Brown-Forman Corporation

Brown-Forman Corporation

BF-A
Brown-Forman CorporationUS flagNew York Stock Exchange
25.79
USD
-0.09
- -
12.11BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.34
5.6
5.92
6.09
6.18
6.76
6.94
7.04
7.23
8.21
8.82
8.77
8.41
8.32
Basic EPS, GAAP
1.11
1.23
1.29
2.1
1.38
1.49
1.74
1.73
1.89
1.75
1.63
2.15
1.84
1.72
Free Cash Flow per Basic Share
0.83
0.98
0.91
0.82
1.12
1.09
1.42
1.27
1.57
1.67
0.95
0.88
0.91
1.55
Dividend per Share
1.99
0.44
0.48
0.52
0.57
1.61
0.65
0.68
0.71
1.74
0.79
0.85
0.89
0.91
Book Value per Share
4.75
5.49
6.3
8.08
9.36
3.75
4.82
5.82
6.93
6.92
7.75
9.1
10.12
10.9
Tangible Book Value per Share
0.64
1.38
1.3
0.74
-0.05
-0.24
0.52
1.22
2.51
2.9
1.35
2.25
3.19
3.1
Basic Weighted Avg Shares
533
534
529
507
485
480
479
478
479
479
479
476
473
470
Sales/Revenue/Turnover
2,849
2,991
3,134
3,089
2,994
3,248
3,324
3,363
3,461
3,933
4,228
4,178
3,975
3,910
Operating Margin (%)
31.52
32.46
32.77
33.93
33.73
32.27
34.42
32.44
30.02
30.61
26.66
27.45
29.36
29.57
Depreciation Expense
51
50
51
56
58
64
72
74
77
79
80
87
87
89
Net Income, GAAP
591
659
684
1,067
669
717
835
827
903
838
783
1,024
869
807
Effective Tax Rate (%)
31.68
30.41
31.74
28.34
28.3
26.61
19.87
18.04
16.47
24.78
23.01
21.11
19.61
19.06
Profit Margin (%)
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
20.64
Working Capital
1,348
1,616
1,296
1,442
1,381
1,734
2,016
2,385
2,999
2,742
2,717
2,477
3,115
2,704
LT Debt
997
997
743
1,230
1,689
2,341
2,327
2,269
2,354
2,019
2,678
2,372
2,421
2,089
Total Equity
1,628
2,032
1,905
1,562
1,370
1,316
1,647
1,975
2,656
2,737
3,268
3,517
3,993
4,082
Return on Invested Capital (%)
22.97
23.03
22.18
23.88
21.58
20.38
22.44
20.14
17.38
17.32
15.2
13.94
13.87
13.79
Return on Capital (%)
17.34
18.13
16.63
21.74
11.58
13.89
19.77
17.56
17.25
15.71
13.96
15.99
12.94
11.52
Return on Common Equity (%)
21.15
24.13
21.85
28.71
15.49
22.62
40.61
32.5
29.63
25.28
22.28
25.45
19.07
16.36

Capital Structure

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
ST Debt
626
575
656
LT Borrowings
2,075
2,072
2,089
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
472
468
459
Market Capitalization
13,537
12,814
13,078

Working Capital

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
Total Current Assets
4,178
4,211
4,234
Cash, Cash Equivalents & STI
471
319
383
Accounts Receivable, Net
847
1,042
983
Inventories
2,586
2,559
2,560
Total Current Liabilities
1,497
1,416
1,530
Payables & Accruals
871
841
874
ST Debt
626
575
656
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.89%
15.62%
13.53%
Free Cash Flow
1.39%
-3.55%
2.86%
Net Income, GAAP
5.24%
2.21%
-15.14%
Sales/Revenue/Turnover
2.55%
3.6%
-4.86%
Total Cash Common Dividend
24.02%
21.24%
3.96%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,038
1,107
1,069
964
4,178
2025
951
1,095
1,035
894
3,975
2026
924
1,036
1,056
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.51
0.6
0.56
2.15
2025
0.41
0.55
0.57
0.31
1.84
2026
0.36
0.47
0.58
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.2
0.22
0.22
0.85
2025
0.22
0.22
0.23
0.23
0.89
2026
0.23
0.23
0.23
- -
- -

Company Description

APIChat
CEO
Lawson E. Whiting
Full Time Employees
5,700
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Address
850 Dixie Highway Louisville KY United States of America 40210
IPO Date
May 3, 1973
Business
Brown-Forman Corporation manufactures, bottles, imports, exports, markets and sells premium and super-premium alcoholic beverages worldwide; its core portfolio includes over 40 brands spanning spirits, ready-to-drink (RTD) cocktails and wine, with leading offerings such as Jack Daniel's family of whiskies (including Jack Daniel's Old No. 7, Gentleman Jack, Jack Daniel's Single Barrel and ready-to-drink variants like Jack Daniel's & Coca-Cola RTD), Woodford Reserve bourbon, Old Forester Kentucky Straight Bourbon Whisky (the company's founding brand), Herradura and el Jimador tequilas, Glendronach, Benriach and Glenglassaugh single malt Scotch whiskies, Slane Irish Whiskey, Korbel champagne, Chambord liqueur and Sonoma-Cutrer wines. The company operates production facilities, corporate offices and distribution in more than 70 cities across six continents, with owned distributors in 14 markets including Australia, Brazil, Canada, China, Czechia, France, Germany and Hong Kong; it serves consumers through distributors, state governments in control states and retailers in over 170 countries. Founded in 1870 and headquartered at 850 Dixie Highway in Louisville, Kentucky, Brown-Forman employs over 5,000 people globally and remains family-controlled as one of the largest American-owned spirits companies. Recent strategic changes include major U.S. distribution network realignments announced in 2025, appointing new partners such as Johnson Brothers for six states (Indiana, Minnesota, Nebraska, North Dakota, South Dakota and Texas) effective August 1, 2025, and Reyes Beverage Group for California effective May 1, 2025, to drive growth for its portfolio led by Jack Daniel's; in fiscal 2024, the company sold its Sonoma-Cutrer wine business for a 21.4% stake in The Duckhorn Portfolio Inc., $50 million cash and a transition services agreement, generating a $175 million pre-tax gain, while reporting fiscal 2025 results with a 5% net sales decline but 1% organic growth.

Company News

APIChat
  • Brown-Forman Declares Cash Dividend

  • Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports

  • Jack Daniel's Maker Brown-Forman Rejects $15 Billion Takeover Offer From Sazerac

  • Brown-Forman: A Failed Deal With Pernod Ricard Is Just The Beginning

  • Brown-Forman Stock Tumbles After Merger Talks Collapse

  • Brown-Forman Announces Distributor Changes in U.S. Control States

  • Brown‑Forman shares drop as deal talks with French spirits group Pernod collapse

  • Pernod Ricard and Brown-Forman End Deal Talks

  • Pernod Ricard and Brown-Forman Terminate Discussions Regarding Potential Combination

  • Brown-Forman and Pernod Ricard Terminate Discussions Regarding Potential Combination

  • Jack Daniel's maker Brown-Forman to favor Pernod Ricard bid over Sazerac, source says

  • Sazerac Offered to Buy Brown-Forman for Around $15 Billion

  • Sazerac won't easily gatecrash Jack Daniel's-maker's merger talks

  • Brown-Forman's stock is the S&P 500's top gainer Thursday as merger drama heats up

  • Brown-Forman Stock Soars. Jack Daniel's Maker Has Another Potential Bidder, Says Report.

  • US spirits maker Sazerac explores deal with Jack Daniel's owner, WSJ reports

  • Sazerac Eyes Deal With Jack Daniel's Maker Brown-Forman

  • Brown-Forman: A Deal With Pernod Ricard Could Be A Game Changer

  • Pernod Ricard Shares Pare Losses as Investors Warm to Mooted Brown-Forman Tie-Up

  • Pernod Ricard tie-up with Jack Daniel's maker would test family influence