$31.7 B

BT Mkt cap, 15-Oct-2018

£23.7 B

BT Group Revenue FY, 2018
BT Group Revenue growth (FY, 2017 - FY, 2018), %(1%)
BT Group Net income (FY, 2018)2 B
BT Group EBIT (FY, 2018)3.4 B
BT Group Cash, 31-Mar-2018528 M
BT Group EV45.4 B

BT Group Revenue Breakdown

Embed Graph

BT Group revenue breakdown by business segment: 18.7% from Business and Public Sector, 22.1% from EE, 9.0% from BT Openreach, 7.9% from Wholesale and Ventures, 21.1% from BT Consumer, 21.1% from BT Global Services and 0.0% from Other

BT Group revenue breakdown by geographic segment: 10.5% from Europe, Middle East and Africa, 82.9% from UK and 6.6% from Other

BT Group Income Statement

Annual

GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

20.6b18.7b18.5b18.6b19.5b20.2b20.7b21.4b20.9b18.1b18.3b1.5b19.0b24.1b23.7b

Revenue growth, %

(9%)(1%)1%5%4%2%3%(2%)1%(92%)1149%27%(1%)

Cost of goods sold

782.7m

Gross profit

739.6m

Gross profit Margin, %

49%

Operating expense total

21.0b16.2b15.6b15.8b17.0b17.7b18.3b21.1b18.7b15.2b15.1b646.9m15.4b20.9b20.3b

EBITDA

5.2b3.2b5.2b5.8b5.8b6.0b6.8b6.7b

EBITDA margin, %

25%15%25%32%32%395%36%28%

EBIT

(479.0m)2.6b2.9b2.8b2.5b2.5b2.4b301.0m2.1b2.9b3.1b92.6m3.6b3.2b3.4b

EBIT margin, %

(2%)14%16%15%13%13%11%1%10%16%17%6%19%13%14%

Interest expense

776.0m

Interest income

12.0m

Pre tax profit

1.5b3.2b1.9b2.3b2.0b2.5b2.0b(244.0m)1.0b2.3b2.3b90.5m2.9b2.4b2.6b

Income tax expense

(443.0m)(459.0m)(539.0m)(523.0m)(492.0m)368.0m(238.0m)53.0m22.0m(367.0m)(294.0m)(20.7m)(441.0m)(446.0m)584.0m

Net Income

1.0b2.7b1.4b1.8b1.5b2.9b1.7b(191.0m)1.0b1.9b2.0b69.8m2.5b1.9b2.0b

BT Group Balance Sheet

Annual

GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

158.0m91.0m109.0m206.0m2.0b1.1b1.4b1.3b1.5b924.0m695.0m121.3m996.0m528.0m528.0m

Accounts Receivable

2.4b2.2b2.1b1.9b1.7b1.6b1.9b3.1b2.9b2.2b1.4b11.7m3.1b2.7b1.7b

Prepaid Expenses

1.1b

Inventories

111.0m82.0m89.0m106.0m124.0m133.0m122.0m121.0m107.0m103.0m82.0m225.0m189.0m227.0m239.0m

Current Assets

10.1b11.6b10.5b10.3b6.7b5.8b6.5b5.9b6.3b4.7b5.7b400.3m8.5b6.9b8.3b

PP&E

17.3b16.4b15.9b16.0b16.3b15.8b15.3b15.4b14.9b14.2b13.8b180.3m16.0b16.5b17.0b

Goodwill

7.9b

Total Assets

27.7b28.2b26.6b27.0b24.7b24.2b29.4b29.3b28.7b24.9b24.9b681.7m43.0b42.4b42.8b

Accounts Payable

2.9b2.8b2.3b2.9b3.5b3.7b4.4b4.4b3.7b2.9b2.7b124.6m4.3b4.2b4.0b

Short-term debt

2.3b3.7b2.6b2.3b

Current Liabilities

9.4b9.7b8.5b12.5b9.5b9.6b9.7b9.1b10.4b7.6b7.7b326.7m11.7b10.9b10.2b

Long-term debt

7.9b11.0b10.1b12.0b

Non-Current Liabilities

18.6b15.9b15.0b10.6b13.7b10.3b14.2b20.1b20.9b17.5b17.8b58.4m21.2b23.1b22.3b

Total Debt

16.0m4.0m2.0m2.0m1.6b1.9b1.5b185.0m8.0m5.0m1.9b5.6m14.8b352.0m14.3b

Total Liabilities

28.0b25.6b23.5b23.1b23.1b19.9b23.9b29.1b31.3b25.1b25.5b385.2m

Common Stock

419.0m499.0m499.0m499.0m

Additional Paid-in Capital

434.0m434.0m432.0m432.0m432.0m432.0m420.0m408.0m408.0m408.0m408.0m2.4m499.0m499.0m1.1b

