British American Tobacco P.l.c. vs Universal
British American Tobacco P.l.c. is the larger business, with $33.78bn of revenue in fiscal 2025 against $2.89bn for Universal (11.7 times as much). British American Tobacco P.l.c. grew faster (2.2% against -1.3%). British American Tobacco P.l.c. kept more of each dollar of sales as profit: a net margin of 30.3% against 1.1%. Universal carries less debt relative to equity (63.9% against 76.2%).
| Latest fiscal year | British American Tobacco P.l.c.BTI, 2025 | UniversalUVV, 2026 |
|---|---|---|
| Revenue | $33.78bn | $2.89bn |
| Revenue growth | 2.2% | -1.3% |
| Net income | $10.24bn | $32.6m |
| Operating margin | 39.0% | 5.8% |
| Net margin | 30.3% | 1.1% |
| Return on equity | 16.8% | 2.3% |
| Free cash flow | $7.64bn | $80.3m |
| Cash | $5.15bn | $62.2m |
| Total debt | $47.16bn | $904m |
| Debt to equity | 76.2% | 63.9% |
| Dividend per share | — | $3.28 |
| Dividend yield | — | 8.1% |
| Share buybacks | $1.47bn | $0 |
| Employees | — | — |
| Market value | $134.12bn | $985m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | — | 51 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 4 sales |