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BT Group plc BT-A.L

GB · London Stock Exchange · XLON · stock · Communication Services · website

BT Group plc statistics & valuation

Market cap£19.4B
P / E18.0×
P / S1.0×
P / B1.5×
P / FCF10.4×
Net margin5.5%
FCF margin9.5%
Net debt£22.5B
Enterprise value USD$56.6B
Earnings yield EBIT/EV8.4%
Return on capital8.5%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
9.20% 4.10% 5.20% 5.50% 2023202420252026
Gross margin (%)
73.30% 72.50% 73.60% 74.10% 2023202420252026
Operating margin (%)
16.20% 16.50% 17.10% 18.00% 2023202420252026
Return on equity (%)
13.10% 6.80% 8.20% 8.60% 2023202420252026
Shares outstanding
9.85B 9.85B 9.85B 9.85B 2023202420252026
Net debt (£)
£23.62B £23.14B £23.15B £22.48B 2023202420252026
Share buybacks (£)
£138.0M £133.0M £79.0M £126.0M 2023202420252026
Return on assets (%)
3.60% 1.70% 2.10% 2.20% 2023202420252026
Free cash flow margin (%)
6.90% 4.70% 10.10% 9.50% 2023202420252026
Debt / equity (×)
1.65× 1.88× 1.81× 1.81× 2023202420252026
EPS (£)
£0.19 £0.09 £0.11 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin74.1%73.6%72.5%73.3%
Operating margin18.0%17.1%16.5%16.2%
Net margin5.5%5.2%4.1%9.2%
FCF margin9.5%10.1%4.7%6.9%
Return on assets2.2%2.1%1.7%3.6%
Return on equity8.6%8.2%6.8%13.1%
Debt / equity1.44×1.29×1.37×1.15×
Current ratio0.850.810.890.91

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.