British American Tobacco p.l.c. (BTI) vs Altria Group, Inc. (MO)
A side-by-side comparison of British American Tobacco p.l.c. and Altria Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.
BTI
British American Tobacco p.l.c.
$56.21Consumer DefensiveDelayed quote: Aug 21, 2026, 4:00 PM EDT
MO
Altria Group, Inc.
$66.09Consumer DefensiveDelayed quote: Aug 21, 2026, 4:00 PM EDT
Total return — BTI vs MO
growth of $100 · dividends reinvested · last 10yBTI +72.3% (+5.6%/yr)MO +101.6% (+7.3%/yr)MO compounded faster over this window
BTI MO
BTI vs MO: by the numbers
- •BTI is the larger company ($121.24B vs $110.35B market cap).
- •BTI trades at the lower trailing earnings multiple (9.59 vs 14.12 P/E), one valuation lens rather than an overall verdict.
- •MO converts more revenue to profit (36.46% vs 20.62% net margin).
- •MO grew revenue faster over the past five years (-0.68% vs -3.08% CAGR).
- •MO pays the higher dividend yield (6.33% vs 5.76%).
Metrics side by side
Valuation
| Metric | BTI | MO |
|---|---|---|
| P/E ratio | 9.59 | 14.12 |
| Forward P/E | 15.57 | 11.77 |
| P/S ratio | 1.80 | 5.12 |
| P/B ratio | 1.91 | N/A |
| EV / EBITDA | 6.77 | 10.77 |
| FCF yield | 15.70% | 7.42% |
Profitability
| Metric | BTI | MO |
|---|---|---|
| Gross margin | 83.50% | 70.99% |
| Operating margin | 39.04% | 55.95% |
| Net margin | 20.62% | 36.46% |
| ROE | 6.94% | -198.37% |
| ROIC | 8.04% | 34.45% |
Dividends
| Metric | BTI | MO |
|---|---|---|
| Dividend yield | 5.76% | 6.33% |
| Payout ratio | 68.53% | 103.16% |
Growth (annualized)
| Metric | BTI | MO |
|---|---|---|
| Revenue CAGR (5Y) | -3.08% | -0.68% |
| EPS CAGR (5Y) | 4.31% | 11.36% |
| FCF CAGR (5Y) | -9.26% | 6.93% |
| Total return CAGR (5Y) | 17.25% | 15.31% |
Frequently asked
- Which has the lower trailing P/E, BTI or MO?
- BTI has the lower trailing P/E: BTI trades at 9.59 and MO at 14.12. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BTI or MO?
- Over the past five years, MO grew revenue faster — BTI at a -3.08% CAGR versus MO at -0.68%.
- Does BTI or MO pay a bigger dividend?
- BTI yields 5.76% and MO yields 6.33% based on trailing dividends and the latest price.
- Is BTI or MO more profitable?
- MO runs the higher net margin — BTI at 20.62% versus MO at 36.46%.
- How have BTI and MO total returns compared?
- Over the past 10 years, BTI delivered 5.54% and MO delivered 7.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
British American Tobacco p.l.c. P/E ratioAltria P/E ratioBritish American Tobacco p.l.c. dividend yieldAltria dividend yieldBritish American Tobacco p.l.c. ROEAltria ROEBritish American Tobacco p.l.c. operating marginAltria operating marginBritish American Tobacco p.l.c. revenue growthAltria revenue growthBritish American Tobacco p.l.c. free cash flowAltria free cash flow
British American Tobacco p.l.c. & Altria appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 21, 2026.