Shares Outstanding for Brown-Forman (BF-B)
According to Brown-Forman's latest reported financial statements, the company's latest reported diluted shares outstanding is 472.61M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

BF-B
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Latest period
472.61M
YoY change
-0.9%
5Y CAGR
-0.3%
Peak year (1988)
893.23M
Latest annual
472.95M
Shares Outstanding history chart for Brown-Forman (BF-B) from 1986 to 2025
Shares Outstanding history table for Brown-Forman (BF-B) from 1986 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 472.95M | -0.9% | ||
| 2024 | 477.22M | -0.7% | ||
| 2023 | 480.56M | 0.0% | ||
| 2022 | 480.56M | -0.0% | ||
| 2021 | 480.68M | +0.1% | ||
| 2020 | 480.41M | -0.3% | ||
| 2019 | 482.07M | -0.5% | ||
| 2018 | 484.25M | -0.8% | ||
| 2017 | 488.08M | -4.4% | ||
| 2016 | 510.70M | -4.1% | ||
| 2015 | 532.71M | -0.9% | ||
| 2014 | 537.71M | +0.0% | ||
| 2013 | 537.47M | -0.5% | ||
| 2012 | 540.21M | -1.7% | ||
| 2011 | 549.43M | -1.4% | ||
| 2010 | 557.16M | -1.9% | ||
| 2009 | 567.75M | -2.0% | ||
| 2008 | 579.38M | -0.5% | ||
| 2007 | 582.19M | +0.6% | ||
| 2006 | 578.44M | +0.7% | ||
| 2005 | 574.22M | +0.4% | ||
| 2004 | 571.88M | -16.8% | ||
| 2003 | 687.50M | +5.5% | ||
| 2002 | 651.68M | +1.3% | ||
| 2001 | 643.13M | 0.0% | ||
| 2000 | 643.13M | -0.1% | ||
| 1999 | 644.06M | -0.5% | ||
| 1998 | 647.15M | +0.0% | ||
| 1997 | 646.88M | +0.0% | ||
| 1996 | 646.84M | 0.0% | ||
| 1995 | 646.84M | -15.7% | ||
| 1994 | 767.40M | -1.2% | ||
| 1993 | 776.43M | -0.1% | ||
| 1992 | 777.17M | -0.9% | ||
| 1991 | 784.14M | -0.3% | ||
| 1990 | 786.13M | -0.4% | ||
| 1989 | 789.47M | -11.6% | ||
| 1988 | 893.23M | +52.0% | ||
| 1987 | 587.71M | +0.1% | ||
| 1986 | 587.25M | — |
Shares Outstanding values are taken from Brown-Forman's reported income 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
In 2025, Brown-Forman (BF-B) diluted shares outstanding totalled 472.95M – edged down 0.9% year-over-year.
Over 2020–2025 (5 years), Brown-Forman diluted shares outstanding expanded at a -0.3% compound annual rate, with a net decline across the window.
Brown-Forman diluted shares outstanding peaked at 893.23M in 1988; the latest annual figure is 472.95M in 2025 (47.1% below peak).
1988 marks the peak diluted shares outstanding at 893.23M, with the historical low of 472.95M recorded in 2025.
Among 8 Consumer Defensive peers, Brown-Forman (BF-B) ranks 8th; the peer median for diluted shares outstanding is 1.62B.
Brown-Forman Shares Outstanding by Year
Brown-Forman Shares Outstanding 2025: 472.95M
Brown-Forman diluted shares outstanding in 2025 was 472.95M, edged down 0.9% below 2024. This figure represents the lowest annual value in the available history.
Brown-Forman Shares Outstanding 2024: 477.22M
Brown-Forman diluted shares outstanding in 2024 was 477.22M, edged down 0.7% below 2023.
Brown-Forman Shares Outstanding 2023: 480.56M
Brown-Forman diluted shares outstanding in 2023 was 480.56M, edged up 0.0% from 2022.
Brown-Forman Shares Outstanding 2022: 480.56M
Brown-Forman diluted shares outstanding in 2022 was 480.56M, edged down 0.0% below 2021.
Brown-Forman Shares Outstanding 2021: 480.68M
Brown-Forman diluted shares outstanding in 2021 was 480.68M.
See more financial history for Brown-Forman (BF-B).
Sector peers — Shares Outstanding
Companies in the same sector as Brown-Forman, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Walmart Inc. (WMT) | 8.02B | Consumer Defensive |
| The Coca-Cola Company (KO) | 4.31B | Consumer Defensive |
| The Procter & Gamble Company (PG) | 2.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | 1.68B | Consumer Defensive |
| Philip Morris International Inc. (PM) | 1.56B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | 1.37B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | 984.45M | Consumer Defensive |
| Costco Wholesale Corporation (COST) | 444.80M | Consumer Defensive |
Frequently asked questions
What is Brown-Forman's diluted shares outstanding?
- Latest reported diluted shares outstanding for Brown-Forman (BF-B) is 472.61M (period ending January 31, 2026).
How has Brown-Forman diluted shares outstanding changed year-over-year?
- Brown-Forman (BF-B) diluted shares outstanding changed -0.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Brown-Forman diluted shares outstanding?
- Brown-Forman (BF-B) diluted shares outstanding compound annual growth rate is -0.3% over the most recent 5 years available.
When did Brown-Forman diluted shares outstanding hit its highest annual value?
- Brown-Forman diluted shares outstanding reached its highest annual value of 893.23M in 1988.
What was Brown-Forman diluted shares outstanding in 2024?
- Brown-Forman (BF-B) diluted shares outstanding in 2024 was 477.22M.
What was Brown-Forman diluted shares outstanding in 2025?
- Brown-Forman (BF-B) diluted shares outstanding in 2025 was 472.95M.
Metrics overview
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