Imperial Brands (IMB.L) Stock Price

Imperial Brands Price

LSE·CLOSED
27.91GBP+0.32 (+1.15 %)
Market closed

Revenue has compounded at 5.5% per year over the past 19 years to 32.17 B GBP. Earnings per share have grown at 4.6% per year over the last 19 years. Imperial Brands's net margin stands at 6.4%, down from 8.6% several years earlier. Imperial Brands currently offers a dividend yield of about 6.25%. The payout ratio is around 70% of earnings. The dividend has grown at 5.4% per year over the past 19 years. Analysts set a median price target of 3,672.00 GBP, implying 13,056.6% above the current price. Of 23 analysts, 20 rate the stock a buy — an overall Buy consensus. The stock trades about 6% above its 52-week low.

Imperial Brands stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Imperial Brands over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Imperial Brands stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Imperial Brands's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Imperial Brands Stock Price History
DateImperial Brands Price
8/7/202627.91 GBP
8/6/202627.59 GBP
8/5/202627.47 GBP
8/4/202627.95 GBP
7/31/202628.25 GBP
7/30/202628.85 GBP
7/29/202629.29 GBP
7/28/202628.96 GBP
7/27/202628.18 GBP
7/24/202628.23 GBP
7/23/202628.13 GBP
7/22/202628.02 GBP
7/21/202627.93 GBP
7/20/202628.45 GBP
7/17/202628.72 GBP
7/16/202628.05 GBP
7/15/202627.38 GBP
7/14/202626.72 GBP
7/13/202626.94 GBP
7/10/202627.13 GBP
7/9/202627.43 GBP
7/8/202627.50 GBP
7/7/202627.75 GBP
7/6/202627.48 GBP
7/3/202627.92 GBP
7/2/202628.24 GBP
7/1/202627.68 GBP
6/30/202627.89 GBP
6/29/202627.81 GBP
6/26/202627.80 GBP
6/25/202627.65 GBP
6/24/202627.79 GBP
6/23/202627.62 GBP
6/22/202627.37 GBP
6/19/202627.53 GBP
6/18/202627.61 GBP
6/17/202627.78 GBP
6/16/202628.02 GBP
6/15/202627.98 GBP
6/12/202627.95 GBP
6/11/202628.14 GBP
6/10/202627.45 GBP
6/9/202627.38 GBP
6/8/202627.74 GBP
6/5/202627.09 GBP
6/4/202626.85 GBP
6/3/202626.69 GBP
6/2/202626.35 GBP
6/1/202626.94 GBP
5/29/202627.55 GBP
5/28/202627.80 GBP
5/27/202627.78 GBP
5/26/202627.89 GBP
5/22/202628.18 GBP
5/21/202628.26 GBP
5/20/202628.74 GBP
5/19/202628.69 GBP
5/18/202628.89 GBP
5/15/202628.17 GBP
5/14/202628.28 GBP
5/13/202627.56 GBP
5/12/202628.32 GBP
5/11/202627.28 GBP
5/8/202627.46 GBP
5/7/202627.71 GBP
5/6/202628.36 GBP
5/5/202628.06 GBP
5/1/202628.17 GBP
4/30/202628.01 GBP
4/29/202627.71 GBP
4/28/202627.75 GBP
4/27/202627.37 GBP
4/24/202627.69 GBP
4/23/202627.72 GBP
4/22/202627.53 GBP
4/21/202627.34 GBP
4/20/202627.98 GBP
4/17/202627.77 GBP
4/16/202627.94 GBP
4/15/202628.30 GBP
4/14/202629.33 GBP
4/13/202630.82 GBP
4/10/202630.84 GBP
4/9/202630.83 GBP
4/8/202631.39 GBP
4/7/202631.43 GBP
4/2/202630.77 GBP
4/1/202630.41 GBP
3/31/202630.57 GBP
3/30/202630.97 GBP
3/27/202630.75 GBP
3/26/202630.45 GBP
3/25/202630.39 GBP
3/24/202630.38 GBP
3/23/202630.11 GBP
3/20/202630.54 GBP
3/19/202630.87 GBP
3/18/202631.27 GBP
