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.
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Brown-Forman Corporation (BF.B) 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 47.3% and above the Consumer Defensive sector median of 34.8%.
Gross margin, annual
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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 | Free account |
Against its own ten years
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% |
| MGPI MGP Ingredients, Inc. compare | 35.6% |
| SNDL SNDL Inc. compare | 26.2% |
| AGCC Agencia Comercial Spirits Ltd compare | — |
| IBG Innovation Beverage Group Limited compare | — |
| EPSM Epsium Enterprise Limited compare | — |
| Beverages Wineries & Distilleries industry median | 47.3% |
| Consumer Defensive sector median | 34.8% |
| Market median | 46.2% |
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
More on BF.B
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement