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Earnings transcript
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BF-A
Brown-Forman Corporation
$26.31
-0.22
(-0.83%)
| Exchange: | |
| Market Cap: | 12.429B |
| Shares Outstanding: | 904.846M |
About The Company
| Sector: | Consumer Defensive | |||||
| Industry: | Beverages – Wineries & Distilleries | |||||
| CEO: | Lawson E. Whiting | |||||
| Full Time Employees: | 5700 | |||||
| Address: |
| |||||
| Website: | https://www.brown-forman.com |
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel’s, Reserve, Old Forester, Coopers’ Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
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Revenue Segmentation
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Earnings Call
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 4,228,000 | 4,178,000 | 3,975,000 |
| Gross Profit | 2,494,000 | 2,526,000 | 2,343,000 |
| EBITDA | 1,313,000 | 1,512,000 | 1,290,000 |
| Operating Income | 1,127,000 | 1,414,000 | 1,107,000 |
| Net Income | 783,000 | 1,024,000 | 869,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 7,777,000 | 8,166,000 | 8,086,000 |
| Total Liabilities | 4,509,000 | 4,649,000 | 4,093,000 |
| Total Stockholders Equity | 3,268,000 | 3,517,000 | 3,993,000 |
| Total Debt | 2,913,000 | 3,100,000 | 2,733,000 |
| Cash and Cash Equivalents | 374,000 | 446,000 | 444,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 640,000 | 647,000 | 598,000 |
| Capital Expenditure | -183,000 | -228,000 | -167,000 |
| Free Cash Flow | 457,000 | 419,000 | 431,000 |
| Net Income | 783,000 | 1,024,000 | 869,000 |
| Net Change in Cash | -500,000 | 62,000 | 7,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 4,473,392.513 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 4,624,914.529 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 4,549,741.610 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 1,475,629.381 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 1,525,611.657 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 1,500,814.511 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 988,731.604 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 1,032,492.382 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 1,010,782.231 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,363,836.158 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,410,031.792 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,387,113.270 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 2.140 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 2.180 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 2.090 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 16 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Common questions about BF-A valuation
Is Brown-Forman Corporation (BF-A) overvalued or undervalued right now?
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What is BF-A’s P/E ratio?
You can see BF-A’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BF-A?
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BF-A
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Daily snapshot
-0.83
Trading Metrics:
| Open: | 26.39 | Previous Close: | 26.53 | |
| Day Low: | 26.28 | Day High: | 26.5 | |
| Year Low: | 25.98 | Year High: | 38.3 | |
| Price Avg 50: | 28.06 | Price Avg 200: | 29.91 | |
| Volume: | 149292 | Average Volume: | 179019 |
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