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) Return on invested capital

Alert me on Return on invested capital

Brown Forman Corporation's return on invested capital over the twelve months to 31 July 2026 was 10.2%, up 0.1 percentage points from fiscal 2026 (10.1%). Over the past ten years it has ranged from 10.1% (fiscal 2026) to 34.2% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Beverages Wineries & Distilleries industry median of 0.00% and above the Consumer Defensive sector median of 0.96%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 10.1% (0.94)
FY2025 11.0% (3.31)
FY2024 14.3% 2.19
FY2023 12.1% (6.06)
FY2022 18.2% 0.26
FY2021 17.9% 0.45
FY2020 17.5% (1.44)
FY2019 18.9% 0.89
FY2018 18.0% (0.89)
FY2017 18.9% (15.30)

Against its own ten years

Low 10.1% High 34.2%
Ten-year median 18.0%
Current reading's percentile 8

Return on invested capital against peers

Company Return on invested capital
BF.A Brown Forman Corporation 10.2%
BF.B Brown-Forman Corporation compare 10.2%
DEO Diageo plc compare 0.00%
IBG Innovation Beverage Group Limited compare 0.00%
AGCC Agencia Comercial Spirits Ltd compare 0.00%
WVVI Willamette Valley Vineyards, Inc. compare −2.31%
SNDL SNDL Inc. compare −4.08%
CASK MGP Ingredients, Inc. compare −18.8%
AMSS AMASS Brands, Inc. compare −177.5%
Beverages Wineries & Distilleries industry median 0.00%
Consumer Defensive sector median 0.96%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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