Capital Expenditures for Brown-Forman (BF-B)
According to Brown-Forman's latest reported financial statements, the company's current capital expenditures (TTM) is $131.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

BF-B
Currently viewingCapital ExpendituresSwitch metric
Latest period
$131.00M
YoY change
-26.8%
5Y CAGR
+8.1%
Peak year (2024)
$228.00M
Cumulative capital expenditures
$3.13B
CapEx history chart for Brown-Forman (BF-B) from 1989 to 2025
CapEx history table for Brown-Forman (BF-B) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $167.00M | -26.8% | ||
| 2024 | $228.00M | +24.6% | ||
| 2023 | $183.00M | +32.6% | ||
| 2022 | $138.00M | +122.6% | ||
| 2021 | $62.00M | -45.1% | ||
| 2020 | $113.00M | -5.0% | ||
| 2019 | $119.00M | -6.3% | ||
| 2018 | $127.00M | +13.4% | ||
| 2017 | $112.00M | +3.7% | ||
| 2016 | $108.00M | -10.0% | ||
| 2015 | $120.00M | -4.8% | ||
| 2014 | $126.00M | +32.6% | ||
| 2013 | $95.00M | +63.8% | ||
| 2012 | $58.00M | +48.7% | ||
| 2011 | $39.00M | +14.7% | ||
| 2010 | $34.00M | -37.0% | ||
| 2009 | $54.00M | -18.2% | ||
| 2008 | $66.00M | -28.3% | ||
| 2007 | $92.00M | +73.6% | ||
| 2006 | $53.00M | +8.2% | ||
| 2005 | $49.00M | -12.5% | ||
| 2004 | $56.00M | -55.9% | ||
| 2003 | $127.00M | +78.9% | ||
| 2002 | $71.00M | -26.0% | ||
| 2001 | $96.00M | +23.1% | ||
| 2000 | $78.00M | -22.0% | ||
| 1999 | $100.00M | +127.3% | ||
| 1998 | $44.00M | -20.0% | ||
| 1997 | $55.00M | -6.8% | ||
| 1996 | $59.00M | +15.5% | ||
| 1995 | $51.10M | +86.5% | ||
| 1994 | $27.40M | -18.5% | ||
| 1993 | $33.60M | -35.5% | ||
| 1992 | $52.10M | +1.2% | ||
| 1991 | $51.50M | +2.8% | ||
| 1990 | $50.10M | +31.8% | ||
| 1989 | $38.00M | — |
CapEx values are taken from Brown-Forman's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Brown-Forman (BF-B) most recent annual capital expenditures stands at $167.00M (2025) – declined 26.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Brown-Forman capital expenditures compounded at +8.1% per year, with the latest reading among the more recent periods of the dataset.
Brown-Forman capital expenditures declined from $228.00M in 2024 to $167.00M in 2025, a 26.8% drawdown.
$228.00M stands as the all-time-high annual capital expenditures, posted in 2024, against a low of $27.40M during 1994.
Brown-Forman (BF-B) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $2.94B.
Brown-Forman Capital Expenditures by Year
Brown-Forman Capital Expenditures 2025: $167.00M
Brown-Forman capital expenditures in 2025 was $167.00M, declined 26.8% below 2024.
Brown-Forman Capital Expenditures 2024: $228.00M
Brown-Forman capital expenditures in 2024 was $228.00M, grew 24.6% from 2023. This figure represents the highest annual value in the available history.
Brown-Forman Capital Expenditures 2023: $183.00M
Brown-Forman capital expenditures in 2023 was $183.00M, surged 32.6% from 2022.
Brown-Forman Capital Expenditures 2022: $138.00M
Brown-Forman capital expenditures in 2022 was $138.00M, surged 122.6% from 2021.
Brown-Forman Capital Expenditures 2021: $62.00M
Brown-Forman capital expenditures in 2021 was $62.00M.
See more financial history for Brown-Forman (BF-B).
Sector peers — CapEx
Companies in the same sector as Brown-Forman, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $26.64B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $5.50B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $4.42B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $3.77B | Consumer Defensive |
| The Coca-Cola Company (KO) | $2.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $1.57B | Consumer Defensive |
| Altria Group, Inc. (MO) | $216.00M | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $132.28M | Consumer Defensive |
Frequently asked questions
What is Brown-Forman's capital expenditures?
- Latest reported capital expenditures for Brown-Forman (BF-B) is $131.00M (period ending January 31, 2026).
How has Brown-Forman capital expenditures changed year-over-year?
- Brown-Forman (BF-B) capital expenditures changed -26.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Brown-Forman capital expenditures?
- Brown-Forman (BF-B) capital expenditures compound annual growth rate is +8.1% over the most recent 5 years available.
When did Brown-Forman capital expenditures hit its highest annual value?
- Brown-Forman capital expenditures reached its highest annual value of $228.00M in 2024.
What was Brown-Forman capital expenditures in 2024?
- Brown-Forman (BF-B) capital expenditures in 2024 was $228.00M.
What was Brown-Forman capital expenditures in 2025?
- Brown-Forman (BF-B) capital expenditures in 2025 was $167.00M.
Metrics overview
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