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Brown-Forman share price today

Brown-Forman Corporation · BF-B · Consumer Staples · Beverages - Wineries & Distilleries · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Brown-Forman share price: $30.68 at the close on 4 November 2026, +15.3% in a year.

MixedBusiness trend from the last 12 quarters
$30.68Price +15.3% in a year
19.8×P/E higher than 99% of the last 1 year
$911 MRevenue (Jul 2026) −1.4% on a year ago
$176 MProfit (Jul 2026) +3.5% on a year ago
27.6%Operating margin +0.4 points on a year ago
18%ROE FY26
14.3%ROIC against a 5.6% cost of capital: +8.7 points

Brown-Forman Corporation's share price has risen faster than its earnings: +15.3% in a year, against −16.8% for earnings per share.

The main question: the share price moved +15.3% in a year while yearly earnings per share moved −16.8%. The difference came from the market paying a higher multiple.

The price has been between phases, and the P/E is higher than 99% of its own last 1 year. Over the last four quarters, results have been improving, with profit +3.5% on a year earlier, and 86% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Brown-Forman share price today?

Brown-Forman Corporation's share price was $30.68 at the close on 4 November 2026. That is 13.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $23 and $31, and at that close it sat 99% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row.

Nov 2026: $30.68, 13.3% above its 200-day average.

  • Price $30.68
  • 50-day avg $27.24
  • 200-day avg $27.08
Nov 2026: $30.68, 13.3% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$29.01––
18 Jul 2025$28.92––
25 Jul 2025$30.96––
1 Aug 2025$28.75––
8 Aug 2025$30.79––
15 Aug 2025$30.43––
22 Aug 2025$31.26––
29 Aug 2025$29.94––
5 Sep 2025$28.91––
12 Sep 2025$27.51––
19 Sep 2025$27.48$29.34–
26 Sep 2025$27.10$29.22–
3 Oct 2025$27.97$28.97–
10 Oct 2025$26.70$28.72–
17 Oct 2025$28.71$28.49–
24 Oct 2025$27.95$28.26–
31 Oct 2025$27.23$27.96–
7 Nov 2025$26.60$27.63–
14 Nov 2025$27.87$27.51–
21 Nov 2025$28.45$27.55–
28 Nov 2025$28.98$27.66–
5 Dec 2025$30.40$27.94–
12 Dec 2025$30.76$28.24–
19 Dec 2025$28.50$28.41–
26 Dec 2025$26.19$28.40–
2 Jan 2026$26.14$28.20–
9 Jan 2026$25.96$27.96–
16 Jan 2026$26.40$27.93–
23 Jan 2026$27.57$28.00–
30 Jan 2026$27.37$27.91–
6 Feb 2026$29.45$27.98–
13 Feb 2026$29.95$28.06–
20 Feb 2026$29.99$28.02–
27 Feb 2026$28.86$27.90–
6 Mar 2026$25.26$27.70–
13 Mar 2026$23.49$27.47–
20 Mar 2026$22.80$27.19–
27 Mar 2026$27.19$27.00–
2 Apr 2026$26.75$26.94–
10 Apr 2026$29.49$27.02–
17 Apr 2026$29.15$27.18–
24 Apr 2026$28.31$27.08$28.04
1 May 2026$25.55$26.74$27.99
8 May 2026$27.68$26.45$27.92
15 May 2026$26.38$26.33$27.81
22 May 2026$26.20$26.47$27.72
29 May 2026$25.72$26.68$27.62
5 Jun 2026$26.16$26.90$27.49
12 Jun 2026$27.01$26.92$27.40
18 Jun 2026$26.64$26.90$27.33
26 Jun 2026$27.96$26.70$27.32
2 Jul 2026$26.16$26.49$27.30
10 Jul 2026$26.17$26.26$27.26
17 Jul 2026$25.58$26.28$27.23
24 Jul 2026$26.08$26.18$27.19
31 Jul 2026$28.73$26.44$27.23
7 Aug 2026$28.52$26.68$27.23
14 Aug 2026$28.42$26.96$27.23
21 Aug 2026$28.44$27.14$27.24
28 Aug 2026$27.22$27.27$27.27
4 Sep 2026$26.73$27.23$27.25
11 Sep 2026$26.22$27.17$27.22
18 Sep 2026$25.94$27.21$27.14
25 Sep 2026$26.16$27.26$27.05
2 Oct 2026$26.16$27.27$26.94
9 Oct 2026$26.39$27.08$26.88
16 Oct 2026$28.88$27.05$26.92
23 Oct 2026$29.41$27.11$26.99
30 Oct 2026$28.71$27.15$27.04
4 Nov 2026$30.68$27.24$27.08
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 18 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−12.7%
17 Oct 2025−6.6%
24 Oct 2025−16.0%
31 Oct 2025−15.0%
7 Nov 2025−18.9%
14 Nov 2025−12.8%
21 Nov 2025−11.1%
28 Nov 2025−9.2%
5 Dec 2025−0.8%
12 Dec 2025+8.1%
19 Dec 2025+1.2%
26 Dec 2025−7.7%
2 Jan 2026−8.6%
9 Jan 2026−9.1%
16 Jan 2026−12.2%
23 Jan 2026−3.1%
30 Jan 2026−0.9%
6 Feb 2026+7.8%
13 Feb 2026+6.0%
20 Feb 2026+0.8%
27 Feb 2026−0.8%
6 Mar 2026−15.0%
13 Mar 2026−20.8%
20 Mar 2026−15.3%
27 Mar 2026+12.0%
2 Apr 2026+6.3%
10 Apr 2026+15.7%
17 Apr 2026+7.7%
24 Apr 2026−0.9%
1 May 2026−10.8%
8 May 2026−12.8%
15 May 2026−20.3%
22 May 2026−20.8%
29 May 2026−21.2%
5 Jun 2026−6.1%
12 Jun 2026+3.0%
18 Jun 2026+1.7%
26 Jun 2026−12.1%
2 Jul 2026−15.8%
10 Jul 2026−22.4%
17 Jul 2026−16.9%
24 Jul 2026−11.4%
31 Jul 2026+8.8%
7 Aug 2026−1.8%
14 Aug 2026+2.7%
21 Aug 2026+5.9%
28 Aug 2026+4.1%
4 Sep 2026−2.2%
11 Sep 2026−6.0%
18 Sep 2026−4.6%
25 Sep 2026−12.2%
2 Oct 2026−3.3%
9 Oct 2026−2.3%
16 Oct 2026+10.2%
23 Oct 2026+9.9%
30 Oct 2026−1.2%
4 Nov 2026+8.4%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +6% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Brown-Forman pay?