3/17/202632.24 GBP
3/16/202632.45 GBP
3/13/202631.98 GBP
3/12/202631.17 GBP
3/11/202631.02 GBP
3/10/202631.55 GBP
3/9/202631.50 GBP
3/6/202631.63 GBP
3/5/202631.77 GBP
2/26/202632.88 GBP
2/25/202632.73 GBP
2/24/202632.44 GBP
2/23/202633.01 GBP
2/20/202632.31 GBP
2/19/202632.01 GBP
2/18/202632.52 GBP
2/17/202632.36 GBP
2/16/202632.20 GBP
2/13/202632.80 GBP
2/12/202632.85 GBP
2/11/202633.04 GBP
2/10/202632.63 GBP
2/9/202632.96 GBP
2/6/202633.42 GBP
2/5/202632.93 GBP
2/4/202632.61 GBP
2/3/202631.62 GBP
2/2/202630.83 GBP
1/30/202630.67 GBP
1/29/202630.25 GBP
1/28/202630.29 GBP
1/27/202630.22 GBP
1/26/202630.12 GBP
1/23/202630.25 GBP
1/22/202630.14 GBP
1/21/202629.94 GBP
1/20/202630.34 GBP
1/19/202631.00 GBP
1/16/202630.45 GBP
1/15/202630.64 GBP
1/14/202630.25 GBP
1/13/202630.10 GBP
1/12/202630.26 GBP
1/9/202630.12 GBP
1/8/202630.21 GBP
1/7/202630.05 GBP
1/6/202630.43 GBP
1/5/202630.48 GBP
1/2/202631.26 GBP
12/31/202531.20 GBP
12/30/202531.31 GBP
12/29/202531.09 GBP
12/24/202531.27 GBP
12/23/202531.36 GBP
12/22/202531.46 GBP
12/19/202531.77 GBP
12/18/202531.98 GBP
12/17/202531.82 GBP
12/16/202531.92 GBP
12/15/202532.16 GBP
12/12/202531.80 GBP
12/11/202532.66 GBP
12/10/202532.84 GBP
12/9/202533.13 GBP
12/8/202532.63 GBP
12/5/202532.51 GBP
12/4/202533.01 GBP
12/3/202532.72 GBP
12/2/202532.61 GBP
12/1/202532.36 GBP
11/28/202532.09 GBP
11/27/202532.01 GBP
11/26/202532.78 GBP
11/25/202532.19 GBP
11/24/202531.59 GBP
11/21/202532.25 GBP
11/20/202532.61 GBP
11/19/202532.40 GBP
11/18/202532.30 GBP
11/17/202531.54 GBP
11/14/202531.52 GBP
11/13/202532.01 GBP
11/12/202532.31 GBP
11/11/202532.25 GBP
11/10/202531.80 GBP
11/7/202531.72 GBP
11/6/202531.74 GBP
11/5/202531.41 GBP
11/4/202530.78 GBP
11/3/202530.59 GBP
10/31/202530.26 GBP
10/30/202530.33 GBP
10/29/202530.45 GBP
10/28/202530.20 GBP
10/27/202530.06 GBP
10/24/202530.07 GBP
10/23/202530.22 GBP
10/22/202529.94 GBP
10/21/202529.54 GBP
10/20/202529.86 GBP
10/17/202530.07 GBP
10/16/202529.89 GBP
10/15/202530.20 GBP
10/14/202530.94 GBP
10/13/202531.18 GBP
10/10/202531.44 GBP
10/9/202530.95 GBP
10/8/202531.22 GBP
10/7/202531.06 GBP
10/6/202530.04 GBP
10/3/202530.40 GBP
10/2/202530.63 GBP
10/1/202530.98 GBP
9/30/202531.58 GBP
9/29/202531.51 GBP
9/26/202531.75 GBP
9/25/202531.59 GBP
9/24/202531.27 GBP
9/23/202530.80 GBP
9/22/202530.89 GBP
9/19/202530.88 GBP
9/18/202530.69 GBP
9/17/202531.10 GBP
9/16/202531.13 GBP
9/15/202531.57 GBP
9/12/202531.86 GBP
9/11/202531.80 GBP
9/10/202531.22 GBP
9/9/202531.17 GBP
9/8/202531.31 GBP
9/5/202531.37 GBP
9/4/202531.12 GBP
9/3/202530.87 GBP
9/2/202530.87 GBP
9/1/202530.97 GBP
8/29/202531.25 GBP
8/28/202530.99 GBP
8/27/202531.28 GBP
8/26/202531.15 GBP
8/22/202531.32 GBP
8/21/202531.15 GBP
8/20/202531.45 GBP
8/19/202530.60 GBP
8/18/202530.70 GBP
8/15/202530.46 GBP
8/14/202530.55 GBP
8/13/202530.26 GBP
8/12/202530.45 GBP
8/11/202530.25 GBP
Access this data via the Eulerpool API
Get Free API Key

