Imperial Brands (IMB.L) Stock Price
Imperial Brands Price
Imperial Brands (IMB.L) — ISIN GB0004544929. The Imperial Brands stock price was 32.88 GBP in 2026. Revenue was 10.38 B GBP. Earnings were 2.93 B GBP. P/E ratio was 9.31. Imperial Brands operates in the Non-cyclical consumption sector.
Imperial Brands stock price
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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.
| Date | Imperial Brands Price |
|---|---|
| 2/26/2026 | 32.88 GBP |
| 2/25/2026 | 32.73 GBP |
| 2/24/2026 | 32.44 GBP |
| 2/23/2026 | 33.01 GBP |
| 2/20/2026 | 32.31 GBP |
| 2/19/2026 | 32.01 GBP |
| 2/18/2026 | 32.52 GBP |
| 2/17/2026 | 32.36 GBP |
| 2/16/2026 | 32.20 GBP |
| 2/13/2026 | 32.80 GBP |
| 2/12/2026 | 32.85 GBP |
| 2/11/2026 | 33.04 GBP |
| 2/10/2026 | 32.63 GBP |
| 2/9/2026 | 32.96 GBP |
| 2/6/2026 | 33.42 GBP |
| 2/5/2026 | 32.93 GBP |
| 2/4/2026 | 32.61 GBP |
| 2/3/2026 | 31.62 GBP |
| 2/2/2026 | 30.83 GBP |
Imperial Brands Revenue, EBIT, Net Income
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Imperial Brands Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (B GBP) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B GBP) |
| NET INCOME (B GBP) |
| NET INCOME GROWTH (%) |
| DIVIDEND (GBP)DIV. (GBP) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (B) |
| DOCUMENTS |
| 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e | 2030e | 2031e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.25 | 3.57 | 3.82 | 3.88 | 4.03 | 4.49 | 5.22 | 5.92 | 8.3 | 11.41 | 11.01 | 11.23 | 11.68 | 12.34 | 20.53 | 26.52 | 28.17 | 29.22 | 28.57 | 28.27 | 26.46 | 25.29 | 27.63 | 30.25 | 30.07 | 31.59 | 32.56 | 32.79 | 32.55 | 32.48 | 32.41 | 32.17 | 10.38 | 10.6 | 10.78 | 11.07 | 11.27 | 10.92 |
| – | 9.62 | 7.09 | 1.52 | 3.89 | 11.54 | 16.15 | 13.37 | 40.18 | 37.56 | -3.57 | 2.04 | 3.98 | 5.72 | 66.30 | 29.17 | 6.25 | 3.73 | -2.22 | -1.07 | -6.40 | -4.43 | 9.27 | 9.46 | -0.60 | 5.08 | 3.06 | 0.70 | -0.73 | -0.23 | -0.20 | -0.74 | -67.73 | 2.10 | 1.69 | 2.67 | 1.85 | -3.13 |
| 20.90 | 20.94 | 16.75 | 17.48 | 19.43 | 22.07 | 20.38 | 20.62 | 20.85 | 21.92 | 21.84 | 22.04 | 21.51 | 18.55 | 18.82 | 20.05 | 19.36 | 18.65 | 19.23 | 19.56 | 19.58 | 20.45 | 21.55 | 21.25 | 19.99 | 19.75 | 18.98 | 18.38 | 18.55 | 20.57 | 20.92 | 21.76 | 67.45 | 66.06 | 64.97 | 63.27 | 62.12 | 64.13 |
| 0.68 | 0.75 | 0.64 | 0.68 | 0.78 | 0.99 | 1.06 | 1.22 | 1.73 | 2.5 | 2.4 | 2.48 | 2.51 | 2.29 | 3.86 | 5.32 | 5.46 | 5.45 | 5.49 | 5.53 | 5.18 | 5.17 | 5.96 | 6.43 | 6.01 | 6.24 | 6.18 | 6.03 | 6.04 | 6.68 | 6.78 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| 0.32 | 0.31 | 0.35 | 0.21 | 0.23 | 0.29 | 0.32 | 0.35 | 0.27 | 0.42 | 0.45 | 0.78 | 0.85 | 0.91 | 0.43 | 0.66 | 1.51 | 1.8 | 0.68 | 0.91 | 1.42 | 1.69 | 0.63 | 1.41 | 1.37 | 1.01 | 1.5 | 2.83 | 1.57 | 2.33 | 2.61 | 2.07 | 2.93 | 3.22 | 3.51 | 3.61 | 3.89 | 0 |
