British American Tobacco PLC (BATS) — Cash Flow Reinvestment Rate
British American Tobacco PLC (BATS) has a Cash Flow Reinvestment Rate of 0.13x as of December 2025, reinvesting GBX448.00 Million (capex GBX448.00 Million ) from operating cash flow of GBX3.40 Billion. Explore reinvestment intensity of British American Tobacco PLC to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
British American Tobacco PLC Cash Flow Reinvestment Rate (1995–2025)
Historical reinvestment intensity for British American Tobacco PLC across 31 annual periods. Also explore British American Tobacco PLC (BATS) total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for British American Tobacco PLC (1995–2025)
Year-by-year capital reinvestment analysis for British American Tobacco PLC. For live market cap and broader valuation context, see British American Tobacco PLC (BATS) total market value.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.27x | GBX1.34 Billion | GBX4.91 Billion | GBX551.00 Million | ▲ +39.8% |
| 2024 | 0.20x | GBX1.98 Billion | GBX10.12 Billion | GBX608.00 Million | ▲ +177.6% |
| 2023 | 0.07x | GBX756.00 Million | GBX10.71 Billion | GBX460.00 Million | ▼ -46.1% |
| 2022 | 0.13x | GBX1.36 Billion | GBX10.39 Billion | GBX656.00 Million | ▲ +15.0% |
| 2021 | 0.11x | GBX1.11 Billion | GBX9.72 Billion | GBX745.00 Million | ▲ +27.3% |
| 2020 | 0.09x | GBX875.00 Million | GBX9.79 Billion | GBX755.00 Million | ▼ -8.3% |
| 2019 | 0.10x | GBX877.00 Million | GBX9.00 Billion | GBX815.00 Million | ▲ +6.4% |
| 2018 | 0.09x | GBX943.00 Million | GBX10.29 Billion | GBX758.00 Million | ▼ -38.1% |
| 2017 | 0.15x | GBX791.00 Million | GBX5.35 Billion | GBX791.00 Million | ▲ +16.4% |
| 2016 | 0.13x | GBX586.00 Million | GBX4.61 Billion | GBX586.00 Million | ▲ +24.2% |
| 2015 | 0.10x | GBX483.00 Million | GBX4.72 Billion | GBX483.00 Million | ▼ -28.1% |
| 2014 | 0.14x | GBX529.00 Million | GBX3.72 Billion | GBX529.00 Million | ▲ +10.0% |
| 2013 | 0.13x | GBX574.00 Million | GBX4.44 Billion | GBX574.00 Million | ▼ -13.7% |
| 2012 | 0.15x | GBX664.00 Million | GBX4.43 Billion | GBX664.00 Million | ▼ -4.3% |
| 2011 | 0.16x | GBX617.00 Million | GBX3.94 Billion | GBX617.00 Million | ▲ +5.7% |
| 2010 | 0.15x | GBX584.00 Million | GBX3.94 Billion | GBX584.00 Million | ▼ -15.0% |
| 2009 | 0.17x | GBX554.00 Million | GBX3.17 Billion | GBX554.00 Million | ▲ +4.7% |
| 2008 | 0.17x | GBX544.00 Million | GBX3.26 Billion | GBX544.00 Million | ▼ -21.8% |
| 2007 | 0.21x | GBX482.00 Million | GBX2.26 Billion | GBX482.00 Million | ▼ -5.9% |
| 2006 | 0.23x | GBX425.00 Million | GBX1.88 Billion | GBX425.00 Million | ▲ +19.0% |
| 2005 | 0.19x | GBX381.00 Million | GBX2.00 Billion | GBX381.00 Million | ▼ -23.5% |
| 2004 | 0.25x | GBX333.00 Million | GBX1.34 Billion | GBX333.00 Million | ▼ -29.8% |
| 2003 | 0.35x | GBX428.00 Million | GBX1.21 Billion | GBX428.00 Million | ▼ -30.0% |
| 2002 | 0.51x | GBX490.00 Million | GBX967.00 Million | GBX490.00 Million | ▲ +21.5% |
| 2001 | 0.42x | GBX515.00 Million | GBX1.24 Billion | GBX515.00 Million | ▲ +24.4% |
| 2000 | 0.34x | GBX362.00 Million | GBX1.08 Billion | GBX362.00 Million | ▲ +76.3% |
| 1999 | 0.19x | GBX193.00 Million | GBX1.01 Billion | GBX193.00 Million | ▼ -91.4% |
| 1998 | 2.20x | GBX363.00 Million | GBX165.00 Million | GBX363.00 Million | ▲ +112.1% |
| 1997 | 1.04x | GBX360.00 Million | GBX347.00 Million | GBX360.00 Million | ▲ +36.9% |
| 1996 | 0.76x | GBX360.00 Million | GBX475.00 Million | GBX360.00 Million | ▲ +14.6% |
| 1995 | 0.66x | GBX361.00 Million | GBX546.00 Million | GBX361.00 Million | — |