Brown-Forman Corporation

Brown-Forman Corporation

BF-B · NYSE · Consumer Defensive / Beverages - Wineries & Distilleries

30.65USD+0.61 (+2.03%)

Price History

Full chart

Market Stats

Previous Close30.04
Open30.14
Day Range30.10 – 30.93
52-Week Range22.23 – 30.85
Volume1.94M
Market Cap13.77B
P/E (TTM)19.35
Forward P/E16.98
EPS1.55
Dividend Yield3.08%
Beta0.31
50-Day Avg27.15
200-Day Avg27.04

About

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.

Company Details

  • SectorConsumer Defensive
  • IndustryBeverages - Wineries & Distilleries
  • CEOMr. Lawson E. Whiting
  • Employees4.90K
  • Headquarters850 Dixie Highway, Louisville, KY, United States, 40210, USA
  • Websitehttps://www.brown-forman.com

Leadership

  • Mr. Marshall B. FarrerExecutive Chairman · b. 1971
  • Mr. Lawson E. WhitingCEO, President & Director · b. 1968
  • Mr. James W. PetersExecutive VP & CFO · b. 1970
  • Mr. Michael E. Carr Jr.Executive Vice President, General Counsel & Secretary · b. 1980
  • Mr. Campbell P. BrownExecutive Director · b. 1968
  • Mr. Michael Andrew MasickExecutive VP & President of Americas · b. 1979
  • Mr. Yiannis PafilisExecutive Vice President of Europe, Africa & Asia Pacific · b. 1971
  • Ms. Angela S. EnyardSenior VP, Chief Accounting Officer & Treasurer · b. 1989
  • Mr. Timothy M. NallExecutive VP, Chief Global Supply Chain & Technology Officer · b. 1971
  • Mr. Larry CombsChief Information Officer and Director of Supply Chain Integration & Strategy