Imperial Brands Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
32.48 B GBP
3.44 B GBP
2.33 B GBP
Jan 1, 2024
32.41 B GBP
3.56 B GBP
2.61 B GBP
Jan 1, 2025
32.17 B GBP
3.62 B GBP
2.07 B GBP
Jan 1, 2026 (e)
10.07 B GBP
1.16 B GBP
2.75 B GBP
Jan 1, 2027 (e)
10.25 B GBP
1.18 B GBP
3.02 B GBP
Jan 1, 2028 (e)
10.48 B GBP
1.21 B GBP
3.34 B GBP
Jan 1, 2029 (e)
10.78 B GBP
1.24 B GBP
3.78 B GBP
Jan 1, 2030 (e)
11.06 B GBP
1.27 B GBP
4.16 B GBP

Imperial Brands Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 10, 2026, 9:04 PM
 
REVENUEB GBP
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB GBP
EBITB GBP
EBIT MARGIN%
NET INCOMEB GBP
NET INCOME GROWTH%
DIV.GBP
DIV. GROWTH%
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
27.6330.2530.0731.5932.5632.7932.5532.4832.4132.1710.0710.2510.4810.7811.0611.13
9.279.46-0.605.083.060.70-0.73-0.23-0.20-0.74-68.711.842.202.882.580.69
21.5521.2519.9919.7518.9818.3818.5520.5720.9221.7621.7621.7621.7621.7621.7621.76
5.966.436.016.246.186.036.046.686.787.002.192.232.282.352.412.42
2.542.672.602.493.023.123.353.443.563.621.161.181.211.241.27–
9.188.828.667.899.299.5310.2910.6010.9811.2511.5211.5211.5211.5211.52–
0.631.411.371.011.502.831.572.332.612.072.753.023.343.784.16–
-62.68123.30-2.91-26.1748.0289.57-44.6048.2812.24-20.7432.799.9310.3213.439.91–
1.561.651.822.001.621.871.401.441.511.7556.6456.8257.00–––
-20.415.7710.309.89-19.0015.43-25.132.864.8615.893,136.570.320.32–––
0.960.960.960.950.950.950.950.930.870.830.830.830.830.830.830.83
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Imperial Brands generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Imperial Brands retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Imperial Brands's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Imperial Brands has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Imperial Brands's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Imperial Brands stock margins

The Imperial Brands margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Imperial Brands. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Imperial Brands.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
18.38 %
9.53 %
8.64 %
Jan 1, 2022
18.55 %
10.29 %
4.82 %
Jan 1, 2023
20.57 %
10.60 %
7.17 %
Jan 1, 2024
20.92 %
10.98 %
8.06 %
Jan 1, 2025
21.76 %
11.25 %
6.44 %
Jan 1, 2026 (e)
21.76 %
11.52 %
27.32 %
Jan 1, 2027 (e)
21.76 %
11.52 %
29.49 %
Jan 1, 2028 (e)
21.76 %
11.52 %
31.83 %

