See more : FAR Limited (FAR.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Brown-Forman Corporation (BF-A) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Brown-Forman Corporation, a leading company in the Beverages – Wineries & Distilleries industry within the Consumer Defensive sector.
You may be interested
- Finexia Financial Group Limited (FNX.AX) Income Statement Analysis – Financial Results
- SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares (HDL) Income Statement Analysis – Financial Results
- Wells Fargo & Company (WFC-PL) Income Statement Analysis – Financial Results
- Huddled Group Plc (HUD.L) Income Statement Analysis – Financial Results
- Esso (Thailand) Public Company Limited (ESSO.BK) Income Statement Analysis – Financial Results
Brown-Forman Corporation (BF-A)
Industry: Beverages - Wineries & Distilleries
Sector: Consumer Defensive
Website: https://www.brown-forman.com
About Brown-Forman Corporation
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.18B | 4.23B | 3.93B | 3.46B | 3.36B | 3.32B | 3.25B | 2.99B | 3.09B | 3.13B | 2.99B | 2.85B | 2.72B | 2.59B | 2.47B | 2.48B | 2.58B | 2.22B | 1.98B | 2.31B | 2.21B | 2.06B | 1.96B | 1.92B | 1.88B | 1.78B | 1.67B | 1.58B | 1.54B | 1.42B | 1.40B | 1.41B | 1.26B | 1.12B | 1.02B | 1.01B | 1.07B | 1.10B | 994.90M |
| Cost of Revenue | 1.65B | 1.73B | 1.54B | 1.37B | 1.24B | 1.16B | 1.05B | 973.00M | 945.00M | 951.00M | 913.00M | 894.00M | 928.40M | 862.10M | 857.60M | 904.00M | 887.00M | 737.00M | 655.00M | 912.00M | 915.00M | 878.00M | 825.00M | 718.00M | 712.00M | 676.00M | 639.00M | 630.00M | 618.00M | 552.80M | 538.00M | 554.70M | 487.00M | 426.90M | 392.10M | 412.70M | 489.30M | 514.20M | 457.30M |
| Gross Profit | 2.53B | 2.49B | 2.39B | 2.09B | 2.13B | 2.17B | 2.20B | 2.02B | 2.14B | 2.18B | 2.08B | 1.96B | 1.80B | 1.72B | 1.61B | 1.58B | 1.70B | 1.48B | 1.32B | 1.40B | 1.30B | 1.18B | 1.13B | 1.21B | 1.17B | 1.10B | 1.03B | 954.00M | 926.00M | 867.40M | 863.40M | 859.80M | 773.10M | 692.00M | 624.50M | 593.10M | 577.30M | 583.90M | 537.60M |
| Gross Profit Ratio | 60.46% | 58.99% | 60.79% | 60.50% | 63.25% | 65.16% | 67.80% | 67.50% | 69.41% | 69.66% | 69.48% | 68.62% | 65.91% | 66.67% | 65.26% | 63.56% | 65.65% | 66.77% | 66.85% | 60.55% | 58.65% | 57.38% | 57.87% | 62.68% | 62.07% | 61.94% | 61.71% | 60.23% | 59.97% | 61.08% | 61.61% | 60.78% | 61.35% | 61.85% | 61.43% | 58.97% | 54.13% | 53.17% | 54.04% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 826.00M | 742.00M | 690.00M | 671.00M | 642.00M | 641.00M | 765.00M | 667.00M | 688.00M | 697.00M | 686.00M | 650.00M | 609.10M | 574.00M | 539.50M | 548.00M | 592.00M | 537.00M | 480.00M | 574.00M | 527.00M | 487.00M | 481.00M | 484.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 529.00M | 506.00M | 438.00M | 399.00M | 383.00M | 396.00M | 414.00M | 383.00M | 417.00M | 437.00M | 436.00M | 408.00M | 395.00M | 366.50M | 349.90M | 383.00M | 415.00M | 361.00M | 325.00M | 371.00M | 354.00M | 321.00M | 299.00M | 295.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.36B | 1.25B | 1.13B | 1.07B | 1.03B | 1.04B | 1.18B | 1.05B | 1.11B | 1.13B | 1.12B | 1.06B | 1.00B | 940.50M | 889.40M | 931.00M | 1.01B | 898.00M | 805.00M | 945.00M | 881.00M | 808.00M | 780.00M | 779.00M | 755.00M | 723.00M | 672.00M | 617.00M | 606.00M | 556.10M | 586.50M | 569.40M | 509.80M | 443.00M | 374.00M | 363.60M | 364.10M | 381.30M | 329.40M |
