British American Tobacco p.l.c. BTI NYSE

British American Tobacco p.l.c. (BTI) has shown declining revenue growth over the past 3 years, expanding from $27.7B to $25.6B (average -2.5%/yr). Net income reached $7.8B, reflecting earnings decline at -13.7%/yr on average. The net profit margin is 30.3%, which is exceptional. the company was profitable in 3 out of the last 4 years tracked. The gross margin is 83.5% (high), with a +0.9pp trend over the period. With a $125B market cap and MOAT composite score of 86/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (15/100, Fail) — revenue or earnings are not growing
• PAST (75/100, Partial) — profitability has been inconsistent. Looking at the full 31-year history, the company was profitable in 30 of 31 years — an excellent long-term track record
• INCOME (100/100, Pass) — proves strong profitability and pricing power
• MOAT (86/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 58/100 with 2/7 criteria passed.