027

When is BTI next earnings release?

The next earnings release for BTI is on February 10, 2027

BTI Net Margin History & Chart Since 1991

Annual Net Margin

29.95%17.83%+147.11%

December 31, 2025

Summary

Current Value: As of today, BTI annual net margin is 29.95%, up +147.11% on December 31, 2025
Historical Performance: BTI annual net margin is up +21.95% over the past 3 years, up +17.54% over the past 5 years
All-Time High Comparison: BTI annual net margin is currently -13.21% below its historical high of 34.51% set on December 31, 2015
3-Year Low Comparison: BTI annual net margin is +157.52% above its 3-year low of -52.07% reached on December 31, 2023
Sector Comparison: BTI annual net margin is higher than 98.80% of companies in Consumer Defensive sector

Net Margin Chart

beforeafter

Performance

BTI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	29.95%	+147.1%	+21.9%	+17.5%	+42.0%
Quarterly Net Margin	Jun 30, 25	-	–	–	–	–
Price	Jul 31, 26	$60.65	+13.0%	+80.1%	+62.0%	+32.7%
PE Ratio	Jul 31, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$33.79B	+2.1%	-0.9%	+2.3%	+47.0%
Annual Net Income	Dec 31, 25	$10.12B	+152.3%	+20.9%	+20.2%	+108.7%
Annual Gross Margin	Dec 31, 25	62.59%	-1.0%	-10.7%	-11.0%	+11.9%
Annual Operating Margin	Dec 31, 25	39.79%	+174.0%	-7.5%	-9.7%	+30.3%

Net Margin Highs

BTI Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	29.95%	Dec 31, 25	at high
5Y	29.95%	Dec 31, 25	at high
All	34.51%	Dec 31, 15	-13.2%

Net Margin Lows

BTI Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-52.07%	Dec 31, 23	+157.5%
5Y	-52.07%	Dec 31, 23	+157.5%
All	-52.07%	Dec 31, 23	+157.5%

Net Margin History

Year	Value	Change
2025	29.95%	+147.1%
2024	12.12%	+123.3%
2023	-52.07%	-312.0%
2022	24.56%	-9.3%
2021	27.08%	+6.3%
2020	25.48%	+12.7%
2019	22.61%	-10.9%
2018	25.37%	-21.9%
2016	32.49%	-5.9%
2015	34.51%	+41.9%
2014	24.32%	-11.8%
2013	27.57%	+2.8%
2012	26.82%	+22.4%
2011	21.91%	+3.9%
2010	21.09%	+1.4%
2009	20.80%	-5.2%
2008	21.93%	-3.9%

Year	Value	Change
2007	22.83%	+8.8%
2006	20.98%	+3.3%
2005	20.31%	-26.0%
2004	27.46%	+268.1%
2003	7.46%	-39.0%
2002	12.22%	+17.8%
2001	10.37%	+34.9%
2000	7.69%	0.0%
1999	7.69%	+18.9%
1998	6.47%	-58.6%
1997	15.62%	-31.1%
1996	22.66%	-4.1%
1995	23.62%	+109.6%
1994	11.27%	+1.6%
1993	11.09%	+18.2%
1992	9.38%	+80.0%
1991	5.21%	-

FAQ

What is the current annual net margin of BTI?: As of today, BTI annual net margin is 29.95%
What is 1-year change in BTI annual net margin?: BTI annual net margin is up +147.11% year-over-year
What is 3-year change in BTI annual net margin?: BTI annual net margin is up +21.95% over the past 3 years
How far is BTI annual net margin from its all-time high?: BTI annual net margin is currently -13.21% below its historical high of 34.51% set on December 31, 2015
How does BTI annual net margin rank versus sector peers?: BTI annual net margin is higher than 98.80% of companies in Consumer Defensive sector
When is BTI next annual earnings release?: The next annual earnings release for BTI is on February 10, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

N/A

June 30, 2025

Performance

BTI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jun 30, 25	-	–	–	–	–
Annual Net Margin	Dec 31, 25	29.95%	–	+147.1%	+21.9%	+17.5%
Price	Jul 31, 26	$60.65	+3.1%	+13.0%	+80.1%	+62.0%
PE Ratio	Jul 31, 26	-	–	–	–	–
Quarterly Revenue	Jun 30, 25	-	–	–	–	–
Quarterly Net Income	Jun 30, 25	-	–	–	–	–
Quarterly Gross Margin	Jun 30, 25	-	–	–	–	–
Quarterly Operating Margin	Jun 30, 25	-	–	–	–	–

Quarterly Net Margin Highs

BTI Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A
All	23.90%	Jun 30, 08	N/A

Quarterly Net Margin Lows

BTI Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	N/A	N/A	N/A
All	8.49%	Jun 30, 01	N/A

Quarterly Net Margin History

Month	Value	Change
Jun 2008	23.90%	+181.5%

Month	Value	Change
Jun 2001	8.49%	-

FAQ

When is BTI next earnings release?: The next earnings release for BTI is on February 10, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

BTI Official Website www.bat.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1303523/000130352325000034/0001303523-25-000034-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1303523/000130352326000017/0001303523-26-000017-index.htm
BTI Profile on Yahoo Finance finance.yahoo.com/quote/BTI
BTI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bti