BTI vs. MDLZ: A Head-to-Head Stock Comparison

Updated on October 13, 2025

Here’s a clear look at BTI and MDLZ, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

BTI trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, MDLZ is a standard domestic listing.

Symbol	BTI	MDLZ
Company Name	British American Tobacco p.l.c.	Mondelez International, Inc.
Country	United Kingdom	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry	Tobacco	Food Products
Market Capitalization	113.28 billion USD	79.78 billion USD
Exchange	NYSE	NasdaqGS
Listing Date	April 14, 1980	June 13, 2001
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of BTI and MDLZ by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BTI vs. MDLZ: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BTI	MDLZ
5-Day Price Return	-1.33%	-0.19%
13-Week Price Return	9.24%	-7.76%
26-Week Price Return	23.53%	-9.19%
52-Week Price Return	42.48%	-13.15%
Month-to-Date Return	-2.36%	-1.30%
Year-to-Date Return	33.82%	3.23%
10-Day Avg. Volume	2.56M	7.09M
3-Month Avg. Volume	2.84M	7.31M
3-Month Volatility	20.18%	22.24%
Beta	0.35	0.41

Profitability

Return on Equity (TTM)

BTI

6.40%

Tobacco Industry

Max: 49.48%
Q3: 49.48%
Median: 13.16%
Q1: 5.02%
Min: 4.04%

BTI’s Return on Equity of 6.40% is on par with the norm for the Tobacco industry, indicating its profitability relative to shareholder equity is typical for the sector.

MDLZ

13.64%

Food Products Industry

Max: 30.51%
Q3: 16.54%
Median: 10.46%
Q1: 6.76%
Min: -2.18%

MDLZ’s Return on Equity of 13.64% is on par with the norm for the Food Products industry, indicating its profitability relative to shareholder equity is typical for the sector.

BTI vs. MDLZ: A comparison of their Return on Equity (TTM) against their respective Tobacco and Food Products industry benchmarks.

Net Profit Margin (TTM)

BTI

12.06%

Tobacco Industry

Max: 21.36%
Q3: 16.88%
Median: 10.39%
Q1: 7.51%
Min: 4.74%

BTI’s Net Profit Margin of 12.06% is aligned with the median group of its peers in the Tobacco industry. This indicates its ability to convert revenue into profit is typical for the sector.

MDLZ

9.81%

Food Products Industry

Max: 18.44%
Q3: 10.21%
Median: 6.29%
Q1: 3.53%
Min: -0.80%

MDLZ’s Net Profit Margin of 9.81% is aligned with the median group of its peers in the Food Products industry. This indicates its ability to convert revenue into profit is typical for the sector.

BTI vs. MDLZ: A comparison of their Net Profit Margin (TTM) against their respective Tobacco and Food Products industry benchmarks.

Operating Profit Margin (TTM)

BTI

13.86%

Tobacco Industry

Max: 18.53%
Q3: 15.03%
Median: 11.76%
Q1: 11.00%
Min: 6.94%

BTI’s Operating Profit Margin of 13.86% is around the midpoint for the Tobacco industry, indicating that its efficiency in managing core business operations is typical for the sector.

MDLZ

12.44%

Food Products Industry

Max: 24.83%
Q3: 14.29%
Median: 9.64%
Q1: 6.11%
Min: 0.08%

MDLZ’s Operating Profit Margin of 12.44% is around the midpoint for the Food Products industry, indicating that its efficiency in managing core business operations is typical for the sector.

BTI vs. MDLZ: A comparison of their Operating Profit Margin (TTM) against their respective Tobacco and Food Products industry benchmarks.

Profitability at a Glance

Symbol	BTI	MDLZ
Return on Equity (TTM)	6.40%	13.64%
Return on Assets (TTM)	2.70%	5.19%
Net Profit Margin (TTM)	12.06%	9.81%
Operating Profit Margin (TTM)	13.86%	12.44%
Gross Profit Margin (TTM)	83.38%	32.55%

Financial Strength

Current Ratio (MRQ)

BTI

0.87

Tobacco Industry

Max: 3.37
Q3: 1.84
Median: 1.26
Q1: 0.79
Min: 0.39

BTI’s Current Ratio of 0.87 aligns with the median group of the Tobacco industry, indicating that its short-term liquidity is in line with its sector peers.

MDLZ

0.64

Food Products Industry

Max: 3.99
Q3: 2.39
Median: 1.62
Q1: 1.23
Min: 0.57

MDLZ’s Current Ratio of 0.64 falls into the lower quartile for the Food Products industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

BTI vs. MDLZ: A comparison of their Current Ratio (MRQ) against their respective Tobacco and Food Products industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BTI

0.75

Tobacco Industry

Max: 2.19
Q3: 2.19
Median: 0.58
Q1: 0.07
Min: 0.01

BTI’s Debt-to-Equity Ratio of 0.75 is typical for the Tobacco industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

MDLZ

0.80

Food Products Industry

Max: 1.92
Q3: 0.92
Median: 0.51
Q1: 0.25
Min: 0.00

MDLZ’s Debt-to-Equity Ratio of 0.80 is typical for the Food Products industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BTI vs. MDLZ: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Tobacco and Food Products industry benchmarks.

