Brown Forman Corporation

BF.A Consumer Defensive Beverages Wineries & Distilleries

Brown Forman Corporation’s revenue for fiscal 2026 (year ended April 2026) was $3.9 billion, down 1.18% from fiscal 2025.

Revenue
−1.41%
EPS
+5.56%
Free cash flow
−0.62%
Total debt
−9.63%

Quarter to July 2026, against a year earlier

31.51 0.29 −0.91%
Market cap
$14.4B
P/E
20.5×
Fwd P/E
—
Dividend yield
—
F-score
7/9
Altman Z
4.12
Beneish M
−2.69
Dividend safety
64/100

Brown Forman Corporation 10-Q filed Dec 4, 2025

Fiscal Q2 2026 · Period ended Oct 31, 2025 · Filed · accepted 4:09 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 28, 2025: 21 added · 12 removed · 51 modified; 11 with only figures updated

  1. Modified · Non-GAAP Financial Measures

    •“Acquisitions and divestitures.” This adjustment removes (a) the gain or loss recognized on sale of divested brands and certain assets, (b) any non-recurring effects related to our acquisitions and divestitures (e.g., transaction, transition, and integration costs), (c) the effects of operating activity related to acquired and divested brands, including certain divested agency brands, for periods not comparable year over year (non-comparable periods), and (d) fair value changes to contingent consideration liabilities. Excluding non-comparable periods allows us to include the effects of acquired and divested brands only to the extent that results are comparable year over year. For the first quarterand second quarters of fiscal 2026, we had the following acquisitions and divestitures adjustments: