BT (BT-A) stock price, revenue, and financials

BT market cap is $125 b, and annual revenue was $22.91 b in FY 2020

$125 B

BT-A Mkt cap, 29-May-2019

$22.9 B

BT Revenue FY, 2020
BT Net income (FY, 2020)1.7 B
BT EBIT (FY, 2020)3.3 B
BT Cash, 31-Mar-20201.5 B
BT EV140 B

BT Revenue Breakdown

Embed Graph

BT revenue breakdown by geographic segment: 9.7% from Europe, Middle East and Africa, 83.9% from UK and 6.4% from Other

BT Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

24.1b23.7b23.4b22.9b

Revenue growth, %

27%(1%)(1%)

Cost of goods sold

1.2b1.3b5.8b

Gross profit

22.9b22.4b17.6b

Gross profit Margin, %

95%95%75%

Operating expense total

19.7b19.1b14.2b

Depreciation and amortization

3.5b3.5b3.5b

EBIT

3.2b3.4b3.4b3.3b

EBIT margin, %

13%14%15%14%

Interest expense

594.0m726.0m734.0m

Interest income

13.0m12.0m34.0m

Pre tax profit

2.4b2.6b2.7b2.4b

Income tax expense

446.0m584.0m507.0m619.0m

Net Income

1.9b2.0b2.2b1.7b

EPS

0.20.20.2

Half Year

GBPH1, 2018H1, 2019H1, 2020

Revenue

11.8b11.6b11.5b

Cost of goods sold

1.9b2.8b3.1b

Gross profit

9.9b8.8b8.4b

Gross profit Margin, %

84%76%73%

Operating expense total

7.5b7.1b6.6b

Depreciation and amortization

1.8b1.7b2.1b

EBIT

1.5b1.7b1.8b

EBIT margin, %

12%15%15%

Pre tax profit

1.1b1.3b1.3b

Income tax expense

275.0m288.0m265.0m

Net Income

809.0m1.1b1.1b

BT Balance Sheet

Annual

GBPFY, 2017FY, 2018FY, 2019FY, 2020

Cash

528.0m528.0m1.7b1.5b

Accounts Receivable

2.7b1.7b3.2b1.4b

Inventories

227.0m239.0m369.0m300.0m

Current Assets

6.9b8.3b10.4b12.0b

PP&E

16.5b17.0b17.8b18.5b

Goodwill

8.0b7.9b8.0b13.9b

Total Assets

42.4b42.8b46.3b

Accounts Payable

4.2b4.0b4.1b

Short-term debt

2.6b2.3b2.1b

Current Liabilities

10.9b10.2b9.6b11.0b

Long-term debt

10.1b12.0b14.8b16.5b

Non-Current Liabilities

23.1b22.3b26.5b27.3b

Total Debt

352.0m14.3b16.9b16.5b

Common Stock

499.0m499.0m499.0m

Additional Paid-in Capital

499.0m1.1b1.1b

Retained Earnings

472.0m1.8b3.9b9.8b

Total Equity

8.3b10.3b10.2b14.8b

Debt to Equity Ratio

0 x1.4 x1.7 x

Debt to Assets Ratio

0 x0.3 x0.4 x

Financial Leverage

5.1 x4.1 x4.6 x

Half Year

GBPH1, 2018H1, 2019H1, 2020

Cash

353.0m431.0m499.0m

Accounts Receivable

3.8b3.6b3.2b

Inventories

243.0m305.0m315.0m

Current Assets

8.1b10.2b10.2b

PP&E

16.7b17.2b18.1b

Total Assets

43.3b45.3b51.4b

Short-term debt

2.5b2.8b2.3b

Current Liabilities

10.6b10.7b9.8b

Long-term debt

11.5b14.3b21.5b

Non-Current Liabilities

24.9b23.6b31.4b

Total Debt

14.1b17.1b23.8b

Common Stock

499.0m499.0m499.0m

Additional Paid-in Capital

1.1b1.1b1.1b

Retained Earnings

(893.0m)4.7b5.4b

Total Equity

7.9b10.9b10.3b

Debt to Equity Ratio

1.8 x1.6 x2.3 x

Debt to Assets Ratio

0.3 x0.4 x0.5 x

Financial Leverage

5.5 x4.1 x5 x

BT Cash Flow

Annual

GBPFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.9b2.0b2.2b1.7b

Depreciation and Amortization

3.6b3.5b3.5b4.3b

Accounts Receivable

168.0m(156.0m)(58.0m)

