--- title: "Brown-Forman: History & Research Timeline" description: "History & Research Timeline for Brown-Forman (BF.B)." canonical: https://www.getswoopr.com/stocks/companies/brown-forman/history/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Brown-Forman: History & Research Timeline ## Direct answer Brown-Forman (BF.B) is a Consumer Staples company and a constituent of the S&P 500 Equal Weight Index. This guide covers Brown-Forman's business model, financial metrics, competitive position, risk factors, and index membership as an educational business primer. It does not constitute personalized investment advice or a buy, sell, or price-target recommendation. ## What Has Brown-Forman Reported for Revenue Over Time? Brown-Forman reported revenue of $3.9 billion for the fiscal year ended April 30, 2026, against $4.2 billion for the year ended April 30, 2023. That is a compound annual growth rate of -2.4% over 3 years. The figures are as reported in its annual filings and are not adjusted for acquisitions, disposals or changes in accounting. | Fiscal year | Revenue | Growth | Operating income | Net income | | --- | --- | --- | --- | --- | | FY2023ended April 30, 2023 | $4.2 billion | n/a | $1.1 billion | $783 million | | FY2024ended April 30, 2024 | $4.2 billion | -1.2% | $1.4 billion | $1.0 billion | | FY2025ended April 30, 2025 | $4.0 billion | -4.9% | $1.1 billion | $869 million | | FY2026ended April 30, 2026 | $3.9 billion | -1.2% | $1.0 billion | $715 million | ## Verified anchors - **1870** - founding or lineage field in the current constituent metadata. - **1982-10-31** - S&P 500 addition date for `BF.B` in the constituent registry. - **2026-09-15** - current S&P 500 Equal Weight snapshot date used by Swoopr. ### Founding and predecessor businesses Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Initial public-market history Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Major products or market entries Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Transformative acquisitions and divestitures Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Restructurings and spin-offs Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Leadership transitions Research this stage specifically for Brown-Forman. Add an event only when a primary or high- quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Regulatory or legal turning points Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Crises and recoveries Research this stage specifically for Brown-Forman. Add an event only when a primary or high- quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Strategic pivots Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ### Current-era operating model Research this stage specifically for Brown-Forman. Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain **why the event changed the economics**, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile. ## References - [SEC filings for Brown-Forman](https://www.sec.gov/edgar/browse/?CIK=14693&owner=exclude) - [S&P 500 Equal Weight Index](https://www.spglobal.com/spdji/en/indices/equity/sp-500-equal-weight-index/) - [S&P U.S. Indices Methodology](https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-us-indices.pdf) [Return to the main Brown-Forman dossier](https://www.getswoopr.com/stocks/companies/brown-forman/). **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).