Financials

Income Statement

Currency: USD1987-04-301988-04-301989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Revenue1.10B1.07B1.01B1.02B1.12B1.26B1.41B1.40B1.42B1.54B1.58B1.67B1.78B1.88B1.92B1.96B2.06B2.21B2.31B1.98B2.22B2.58B2.48B2.47B2.59B2.72B2.85B2.99B3.13B3.09B2.99B3.25B3.32B3.36B3.46B3.93B4.23B4.18B3.98B3.93B
Growth (%)--2.87%-5.70%+1.07%+10.06%+12.62%+12.25%-0.93%+1.34%+8.72%+2.59%+5.37%+6.41%+5.69%+2.50%+1.77%+5.21%+7.43%+4.47%-14.53%+12.25%+16.41%-3.91%-0.49%+4.76%+5.29%+4.61%+4.98%+4.78%-1.44%-3.08%+8.48%+2.34%+1.17%+2.91%+13.64%+7.50%-1.18%-4.86%-1.18%
Cost of Revenue514.20M489.30M412.70M392.10M426.90M487.00M554.70M538.00M552.80M618.00M630.00M639.00M676.00M712.00M718.00M825.00M878.00M915.00M912.00M655.00M737.00M887.00M904.00M857.60M862.10M928.40M894.00M913.00M951.00M945.00M973.00M1.05B1.16B1.24B1.37B1.54B1.73B1.65B1.63B1.55B
Gross Profit583.90M577.30M593.10M624.50M692.00M773.10M859.80M863.40M867.40M926.00M954.00M1.03B1.10B1.17B1.21B1.13B1.18B1.30B1.40B1.32B1.48B1.70B1.58B1.61B1.72B1.79B1.96B2.08B2.18B2.14B2.02B2.20B2.17B2.13B2.09B2.39B2.49B2.53B2.34B2.38B
Gross Margin53.17%54.13%58.97%61.43%61.85%61.35%60.78%61.61%61.08%59.97%60.23%61.71%61.94%62.07%62.68%57.87%57.38%58.65%60.55%66.85%66.77%65.65%63.56%65.26%66.67%65.91%68.62%69.48%69.66%69.41%67.50%67.80%65.16%63.25%60.50%60.79%58.99%60.46%58.94%60.54%
Operating Expense401.80M385.60M384.70M399.40M468.50M539.40M604.50M623.10M599.60M652.00M667.00M723.00M778.00M817.00M832.00M780.00M810.00M917.00M955.00M758.00M879.00M1.01B916.00M901.30M869.40M1.01B1.06B1.11B1.16B611.00M1.03B1.16B1.02B1.04B928.00M1.19B1.37B1.38B1.18B1.27B
Operating Income182.10M191.70M208.40M225.10M223.50M233.70M255.30M240.30M267.80M274.00M287.00M307.00M322.00M348.00M374.00M353.00M372.00M381.00M445.00M563.00M602.00M685.00M661.00M710.00M855.00M788.00M898.00M971.00M1.03B1.53B989.00M1.04B1.14B1.09B1.17B1.20B1.13B1.15B1.17B1.11B
Operating Margin16.58%17.97%20.72%22.14%19.97%18.55%18.05%17.15%18.86%17.75%18.12%18.39%18.13%18.54%19.44%18.03%18.06%17.22%19.25%28.49%27.14%26.53%26.64%28.76%33.06%28.93%31.52%32.46%32.77%49.63%33.03%31.99%34.42%32.44%33.69%30.61%26.66%27.45%29.36%28.23%
EBITDA202.60M213.20M229.50M250.50M249.00M263.30M290.40M276.90M311.30M320.00M337.00M358.00M377.00M410.00M491.00M408.00M427.00M423.00M488.00M605.00M646.00M745.00M722.00M772.00M914.00M840.00M949.00M1.02B1.08B1.59B1.05B1.10B1.20B1.17B1.24B1.27B1.19B1.51B1.29B1.20B
EBITDA Margin18.45%19.99%22.82%24.64%22.25%20.90%20.53%19.76%21.92%20.73%21.28%21.45%21.23%21.84%25.52%20.84%20.73%19.11%21.11%30.62%29.13%28.85%29.10%31.27%35.34%30.84%33.31%34.14%34.40%51.51%34.97%33.96%36.16%34.64%35.80%32.42%28.07%36.19%32.45%30.58%
Net Income89.60M103.40M144.50M81.00M145.20M146.40M156.20M128.50M148.60M160.00M169.00M185.00M202.00M218.00M233.00M228.00M245.00M258.00M308.00M320.00M389.00M440.00M435.00M449.20M571.60M513.20M591.00M659.00M684.00M1.07B669.00M717.00M835.00M827.00M903.00M838.00M783.00M1.02B869.00M715.00M
Net Income Margin8.16%9.69%14.37%7.97%12.98%11.62%11.04%9.17%10.46%10.36%10.67%11.08%11.37%11.61%12.11%11.64%11.89%11.66%13.32%16.19%17.54%17.04%17.53%18.19%22.10%18.84%20.74%22.03%21.83%34.54%22.34%22.08%25.12%24.59%26.09%21.31%18.52%24.51%21.86%18.20%
Interest Expense00000000000000000000049.00M37.00M28.00M29.00M31.00M33.00M24.00M25.00M46.00M56.00M62.00M88.00M82.00M81.00M82.00M90.00M127.00M122.00M89.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.90%1.49%1.13%1.12%1.14%1.16%0.80%0.80%1.49%1.87%1.91%2.65%2.44%2.34%2.08%2.13%3.04%3.07%2.27%

