Brown-Forman Corp (BF-A)
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages. The company provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Gentleman Jack, Herradura, el Jimador, Fords Gin, The Glendronach, Chambord, Coopers' Craft, Diplomático, Benriach, Glenglassaugh, and Slane brands. It is also involved in the sale of used barrels, and bulk whiskey and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors and state governments; and retailers, wholesalers, and provincial governments directly. It operates in the United States, Germany, Australia, the United Kingdom, Canada, Spain, France, Mexico, Poland, Brazil, Türkiye, and internationally. Brown-Forman Corporation was founded in 1870 and is headquartered in Louisville, Kentucky.
- Symbol
- BF-A
- Exchange
- NYSE
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- Market cap
- $12.21B
- 52 week range
- 23.01 - 31.14
Valuation
- Share price
- $26.62 (close of 2026-09-23)
- P/E (TTM)
- 17.17x
- Price to book
- 3.08x
- Price to free cash flow
- 13.20x
- Enterprise value
- $14.35B
- Book value per share
- $8.65
Price performance
| Period | Change |
|---|
| 1 day | -0.41% |
| 5 days | +0.04% |
| 1 month | -8.40% |
| 3 months | -2.31% |
| 6 months | +13.91% |
| Year to date | +1.18% |
| 1 year | -0.37% |
| 3 years | -57.01% |
| 5 years | -58.75% |
| 10 years | -10.34% |
| All time | +12576.19% |
Profitability and growth
- Return on equity
- 17.79%
- Return on invested capital
- 13.37%
- Return on assets
- 9.06%
- Return on capital employed
- 15.03%
- Gross margin
- 60.54%
- Net margin
- 18.20%
- EBITDA margin
- 27.83%
- Revenue growth
- -1.18%
- Net income growth
- -17.72%
- Free cash flow growth
- 107.19%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 7.57%
- Current ratio
- 3.26x
- Net debt to EBITDA
- 1.96x
Latest reported year
- Period end
- 2026-04-30
- Fiscal year
- 2026
- Revenue
- $3.93B
- Cost of revenue
- $1.55B
- Gross profit
- $2.38B
- EBITDA
- $1.09B
- Net income
- $715.00M
- Earnings per share
- $1.53
- Interest expense
- $103.00M
- Shares outstanding
- 466.33M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2026-04-30 | $3.93B | $2.38B | $715.00M | $1.53 |
| 2025-04-30 | $3.98B | $2.34B | $869.00M | $1.84 |
| 2024-04-30 | $4.18B | $2.53B | $1.02B | $2.15 |
| 2023-04-30 | $4.23B | $2.49B | $783.00M | $1.63 |
| 2022-04-30 | $3.93B | $2.39B | $838.00M | $1.75 |
| 2021-04-30 | $3.46B | $2.09B | $903.00M | $1.89 |
| 2020-04-30 | $3.36B | $2.13B | $827.00M | $1.73 |
| 2019-04-30 | $3.32B | $2.17B | $835.00M | $1.74 |
| 2018-04-30 | $3.25B | $2.20B | $717.00M | $1.49 |
| 2017-04-30 | $2.99B | $2.02B | $669.00M | $1.38 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2026-04-30 | 60.54% | 18.20% | 17.79% | 13.37% |
| 2025-04-30 | 58.94% | 21.86% | 21.76% | 14.25% |
| 2024-04-30 | 60.46% | 24.51% | 29.12% | 18.47% |
| 2023-04-30 | 58.99% | 18.52% | 23.96% | 15.38% |
| 2022-04-30 | 60.79% | 21.31% | 30.62% | 22.03% |
| 2021-04-30 | 60.50% | 26.09% | 34.00% | 25.15% |
| 2020-04-30 | 63.25% | 24.59% | 41.87% | 22.98% |
| 2019-04-30 | 65.16% | 25.12% | 50.70% | 24.79% |
| 2018-04-30 | 67.80% | 22.08% | 54.48% | 23.05% |
| 2017-04-30 | 67.50% | 22.34% | 48.83% | 23.86% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2026-04-30 | $308.00M | $2.08B |
| 2025-04-30 | $444.00M | $2.42B |
| 2024-04-30 | $446.00M | $2.37B |
| 2023-04-30 | $374.00M | $2.68B |
| 2022-04-30 | $868.00M | $2.02B |
| 2021-04-30 | $1.15B | $2.35B |
| 2020-04-30 | $675.00M | $2.27B |
| 2019-04-30 | $307.00M | $2.29B |
| 2018-04-30 | $239.00M | $2.34B |
| 2017-04-30 | $182.00M | $1.69B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2026-04-30 | $893.00M | $32.00M |
| 2025-04-30 | $431.00M | $28.00M |
| 2024-04-30 | $419.00M | $25.00M |
| 2023-04-30 | $457.00M | $18.00M |
| 2022-04-30 | $798.00M | $15.00M |
| 2021-04-30 | $755.00M | $12.00M |
| 2020-04-30 | $611.00M | $11.00M |
| 2019-04-30 | $681.00M | $14.00M |
| 2018-04-30 | $526.00M | $19.00M |
| 2017-04-30 | $544.00M | $14.00M |
Dividend history
- Most recent payment
- 2026-09-03
- Paid in the last twelve months
- $0.92
| Payment date | Dividend per share |
|---|
| 2026-09-03 | $0.23 |
| 2026-06-10 | $0.23 |
| 2026-03-09 | $0.23 |
| 2025-12-05 | $0.23 |
| 2025-09-03 | $0.23 |
| 2025-06-09 | $0.23 |
| 2025-03-07 | $0.23 |
| 2024-12-06 | $0.23 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2025-06-03 | - | - |
| 2025-03-04 | - | - |
| 2024-12-04 | - | - |
| 2024-08-29 | - | - |
| 2024-06-05 | - | - |
| 2024-03-06 | - | - |
| 2023-10-30 | - | - |
| 2023-07-30 | - | - |
Filings and sources
- Company website
- brown-forman.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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