Brown-Forman Corporation Financial Ratios — BF-A Stock

Profitability (USD)

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Return on Common Equity (%)	24.85	31.97	36.01	34.75	61.55	45.63	53.39	56.36	45.67	39	31.08	26.08	30.18	23.14	17.85
Return on Assets (%)	14.27	16.64	17.05	16.5	25.49	15.19	14.94	16.51	15.17	14.7	13	11.07	12.85	10.69	8.95
Return on Capital (%)	19.78	23.64	23.9	22.94	35.77	21.61	20.75	22.6	20.52	19.83	17.6	15.24	17.57	14.5	12.05
Return on Invested Capital (%)	19.35	22.97	23.03	22.18	23.88	21.58	20.38	22.44	20.14	17.38	17.32	15.2	14.02	14.43	13.86
Gross Margin (%)	65.92	68.62	69.48	69.66	69.41	67.5	67.8	65.16	63.25	60.5	60.79	58.99	60.46	58.94	60.54
EBITDA Margin (%)	30.74	33.31	34.14	34.4	35.74	35.67	34.24	36.58	34.64	32.25	32.62	28.55	29.7	32.73	31.67
Operating Margin (%)	28.94	31.52	32.46	32.77	33.93	33.73	32.27	34.42	32.44	30.02	30.61	26.66	27.62	30.54	29.33
Incremental Operating Margin (%)	-48.91	87.3	51.41	39.16	-46.67	40	14.96	126.32	-135.9	-53.06	34.96	-26.1	-54	-29.56	131.91
Pretax Margin (%)	27.91	30.36	31.66	31.97	48.2	31.16	30.08	31.35	30	31.23	28.32	24.05	31.07	27.19	22.53
Profit Margin (%)	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	18.2
Net Income to Common Margin (%)	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	18.2
Effective Tax Rate (%)	32.5	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	19.21
Dvd Payout Ratio (%)	37.43	179.86	35.36	37.43	24.93	40.96	107.81	37.13	39.3	37.43	99.16	48.28	39.45	48.33	59.72
Sustainable Growth Rate (%)	15.55	-25.53	23.28	21.74	46.21	26.94	-4.17	35.44	27.72	24.4	0.26	13.49	18.28	11.96	7.19

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Total Debt	510	1,002	1,005	1,183	1,501	2,149	2,556	2,493	2,602	2,559	2,269	2,913	3,100	2,733	2,502
ST Debt	7	5	8	440	271	460	215	166	333	205	250	235	728	312	419
LT Debt	503	997	997	743	1,230	1,689	2,341	2,327	2,269	2,354	2,019	2,678	2,372	2,421	2,083
Total Debt/EBITDA	0.61	1.06	0.98	1.1	1.36	2.01	2.3	2.05	2.23	2.29	1.77	2.41	2.5	2.1	2.01
Net Debt/EBITDA	0.21	0.84	0.56	0.75	1.12	1.84	2.08	1.75	1.65	1.26	1.09	2.1	2.14	1.76	1.76
Total Debt/EBIT	0.65	1.12	1.04	1.15	1.43	2.13	2.44	2.18	2.38	2.46	1.88	2.58	2.69	2.25	2.17
Net Debt/EBIT	0.22	0.89	0.58	0.79	1.18	1.95	2.21	1.86	1.77	1.36	1.16	2.25	2.3	1.89	1.9
EBITDA to Interest Expense	27	26.36	39.27	39.93	24	18.1	16.35	13.82	14.21	13.78	15.65	13.41	9.77	10.66	12.08
EBITDA-CapEx/Interest Expense	24.9	23.69	34.38	35.33	21.65	16.2	14.47	12.44	12.76	12.98	13.96	11.38	7.98	9.3	11.04
EBIT to Interest Expense	25.42	24.94	37.35	38.04	22.78	17.12	15.41	13	13.3	12.83	14.68	12.52	9.09	9.95	11.18
Interest Expense	31	36	26	27	46	59	68	88	82	81	82	90	127	122	103
Common Equity/Total Assets	59.51	44.9	49.52	45.49	37.34	29.62	26.45	32.05	34.25	40.72	42.95	42.02	43.07	49.38	50.92
Long-Term Debt/Equity (%)	24.31	61.24	49.06	39	78.75	123.28	177.89	141.29	114.89	88.63	73.77	81.95	67.44	60.63	51.82
Long-Term Debt/Capital (%)	19.5	37.91	32.83	24.06	40.16	48	60.46	56.21	49.57	45.14	40.33	43.33	35.85	35.99	31.94
