Brown-Forman (BF-B) Financials: Revenue & Earnings

BF-B price $27.54 -0.20 -0.74%

Ticker
BF-B
Price
$27.54
Change
-0.20 -0.74%
Market cap ?
$12.75B
P/E ?
18.02
Forward P/E ?
16.14
Dividend yield ?
3.33%
Beta ?
0.32
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Stocklytics score
54
Value
56
Quality
69
Growth
38

Stocklytics score rationale: value 56, quality 69, growth 38.

Financials

2017201820192020202120222023202420252026
2994000000324800000033240000003363000000346100000039330000004228000000417800000039750000003928000000

Brown-Forman Corporation, along with its subsidiaries, operates globally within the alcoholic beverage industry. The company is actively involved in the production, distillation, bottling, international trade (importing and exporting), marketing, and sale of a diverse portfolio of alcoholic products. Its extensive offerings encompass a wide variety of spirits, wines, and whiskey products, including specialty whiskey…

Fair value

BF-B fair value $29.79. Price $27.54. Price is 8% below fair value.

Around fair value, but less expensive than usual. A smaller premium than on 69% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 925.00M. Growth 7.73%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 462.94M. Net debt 1.84B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare BF-B

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-12-03—0.46—1.04B
2026-09-020.380.38911.00M914.78M
2026-06-040.120.31912.00M884.74M
2026-03-040.580.471.06B1.00B
2025-12-040.470.471.04B1.02B
2025-08-280.360.47924.00M1.02B
2025-06-030.310.34894.00M967.07M
2025-03-040.430.461.03B987.66M
2024-12-050.550.491.09B1.10B
2024-08-290.410.46951.00M1.08B
2024-06-050.560.42964.00M1.03B
2024-03-060.600.571.07B1.12B
2023-12-060.500.511.11B1.15B
2023-08-300.480.531.04B1.16B
2023-06-070.430.431.05B990.29M
2023-03-080.250.471.08B1.01B
2022-12-070.470.551.09B1.08B
2022-08-310.520.471.01B976.21M
2022-06-080.310.27996.00M1.91B
2022-03-030.540.481.04B833.89M
2021-12-080.490.53994.00M1.05B
2021-09-010.400.39906.00M—
2021-06-090.250.33812.00M3.40B
2021-03-030.450.43911.00M868.63M
2020-12-080.500.51985.00M1.00B
2020-09-020.400.31753.00M589.68M
2020-06-090.270.28709.00M780.89M
2020-03-040.480.50899.00M934.96M
2019-12-050.590.52989.00M877.04M
2019-08-280.390.37766.00M724.59M
2019-06-050.330.30744.00M696.00M
2019-03-060.470.45904.00M863.82M
2018-12-050.520.52910.00M910.00M
2018-08-290.410.39766.00M726.72M
2018-06-060.230.22733.00M699.68M
2018-03-070.440.41878.00M920.83M
2017-12-060.500.43914.00M765.21M
2017-08-300.370.31723.00M583.06M
2017-06-070.300.32694.00M738.44M
2017-03-070.380.38808.00M808.00M

Dividends

Yield 3.36%. Payout ratio 59.08%. Frequency Quarterly.