Imperial Brands Stock Revenue, EBIT, Earnings per Share

The Imperial Brands earnings per share therefore indicates how much revenue Imperial Brands has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
34.61 GBP
3.30 GBP
2.99 GBP
Jan 1, 2022
34.16 GBP
3.52 GBP
1.65 GBP
Jan 1, 2023
34.99 GBP
3.71 GBP
2.51 GBP
Jan 1, 2024
37.09 GBP
4.07 GBP
2.99 GBP
Jan 1, 2025
38.73 GBP
4.36 GBP
2.49 GBP
Jan 1, 2026 (e)
12.12 GBP
1.40 GBP
3.31 GBP
Jan 1, 2027 (e)
12.34 GBP
1.42 GBP
3.64 GBP
Jan 1, 2028 (e)
12.62 GBP
1.45 GBP
4.02 GBP

Imperial Brands business model & stock analysis

Imperial Brands PLC is a British company specializing in the manufacture and marketing of tobacco and tobacco substitute products. The company was founded in 1901 as the Imperial Tobacco Company of Great Britain and Ireland. Over the years, Imperial Brands has acquired and expanded a variety of brands and business sectors through acquisitions and strategic business decisions. The business model of Imperial Brands involves offering a wide range of tobacco products at different price ranges to cover various market segments. This includes both conventional tobacco products such as cigarettes and rolling tobacco, as well as products in the e-cigarette and tobacco heating categories. Additionally, Imperial Brands is also expanding into other areas such as CBD product manufacturing. An important part of Imperial Brands' business model is its commitment to research and development of new products to address new consumer needs and unlock growth potential. In recent years, Imperial Brands has introduced several technologies and innovations, such as the blu brand, with the aim of becoming the global leader in the e-cigarette market. Imperial Brands operates in multiple business sectors, including the UK, Continental Europe, the Americas, and Africa/Asia. The company operates in over 160 countries worldwide and employs over 33,000 employees. The Imperial Tobacco brand is well-known in many countries and enjoys a market-leading position. The company offers a variety of products ranging from traditional cigarettes and rolling tobacco to loose tobacco products. Imperial Brands' portfolio includes well-known brands such as Davidoff, Gauloises, JPS, WEST, and Winston. In recent years, Imperial Brands has also started to build a portfolio of lifestyle brands to expand the company into new product categories. These brands include consumer products such as accessories and stationery, as well as luxury goods such as jewelry and watches. Overall, Imperial Brands has pursued a strong growth strategy in recent years, acquiring a variety of business sectors and brands to broaden its foundation and strengthen its competitiveness. Although Imperial Brands is traditionally active in the tobacco market, it has begun to focus on other business sectors in recent years to adjust to the changing market environment. With a strong strategic focus and a variety of innovations, Imperial Brands is well-positioned to continue growing in the coming years.

Imperial Brands SWOT Analysis

Strengths

Imperial Brands PLC has a strong portfolio of cigarette brands, including Winston, Kool, and Gauloises, which enjoy widespread recognition and consumer loyalty.

The company has a diversified revenue base, with a presence in multiple geographical regions, providing it with stability and opportunities for growth.

Imperial Brands has a strong distribution network, enabling efficient delivery of its products to retailers and customers worldwide.

The company invests heavily in research and development, allowing it to innovate and introduce new products to meet changing consumer preferences and regulatory requirements.

Weaknesses

Imperial Brands is highly dependent on cigarette sales, which are facing increasing regulation, taxation, and social stigma in many markets. This reduces the company's growth potential and exposes it to regulatory risks.

The company has a relatively high debt burden, which could limit its ability to pursue strategic initiatives or respond to market challenges.

Imperial Brands has faced criticism and legal challenges related to its marketing practices, which could harm its reputation and brand image.