Long-Term Debt/Total Assets (%)	14.47	27.5	24.3	17.74	29.4	36.52	47.05	45.28	39.35	36.09	31.68	34.43	29.05	29.94	26.39
Total Debt/Equity (%)	24.65	61.55	49.46	62.1	96.09	156.86	194.22	151.37	131.75	96.35	82.9	89.14	88.14	68.44	62.24
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt/Total Assets (%)	14.67	27.63	24.49	28.25	35.88	46.46	51.37	48.51	45.13	39.24	35.6	37.46	37.96	33.8	31.69
Net Debt to Equity	8.31	49.02	27.95	42.68	79.26	143.58	176.06	129.51	97.57	53.05	51.19	77.69	75.46	57.33	54.58
Net Debt/Capital (%)	7.68	32.89	21.85	29.91	44.21	58.95	63.78	55.65	49.38	34.66	33.86	43.72	43.01	36.44	35.31
EBITDA	837	949	1,021	1,078	1,104	1,068	1,112	1,216	1,165	1,116	1,283	1,207	1,241	1,301	1,244
EBITDA-CapEx	772	853	894	954	996	956	984	1,095	1,046	1,051	1,145	1,024	1,013	1,134	1,137
Operating Income (Loss)	788	898	971	1,027	1,048	1,010	1,048	1,144	1,091	1,039	1,204	1,127	1,154	1,214	1,152

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Cash Ratio	0.84	0.43	0.78	0.39	0.33	0.19	0.29	0.44	0.77	1.25	0.84	0.35	0.29	0.41	0.25
Current Ratio	4.33	3.85	3.88	2.35	2.82	2.42	3.11	3.87	3.71	4.27	3.65	3.51	2.59	3.88	3.24
Quick Ratio	2.01	1.59	1.79	0.99	1.04	0.76	1.07	1.3	1.41	2.07	1.63	1.13	0.78	1.18	0.93
CFO/Avg Current Liab	0.93	1.22	1.26	0.8	0.6	0.75	0.73	1.05	0.91	0.91	0.96	0.6	0.49	0.45	0.87
Common Equity/Total Assets	59.51	44.9	49.52	45.49	37.34	29.62	26.45	32.05	34.25	40.72	42.95	42.02	43.07	49.38	50.92
Long-Term Debt/Equity (%)	24.31	61.24	49.06	39	78.75	123.28	177.89	141.29	114.89	88.63	73.77	81.95	67.44	60.63	51.82
Long-Term Debt/Capital (%)	19.5	37.91	32.83	24.06	40.16	48	60.46	56.21	49.57	45.14	40.33	43.33	35.85	35.99	31.94
Long-Term Debt/Total Assets (%)	14.47	27.5	24.3	17.74	29.4	36.52	47.05	45.28	39.35	36.09	31.68	34.43	29.05	29.94	26.39
Total Debt/Equity (%)	24.65	61.55	49.46	62.1	96.09	156.86	194.22	151.37	131.75	96.35	82.9	89.14	88.14	68.44	62.24
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt/Total Assets (%)	14.67	27.63	24.49	28.25	35.88	46.46	51.37	48.51	45.13	39.24	35.6	37.46	37.96	33.8	31.69
CFO/Total Liabilities	36.65	26.88	31.34	26.63	19.99	20.15	17.84	22.91	19.1	21.13	25.74	14.19	13.92	14.61	25.81
CFO/CapEx	7.94	5.59	5.11	4.9	4.85	5.86	5.1	6.61	6.08	12.57	6.78	3.5	2.84	3.58	9.35
Altman's Z-Score	8.93	8.05	8.46	8.06	8.17	6.95	7.37	7.67	7.41	8.27	8.06	7.36	5.95	5.66	5.19

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Accounts Receivable Turnover	5.61	5.57	5.36	5.44	5.41	5.37	5.43	5.33	5.7	5.23	5.02	5.07	5.15	4.97	4.73
Days Sales Outstanding	65.08	65.53	68.16	67.08	67.47	68.03	67.2	68.52	63.98	69.76	72.67	72	70.94	73.41	77.22
Inventory Turnover	1.37	1.16	1.07	1.04	0.94	0.84	0.79	0.8	0.77	0.8	0.86	0.85	0.68	0.64	0.61
Days Inventory Outstanding	267.26	314.17	341.61	352.14	387.6	435.9	462.18	456.88	473.23	458.72	422.4	431.62	534.57	566.62	595.07
Accounts Payable Turnover	8.07	7.98	7.25	7.95	8.57	9.22	7.94	8.55	9.97	9.46	8.25	8.36	6.7	6.22	6.92
