TORVANTA
Consumer Staples · S&P 500 · data as of 2026-10-05

BF.B stock analysis: Brown-Forman

Brown-Forman (BF.B) is an S&P 500 company in Distillers & Vintners.

The model's view of BF.B · subscribers

Where BF.B ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with BF.B · updated 2026-10-05 · from prices and SEC filings

BF.B price performance

BF.B against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%BF.B +0%2025-09-292026-10-05
Year to date+3.5%S&P 500 +14.5% · behind by 11.0 pts
1 year-2.8%S&P 500 +17.0% · behind by 19.9 pts
3 years-50.0%S&P 500 +89.3% · behind by 139.3 pts
5 years-55.9%S&P 500 +91.3% · behind by 147.2 pts

Total returns with dividends reinvested.

BF.B factor grades

Each grade compares BF.B with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

BValueP/E 16.9x (sector 23.8x)FCF yield 7.7% (sector 5.7%)
CGrowthRevenue growth -1% (sector +3%)EPS growth -13% (sector +0%)
B+ProfitabilityOperating margin 25.4% (sector 11.0%)ROIC 13.9% (sector 18.4%)
BMomentum12-month change -3%From 52-wk high -13%

BF.B in plain numbers

BF.B key statistics

SectorConsumer Staples
IndustryDistillers & Vintners
IndexS&P 500
Market value$12.1B
Revenue growth (y/y)-1%
Free-cash-flow yield7.7%
Dividend yield3.5%
Next earnings (expected)2026-12-03
Valuation measures
Market value$12.1B
Enterprise value$13.9B
P/E (trailing)16.9x
Forward P/E (Torvanta estimate)17.7x
Price / sales3.1x
Price / book3.0x
EV / revenue3.5x
EV / EBITDA12.8x
Financial highlights
Revenue, last 12 months$3.9B
Net income, last 12 months$721.0M
EPS, last 12 months (GAAP)$1.55
Gross margin60.7%
Operating margin25.4%
Net margin18.4%
Return on equity18.1%
Return on invested capital13.9%
Cash$301.0M
Total debt$2.1B
Debt / equity0.52x
Free cash flow, last 12 months$925.0M
Interest cover9.6x
Current ratio3.26x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

BF.B earnings trends

Revenue vs earnings
$0$273.8M$547.5M$821.2M$1.1BOct 2024 Revenue: $1.1BJan 2025 Revenue: $1.0BApr 2025 Revenue: $894.0MJul 2025 Revenue: $924.0MOct 2025 Revenue: $1.0BJan 2026 Revenue: $1.1BApr 2026 Revenue: $912.0MJul 2026 Revenue: $911.0MOct 2024 Net income: $258.0MJan 2025 Net income: $270.0MApr 2025 Net income: $146.0MJul 2025 Net income: $170.0MOct 2025 Net income: $224.0MJan 2026 Net income: $267.0MApr 2026 Net income: $54.0MJul 2026 Net income: $176.0MOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026Net margin: 23.6%Net margin: 26.1%Net margin: 16.3%Net margin: 18.4%Net margin: 21.6%Net margin: 25.3%Net margin: 5.9%Net margin: 19.3%0%13%26%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.1$0.3$0.4$0.6Oct 2024 EPS (GAAP, diluted): $0.6Jan 2025 EPS (GAAP, diluted): $0.6Apr 2025 EPS (GAAP, diluted): $0.3Jul 2025 EPS (GAAP, diluted): $0.4Oct 2025 EPS (GAAP, diluted): $0.5Jan 2026 EPS (GAAP, diluted): $0.6Apr 2026 EPS (GAAP, diluted): $0.1Jul 2026 EPS (GAAP, diluted): $0.4Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026■ EPS (GAAP, diluted) Change from a year earlier: Oct 2025 -15% · Jan 2026 +2% · Apr 2026 -61% · Jul 2026 +6%

From the company's 10-Q and 10-K filings with the SEC.

Brown-Forman financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$3.9B$4.2B$4.2B$4.0B$3.9B
Net income$838.0M$783.0M$1.0B$869.0M$715.0M
EPS (GAAP)$1.74$1.63$2.14$1.84$1.53
Free cash flow$798.0M$457.0M$419.0M$431.0M$893.0M

BF.B earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-09-02$0.38+6%-1%+3.7%
2026-06-04$0.12-61%+2%+7.9%
2026-03-04$0.58+2%+2%-7.3%
2025-12-04$0.47-15%-5%+1.5%
2025-08-28$0.36-12%-3%-1.4%
2025-06-05$0.31-45%-7%-15.9%

About Brown-Forman

HeadquartersLouisville, KY
Industry (SEC code)Beverages
Fiscal year endsApril 30
Incorporated inDE
Listed onNYSE, NYSE

From the company's SEC registration record.

Companies similar to BF.B

CompanyMarket valueP/ERevenue growthOperating margin12-month change
BF.B Brown-Forman$12.1B16.9x-1%25.4%-3%
MKC McCormick$12.3B7.6x+10%14.9%-32%compare
SJM JM Smucker$12.4B54.3x+5%9.0%+12%compare
HRL Hormel$11.1B31.9x+1%4.7%-14%compare
CLX Clorox$9.9B13.3x-4%n/a-30%
GIS General Mills$16.9Bn/a-5%4.8%-33%
TSN Tyson Foods$18.4B31.9x+3%2.3%-2%

All Consumer Staples stock ratings

Frequently asked questions

Is BF.B stock a buy?

Torvanta does not tell individuals what to buy. Its grades for BF.B are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is BF.B's P/E ratio?

BF.B trades at about 16.9 times its last 12 months of GAAP earnings reported to the SEC, and about 17.7 times Torvanta's own estimate of the next 12 months.

When does BF.B report earnings next?

Based on its filing history, Torvanta expects Brown-Forman to report around 2026-12-03.

Does BF.B pay a dividend?

Yes. Its dividend yield is about 3.5%, and it has raised its dividend 3 years in a row.

How has BF.B performed against the S&P 500?

Over the past year BF.B returned -2.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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