Opportunities

The growing popularity of reduced-risk products, such as e-cigarettes and heated tobacco products, presents an opportunity for Imperial Brands to diversify its product offerings and appeal to health-conscious consumers.

Expansion into emerging markets, where smoking rates are still high and regulations may be less stringent, could provide Imperial Brands with new growth opportunities.

Increased focus on sustainability and environmental responsibility can help the company enhance its reputation and attract socially conscious consumers.

Threats

The ongoing decline in cigarette consumption, influenced by factors such as health concerns, anti-smoking campaigns, and increased taxation, poses a significant threat to Imperial Brands' core business.

Stringent regulations and potential bans on smoking in public places in various jurisdictions could further impact the company's sales and profitability.

Competition from both traditional tobacco companies and emerging players in the reduced-risk product market is intensifying, potentially eroding Imperial Brands' market share.

Imperial Brands Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Imperial Brands historical P/E ratio, EBIT multiple, and P/S ratio

Imperial Brands annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Imperial Brands shares outstanding

The number of shares of Imperial Brands was 830.6 M in 2025. This indicates how many shares Imperial Brands is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
947.50 M Stocks
Jan 1, 2022
953.00 M Stocks
Jan 1, 2023
928.20 M Stocks
Jan 1, 2024
873.90 M Stocks
Jan 1, 2025
830.60 M Stocks
Jan 1, 2026 (e)
830.60 M Stocks
Jan 1, 2027 (e)
830.60 M Stocks
Jan 1, 2028 (e)
830.60 M Stocks

Imperial Brands stock splits

In Imperial Brands's history, there have been no stock splits.

Imperial Brands Dividend History

30 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
202642.08GBPYTD—2×
Feb 19, 20260.40GBP 0.0%1/2
May 21, 202641.68GBP↑ 10,299.2%2/2
20251.75GBP↑ 15.6%4×
Feb 20, 20250.54GBP 0.0%1/4
May 22, 20250.40GBP↓ 26.1%2/4
Aug 21, 20250.40GBP 0.0%3/4
Nov 27, 20250.40GBP 0.0%4/4
20241.51GBP↑ 4.6%4×
20231.44GBP↑ 2.8%4×
20221.40GBP↓ 25.0%4×
20211.87GBP↑ 15.7%5×
20201.62GBP↓ 19.2%4×
20192.00GBP↑ 10.0%4×
20181.82GBP↑ 10.0%4×
20171.65GBP↑ 6.2%4×

Imperial Brands dividend history and estimates

In 2025, Imperial Brands paid a dividend amounting to 1.75 GBP. Dividend means that Imperial Brands distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.87 GBP
0.00 GBP
Jan 1, 2022
1.40 GBP
0.00 GBP
Jan 1, 2023
1.44 GBP
0.00 GBP
Jan 1, 2024
1.51 GBP
0.00 GBP
Jan 1, 2025
1.75 GBP
0.00 GBP
Jan 1, 2026 (e)
42.48 GBP
14.16 GBP
Jan 1, 2027 (e)
0.00 GBP
56.82 GBP
Jan 1, 2028 (e)
0.00 GBP
57.00 GBP

Imperial Brands dividend payout ratio

In 2025, Imperial Brands had a payout ratio of 69.98%. The payout ratio indicates the percentage of the company's profits that Imperial Brands distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
62.55 %
Jan 1, 2022
85.18 %
Jan 1, 2023
57.54 %
Jan 1, 2024
42.99 %
Jan 1, 2025
69.98 %
Jan 1, 2026 (e)
1,710.27 %
Jan 1, 2027 (e)
1,560.89 %
Jan 1, 2028 (e)
1,419.43 %

Current Imperial Brands forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
86.96 % (20)
Hold
13.04 % (3)
Sell
0.00 % (0)
12M Price Target
36.72
Last Price
27.91
Currency
GBP
12M Return Potential
31.57 %
LTM Return
0 %