Accounts Payable Turnover Days	45.21	45.76	50.34	45.89	42.57	39.6	45.98	42.71	36.6	38.59	44.24	43.65	54.51	58.65	52.72
Cash Conversion Cycle	287.13	333.94	359.43	373.33	412.49	464.32	483.4	482.69	500.61	489.89	450.83	459.97	551	581.39	619.57
Inventory to Cash Days	-202.18	-248.64	-273.46	-285.06	-320.13	-367.87	-394.98	-388.36	-409.25	-388.96	-349.74	-359.62	-463.64	-493.21	-517.85
Inventories	712	827	882	953	1,054	1,270	1,379	1,520	1,685	1,751	1,818	2,283	2,556	2,511	2,543
Raw Materials	50	57	47	61	85	92	90	85	101	128	126	191	218	90	85
Work In Process	115	137	144	121	116	119	117	152	172	199	225	321	396	378	414
Finished Goods	547	633	691	771	853	1,059	1,172	1,283	1,412	1,424	1,467	1,771	1,942	2,043	2,044
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Market Capitalization	8,977	11,268	14,211	14,390	15,315	13,784	25,671	24,956	27,124	34,157	29,900	31,577	23,190	16,328	12,055
- Cash & Cash Equivalents	338	204	437	370	263	182	239	307	675	1,150	868	374	446	444	308
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	510	1,002	1,005	1,183	1,501	2,149	2,556	2,493	2,602	2,559	2,269	2,913	3,100	2,733	2,502
Enterprise Value	9,149	12,066	14,779	15,203	16,553	15,751	27,988	27,142	29,051	35,566	31,301	34,116	25,844	18,617	14,249
Total Capital	2,579	2,630	3,037	3,088	3,063	3,519	3,872	4,140	4,577	5,215	5,006	6,181	6,617	6,726	6,522
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt / EV	0.06	0.08	0.07	0.08	0.09	0.14	0.09	0.09	0.09	0.07	0.07	0.09	0.12	0.15	0.18
EV/Sales	3.36	4.24	4.94	4.85	5.36	5.26	8.62	8.17	8.64	10.28	7.96	8.07	6.19	4.68	3.63
EV/EBITDA	10.93	12.71	14.47	14.1	14.99	14.75	25.17	22.32	24.94	31.87	24.4	28.27	20.83	14.31	11.45
EV/EBIT	11.61	13.44	15.22	14.8	15.79	15.59	26.71	23.73	26.63	34.23	26	30.27	22.4	15.34	12.37
EV/Cash Flow to Firm	17.04	21.48	22.15	24.27	29.72	22.56	39.82	31.18	36.72	40.2	31.37	48.1	34.59	26.75	13.15
EV/Free Cash Flow to Firm	15.2	18.35	18.61	20.26	24.89	19.44	33.68	27.37	31.92	37.45	27.56	38.23	26.5	21.57	11.97
Diluted Market Cap	9,102	11,335	14,319	14,692	15,821	14,013	25,844	25,212	27,249	34,296	29,997	31,653	23,417	16,369	12,266
Diluted Enterprise Value	9,274	12,133	14,887	15,505	17,059	15,980	28,161	27,398	29,176	35,705	31,398	34,192	26,071	18,658	14,460
EV per Share	17.17	22.58	27.69	29.14	33.48	32.81	58.19	56.88	60.75	74.29	65.34	71.18	54.69	39.46	31.06
TTM Sales	2,723	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	3,928
TTM EBITDA	837	949	1,021	1,078	1,104	1,068	1,112	1,216	1,165	1,116	1,283	1,207	1,241	1,301	1,244
TTM Operating Income	788	898	971	1,027	1,048	1,010	1,048	1,144	1,091	1,039	1,204	1,127	1,154	1,214	1,152
TTM Cash Flow to Firm	537	562	667	626	557	698	703	871	791	885	998	709	747	696	1,083
TTM Free Cash Flow to Firm	602	658	794	750	665	810	831	992	910	950	1,136	892	975	863	1,190

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Price/Free Cash Flow	15.67	17.91	18.45	20.07	25.03	18.25	33.09	27.37	32.32	38.88	27.93	38.46	26.76	21.4	11.08
