British American Tobacco p.l.c. BTI NYSE

British American Tobacco p.l.c. (BTI) reported declining year-over-year revenue growth of -6.3% through 2025-12 (TTM revenue vs prior-year TTM). Net income showed exceptional earnings expansion of +240.7% YoY, reaching $3.3B in the latest quarter. The net profit margin is 24%, which is high. the company was profitable in 3 out of the last 4 quarters. The gross margin is 83.2% (high), up 0.8pp vs the prior year. With a $125B market cap, MOAT composite score of 90/100 (strong competitive position).

Criteria proven by this page:

• GROWTH (15/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (75/100, Partial) — profitability has been inconsistent. Looking at the full 31-year annual 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 (90/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

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