Brown-Forman Corporation paid $0.92 per share over the last four reported quarters. The most recent declaration was $0.23 for Jul 2026. At today's price of $30.68 that is a yield of 3.00%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.23 (Jul 2026)

  • Dividend per share $0.23
Dividend per share each quarter: latest $0.23 (Jul 2026)
QuarterDividend per share
Oct 2023$0.21
Jan 2024$0.22
Apr 2024$0.22
Jul 2024$0.22
Oct 2024$0.22
Jan 2025$0.23
Apr 2025$0.23
Jul 2025$0.23
Oct 2025$0.23
Jan 2026$0.23
Apr 2026$0.23
Jul 2026$0.23
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Brown-Forman on?

Brown-Forman is on one of our US lists: S&P 500 companies.

Is Brown-Forman profitable?

Brown-Forman Corporation earned $176 M of net profit in the Jul 2026 quarter, +3.5% on the same quarter a year earlier. Full-year FY26 profit was $715 M. Over 4 years profit has grown −3.9% a year on average. That is 19.3% of the quarter's revenue. The same quarter a year earlier earned $170 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was $715 M (−17.7% on the year before).

FY26 profit $715 M (−17.7% on the year before), −3.9% a year over 4 years

  • Net profit $715 M
FY26 profit $715 M (−17.7% on the year before), −3.9% a year over 4 years
QuarterNet profit
FY22$838 M
FY23$783 M
FY24$1.0 B
FY25$869 M
FY26$715 M

Growth on a year earlier

  • Growth on a year earlier −17.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY23−6.6%
FY2430.8%
FY25−15.1%
FY26−17.7%
Top: net profit each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $176 M (+3.5% on a year earlier)

  • Net profit (quarterly) $176 M
Jul 2026: $176 M (+3.5% on a year earlier)
QuarterNet profit (quarterly)
Oct 2023$242 M
Jan 2024$285 M
Apr 2024$266 M
Jul 2024$195 M
Oct 2024$258 M
Jan 2025$270 M
Apr 2025$146 M
Jul 2025$170 M
Oct 2025$224 M
Jan 2026$267 M
Apr 2026$54.0 M
Jul 2026$176 M

Growth on a year earlier

  • Growth on a year earlier 3.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 20236.6%
Jan 2024185%
Apr 202428.5%
Jul 2024−15.6%
Oct 20246.6%
Jan 2025−5.3%
Apr 2025−45.1%
Jul 2025−12.8%
Oct 2025−13.2%
Jan 2026−1.1%
Apr 2026−63%
Jul 20263.5%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed −1.4% on a year earlier and the margin moved +0.4 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −18.4% and revenue −0.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Brown-Forman make, and is it growing?

