British American Tobacco PLC Free Cash Flow Generation Index
British American Tobacco PLC free cash flow generation index. British American Tobacco PLC (BATS) has a Free Cash Flow Generation Index of 0.95x as of June 2026. Free cash flow of GBX2.45 Billion represents 1% of operating cash flow (GBX2.58 Billion).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of British American Tobacco PLC (1995–2025)
Free cash flow generation index of British American Tobacco PLC from 1995 to 2025. Historical FCF Generation Index trend for British American Tobacco PLC across 31 annual periods. See BATS financial flexibility score to measure the company's free cash flow as a share of total liabilities.
British American Tobacco PLC Free Cash Flow Generation Index by Year (1995–2025)
British American Tobacco PLC free cash flow generation index by year from 1995 to 2025. Year-by-year Free Cash Flow Generation Index for British American Tobacco PLC. For the full cash flow conversion analysis, see cash efficiency ratio of British American Tobacco PLC.
| Year | FCG Index | Free Cash Flow (GBX) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | GBX4.36 Billion | GBX4.91 Billion | GBX551.00 Million | ▼ -5.5% |
| 2024 | 0.94x | GBX9.52 Billion | GBX10.12 Billion | GBX608.00 Million | ▼ -1.8% |
| 2023 | 0.96x | GBX10.25 Billion | GBX10.71 Billion | GBX460.00 Million | ▲ +2.2% |
| 2022 | 0.94x | GBX9.74 Billion | GBX10.39 Billion | GBX656.00 Million | ▲ +1.5% |
| 2021 | 0.92x | GBX8.97 Billion | GBX9.72 Billion | GBX745.00 Million | ▲ +0.1% |
| 2020 | 0.92x | GBX9.03 Billion | GBX9.79 Billion | GBX755.00 Million | ▲ +1.5% |
| 2019 | 0.91x | GBX8.18 Billion | GBX9.00 Billion | GBX815.00 Million | ▼ -1.8% |
| 2018 | 0.93x | GBX9.54 Billion | GBX10.29 Billion | GBX758.00 Million | ▲ +8.7% |
| 2017 | 0.85x | GBX4.56 Billion | GBX5.35 Billion | GBX791.00 Million | ▼ -2.4% |
| 2016 | 0.87x | GBX4.02 Billion | GBX4.61 Billion | GBX586.00 Million | ▼ -2.8% |
| 2015 | 0.90x | GBX4.24 Billion | GBX4.72 Billion | GBX483.00 Million | ▲ +4.7% |
| 2014 | 0.86x | GBX3.19 Billion | GBX3.72 Billion | GBX529.00 Million | ▼ -1.5% |
| 2013 | 0.87x | GBX3.86 Billion | GBX4.44 Billion | GBX574.00 Million | ▲ +2.4% |
| 2012 | 0.85x | GBX3.76 Billion | GBX4.43 Billion | GBX664.00 Million | ▲ +0.8% |
| 2011 | 0.84x | GBX3.32 Billion | GBX3.94 Billion | GBX617.00 Million | ▼ -1.0% |
| 2010 | 0.85x | GBX3.35 Billion | GBX3.94 Billion | GBX584.00 Million | ▲ +3.2% |
| 2009 | 0.83x | GBX2.62 Billion | GBX3.17 Billion | GBX554.00 Million | ▼ -5.7% |
| 2008 | 0.88x | GBX2.86 Billion | GBX3.26 Billion | GBX544.00 Million | ▲ +11.2% |
| 2007 | 0.79x | GBX1.78 Billion | GBX2.26 Billion | GBX482.00 Million | ▲ +1.7% |
| 2006 | 0.77x | GBX1.45 Billion | GBX1.88 Billion | GBX425.00 Million | ▼ -4.5% |
| 2005 | 0.81x | GBX1.62 Billion | GBX2.00 Billion | GBX381.00 Million | ▲ +7.8% |
| 2004 | 0.75x | GBX1.00 Billion | GBX1.34 Billion | GBX333.00 Million | ▲ +16.4% |
| 2003 | 0.65x | GBX779.00 Million | GBX1.21 Billion | GBX428.00 Million | ▲ +30.8% |
| 2002 | 0.49x | GBX477.00 Million | GBX967.00 Million | GBX490.00 Million | ▼ -15.4% |
| 2001 | 0.58x | GBX720.00 Million | GBX1.24 Billion | GBX515.00 Million | ▼ -12.3% |
| 2000 | 0.66x | GBX718.00 Million | GBX1.08 Billion | GBX362.00 Million | ▼ -17.9% |
| 1999 | 0.81x | GBX822.00 Million | GBX1.01 Billion | GBX193.00 Million | ▲ +167.5% |
| 1998 | -1.20x | GBX-198.00 Million | GBX165.00 Million | GBX363.00 Million | ▼ -3103.1% |
| 1997 | -0.04x | GBX-13.00 Million | GBX347.00 Million | GBX360.00 Million | ▼ -115.5% |
| 1996 | 0.24x | GBX115.00 Million | GBX475.00 Million | GBX360.00 Million | ▼ -28.5% |
| 1995 | 0.34x | GBX185.00 Million | GBX546.00 Million | GBX361.00 Million | — |