Brown-Forman-B

US · BF.B #1323 by market cap Listed 1970

25.94 -0.41 -1.56%

Live - 5344 symbols - heartbeat 271s ago · 2026-10-08 07:00

Pre-market 25.85 -0.35%

After-hours 25.94 0.00%

Overnight 25.76 -0.69%

Market cap: 11.90B
P/E (TTM): 16.74
P/B: 3.00
EPS: 1.53
Div yield: 3.55%
52W pos: 43%

Reader sentiment Are you bullish or bearish on BF.B?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.13, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -1.18% YoY

Margins

Gross margin: 60.54%
Operating margin: 29.33%
Net margin: 18.20%

Key ratios & quality

Enterprise value: 14.10B
Altman Z-Score: 4.13

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	3.32B	3.36B	3.46B	3.93B	4.23B	4.18B	3.98B	3.93B
Gross profit	2.17B	2.13B	2.09B	2.39B	2.49B	2.53B	2.34B	2.38B
Selling & admin expenses	1.04B	1.03B	1.07B	1.13B	1.25B	1.36B	1.23B	1.27B
Research & development	--	--	--	--	--	--	--	--
Operating profit	1.14B	1.09B	1.04B	1.20B	1.13B	1.15B	1.21B	1.15B
Pretax profit	1.04B	1.01B	1.08B	1.11B	1.02B	1.30B	1.08B	885.00M
Tax	207.00M	182.00M	178.00M	276.00M	234.00M	274.00M	212.00M	170.00M
Net profit	835.00M	827.00M	903.00M	838.00M	783.00M	1.02B	869.00M	715.00M
Basic EPS	2	2	2	2	2	2	2	2
Diluted EPS	1.73	1.72	1.88	1.74	1.63	2.14	1.84	1.53

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Revenue	894.00M	924.00M	1.04B	1.06B	912.00M	911.00M
Gross profit	513.00M	552.00M	615.00M	640.00M	571.00M	549.00M
Selling & admin expenses	300.00M	297.00M	313.00M	304.00M	355.00M	299.00M
Research & development	--	--	--	--	--	--
Operating profit	279.00M	272.00M	309.00M	343.00M	228.00M	252.00M
Pretax profit	183.00M	220.00M	279.00M	315.00M	71.00M	229.00M
Tax	37.00M	50.00M	55.00M	48.00M	17.00M	53.00M
Net profit	146.00M	170.00M	224.00M	267.00M	54.00M	176.00M
Basic EPS	0	0	0	1	0	0
Diluted EPS	0.31	0.36	0.47	0.58	0.12	0.38

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	2.72B	3.27B	3.92B	3.78B	3.80B	4.04B	4.20B	3.99B
Cash & ST investments	307.00M	675.00M	1.15B	868.00M	374.00M	446.00M	444.00M	308.00M
Inventory	1.52B	1.69B	1.75B	1.82B	2.28B	2.56B	2.51B	2.54B
Total assets	5.14B	5.77B	6.52B	6.37B	7.78B	8.17B	8.09B	7.89B
Total current liabilities	703.00M	880.00M	918.00M	1.03B	1.08B	1.56B	1.08B	1.23B
Short-term debt	166.00M	333.00M	205.00M	250.00M	235.00M	728.00M	312.00M	419.00M
Long-term debt	2.29B	2.27B	2.35B	2.02B	2.68B	2.37B	2.42B	2.08B
Total liabilities	3,492,000,000.00	3,791,000,000.00	3,866,000,000.00	3,636,000,000.00	4,509,000,000.00	4,649,000,000.00	4,093,000,000.00	3,874,000,000.00
Total equity	1.65B	1.98B	2.66B	2.74B	3.27B	3.52B	3.99B	4.02B
Retained earnings	2.24B	2.71B	3.24B	3.24B	3.64B	4.26B	4.71B	5.00B

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Total current assets	4.20B	4.18B	4.21B	4.23B	3.99B	3.96B
Cash & ST investments	444.00M	471.00M	319.00M	383.00M	308.00M	301.00M
Inventory	2.51B	2.59B	2.56B	2.56B	2.54B	2.57B
Total assets	8.09B	8.17B	8.22B	8.30B	7.89B	7.83B
Total current liabilities	1.08B	1.50B	1.42B	1.53B	1.23B	1.21B
Short-term debt	312.00M	626.00M	575.00M	656.00M	419.00M	359.00M
Long-term debt	2.42B	2.08B	2.07B	2.09B	2.08B	2.08B
Total liabilities	4,093,000,000.00	4,183,000,000.00	4,087,000,000.00	4,220,000,000.00	3,874,000,000.00	3,856,000,000.00
Total equity	3.99B	3.99B	4.13B	4.08B	4.02B	3.97B
Retained earnings	4.71B	4.67B	4.89B	5.05B	5.00B	4.96B

