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Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Gross margin60.5%+1.2pp59.3%+0.2pp59.1%+0.1pp59%+0.1pp58.9%-0.4pp
Operating margin25.5%-2.9pp28.4%+1.4pp27%-0.5pp27.5%-0.3pp27.8%-3.7pp
Net margin18.2%-2.4pp20.6%-0.2pp20.8%-0.5pp21.4%-0.5pp21.9%-2.6pp
EBITDA margin27.8%-2.8pp30.7%+1.4pp29.2%-0.5pp29.7%-0.3pp30%-3.7pp
Free cash flow margin22.7%+4.1pp18.7%+3.0pp15.7%+0.9pp14.8%+3.9pp10.8%-2.4pp
Returns
Return on equity17.8%-2.6pp20.4%-0.2pp20.7%-2.0pp22.6%-0.5pp23.1%-4.8pp
Return on assets8.9%-0.9pp9.9%+0.1pp9.8%-0.5pp10.3%-0.4pp10.7%-1.4pp
Return on invested capital13.1%-2.1pp15.2%+1.5pp13.7%-1.2pp14.9%+0.4pp14.4%-2.7pp
Efficiency
Asset turnover0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Inventory turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio3.2×+0.5×2.8×-0.2×+0.2×2.8×-1.1×3.9×+0.4×
Quick ratio1.2×+0.1×1.1×-0.1×1.2×+0.1×1.1×-0.5×1.6×+0.1×
Cash ratio0.3×0.0×0.3×0.0×0.2×-0.1×0.3×-0.1×0.4×-0.1×
Leverage
Debt-to-equity0.6×0.0×0.6×0.0×0.6×0.0×0.6×-0.1×0.7×0.0×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×-0.1×0.4×0.0×
Net debt / EBITDA1.8×+0.1×1.7×-0.1×1.7×+0.1×1.6×-0.4×+0.6×
Interest coverage9.7×-1.0×10.7×+1.0×9.6×+0.2×9.4×+0.4×9.1×-0.8×
Valuation
Market capitalization$12.05B-6.5%$12.89B+0.5%$12.82B-5.3%$13.54B-16.9%$16.29B+3.5%
Enterprise value$14.01B-5.9%$14.88B+0.6%$14.78B-4.0%$15.41B-17.5%$18.67B+5.5%
Price / earnings16.9×+0.9×16×+0.1×15.8×-0.2×16×-2.7×18.7×+2.8×
Price / sales3.1×-0.2×3.3×0.0×3.3×-0.1×3.4×-0.7×4.1×+0.2×
Price / book-0.2×3.2×+0.1×3.1×-0.3×3.4×-0.7×4.1×0.0×
EV / EBITDA12.8×+0.4×12.4×-0.6×13×-0.1×13.1×-2.5×15.6×+2.7×
EV / sales3.6×-0.2×3.8×0.0×3.8×-0.1×3.9×-0.8×4.7×+0.3×
Free cash flow yield7.4%+1.7pp5.7%+0.9pp4.8%+0.4pp4.3%+1.7pp2.6%-0.7pp
Earnings yield5.9%-0.3pp6.3%-0.1pp6.3%+0.1pp6.2%+0.9pp5.3%-0.9pp
Dividend yield3.5%+0.2pp3.3%0.0pp3.3%+0.2pp3.1%+0.6pp2.6%-0.1pp

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Questions, answered.

What are Brown-Forman Corporation's profit margins?
Brown-Forman Corporation (BF.A) runs a 60.5% gross margin and a 25.5% operating margin, with a 18.2% net margin.
Where do Brown-Forman Corporation's ratios come from?
Every ratio is computed from Brown-Forman Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.