British American Tobacco PLC Capital Reinvestment Ratio
British American Tobacco PLC capital reinvestment ratio. British American Tobacco PLC (BATS) has a Capital Reinvestment Ratio of 0.05x as of June 2026, meaning it reinvests 0% of its operating cash flow (GBX2.58 Billion) in capital expenditures (GBX134.00 Million). Check British American Tobacco PLC (BATS) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of British American Tobacco PLC (1995–2025)
Capital reinvestment ratio of British American Tobacco PLC from 1995 to 2025. This chart tracks British American Tobacco PLC's Capital Reinvestment Ratio across 31 annual periods. Also explore net asset momentum of British American Tobacco PLC to track the company's year-over-year net asset growth rate.
British American Tobacco PLC Capital Reinvestment Ratio by Year (1995–2025)
British American Tobacco PLC capital reinvestment ratio by year from 1995 to 2025. For the full cash flow conversion analysis, see cash efficiency ratio of British American Tobacco PLC.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | GBX4.91 Billion | GBX551.00 Million | ▲ +86.8% |
| 2024 | 0.06x | GBX10.12 Billion | GBX608.00 Million | ▲ +39.9% |
| 2023 | 0.04x | GBX10.71 Billion | GBX460.00 Million | ▼ -32.0% |
| 2022 | 0.06x | GBX10.39 Billion | GBX656.00 Million | ▼ -17.7% |
| 2021 | 0.08x | GBX9.72 Billion | GBX745.00 Million | ▼ -0.6% |
| 2020 | 0.08x | GBX9.79 Billion | GBX755.00 Million | ▼ -14.8% |
| 2019 | 0.09x | GBX9.00 Billion | GBX815.00 Million | ▲ +23.0% |
| 2018 | 0.07x | GBX10.29 Billion | GBX758.00 Million | ▼ -50.2% |
| 2017 | 0.15x | GBX5.35 Billion | GBX791.00 Million | ▲ +16.4% |
| 2016 | 0.13x | GBX4.61 Billion | GBX586.00 Million | ▲ +24.2% |
| 2015 | 0.10x | GBX4.72 Billion | GBX483.00 Million | ▼ -28.1% |
| 2014 | 0.14x | GBX3.72 Billion | GBX529.00 Million | ▲ +10.0% |
| 2013 | 0.13x | GBX4.44 Billion | GBX574.00 Million | ▼ -13.7% |
| 2012 | 0.15x | GBX4.43 Billion | GBX664.00 Million | ▼ -4.3% |
| 2011 | 0.16x | GBX3.94 Billion | GBX617.00 Million | ▲ +5.7% |
| 2010 | 0.15x | GBX3.94 Billion | GBX584.00 Million | ▼ -15.0% |
| 2009 | 0.17x | GBX3.17 Billion | GBX554.00 Million | ▲ +4.7% |
| 2008 | 0.17x | GBX3.26 Billion | GBX544.00 Million | ▼ -21.8% |
| 2007 | 0.21x | GBX2.26 Billion | GBX482.00 Million | ▼ -5.9% |
| 2006 | 0.23x | GBX1.88 Billion | GBX425.00 Million | ▲ +19.0% |
| 2005 | 0.19x | GBX2.00 Billion | GBX381.00 Million | ▼ -23.5% |
| 2004 | 0.25x | GBX1.34 Billion | GBX333.00 Million | ▼ -29.8% |
| 2003 | 0.35x | GBX1.21 Billion | GBX428.00 Million | ▼ -30.0% |
| 2002 | 0.51x | GBX967.00 Million | GBX490.00 Million | ▲ +21.5% |
| 2001 | 0.42x | GBX1.24 Billion | GBX515.00 Million | ▲ +24.4% |
| 2000 | 0.34x | GBX1.08 Billion | GBX362.00 Million | ▲ +76.3% |
| 1999 | 0.19x | GBX1.01 Billion | GBX193.00 Million | ▼ -91.4% |
| 1998 | 2.20x | GBX165.00 Million | GBX363.00 Million | ▲ +112.1% |
| 1997 | 1.04x | GBX347.00 Million | GBX360.00 Million | ▲ +36.9% |
| 1996 | 0.76x | GBX475.00 Million | GBX360.00 Million | ▲ +14.6% |
| 1995 | 0.66x | GBX546.00 Million | GBX361.00 Million | — |