| Other Expenses | -243.00M | 119.00M | 59.00M | -15.00M | 11.00M | -22.00M | -16.00M | -18.00M | -9.00M | 22.00M | -15.00M | -1.00M | 2.00M | -71.00M | 5.00M | -15.00M | 3.00M | -19.00M | -47.00M | 37.00M | 10.00M | -4.00M | 0.00 | 0.00 | 62.00M | 55.00M | 51.00M | 50.00M | 46.00M | 43.50M | 36.60M | 35.10M | 29.60M | 25.50M | 25.40M | 21.10M | 21.50M | 20.50M | 18.10M |
| Operating Expenses | 1.11B | 1.37B | 1.19B | 1.06B | 1.04B | 1.02B | 1.16B | 1.03B | 1.10B | 1.16B | 1.11B | 1.06B | 1.01B | 869.40M | 901.30M | 916.00M | 1.01B | 879.00M | 758.00M | 982.00M | 891.00M | 804.00M | 780.00M | 779.00M | 817.00M | 778.00M | 723.00M | 667.00M | 652.00M | 599.60M | 623.10M | 604.50M | 539.40M | 468.50M | 399.40M | 384.70M | 385.60M | 401.80M | 347.50M |
| Cost & Expenses | 2.76B | 3.10B | 2.73B | 2.42B | 2.27B | 2.18B | 2.21B | 2.01B | 2.04B | 2.11B | 2.02B | 1.95B | 1.94B | 1.73B | 1.76B | 1.82B | 1.90B | 1.62B | 1.41B | 1.89B | 1.81B | 1.68B | 1.61B | 1.50B | 1.53B | 1.45B | 1.36B | 1.30B | 1.27B | 1.15B | 1.16B | 1.16B | 1.03B | 895.40M | 791.50M | 797.40M | 874.90M | 916.00M | 804.80M |
| Interest Income | 14.00M | 9.00M | 5.00M | 2.00M | 5.00M | 8.00M | 6.00M | 3.00M | 2.00M | 2.00M | 2.00M | 3.00M | 3.00M | 3.00M | 3.00M | 6.00M | 8.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 127.00M | 81.00M | 77.00M | 79.00M | 77.00M | 80.00M | 62.00M | 56.00M | 44.00M | 25.00M | 24.00M | 33.00M | 31.00M | 29.00M | 28.00M | 37.00M | 49.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 87.00M | 80.00M | 79.00M | 77.00M | 74.00M | 72.00M | 64.00M | 58.00M | 56.00M | 51.00M | 50.00M | 51.00M | 3.50M | 5.10M | 5.00M | 55.00M | 52.00M | 44.00M | 44.00M | 58.00M | 56.00M | 55.00M | 55.00M | 64.00M | 62.00M | 55.00M | 51.00M | 50.00M | 46.00M | 43.50M | 36.60M | 35.10M | 29.60M | 25.50M | 25.40M | 21.10M | 21.50M | 20.50M | 18.10M |
| EBITDA | 1.51B | 1.31B | 1.32B | 1.09B | 1.17B | 1.19B | 1.09B | 1.05B | 1.11B | 1.08B | 1.02B | 954.00M | 843.00M | 917.00M | 772.00M | 722.00M | 745.00M | 627.00M | 560.00M | 569.00M | 423.00M | 427.00M | 408.00M | 491.00M | 410.00M | 377.00M | 358.00M | 337.00M | 320.00M | 311.30M | 276.90M | 290.40M | 263.30M | 249.00M | 250.50M | 229.50M | 213.20M | 202.60M | 208.20M |
| EBITDA Ratio | 36.19% | 25.97% | 30.28% | 29.85% | 32.29% | 33.75% | 31.99% | 33.03% | 33.93% | 32.77% | 32.46% | 31.52% | 29.08% | 33.25% | 28.96% | 29.10% | 28.47% | 28.27% | 28.34% | 19.07% | 21.37% | 20.83% | 20.84% | 25.52% | 21.84% | 20.89% | 21.27% | 21.09% | 20.53% | 21.79% | 17.33% | 20.31% | 20.60% | 21.61% | 29.61% | 18.62% | 19.79% | 18.29% | 20.80% |
| Operating Income | 1.41B | 1.13B | 1.20B | 1.17B | 1.09B | 1.14B | 1.04B | 989.00M | 1.53B | 1.03B | 971.00M | 898.00M | 788.40M | 855.00M | 710.00M | 661.00M | 685.00M | 602.00M | 563.00M | 418.00M | 407.00M | 378.00M | 353.00M | 374.00M | 348.00M | 322.00M | 307.00M | 287.00M | 274.00M | 267.80M | 240.30M | 255.30M | 233.70M | 223.50M | 225.10M | 208.40M | 191.70M | 182.10M | 190.10M |