| – | -4.32 | 11.94 | -38.90 | 8.96 | 24.24 | 12.54 | 8.36 | -22.29 | 54.78 | 5.70 | 76.18 | 8.55 | 6.35 | -52.71 | 54.91 | 127.00 | 19.34 | -62.25 | 33.48 | 57.13 | 18.92 | -62.68 | 123.30 | -2.91 | -26.17 | 48.02 | 89.57 | -44.60 | 48.28 | 12.24 | -20.74 | 41.62 | 9.68 | 9.05 | 2.79 | 7.74 | – |
| - | - | - | - | - | - | - | - | - | - | - | - | 0.64 | 0.41 | 0.81 | 0.70 | 0.85 | 0.62 | 1.10 | 1.21 | 1.33 | 1.96 | 1.56 | 1.65 | 1.82 | 2.00 | 1.62 | 1.87 | 1.40 | 1.44 | 1.51 | 1.75 | 1.60 | 3.09 | 3.41 | - | - | - |
| – | – | – | – | – | – | – | – | – | – | – | – | – | -35.94 | 97.56 | -13.58 | 21.43 | -27.06 | 77.42 | 10.00 | 9.92 | 47.37 | -20.41 | 5.77 | 10.30 | 9.89 | -19.00 | 15.43 | -25.13 | 2.86 | 4.86 | 15.89 | -8.57 | 93.12 | 10.36 | – | – | – |
| 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.77 | 0.84 | 0.84 | 0.84 | 0.81 | 0.78 | 0.85 | 1.02 | 1.02 | 1.02 | 1 | 0.98 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.95 | 0.95 | 0.95 | 0.95 | 0.93 | 0.87 | 0.83 | 0.83 | 0.83 | 0.83 | 0.83 | 0.83 | 0.83 |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.
Unlock the full history with 30+ years of data and forecast estimates.
Unlock all data — PROImperial Brands Stock Quarterly Figures
| REVENUE (B GBP) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B GBP) |
| NET INCOME (B GBP) |
| NET INCOME GROWTH (%) |
| DIVIDEND (GBP)DIV. (GBP) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (M) |
| 2017 Q4 | 2018 Q2 | 2018 Q4 | 2019 Q2 | 2019 Q4 | 2020 Q2 | 2020 Q4 | 2021 Q2 | 2021 Q4 | 2022 Q2 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q4 | 2025 Q2 | 2025 Q4 | 2026 Q2e | 2026 Q4e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.95 | 14.06 | 16.01 | 14.39 | 17.2 | 14.67 | 17.89 | 15.57 | 17.22 | 15.36 | 17.19 | 4.26 | 15.41 | 4.78 | 17.06 | 15.06 | 17.35 | 14.6 | 17.57 | 4.82 | 5.9 |
| – | -11.84 | 13.84 | -10.10 | 19.56 | -14.72 | 21.93 | -12.98 | 10.63 | -10.81 | 11.89 | -75.24 | 262.10 | -68.97 | 256.84 | -11.72 | 15.16 | -15.81 | 20.29 | -72.57 | 22.40 |
| 20.92 | 19.44 | 20.47 | 19.57 | 19.90 | 18.87 | 19.07 | 18.37 | 18.39 | 17.81 | 19.21 | 36.23 | 20.02 | 37.58 | 21.07 | 20.53 | 21.25 | 21.45 | 22.03 | 80.32 | 65.63 |
| 3.34 | 2.73 | 3.28 | 2.82 | 3.42 | 2.77 | 3.41 | 2.86 | 3.17 | 2.74 | 3.3 | 1.54 | 3.09 | 1.8 | 3.6 | 3.09 | 3.69 | 3.13 | 3.87 | 3.87 | 3.87 |
| 0.73 | 0.49 | 0.88 | 0.68 | 0.33 | 0.53 | 0.97 | 1.81 | 1.03 | 1 | 0.58 | 0.58 | 1.09 | 0.65 | 1.23 | 0.85 | 1.77 | 0.81 | 1.26 | 1.18 | 1.84 |
| – | -33.11 | 78.62 | -22.58 | -51.25 | 58.61 | 84.76 | 86.19 | -43.08 | -3.21 | -42.21 | 1.39 | 87.65 | -41.04 | 91.32 | -31.44 | 108.87 | -54.27 | 56.31 | -6.89 | 56.38 |
| - | - | - | - | - | - | - | - | - | - | - | 0.49 | - | 0.22 | - | - | - | - | - | - | - |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| 957.3 | 952 | 958.8 | 956.5 | 953.3 | 946.4 | 945.2 | 946 | 949 | 949.8 | 956.2 | 942.5 | 942.5 | 913.9 | 914 | 885 | 862.7 | 840 | 821 | 821 | 821 |
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.
