Brown-Forman Corporation

BF.B 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. In the quarter to July 2026, revenue fell 1.41%, EPS grew 5.56%, free cash flow was flat and total debt fell 9.63%, each against the same quarter a year earlier. Member of the S&P 500.

28.88 0.30 +1.05%
Market cap
$13.2B
P/E
18.6×
Fwd P/E
15.4×
Dividend yield
—
F-score
7/9
Altman Z
4.08
Beneish M
−2.69
Dividend safety
64/100

Brown-Forman Corporation (BF.B) Debt to equity

Alert me on Debt to equity

Brown-Forman Corporation's debt to equity at the end of the quarter to 31 July 2026 was 0.6×, down 0.0× from fiscal 2026 (0.6×). Over the past ten years it has ranged from 0.6× (fiscal 2015) to 1.9× (fiscal 2018); the current reading is higher than 17% of that period. That is above the Beverages Wineries & Distilleries industry median of 0.4× and above the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2026 0.6× (9.06%)
FY2025 0.7× (22.35%)
FY2024 0.9× (1.12%)
FY2023 0.9× 7.53%
FY2022 0.8× (13.96%)
FY2021 1.0× (26.87%)
FY2020 1.3× (11.07%)
FY2019 1.5× (23.72%)
FY2018 1.9× 23.82%
FY2017 1.6× 63.24%

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.6× (1.19%)
Apr 2026 0.6× (7.45%)
Jan 2026 0.7× 5.03%
Oct 2025 0.6× (5.46%)
43 more quarters

Against its own ten years

Low 0.6× High 1.9×
Ten-year median 0.9×
Current reading's percentile 17

Debt to equity against peers

Company Debt to equity
EPSM Epsium Enterprise Limited compare 0.0×
IBG Innovation Beverage Group Limited compare 0.1×
SNDL SNDL Inc. compare 0.1×
WVVI Willamette Valley Vineyards, Inc. compare 0.2×
BF.B Brown-Forman Corporation 0.6×
BF.A Brown Forman Corporation compare 0.6×
MGPI MGP Ingredients, Inc. compare 0.6×
AGCC Agencia Comercial Spirits Ltd compare 1.3×
DEO Diageo plc compare 1.7×
Beverages Wineries & Distilleries industry median 0.4×
Consumer Defensive sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on BF.B