British American Tobacco PLC (BATS) — Cash Flow Quality Index
British American Tobacco PLC (BATS) has a Cash Flow Quality Index of 1.07x as of December 2025. Operating cash flow of GBX3.40 Billion exceeds net income of GBX3.19 Billion, indicating high earnings quality where cash backs reported profits. Explore British American Tobacco PLC cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
British American Tobacco PLC Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for British American Tobacco PLC across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check BATS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for British American Tobacco PLC (1995–2025)
Year-by-year earnings quality comparison for British American Tobacco PLC. For live market cap and the full company financial profile, see British American Tobacco PLC (BATS) market capitalisation.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.63x | GBX4.91 Billion | GBX7.76 Billion | ▼ -80.1% |
| 2024 | 3.18x | GBX10.12 Billion | GBX3.18 Billion | ▲ +109.6% |
| 2022 | 1.52x | GBX10.39 Billion | GBX6.85 Billion | ▲ +9.0% |
| 2021 | 1.39x | GBX9.72 Billion | GBX6.97 Billion | ▲ +41.8% |
| 2020 | 0.98x | GBX9.79 Billion | GBX9.96 Billion | ▼ -1.5% |
| 2019 | 1.00x | GBX9.00 Billion | GBX9.02 Billion | ▼ -41.5% |
| 2018 | 1.71x | GBX10.29 Billion | GBX6.03 Billion | ▲ +1096.5% |
| 2017 | 0.14x | GBX5.35 Billion | GBX37.48 Billion | ▼ -85.6% |
| 2016 | 0.99x | GBX4.61 Billion | GBX4.65 Billion | ▼ -9.9% |
| 2015 | 1.10x | GBX4.72 Billion | GBX4.29 Billion | ▼ -7.8% |
| 2014 | 1.19x | GBX3.72 Billion | GBX3.12 Billion | ▲ +5.0% |
| 2013 | 1.14x | GBX4.44 Billion | GBX3.90 Billion | ▼ -2.5% |
| 2012 | 1.17x | GBX4.43 Billion | GBX3.80 Billion | ▲ +39.8% |
| 2011 | 0.83x | GBX3.94 Billion | GBX4.72 Billion | ▼ -8.6% |
| 2010 | 0.91x | GBX3.94 Billion | GBX4.32 Billion | ▲ +17.8% |
| 2009 | 0.77x | GBX3.17 Billion | GBX4.10 Billion | ▼ -15.2% |
| 2008 | 0.91x | GBX3.26 Billion | GBX3.57 Billion | ▲ +17.3% |
| 2007 | 0.78x | GBX2.26 Billion | GBX2.90 Billion | ▲ +8.8% |
| 2006 | 0.72x | GBX1.88 Billion | GBX2.62 Billion | ▼ -13.5% |
| 2005 | 0.83x | GBX2.00 Billion | GBX2.42 Billion | ▲ +132.5% |
| 2004 | 0.36x | GBX1.34 Billion | GBX3.76 Billion | ▼ -45.4% |
| 2003 | 0.65x | GBX1.21 Billion | GBX1.85 Billion | ▼ -99.9% |
| 2002 | 443.58x | GBX967.00 Million | GBX2.18 Million | ▲ +78055.9% |
| 2001 | 0.57x | GBX1.24 Billion | GBX2.18 Billion | ▼ -5.4% |
| 2000 | 0.60x | GBX1.08 Billion | GBX1.80 Billion | ▼ -12.6% |
| 1999 | 0.69x | GBX1.01 Billion | GBX1.48 Billion | ▲ +320.5% |
| 1998 | 0.16x | GBX165.00 Million | GBX1.01 Billion | ▼ -38.7% |
| 1997 | 0.27x | GBX347.00 Million | GBX1.30 Billion | ▼ -3.8% |
| 1996 | 0.28x | GBX475.00 Million | GBX1.72 Billion | ▼ -12.4% |
| 1995 | 0.32x | GBX546.00 Million | GBX1.73 Billion | — |