Balance Sheet

Currency: USD1987-04-301988-04-301989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Assets1.06B932.30M1.00B1.02B1.08B1.19B1.31B1.23B1.29B1.38B1.43B1.49B1.74B1.80B1.94B2.02B2.26B2.38B2.62B2.73B3.55B3.40B3.48B3.38B3.71B3.48B3.63B4.10B4.19B4.18B4.63B4.98B5.14B5.78B6.52B6.37B7.78B8.17B8.09B7.89B
Total Liabilities478.80M489.70M447.60M425.70M422.00M458.30M492.90M770.20M739.70M747.00M698.00M677.00M818.00M754.00M752.00M705.00M1.42B1.29B1.31B1.17B1.98B1.68B1.66B1.49B1.65B1.41B2.00B2.07B2.29B2.62B3.25B3.66B3.49B3.80B3.87B3.64B4.51B4.65B4.09B3.87B
Total Equity577.90M442.60M555.70M595.30M660.60M735.20M818.10M463.70M545.90M634.00M730.00M817.00M917.00M1.05B1.19B1.31B840.00M1.08B1.31B1.56B1.57B1.73B1.82B1.90B2.06B2.07B1.63B2.03B1.91B1.56B1.37B1.32B1.65B1.98B2.66B2.74B3.27B3.52B3.99B4.02B
Cash28.60M49.10M95.60M105.80M93.70M50.00M74.90M30.50M62.50M54.00M58.00M78.00M171.00M180.00M86.00M116.00M72.00M68.00M295.00M475.00M283.00M119.00M340.00M232.00M567.00M338.00M204.00M437.00M370.00M263.00M182.00M239.00M307.00M675.00M1.15B868.00M374.00M446.00M444.00M308.00M
Total Debt219.00M191.80M141.10M115.30M114.50M135.00M160.80M358.20M302.30M267.00M70.00M164.00M297.00M267.00M244.00M207.00M836.00M680.00M631.00M576.00M1.18B1.01B999.00M699.00M759.00M510.00M1.00B1.00B1.19B1.50B2.15B2.56B2.49B2.60B2.56B2.27B2.91B3.10B2.73B2.15B
Net Debt190.40M142.70M45.50M9.50M20.80M85.00M85.90M327.70M239.80M213.00M12.00M86.00M126.00M87.00M158.00M91.00M764.00M612.00M336.00M101.00M894.00M887.00M659.00M467.00M192.00M172.00M798.00M568.00M818.00M1.24B1.97B2.32B2.19B1.93B1.41B1.40B2.54B2.65B2.29B1.84B

Cash Flow

Currency: USD1989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Operating Cash Flow138.20M125.40M134.40M156.20M192.90M220.90M197.30M171.00M183.00M220.00M213.00M241.00M231.00M250.00M243.00M306.00M396.00M344.00M355.00M534.00M491.00M545.00M527.00M516.00M537.00M649.00M608.00M524.00M639.00M632.00M800.00M724.00M817.00M936.00M640.00M647.00M598.00M1.00B
Investing Cash Flow1.90M-36.30M-65.20M-123.50M-47.30M18.90M-42.20M-71.00M-63.00M-46.00M-117.00M-119.00M-212.00M-76.00M-226.00M-63.00M-16.00M-4.00M-1.04B28.00M-37.00M-35.00M203.00M-68.00M-97.00M-127.00M-125.00M433.00M-422.00M-128.00M-119.00M-141.00M98.00M-127.00M-1.35B49.00M249.00M-71.00M
Financing Cash Flow-93.70M-78.90M-81.30M-76.40M-120.60M-284.20M-123.20M-108.00M-116.00M-154.00M-3.00M-113.00M-113.00M-144.00M-61.00M-247.00M-153.00M-160.00M487.00M-736.00M-216.00M-637.00M-406.00M-662.00M-576.00M-288.00M-531.00M-1.06B-285.00M-466.00M-599.00M-191.00M-485.00M-1.04B239.00M-618.00M-843.00M-1.07B
Capital Expenditure38.00M50.10M51.50M52.10M33.60M27.40M51.10M59.00M55.00M44.00M100.00M78.00M96.00M71.00M127.00M56.00M49.00M53.00M92.00M66.00M54.00M34.00M39.00M58.00M95.00M126.00M120.00M108.00M112.00M127.00M119.00M113.00M62.00M138.00M183.00M228.00M167.00M107.00M
Free Cash Flow100.20M75.30M82.90M104.10M159.30M193.50M146.20M112.00M128.00M176.00M113.00M163.00M135.00M179.00M116.00M250.00M347.00M291.00M263.00M468.00M437.00M511.00M488.00M458.00M442.00M523.00M488.00M416.00M527.00M505.00M681.00M611.00M755.00M798.00M457.00M419.00M431.00M893.00M
Dividends Paid43.00M53.10M60.50M65.00M71.60M73.80M67.40M71.00M73.00M76.00M79.00M83.00M87.00M94.00M99.00M97.00M111.00M128.00M143.00M362.00M169.00M174.00M326.00M192.00M1.06B233.00M256.00M266.00M274.00M773.00M310.00M325.00M338.00M831.00M378.00M404.00M420.00M427.00M
FCF to OCF72.50%60.05%61.68%66.65%82.58%87.60%74.10%65.50%69.95%80.00%53.05%67.63%58.44%71.60%47.74%81.70%87.63%84.59%74.08%87.64%89.00%93.76%92.60%88.76%82.31%80.59%80.26%79.39%82.47%79.91%85.13%84.39%92.41%85.26%71.41%64.76%72.07%89.30%
Dividend Paid to FCF42.91%70.52%72.98%62.44%44.95%38.14%46.10%63.39%57.03%43.18%69.91%50.92%64.44%52.51%85.34%38.80%31.99%43.99%54.37%77.35%38.67%34.05%66.80%41.92%240.50%44.55%52.46%63.94%51.99%153.07%45.52%53.19%44.77%104.14%82.71%96.42%97.45%47.82%

