BF-B
Brown-Forman Corporation
Consumer Defensive · Beverages - Wineries & Distilleries
NYSE
$26.56
52W $23 – $36
15.5×
P/E TTM
0.16
PEG
17.2×
P/FCF
3.1×
P/Book
3.2×
P/Sales
11.4×
EV/EBITDA
34.3×
EV/FCF
3.7×
EV/Sales
3.4%
Div Yield
20.6%
Net Margin
10.8%
FCF Margin
12.2%
ROIC
$26.56
USDFY2025FY2024FY2023FY2022FY2021
Revenue3.98B4.18B4.23B3.93B3.46B
YoY Growth-4.9%-1.2%+7.5%+13.6%
Gross Profit2.34B2.53B2.49B2.39B2.09B
Gross Margin58.9%60.5%59.0%60.8%60.5%
R&D
SG&A1.23B1.35B1.25B1.13B1.07B
EBIT1.20B1.43B1.11B1.20B1.16B
EBIT Margin30.3%34.1%26.2%30.4%33.6%
D&A87.00M87.00M80.00M79.00M77.00M
EBITDA1.29B1.51B1.19B1.27B1.24B
EBITDA Margin32.5%36.2%28.1%32.4%35.8%
Net Income869.00M1.02B783.00M838.00M903.00M
Net Margin21.9%24.5%18.5%21.3%26.1%
EPS (diluted)$1.84$2.15$1.63$1.74$1.88
Shares (dil., M)473477481481481

Company Brief

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the 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 brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.

CEOLawson E. WhitingEmployees5,700IPO Date1980-03-17CountryUSWebsitewww.brown-forman.com
Profitability (TTM)
Gross Margin59.5%
EBITDA Margin30.4%
EBIT Margin28.1%
Net Margin20.6%
FCF Margin10.8%
ROE19.9%
ROIC12.2%
ROA9.7%
ROCE16.5%
Asset Turnover0.47×
Capital Efficiency (TTM)
ROIC12.2%
ROE19.9%
ROA9.7%
ROCE16.5%
Asset Turnover0.47×
FCF Margin10.8%
Net Margin20.6%
Ownership
Insider buys (12m)
Insider sells (12m)5 / 71K sh
Float96.5%
Shares Out.469.6M
Analyst Price Targets
Mean Target
Median Target
High Target
Low Target
vs. Mean
Buy / Hold / Sell
Balance Sheet
Cash & ST Invest.$444.0M
Total Debt$2.7B
Net Cash / (Debt)-$2.3B
Total Assets$8.1B
Total Equity$4.0B
Goodwill & Intang.$2.5B
Tangible Book/sh$3.09
Liquidity & Leverage
Current Ratio2.77×
Quick Ratio1.09×
D/E Ratio0.67×
Debt / Assets33.1%
Net Debt / EBITDA1.97×
Interest Coverage10.72×
Beta (5yr)0.40
Growth (CAGR)
Revenue 1yr-4.9%
Revenue 3yr+0.4%
Revenue 5yr+3.5%
EPS 1yr-14.4%
EPS 3yr+1.9%
EPS 5yr-0.5%
FCF 5yr-13.1%
Dividend 5yr-29.9%
Dividends
Annual DPS$0.92
Yield (fwd)3.45%
Payout Ratio53.0%
Ex-div Date2026-03-09
Pay Date2026-04-01
DPS history
20212026
Capital Allocation (last FY)
Capex$167.0M
Capex / Revenue4.2%
SBC$28.0M
Dividends Paid$420.0M
Buybacks$0
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Data: Financial Modeling Prep · Not investment adviceUpdated 3/31/2026