Brown-Forman Corporation reported $911 M of revenue in the Jul 2026 quarter, −1.4% on the same quarter a year earlier. Over 4 years it has grown 0.0% a year on average. The last full year, FY26, came in at $3.9 B. The last four reported quarters add to $3.9 B.

Revenue is everything the company billed its customers in the period.

FY26 revenue was $3.9 B, −1.2% on the year before.

FY26 revenue $3.9 B (−1.2% on the year before), 0.0% a year over 4 years

  • Revenue $3.9 B
FY26 revenue $3.9 B (−1.2% on the year before), 0.0% a year over 4 years
QuarterRevenue
FY22$3.9 B
FY23$4.2 B
FY24$4.2 B
FY25$4.0 B
FY26$3.9 B

Growth on a year earlier

  • Growth on a year earlier −1.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY237.5%
FY24−1.2%
FY25−4.9%
FY26−1.2%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $911 M (−1.4% on a year earlier)

  • Revenue (quarterly) $911 M
Jul 2026: $911 M (−1.4% on a year earlier)
QuarterRevenue (quarterly)
Oct 2023$1.1 B
Jan 2024$1.1 B
Apr 2024$964 M
Jul 2024$951 M
Oct 2024$1.1 B
Jan 2025$1.0 B
Apr 2025$894 M
Jul 2025$924 M
Oct 2025$1.0 B
Jan 2026$1.1 B
Apr 2026$912 M
Jul 2026$911 M

Growth on a year earlier

  • Growth on a year earlier −1.4%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 20231.2%
Jan 2024−1.1%
Apr 2024−7.8%
Jul 2024−8.4%
Oct 2024−1.1%
Jan 2025−3.2%
Apr 2025−7.3%
Jul 2025−2.8%
Oct 2025−5.4%
Jan 20262%
Apr 20262%
Jul 2026−1.4%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −0.7% on average, against 0.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −0.8%, against −2.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −14.6%, against −14.6% a year (stabilising).

How much of every $100 of sales does Brown-Forman keep?

Brown-Forman Corporation's operating margin was 27.6% in the Jul 2026 quarter, 0.4 percentage points higher than the same quarter a year ago. Across 5 years it has been between 27.4% and 31.4%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.4 percentage points on the year while gross margin changed +0.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 28.1%, within a range of 27.4% to 31.4% over 5 years

  • Operating margin 28.1%
FY26: 28.1%, within a range of 27.4% to 31.4% over 5 years
QuarterOperating margin
FY2231.4%
FY2327.9%
FY2427.4%
FY2529.2%
FY2628.1%

Change on the year before (points)

  • Change on the year before (points) −1.1 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY22–
FY23−3.5 pts
FY24−0.5 pts
FY25+1.8 pts
FY26−1.1 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jul 2026: operating margin 27.6% (+0.4 points on a year earlier)

  • Operating margin 27.6%
Jul 2026: operating margin 27.6% (+0.4 points on a year earlier)
QuarterOperating margin
Oct 202330.7%
Jan 202423.8%
Apr 202424.8%
Jul 202429.9%
Oct 202431.4%
Jan 202529.9%
Apr 202526.5%
Jul 202527.2%
Oct 202529.4%
Jan 202631.9%
Apr 202623.2%
Jul 202627.6%

Change on a year earlier (points)

  • Change on a year earlier (points) +0.4 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Oct 2023+2.8 pts
Jan 2024−2.6 pts
Apr 2024−3.5 pts
Jul 2024−0.8 pts
Oct 2024+0.7 pts
Jan 2025+6.1 pts
Apr 2025+1.7 pts
Jul 2025−2.7 pts
Oct 2025−2.0 pts
Jan 2026+2.0 pts
Apr 2026−3.3 pts
Jul 2026+0.4 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Brown-Forman's profit turning into cash?

