Brown-Forman Corporation logo

Brown-Forman Corporation

BF-B

NYSEConsumer DefensiveBeverages - Wineries & Distilleries

Previous close

$28.44

+$0.03 · +0.11%

Aug 21, 4:00 PM ET

BF-B company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

56

Fair Value

Momentum

39

Weakening

Sentiment

68

Bullish

Risk resilience

72

Moderate Risk

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Company profile

Company website

Brown-Forman Corporation, along with its subsidiaries, operates globally within the alcoholic beverage industry. The company is actively involved in the production, distillation, bottling, international trade (importing and exporting), marketing, and sale of a diverse portfolio of alcoholic products. Its extensive offerings encompass a wide variety of spirits, wines, and whiskey products, including specialty whiskey spirits and flavored whiskey liqueurs. The range also features convenient ready-to-drink and ready-to-pour options, pre-mixed cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and other liqueurs. These beverages are primarily marketed under prominent brands such as Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin. Beyond beverage sales, Brown-Forman also engages in the sale of used barrels, bulk whiskey, and wine, in addition to offering contract bottling services. The company's distribution model involves reaching retail customers and end consumers through independent distributors or state governments, while directly supplying retailers, wholesalers, and provincial governments. With a history dating back to its founding in 1870, Brown-Forman Corporation is headquartered in Louisville, Kentucky, and conducts substantial operations across the United States, Germany, Australia, the United Kingdom, Mexico, and numerous other international markets.

Industry
Beverages - Wineries & Distilleries
Sector
Consumer Defensive
Headquarters
US
CEO
Lawson E. Whiting
Listed since
Mar 17, 1980
Employees
4,900

Market position

Day range

Current $28.44

52-week range

Current $28.44

Open
$28.12
Previous close
$28.41
Volume
2.26M
0.72× average
Average volume
3.13M
Average daily volume
Market cap
13.26B USD
Beta
0.34
Market reference 1
50-day average
$27.136
+4.81% above average
200-day average
$27.2437
+4.39% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.86B USD
P/E (TTM)
18.71×
P/B (TTM)
3.25×
P/S (TTM)
3.38×
EV / EBITDA
12.5×
Earnings yield
5.95%
Free cash flow yield
7.43%
Dividend yield
3.23%

Profitability & efficiency

Gross margin
60.54%
Operating margin
29.02%
Net margin
18.20%
Return on equity
17.79%
Return on assets
9.06%
Return on invested capital
13.31%

Financial health

Debt / equity
0.54×
Current ratio
3.24×
Altman Z-score
4.27
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%48%31%14%Gross margin, FY2022: 60.79%Gross margin, FY2023: 58.99%Gross margin, FY2024: 60.46%Gross margin, FY2025: 58.94%Gross margin, FY2026: 60.54%Operating margin, FY2022: 30.61%Operating margin, FY2023: 26.66%Operating margin, FY2024: 27.45%Operating margin, FY2025: 29.36%Operating margin, FY2026: 28.23%Net margin, FY2022: 21.31%Net margin, FY2023: 18.52%Net margin, FY2024: 24.51%Net margin, FY2025: 21.86%Net margin, FY2026: 18.20%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 60.79%. Gross margin FY2023 58.99%. Gross margin FY2024 60.46%. Gross margin FY2025 58.94%. Gross margin FY2026 60.54%. Operating margin FY2022 30.61%. Operating margin FY2023 26.66%. Operating margin FY2024 27.45%. Operating margin FY2025 29.36%. Operating margin FY2026 28.23%. Net margin FY2022 21.31%. Net margin FY2023 18.52%. Net margin FY2024 24.51%. Net margin FY2025 21.86%. Net margin FY2026 18.20%.

Income trends

Revenue

3.93B USD-1.18%

Operating income

1.11B USD-4.97%

Net income

715M USD-17.72%
Income trends across reported periods4.58B USD3.17B USD1.77B USD363.7M USDRevenue, FY2022: 3.93B USDRevenue, FY2023: 4.23B USDRevenue, FY2024: 4.18B USDRevenue, FY2025: 3.98B USDRevenue, FY2026: 3.93B USDOperating income, FY2022: 1.2B USDOperating income, FY2023: 1.13B USDOperating income, FY2024: 1.15B USDOperating income, FY2025: 1.17B USDOperating income, FY2026: 1.11B USDNet income, FY2022: 838M USDNet income, FY2023: 783M USDNet income, FY2024: 1.02B USDNet income, FY2025: 869M USDNet income, FY2026: 715M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.93B USD. Revenue FY2023 4.23B USD. Revenue FY2024 4.18B USD. Revenue FY2025 3.98B USD. Revenue FY2026 3.93B USD. Operating income FY2022 1.2B USD. Operating income FY2023 1.13B USD. Operating income FY2024 1.15B USD. Operating income FY2025 1.17B USD. Operating income FY2026 1.11B USD. Net income FY2022 838M USD. Net income FY2023 783M USD. Net income FY2024 1.02B USD. Net income FY2025 869M USD. Net income FY2026 715M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue3.93B USD3.98B USD4.18B USD4.23B USD3.93B USD
Cost of goods sold1.55B USD1.63B USD1.65B USD1.73B USD1.54B USD
Gross profit2.38B USD2.34B USD2.53B USD2.49B USD2.39B USD
Selling, general, and administrative1.27B USD1.23B USD1.36B USD1.25B USD1.13B USD
Operating expenses1.27B USD1.18B USD1.38B USD1.37B USD1.19B USD
Interest income17M USD14M USD9M USD5M USD
Interest expense89M USD122M USD127M USD90M USD82M USD
Depreciation and amortization87M USD87M USD80M USD79M USD
Operating income1.11B USD1.17B USD1.15B USD1.13B USD1.2B USD
Net income715M USD869M USD1.02B USD783M USD838M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.53
FY2026 · -16.85% year over year
Latest fiscal-year revenue
3.93B USD
FY2026 · -1.18% year over year
Next fiscal-year EPS consensus
1.7
FY2027 · 16 analysts
Next fiscal-year revenue consensus
3.95B USD
FY2027 · 16 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.221.951.681.4FY22FY23FY24FY25FY26FY27FY28FY29

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend4.26B4.13B4B3.87BFY22FY23FY24FY25FY26FY27FY28FY29

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

36 ratings
Strong buy00%
Buy514%
Hold2467%
Sell719%
Strong sell00%

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