Interest Coverage Ratio (TTM)

BTI

-11.45

Tobacco Industry

Max: 306.04
Q3: 126.21
Median: 9.35
Q1: 6.32
Min: -11.45

BTI has a negative Interest Coverage Ratio of -11.45. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

MDLZ

13.32

Food Products Industry

Max: 65.06
Q3: 29.45
Median: 9.43
Q1: 4.70
Min: -1.69

MDLZ’s Interest Coverage Ratio of 13.32 is positioned comfortably within the norm for the Food Products industry, indicating a standard and healthy capacity to cover its interest payments.

BTI vs. MDLZ: A comparison of their Interest Coverage Ratio (TTM) against their respective Tobacco and Food Products industry benchmarks.

Financial Strength at a Glance

Symbol	BTI	MDLZ
Current Ratio (MRQ)	0.87	0.64
Quick Ratio (MRQ)	0.55	0.39
Debt-to-Equity Ratio (MRQ)	0.75	0.80
Interest Coverage Ratio (TTM)	-11.45	13.32

Growth

Revenue Growth

BTI vs. MDLZ: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BTI vs. MDLZ: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BTI

6.21%

Tobacco Industry

Max: 6.77%
Q3: 6.12%
Median: 5.06%
Q1: 3.83%
Min: 0.57%

With a Dividend Yield of 6.21%, BTI offers a more attractive income stream than most of its peers in the Tobacco industry, signaling a strong commitment to shareholder returns.

MDLZ

3.03%

Food Products Industry

Max: 8.09%
Q3: 4.48%
Median: 2.69%
Q1: 1.66%
Min: 0.00%

MDLZ’s Dividend Yield of 3.03% is consistent with its peers in the Food Products industry, providing a dividend return that is standard for its sector.

BTI vs. MDLZ: A comparison of their Dividend Yield (TTM) against their respective Tobacco and Food Products industry benchmarks.

Dividend Payout Ratio (TTM)

BTI

57.82%

Tobacco Industry

Max: 78.29%
Q3: 75.97%
Median: 64.37%
Q1: 50.14%
Min: 49.96%

BTI’s Dividend Payout Ratio of 57.82% is within the typical range for the Tobacco industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MDLZ

66.77%

Food Products Industry

Max: 216.00%
Q3: 112.15%
Median: 72.83%
Q1: 41.56%
Min: 0.00%

MDLZ’s Dividend Payout Ratio of 66.77% is within the typical range for the Food Products industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BTI vs. MDLZ: A comparison of their Dividend Payout Ratio (TTM) against their respective Tobacco and Food Products industry benchmarks.

Dividend at a Glance

Symbol	BTI	MDLZ
Dividend Yield (TTM)	6.21%	3.03%
Dividend Payout Ratio (TTM)	57.82%	66.77%

Valuation

Price-to-Earnings Ratio (TTM)

BTI

27.21

Tobacco Industry

Max: 44.17
Q3: 36.23
Median: 27.79
Q1: 11.97
Min: 9.91

BTI’s P/E Ratio of 27.21 is within the middle range for the Tobacco industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

MDLZ

22.06

Food Products Industry

Max: 41.70
Q3: 24.61
Median: 17.81
Q1: 12.59
Min: 3.07

MDLZ’s P/E Ratio of 22.06 is within the middle range for the Food Products industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

BTI vs. MDLZ: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Tobacco and Food Products industry benchmarks.

Price-to-Sales Ratio (TTM)

BTI

3.28

Tobacco Industry

Max: 7.60
Q3: 5.15
Median: 2.97
Q1: 1.39
Min: 0.80

BTI’s P/S Ratio of 3.28 aligns with the market consensus for the Tobacco industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MDLZ

2.16

Food Products Industry

Max: 3.33
Q3: 1.74
Median: 1.10
Q1: 0.66
Min: 0.11

MDLZ’s P/S Ratio of 2.16 is in the upper echelon for the Food Products industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

BTI vs. MDLZ: A comparison of their Price-to-Sales Ratio (TTM) against their respective Tobacco and Food Products industry benchmarks.

Price-to-Book Ratio (MRQ)

BTI

1.62

Tobacco Industry

Max: 4.76
Q3: 4.76
Median: 3.34
Q1: 1.97
Min: 1.05

BTI’s P/B Ratio of 1.62 is in the lower quartile for the Tobacco industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

MDLZ

3.33

Food Products Industry

Max: 5.01
Q3: 2.98
Median: 1.93
Q1: 1.28
Min: 0.47

MDLZ’s P/B Ratio of 3.33 is in the upper tier for the Food Products industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

BTI vs. MDLZ: A comparison of their Price-to-Book Ratio (MRQ) against their respective Tobacco and Food Products industry benchmarks.

Valuation at a Glance

Symbol	BTI	MDLZ
Price-to-Earnings Ratio (TTM)	27.21	22.06
Price-to-Sales Ratio (TTM)	3.28	2.16
Price-to-Book Ratio (MRQ)	1.62	3.33
Price-to-Free Cash Flow Ratio (TTM)	9.70	28.07