Over the last 3 years, 86% of Brown-Forman Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $1.0 B of operating cash against $715 M of profit. After $107 M of spending on assets, $893 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash $1.0 B against profit $715 M; 86% of 3 years' profit came in as cash

  • Operating cash $1.0 B
  • Net profit $715 M
  • Free cash $893 M
FY26: operating cash $1.0 B against profit $715 M; 86% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY22$936 M$838 M$798 M
FY23$640 M$783 M$457 M
FY24$647 M$1.0 B$419 M
FY25$598 M$869 M$431 M
FY26$1.0 B$715 M$893 M
Operating cash flow and net profit each year, $ B. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jul 2026: operating cash $173 M = 98% of the quarter's profit

  • Operating cash (quarterly) $173 M
Jul 2026: operating cash $173 M = 98% of the quarter's profit
QuarterOperating cash (quarterly)
Oct 2023$59.0 M
Jan 2024$265 M
Apr 2024$285 M
Jul 2024$17.0 M
Oct 2024$112 M
Jan 2025$317 M
Apr 2025$152 M
Jul 2025$160 M
Oct 2025$132 M
Jan 2026$417 M
Apr 2026$291 M
Jul 2026$173 M

Operating cash as % of profit

  • Operating cash as % of profit 98%
Operating cash as % of profit
QuarterOperating cash as % of profit
Oct 202324%
Jan 202493%
Apr 2024107%
Jul 20249%
Oct 202443%
Jan 2025117%
Apr 2025104%
Jul 202594%
Oct 202559%
Jan 2026156%
Apr 2026539%
Jul 202698%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Brown-Forman's cash go?

Brown-Forman Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $502 M on assets over the last 3 years. Averaged over those years that is 4.3% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $502 M over the last 3 years.

FY26: capex $107 M, steady spending

  • Capex $107 M
FY26: capex $107 M, steady spending
QuarterCapex
FY22$138 M
FY23$183 M
FY24$228 M
FY25$167 M
FY26$107 M
Capital spending each year, $ M.

Jul 2026: capex $12.0 M in the quarter

  • Capex (quarterly) $12.0 M
Jul 2026: capex $12.0 M in the quarter
QuarterCapex (quarterly)
Oct 2023$30.0 M
Jan 2024$69.0 M
Apr 2024$80.0 M
Jul 2024$41.0 M
Oct 2024$31.0 M
Jan 2025$45.0 M
Apr 2025$50.0 M
Jul 2025$31.0 M
Oct 2025$25.0 M
Jan 2026$25.0 M
Apr 2026$26.0 M
Jul 2026$12.0 M

Free cash

  • Free cash $161 M
Free cash
QuarterFree cash
Oct 2023$29.0 M
Jan 2024$196 M
Apr 2024$205 M
Jul 2024−$24.0 M
Oct 2024$81.0 M
Jan 2025$272 M
Apr 2025$102 M
Jul 2025$129 M
Oct 2025$107 M
Jan 2026$392 M
Apr 2026$265 M
Jul 2026$161 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Brown-Forman's P/E ratio, and how does it compare with its own history?

Brown-Forman Corporation's P/E is 19.8×, about the highest it has ever been. Its usual P/E (the middle reading) is 16.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 19.8× against a usual 16.9×: about the highest it has ever been

