BTI vs. KO: British American Tobacco vs. Coca-Cola Stock Comparison
How do British American Tobacco (BTI) and Coca-Cola (KO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
British American Tobacco (BTI) and Coca-Cola (KO) both fall under the Food, Beverage & Tobacco industry group, but BTI is classified in Tobacco while KO is classified in Beverages.
Coca-Cola (KO) trades as ordinary local shares, while British American Tobacco (BTI) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BTI | KO |
|---|---|---|
| Name | British American Tobacco p.l.c. ADR | The Coca-Cola Company |
| Country/Region | United Kingdom | United States |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Tobacco | Beverages |
| GICS Sub-Industry | Tobacco | Soft Drinks & Non-alcoholic Beverages |
| Market Capitalization | 123.00 billion USD | 377.38 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 14, 1980 | January 2, 1962 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BTI | KO |
|---|---|---|
| Total Return (1Y) | 5.08% | 29.68% |
| Total Return (3Y, Annualized) | 30.21% | 16.32% |
| Total Return (5Y, Annualized) | 17.36% | 12.18% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BTI | KO |
|---|---|---|
| Volatility (1Y, Annualized) | 25.11% | 18.54% |
| Beta (5Y) | 0.30 | 0.34 |
| Max Drawdown (5Y) | -29.84% | -17.27% |
| Avg. Volume (3M) | 4.21M | 17.62M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BTI | KO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.04 | 1.39 |
| Sortino Ratio (1Y) | 0.07 | 2.35 |
Profitability
ROE (TTM)
Coca-Cola (KO) at 42.05% clears its industry range for ROE, a sharper capital-efficiency signal than British American Tobacco (BTI) at 13.42%, which is closer to a typical peer reading.
BTI
Food, Beverage & Tobacco industry group
13.42%
- Max
- 34.02%
- Q3
- 17.32%
- BTI
- 13.42%
- Median
- 12.17%
- Q1
- 3.66%
- Min
- -16.01%
KO
Food, Beverage & Tobacco industry group
42.05%
- KO
- 42.05%
- Max
- 34.02%
- Q3
- 17.32%
- Median
- 12.17%
- Q1
- 3.66%
- Min
- -16.01%
Net Margin (TTM)
Coca-Cola (KO) at 28.56% keeps the most of each sales dollar — above its industry’s net margin range — and British American Tobacco (BTI) at 24.99% also retains a top-quartile share.
BTI
Food, Beverage & Tobacco industry group
24.99%
- Max
- 25.56%
- BTI
- 24.99%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
KO
Food, Beverage & Tobacco industry group
28.56%
- KO
- 28.56%
- Max
- 25.56%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
Operating Margin (TTM)
Both British American Tobacco (BTI) at 34.91% and Coca-Cola (KO) at 34.87% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
BTI
Food, Beverage & Tobacco industry group
34.91%
- Max
- 35.93%
- BTI
- 34.91%
- Q3
- 17.10%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
KO
Food, Beverage & Tobacco industry group
34.87%
- Max
- 35.93%
- KO
- 34.87%
- Q3
- 17.10%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
Profitability Metrics
| Metric | BTI | KO |
|---|---|---|
| ROE (TTM) | 13.42% | 42.05% |
| ROA (TTM) | 5.12% | 9.40% |
| Net Margin (TTM) | 24.99% | 28.56% |
| Operating Margin (TTM) | 34.91% | 34.87% |
| Gross Margin (TTM) | 82.72% | 61.89% |
Growth
Revenue Growth
Coca-Cola (KO) at 1.87% is around its peer norm for revenue growth, while British American Tobacco (BTI) at -0.99% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both companies show strong earnings momentum, but British American Tobacco (BTI) at 156.69% is the standout with EPS growth above its industry range; Coca-Cola (KO) at 23.58% also sits in the top quartile.
Growth Metrics
| Metric | BTI | KO |
|---|---|---|
| Revenue Growth (YoY) | -0.99% | 1.87% |
| Revenue Growth (3Y CAGR) | -2.53% | 3.69% |
| EPS Growth (YoY) | 156.69% | 23.58% |
| EPS Growth (3Y CAGR) | 6.15% | 11.55% |
Financial Strength
Current Ratio (MRQ)
Coca-Cola (KO) at 1.31 keeps current ratio within its industry’s typical mid-range, while British American Tobacco (BTI) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BTI.
