British American Tobacco: brands it owns and its ownership tree
British American Tobacco (LSE: BATS, NYSE: BTI) is a publicly listed company headquartered in London, United Kingdom that owns 11 consumer brands.[1][2]
British American Tobacco was formed in 1902 as a joint venture between the UK's Imperial Tobacco Company and the American Tobacco Company of the United States, with James 'Buck' Duke as its first chairman. It now sells cigarettes and, since 2019, a deliberately built set of global New Category brands (Vuse vapour, glo heated tobacco and Velo modern oral) in the US and internationally. It completed the acquisition of the 57.8% of Reynolds American Inc. it did not already own on 25 July 2017, bringing Reynolds' US brands — Newport, Camel, Pall Mall and Natural American Spirit among them — into the group.
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Company facts
- Legal name
- British American Tobacco p.l.c. (also BAT, B.A.T. Industries)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇬🇧 London, United Kingdom
- Founded
- 1902
- Tickers
- LSE: BATS NYSE: BTI
- Revenue
- £25.6 billion (2025)[2]
- SEC CIK
- 0001303523
- Companies House
- 03407696
- LEI
- 213800FKA5MF17RJKT63
- Website
- www.bat.com
- Last verified
- · 2 sources
What British American Tobacco's annual report says about its business
Read from British American Tobacco's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Acquisitions and disposals named in the filing
- Acquired: Reynolds American Inc..
As an example, through the acquisition of Reynolds American Inc., the Group acquired the Newport brand, the leading menthol cigarette brand in the U.S., the Group's largest single market.
- Acquired: B&W (1927).
In 1927, BAT Ltd. expanded into the U.S. market through its acquisition of B&W.
- Acquired: Imperial Tobacco Canada (2000).
2000 acquisition of Imperial Tobacco Canada;
- Acquired: an effective 99% interest in Bentoel in Indonesia (2009).
2009 acquisition of an effective 99% interest in Bentoel in Indonesia;
- Acquired: Protabaco in Colombia (2011).
2011 acquisition of Protabaco in Colombia;
- Acquired: CN Creative Limited in the UK (2012).
2012 acquisition of CN Creative Limited in the UK;
- Acquired: Ten Motives in the UK (2016).
2016 acquisition of Ten Motives in the UK;
- Acquired: the remaining 57.8% of Reynolds American Inc. the Group did not already own (2017).
2017 acquisition of the remaining 57.8% of Reynolds American Inc. the Group did not already own.
- Acquired: Quantus Beteiligungs-und Beratungsgesellschaft mbH in Germany (2018).
2018 acquisition of Quantus Beteiligungs-und Beratungsgesellschaft mbH in Germany;
British American Tobacco in numbers
- British American Tobacco owns 11 consumer brands tracked here across 1 top-level categories; the largest is tobacco & nicotine with 11 brands.[1]
- 7 of its brands originated outside United Kingdom.
British American Tobacco financial history
Headline figures from British American Tobacco's annual reports filed with the US Securities and Exchange Commission, in GBP as reported, fiscal years ending 2020–2025. Revenue moved from £25.8bn to £25.6bn, an average of -0.1% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| £25.6bn | £10bn | 39.0% | £7.76bn | £109.3bn | £31.7bn | 20-F | |
| £25.9bn | £2.74bn | 10.6% | £3.18bn | £118.9bn | £32.6bn | 20-F | |
| £27.3bn | £-15,751,000,000 | -57.7% | £-14,189,000,000 | £118.7bn | £35.4bn | 20-F | |
| £27.7bn | £10.5bn | 38.1% | £6.85bn | £153.5bn | £38.7bn | 20-F | |
| £25.7bn | £10.2bn | 39.8% | £6.97bn | £137.4bn | £35.7bn | 20-F | |
| £25.8bn | £9.96bn | 38.6% | £6.56bn | £137.7bn | £39.9bn | 20-F |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything British American Tobacco owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree → · Download as infographic
Brand portfolio by category
Full portfolio, 11 brands, with sources → · Competitors by shared categories →
British American Tobacco in the global legal-entity registry
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
- Legal entity identifier (LEI)
- 213800FKA5MF17RJKT63
- Registered name
- BRITISH AMERICAN TOBACCO P.L.C. (GB)
- Registration status
- Issued · record updated 10 October 2025
- Parent
- None named: it reports that no person or entity controls it.
- Retrieved
- · GLEIF record (JSON)
British American Tobacco SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer |
Frequently asked questions
What brands does British American Tobacco own?
British American Tobacco owns 11 consumer brands tracked here, including Dunhill, Natural American Spirit (United States), Camel (United States), Kent, Rothmans and Newport.
Is British American Tobacco a British company?
Yes. British American Tobacco is headquartered in London, United Kingdom and was founded in 1902.
Who owns British American Tobacco?
British American Tobacco is a publicly listed company owned by its shareholders; it trades as BATS on the LSE and BTI on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] British American Tobacco p.l.c. Annual Report on Form 20-F filed 2026-02-13 — SEC EDGAR, SEC Form 20-F, published 13 February 2026; retrieved 21 September 2026.
- [2] British American Tobacco p.l.c.: Form 20-F for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 20-F, published 13 February 2026; retrieved 4 October 2026.
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