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British American Tobacco p.l.c.

BATS.L

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
32,334
Cost of Revenue
5,545
Gross Profit
26,789
Gross Margin
82.9%
Operating Income
3,420
Operating Margin
10.6%
Net Income
3,835
Net Margin
11.9%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
9,671
EBITDA Margin
29.9%

2023

12/31/2023

Revenue
34,104
Cost of Revenue
6,114
Gross Profit
27,990
Gross Margin
82.1%
Operating Income
-19,689
Operating Margin
-57.7%
Net Income
-17,959
Net Margin
-52.7%
EPS (Basic)
$-8.00
EPS (Diluted)
$-8.00
EBITDA
11,033
EBITDA Margin
32.3%

2022

12/31/2022

Revenue
34,569
Cost of Revenue
6,005
Gross Profit
28,564
Gross Margin
82.6%
Operating Income
13,154
Operating Margin
38.1%
Net Income
8,333
Net Margin
24.1%
EPS (Basic)
$4.00
EPS (Diluted)
$4.00
EBITDA
15,365
EBITDA Margin
44.4%

2021

12/31/2021

Revenue
32,105
Cost of Revenue
5,746
Gross Profit
26,359
Gross Margin
82.1%
Operating Income
12,793
Operating Margin
39.8%
Net Income
8,501
Net Margin
26.5%
EPS (Basic)
$4.00
EPS (Diluted)
$4.00
EBITDA
14,591
EBITDA Margin
45.4%

2020

12/31/2020

Revenue
32,220
Cost of Revenue
5,559
Gross Profit
26,661
Gross Margin
82.7%
Operating Income
12,453
Operating Margin
38.6%
Net Income
8,000
Net Margin
24.8%
EPS (Basic)
$4.00
EPS (Diluted)
$3.00
EBITDA
14,621
EBITDA Margin
45.4%