Brown Forman Financial Ratios
NYSE: BF.BConsumer DefensiveBeverages - Wineries & DistilleriesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Brown Forman ratio analysis
Brown Forman earned a net margin of 18.2% in FY 2026, down from 21.9% a year earlier. Gross margin was 60.5% compared with a median of 60.8% over the prior 9 years. Return on equity reached 17.8%, meaning Brown Forman generated 0.18 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.62 versus 0.68 the year before, and the current ratio was 3.24. At the end of FY 2026, BF.B traded at 16.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 16.7 to 40.6, with a median of 33.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Brown Forman financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 16.70 | 18.75 | 22.39 | 39.93 | 38.76 | 40.57 | 35.48 | 30.64 | 37.74 | 27.63 |
| Price / sales | 3.03 | 4.10 | 5.46 | 7.38 | 8.21 | 10.55 | 8.67 | 7.64 | 8.26 | 6.13 |
| Price / book | 2.96 | 4.08 | 6.49 | 9.54 | 11.80 | 13.74 | 14.76 | 15.41 | 20.39 | 13.39 |
| Gross margin | 60.5% | 58.9% | 60.5% | 59.0% | 60.8% | 60.5% | 63.2% | 65.2% | 67.8% | 67.5% |
| Operating margin | 25.5% | 27.8% | 33.8% | 26.7% | 30.6% | 33.7% | 32.4% | 34.4% | 32.3% | 33.7% |
| Net margin | 18.2% | 21.9% | 24.5% | 18.5% | 21.3% | 26.1% | 24.6% | 25.1% | 22.1% | 22.3% |
| Free cash flow margin | 22.7% | 10.8% | 10.0% | 10.8% | 20.3% | 21.8% | 18.2% | 20.5% | 16.2% | 18.2% |
| Return on equity (ROE) | 17.8% | 21.8% | 29.1% | 24.0% | 30.6% | 34.0% | 41.9% | 50.7% | 54.5% | 48.8% |
| Return on assets (ROA) | 9.1% | 10.7% | 12.5% | 10.1% | 13.1% | 13.8% | 14.3% | 16.2% | 14.4% | 14.5% |
| Debt / equity | 0.62 | 0.68 | 0.88 | 0.89 | 0.83 | 0.96 | 1.32 | 1.48 | 1.94 | 1.57 |
| Current ratio | 3.24 | 3.88 | 2.59 | 3.51 | 3.65 | 4.27 | 3.71 | 3.87 | 3.11 | 2.42 |
| Revenue growth | -1.2% | -4.9% | -1.2% | 7.5% | 13.6% | 2.9% | 1.2% | 2.3% | 8.5% | -25.4% |
| EPS growth | -16.8% | -14.0% | 31.3% | -6.3% | -7.4% | 9.3% | -0.6% | 16.9% | 8.0% | -34.4% |