Safety score 82/100 · Safe. Payout ratio is 59% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 42 separate years. Yield is 3.4%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-09-03$0.232026-09-032026-10-01Quarterly
2026-06-10$0.232026-06-102026-07-01Quarterly
2026-03-09$0.232026-03-092026-04-01Quarterly
2025-12-05$0.232025-12-052026-01-02Quarterly
2025-09-03$0.232025-09-032025-10-01Quarterly
2025-06-09$0.232025-06-092025-07-01Quarterly
2025-03-07$0.232025-03-072025-04-01Quarterly
2024-12-06$0.232024-12-062025-01-02Quarterly
2024-09-03$0.222024-09-032024-10-01Quarterly
2024-06-07$0.222024-06-072024-07-01Quarterly
2024-03-07$0.222024-03-082024-04-01Quarterly
2023-11-30$0.222023-12-012024-01-02Quarterly
2023-09-01$0.212023-09-052023-10-02Quarterly
2023-06-07$0.212023-06-082023-07-03Quarterly
2023-03-07$0.212023-03-082023-04-03Quarterly
2022-12-01$0.212022-12-022023-01-03Quarterly
2022-09-02$0.192022-09-062022-10-03Quarterly
2022-06-07$0.192022-06-082022-07-01Quarterly
2022-03-07$0.192022-03-082022-04-01Quarterly
2021-12-08$1.002021-12-092021-12-29Special
2021-12-02$0.192021-12-032021-12-28Quarterly
2021-09-02$0.182021-09-032021-10-01Quarterly
2021-06-07$0.182021-06-082021-07-01Quarterly
2021-03-05$0.182021-03-082021-04-01Quarterly
2020-12-03$0.182020-12-042021-01-04Quarterly
2020-09-03$0.172020-09-042020-10-01Quarterly
2020-06-05$0.172020-06-082020-07-01Quarterly
2020-03-06$0.172020-03-092020-04-01Quarterly
2019-12-04$0.172019-12-052020-01-02Quarterly
2019-09-05$0.172019-09-062019-10-01Quarterly
2019-06-05$0.172019-06-062019-07-01Quarterly
2019-03-01$0.172019-03-042019-04-01Quarterly
2018-12-06$0.172018-12-062019-01-02Quarterly
2018-09-05$0.162018-09-062018-10-01Quarterly
2018-06-05$0.162018-06-062018-07-03Quarterly
2018-03-29$1.002018-04-022018-04-23Special
2018-03-02$0.162018-03-052018-04-02Quarterly
2017-12-06$0.162017-12-072018-01-02Quarterly
2017-09-06$0.152017-09-072017-10-02Quarterly
2017-06-01$0.152017-06-052017-07-03Quarterly
2017-03-02$0.152017-03-062017-04-03Quarterly
2016-11-30$0.152016-12-022017-01-03Quarterly
2016-08-30$0.142016-09-012016-10-03Quarterly
2016-06-02$0.142016-06-062016-07-01Quarterly
2016-03-07$0.142016-03-092016-04-01Quarterly
2015-12-01$0.142015-12-032015-12-30Quarterly
2015-09-03$0.132015-09-082015-10-01Quarterly
2015-06-01$0.132015-06-032015-07-01Quarterly
2015-03-06$0.132015-03-102015-04-01Quarterly
2014-12-02$0.132014-12-042014-12-30Quarterly
2014-09-04$0.122014-09-082014-10-01Quarterly
2014-06-02$0.122014-06-042014-07-01Quarterly
2014-03-05$0.122014-03-072014-04-01Quarterly
2013-12-02$0.122013-12-042013-12-27Quarterly
2013-09-03$0.10——Quarterly
2013-06-03$0.10——Quarterly
2013-03-06$0.10——Quarterly
2012-12-03$0.10——Quarterly
2012-09-05$0.09——Quarterly
2012-06-04$0.09——Quarterly
2012-03-01$0.09——Quarterly
2011-12-02$0.09——Quarterly
2011-09-01$0.09——Quarterly
2011-06-06$0.09——Quarterly
2011-03-07$0.09——Quarterly
2010-12-08$0.27——Quarterly
2010-09-02$0.08——Quarterly
2010-06-03$0.08——Quarterly
2010-03-04$0.08——Quarterly
2009-12-03$0.08——Quarterly
2009-09-03$0.08——Quarterly
2009-06-04$0.08——Quarterly
2009-03-04$0.08——Quarterly
2008-12-04$0.08——Quarterly
2008-09-04$0.07——Quarterly
2008-06-02$0.07——Quarterly
2008-03-03$0.07——Quarterly
2007-12-03$0.07——Quarterly
2007-08-30$0.06——Quarterly
2007-06-04$0.06——Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-07-23TODMAN MICHAELBuy6.48K——
2026-07-23Skeans Tracy LBuy6.48K——
2026-07-23SMITH ELIZABETH ABuy9.52K——
2026-07-23Singer JanBuy6.48K——
2026-07-23RONEY MICHAEL JBuy6.48K——
2026-07-23Farrer MarshallBuy6.48K——
2026-07-23Clouse Mark A.Buy9.52K——
2026-07-23Brown Elizabeth MBuy6.48K——
2026-07-23Brown Campbell PBuy6.48K——
2026-07-23Whiting Lawson EBuy95.48K——
2026-07-23Pafilis YiannisBuy7.73K——
2026-07-23Enyard Angela SBuy2.45K——
2026-07-23Masick Michael AndrewBuy15.28K——
