See more : Glow Lifetech Corp. (GLOW.CN) 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
- Cofinimmo SA (CFMOF) Income Statement Analysis – Financial Results
- Da Sen Holdings Group Limited (1580.HK) Income Statement Analysis – Financial Results
- Australia and New Zealand Banking Group Ltd (AN3PG.AX) Income Statement Analysis – Financial Results
- Quanergy Systems, Inc. (QNGYW) Income Statement Analysis – Financial Results
- Innolog Holdings Corporation (INHC) 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 (BF.B) Q3 Earnings Beat, Stock Down on Sales Miss
Brown-Forman's (BF.B) fiscal third-quarter results reflect gains from improved price/mix and reduced supply-chain disruptions costs. However, soft volume trends in some brands hurt the top line.
Brown-Forman Reports Year-To-Date Fiscal 2024 Results; Updates Full Year Outlook
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2024. Third quarter reported net sales decreased 1%1 to $1.1 billion (-2% on an organic basis2) compared to the same...
Brown-Forman Named One of the 2024 World's Most Ethical Companies
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman (NYSE: BFA, BFB) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World's Most Ethical Companies. This is the third consecutive year that...
Here's How Brown-Forman (BF.B) is Placed Before Q3 Earnings
Brown-Forman's (BF.B) Q3 results are expected to reflect gains from its portfolio premiumization strategy, pricing initiatives, revenue growth management strategies and aggressive brand investments.
Brown-Forman Commits Funds to Foundation and Dendrifund
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA, BFB) today announced a commitment of $22.5 million to support the efforts of the Brown-Forman Foundation and Dendrifund. The commitment will be funded from a portion of the proceeds from the company's recent sale of...
Brown-Forman Announces Launch of Distribution Business in Italy
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits companies, announces today its plan to distribute its own brands in Italy, effective May 1, 2025. “We believe setting up our own distribution organization will enable the growth of...
Brown-Forman B (BF.B) Reports Next Week: Wall Street Expects Earnings Growth
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 Sale of Cooperage in Alabama
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced the sale of its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO). The cooperage will continue to make barrels for the Jack Daniel Distillery as part of a strategic relationship between the companies....
Brown-Forman Announces American Whiskey Global Marketing Leads
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today new global marketing leadership for its American Whiskey brands. Mark Bacon was named Managing Director, Jack Daniel's Brands, and Mia Simpson Culp was named Managing Director, Woodford Reserve and Old Forester, effective March...
Brown-Forman Declares Cash Dividend
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2178 per share on its Class A and Class B Common Stock. The dividend is payable on April 1,...
Source: https://incomestatements.info
Category: Stock Reports