Brown-Forman (BF.B) | Financial Analysis & Statements

Brown-Forman Corporation | Large-cap | Consumer Defensive

$27.78

-1.73%

Brown-Forman vs Brown-Forman Brown-Forman vs MGP Ingredients Brown-Forman vs Sundial Growers Brown-Forman vs Willamette Valley Brown-Forman vs Fresh Vine Wine Brown-Forman vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 4.0B

Gross Profit 2.3B 58.94%

Operating Income 1.2B 29.36%

Net Income 869.0M 21.86%

EPS (Diluted) $1.84

Balance Sheet Metrics

Total Assets 8.1B

Total Liabilities 4.1B

Shareholders Equity 4.0B

Debt to Equity 1.03

Cash Flow Metrics

Operating Cash Flow 645.0M

Free Cash Flow 431.0M

Revenue & Profitability Trend

Brown-Forman Income Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Revenue	4.0B	4.2B	4.2B	3.9B	3.5B
Cost of Goods Sold	1.6B	1.7B	1.7B	1.5B	1.4B
Gross Profit	2.3B	2.5B	2.5B	2.4B	2.1B
Operating Expenses	1.2B	1.4B	1.4B	1.2B	1.1B
Operating Income	1.2B	1.1B	1.1B	1.2B	1.0B
Pre-tax Income	1.1B	1.3B	1.0B	1.1B	1.1B
Income Tax	212.0M	274.0M	234.0M	276.0M	178.0M
Net Income	869.0M	1.0B	783.0M	838.0M	903.0M
EPS (Diluted)	$1.84	$2.14	$1.63	$1.74	$1.88

Income Statement Trend

Brown-Forman Balance Sheet From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Assets
Current Assets	4.2B	4.0B	3.8B	3.8B	3.9B
Non-Current Assets	3.9B	4.1B	4.0B	2.6B	2.6B
Total Assets	8.1B	8.2B	7.8B	6.4B	6.5B
Liabilities
Current Liabilities	1.1B	1.6B	1.1B	1.0B	918.0M
Non-Current Liabilities	3.0B	3.1B	3.4B	2.6B	2.9B
Total Liabilities	4.1B	4.6B	4.5B	3.6B	3.9B
Equity
Total Shareholders Equity	4.0B	3.5B	3.3B	2.7B	2.7B

Balance Sheet Composition

Brown-Forman Cash Flow Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Operating Activities
Net Income	869.0M	1.0B	783.0M	838.0M	903.0M
Operating Cash Flow	645.0M	890.0M	601.0M	828.0M	936.0M
Investing Activities
Capital Expenditures	-167.0M	-228.0M	-183.0M	-138.0M	-62.0M
Investing Cash Flow	249.0M	49.0M	-1.4B	-127.0M	98.0M
Financing Activities
Dividends Paid	-420.0M	-404.0M	-378.0M	-831.0M	-338.0M
Financing Cash Flow	-960.0M	-618.0M	-361.0M	-1.2B	-1.0B
Free Cash Flow	431.0M	419.0M	457.0M	798.0M	755.0M

Cash Flow Trend

Brown-Forman Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.39

Forward P/E 13.94

Price to Book 3.13

Price to Sales 3.18

PEG Ratio 13.94

Profitability Ratios

Profit Margin 21.86%

Operating Margin 25.62%

Return on Equity 23.14%

Return on Assets 8.91%

Financial Health

Current Ratio 3.88

Debt to Equity 71.05

Beta 0.61

Per Share Data

EPS (TTM) $1.84

Book Value per Share $8.45

Revenue per Share $8.41

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
bf.b	12.6B	14.39	3.13	23.14%	21.86%	71.05
Brown-Forman	12.6B	14.69	3.20	23.14%	21.86%	71.05
MGP Ingredients	626.9M	58.94	0.76	1.28%	1.68%	37.48
Sundial Growers	317.8M	-3.40	0.29	-9.09%	-11.53%	13.45
Willamette Valley	24.5M	-	1.00	-0.47%	-0.84%	45.14
Fresh Vine Wine	9.8M	-	-	-181.36%	-1.95%	-

Financial data is updated regularly. All figures are in the company's reporting currency.