Inside the research

Brown-Forman Corporation

BF-B Research profile · latest available data

Price overview

$26.16

▲ +0.16 (+0.6%)

52w hi$30.08
52w lo$22.41
Vol1.50M
As of25 Sep 2026

The Verdict

Hold

Our score -0.14

Short-0.14
Medium-0.18
Long-0.05

computed 2026-09-27

Key fundamentals

Brown-Forman Corporation

Consumer Defensive · Beverages - Wineries & Distilleries

Market cap$12.00B
Enterprise value$14.14B
Trailing P/E16.88x
Forward P/E15.26x
EV / EBITDA11.93x
P / S (ttm)3.07x
Profit margin18.4%
Return on equity18.1%
Revenue growth-1.4%
Earnings growth+5.7%
Debt / equity61.50

Layer Breakdown

LayerRawContribution
Fundamental+0.24
Sector-0.01
Technical-0.14
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages. The company provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Gentleman Jack, Herradura, el Jimador, Fords Gin, The Glendronach, Chambord, Coopers' Craft, Diplomático, Benriach, Glenglassaugh, and Slane brands. It is also involved in the sale of used barrels, and bulk whiskey and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors and state governments; and retailers, wholesalers, and provincial governments directly. It operates in the United States, Germany, Australia, the United Kingdom, Canada, Spain, France, Mexico, Poland, Brazil, Türkiye, and internationally. Brown-Forman Corporation was founded in 1870 and is headquartered in Louisville, Kentucky.

United States · www.brown-forman.com

Risk Metrics

Beta vs SPX0.39
Corr SPX0.16
Annual vol38.7%
Annual ret-21.1%
Sharpe-0.55
Max DD-54.0%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$28.63
High / Low$37.00 / $20.00
Median$30.00
Analysts15
Strong Buy2
Buy1
Hold11
Sell0
Strong Sell3

Recent rating actions

2026-04-29JP Morgan→ Underweight
2026-04-15Citigroup→ Neutral
2026-03-27JP Morgan→ Neutral
2026-03-27Citigroup→ Neutral
2026-03-16UBS→ Neutral
2026-03-09Bernstein→ Market Perform

Material Events

DateEvent8-K
2026-07-23Shareholder Vote, Reg FD Disclosure…read
2026-07-13Officer / Director Change, Reg FD Disclosure…read
2026-06-04Earnings Release, Exhibitsread
2026-04-28Reg FD Disclosure, Exhibitsread
2026-03-27Reg FD Disclosure, Exhibitsread
2026-03-16Officer / Director Change, Reg FD Disclosure…read
2026-03-04Earnings Release, Exhibitsread
2025-12-04Earnings Release, Exhibitsread
2025-10-31Officer / Director Change, Exhibitsread
2025-10-02Reg FD Disclosure, Other Material Event…read
2025-08-28Earnings Release, Exhibitsread
2025-08-25Officer / Director Change, Reg FD Disclosure…read

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders9
Top-5 share99.3%
HHI5,569 (concentrated)

Top Holders

HolderValueShares
State Street Corp$262.07M9.75M
Capital Research / Capital World$56.12M2.11M
Millennium Management$32.37M1.21M
AQR Capital Management$6.36M238.78K
Bridgewater Associates$2.41M90.52K
Renaissance Technologies$1.59M58.08K
Fidelity / FMR LLC$558.37K20.41K
Citadel Advisors$355.68K13.00K
T. Rowe Price Group$6.92K259.71K

As of 2026-06-30

Dividends

Yield (TTM)1.77%
$ / share (TTM)$0.46
5y CAGR+5.4%

Annual dividend per share

2021$1.73
2022$0.77
2023$0.84
2024$0.88
2025$0.91
2026$0.23

SEC Filings

DateFormDoc
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view
2026-07-244view

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$3.98B+1.1%
Gross profit$2.49B+3.3%
Operating income$1.41B+3.7%
Net income$869.00M+5.1%
Cash from ops$640.00M+2.5%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$26.03$26.31$25.90$26.161.50M
Sep 24$26.54$26.62$25.99$26.001.80M
Sep 23$26.50$26.58$26.04$26.291.94M
Sep 22$26.49$26.87$26.37$26.562.08M
Sep 21$25.99$26.39$25.70$26.152.37M

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