British American Tobacco (BTI) vs. PepsiCo (PEP)
This page compares British American Tobacco (BTI) with PepsiCo (PEP) using historical performance, profitability, financial strength, growth, dividend, 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 |
|---|---|---|
| Company Name | British American Tobacco p.l.c. | 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 | 142.86 billion USD | 205.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | April 14, 1980 | June 1, 1972 |
| Security Type | ADR | Common Stock |
Historical Performance
Historical Performance at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| 5-Day Price Return | 6.30% | -1.84% |
| 13-Week Price Return | 11.85% | -10.17% |
| 26-Week Price Return | 18.30% | 4.52% |
| 52-Week Price Return | 49.82% | 12.94% |
| Month-to-Date Return | 13.95% | -5.95% |
| Year-to-Date Return | 16.90% | 3.86% |
| 10-Day Avg. Volume | 2.58M | 6.11M |
| 3-Month Avg. Volume | 2.71M | 7.24M |
| 3-Month Volatility | 29.00% | 19.66% |
| Beta | 0.48 | 0.39 |
Profitability
Return on Equity (TTM)
PepsiCo (PEP) at 43.89% ranks in the top quartile for Return on Equity (TTM), ahead of British American Tobacco (BTI) at 6.40%, which sits closer to the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
6.40%
- Max
- 43.89%
- Q3
- 22.49%
- Median
- 11.74%
- Q1
- 4.10%
- Min
- -21.55%
PEP
Food, Beverage & Tobacco industry group
43.89%
- Max
- 43.89%
- Q3
- 22.49%
- Median
- 11.74%
- Q1
- 4.10%
- Min
- -21.55%
Net Profit Margin (TTM)
British American Tobacco (BTI) posts Net Profit Margin (TTM) of 30.32%, above its industry benchmark range, while PepsiCo (PEP) at 9.15% sits closer to the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
30.32%
- Max
- 27.80%
- Q3
- 12.39%
- Median
- 5.93%
- Q1
- 1.61%
- Min
- -14.07%
PEP
Food, Beverage & Tobacco industry group
9.15%
- Max
- 27.80%
- Q3
- 12.39%
- Median
- 5.93%
- Q1
- 1.61%
- Min
- -14.07%
Operating Profit Margin (TTM)
British American Tobacco (BTI) posts Operating Profit Margin (TTM) of 39.04%, above its industry benchmark range, while PepsiCo (PEP) at 12.41% sits closer to the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
39.04%
- Max
- 30.01%
- Q3
- 15.34%
- Median
- 8.52%
- Q1
- 3.58%
- Min
- -9.05%
PEP
Food, Beverage & Tobacco industry group
12.41%
- Max
- 30.01%
- Q3
- 15.34%
- Median
- 8.52%
- Q1
- 3.58%
- Min
- -9.05%
Profitability at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Return on Equity (TTM) | 6.40% | 43.89% |
| Return on Assets (TTM) | 2.70% | 8.12% |
| Net Profit Margin (TTM) | 30.32% | 9.15% |
| Operating Profit Margin (TTM) | 39.04% | 12.41% |
| Gross Profit Margin (TTM) | 83.50% | 54.38% |
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
- 4.41
- Q3
- 2.60
- Median
- 1.55
- Q1
- 1.01
- Min
- 0.45
PEP
Food, Beverage & Tobacco industry group
0.90
- Max
- 4.41
- Q3
- 2.60
- Median
- 1.55
- Q1
- 1.01
- Min
- 0.45
Debt-to-Equity Ratio (MRQ)
British American Tobacco (BTI) at 0.75 carries Debt-to-Equity Ratio (MRQ) around its industry mid-range, while PepsiCo (PEP) at 2.47 sits in the higher-leverage quartile.
BTI
Food, Beverage & Tobacco industry group
0.75
- Max
- 2.65
- Q3
- 1.32
- Median
- 0.77
- Q1
- 0.33
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
2.47
- Max
- 2.65
- Q3
- 1.32
- Median
- 0.77
- Q1
- 0.33
- Min
- 0.00
Interest Coverage Ratio (TTM)
British American Tobacco (BTI) reports a problematic Interest Coverage Ratio (TTM) of -11.45; operating income or EBIT does not fully cover interest expense, so the ratio points to interest-payment strain. Meanwhile PepsiCo (PEP) reports 10.17, ranking against industry peers normally.
