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 |
| Vol | 1.50M |
| As of | 25 Sep 2026 |
The Verdict
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/E | 16.88x |
| Forward P/E | 15.26x |
| EV / EBITDA | 11.93x |
| P / S (ttm) | 3.07x |
| Profit margin | 18.4% |
| Return on equity | 18.1% |
| Revenue growth | -1.4% |
| Earnings growth | +5.7% |
| Debt / equity | 61.50 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.39 |
|---|---|
| Corr SPX | 0.16 |
| Annual vol | 38.7% |
| 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 |
| Analysts | 15 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 1 | |
| Hold | 11 | |
| Sell | 0 | |
| Strong Sell | 3 |
Recent rating actions
| 2026-04-29 | JP Morgan | → Underweight |
| 2026-04-15 | Citigroup | → Neutral |
| 2026-03-27 | JP Morgan | → Neutral |
| 2026-03-27 | Citigroup | → Neutral |
| 2026-03-16 | UBS | → Neutral |
| 2026-03-09 | Bernstein | → Market Perform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-23 | Shareholder Vote, Reg FD Disclosure… | read |
| 2026-07-13 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-06-04 | Earnings Release, Exhibits | read |
| 2026-04-28 | Reg FD Disclosure, Exhibits | read |
| 2026-03-27 | Reg FD Disclosure, Exhibits | read |
| 2026-03-16 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-03-04 | Earnings Release, Exhibits | read |
| 2025-12-04 | Earnings Release, Exhibits | read |
| 2025-10-31 | Officer / Director Change, Exhibits | read |
| 2025-10-02 | Reg FD Disclosure, Other Material Event… | read |
| 2025-08-28 | Earnings Release, Exhibits | read |
| 2025-08-25 | Officer / Director Change, Reg FD Disclosure… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 99.3% |
| HHI | 5,569 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $262.07M | 9.75M |
| Capital Research / Capital World | $56.12M | 2.11M |
| Millennium Management | $32.37M | 1.21M |
| AQR Capital Management | $6.36M | 238.78K |
| Bridgewater Associates | $2.41M | 90.52K |
| Renaissance Technologies | $1.59M | 58.08K |
| Fidelity / FMR LLC | $558.37K | 20.41K |
| Citadel Advisors | $355.68K | 13.00K |
| T. Rowe Price Group | $6.92K | 259.71K |
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
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $26.03 | $26.31 | $25.90 | $26.16 | 1.50M |
| Sep 24 | $26.54 | $26.62 | $25.99 | $26.00 | 1.80M |
| Sep 23 | $26.50 | $26.58 | $26.04 | $26.29 | 1.94M |
| Sep 22 | $26.49 | $26.87 | $26.37 | $26.56 | 2.08M |
| Sep 21 | $25.99 | $26.39 | $25.70 | $26.15 | 2.37M |
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