Inventories

(33.0m)(14.0m)(138.0m)

Accounts Payable

(152.0m)(345.0m)57.0m

Cash From Operating Activities

6.2b4.9b4.3b6.3b

Purchases of PP&E

(3.1b)(3.4b)(3.7b)

Cash From Investing Activities

(1.7b)(4.8b)(3.8b)(5.6b)

Short-term Borrowings

(438.0m)

Long-term Borrowings

(1.8b)(1.4b)(1.4b)

Dividends Paid

1.4b(1.5b)(1.5b)

Cash From Financing Activities

(4.5b)(75.0m)634.0m(807.0m)

Net Change in Cash

14.0m19.0m1.1b(186.0m)

Interest Paid

629.0m555.0m531.0m

Income Taxes Paid

551.0m473.0m431.0m

Half Year

GBPH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

1.8b1.7b2.1b

Accounts Receivable

(25.0m)

Inventories

53.0m

Accounts Payable

(541.0m)

Cash From Operating Activities

2.6b754.0m2.2b

Purchases of PP&E

(1.7b)(1.7b)(2.1b)

Cash From Investing Activities

(2.7b)(2.1b)(2.3b)

Long-term Borrowings

(502.0m)(716.0m)(1.1b)

Dividends Paid

(1.0b)(1.0b)

Cash From Financing Activities

(77.0m)1.2b(1.0b)

Net Change in Cash

(201.0m)(114.0m)(1.2b)

Interest Paid

259.0m236.0m300.0m

BT Operating Metrics

FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Broadband Connections

19.09 m19.89 m20 m20.10 m20.30 m20.32 m20.40 m20.50 m20.60 m20.34 m

TV Customers

1.14 m1.56 m1.60 m1.70 m1.70 m1.75 m1.80 m1.80 m1.80 m1.74 m

Countries

170 180 180 180 180 180 180 180 180 180 180 180 180 180 180 180

Mobile Customers

30.45 m30.30 m30.20 m30.20 m30 m29.80 m29.70 m29.80 m29.56 m28 m

4G Customers

15 m18.60 m19 m19.40 m19.60 m19.59 m

BT Consumer ARPU (Rolling 12 Month Basis)

£37 £38 £39 £39 £40 £41 £41 £41 £37 £38 £38

Homes Passed

5.90 m25.80 m26.10 m26.30 m26.50 m26.80 m27.10 m27.40 m27.50 m27.90 m

Mobile Customer Reduction

291 k325 k326 k385 k260 k299 k

Mobile Postpaid ARPU

£26 £26 £26 £26 £26 £26 £26 £26 £26 £21 £22 £21 £20

Mobile Prepaid ARPU

£4 £4 £4 £4 £4 £4 £4 £4 £20 £8 £8 £8

Monthly Average Revenue per User

£34 £37 £39

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 Book

£4 b

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£3.39 b£2.87 b£2.79 b£2.90 b£3.10 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£3.85 b£3.67 b£3.54 b£3.69 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£1.42 b£1.28 b£1.13 b£1 b£1.13 b

Patents and Patent Applications

4.70 k4.90 k5 k5 k

Physical Lines

25.73 k25.34 m25.30 m25.30 m25.30 m25.25 m25.20 m25.10 m25.10 m25.12 m

Postpaid Mobile Customers

16.11 m16.20 m16.40 m16.70 m16.92 m17 m17.30 m17.50 m17.60 m

Prepaid Mobile Customers

8.25 m8 m7.60 m7.30 m6.92 m6.50 m6.30 m6 m5.55 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 1 1 1 1 2 2 2 2

Wi-Fi Hotspots

5.60 m5.60 m5.90 m