See more : Café de Coral Holdings Limited (0341.HK) 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.
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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 |
Jack Daniel's maker Brown-Forman reports lagging whiskey sales, narrower profit
The company saw some growth across its ready-to-drink and tequila categories, but whiskey sales lagged.
Brown-Forman backs guidance as tequila lifts sales
Brown-Forman (NYSE:BF.B) backed full-year guidance as it reported 3% growth in sales, led by demand for tequila, although operating income dipped 4%. The maker of Jack Daniels said in the three months ended July 31, net sales rose 3% to $1.0...
Jack Daniel's parent Brown-Forman's stock sinks after surprise drop in profit, sales missed forecasats
Shares of Brown-Forman Corp. BF.B, +0.83% sank 4.4% toward a seven-week low in premarket trading Wednesday, after the spirits company, and parent of Jack Daniel's brand whiskey, reported fiscal first-quarter profit that surprisingly fell and sales that came up a...
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Brown-Forman Stockholders Elect Directors and Board Approves Cash Dividend
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) stockholders met today at the annual meeting of stockholders and elected the slate of directors recommended by the Board of Directors, as submitted in the company's 2023 Proxy Statement. The stockholders also approved...
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Brown-Forman's (BF.B) Brands & Strategies Provide Growth Impetus
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Source: https://incomestatements.info
Category: Stock Reports