Earnings

Report DateJun 8, 1995Aug 22, 1995Nov 16, 1995Feb 21, 1996May 28, 1996Aug 22, 1996Nov 21, 1996Feb 20, 1997May 28, 1997Aug 21, 1997Nov 21, 1997Feb 26, 1998May 27, 1998Aug 26, 1998Nov 20, 1998Feb 26, 1999May 26, 1999Aug 27, 1999Nov 23, 1999Feb 18, 2000Apr 30, 2000Aug 25, 2000Nov 16, 2000Feb 15, 2001May 25, 2001Aug 23, 2001Nov 20, 2001Feb 20, 2002May 24, 2002Aug 27, 2002Nov 22, 2002Feb 24, 2003May 30, 2003Aug 27, 2003Nov 25, 2003Feb 24, 2004May 27, 2004Aug 26, 2004Nov 23, 2004Feb 22, 2005May 25, 2005Aug 24, 2005Nov 22, 2005Mar 1, 2006Jun 1, 2006Aug 31, 2006Nov 30, 2006Mar 6, 2007Jun 5, 2007Aug 30, 2007Nov 29, 2007Feb 29, 2008Jun 5, 2008Aug 28, 2008Dec 5, 2008Mar 10, 2009Jun 10, 2009Sep 2, 2009Dec 8, 2009Mar 10, 2010Jun 9, 2010Sep 1, 2010Dec 9, 2010Mar 8, 2011Jun 9, 2011Aug 31, 2011Dec 8, 2011Mar 7, 2012Jun 6, 2012Aug 29, 2012Dec 5, 2012Mar 6, 2013Jun 5, 2013Aug 28, 2013Dec 4, 2013Mar 5, 2014Jun 4, 2014Aug 27, 2014Dec 3, 2014Mar 4, 2015Jun 3, 2015Aug 26, 2015Dec 2, 2015Mar 2, 2016Jun 8, 2016Aug 31, 2016Dec 7, 2016Mar 7, 2017Jun 7, 2017Aug 30, 2017Dec 6, 2017Mar 7, 2018Jun 6, 2018Aug 29, 2018Dec 5, 2018Mar 6, 2019Jun 5, 2019Aug 28, 2019Dec 5, 2019Mar 4, 2020Jun 9, 2020Sep 1, 2020Dec 8, 2020Mar 3, 2021Jun 9, 2021Sep 1, 2021Dec 8, 2021Mar 3, 2022Jun 8, 2022Aug 31, 2022Dec 7, 2022Mar 8, 2023Jun 7, 2023Aug 30, 2023Dec 6, 2023Mar 6, 2024Jun 5, 2024Aug 29, 2024Dec 5, 2024Mar 5, 2025Jun 5, 2025Aug 28, 2025Dec 4, 2025Mar 4, 2026Jun 4, 2026Aug 27, 2026
EPS Estimate0.050.050.080.060.050.050.090.060.060.050.090.070.070.060.100.080.070.060.110.08-0.070.120.090.080.060.120.090.080.050.140.100.100.070.150.130.100.080.170.150.100.100.180.150.120.150.200.180.110.170.210.220.160.190.240.200.130.170.230.190.140.220.270.230.170.220.290.270.200.250.310.280.190.280.360.300.230.290.420.340.260.300.400.380.290.290.400.380.320.310.430.410.230.390.520.450.300.370.520.500.280.300.510.430.330.400.530.480.260.470.550.480.430.530.510.560.420.460.490.460.340.370.480.470.320.37