Unlock the full history with 30+ years of data and forecast estimates.
Unlock all data — PROImperial Brands stock margins
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Imperial Brands Stock Sales Revenue, EBIT, Earnings per Share
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Imperial Brands business model
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 shares outstanding
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Imperial Brands stock splits
Imperial Brands Dividend History
30 years of dividend payments · 3 consecutive increases
Imperial Brands dividend history and estimates
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Imperial Brands dividend payout ratio
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Current Imperial Brands forecasts and price targets in March 2026
| Δ MOM Price Target | null % |
| Buy | 86.96 % (20) |
| Hold | 13.04 % (3) |
| Sell | null % (0) |
| 12M Price Target | 36.72 |
| Last Price | 0.36 |
| Currency | GBP |
| 12M Return Potential | 10,029.66 % |
| LTM Return | 0 % |
Imperial Brands Earnings Estimates
Imperial Brands Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 5/14/2024 | 1.27GBP | 4.55 BGBP | 2024 Q2 |
| 5/15/2023 | 1.29GBP | 4.51 BGBP | 2023 Q2 |
| 11/15/2022 | 1.53GBP | 4.9 BGBP | 2022 Q4 |
| 5/17/2022 | 1.11GBP | 4.08 BGBP | 2022 Q2 |
| 11/16/2021 | 1.43GBP | 4.6 BGBP | 2021 Q4 |
| 5/18/2021 | 1.11GBP | 4.08 BGBP | 2021 Q2 |
| 11/17/2020 | 1.58GBP | 4.93 BGBP | 2020 Q4 |
| 5/19/2020 | 1.06GBP | 5.43 BGBP | 2020 Q2 |
| 11/5/2019 | 1.7GBP | 4.86 BGBP | 2019 Q4 |
| 5/8/2019 | 1.21GBP | 4.25 BGBP | 2019 Q2 |
EESG©
Eulerpool ESG Scorecard© for the Imperial Brands stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
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 shareholders
| % | Name |
|---|---|
12.25177% | |
5.81039% | |
5.65856% | |
4.27094% | |
3.23839% | |
3.14512% | |
1.83255% | |
1.77128% | |
1.71574% | |
1.57579% |
Imperial Brands Executives and Management Board
Mr. Lukas Paravicini
(60)Chief Executive Officer, Executive Director · since 2021
Ms. Therese Esperdy
(64)Independent Non-Executive Chairman of the Board
Ms. Sue Clark
(61)Senior Non-Executive Independent Director
Mr. Andrew Gilchrist
(46)Non-Executive Independent Director
Mr. Jonathan Stanton
(57)Non-Executive Independent Director
Imperial Brands Research
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Most common questions regarding 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 stock
Imperial Brands Peer Group
Imperial Brands Ticker
Imperial Brands FIGI
All fundamentals about Imperial Brands
Our stock analysis for Imperial Brands Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.