Brown-Forman Corporation

NYSE:BF.A Stock Report

Market Cap: US$19.4b

Brown-Forman Past Earnings Performance

Past criteria checks 5/6

Brown-Forman has been growing earnings at an average annual rate of 1.4%, while the Beverage industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 5.7% per year. Brown-Forman's return on equity is 27.1%, and it has net margins of 24.6%.

Key information

1.4%

Earnings growth rate

1.5%

EPS growth rate

Beverage Industry Growth4.4%
Revenue growth rate5.7%
Return on equity27.1%
Net Margin24.6%
Last Earnings Update31 Oct 2024

Recent past performance updates

Recent updates

Why Solid Earnings Moved Brown-Forman Stock Up On My Watch List

Dec 06

Brown-Forman: This Dividend Aristocrat Hasn't Been This Interesting For Years

Oct 23

When Big Tech Craters, Head To The Liquor Cabinet: Buy Brown-Forman

Jul 23

Brown-Forman Stock: Down 40% From Its Highs, Still Not A Buy

Jun 07

Brown-Forman Stock: A Good Buy Now After The Drop?

Dec 08

Brown-Forman: Patience Mandated For Dividend Seekers

Sep 25

Brown-Forman: Does Not Deserve This Premium

Jun 03

Diageo And Brown-Forman: Like Them Both But For Different Reasons

Jan 06

Brown-Forman: Not A Compelling Idea - Softening Volumes, Weaker Margins, And High Valuation

Dec 08

Brown-Forman to buy Diplomático Rum brand

Oct 06

Brown-Forman to acquire the famous Gin Mare brands based in Europe

Sep 06

Brown-Forman: Shares Are A Hold, Valuation Concerns Are Overblown

Aug 25

Brown-Forman: Sound Business, Multiple Contraction Remains A Danger

Mar 15

Don't Buy Brown-Forman At This Valuation Because Even Quality Has A Price

Dec 13

Brown-Forman declares $0.1795 dividend

Nov 19

Revenue & Expenses Breakdown

How Brown-Forman makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:BF.A Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 244,0791,0041,3220
31 Jul 244,0919881,3400
30 Apr 244,1781,0241,3580
31 Jan 244,2609651,3450
31 Oct 234,2727801,3440
31 Jul 234,2597651,3130
30 Apr 234,2287831,2660
31 Jan 234,1787271,2650
31 Oct 224,1348861,1980
31 Jul 224,0348951,1680
30 Apr 223,9338381,1410
31 Jan 223,7498071,1420
31 Oct 213,6237671,1420
31 Jul 213,6147711,1230
30 Apr 213,4619031,0760
31 Jan 213,3589119860
31 Oct 203,3469239650
31 Jul 203,3509659840
30 Apr 203,3638271,0300
31 Jan 203,3988581,0450
31 Oct 193,4038541,0540
31 Jul 193,3248211,0480
30 Apr 193,3248351,0590
31 Jan 193,3137861,1680
31 Oct 183,2877491,1880
31 Jul 183,2917391,1970
30 Apr 183,2487171,1790
31 Jan 183,2107521,0820
31 Oct 173,1407441,0580
31 Jul 173,0567031,0550
30 Apr 172,9946691,0500
31 Jan 173,0281,0461,0600
31 Oct 163,0291,0531,0720
31 Jul 163,0531,0551,0870
30 Apr 163,0891,0671,1050
31 Jan 163,0996861,1120
31 Oct 153,1036821,1120
31 Jul 153,1266901,1280
30 Apr 153,1346841,1340
31 Jan 153,0846761,1600
31 Oct 143,0536681,1610
31 Jul 143,0106661,1320
30 Apr 142,9916591,1220
31 Jan 142,9626391,0870

Quality Earnings: BF.A has a large one-off gain of $258.0M impacting its last 12 months of financial results to 31st October, 2024.

Growing Profit Margin: BF.A's current net profit margins (24.6%) are higher than last year (18.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BF.A's earnings have grown by 1.4% per year over the past 5 years.

Accelerating Growth: BF.A's earnings growth over the past year (28.7%) exceeds its 5-year average (1.4% per year).

Earnings vs Industry: BF.A earnings growth over the past year (28.7%) exceeded the Beverage industry 10.8%.

Return on Equity

High ROE: BF.A's Return on Equity (27.1%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Brown-Forman Corporation is covered by 42 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Michael BrancaBarclays
Lauren LiebermanBarclays