British American Tobacco Industries p.l.c. (BTI) vs Philip Morris International (PM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Philip Morris International (PM) has outperformed British American Tobacco Industries p.l.c. (BTI) over the past year, gaining 24.7% versus a gain of 3.7%. Over five years, PM leads with a +95.9% price change compared with +49.3% for BTI. Philip Morris International is the larger company by market cap ($300.33 billion vs $115.94 billion), about 2.6 times the size.
On valuation, British American Tobacco Industries p.l.c. trades at a lower forward P/E (10.3x vs 21.0x for Philip Morris International). British American Tobacco Industries p.l.c. offers the higher dividend yield (4.55% vs 3.05%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BTI | PM |
|---|---|---|
| Share price | $53.90 | $192.69 |
| Market cap | $115.94B | $300.33B |
| 1-day change | +1.68% | +1.20% |
| YTD return | -4.80% | +20.13% |
| 1-year return | +3.69% | +24.68% |
| 5-year return | +49.31% | +95.88% |
| P/E ratio (TTM) | 13.82 | 27.69 |
| Forward P/E | 10.29 | 20.98 |
| EPS (TTM) | $3.90 | $6.96 |
| Dividend yield | 4.55% | 3.05% |
| Annual dividend | $2.45 | $5.88 |
| Revenue (latest FY) | — | $40.65B |
| Revenue growth (YoY) | — | +7.31% |
| Net income (latest FY) | — | $11.35B |
| Gross margin | — | 67.12% |
| Operating margin | — | 36.64% |
| Net margin | — | 27.92% |
| 52-week high | $67.30 | $207.76 |
| 52-week low | $49.88 | $142.11 |
| Distance from 52-week high | -19.91% | -7.25% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +30.67% | +8.01% |
| Average volume | 4.57M | 4.66M |
| Shares outstanding | 2.15B | 1.56B |
| Employees | 47,797 | 84,900 |
| Sector | Health Care | Health Care |
| Industry | Medicinal Chemicals and Botanical Products | Medicinal Chemicals and Botanical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Philip Morris International is about 2.6 times larger than British American Tobacco Industries p.l.c. by market value ($300.33B vs $115.94B).
- PM has outperformed BTI by 21.0 percentage points over the past year.
- Philip Morris International trades at a higher earnings multiple (27.7x vs 13.8x trailing P/E).
- British American Tobacco Industries p.l.c. offers a meaningfully higher dividend yield (4.55% vs 3.05%).
About British American Tobacco Industries p.l.c.
BTI stock →British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.
Health Care · Medicinal Chemicals and Botanical Products · 47,797 employees
About Philip Morris International
PM stock →Philip Morris International Inc. operates as a tobacco company.
Health Care · Medicinal Chemicals and Botanical Products · 84,900 employees
BTI vs PM FAQ
Which is bigger, British American Tobacco Industries p.l.c. or Philip Morris International?
Philip Morris International (PM) is larger, with a market capitalization of $300.33B compared with $115.94B for British American Tobacco Industries p.l.c. (BTI).
Which stock has performed better over the past year, BTI or PM?
PM returned +24.68% over the past 12 months, compared with +3.69% for BTI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BTI or PM?
BTI has the lower trailing P/E at 13.8, versus 27.7 for PM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, British American Tobacco Industries p.l.c. or Philip Morris International?
British American Tobacco Industries p.l.c. has the higher yield at 4.55%, compared with 3.05% for Philip Morris International.
Are British American Tobacco Industries p.l.c. and Philip Morris International in the same industry?
Yes. Both are classified in the Medicinal Chemicals and Botanical Products industry within the Health Care sector.