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) 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 compare 10.2%
BF.B Brown-Forman Corporation 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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