--- title: "Brown-Forman: Metrics Guide" description: "Brown-Forman revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/brown-forman/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Brown-Forman: Financial & Operating Metrics Guide ## Direct Answer Brown-Forman reported revenue of $3.9 billion for the fiscal year ended April 30, 2026, with an operating margin of 25.5% and net income of $715 million, according to its SEC filings. Revenue fell 1.2% from the prior year. ## What Are Brown-Forman's Key Financial Figures? | Fiscal year | FY2026ended April 30, 2026 | FY2025ended April 30, 2025 | FY2024ended April 30, 2024 | FY2023ended April 30, 2023 | | --- | --- | --- | --- | --- | | Revenue | $3.9 billion | $4.0 billion | $4.2 billion | $4.2 billion | | Operating income | $1.0 billion | $1.1 billion | $1.4 billion | $1.1 billion | | Operating margin | 25.5% | 27.8% | 33.8% | 26.7% | | Net income | $715 million | $869 million | $1.0 billion | $783 million | | Net margin | 18.2% | 21.9% | 24.5% | 18.5% | | Operating cash flow | $1.0 billion | $598 million | $647 million | $640 million | | Capital expenditures | $107 million | $167 million | $228 million | $183 million | | Free cash flow | $893 million | $431 million | $419 million | $457 million | Operating margin narrowed by 2.4 percentage points between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $893 million against net income of $715 million; cash generation covered reported earnings. ![Bar chart of Brown-Forman revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $3.9 billion, operating income $1.0 billion and net income $715 million.](https://www.getswoopr.com/images/charts/brown-forman-metrics-revenue-profit.webp) *Brown-Forman revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Brown-Forman operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 25.5% and net margin was 18.2%.](https://www.getswoopr.com/images/charts/brown-forman-metrics-margins.webp) *Brown-Forman operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Brown-Forman operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $1.0 billion, capital expenditures was $107 million, free cash flow was $893 million.](https://www.getswoopr.com/images/charts/brown-forman-metrics-cash-flow.webp) *Brown-Forman operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Brown-Forman's Balance Sheet Show? | Cash and cash equivalents | $308 million | | --- | --- | | Long-term debt | $2.1 billion | | Total assets | $7.9 billion | | Total liabilities | $3.9 billion | | Shareholders' equity | $4.0 billion | | Current ratio | 3.2x | Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Brown-Forman reported in its own SEC filings, read from the SEC's XBRL data (accession 0000014693-26-000024 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Brown-Forman's revenue in fiscal 2026? Brown-Forman reported revenue of $3.9 billion for the fiscal year ended April 30, 2026, according to its SEC filings. ### What is Brown-Forman's operating margin? Brown-Forman's operating margin was 25.5% in fiscal 2026: operating income of $1.0 billion on revenue of $3.9 billion. ### How much free cash flow did Brown-Forman generate? Operating cash flow of $1.0 billion less capital expenditures of $107 million gives free cash flow of $893 million for fiscal 2026. ## References - [SEC EDGAR: BROWN FORMAN CORP Form 10-K filed June 12, 2026](https://www.sec.gov/Archives/edgar/data/14693/000001469326000024/bfb-20260430.htm) - [SEC EDGAR: BROWN FORMAN CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=14693&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Brown-Forman company dossier](https://www.getswoopr.com/stocks/companies/brown-forman/) - [Brown-Forman financial metrics](https://www.getswoopr.com/stocks/companies/brown-forman/metrics/) - [Brown-Forman financial risk indicators](https://www.getswoopr.com/stocks/companies/brown-forman/risks/) - [Brown-Forman peer comparison](https://www.getswoopr.com/stocks/companies/brown-forman/competitors/) - [Brown-Forman business model and revenue mix](https://www.getswoopr.com/stocks/companies/brown-forman/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[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. 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