  • P/E 19.1×
  • Median 16.9×
P/E 19.8× against a usual 16.9×: about the highest it has ever been
WeekP/EMedian
11 Jul 202515.8×16.9×
18 Jul 202515.8×16.9×
25 Jul 202516.9×16.9×
1 Aug 202516.1×16.9×
8 Aug 202517.3×16.9×
15 Aug 202517.1×16.9×
22 Aug 202517.5×16.9×
29 Aug 202516.8×16.9×
5 Sep 202516.2×16.9×
12 Sep 202515.4×16.9×
19 Sep 202515.4×16.9×
26 Sep 202515.2×16.9×
3 Oct 202515.7×16.9×
10 Oct 202515.0×16.9×
17 Oct 202516.1×16.9×
24 Oct 202515.7×16.9×
31 Oct 202515.9×16.9×
7 Nov 202515.6×16.9×
14 Nov 202516.3×16.9×
21 Nov 202516.6×16.9×
28 Nov 202517.0×16.9×
5 Dec 202517.8×16.9×
12 Dec 202518.0×16.9×
19 Dec 202516.7×16.9×
26 Dec 202515.3×16.9×
2 Jan 202615.3×16.9×
9 Jan 202615.2×16.9×
16 Jan 202615.4×16.9×
23 Jan 202616.1×16.9×
30 Jan 202616.0×16.9×
6 Feb 202617.2×16.9×
13 Feb 202617.4×16.9×
20 Feb 202617.5×16.9×
27 Feb 202616.8×16.9×
6 Mar 202614.7×16.9×
13 Mar 202613.7×16.9×
20 Mar 202613.3×16.9×
27 Mar 202615.8×16.9×
2 Apr 202615.6×16.9×
10 Apr 202617.2×16.9×
17 Apr 202617.0×16.9×
24 Apr 202616.5×16.9×
1 May 202616.8×16.9×
8 May 202618.2×16.9×
15 May 202617.3×16.9×
22 May 202617.2×16.9×
29 May 202616.9×16.9×
5 Jun 202617.2×16.9×
12 Jun 202617.8×16.9×
18 Jun 202617.5×16.9×
26 Jun 202618.4×16.9×
2 Jul 202617.2×16.9×
10 Jul 202617.2×16.9×
17 Jul 202616.8×16.9×
24 Jul 202617.1×16.9×
31 Jul 202618.6×16.9×
7 Aug 202618.5×16.9×
14 Aug 202618.4×16.9×
21 Aug 202618.4×16.9×
28 Aug 202617.6×16.9×
4 Sep 202617.3×16.9×
11 Sep 202617.0×16.9×
18 Sep 202616.8×16.9×
25 Sep 202617.0×16.9×
2 Oct 202617.0×16.9×
9 Oct 202617.1×16.9×
16 Oct 202618.7×16.9×
23 Oct 202619.1×16.9×
30 Oct 202618.6×16.9×
4 Nov 202619.1×16.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $1.54
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$1.78
3 Oct 2025$1.78
10 Oct 2025$1.78
17 Oct 2025$1.78
24 Oct 2025$1.78
31 Oct 2025$1.78
7 Nov 2025$1.78
14 Nov 2025$1.78
21 Nov 2025$1.78
28 Nov 2025$1.78
5 Dec 2025$1.78
12 Dec 2025$1.78
19 Dec 2025$1.78
26 Dec 2025$1.71
2 Jan 2026$1.71
9 Jan 2026$1.71
16 Jan 2026$1.71
23 Jan 2026$1.71
30 Jan 2026$1.71
6 Feb 2026$1.71
13 Feb 2026$1.71
20 Feb 2026$1.71
27 Feb 2026$1.71
6 Mar 2026$1.71
13 Mar 2026$1.71
20 Mar 2026$1.71
27 Mar 2026$1.72
2 Apr 2026$1.72
10 Apr 2026$1.72
17 Apr 2026$1.72
24 Apr 2026$1.72
1 May 2026$1.72
8 May 2026$1.72
15 May 2026$1.72
22 May 2026$1.72
29 May 2026$1.72
5 Jun 2026$1.72
12 Jun 2026$1.72
18 Jun 2026$1.72
26 Jun 2026$1.52
2 Jul 2026$1.52
10 Jul 2026$1.52
17 Jul 2026$1.52
24 Jul 2026$1.52
31 Jul 2026$1.52
7 Aug 2026$1.52
14 Aug 2026$1.52
21 Aug 2026$1.52
28 Aug 2026$1.52
4 Sep 2026$1.52
11 Sep 2026$1.52
18 Sep 2026$1.52
25 Sep 2026$1.54
2 Oct 2026$1.54
9 Oct 2026$1.54
16 Oct 2026$1.54
23 Oct 2026$1.54
30 Oct 2026$1.54
4 Nov 2026$1.54
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 19× are drawn at the top edge.

