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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 |
Delayed data
About The Company
| Sector: | Consumer DefensiveView sector performance | |||||
| Industry: | Beverages – Wineries & DistilleriesView industry performance | |||||
| CEO: | Lawson E. Whiting | |||||
| Full Time Employees: | 5700 | |||||
| Address: |
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| 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
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| BF-A | Brown-Forman Corporation | 12.4B | 15.3 | 15.9 | 11.9% |
 BF-B | Brown-Forman Corporation | 13.2B | 17.1 | 16.4 | 13.0% |
 AGCC | Agencia Comercial Spirits Ltd | 343.8M | — | — | 38.1% |
 MGPI | MGP Ingredients, Inc. | 329.8M | — | 9.3 | -23.7% |
 SNDL | SNDL Inc. | 297.8M | — | — | -1.1% |
 EPSM | Epsium Enterprise Limited Ordinary Sha… | 26.9M | 104 | — | 3.4% |
EPS
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Earnings Call
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Key takeaways
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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 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 4,473,392.513 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 4,624,914.529 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 4,549,741.610 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 1,475,629.381 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 1,525,611.657 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 1,500,814.511 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 988,731.604 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 1,032,492.382 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 1,010,782.231 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 1,363,836.158 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 1,410,031.792 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 1,387,113.270 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 2.140 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 2.180 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 2.090 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 16 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates BF-A intrinsic value between $26.65 – $31.11 per share. This depends on revenue growth, margins, and discount rate.
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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?
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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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