Retained Earnings

822.0m2.1b685.0m938.0m635.0m1.8b496.0m(1.4b)765.0m1.3b1.2b39.4m1.4b472.0m1.8b

Total Equity

(358.0m)2.6b3.1b3.9b1.6b4.2b5.4b142.0m(2.6b)(262.0m)(592.0m)296.5m10.1b8.3b10.3b

Debt to Equity Ratio

0 x0 x0 x0 x1 x0.4 x0.3 x1.3 x0 x0 x-3.2 x0 x1.5 x0 x1.4 x

Debt to Assets Ratio

0 x0 x0 x0 x0.1 x0.1 x0.1 x0 x0 x0 x0.1 x0 x0.3 x0 x0.3 x

Financial Leverage

-77.3 x10.7 x8.6 x7 x15.9 x5.7 x5.4 x206.2 x-10.8 x-95 x-42.1 x2.3 x4.2 x5.1 x4.1 x

Quarterly

GBPQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

1.3b996.0m945.0m487.0m573.0m435.0m479.0m353.0m948.0m

Accounts Receivable

3.3b3.3b3.2b4.3b3.9b4.0b3.9b3.8b3.8b

Inventories

106.0m112.0m101.0m216.0m270.0m236.0m241.0m243.0m267.0m

Current Assets

6.9b6.5b7.1b8.0b8.1b7.7b8.7b8.1b9.9b

PP&E

13.6b13.6b13.6b16.1b16.2b16.3b16.6b16.7b16.9b

Total Assets

26.1b25.9b27.2b32.4b44.3b43.7b33.8b43.3b45.1b

Short-term debt

2.0b1.5b2.2b2.9b3.1b2.7b2.1b2.5b2.2b

Current Liabilities

7.7b7.2b8.0b10.9b11.2b10.7b10.5b10.6b10.1b

Long-term debt

7.3b7.4b6.8b11.0b11.3b11.0b12.1b11.5b13.3b

Non-Current Liabilities

17.6b17.6b15.8b22.5b26.7b25.9b25.7b24.9b26.9b

Total Debt

9.3b8.9b9.0b13.9b14.4b13.7b14.2b14.1b15.5b

Common Stock

419.0m419.0m419.0m499.0m499.0m499.0m499.0m499.0m499.0m

Additional Paid-in Capital

1.1b1.1b1.1b499.0m1.1b1.1b499.0m1.1b1.1b

Retained Earnings

(1.6b)(1.8b)(321.0m)(797.0m)(2.7b)(2.0b)(697.0m)(893.0m)(531.0m)

Total Equity

862.0m1.1b2.6b9.9b6.3b7.1b8.1b7.9b8.2b

Debt to Equity Ratio

10.8 x8 x3.5 x1.4 x2.3 x1.9 x1.8 x1.8 x1.9 x

Debt to Assets Ratio

0.4 x0.3 x0.3 x0.4 x0.3 x0.3 x0.4 x0.3 x0.3 x

Financial Leverage

30.3 x23.4 x10.4 x3.3 x7 x6.1 x4.2 x5.5 x5.5 x

BT Group Cash Flow

Annual

GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.0b2.7b1.4b1.8b1.5b2.9b1.7b(191.0m)1.0b1.9b2.0b69.8m2.5b1.9b

Depreciation and Amortization

2.5b2.6b3.6b3.5b

Accounts Receivable

(263.0m)(83.0m)168.0m(156.0m)

Inventories

(13.0m)(33.0m)(14.0m)

Accounts Payable

199.0m124.0m(152.0m)(345.0m)

Cash From Operating Activities

5.3b6.0b5.4b5.9b5.4b5.2b5.5b4.7b4.8b5.3b4.8b116.7m5.2b6.2b4.9b

Purchases of PP&E

(2.4b)(2.4b)(3.1b)(3.4b)

Cash From Investing Activities

(4.1b)(5.1b)(1.7b)(4.8b)

Short-term Borrowings

(338.0m)(100.0m)(438.0m)

Long-term Borrowings

(1.2b)(1.3b)(1.8b)(1.4b)

Dividends Paid

173.0m560.0m732.0m883.0m912.0m1.1b1.2b1.2b263.0m684.0m778.0m13.3m1.1b1.4b(1.5b)