Imperial Brands Analyst Rating Actions

DateFirmActionRatingReliability
6/17/2016
RBC Capital
RBC Capital
UpgradeUnderperformPerform52
6/16/2016
RBC Capital
RBC Capital
UpgradeUnderperformSector Perform52

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Imperial Brands Earnings Calls

2025

Imperial Brands Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/14/20241.27GBP-4.55 BGBP-2024 Q2
5/15/20231.29GBP-4.51 BGBP-2023 Q2
11/15/20221.53GBP-4.90 BGBP-2022 Q4
5/17/20221.11GBP-4.08 BGBP-2022 Q2
11/16/20211.43GBP-4.60 BGBP-2021 Q4
5/18/20211.11GBP-4.08 BGBP-2021 Q2
11/17/20201.58GBP-4.93 BGBP-2020 Q4
5/19/20201.06GBP-5.43 BGBP-2020 Q2
11/5/20191.70GBP-4.86 BGBP-2019 Q4
5/8/20191.21GBP-4.25 BGBP-2019 Q2

EESG©

Eulerpool ESG Scorecard© for the Imperial Brands stock

94/100
99
Environment
95
Social
87
Governance
E

Environment

20
Scope 1 - Direct Emissions73,437
Scope 2 - Indirect emissions from purchased energy108,470
Scope 3 - Indirect emissions within the value chain981,703
Total CO₂ emissions181,907
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees41
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Imperial Brands shareholder structure

% Name
11.08949%
Capital Research Global Investors
Capital Research Global Investors
5.65775%
Spring Mountain Investments, Ltd.
Spring Mountain Investments, Ltd.
5.06880%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
2.58530%
Dodge & Cox
Dodge & Cox
1.99379%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
1.52017%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
...

Imperial Brands Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.6%
Float Shares
-
Shares Outstanding
-

Imperial Brands Executives and Management Board

20 members · avg. age 59 · 50 % women

LP

Mr. Lukas Paravicini (60)

Chief Executive Officer, Executive Director · since 2021

4.28 M GBP

Management

MM

Mr. Murray Henry Mcgowan

Chief Financial Officer · since 2025

–
PK

Ms. Priyali Kamath

President, Africa, Asia, Australasia, and Central & Eastern Europe (AAACE) Region

–
KR

Ms. Kim Reed

President and Chief Executive Officer, Americas Region

–
AS

Mr. Ales Struminsky

President, Europe Region

–
AC

Ms. Alison Clarke

Chief People and Culture Officer

–
KM

Mr. Kevin Massie

General Counsel

–

Board of Directors

TE

Ms. Therese Esperdy (64)

Independent Non-Executive Chairman of the Board

725,000.00 GBP
SC

Ms. Sue Clark (61)

Senior Non-Executive Independent Director

152,000.00 GBP
AG

Mr. Andrew Gilchrist (46)

Non-Executive Independent Director

125,000.00 GBP
JS

Mr. Jonathan Stanton (57)

Non-Executive Independent Director

122,000.00 GBP
NE

Ms. Ngozi Edozien

Non-Executive Independent Director

118,000.00 GBP
AJ

Mr. Alan Johnson (68)

Non-Executive Independent Director

99,000.00 GBP

Frequently asked questions about Imperial Brands

Imperial Brands PLC operates under a business model focused on the production, marketing, and sale of tobacco, tobacco-related products, and next-generation products. As a leading international tobacco company, Imperial Brands PLC incorporates a diverse portfolio of tobacco brands, including Davidoff, West, Gauloises Blondes, and JPS. They aim to meet the evolving preferences of adult smokers by providing a range of traditional and alternative tobacco products, such as e-cigarettes and oral nicotine. With their commitment to innovation, consumer satisfaction, and responsible practices, Imperial Brands PLC constantly strives to enhance their competitive position in the global tobacco industry.

Imperial Brands PLC is primarily active in the tobacco industry.

