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.

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

Quarter to July 2026, against a year earlier

30.55 0.41 −1.32%
Market cap
$14.3B
P/E
20.0×
Fwd P/E
17.0×
Dividend yield
—
F-score
7/9
Altman Z
4.08
Beneish M
−2.69
Dividend safety
64/100

Brown-Forman Corporation (BF.B) Gross margin

Alert me on Gross margin

Brown-Forman Corporation's gross margin over the twelve months to 31 July 2026 was 60.7%, up 0.1 percentage points from fiscal 2026 (60.5%). Over the past ten years it has ranged from 58.9% (fiscal 2025) to 69.7% (fiscal 2015); the current reading is higher than 42% of that period. That is above the Beverages Wineries & Distilleries industry median of 46.9% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2026 60.5% 1.60
FY2025 58.9% (1.52)
FY2024 60.5% 1.47
FY2023 59.0% (1.80)
FY2022 60.8% 0.29
FY2021 60.5% (2.75)
FY2020 63.3% (1.91)
FY2019 65.2% (2.64)
FY2018 67.8% 0.30
FY2017 67.5% (1.91)

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 60.3% (2.35)
Apr 2026 62.6% 2.00
Jan 2026 60.6% 1.25
Oct 2025 59.4% (0.38)
43 more quarters

Against its own ten years

Low 58.9% High 69.7%
Ten-year median 62.0%
Current reading's percentile 44

Gross margin against peers

Company Gross margin
BF.A Brown Forman Corporation compare 60.7%
BF.B Brown-Forman Corporation 60.7%
DEO Diageo plc compare 60.5%
WVVI Willamette Valley Vineyards, Inc. compare 59.1%
CASK MGP Ingredients, Inc. compare 34.7%
AMSS AMASS Brands, Inc. compare 30.3%
SNDL SNDL Inc. compare 25.7%
AGCC Agencia Comercial Spirits Ltd compare —
IBG Innovation Beverage Group Limited compare —
Beverages Wineries & Distilleries industry median 46.9%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on BF.B