Brown Forman Cash Flow Statement
NYSE: BF.AConsumer DefensiveBeverages - Wineries & DistilleriesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Brown Forman free cash flow
In fiscal 2026, Brown Forman generated $1.00 billion of operating cash flow and spent $107.0 million on capital expenditures. That left free cash flow of $893.0 million, a free-cash-flow margin of 22.7% of revenue. Free cash flow was up 107.2% from the prior year's $431.0 million.
Brown Forman returned $827.0 million to shareholders: $427.0 million in dividends and $400.0 million in share repurchases, equal to 93% of free cash flow. Free cash flow covered dividend payments 2.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Brown Forman cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-04-30 | FY 20252025-04-30 | FY 20242024-04-30 | FY 20232023-04-30 | FY 20222022-04-30 | FY 20212021-04-30 | FY 20202020-04-30 | FY 20192019-04-30 | FY 20182018-04-30 | FY 20172017-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 715.00M | 869.00M | 1.02B | 783.00M | 838.00M | 903.00M | 827.00M | 835.00M | 717.00M | 669.00M |
| Net Income growth (YoY) | -17.72% | -15.14% | +30.78% | -6.56% | -7.20% | +9.19% | -0.96% | +16.46% | +7.17% | -37.30% |
| Depreciation & Amortization | 92.00M | 87.00M | 87.00M | 80.00M | 79.00M | 77.00M | 74.00M | 72.00M | 64.00M | 58.00M |
| Stock-Based Compensation | 32.00M | 28.00M | 25.00M | 18.00M | 15.00M | 12.00M | 11.00M | 14.00M | 19.00M | 14.00M |
| Change in Working Capital | 39.00M | -174.00M | -292.00M | -347.00M | -133.00M | -50.00M | -221.00M | -182.00M | -114.00M | -97.00M |
| Operating Cash Flow | 1.00B | 598.00M | 647.00M | 640.00M | 936.00M | 817.00M | 724.00M | 800.00M | 653.00M | 656.00M |
| Capital Expenditures | -107.00M | -167.00M | -228.00M | -183.00M | -138.00M | -62.00M | -113.00M | -119.00M | -127.00M | -112.00M |
| Investing Cash Flow | -71.00M | 249.00M | 49.00M | -1.35B | -127.00M | 98.00M | -141.00M | -119.00M | -149.00M | -439.00M |
| Dividends Paid | -427.00M | -420.00M | -404.00M | -378.00M | -831.00M | -338.00M | -325.00M | -310.00M | -773.00M | -274.00M |
| Share Repurchases | -400.00M | 0 | -400.00M | 0 | 0 | 0 | -1.00M | -207.00M | -1.00M | -561.00M |
| Debt Issued | — | 0 | 0 | 648.00M | 0 | 0 | 0 | 0 | 595.00M | 717.00M |
| Debt Repaid | 0 | -300.00M | 0 | -250.00M | 0 | 0 | 0 | 0 | -250.00M | 0 |
| Financing Cash Flow | -1.07B | -843.00M | -618.00M | 239.00M | -1.04B | -485.00M | -191.00M | -599.00M | -466.00M | -285.00M |
| Net Change in Cash | -136.00M | 7.00M | 72.00M | -490.00M | -276.00M | 475.00M | 368.00M | 68.00M | 57.00M | -81.00M |
| Free Cash Flow | 893.00M | 431.00M | 419.00M | 457.00M | 798.00M | 755.00M | 611.00M | 681.00M | 526.00M | 544.00M |
This table shows 10 annual periods of Brown Forman's cash flow statement, from FY 2026 back to FY 2017, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow BF.A's reporting calendar. What is a cash flow statement?