PEG 11.23 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 6.00×
  • PEG = 1.0 1.00×
PEG 11.23 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Jul 20215.23×1.00×
Oct 20214.97×1.00×
Jan 20224.12×1.00×
Apr 20224.54×1.00×
Jul 20223.79×1.00×
Oct 20224.21×1.00×
Jan 20234.29×1.00×
Apr 20234.30×1.00×
Jul 20234.00×1.00×
Oct 20233.84×1.00×
Jan 20245.39×1.00×
Apr 20246.00×1.00×
Jul 20246.00×1.00×
Oct 20246.00×1.00×
Jan 20255.56×1.00×
Apr 20256.00×1.00×
Jul 20256.00×1.00×
Oct 20256.00×1.00×
Jan 20266.00×1.00×
Apr 20266.00×1.00×
Jul 20266.00×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 21 quarters; values above 6 are drawn at the top edge.
19.8×P/E · higher than 99% of its last 1 year
14.73PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −16.8% while the price moved +15.3%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Brown-Forman business getting better or worse?

Brown-Forman Corporation's business is giving mixed signals. Revenue, profit and EPS growth are shrinking while ROCE is steady at 16.6%, so growth and returns point different ways. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −1.2% in FY26, profit −17.7%

  • Revenue growth −1.2%
Growth year by year: revenue −1.2% in FY26, profit −17.7%
QuarterRevenue growth
FY22–
FY237.5%
FY24−1.2%
FY25−4.9%
FY26−1.2%

Profit growth, EPS growth

  • Profit growth −17.7%
  • EPS growth −16.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY22––
FY23−6.6%−6.3%
FY2430.8%31.3%
FY25−15.1%−14.1%
FY26−17.7%−16.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit stabilising

  • Revenue −0.8%
Three growth lines over twelve quarters: revenue stabilising, profit stabilising
QuarterRevenue
Oct 20233.3%
Jan 20242%
Apr 2024−1.2%
Jul 2024−3.9%
Oct 2024−4.5%
Jan 2025−5%
Apr 2025−4.9%
Jul 2025−3.5%
Oct 2025−4.7%
Jan 2026−3.3%
Apr 2026−1.2%
Jul 2026−0.8%

Profit, EPS

  • Profit −14.6%
  • EPS −13.6%
Profit, EPS
QuarterProfitEPS
Oct 2023−12%−12%
Jan 202432.7%33.3%
Apr 202430.8%31.5%
Jul 202429.2%30.3%
Oct 202428.7%30.8%
Jan 20252.5%3.8%
Apr 2025−15.1%−14.3%
Jul 2025−14.6%−13.8%
Oct 2025−19.3%−19.3%
Jan 2026−18.4%−17.8%
Apr 2026−17.7%−17%
Jul 2026−14.6%−13.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 16.6%
ROCE: the return line, worked out each quarter
QuarterROCE
Oct 202320%
Jan 202419.4%
Apr 202417.3%
Jul 202416.8%
Oct 202416.5%
Jan 202517.5%
Apr 202517.2%
Jul 202517.2%
Oct 202516.2%
Jan 202616.6%
Apr 202616.2%
Jul 202616.6%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RecoveringRevenue growth · latest −0.8%, range −5.0% to +3.3%
FlatProfit growth · latest −14.6%, range −19.3% to +32.7%
FlatEPS growth · latest −13.6%, range −19.3% to +33.3%
Steady highROCE · latest 16.6%, range 16.2% to 20.0%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−1.2%−2.4%——
Profit−17.7%−3.0%——
EPS−16.8%−2.1%——
Stock price+15.3%———
−1.4%Revenue growth (Jul 2026) · latest quarter against a year ago
+3.5%Profit growth (Jul 2026) · latest quarter against a year ago
0.0%Revenue, 4 years · yearly growth over the long run

How much does Brown-Forman earn on its capital?

Brown-Forman Corporation earned a ROE of 18% in FY26. Its return on capital used (ROIC) is 8.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.2% net margin and 0.50× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 18.2% net margin × 0.50× asset turnover × 1.96× leverage (assets divided by equity) ≈ 17.8% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 14.3% − 5.6% = +8.7 percentage points. The 5.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

FY26: ROE 18%, the full history

  • ROE 17.8%
  • ROIC (annual) 14%
  • Cost of capital 5.6%
FY26: ROE 18%, the full history
QuarterROEROIC (annual)Cost of capital
FY2230.6%22.3%5.6%
FY2324%18%5.6%
FY2429.1%14.8%5.6%
FY2521.8%14.8%5.6%
FY2617.8%14%5.6%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 5.6% cost of capital used on this page.

