Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.

Brown-Forman Corporation (BF-B)

Consumer Defensive Balanced

Brown-Forman is a long-standing American spirits company best known for owning the iconic Jack Daniel’s whiskey brand.

$28.73

Is Brown-Forman Corporation a good stock for a UK beginner?

The honest version: Brown-Forman is a long-standing American spirits company best known for owning the iconic Jack Daniel’s whiskey brand.

No rating · no target price · nothing for sale here
Price-35.8%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-3% past year
$28.73
Low $22.61High $31.92
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Brown-Forman Corporation
$642-36%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$13.18B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.06M
Day range: The lowest and highest price the shares traded at during the latest day.
$28.40 – $28.93
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$22.61 – $31.92
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
18.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
3.2%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.34
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.34
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +4% past week · ▼ -3% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Premiumisation trends drive higher profit margins over time.

The bear case

Long-term decline in alcohol consumption trends.

What does Brown-Forman Corporation do?

Brown-Forman makes its money by distilling, bottling, and selling premium alcoholic beverages, with Jack Daniel’s being the star of the show. They operate in the 'consumer defensive' space, meaning people tend to keep buying their drinks even when the economy feels a bit wobbly. The question worth following is whether they can grow sales while navigating changing drinking habits and rising costs for raw ingredients.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and momentum, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 52Quality: How profitable and financially healthy the company is (higher = stronger). 64Growth: How fast revenue and earnings are growing (higher = faster). 10Momentum: How the share price has been trending recently (higher = stronger recent run). 59Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 58
Quick checks
What's strong
  • Owns highly recognisable, premium global brands
  • Historically stable business model
  • Attractive dividend history for income-focused investors
What to watch
  • Growth screens low (10/100)
  • Changing health trends leading to lower alcohol consumption
  • Rising costs for raw materials like grain and glass
  • Potential for increased taxes or stricter regulations on alcohol

What do Brown-Forman Corporation's numbers mean?

P/E
17.0
This shows how much you are paying for every pound of the company's annual profit; a lower number can sometimes suggest a company is priced more modestly relative to its earnings.
Gross margin
60.5%
This tells us that for every pound of whiskey sold, over 60 pence remains after paying for the direct costs of making the drink, showing they have a strong ability to set prices.
Dividend yield
3.5%
This is the annual cash payout to shareholders as a percentage of the share price, which can provide a steady stream of income regardless of how the share price moves.
Beta
0.3
A low beta suggests the share price tends to be much less jumpy than the wider stock market, acting as a bit of a shock absorber during turbulent times.

How much money does Brown-Forman Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$264.00M$528.00M$792.00M$1.06BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
60.5%
Net margin
18.2%
Return on equity
17.8%

Does Brown-Forman Corporation pay a dividend?

Yes - Brown-Forman Corporation currently pays a dividend of about 3.2% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

When does Brown-Forman Corporation report earnings, and how did recent quarters go?

Brown-Forman Corporation is next scheduled to report on about 2026-08-27 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-06-04$0.32$0.12Missed -63%
2026-03-04$0.47$0.58Beat +25%
2025-12-04$0.48$0.47Missed -1%
2025-08-28$0.37$0.36Missed -2%
2025-06-05$0.34$0.31Missed -10%
2025-03-05$0.46$0.57Beat +23%

Across the last 6 quarters here, Brown-Forman Corporation came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Consumer Defensive

Altria GroupMcCormick & Company, IncorporatedThe Coca-Cola CompanyKenvue Inc.Philip Morris International Inc.Monster Beverage CorporationTarget CorporationPepsiCo, Inc.

What are the scenarios for Brown-Forman Corporation?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$32$29$22today · $29▲ Bull · $31• Base · $29▼ Bear · $27in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Strong holiday sales boost quarterly revenue.
Base
-2% to +2%Steady demand for core whiskey brands continues.
Bear
-5% to -10%Higher input costs squeeze profit margins further.

What are the pros and cons of Brown-Forman Corporation?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Owns highly recognisable, premium global brands
  • Historically stable business model
  • Attractive dividend history for income-focused investors
The catch3
  • Recent earnings growth has been significantly negative
  • Limited revenue growth in the current environment
  • High reliance on a single core product category
Key risks3
  • Changing health trends leading to lower alcohol consumption
  • Rising costs for raw materials like grain and glass
  • Potential for increased taxes or stricter regulations on alcohol
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
Found this useful? The Almanac is free and ad-free - a coffee keeps it that way.Support →

Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.