BTI vs. STZ: British American Tobacco vs. Constellation Brands Stock Comparison
How do British American Tobacco (BTI) and Constellation Brands (STZ) 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 Constellation Brands (STZ) both fall under the Food, Beverage & Tobacco industry group, but BTI is classified in Tobacco while STZ is classified in Beverages.
Constellation Brands (STZ) 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 | STZ |
|---|---|---|
| Name | British American Tobacco plc ADR | Constellation Brands Inc. Class A |
| 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 | Distillers & Vintners |
| Market Capitalization | 130.83 billion USD | 24.02 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 14, 1980 | March 17, 1992 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BTI | STZ |
|---|---|---|
| Total Return (1Y) | 16.59% | 17.39% |
| Total Return (3Y, Annualized) | 34.31% | -13.22% |
| Total Return (5Y, Annualized) | 20.24% | -6.25% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BTI | STZ |
|---|---|---|
| Volatility (1Y, Annualized) | 26.28% | 32.11% |
| Beta (5Y) | 0.29 | 0.37 |
| Max Drawdown (5Y) | -29.84% | -56.05% |
| Avg. Volume (3M) | 5.01M | 2.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BTI | STZ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | 0.41 |
| Sortino Ratio (1Y) | 0.71 | 0.61 |
Profitability
ROE (TTM)
Constellation Brands (STZ) at 24.02% sits in the top ROE quartile, while British American Tobacco (BTI) at 13.42% is closer to the peer norm — stronger capital efficiency for STZ.
BTI
Food, Beverage & Tobacco industry group
13.42%
- Max
- 32.02%
- Q3
- 16.61%
- BTI
- 13.42%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
STZ
Food, Beverage & Tobacco industry group
24.02%
- Max
- 32.02%
- STZ
- 24.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
British American Tobacco (BTI) at 24.99% keeps the most of each sales dollar — above its industry’s net margin range — and Constellation Brands (STZ) at 20.90% also retains a top-quartile share.
BTI
Food, Beverage & Tobacco industry group
24.99%
- BTI
- 24.99%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
STZ
Food, Beverage & Tobacco industry group
20.90%
- Max
- 24.83%
- STZ
- 20.90%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both British American Tobacco (BTI) at 34.91% and Constellation Brands (STZ) at 33.58% 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%
- BTI
- 34.91%
- Max
- 34.91%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
STZ
Food, Beverage & Tobacco industry group
33.58%
- Max
- 34.91%
- STZ
- 33.58%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BTI | STZ |
|---|---|---|
| ROE (TTM) | 13.42% | 24.02% |
| ROA (TTM) | 5.12% | 8.68% |
| Net Margin (TTM) | 24.99% | 20.90% |
| Operating Margin (TTM) | 34.91% | 33.58% |
| Gross Margin (TTM) | 82.72% | 52.77% |
Growth
Revenue Growth
British American Tobacco (BTI) at -0.99% is around its peer norm for revenue growth, while Constellation Brands (STZ) at -10.48% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Only one side can be read here: British American Tobacco (BTI) reports EPS growth of 156.69%, ranked against its industry; Constellation Brands (STZ) has no EPS growth figure this period.
Growth Metrics
| Metric | BTI | STZ |
|---|---|---|
| Revenue Growth (YoY) | -0.99% | -10.48% |
| Revenue Growth (3Y CAGR) | -2.53% | -1.12% |
| EPS Growth (YoY) | 156.69% | -- |
| EPS Growth (3Y CAGR) | 6.15% | -- |
Financial Strength
Current Ratio (MRQ)
Both British American Tobacco (BTI) at 0.84 and Constellation Brands (STZ) at 1.00 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BTI
Food, Beverage & Tobacco industry group
0.84
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- BTI
- 0.84
- Min
- 0.33
STZ
Food, Beverage & Tobacco industry group
1.00
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- STZ
- 1.00
- Min
- 0.33
Debt / Equity (MRQ)
British American Tobacco (BTI) at 0.72 carries an industry-typical debt-to-equity mix, while Constellation Brands (STZ) at 1.16 uses more debt funding than most peers.
BTI
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.19
- Q3
- 1.11
- BTI
- 0.72
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
1.16
- Max
- 2.19
- STZ
- 1.16
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BTI | STZ |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.00 |
| Debt / Equity (MRQ) | 0.72 | 1.16 |
| Net Debt / EBITDA | 2.90 | 2.98 |
Dividends
Dividend Yield (TTM)
British American Tobacco (BTI) at 3.88% delivers top-quartile income for its industry, while Constellation Brands (STZ) at 2.84% pays a more typical yield — both are credible income propositions, BTI the richer one.
BTI
Food, Beverage & Tobacco industry group
3.88%
- Max
- 9.38%
- BTI
- 3.88%
- Q3
- 3.77%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
STZ
Food, Beverage & Tobacco industry group
2.84%
- Max
- 9.38%
- Q3
- 3.77%
- STZ
- 2.84%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Constellation Brands (STZ) at 36.71% pays out a band-typical share of earnings, while British American Tobacco (BTI) at 83.97% distributes more than its industry norm — less retained, thinner cover.
BTI
Food, Beverage & Tobacco industry group
83.97%
- Max
- 199.19%
- BTI
- 83.97%
- Q3
- 81.03%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
STZ
Food, Beverage & Tobacco industry group
36.71%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- STZ
- 36.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BTI | STZ |
|---|---|---|
| Dividend Yield (TTM) | 3.88% | 2.84% |
| Dividend Payout Ratio (TTM) | 83.97% | 36.71% |
Valuation
P/E Ratio (TTM)
Constellation Brands (STZ) at 12.71 sits in the cheaper P/E ratio quartile, while British American Tobacco (BTI) at 15.61 is closer to its industry’s usual earnings multiple — a discount for STZ, though growth and earnings durability still matter.
BTI
Food, Beverage & Tobacco industry group
15.61
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- BTI
- 15.61
- Q1
- 12.77
- Min
- 4.72
STZ
Food, Beverage & Tobacco industry group
12.71
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- STZ
- 12.71
- Min
- 4.72
P/S Ratio (TTM)
Both look expensive on sales: Constellation Brands (STZ) at 2.61 sits in the upper P/S ratio quartile, and British American Tobacco (BTI) at 5.08 prices even higher, above its industry range.
BTI
Food, Beverage & Tobacco industry group
5.08
- BTI
- 5.08
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
2.61
- Max
- 4.64
- STZ
- 2.61
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
P/B Ratio (MRQ)
Constellation Brands (STZ) at 2.81 sits near its industry’s typical P/B ratio, while British American Tobacco (BTI) at 10.59 prices above its benchmark range — BTI looks rich relative to book.
BTI
Food, Beverage & Tobacco industry group
10.59
- BTI
- 10.59
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
2.81
- Max
- 6.35
- Q3
- 3.07
- STZ
- 2.81
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BTI | STZ |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 12.71 |
| P/S Ratio (TTM) | 5.08 | 2.61 |
| P/B Ratio (MRQ) | 10.59 | 2.81 |
| Free Cash Flow Yield (TTM) | 2.69% | 4.66% |