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.
Follow BF.B
Brown-Forman Corporation (BF.B) 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 −1.13% and above the Consumer Defensive sector median of 1.55%.
Operating margin, annual
Embed this chart
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 | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| BF.A Brown Forman Corporation compare | 25.4% |
| BF.B Brown-Forman Corporation | 25.4% |
| DEO Diageo plc compare | 0.00% |
| SNDL SNDL Inc. compare | −2.25% |
| WVVI Willamette Valley Vineyards, Inc. compare | −7.94% |
| MGPI MGP Ingredients, Inc. compare | −54.0% |
| AGCC Agencia Comercial Spirits Ltd compare | — |
| IBG Innovation Beverage Group Limited compare | — |
| EPSM Epsium Enterprise Limited compare | — |
| Beverages Wineries & Distilleries industry median | −1.13% |
| Consumer Defensive sector median | 1.55% |
| 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
More on BF.B
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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