EV/EBIT	11.61	13.44	15.22	14.8	15.79	15.59	26.71	23.73	26.63	34.23	26	30.27	22.4	15.34	12.37
Enterprise Value	9,149	12,066	14,779	15,203	16,553	15,751	27,988	27,142	29,051	35,566	31,301	34,116	25,844	18,617	14,249
Low Price	12	16.21	19.55	24.31	27.63	26.99	28.48	44.42	41.03	54.29	57.92	56.97	48.92	30.82	23.01
EV/Sales	3.36	4.24	4.94	4.85	5.36	5.26	8.62	8.17	8.64	10.28	7.96	8.07	6.19	4.68	3.63
EV/EBITDA	10.93	12.71	14.47	14.1	14.99	14.75	25.17	22.32	24.94	31.87	24.4	28.27	20.83	14.31	11.45
Price/Earnings	17.62	19.04	21.56	21.33	14.73	20.8	35.75	30	32.77	37.81	35.67	40.32	22.83	18.82	17.14
Price/Earnings Average	15.44	17.12	18.14	20.96	15.44	21.41	25.59	28.87	33.57	35.5	37.82	41.12	28.43	22.32	18.68
Price/Earnings High	17.79	20.06	22.01	22.64	17.47	23.94	37.58	33.1	39.37	43.99	43.52	46.88	33.8	27.36	23.45
Price/Earnings Low	12.55	14.63	15.83	18.8	13.14	19.55	19.08	25.48	23.7	28.77	33.1	34.86	22.76	16.76	15.01
Price/Book Value	4.34	6.92	6.99	7.55	9.8	10.06	19.51	15.15	13.73	12.86	10.92	9.66	6.59	4.09	3
Price/Book Value Average	3.8	6.22	5.88	7.42	10.27	10.36	13.96	14.58	14.07	12.08	11.58	9.86	8.21	4.85	3.27
Price/Book Value High	4.38	7.3	7.14	8.02	11.62	11.58	20.5	16.72	16.5	14.96	13.33	11.23	9.76	5.94	4.1
Price/Book Value Low	3.09	5.32	5.13	6.66	8.74	9.46	10.41	12.87	9.93	9.79	10.14	8.36	6.57	3.64	2.63
Price/Tangible Book Value	11.45	32.85	19.33	20.95	40.62	-574.33	-219.41	100.23	46.45	28.44	21.51	48.81	21.63	10.83	7.75
Price/Tangible Book Value Average	10.03	29.54	16.26	20.58	42.56	-591.13	-157.02	96.44	47.58	26.71	22.81	49.78	26.94	12.85	8.45
Price/Tangible Book Value High	11.57	34.63	19.73	22.24	48.16	-661.15	-230.63	110.57	55.8	33.09	26.24	56.75	32.03	15.75	10.61
Price/Tangible Book Value Low	8.15	25.25	14.19	18.46	36.23	-539.92	-117.08	85.12	33.6	21.64	19.96	42.2	21.57	9.65	6.79
Price/Sales	3.32	3.95	4.75	4.66	5.09	4.65	7.89	7.54	8.06	9.87	7.6	7.47	5.6	4.12	3.12
Price/Sales Average	2.91	3.55	4	4.57	5.33	4.78	5.65	7.25	8.26	9.26	8.06	7.62	6.97	4.88	3.4
Price/Sales High	3.35	4.16	4.85	4.94	6.03	5.35	8.3	8.31	9.68	11.48	9.27	8.68	8.28	5.98	4.27
Price/Sales Low	2.36	3.04	3.49	4.1	4.54	4.37	4.21	6.4	5.83	7.51	7.05	6.46	5.58	3.66	2.73
Price/Cash Flow	17.51	20.95	21.9	24	30	21.21	39.26	31.31	37.43	41.79	31.94	49.32	36.13	27.36	12.26
Price/Cash Flow Average	15.35	18.84	18.42	23.57	31.43	21.83	28.09	30.13	38.35	39.24	33.86	50.31	44.99	32.43	13.36
Price/Cash Flow High	17.69	22.08	22.35	25.47	35.57	24.42	41.26	34.54	44.97	48.62	38.96	57.35	53.49	39.76	16.77
Price/Cash Flow Low	12.47	16.1	16.07	21.15	26.76	19.94	20.95	26.59	27.08	31.8	29.63	42.65	36.02	24.36	10.73
Price/Free Cash Flow Average	13.73	16.1	15.52	19.72	26.23	18.78	23.68	26.34	33.11	36.51	29.61	39.23	33.33	25.37	12.08
Price/Free Cash Flow High	15.82	18.87	18.83	21.31	29.68	21	34.78	30.2	38.84	45.24	34.07	44.72	39.62	31.1	15.16
Price/Free Cash Flow Low	11.16	13.76	13.55	17.69	22.33	17.15	17.66	23.25	23.38	29.59	25.92	33.26	26.68	19.05	9.7