2026-07-23Nall Timothy MBuy9.17K——
2026-07-23Peters James WBuy64.93K——
2026-07-23Peterson Crystal LBuy3.29K——
2026-07-23Carr Michael E JrBuy11.46K——
2026-07-23Shepherd Jeremy JBuy9.23K——
2026-07-23Graven Christina MBuy8.91K——
2026-07-23Nguyen Diane FBuy9.17K——
2026-05-27Masick Michael AndrewBuy611——
2026-05-27Masick Michael AndrewSell276$25.947.16K
2026-05-27Carr Michael E JrBuy611——
2026-05-27Carr Michael E JrSell245$25.946.36K
2026-05-27Graven Christina MBuy1.35K——
2026-05-27Graven Christina MSell607$25.9415.75K
2026-05-27Nguyen Diane FBuy1.35K——
2026-05-27Nguyen Diane FSell597$25.9415.49K
2026-05-27Farrer MarshallBuy4.52K——
2026-05-27Farrer MarshallSell2.18K$26.7258.14K
2026-05-27Pafilis YiannisBuy508——
2026-05-27Pafilis YiannisSell177$25.944.59K
2026-05-27Pafilis YiannisBuy272——
2026-05-27Pafilis YiannisSell95$26.722.54K
2026-05-27Peterson Crystal LBuy1.37K——
2026-05-27Peterson Crystal LSell616$26.7216.46K
2026-05-27Shepherd Jeremy JBuy3.01K——
2026-05-27Shepherd Jeremy JSell1.36K$26.7236.26K
2026-05-27Whiting Lawson EBuy36.39K——
2026-05-27Whiting Lawson ESell16.49K$26.72440.72K
2026-05-27Nall Timothy MBuy3.01K——
2026-05-27Nall Timothy MSell1.06K$26.7228.46K
2026-04-30Enyard Angela SBuy884——
2026-04-30Enyard Angela SSell307$25.777.91K
2026-04-30Enyard Angela SSell419——
2026-04-30Enyard Angela SSell207——
2026-04-30Enyard Angela SSell258——
2026-04-23Peters James WBuy8.99K$28.40255.37K
2026-02-12Whiting Lawson ESell25.91K$31.01803.62K
2025-12-12Whiting Lawson ESell8.83K$31.00273.85K
2025-12-04Whiting Lawson ESell7.75K$31.01240.20K
2025-12-04Whiting Lawson ESell4.79K$31.00148.34K
2025-10-08Farrer MarshallSell2.72K——
2025-10-08Farrer MarshallBuy1.36K——
2025-07-24Farrer MarshallBuy5.59K$31.15174.00K
2025-07-24Whiting Lawson EBuy288.24K$31.158.98M
2025-07-24Carr Michael E JrBuy31.46K$31.15980.07K
2025-07-24Cunningham Leanne DBuy75.11K$31.152.34M
2025-07-24Graven Christina MBuy22.53K$31.15701.87K
2025-07-24Masick Michael AndrewBuy28.42K$31.15885.22K
2025-07-24Nall Timothy MBuy28.42K$31.15885.22K
2025-07-24Nguyen Diane FBuy28.42K$31.15885.22K
2025-07-24Pafilis YiannisBuy31.32K$31.15975.52K
2025-07-24Peterson Crystal LBuy10.15K$31.15316.17K
2025-07-24Shepherd Jeremy JBuy28.42K$31.15885.22K
2025-07-24Enyard Angela SBuy7.56K$31.15235.62K
2025-07-24Farrer MarshallBuy33.51K$31.151.04M
2025-07-24Farrer MarshallBuy5.01K——
2025-07-24TODMAN MICHAELBuy5.01K——
2025-07-24SMITH ELIZABETH ABuy7.60K——
2025-07-24Brown Campbell PBuy5.01K——
2025-07-24Brown Elizabeth MBuy7.60K——
2025-07-24Clouse Mark A.Buy7.60K——
2025-07-24RONEY MICHAEL JBuy5.01K——
2025-07-24Singer JanBuy5.01K——
2025-07-24Skeans Tracy LBuy5.01K——
2025-07-23Whiting Lawson ESell23.64K$31.00732.87K
2025-07-15Musselman William Austin JrSell379.65K——
2025-07-15Musselman William Austin JrBuy379.65K——
2025-07-09Brown Campbell PBuy390.00K——
2025-07-09Brown Campbell PSell390.00K——
2024-05-01Peterson Crystal LSell1.84K$70.24129.25K
2024-01-05Brown Stuart RSell2.02K——
2023-12-15Brown Stuart RBuy581——
2023-10-31Hamel Matthew EBuy8.54K$35.60303.98K
2023-10-31Hamel Matthew ESell6.90K$55.23381.20K
2023-10-31Hamel Matthew ESell8.54K$35.60303.98K
2023-07-31Hamel Matthew EBuy8.54K$35.60303.95K
2023-07-31Hamel Matthew ESell8.54K$35.60303.98K
2023-07-31Hamel Matthew ESell6.25K$70.82442.48K
2023-07-27Brown Elizabeth MOther0——
2023-07-27Brown Elizabeth MOther0——
2023-07-27Brown Elizabeth MOther0——
2023-07-27Brown Elizabeth MOther0——
2023-07-27Brown Elizabeth MOther0——
2023-07-27Cunningham Leanne DBuy22.99K$69.871.61M
2023-07-27Whiting Lawson EBuy101.91K$69.877.12M
2023-07-27Hawley Kirsten MBuy9.88K$69.87690.66K
2023-07-27Farrer MarshallBuy12.65K$69.87883.93K
2023-07-27Hinrichs ThomasBuy8.63K$69.87602.84K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 613, holders +18 vs prior quarter. Ownership 43.94%.