Cash From Financing Activities

(5.5b)(2.5b)(2.4b)(1.5b)(5.3b)(2.9b)(1.4b)(1.9b)(1.7b)(2.3b)(1.4b)4.7m42.0m(4.5b)(75.0m)

Net Change in Cash

90.0m19.0m44.0m182.0m474.0m723.0m392.0m(113.0m)336.0m600.0m(196.0m)47.3m76.0m14.0m19.0m

Income Taxes Paid

(473.0m)

Quarterly

GBPQ1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Depreciation and Amortization

628.0m1.3b1.8b1.7b2.6b1.8b2.6b

Cash From Operating Activities

290.0m1.5b3.2b3.1b4.5b2.6b4.2b

Purchases of PP&E

(628.0m)(1.2b)(1.8b)(1.5b)(2.2b)(1.7b)(2.5b)

Cash From Investing Activities

1.1b993.0m(625.0m)(847.0m)(1.6b)(2.7b)(5.0b)

Short-term Borrowings

(619.0m)(618.0m)

Long-term Borrowings

(477.0m)(1.3b)(1.3b)(392.0m)(1.1b)(502.0m)(854.0m)

Cash From Financing Activities

(995.0m)(2.5b)(2.7b)(2.2b)(3.1b)(77.0m)1.2b

Net Change in Cash

363.0m67.0m(70.0m)25.0m(135.0m)(201.0m)440.0m

BT Group Ratios

GBPY, 2018

EV/EBIT

13.4 x

EV/CFO

9.2 x

Revenue/Employee

223.0k

Debt/Equity

1.4 x

Debt/Assets

0.3 x

Financial Leverage

4.1 x
Report incorrect company information

BT Group Operating Metrics

FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Broadband Connections

19.09 m19.89 m20 m20.10 m20.30 m20.32 m20.40 m20.50 m20.60 m

TV Customers

1.14 m1.56 m1.60 m1.70 m1.70 m1.75 m1.80 m1.80 m1.80 m

Countries

170 180 180 180 180 180 180 180 180

Mobile Customers

30.45 m30.30 m30.20 m30.20 m30 m29.80 m29.70 m29.80 m

4G Customers

15 m18.60 m19 m19.40 m19.60 m

BT Consumer ARPU (Rolling 12 Month Basis)

£37.80 £38.80 £39.40 £40.80 £41 £41.30

Homes Passed

5.90 m25.80 m26.10 m26.30 m26.50 m26.80 m27.10 m27.40 m

Mobile Customer Reduction

291 k325 k326 k385 k260 k299 k

Mobile Postpaid ARPU

£26 £26.20 £26.30 £26.70 £26.30 £26.60 £26.80 £26.20

Mobile Prepaid ARPU

£4 £4.10 £4.40 £4.70 £4.40 £4.60 £4.80 £4.90

Monthly Average Revenue per User

£34.60 £37.10 £39.90

New Mobile Customers

244 k280 k276 k210 k279 k235 k

Openreach Fibre Additions

333 k440 k498 k437 k505 k600 k

Openreach Fibre Base

6.20 m6.70 m7.20 m7.70 m8.10 m8.60 m9.20 m

Order Intake (Business and Public Sector)

£3.78 b£3.16 b£3.23 b£3.10 b£3.21 b£3.37 b£3.90 b£3.78 b£3.59 b

Order Intake (Global Services)

£5 b£5.12 b£5.01 b£5.15 b£4.95 b£4.60 b£4.45 b£3.87 b£3.73 b

Order Intake (Wholesale and Ventures)

£1.89 b£1.42 b£1.42 b£1.39 b£2.01 b£1.96 b£1.79 b£1.85 b£1.26 b

Patents and Patent Applications

4.70 k4.90 k

Physical Lines

25.73 k25.40 k25.30 m25.30 m25.30 m25.25 k25.20 m25.10 m25.10 m

Postpaid Mobile Customers

16.11 m16.20 m16.40 m16.70 m16.92 m17 m17.30 m17.50 m

Prepaid Mobile Customers

8.25 m8 m7.60 m7.30 m6.92 m6.50 m6.30 m6 m

Retail Fibre Base

4.30 m4.50 m4.70 m5.10 m5.30 m5.50 m

Retail Fibre Net Additions

181 k216 k260 k170 k179 k208 k

Revenue Generating Units per Customer

1.90 1.93 1.95 1.96 1.95 2 2.01 2.02

Wi-Fi Hotspots

5.60 m5.60 m
Report incorrect company information