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Brown-Forman Corporation BF.A Return on invested capital

Return on invested capital at other companies

Constellation Brands logo
Constellation BrandsSTZ
11.1%+9.8pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
7.8%+2.5pp
Monster Beverage logo
Monster BeverageMNST
27.2%+0.6pp

Other financials

Income statement

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Revenue$912.0M+2.0%
Gross profit$571.0M+11.3%
Operating income$96.0M-53.2%
Net income$54.0M-63.0%
EPS (diluted)$0.12-61.3%

Balance sheet

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Cash & equivalents$308.0M-33.5%
Total debt$2.3B-20.3%
Total equity$4.0B+0.7%
Total assets$7.9B-2.4%

Cash flow

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Operating cash flow$291.0M+91.4%
CapEx$26.0M-48.0%
Free cash flow$265.0M+160%

Valuation

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Market cap$12.22B-26.0%
Enterprise value$14.18B-25.0%
P/E17.1×-1.9×
P/S3.1×-1.0×

Profitability

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Gross margin60.5%+1.6pp
Operating margin25.5%-2.4pp
Net margin18.2%-3.7pp
FCF margin22.7%+11.9pp

Returns & leverage

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Return on equity17.8%-5.3pp
Debt / equity0.6×-0.1×
Current ratio3.2×-0.6×

Where this comes from

Calculated from Brown-Forman Corporation’s reported figures.

Based on trailing twelve months.

The official record: Brown-Forman Corporation’s 10-K, filed June 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Brown-Forman Corporation's return on invested capital?
Brown-Forman Corporation (BF.A) reported return on invested capital of 13.1% in Q1 2026.
How has Brown-Forman Corporation's return on invested capital changed year-over-year?
Brown-Forman Corporation's return on invested capital decreased by 9.2% year-over-year, from 14.4% to 13.1%.
What is the long-term trend for Brown-Forman Corporation's return on invested capital?
Over 5 years (2021 to 2026), Brown-Forman Corporation's return on invested capital has grown at a -11.5% compound annual growth rate (CAGR), from 24.1% to 13.1%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.