← BackBROWN FORMAN CORP · BeveragesBF-B
Low riskNext report: Around Dec 3 (est.)
The short versionA high-quality, profitable business with steady sales.
Going well
- Raised its dividend (3.2% yield)
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 1.1% from their holdings in the quarter ending June 2026 (274 bought, 282 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$29.00-1.4% that day
- Company value
- $13.3B
- Share price times all shares
- Price vs profit (P/E)
- 18.7x
- You pay about $19 for each $1 of yearly profit
- Price vs sales
- 3.4x
- Company value is 3.4 times a year of sales
- Dividend yield
- 3.2%
- Yearly dividend as a share of today's price
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 18%
- Debt as a share of company value
From BF-B's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jul '26$911.0M-1.4% vs a year earlier
Oct '23Tap a barJul '26
Last 12 months: $3.9B, down 0.8% from the 12 months before. Over 5 years, sales grew about 2.3% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.1%
- MissDebt under half of equityNot relying on borrowed money.0.60x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.1%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$893.0M
- PassShare count not growingNot diluting owners. Falling means buybacks.-2.9% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.46.8%
- Revenue
- $5.1B
- +0.5% vs prior year
- 5-year growth
- +2.3%/yr
- revenue, per year
- Total debt
- $2.4B
- 0.60x equity
- Current ratio
- 2.77x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026- Revenue
- $911.0M
- -1.4% YoY
- EPS
- $0.38
- vs $0.36
- Op. margin
- 27.7%
- -0.4 pts
- Gross margin
- 60.3%
- +0.6 pts
- Free cash flow
- $161.0M
- Share count
- -2.8%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 2.1
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.1%Institutions cut 1.1% from their holdings. 274 bought, 282 sold. 2 quarters of net selling in a row.
Shares held by institutions199.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.5%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.5x · $2.1B debtShares outstandingLatest reported
460MNext reportAround Dec 3 (est.)Estimated from the same quarter last year
- Results filedSep 2
- Results filedJun 4
- Results filedMar 4
- Results filedDec 4, 2025
- Results filedAug 28, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardDiane F NguyenEVP, Chief Ppl & Comm
9,167 shares
- Now owns 9,167 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardChristina M GravenEVP, Chief Strategy
8,912 shares
- Now owns 8,912 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardJeremy J ShepherdEVP, Chief Marketing
9,231 shares
- Now owns 9,231 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardMichael E Jr CarrEVP, General Counsel,Secretary
11,458 shares
- Now owns 11,458 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardCrystal L PetersonEVP, Chief Incl/Global Comm
3,285 shares
- Now owns 3,285 shares
- Restricted Stock Units
- Filed 1 day after trade
Stock awardJames W PetersEVP, Chief Financial Officer
64,933 shares
- Now owns 64,933 shares
- Restricted Stock Units
- Filed 1 day after trade