| Operating Income Ratio | 33.84% | 26.66% | 30.61% | 33.69% | 32.44% | 34.42% | 31.99% | 33.03% | 49.63% | 32.77% | 32.46% | 31.52% | 28.95% | 33.06% | 28.76% | 26.64% | 26.53% | 27.14% | 28.49% | 18.08% | 18.39% | 18.35% | 18.03% | 19.44% | 18.54% | 18.13% | 18.39% | 18.12% | 17.75% | 18.86% | 17.15% | 18.05% | 18.55% | 19.97% | 22.14% | 20.72% | 17.97% | 16.58% | 19.11% |
| Total Other Income/Expenses | -116.00M | -110.00M | -90.00M | -85.00M | -82.00M | -102.00M | -71.00M | -77.00M | -44.00M | -25.00M | -24.00M | -33.00M | -28.00M | -26.00M | -28.00M | -31.00M | -41.00M | -16.00M | -4.00M | 87.00M | 7.00M | 1.00M | -5.00M | -8.00M | -5.00M | -4.00M | -11.00M | -14.00M | -17.00M | -20.80M | 16.90M | -12.70M | -10.00M | -4.00M | -67.30M | 17.40M | -16.30M | -20.30M | -26.80M |
| Income Before Tax | 1.30B | 1.02B | 1.11B | 1.08B | 1.01B | 1.04B | 977.00M | 933.00M | 1.49B | 1.00B | 947.00M | 865.00M | 760.10M | 828.60M | 682.00M | 630.00M | 644.00M | 586.00M | 559.00M | 476.00M | 388.00M | 373.00M | 348.00M | 366.00M | 343.00M | 318.00M | 296.00M | 273.00M | 257.00M | 247.00M | 257.20M | 242.60M | 223.70M | 219.50M | 157.80M | 225.80M | 175.40M | 161.80M | 163.30M |
| Income Before Tax Ratio | 31.07% | 24.05% | 28.32% | 31.23% | 30.00% | 31.35% | 30.08% | 31.16% | 48.20% | 31.97% | 31.66% | 30.36% | 27.91% | 32.04% | 27.62% | 25.39% | 24.94% | 26.42% | 28.29% | 20.59% | 17.53% | 18.11% | 17.77% | 19.02% | 18.27% | 17.91% | 17.74% | 17.23% | 16.65% | 17.39% | 18.35% | 17.15% | 17.75% | 19.62% | 15.52% | 22.45% | 16.44% | 14.73% | 16.41% |
| Income Tax Expense | 274.00M | 234.00M | 276.00M | 178.00M | 182.00M | 207.00M | 260.00M | 264.00M | 422.00M | 318.00M | 288.00M | 274.00M | 246.90M | 257.00M | 232.80M | 195.00M | 204.00M | 186.00M | 164.00M | 168.00M | 130.00M | 128.00M | 120.00M | 133.00M | 125.00M | 116.00M | 111.00M | 104.00M | 97.00M | 98.40M | 96.20M | 86.40M | 77.30M | 74.30M | 76.80M | 81.30M | 72.00M | 72.20M | 76.90M |
| Net Income | 1.02B | 783.00M | 838.00M | 903.00M | 827.00M | 835.00M | 717.00M | 669.00M | 1.07B | 684.00M | 659.00M | 591.00M | 513.20M | 571.60M | 449.20M | 435.00M | 440.00M | 389.00M | 320.00M | 308.00M | 258.00M | 245.00M | 228.00M | 233.00M | 218.00M | 202.00M | 185.00M | 169.00M | 160.00M | 148.60M | 128.50M | 156.20M | 146.40M | 145.20M | 81.00M | 144.50M | 103.40M | 89.60M | 86.40M |
| Net Income Ratio | 24.51% | 18.52% | 21.31% | 26.09% | 24.59% | 25.12% | 22.08% | 22.34% | 34.54% | 21.83% | 22.03% | 20.74% | 18.84% | 22.10% | 18.19% | 17.53% | 17.04% | 17.54% | 16.19% | 13.32% | 11.66% | 11.89% | 11.64% | 12.11% | 11.61% | 11.37% | 11.08% | 10.67% | 10.36% | 10.46% | 9.17% | 11.04% | 11.62% | 12.98% | 7.97% | 14.37% | 9.69% | 8.16% | 8.68% |
| EPS | 2.15 | 1.64 | 1.75 | 1.89 | 1.73 | 1.74 | 1.49 | 1.38 | 2.10 | 1.29 | 1.23 | 1.11 | 0.96 | 1.05 | 0.81 | 0.77 | 0.77 | 0.68 | 0.56 | 0.54 | 0.43 | 0.35 | 0.36 | 0.36 | 0.34 | 0.31 | 0.28 | 0.26 | 0.25 | 0.23 | 0.17 | 0.20 | 0.19 | 0.18 | 0.10 | 0.18 | 0.12 | 0.10 | 0.09 |
| EPS Diluted | 2.15 | 1.63 | 1.74 | 1.88 | 1.72 | 1.73 | 1.48 | 1.37 | 2.09 | 1.28 | 1.22 | 1.10 | 0.95 | 1.04 | 0.81 | 0.77 | 0.76 | 0.67 | 0.55 | 0.54 | 0.42 | 0.35 | 0.35 | 0.36 | 0.34 | 0.31 | 0.28 | 0.26 | 0.25 | 0.23 | 0.17 | 0.20 | 0.19 | 0.18 | 0.10 | 0.18 | 0.12 | 0.10 | 0.09 |
