British American Tobacco PLC Financial Flexibility Index
British American Tobacco PLC financial flexibility index. British American Tobacco PLC (BATS) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of GBX2.72 Billion (operating CF GBX2.58 Billion minus capex GBX134.00 Million) represents 0% of total liabilities (GBX59.79 Billion). See free cash flow generation of British American Tobacco PLC to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of British American Tobacco PLC (1995–2025)
Financial flexibility index of British American Tobacco PLC from 1995 to 2025. Historical Financial Flexibility Index trend for British American Tobacco PLC across 31 annual periods. Check earnings quality score of British American Tobacco PLC to evaluate the quality of earnings relative to operating cash generation.
British American Tobacco PLC Financial Flexibility Index by Year (1995–2025)
British American Tobacco PLC financial flexibility index by year from 1995 to 2025. Year-by-year free cash flow to debt coverage for British American Tobacco PLC. For the full cash flow conversion analysis, see British American Tobacco PLC cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (GBX) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.09x | GBX5.46 Billion | GBX4.91 Billion | GBX61.15 Billion | ▼ -42.6% |
| 2024 | 0.16x | GBX10.73 Billion | GBX10.12 Billion | GBX68.90 Billion | ▼ -8.3% |
| 2023 | 0.17x | GBX11.17 Billion | GBX10.71 Billion | GBX65.78 Billion | ▲ +19.7% |
| 2022 | 0.14x | GBX11.05 Billion | GBX10.39 Billion | GBX77.84 Billion | ▼ -5.1% |
| 2021 | 0.15x | GBX10.46 Billion | GBX9.72 Billion | GBX69.96 Billion | ▲ +6.0% |
| 2020 | 0.14x | GBX10.54 Billion | GBX9.79 Billion | GBX74.73 Billion | ▲ +10.5% |
| 2019 | 0.13x | GBX9.81 Billion | GBX9.00 Billion | GBX76.84 Billion | ▼ -6.8% |
| 2018 | 0.14x | GBX11.05 Billion | GBX10.29 Billion | GBX80.65 Billion | ▲ +78.6% |
| 2017 | 0.08x | GBX6.14 Billion | GBX5.35 Billion | GBX80.01 Billion | ▼ -53.7% |
| 2016 | 0.17x | GBX5.20 Billion | GBX4.61 Billion | GBX31.37 Billion | ▼ -15.7% |
| 2015 | 0.20x | GBX5.20 Billion | GBX4.72 Billion | GBX26.48 Billion | ▼ -5.8% |
| 2014 | 0.21x | GBX4.25 Billion | GBX3.72 Billion | GBX20.35 Billion | ▼ -17.0% |
| 2013 | 0.25x | GBX5.01 Billion | GBX4.44 Billion | GBX19.95 Billion | ▼ -3.6% |
| 2012 | 0.26x | GBX5.09 Billion | GBX4.43 Billion | GBX19.55 Billion | ▲ +6.6% |
| 2011 | 0.24x | GBX4.55 Billion | GBX3.94 Billion | GBX18.64 Billion | ▼ -1.1% |
| 2010 | 0.25x | GBX4.52 Billion | GBX3.94 Billion | GBX18.31 Billion | ▲ +23.9% |
| 2009 | 0.20x | GBX3.73 Billion | GBX3.17 Billion | GBX18.70 Billion | ▲ +6.5% |
| 2008 | 0.19x | GBX3.81 Billion | GBX3.26 Billion | GBX20.34 Billion | ▼ -20.3% |
| 2007 | 0.24x | GBX2.74 Billion | GBX2.26 Billion | GBX11.68 Billion | ▲ +13.2% |
| 2006 | 0.21x | GBX2.30 Billion | GBX1.88 Billion | GBX11.09 Billion | ▲ +6.1% |
| 2005 | 0.20x | GBX2.38 Billion | GBX2.00 Billion | GBX12.17 Billion | ▲ +36.6% |
| 2004 | 0.14x | GBX1.67 Billion | GBX1.34 Billion | GBX11.66 Billion | ▲ +25.1% |
| 2003 | 0.11x | GBX1.64 Billion | GBX1.21 Billion | GBX14.27 Billion | ▼ -14.8% |
| 2002 | 0.13x | GBX1.46 Billion | GBX967.00 Million | GBX10.83 Billion | ▼ -6.7% |
| 2001 | 0.14x | GBX1.75 Billion | GBX1.24 Billion | GBX12.15 Billion | ▲ +22.1% |
| 2000 | 0.12x | GBX1.44 Billion | GBX1.08 Billion | GBX12.22 Billion | ▲ +7.0% |
| 1999 | 0.11x | GBX1.21 Billion | GBX1.01 Billion | GBX10.96 Billion | ▲ +47.5% |
| 1998 | 0.07x | GBX528.00 Million | GBX165.00 Million | GBX7.07 Billion | ▼ -12.2% |
| 1997 | 0.09x | GBX707.00 Million | GBX347.00 Million | GBX8.30 Billion | ▼ -28.0% |
| 1996 | 0.12x | GBX835.00 Million | GBX475.00 Million | GBX7.06 Billion | ▼ -6.3% |
| 1995 | 0.13x | GBX907.00 Million | GBX546.00 Million | GBX7.19 Billion | — |