BTI
Food, Beverage & Tobacco industry group
0.84
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- Q1
- 1.00
- BTI
- 0.84
- Min
- 0.43
KO
Food, Beverage & Tobacco industry group
1.31
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- KO
- 1.31
- Q1
- 1.00
- Min
- 0.43
Debt / Equity (MRQ)
British American Tobacco (BTI) at 0.72 carries an industry-typical debt-to-equity mix, while Coca-Cola (KO) at 1.16 uses more debt funding than most peers.
BTI
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.21
- Q3
- 1.13
- BTI
- 0.72
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
KO
Food, Beverage & Tobacco industry group
1.16
- Max
- 2.21
- KO
- 1.16
- Q3
- 1.13
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
Financial Strength Metrics
| Metric | BTI | KO |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.31 |
| Debt / Equity (MRQ) | 0.72 | 1.16 |
| Net Debt / EBITDA | 2.90 | 1.64 |
Dividends
Dividend Yield (TTM)
British American Tobacco (BTI) at 4.27% delivers top-quartile income for its industry, while Coca-Cola (KO) at 2.38% pays a more typical yield — both are credible income propositions, BTI the richer one.
BTI
Food, Beverage & Tobacco industry group
4.27%
- Max
- 9.10%
- BTI
- 4.27%
- Q3
- 3.96%
- Median
- 2.53%
- Q1
- 0.00%
- Min
- 0.00%
KO
Food, Beverage & Tobacco industry group
2.38%
- Max
- 9.10%
- Q3
- 3.96%
- Median
- 2.53%
- KO
- 2.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Coca-Cola (KO) at 62.46% pays out a band-typical share of earnings, while British American Tobacco (BTI) at 84.64% distributes more than its industry norm — less retained, thinner cover.
BTI
Food, Beverage & Tobacco industry group
84.64%
- Max
- 169.01%
- BTI
- 84.64%
- Q3
- 81.71%
- Median
- 46.29%
- Q1
- 0.00%
- Min
- 0.00%
KO
Food, Beverage & Tobacco industry group
62.46%
- Max
- 169.01%
- Q3
- 81.71%
- KO
- 62.46%
- Median
- 46.29%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BTI | KO |
|---|---|---|
| Dividend Yield (TTM) | 4.27% | 2.38% |
| Dividend Payout Ratio (TTM) | 84.64% | 62.46% |
Valuation
P/E Ratio (TTM)
Both British American Tobacco (BTI) at 14.52 and Coca-Cola (KO) at 26.34 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BTI
Food, Beverage & Tobacco industry group
14.52
- Max
- 43.35
- Q3
- 30.96
- Median
- 18.87
- BTI
- 14.52
- Q1
- 13.69
- Min
- 5.48
KO
Food, Beverage & Tobacco industry group
26.34
- Max
- 43.35
- Q3
- 30.96
- KO
- 26.34
- Median
- 18.87
- Q1
- 13.69
- Min
- 5.48
P/S Ratio (TTM)
Both look expensive on sales: British American Tobacco (BTI) at 4.77 sits in the upper P/S ratio quartile, and Coca-Cola (KO) at 7.53 prices even higher, above its industry range.
BTI
Food, Beverage & Tobacco industry group
4.77
- BTI
- 4.77
- Max
- 4.77
- Q3
- 2.32
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
KO
Food, Beverage & Tobacco industry group
7.53
- KO
- 7.53
- Max
- 4.77
- Q3
- 2.32
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both British American Tobacco (BTI) at 9.85 and Coca-Cola (KO) at 10.44 look expensive — each P/B ratio sits above its industry’s benchmark range.
BTI
Food, Beverage & Tobacco industry group
9.85
- BTI
- 9.85
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
KO
Food, Beverage & Tobacco industry group
10.44
- KO
- 10.44
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
Valuation Metrics
| Metric | BTI | KO |
|---|---|---|
| P/E Ratio (TTM) | 14.52 | 26.34 |
| P/S Ratio (TTM) | 4.77 | 7.53 |
| P/B Ratio (MRQ) | 9.85 | 10.44 |
| Free Cash Flow Yield (TTM) | 2.87% | 1.38% |