HolderSharesChangeChange %Value
VANGUARD CAPITAL MANAGEMENT LLC14.60M-74.43K-0.51%389.03M
VANGUARD PORTFOLIO MANAGEMENT LLC13.40M71.20K+0.53%357.01M
FMR LLC12.58M-201.79K-1.58%335.19M
BLACKROCK, INC.12.16M92.96K+0.77%324.05M
VAN ECK ASSOCIATES CORP12.10M-263.24K-2.13%322.34M
STATE STREET CORP9.75M-246.74K-2.47%262.07M
INVESCO LTD.8.56M-411.58K-4.59%228.11M
GOLDMAN SACHS GROUP INC7.40M985.93K+15.38%197.09M
DIMENSIONAL FUND ADVISORS LP7.05M2.32M+49.06%187.86M
PROSHARE ADVISORS LLC5.66M-326.76K-5.46%150.80M
GEODE CAPITAL MANAGEMENT, LLC5.50M46.59K+0.85%146.38M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/3.53M37.57K+1.08%94.08M
MORGAN STANLEY3.47M-502.65K-12.65%92.50M
BANK OF NEW YORK MELLON CORP2.83M-100.90K-3.44%75.41M
EQUITY INVESTMENT CORP2.59M166.94K+6.89%69.05M
BLACK CREEK INVESTMENT MANAGEMENT INC.2.46M-2.80M-53.26%65.50M
BANK OF AMERICA CORP /DE/2.33M-1.41M-37.63%62.08M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.2.12M2.12MNew56.42M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC2.12M8.48K+0.40%56.42M
UBS GROUP AG2.11M-930.36K-30.64%56.12M
WELLINGTON MANAGEMENT GROUP LLP2.05M-292.36K-12.50%54.52M
RUFFER LLP1.93M-799.92K-29.28%51.43M
VEST FINANCIAL, LLC1.69M-159.79K-8.64%45.01M
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC1.67M226.99K+15.77%44.42M
NORTHERN TRUST CORP1.59M-108.75K-6.42%42.25M

Earnings and financials

Brown-Forman Corporation (BF-B) trades at $27.54, with a market cap of $12.75B and a trailing P/E of 18.02. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2017201820192020202120222023202420252026
2994000000324800000033240000003363000000346100000039330000004228000000417800000039750000003928000000

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Brown-Forman (BF-B) Financials: Revenue & Earnings

BF-B$27.54-0.20 -0.74%

$12.75B

Market Cap

18.02

P/E

16.14

Forward P/E

54

Score

Price History