EV/Sales Average	2.95	3.84	4.19	4.77	5.59	5.4	6.37	7.88	8.84	9.67	8.42	8.22	7.55	5.45	3.9
EV/Sales High	3.39	4.45	5.04	5.13	6.28	5.96	9.02	8.94	10.26	11.89	9.63	9.28	8.85	6.55	4.76
EV/Sales Low	2.41	3.32	3.68	4.31	4.82	4.99	4.93	7.03	6.41	7.92	7.41	7.06	6.17	4.23	3.25
EV/EBITDA Average	9.6	11.52	12.26	13.87	15.65	15.13	18.6	21.55	25.51	30	25.8	28.79	25.41	16.64	12.33
EV/EBITDA High	11.04	13.36	14.76	14.93	17.57	16.7	26.35	24.44	29.63	36.87	29.52	32.52	29.81	20	15.02
EV/EBITDA Low	7.84	9.97	10.77	12.52	13.49	13.97	14.4	19.23	18.5	24.55	22.72	24.73	20.77	12.94	10.25
EV/EBIT Average	10.2	12.17	12.9	14.56	16.49	15.99	19.74	22.9	27.24	32.23	27.49	30.83	27.33	17.83	13.31
EV/EBIT High	11.73	14.11	15.52	15.67	18.51	17.66	27.96	25.98	31.64	39.6	31.46	34.83	32.05	21.44	16.22
EV/EBIT Low	8.33	10.53	11.33	13.14	14.21	14.78	15.28	20.44	19.75	26.37	24.21	26.48	22.33	13.86	11.07
Last Price	16.85	21.09	26.63	27.58	30.98	28.71	53.37	52.3	56.72	71.35	62.42	65.88	49.07	34.61	26.28
High Price	17.02	22.23	27.18	29.28	36.73	33.05	56.1	57.7	68.15	83.01	76.15	76.6	72.65	50.31	35.96
Enterprise Value Average	8,039	10,929	12,522	14,950	17,282	16,154	20,688	26,199	29,715	33,483	33,102	34,746	31,534	21,648	15,333
Enterprise Value High	9,240	12,675	15,072	16,090	19,396	17,835	29,301	29,719	34,517	41,148	37,878	39,255	36,988	26,024	18,689
Enterprise Value Low	6,565	9,458	11,001	13,497	14,897	14,925	16,016	23,382	21,548	27,399	29,146	29,846	25,774	16,829	12,749

Shares Outstanding	533	534	534	522	494	480	481	477	478	479	479	479	473	472	459
Diluted Weighted Avg Shares	540	537	538	533	511	488	484	482	480	481	481	480	477	473	467
Basic Weighted Avg Shares	536	533	534	529	507	485	480	479	478	479	479	479	476	473	466
Revenue per Share	5.08	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	8.42
EBITDA per Share	1.56	1.78	1.91	2.04	2.18	2.2	2.32	2.54	2.44	2.33	2.68	2.52	2.6	2.75	2.67
Operating Income per Share	1.47	1.68	1.82	1.94	2.07	2.08	2.18	2.39	2.28	2.17	2.51	2.35	2.42	2.57	2.47
Basic EPS, GAAP	0.96	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	1.53
Basic EPS from Cont Ops	0.96	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	1.53
Diluted EPS, GAAP	0.95	1.1	1.23	1.28	2.09	1.37	1.48	1.73	1.72	1.88	1.74	1.63	2.15	1.84	1.53
Diluted EPS from Cont Ops	0.95	1.1	1.23	1.28	2.09	1.37	1.48	1.73	1.72	1.88	1.74	1.63	2.15	1.84	1.53
Dividend per Share	0.36	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	0.92
Cash Flow per Share	0.96	1.01	1.22	1.15	1.03	1.35	1.36	1.67	1.52	1.71	1.95	1.34	1.36	1.27	2.14
Free Cash Flow per Basic Share	0.84	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	1.91
Cash & Equivalents per Share	0.63	0.38	0.82	0.71	0.53	0.38	0.5	0.64	1.41	2.4	1.81	0.78	0.94	0.94	0.67
Book Value per Share	3.88	3.05	3.81	3.65	3.16	2.85	2.74	3.45	4.13	5.55	5.71	6.82	7.44	8.46	8.76
Tangible Book Value per Share	1.47	0.64	1.38	1.32	0.76	-0.05	-0.24	0.52	1.22	2.51	2.9	1.35	2.27	3.19	3.39

Brown-Forman Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)