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Brown-Forman Corporation Class B's published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $11.9B | |
|---|---|---|
| Revenue (ttm) | 3.9B | |
| Net income (ttm) | 721M | |
| EPS (ttm) | $1.55 | |
| Shares out | 458.9M | |
| P/E (trailing) | 17.9x | |
| P/E (forward) | 15.1x | |
| Dividend | $0.92 (3.32%) | |
| Volume | 1,763,643 | |
| Beta | 0.32 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 | 2026-04-30 | Trend |
| Revenue | $3.93B | $4.23B | $4.18B | $3.98B | $3.93B | -0.0% |
| Gross profit | $2.39B | $2.49B | $2.53B | $2.34B | $2.38B | -0.1% |
| Operating income | $1.20B | $1.13B | $1.41B | $1.11B | $1.00B | -4.5% |
| Net income | $838.0M | $783.0M | $1.02B | $869.0M | $715.0M | -3.9% |
| EPS (diluted) | $1.74 | $1.63 | $2.14 | $1.84 | $1.53 | -3.2% |
| EBITDA | $1.28B | $1.19B | $1.51B | $1.29B | $1.08B | -4.2% |
| R&D | — | — | — | — | — | — |
| SG&A | $690.0M | $742.0M | $826.0M | $744.0M | $807.0M | +4.0% |
Recent company headlines from major financial publishers.
Under the modal base case, wholesale distributor inventory levels normalize gradually while core brand equity sustains pricing discipline and high gross margins. Modest top-line growth combined with steady cash conversion supports our Fair value of $30.17, targeting $30.17 with an expected return of 16.3% over the forecast horizon.
In the bull case, rapid global adoption of ready-to-drink premixes and accelerating super-premium tequila growth across international markets drive revenue expansion toward Potential value $53.74. Operating leverage on gross profit expands operating margins, lifting the shares to $53.74 representing a return of 107.2%.
| Ke ↓ / g → | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 4.8% | $37.8 | $41.7 | $47.1 | $55.5 | $69.9 |
| 5.8% | $31.5 | $33.6 | $36.3 | $40.0 | $45.2 |
| 6.8% | $27.4 | $28.7 | $30.2 | $32.4 | $35.0 |
| 7.8% | $24.5 | $25.4 | $26.5 | $27.7 | $29.2 |
| 8.8% | $22.4 | $23.0 | $23.7 | $24.6 | $25.6 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
