Brown-Forman Corporation (BF.B) vs Carlsberg A/S (CABGY)

A side-by-side comparison of Brown-Forman Corporation and Carlsberg A/S across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — BF.B vs CABGY

growth of $100 · dividends reinvested · last 10y
BF.B -18.1% (-2.0%/yr)CABGY +79.0% (+6.0%/yr)CABGY compounded faster over this window
100150200Start $10020182020202220242026$82$179
BF.B CABGY

BF.B vs CABGY: by the numbers

  • •CABGY is the larger company ($17.11B vs $12.29B market cap).
  • •BF.B converts more revenue to profit (18.42% vs 6.68% net margin).
  • •CABGY grew revenue faster over the past five years (7.83% vs 1.61% CAGR).
  • •BF.B pays the higher dividend yield (3.51% vs 3.42%).

Metrics side by side

Valuation

MetricBF.BCABGY
P/E ratio17.2217.22
Forward P/E15.44N/A
PEG ratioN/A82.01
P/S ratio3.141.21
P/B ratio3.103.94
EV / EBITDA11.899.67
FCF yield7.53%8.54%

Profitability

MetricBF.BCABGY
Gross margin60.66%45.16%
Operating margin28.61%14.16%
Net margin18.42%6.68%
ROE18.17%21.42%
ROIC12.96%8.63%

Dividends

MetricBF.BCABGY
Dividend yield3.51%3.42%
Payout ratio60.39%59.00%

Growth (annualized)

MetricBF.BCABGY
Revenue CAGR (5Y)1.61%7.83%
EPS CAGR (5Y)-4.14%0.13%
FCF CAGR (5Y)1.73%2.74%
Total return CAGR (5Y)-15.47%-2.00%

Frequently asked

Which has the lower trailing P/E, BF.B or CABGY?
CABGY has the lower trailing P/E: BF.B trades at 17.22 and CABGY at 17.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BF.B or CABGY?
Over the past five years, CABGY grew revenue faster — BF.B at a 1.61% CAGR versus CABGY at 7.83%.
Does BF.B or CABGY pay a bigger dividend?
BF.B yields 3.51% and CABGY yields 3.42% based on trailing dividends and the latest price.
Is BF.B or CABGY more profitable?
BF.B runs the higher net margin — BF.B at 18.42% versus CABGY at 6.68%.
How have BF.B and CABGY total returns compared?
Over the past 10 years, BF.B delivered -1.87% and CABGY delivered 5.82% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.