British American Tobacco (BTI) vs. PepsiCo (PEP)
This page compares British American Tobacco (BTI) with PepsiCo (PEP) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
British American Tobacco (BTI) and PepsiCo (PEP) both fall under the Food, Beverage & Tobacco industry group, but BTI is classified in Tobacco while PEP is classified in Beverages.
PepsiCo (PEP) trades as a standard ordinary-equity line, while British American Tobacco (BTI) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | BTI | PEP |
|---|---|---|
| Name | British American Tobacco p.l.c. ADR | PepsiCo, Inc. |
| 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 | 129.55 billion USD | 195.17 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | April 14, 1980 | June 1, 1972 |
| Security Type | ADR | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both British American Tobacco (BTI) at 12.86 and PepsiCo (PEP) at 22.41 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.
BTI
Food, Beverage & Tobacco industry group
12.86
- Max
- 53.78
- Q3
- 28.42
- Median
- 18.58
- Q1
- 11.41
- Min
- 5.41
PEP
Food, Beverage & Tobacco industry group
22.41
- Max
- 53.78
- Q3
- 28.42
- Median
- 18.58
- Q1
- 11.41
- Min
- 5.41
Price-to-Sales Ratio (TTM)
PepsiCo (PEP) at 2.04 prices around its industry’s typical Price-to-Sales Ratio (TTM), while British American Tobacco (BTI) at 5.06 clears its benchmark range — BTI looks notably rich on sales.
BTI
Food, Beverage & Tobacco industry group
5.06
- Max
- 3.95
- Q3
- 2.26
- Median
- 0.98
- Q1
- 0.55
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
2.04
- Max
- 3.95
- Q3
- 2.26
- Median
- 0.98
- Q1
- 0.55
- Min
- 0.00
Price-to-Book Ratio (MRQ)
Measured against book value, both British American Tobacco (BTI) at 10.61 and PepsiCo (PEP) at 9.13 look expensive — each Price-to-Book Ratio (MRQ) sits above its industry’s benchmark range.
BTI
Food, Beverage & Tobacco industry group
10.61
- Max
- 5.84
- Q3
- 3.17
- Median
- 1.68
- Q1
- 0.91
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
9.13
- Max
- 5.84
- Q3
- 3.17
- Median
- 1.68
- Q1
- 0.91
- Min
- 0.00
Valuation at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 12.86 | 22.41 |
| Price-to-Sales Ratio (TTM) | 5.06 | 2.04 |
| Price-to-Book Ratio (MRQ) | 10.61 | 9.13 |
| Free Cash Flow Yield | 2.31% | 4.48% |
Profitability
Return on Equity (TTM)
PepsiCo (PEP) posts Return on Equity (TTM) of 43.88%, above its industry benchmark range, while British American Tobacco (BTI) at 15.82% sits closer to the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
15.82%
- Max
- 37.95%
- Q3
- 18.99%
- Median
- 13.57%
- Q1
- 3.88%
- Min
- -18.08%
PEP
Food, Beverage & Tobacco industry group
43.88%
- Max
- 37.95%
- Q3
- 18.99%
- Median
- 13.57%
- Q1
- 3.88%
- Min
- -18.08%
Net Profit Margin (TTM)
British American Tobacco (BTI) at 30.32% converts revenue to bottom-line profit above its industry’s benchmark range, while PepsiCo (PEP) at 9.15% keeps roughly the typical share for its industry.
BTI
Food, Beverage & Tobacco industry group
30.32%
- Max
- 27.80%
- Q3
- 12.29%
- Median
- 5.89%
- Q1
- 1.28%
- Min
- -14.07%
PEP
Food, Beverage & Tobacco industry group
9.15%
- Max
- 27.80%
- Q3
- 12.29%
- Median
- 5.89%
- Q1
- 1.28%
- Min
- -14.07%
Operating Profit Margin (TTM)
British American Tobacco (BTI) at 34.58% operates in the top Operating Profit Margin (TTM) quartile, ahead of PepsiCo (PEP) at 16.96%, which runs around its industry’s norm.
BTI
Food, Beverage & Tobacco industry group
34.58%
- Max
- 36.04%
- Q3
- 17.39%
- Median
- 10.72%
- Q1
- 3.65%
- Min
- -7.33%
PEP
Food, Beverage & Tobacco industry group
16.96%
- Max
- 36.04%
- Q3
- 17.39%
- Median
- 10.72%
- Q1
- 3.65%
- Min
- -7.33%
Profitability at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Return on Equity (TTM) | 15.82% | 43.88% |
| Return on Assets (TTM) | 5.34% | 9.09% |
| Net Profit Margin (TTM) | 30.32% | 9.15% |
| Operating Profit Margin (TTM) | 34.58% | 16.96% |
| Gross Profit Margin (TTM) | 82.65% | 54.38% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| 1-Year Revenue Growth | -0.99% | 2.25% |
| 3-Year Revenue CAGR | -2.53% | 2.83% |
EPS Growth
EPS Growth at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| 1-Year EPS Growth | 156.69% | -13.67% |
| 3-Year EPS CAGR | 6.15% | -2.23% |
Financial Strength
Current Ratio (MRQ)
Both British American Tobacco (BTI) at 0.87 and PepsiCo (PEP) at 0.90 run Current Ratio (MRQ) in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BTI
Food, Beverage & Tobacco industry group
0.87
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- Min
- 0.54
PEP
Food, Beverage & Tobacco industry group
0.90
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- Min
- 0.54
Debt-to-Equity Ratio (MRQ)
British American Tobacco (BTI) at 0.73 is around its industry mid-range for Debt-to-Equity Ratio (MRQ), while PepsiCo (PEP) at 2.45 sits above its industry benchmark range, pointing to a heavier debt load relative to equity.
BTI
Food, Beverage & Tobacco industry group
0.73
- Max
- 2.20
- Q3
- 1.12
- Median
- 0.70
- Q1
- 0.35
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
2.45
- Max
- 2.20
- Q3
- 1.12
- Median
- 0.70
- Q1
- 0.35
- Min
- 0.00
Financial Strength at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | 0.90 |
| Debt-to-Equity Ratio (MRQ) | 0.73 | 2.45 |
| Net Debt / EBITDA | 2.66 | 2.24 |
Dividends
Dividend Yield (TTM)
British American Tobacco (BTI) at 5.57% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of PepsiCo (PEP) at 4.15%, which sits around the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
5.57%
- Max
- 11.33%
- Q3
- 4.70%
- Median
- 3.21%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
4.15%
- Max
- 11.33%
- Q3
- 4.70%
- Median
- 3.21%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
British American Tobacco (BTI) at 68.73% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. PepsiCo (PEP) at 89.32% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
BTI
Food, Beverage & Tobacco industry group
68.73%
- Max
- 159.06%
- Q3
- 86.47%
- Median
- 45.18%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
89.32%
- Max
- 159.06%
- Q3
- 86.47%
- Median
- 45.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Dividend Yield (TTM) | 5.57% | 4.15% |
| Dividend Payout Ratio (TTM) | 68.73% | 89.32% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| 1-Year Return | 32.33% | 12.47% |
| 1-Year Volatility | 22.91% | 21.82% |
| Beta | 0.32 | 0.35 |
| 3-Month Avg. Volume | 4.26M | 6.63M |