The main competitors of Imperial Brands PLC in the market include Philip Morris International Inc., British American Tobacco plc, and Japan Tobacco International.

Imperial Brands PLC, formerly known as Imperial Tobacco Group, is a global tobacco company based in Bristol, England. With a rich history dating back to 1901, the company has established itself as a leading player in the tobacco industry. Over the years, Imperial Brands PLC has expanded its portfolio beyond traditional tobacco products to include brands in the vaping, oral nicotine, and tobacco heating segments. Leveraging its expertise and extensive distribution networks, the company operates in over 160 countries worldwide, serving millions of consumers. Imperial Brands PLC continues to innovate and adapt to changing consumer preferences while upholding its commitment to delivering quality products responsibly.

Imperial Brands PLC has achieved significant milestones throughout its history. The company expanded its global presence by acquiring several tobacco and vaping brands, strengthening its market position. Imperial Brands also introduced innovative products, such as tobacco heating devices, which have gained popularity among consumers. In addition, the company successfully diversified its portfolio by entering the e-cigarette market and expanding into the cannabis industry. Imperial Brands focused on enhancing its sustainability practices by implementing various initiatives, aiming to reduce its environmental impact. These milestones demonstrate the company's commitment to growth, innovation, and sustainability.

Imperial Brands PLC primarily operates in various countries and regions worldwide. The company has a significant presence in Europe, with a strong focus on the United Kingdom, Germany, and Spain. Additionally, Imperial Brands has a considerable market presence in the Americas, particularly in the United States, where it gained a significant market share through its subsidiary ITG Brands. The company also has a growing presence in Asia, specifically in Australia and Japan. Imperial Brands PLC's global reach allows it to effectively serve its customers and target a diverse range of markets across different continents.

Imperial Brands PLC represents a set of core values and a strong corporate philosophy. The company is committed to responsibly providing adult consumers with a range of high-quality tobacco and next-generation products. Imperial Brands PLC prioritizes innovation, constantly seeking new ways to meet consumer preferences and evolving market demands. The company firmly believes in conducting business ethically and with integrity, ensuring compliance with all relevant laws and regulations. With a global presence, Imperial Brands PLC strives to create value for shareholders, customers, and the communities it operates in, while also promoting sustainability and environmental responsibility.

Analysts currently set an average price target of 3,574.64 GBP for the Imperial Brands stock (median: 3,672.00 GBP), implying +28.1 % versus the latest price. The consensus is based on 23 analyst ratings.

Imperial Brands Analyst Price Targets 2026

23 analysts currently rate the Imperial Brands stock: 20 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Imperial Brands to generate revenue of 10.07 B GBP and earnings per share of 3.31 GBP.

Imperial Brands Analyst Price Targets 2026

Converted at the current exchange rate, the Imperial Brands share trades at 32.58 EUR (27.91 GBP).

The Imperial Brands share (IMB.L) is listed on 10 stock exchanges, including: XETRA (ITB.DE), Frankfurt (ITB.F), München (ITB.MU), Stuttgart (ITB.SG), Düsseldorf (ITB.DU), Berlin (ITB.BE), London (IMB.L), London (IMB.L).