EPS Actual0.060.050.080.060.060.050.090.060.060.050.090.070.070.060.100.080.070.060.110.090.080.070.120.090.080.060.120.090.170.060.130.110.100.070.150.140.100.090.180.150.100.100.190.170.130.160.200.190.120.160.220.220.160.180.250.180.140.220.260.210.130.200.280.260.210.220.290.250.190.280.320.290.190.260.380.330.250.280.390.350.260.300.390.380.320.290.400.380.300.370.500.440.370.410.520.470.330.390.590.480.270.400.500.450.250.400.490.540.310.520.470.210.430.480.500.600.560.410.550.570.310.360.470.580.120.38
Surprise20.00%0.00%0.00%0.00%20.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%12.50%-0.00%0.00%0.00%0.00%0.00%0.00%0.00%112.50%20.00%-7.14%10.00%0.00%0.00%0.00%7.69%0.00%12.50%5.88%0.00%0.00%0.00%5.56%13.33%8.33%6.67%0.00%5.56%9.09%-5.88%4.76%0.00%0.00%-5.26%4.17%-10.00%7.69%29.41%13.04%10.53%-7.14%-9.09%3.70%13.04%23.53%0.00%0.00%-7.41%-5.00%12.00%3.23%3.57%0.00%-7.14%5.56%10.00%8.70%-3.45%-7.14%2.94%0.00%0.00%-2.50%0.00%10.34%0.00%0.00%0.00%-6.25%19.35%16.28%7.32%60.87%5.13%0.00%4.44%10.00%5.41%13.46%-4.00%-3.57%33.33%-1.96%4.65%-24.24%0.00%-7.55%12.50%19.23%10.64%-14.55%-56.25%0.00%-9.43%-1.96%7.14%33.33%-10.87%12.24%23.91%-8.82%-2.70%-2.08%23.40%-62.50%2.70%
Timing-------Pre-marketPre-marketPre-marketPre-market-----------------Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap13.77B
Enterprise Value15.43B
Trailing P/E19.35
Forward P/E16.98
PEG Ratio2.19
Price / Sales3.52
Price / Book3.32
EPS1.55
Book Value8.65
Revenue (TTM)3.92B
Gross Profit (TTM)2.38B
EBITDA1.19B
Profit Margin18.42%
Operating Margin27.55%
Return on Equity18.12%
Return on Assets8.63%
Shares Outstanding290.38M
Shares Float318.59M
Beta0.31
Dividend Yield3.08%
Dividend Rate0.92
Payout Ratio59.61%

Analyst Ratings

Hold
Based on 18 analystsTarget 28.26
  • Strong Buy
    1
  • Buy
    1
  • Hold
    12
  • Sell
    2
  • Strong Sell
    2

Dividends

20263×
0.23Sep 3, 20260.23Jun 10, 20260.23Mar 9, 2026
20254×
0.23Dec 5, 20250.23Sep 3, 20250.23Jun 9, 20250.23Mar 7, 2025
20244×
0.23Dec 6, 20240.22Sep 3, 20240.22Jun 7, 20240.22Mar 7, 2024
20234×
0.22Nov 30, 20230.21Sep 1, 20230.21Jun 7, 20230.21Mar 7, 2023
20224×
0.21Dec 1, 20220.19Sep 2, 20220.19Jun 7, 20220.19Mar 7, 2022
20215×
1.00Dec 8, 20210.19Dec 2, 20210.18Sep 2, 20210.18Jun 7, 20210.18Mar 5, 2021

Stock Splits

  • Mar 1, 20185:4
  • Aug 19, 20162:1
  • Aug 13, 20123:2
  • Oct 28, 20085:4
  • Jan 21, 20042:1
  • May 31, 19943:1
  • Apr 2, 19873:2
  • Jul 17, 19812:1