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

31.78 0.30 +0.95%
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 (BF.A) Operating margin

Alert me on Operating margin

Brown Forman Corporation's operating margin over the twelve months to 31 July 2026 was 25.4%, down 0.1 percentage points from fiscal 2026 (25.5%). Over the past ten years it has ranged from 25.5% (fiscal 2026) to 49.6% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Beverages Wineries & Distilleries industry median of −7.45% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 25.5% (2.37)
FY2025 27.9% (5.99)
FY2024 33.8% 7.18
FY2023 26.7% (3.95)
FY2022 30.6% (3.08)
FY2021 33.7% 1.25
FY2020 32.4% (1.98)
FY2019 34.4% 2.15
FY2018 32.3% (1.46)
FY2017 33.7% (15.90)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 27.7% 17.13
Apr 2026 10.5% (21.67)
Jan 2026 32.2% 2.76
Oct 2025 29.4% 1.30
43 more quarters

Against its own ten years

Low 25.5% High 49.6%
Ten-year median 32.6%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
BF.A Brown Forman Corporation 25.4%
BF.B Brown-Forman Corporation compare 25.4%
DEO Diageo plc compare 0.00%
SNDL SNDL Inc. compare −6.95%
WVVI Willamette Valley Vineyards, Inc. compare −7.94%
AMSS AMASS Brands, Inc. compare −56.8%
CASK MGP Ingredients, Inc. compare −57.2%
AGCC Agencia Comercial Spirits Ltd compare —
IBG Innovation Beverage Group Limited compare —
Beverages Wineries & Distilleries industry median −7.45%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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