Jul 2026: ROIC 13.9% (last 12 months) against a 5.6% cost of capital

  • ROIC (12 months) 13.9%
  • ROE (12 months) 5.3%
  • Cost of capital 5.6%
Jul 2026: ROIC 13.9% (last 12 months) against a 5.6% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Oct 202318.2%28%5.6%
Jan 202417.1%28.5%5.6%
Apr 202416%34%5.6%
Jul 202415%31.5%5.6%
Oct 202414.4%22.3%5.6%
Jan 202514.5%28.8%5.6%
Apr 202515%28.7%5.6%
Jul 202515%14.9%5.6%
Oct 202514.6%17%5.6%
Jan 202614%22.1%5.6%
Apr 202614.4%26%5.6%
Jul 202613.9%5.3%5.6%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Brown-Forman have too much debt?

Brown-Forman Corporation has total debt of $2.4 B against shareholder equity of $4.0 B as of Jul 2026, so its debt is 0.62× its equity. Year by year, that ratio went from 0.86 in FY22 to 0.65 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $2.6 B, 0.65× equity

  • Total debt $2.6 B
FY26: debt $2.6 B, 0.65× equity
QuarterTotal debt
FY22$2.3 B
FY23$3.0 B
FY24$3.2 B
FY25$2.8 B
FY26$2.6 B

Debt-to-equity

  • Debt-to-equity 0.65×
Debt-to-equity
QuarterDebt-to-equity
FY220.86×
FY230.92×
FY240.91×
FY250.71×
FY260.65×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jul 2026: debt $2.4 B, debt-to-equity 0.62

  • Total debt (quarterly) $2.4 B
Jul 2026: debt $2.4 B, debt-to-equity 0.62
QuarterTotal debt (quarterly)
Oct 2023$3.1 B
Jan 2024$3.4 B
Apr 2024$3.2 B
Jul 2024$3.2 B
Oct 2024$3.2 B
Jan 2025$2.9 B
Apr 2025$2.8 B
Jul 2025$2.7 B
Oct 2025$2.6 B
Jan 2026$2.7 B
Apr 2026$2.6 B
Jul 2026$2.4 B

Debt-to-equity

  • Debt-to-equity 0.62×
Debt-to-equity
QuarterDebt-to-equity
Oct 20230.90×
Jan 20241.05×
Apr 20240.91×
Jul 20240.91×
Oct 20240.86×
Jan 20250.75×
Apr 20250.71×
Jul 20250.68×
Oct 20250.64×
Jan 20260.67×
Apr 20260.65×
Jul 20260.62×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Brown-Forman shareholding pattern?

9.8% of Brown-Forman Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 11.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

9.8%Short interest · of the tradable float
11.9Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Brown-Forman from balance-sheet trouble?

For Brown-Forman Corporation, the Z-score is 4.27. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 4.27 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Brown-Forman rank in its industry?

67.3 out of 100, rank 1 of 5 in Beverages - Wineries & Distilleries, with 85% of the evidence available.

Brown-Forman Corporation scores 67.3 out of 100 against the 5 companies it is compared with in Beverages - Wineries & Distilleries, ranking 1. Relative strength against the index is 4.8%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 12.7 + 20.5 + 15 + 19.1 = 67.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Brown-Forman compared with?

Brown-Forman ranks 1 of 5 Beverages - Wineries & Distilleries companies on the 4-Factor Sector Score, with 67.3 out of 100.

  1. 1Brown-Forman Corporation this pageBF-B · turning · Most evidence points up · 85% evidence67.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.7/35 · Revenue -0.8% · Profit -14.6% · Operating margin change 0.4 points · 95% evidenceCapital efficiency 20.5/25 · ROCE 16.7% · Operating margin 27.6% · 76% evidenceValuation 15.0/20 · P/E 18.3× · PEG 0.67 · 65% evidenceRelative strength 19.1/20 · Lead over its industry 4.1% · Lead over S&P 500 4.8% · 1 year 15.3% · 100% evidence · 4 of 12 weeks aheadExact sum: 12.7 + 20.5 + 15 + 19.1 = 67.3 · What this means: Relative strength against the index is 4.8%, and revenue and profit growth are weak.
  2. 2Diageo plcDEO · breaking out · Too little evidence to rank firmly · 51% evidence64.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.8/35 · Revenue — · Profit — · Operating margin change 2 points · 26% evidenceCapital efficiency 16.9/25 · ROCE 15.9% · Operating margin 27% · 76% evidenceValuation 9.3/20 · P/E 20× · PEG — · 15% evidenceRelative strength 17.6/20 · Lead over its industry 4.3% · Lead over S&P 500 5.2% · 1 year 7.6% · 100% evidence · 5 of 12 weeks aheadExact sum: 20.8 + 16.9 + 9.3 + 17.6 = 64.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  3. 3SNDL Inc.SNDL · turning · Most evidence points down · 64% evidence34.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.0/35 · Revenue -1.8% · Profit — · Operating margin change -3.5 points · 62% evidenceCapital efficiency 3.6/25 · ROCE -1.3% · Operating margin -2.3% · 76% evidenceValuation 11.5/20 · P/E -37.2× · PEG — · 15% evidenceRelative strength 6.0/20 · Lead over its industry -10.5% · Lead over S&P 500 -10.2% · 1 year -20.8% · 100% evidence · 1 of 12 weeks aheadExact sum: 13 + 3.6 + 11.5 + 6 = 34.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4MGP Ingredients, Inc.MGPI · Too little evidence to rank firmly · 44% evidence37.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.7/43.75 · Revenue -18.1% · Profit — · Operating margin change -4.7 points · 62% evidenceCapital efficiency 11.2/31.25 · ROCE 6.7% · Operating margin 14.8% · 76% evidenceValuation 13.4/25 · P/E -1.6× · PEG — · 15% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 12.7 + 11.2 + 13.4 = 37.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  5. 5Agencia Comercial Spirits LtdAGCC · quiet · Too little evidence to rank firmly · 36% evidence35.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.9/35 · Revenue — · Profit — · Operating margin change -30.9 points · 15% evidenceCapital efficiency 8.7/25 · ROCE 7.8% · Operating margin 6.3% · 57% evidenceValuation 8.5/20 · P/E 318.3× · PEG — · 15% evidenceRelative strength 3.8/20 · Lead over its industry -4.6% · Lead over S&P 500 -4% · 1 year 164.6% · 70% evidence · 0 of 12 weeks aheadExact sum: 14.9 + 8.7 + 8.5 + 3.8 = 35.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Beverages - Wineries & Distilleries, all 5 compared on one page.

Which companies are close to Brown-Forman in size?

Brown-Forman is the 2nd largest of 5 Beverages - Wineries & Distilleries companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Diageo plc. Just below it: MGP Ingredients, Inc., SNDL Inc. and Agencia Comercial Spirits.

Beverages - Wineries & Distilleries companies close in size

  1. Diageo plc $54.3 billion
  2. Brown-Forman Corporation $14.1 billion
  3. MGP Ingredients, Inc. $383 million
  4. SNDL Inc. $344 million
  5. Agencia Comercial Spirits Ltd $324 million

All 5 Beverages - Wineries & Distilleries companies, largest first

Companies close in size in other industries

  1. Healthpeak Properties, Inc. $14.2 billion · REIT - Healthcare Facilities
  2. The J. M. Smucker Company $14.1 billion · Packaged Foods
  3. Brown-Forman Corporation $14.1 billion
  4. Ares Capital Corporation $14.1 billion · Asset Management
  5. CACI International Inc $14 billion · Information Technology Services

What else do people ask about Brown-Forman?

What were Brown-Forman's latest quarterly results?

Brown-Forman Corporation reported revenue of $911 M and net profit of $176 M for the Jul 2026 quarter. Revenue fell 1.4% and profit rose 3.5% compared with a year earlier. Earnings per share were $0.38.

The operating margin was 27.6%, 0.4 percentage points higher than a year earlier (as of 4 November 2026).

What is Brown-Forman's market cap?

Brown-Forman Corporation's market capitalisation is $14.1 B at a stock price of $30.68. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Brown-Forman performing?

Brown-Forman Corporation's latest readings are below. In its latest quarter, revenue fell 1.4% and profit rose 3.5% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Brown-Forman's stock price go up?

This page does not forecast Brown-Forman Corporation's stock price. What it shows instead: the stock price is $30.68. Its P/E of 19.8× is higher than 99% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Brown-Forman in its business cycle?

Brown-Forman Corporation's FY26 operating margin was 28.1%, against a 5-year range of 27.4% to 31.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 27.6%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Brown-Forman story?

The main question: the share price moved +15.3% in a year while yearly earnings per share moved −16.8%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Brown-Forman a stock worth studying right now?

What the numbers show: Brown-Forman Corporation's share price has risen faster than its earnings: +15.3% in a year, against −16.8% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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