Imperial Brands PLC is a global tobacco company based in the UK. The company was founded in 1901 and is one of the largest providers of tobacco products worldwide. Imperial Brands PLC operates in various areas and has a diversified portfolio of tobacco products. The business model of Imperial Brands PLC aims to offer a wide range of products to meet the demand of customers worldwide. The company operates in various sectors, including tobacco products, e-cigarettes, liquid systems, and accessories. One of the main divisions of Imperial Brands PLC is the manufacture and sale of tobacco products. The company has a wide range of products, including cigarettes, fine cut tobacco, pipe tobacco, and cigars. These products are distributed under various brand names such as Davidoff, Gauloises, John Player Special, West, and Golden Virginia. With these brands, Imperial Brands PLC can serve customers with different needs and preferences. Imperial Brands PLC also has a division that focuses on the development and sale of e-cigarettes. The e-cigarettes by Imperial Brands carry the brand name blu and are available in various flavors and strengths. The company also offers liquid systems and accessories such as chargers and pods to help customers optimize their e-cigarette experience. Imperial Brands PLC has a diversified portfolio of products to offer customers a wide range of options. The company provides a wide range of tobacco products and e-cigarettes to meet the needs of a broad customer base. This broad portfolio allows the company to address the needs of customers worldwide and provide them with the best possible experience. Another important factor of the business model of Imperial Brands PLC is the focus on innovation and investment. The company has a team of researchers and developers who continuously work on the development of new products and technologies. The company also heavily invests in advertising and promoting its products to reach more customers. In summary, Imperial Brands PLC offers a wide range of tobacco products and e-cigarettes to meet the demands of various customers worldwide. The company is strong in innovation and investment to ensure its competitiveness in the constantly growing market. With a focus on customer needs and the development of new products, Imperial Brands PLC is well positioned to achieve further success in the future.

The expected revenue of Imperial Brands is 10.07 B GBP. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Imperial Brands is 2.75 B GBP. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Imperial Brands is currently 8.43. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Imperial Brands stock.

The price-to-sales ratio (P/S) of Imperial Brands is currently 2.30. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Imperial Brands stock.

The Eulerpool Quality Score for Imperial Brands is 4/10.

The ISIN of Imperial Brands is GB0004544929. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Imperial Brands is 903000. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Imperial Brands is IMB.L. The ticker symbol is used to trade Imperial Brands shares on the stock exchange.

Over the past 12 months, Imperial Brands paid a dividend of 1.75 GBP . This corresponds to a dividend yield of about 6.25 %. For the coming 12 months, Imperial Brands is expected to pay a dividend of 56.82 GBP.

The current dividend yield of Imperial Brands is 6.25 %.

Imperial Brands pays a dividend, distributed in the months of , , , .

Imperial Brands paid dividends every year for the past 29 years.

For the upcoming 12 months, dividends amounting to 56.82 GBP are expected. This corresponds to a dividend yield of 203.59 %.

Imperial Brands is assigned to the 'Non-cyclical consumption' sector.

In the year 2025, Imperial Brands distributed 1.49 GBP as dividends.

The dividends of Imperial Brands are distributed in GBP.

All fundamentals and in-depth analysis of Imperial Brands

Our stock analysis for Imperial Brands stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Imperial Brands. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Imperial Brands Stock
Imperial Brands Revenue→
Imperial Brands Stock
Imperial Brands Net Income→
Imperial Brands Stock
Imperial Brands P/E→
Imperial Brands Stock
Imperial Brands P/S→
Imperial Brands Stock
Imperial Brands EBIT→
Imperial Brands Stock
Imperial Brands Dividend→
Imperial Brands Stock
Imperial Brands Directors Dealings→
Imperial Brands Stock
Imperial Brands Stocks→
Imperial Brands Stock
Imperial Brands Market capitalization→
Imperial Brands Stock
Imperial Brands Debt→
Imperial Brands Stock
Imperial Brands Liabilities→
Imperial Brands Stock
Imperial Brands Equity→
Imperial Brands Stock
Imperial Brands AAQS→
Imperial Brands Stock
Imperial Brands Employees→
Imperial Brands Stock
Imperial Brands ROE→
Imperial Brands Stock
Imperial Brands ROA→
Imperial Brands Stock
Imperial Brands ROCE→
Imperial Brands Stock
Imperial Brands News→
Imperial Brands Stock
Imperial Brands Analyst Price Targets→

Non-cyclical consumption Stocks

Imuraya Group CoImagenetixIndian SucroseIkapharmindo Putramas Tbk PTIndo Oil Perkasa Tbk PTIK Holdings CoIndo Pureco Pratama Tbk PTIfuji Sangyo CoIndo Us Bio-TechiFreshIndofood Agri ResourcesIFB Agro IndustriesAll Stocks A–Z →