BTI
Food, Beverage & Tobacco industry group
-11.45
- Max
- 33.34
- Q3
- 18.06
- Median
- 6.63
- Q1
- 2.93
- Min
- -11.45
PEP
Food, Beverage & Tobacco industry group
10.17
- Max
- 33.34
- Q3
- 18.06
- Median
- 6.63
- Q1
- 2.93
- Min
- -11.45
Financial Strength at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | 0.90 |
| Quick Ratio (MRQ) | 0.55 | 0.67 |
| Debt-to-Equity Ratio (MRQ) | 0.75 | 2.47 |
| Interest Coverage Ratio (TTM) | -11.45 | 10.17 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 0.10% | 8.50% |
| Revenue Growth (TTM vs Prior YoY) | -0.99% | 4.29% |
| 3-Year Revenue CAGR | -2.53% | 2.83% |
| 5-Year Revenue CAGR | -0.13% | 5.94% |
EPS Growth
EPS Growth at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | -- | 27.35% |
| EPS Growth (TTM vs Prior YoY) | 92.53% | -6.44% |
| 3-Year EPS CAGR | 6.29% | -2.24% |
| 5-Year EPS CAGR | 4.83% | 3.25% |
Dividend
Dividend Yield (TTM)
British American Tobacco (BTI) at 4.92% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of PepsiCo (PEP) at 3.77%, which sits around the industry mid-range.
BTI
Food, Beverage & Tobacco industry group
4.92%
- Max
- 10.06%
- Q3
- 4.46%
- Median
- 3.02%
- Q1
- 0.50%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
3.77%
- Max
- 10.06%
- Q3
- 4.46%
- Median
- 3.02%
- Q1
- 0.50%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both British American Tobacco (BTI) at 67.47% and PepsiCo (PEP) at 88.42% maintain Dividend Payout Ratio (TTM) around their industries’ median — balanced dividend policy on both sides, returning cash while leaving part of reported earnings available for reinvestment or balance-sheet flexibility.
BTI
Food, Beverage & Tobacco industry group
67.47%
- Max
- 195.44%
- Q3
- 88.50%
- Median
- 60.35%
- Q1
- 14.76%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
88.42%
- Max
- 195.44%
- Q3
- 88.50%
- Median
- 60.35%
- Q1
- 14.76%
- Min
- 0.00%
Dividend at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Dividend Yield (TTM) | 4.92% | 3.77% |
| Dividend Payout Ratio (TTM) | 67.47% | 88.42% |
Valuation
Price-to-Earnings Ratio (TTM)
Both British American Tobacco (BTI) at 13.72 and PepsiCo (PEP) at 23.46 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
13.72
- Max
- 50.71
- Q3
- 27.71
- Median
- 18.31
- Q1
- 12.18
- Min
- 1.60
PEP
Food, Beverage & Tobacco industry group
23.46
- Max
- 50.71
- Q3
- 27.71
- Median
- 18.31
- Q1
- 12.18
- Min
- 1.60
Price-to-Sales Ratio (TTM)
PepsiCo (PEP) at 2.15 carries typical industry Price-to-Sales Ratio (TTM), while British American Tobacco (BTI) at 4.16 sits in the higher-multiple quartile — BTI carries a higher trailing revenue multiple relative to peers.
BTI
Food, Beverage & Tobacco industry group
4.16
- Max
- 5.26
- Q3
- 2.57
- Median
- 1.10
- Q1
- 0.63
- Min
- 0.14
PEP
Food, Beverage & Tobacco industry group
2.15
- Max
- 5.26
- Q3
- 2.57
- Median
- 1.10
- Q1
- 0.63
- Min
- 0.14
Price-to-Book Ratio (MRQ)
British American Tobacco (BTI) at 1.62 hovers around the typical industry Price-to-Book Ratio (MRQ), while PepsiCo (PEP) at 9.65 sits above its industry benchmark range — an elevated book-value multiple for PEP relative to peers.
BTI
Food, Beverage & Tobacco industry group
1.62
- Max
- 6.13
- Q3
- 3.53
- Median
- 2.25
- Q1
- 1.25
- Min
- 0.63
PEP
Food, Beverage & Tobacco industry group
9.65
- Max
- 6.13
- Q3
- 3.53
- Median
- 2.25
- Q1
- 1.25
- Min
- 0.63
Valuation at a Glance
| Symbol | BTI | PEP |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 13.72 | 23.46 |
| Price-to-Sales Ratio (TTM) | 4.16 | 2.15 |
| Price-to-Book Ratio (MRQ) | 1.62 | 9.65 |
| Price-to-Free Cash Flow Ratio (TTM) | 19.62 | 22.15 |