| Weighted Avg Shares Out | 476.39M | 479.16M | 478.88M | 478.53M | 477.77M | 478.96M | 480.32M | 484.64M | 507.44M | 528.98M | 533.64M | 533.42M | 536.32M | 546.01M | 554.38M | 564.38M | 574.13M | 576.09M | 572.34M | 570.47M | 569.06M | 687.50M | 641.72M | 642.19M | 642.19M | 643.13M | 646.07M | 642.86M | 645.29M | 645.78M | 736.20M | 776.43M | 777.17M | 784.14M | 786.13M | 789.47M | 893.23M | 898.19M | 904.85M |
| Weighted Avg Shares Out (Dil) | 477.22M | 480.57M | 480.57M | 480.68M | 480.41M | 482.07M | 484.25M | 488.08M | 510.70M | 532.71M | 537.71M | 537.47M | 540.21M | 549.43M | 557.16M | 567.75M | 579.38M | 582.19M | 578.44M | 574.22M | 571.88M | 687.50M | 651.68M | 643.13M | 643.13M | 644.06M | 647.15M | 646.88M | 646.84M | 646.84M | 767.40M | 776.43M | 777.17M | 784.14M | 786.13M | 789.47M | 893.23M | 898.19M | 904.85M |
Brown-Forman B (BF.B) Earnings Expected to Grow: Should You Buy?
Brown-Forman B (BF.B) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Brown-Forman Announces Casa Herradura Expansion
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) today announces plans to expand its Casa Herradura tequila distillery in Jalisco, Mexico. The approximate $200 million USD investment will allow the company to meet the increasing global demand for its premium tequilas. Construction is...
Brown-Forman Declares Cash Dividend
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class A and Class B Common Stock. The dividend is payable on July...
Brown-Forman B (BF.B) Upgraded to Buy: What Does It Mean for the Stock?
Brown-Forman B (BF.B) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
7 Stocks That Can Thrive Even in an Uncertain Economy
It's time to be looking for stocks for an uncertain economy. Because, as investors, we face a highly complicated macroeconomic outlook.
Brown-Forman Announces $650 Million Debt Offering
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced the pricing of a $650 million 10-year senior unsecured note. The 4.750% 10-year senior notes are due April 15, 2033. Brown-Forman intends to use the net proceeds from the offering to...
Brown-Forman (BF.B) Q3 Earnings Miss, Sales Top Estimates
Brown-Forman's (BF.B) Q3 results reflect gains from a strong top line on strength in its brands, premiumization and growth across regions. Soft operating income hurt the bottom line.
Brown-Forman Delivers Strong Year-to-Date Net Sales Growth
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2023. For the third quarter, reported net sales1 increased 4% to $1.1 billion (+5% on an organic basis2) compared to...
7 Well-Known Consumer Brands Worth a Spot in Your Portfolio
Fidelity Investments fund manager Peter Lynch popularized the idea of investing in what you know. He believed that people could often find the best opportunities in popular consumer stocks that frequently and consistently deliver value for their customers.
CORRECTING and REPLACING Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 8, 2023
LOUISVILLE, Ky.--(BUSINESS WIRE)--First paragraph should read: Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2023 financial results on March 8, 2023, by 8:00 a.m. (EST), followed by a conference call to discuss the results at...
Source: https://incomestatements.info
Category: Stock Reports