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	800.00M	724.00M	817.00M	936.00M	640.00M	647.00M	598.00M	1.00B
Depreciation & amortization	72.00M	74.00M	77.00M	79.00M	80.00M	87.00M	87.00M	92.00M
Free cash flow	679.00M	611.00M	755.00M	798.00M	457.00M	419.00M	431.00M	893.00M
Dividends paid	-310.00M	-325.00M	-338.00M	-831.00M	-378.00M	-404.00M	-420.00M	-427.00M
Stock buybacks / issuance	-207.00M	-1.00M	--	0	0	-400.00M	0	-400.00M
Ending cash balance	307.00M	675.00M	1.15B	868.00M	374.00M	446.00M	444.00M	308.00M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Operating cash flow	152.00M	160.00M	132.00M	417.00M	291.00M	173.00M
Depreciation & amortization	21.00M	22.00M	22.00M	24.00M	24.00M	23.00M
Free cash flow	102.00M	129.00M	107.00M	392.00M	265.00M	161.00M
Dividends paid	-107.00M	-107.00M	-107.00M	-107.00M	-106.00M	-106.00M
Stock buybacks / issuance	0	--	--	-301.00M	0	--
Ending cash balance	444.00M	471.00M	319.00M	383.00M	308.00M	301.00M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	56.36	45.67	39.00	31.08	26.08	30.18	23.14	17.85
ROA %	16.51	15.17	14.70	13.00	11.07	12.85	10.69	8.95
ROIC %	22.59	20.55	19.79	17.53	15.11	17.39	14.29	11.88
5-year avg ROE %	50.34	52.52	48.01	45.10	39.64	34.40	29.90	25.67
EBIT margin %	34.00	32.44	33.57	30.41	26.18	34.11	30.26	25.15
FCF / sales %	20.43	17.99	21.73	20.29	10.81	10.03	10.84	22.73
Current ratio	3.87	3.71	4.27	3.65	3.51	2.59	3.88	3.24
Quick ratio	1.30	1.41	2.07	1.63	1.13	0.78	1.18	0.93
Debt / assets	48.51	45.13	39.24	35.60	37.46	37.96	33.80	31.70
LT debt / equity	141.29	114.89	88.63	73.77	81.95	67.44	60.63	51.82
Interest coverage	12.84	13.30	14.35	14.59	12.30	11.22	9.86	9.59
Revenue CAGR (3Y) %	2.47	3.95	2.14	5.77	7.93	6.48	0.35	-2.42
Net income CAGR (3Y) %	-7.85	7.32	7.99	0.12	-1.81	4.28	1.22	-2.98
FCF CAGR (3Y) %	17.93	4.14	12.87	5.53	-9.23	-17.82	-18.56	25.02

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
ROE %	23.14	22.65	20.67	20.42	17.85	18.12
ROA %	10.69	10.31	9.79	9.86	8.95	9.01
ROIC %	14.29	13.86	12.91	13.00	11.88	12.12
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	30.26	29.46	28.88	28.16	25.15	25.47
FCF / sales %	10.84	14.79	15.69	18.67	22.73	23.63
Current ratio	3.88	2.79	2.97	2.77	3.24	3.26
Quick ratio	1.18	0.88	0.96	0.89	0.93	0.93
Debt / assets	33.80	33.06	32.20	33.06	31.70	31.21
LT debt / equity	60.63	52.03	50.12	51.18	51.82	52.48
Interest coverage	9.86	10.11	10.30	10.59	9.59	9.68
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Whiskey is the largest reported line at 72.23% of revenue, across 5 reported segments.
The next-largest line, Ready-to-Drink, is a distant second at 16.90% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Whiskey72.23%

Ready-to-Drink16.90%

Tequila5.93%

Rest of portfolio4.28%

Non-branded and bulk0.66%

Quote time 2026-10-08 07:00:13 · For reference only, not investment advice and not tailored to your situation.