British American Tobacco Future Growth

Future criteria checks 3/6

British American Tobacco is forecast to grow earnings and revenue by 51.1% and 1.7% per annum respectively. EPS is expected to grow by 47.8% per annum. Return on equity is forecast to be 16.4% in 3 years.

Key information

51.1%

Earnings growth rate

47.8%

EPS growth rate

Tobacco earnings growth	19.4%
Revenue growth rate	1.7%
Future return on equity	16.4%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

British American Tobacco: The Dividend Yield Is Very Tempting At These Price Levels

Apr 12

British American Tobacco: Yielding 9.63% Looks Like An Opportunity Rather Than A Value Trap

Apr 03

British American Tobacco: Undervalued With Bearish Assumptions, 10% Dividend

Mar 21

British American Tobacco: It's Still A Value Trap, But I'm Lifting My 'Sell' View

Mar 03

The Long Thesis On British American Tobacco Amid The Current Tobacco Industry Backdrop

Aug 27

Buy Like Buffett: British American's 9.3% Yield Is The Highest In 23 Years

Aug 18

8.6%-Yielding British American Tobacco: As Good As It Gets

Aug 08

British American Tobacco: Free Cash Flow In Focus Ahead Of H1 Earnings, Compelling Valuation

Jul 14

Is British American Tobacco A Dividend Stock To Buy, Sell, Or Hold?

Jul 07

British American Tobacco Vs. Philip Morris: One Seems More Undervalued

Jun 14

British American Tobacco: Buy The Blood Bath - 8.79% Income Yield

Jun 04

British American Tobacco: Unwarranted Fear

May 23

Organigram CEO Beena Goldenberg - Expanding Beyond Canada (Transcript)

Feb 22

British American Tobacco: Best Time In 20 Years To Buy This 7.4%-Yielding Aristocrat

Feb 16

British American Tobacco Non-GAAP EPS of 371.40p, revenue of £27.66B; initiates FY23 guidance

Feb 09

British American Tobacco Keeps Delivering Profits But Risks Cannot Be Ignored

Jan 19

British American Tobacco: Huge Opportunities In New Products

Jan 10

British American Tobacco: Cheap Enough To Take On A Recession

Jan 02

British American Tobacco goes ex-dividend tomorrow

Dec 21

British American Tobacco expects FY2022 sales growth in the range of 2% to 4%

Dec 08

British American Tobacco: 7.25% Dividend Stock With Solid Cash Flow

Oct 27

Altria And British American Tobacco: Take The Dividends, Stay Out Of The Fed's Way

Sep 27

British American Tobacco: Offering 7% Yield Thanks To The Recent Pullback

Sep 21

British American Tobacco: Headwinds Gathering Since H1, But Cheap With 6%+ Dividend Yield

Sep 12

Altria And British American Tobacco: Buffett 10x EBT Rule Reveals 14% Equity Bond Like Yield

Aug 19

British American Tobacco Should Opportunistically Suspend Its Dividend

Aug 12

British American Tobacco: Our Top July Pick

Jul 20

Altria, British American Tobacco, And Ray Dalio Positions

Jul 11

Earnings and Revenue Growth Forecasts

NYSE:BTI - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	28,746	8,154	8,311	9,885	13
12/31/2025	27,893	7,793	8,477	9,662	16
12/31/2024	27,000	7,332	8,177	8,648	16
12/31/2023	27,283	-14,412	10,140	10,714	N/A
9/30/2023	27,755	-2,847	10,028	10,631	N/A
6/30/2023	28,227	8,718	9,915	10,548	N/A
3/31/2023	27,941	7,668	9,828	10,471	N/A
12/31/2022	27,655	6,617	9,741	10,394	N/A
9/30/2022	27,017	5,996	9,852	10,539	N/A
6/30/2022	26,378	5,375	9,963	10,684	N/A
3/31/2022	26,031	6,082	9,468	10,201	N/A
12/31/2021	25,684	6,789	8,972	9,717	N/A
9/30/2021	25,682	6,491	8,383	9,137	N/A
6/30/2021	25,680	6,193	7,794	8,556	N/A
3/31/2021	25,728	6,297	8,413	9,171	N/A
12/31/2020	25,776	6,400	9,031	9,786	N/A
9/30/2020	25,877	6,374	9,237	9,989	N/A
6/30/2020	25,978	6,347	9,443	10,192	N/A
3/31/2020	25,928	6,026	8,812	9,594	N/A
12/31/2019	25,877	5,704	8,181	8,996	N/A
9/30/2019	25,452	5,930	7,985	8,861	N/A
6/30/2019	25,026	6,156	7,788	8,725	N/A
3/31/2019	24,759	6,094	8,570	9,510	N/A
12/31/2018	24,492	6,032	9,352	10,295	N/A
9/30/2018	24,137	21,973	7,965	8,897	N/A
6/30/2018	23,782	37,914	6,578	7,499	N/A
3/31/2018	21,673	37,700	5,474	6,423	N/A
12/31/2017	19,564	37,485	4,369	5,347	N/A
9/30/2017	17,222	20,862	N/A	5,305	N/A
6/30/2017	15,500	4,238	N/A	5,262	N/A
3/31/2017	15,126	4,443	N/A	4,936	N/A
12/31/2016	14,130	4,648	N/A	4,610	N/A
9/30/2016	13,185	4,482	N/A	4,515	N/A
6/30/2016	13,375	4,316	N/A	4,419	N/A
3/31/2016	13,240	4,303	N/A	4,570	N/A
12/31/2015	12,536	4,290	N/A	4,720	N/A
9/30/2015	13,338	4,152	N/A	4,311	N/A
6/30/2015	13,571	4,013	N/A	3,901	N/A
3/31/2015	13,771	3,564	N/A	3,809	N/A
12/31/2014	13,971	3,115	N/A	3,716	N/A
9/30/2014	14,229	3,363	N/A	4,002	N/A
6/30/2014	14,486	3,611	N/A	4,287	N/A
3/31/2014	14,873	3,758	N/A	4,362	N/A
12/31/2013	15,260	3,904	N/A	4,436	N/A
9/30/2013	15,285	3,917	N/A	4,500	N/A
6/30/2013	15,310	3,929	N/A	4,564	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BTI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: BTI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BTI is expected to become profitable in the next 3 years.

