TTM
22.7%
YoY change
+11.89pp
Trough year (2003)
5.6%
Peak year (2026)
22.7%
Latest annual
22.7%
FCF Margin history chart for Brown-Forman (BF-B) from 1989 to 2026
Latest: 22.7%
FCF Margin change chart for Brown-Forman (BF-B) from 1989 to 2026
Latest: +11.89pp
FCF Margin history table for Brown-Forman (BF-B) from 1989 to 2026
| 2026 | 22.7% | +11.89pp | ||
| 2025 | 10.8% | +0.81pp | ||
| 2024 | 10.0% | -0.78pp | ||
| 2023 | 10.8% | -9.48pp | ||
| 2022 | 20.3% | -1.52pp | ||
| 2021 | 21.8% | +3.65pp | ||
| 2020 | 18.2% | -2.32pp | ||
| 2019 | 20.5% | +4.94pp | ||
| 2018 | 15.5% | -2.05pp | ||
| 2017 | 17.6% | +4.13pp | ||
| 2016 | 13.5% | -2.10pp | ||
| 2015 | 15.6% | -1.91pp | ||
| 2014 | 17.5% | +1.97pp | ||
| 2013 | 15.5% | -1.30pp | ||
| 2012 | 16.8% | -2.05pp | ||
| 2011 | 18.9% | -1.83pp | ||
| 2010 | 20.7% | +3.08pp | ||
| 2009 | 17.6% | -0.51pp | ||
| 2008 | 18.1% | +6.27pp | ||
| 2007 | 11.9% | -2.87pp | ||
| 2006 | 14.7% | -0.28pp | ||
| 2005 | 15.0% | +3.71pp | ||
| 2004 | 11.3% | +5.67pp | ||
| 2003 | 5.6% | -3.51pp | ||
| 2002 | 9.1% | +2.13pp | ||
| 2001 | 7.0% | -1.67pp | ||
| 2000 | 8.7% | +2.32pp | ||
| 1999 | 6.4% | -4.18pp | ||
| 1998 | 10.5% | +2.46pp | ||
| 1997 | 8.1% | +0.83pp | ||
| 1996 | 7.3% | -3.04pp | ||
| 1995 | 10.3% | -3.51pp | ||
| 1994 | 13.8% | +2.55pp | ||
| 1993 | 11.3% | +3.00pp | ||
| 1992 | 8.3% | +0.85pp | ||
| 1991 | 7.4% | +0.00pp | ||
| 1990 | 7.4% | -2.56pp | ||
| 1989 | 10.0% | — |
- 202622.7%+11.89pp
- 202510.8%+0.81pp
- 202410.0%-0.78pp
- 202310.8%-9.48pp
- 202220.3%-1.52pp
- 202121.8%+3.65pp
- 202018.2%-2.32pp
- 201920.5%+4.94pp
- 201815.5%-2.05pp
- 201717.6%+4.13pp
- 201613.5%-2.10pp
- 201515.6%-1.91pp
- 201417.5%+1.97pp
- 201315.5%-1.30pp
- 201216.8%-2.05pp
- 201118.9%-1.83pp
- 201020.7%+3.08pp
- 200917.6%-0.51pp
- 200818.1%+6.27pp
- 200711.9%-2.87pp
- 200614.7%-0.28pp
- 200515.0%+3.71pp
- 200411.3%+5.67pp
- 20035.6%-3.51pp
- 20029.1%+2.13pp
- 20017.0%-1.67pp
- 20008.7%+2.32pp
- 19996.4%-4.18pp
- 199810.5%+2.46pp
- 19978.1%+0.83pp
- 19967.3%-3.04pp
- 199510.3%-3.51pp
- 199413.8%+2.55pp
- 199311.3%+3.00pp
- 19928.3%+0.85pp
- 19917.4%+0.00pp
- 19907.4%-2.56pp
- 198910.0%—
FCF Margin values are taken from Brown-Forman's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Brown-Forman (BF-B)
According to Brown-Forman's latest reported financial statements, the company's latest reported free cash flow margin is 22.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2026's annual free cash flow margin for Brown-Forman (BF-B) came in at 22.73% – expanded 11.9 percentage points year-over-year.
The record annual free cash flow margin stands at 22.73%, reached in 2026; the historical low of 5.63% was recorded in 2003.
Brown-Forman FCF Margin by Year
Brown-Forman FCF Margin 2026: 22.7%
Brown-Forman free cash flow margin in 2026 was 22.73%, expanded 11.9 percentage points from 2025. This figure represents the highest annual value in the available history.
Brown-Forman FCF Margin 2025: 10.8%
2025's free cash flow margin for Brown-Forman came in at 10.84%, expanded 0.8 percentage points from 2024.
Brown-Forman FCF Margin 2024: 10.0%
Brown-Forman posted free cash flow margin of 10.03% in 2024, contracted 0.8 percentage points from 2023.
Brown-Forman FCF Margin 2023: 10.8%
In 2023, Brown-Forman reported free cash flow margin of 10.81%, contracted 9.5 percentage points from 2022.
Brown-Forman FCF Margin 2022: 20.3%
Brown-Forman free cash flow margin in 2022 was 20.29%.
See more financial history for Brown-Forman (BF-B).
Sector peers by FCF Margin
Consumer Defensive peers of Brown-Forman (BF-B), ranked by their latest free cash flow margin
| 39.5% | |
| 25.7% | |
| 25.5% | |
| 23.6% | |
| 17.3% | |
| 9.3% | |
| 3.0% | |
| 1.7% |
- 39.5%
- 25.5%
- 9.3%
- 3.0%
- 1.7%
Frequently asked questions
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