Revenue vs Market: BTI's revenue (1.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: BTI's revenue (1.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BTI's Return on Equity is forecast to be low in 3 years time (16.4%).

British American Tobacco Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

British American Tobacco p.l.c. Provides Revenue Guidance for the Full Year 2024

British American Tobacco p.l.c. Reiterates Earnings Guidance for the Fiscal Year 2023

British American Tobacco p.l.c. Reaffirms Earnings Guidance for the Year 2023

British American Tobacco p.l.c. Provides Revenue Guidance for Fiscal Year 2022

Recent updates

British American Tobacco: The Dividend Yield Is Very Tempting At These Price Levels

British American Tobacco: Yielding 9.63% Looks Like An Opportunity Rather Than A Value Trap

British American Tobacco: Undervalued With Bearish Assumptions, 10% Dividend

British American Tobacco p.l.c. (LSE:BATS) announces an Equity Buyback for £1,600 million worth of its shares.

BAT Reportedly to Launch ITC Selldown as Soon as This Week

British American Tobacco P.L.C. Declares Quarterly Interim Dividends for the Year Ended 31 December 2023, Payable on August 2024, November 2024 and February 2025

British American Tobacco: It's Still A Value Trap, But I'm Lifting My 'Sell' View

Glancy Prongay & Murray LLP Announces Securities Fraud Class Action Lawsuit Against British American Tobacco P.L.C

British American Tobacco: The Worst May Have Already Been Priced In

British American Tobacco Reportedly Looks to Raise $2.5 Billion by Trimming Stake in ITC

British American Tobacco: Demystifying The Stability Of 9% Dividend

British American Tobacco p.l.c. to Report Fiscal Year 2023 Final Results on Mar 14, 2024

British American Tobacco p.l.c. Provides Revenue Guidance for the Full Year 2024

British American Tobacco p.l.c. Announces Board Changes

British American Tobacco p.l.c. Reaches Global Settlement with Philip Morris International Inc

Adinkra group acquired Several cigarette brands from British American Tobacco p.l.c. (LSE:BATS).

Complete Devastation, Massive Income With British American Tobacco

Rosen Law Firm Files a Class Action Lawsuit Against British American Tobacco p.l.c

Why I'm Avoiding 10%-Yielding British American Tobacco Stock

British American Tobacco: No Growth, No Problem - 33% Upside

British American Tobacco p.l.c. Declares Quarterly Interim Dividend, Payable on 1 February 2024

British American Tobacco: What To Make Of The £25 Billion Bombshell

British American Tobacco p.l.c. Reiterates Earnings Guidance for the Fiscal Year 2023

British American Tobacco P.L.C. Announces Directorate Change

British American Tobacco Vs. Altria: Which Is The Better Dividend Choice?

British American Tobacco: A Great Play In The Tobacco Space

British American Tobacco P.L.C. Announces Executive Changes

British American Tobacco p.l.c. Appoints Cora Koppe-Stahrenberg as Chief People Officer with Effect from 1 November 2023

British American Tobacco P.L.C. Announces Appointment of Murray S. Kessler to the Board as Independent Non-Executive Director and Member of the Nominations and Remuneration Committees, Effective on 6 November 2023

British American Tobacco: Priced For Decline But I Think It Will Grow

British American Tobacco: Get An 8.4% Yield Plus An Upside Catalyst

British American Tobacco p.l.c. Declares Quarterly Interim Dividend, Payable on 3 November 2023

A consortium led by BAT Russia management acquired Russian and Belarusian businesses of British American Tobacco

A consortium led by BAT Russia management entered into an agreement to acquire Russian and Belarusian businesses of British American Tobacco.