Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 62.61% is in line with its 5-year average of 60.02%, near the high end of its 5-year range (56.03%–62.85%).
As of the fiscal period ended Thursday, April 30, 2026. 4.45% above its 12-month average of 59.94%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
62.61%
GROSS MARGIN AVG TTM
59.94%
GROSS MARGIN AVG 3Y
59.77%
GROSS MARGIN AVG 5Y
60.22%
GROSS MARGIN AVG 10Y
62.65%
GROSS MARGIN AVG 15Y
64.36%
GROSS MARGIN AVG 20Y
65.34%
CURRENT VS TTM AVG
+4.45%
CURRENT VS 3Y AVG
+4.76%
CURRENT VS 5Y AVG
+3.97%
CURRENT VS 10Y AVG
-0.06%
CURRENT VS 15Y AVG
-2.72%
CURRENT VS 20Y AVG
-4.17%
SECTOR MEDIAN · CONSUMER DEFENSIVE
35.73%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+75.23%
vs the sector median at left
Brown-Forman Corporation
Market Cap
$12.59B
Gross Margin
62.61%
TTM Avg
59.94%
3Y Avg
59.77%
5Y Avg
60.22%
Market Cap
$12.85B
Gross Margin
33.53%
TTM Avg
36.16%
3Y Avg
35.81%
5Y Avg
36.04%
Market Cap
$11.73B
Gross Margin
43.85%
TTM Avg
44.10%
3Y Avg
40.84%
5Y Avg
42.09%
Market Cap
$13.68B
Gross Margin
38.62%
TTM Avg
38.22%
3Y Avg
37.45%
5Y Avg
38.40%
Market Cap
$14.26B
Gross Margin
15.72%
TTM Avg
16.30%
3Y Avg
16.62%
5Y Avg
17.07%
Market Cap
$10.46B
Gross Margin
13.44%
TTM Avg
13.43%
3Y Avg
10.54%
5Y Avg
10.53%
Market Cap
$7.68B
Gross Margin
37.83%
TTM Avg
38.28%
3Y Avg
37.02%
5Y Avg
37.75%
Market Cap
$7.31B
Gross Margin
49.62%
TTM Avg
50.28%
3Y Avg
47.51%
5Y Avg
46.25%
Market Cap
$7.24B
Gross Margin
23.92%
TTM Avg
23.92%
3Y Avg
25.81%
5Y Avg
25.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown-Forman Corporation (BF-B) | $12.59B | 62.61% | 59.94% | 59.77% | 60.22% |
| The J. M. Smucker Company (SJM)vs › | $12.85B | 33.53% | 36.16% | 35.81% | 36.04% |
| The Clorox Company (CLX)vs › | $11.73B | 43.85% | 44.10% | 40.84% | 42.09% |
| McCormick & Company, Incorporated (MKC)vs › | $13.68B | 38.62% | 38.22% | 37.45% | 38.40% |
| Hormel Foods Corporation (HRL)vs › | $14.26B | 15.72% | 16.30% | 16.62% | 17.07% |
| Smithfield Foods, Inc. (SFD)vs › | $10.46B | 13.44% | 13.43% | 10.54% | 10.53% |
| Molson Coors Beverage Company (TAP)vs › | $7.68B | 37.83% | 38.28% | 37.02% | 37.75% |
| Celsius Holdings, Inc. (CELH)vs › | $7.31B | 49.62% | 50.28% | 47.51% | 46.25% |
| Conagra Brands, Inc. (CAG)vs › | $7.24B | 23.92% | 23.92% | 25.81% | 25.73% |
| Lamb Weston Holdings, Inc. (LW)vs › | $7.15B | 20.56% | 20.56% | 23.19% | 23.33% |
Gross Margin
62.6%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-04-30 | 62.61% |
| 2026-01-31 | 60.61% |
| 2025-10-31 | 59.36% |
| 2025-07-31 | 59.74% |
| 2025-04-30 | 57.38% |
| 2025-01-31 | 59.81% |
| 2024-10-31 | 59.00% |
| 2024-07-31 | 59.41% |
| 2024-04-30 | 59.02% |
| 2024-01-31 | 59.40% |
| 2023-10-31 | 60.61% |
| 2023-07-31 | 62.72% |
| 2023-04-30 | 60.71% |
| 2023-01-31 | 57.72% |
| 2022-10-31 | 56.03% |
| 2022-07-31 | 61.77% |
| 2022-04-30 | 62.85% |
| 2022-01-31 | 59.98% |
| 2021-10-31 | 59.36% |
| 2021-07-31 | 61.04% |
| 2021-04-30 | 61.33% |
| 2021-01-31 | 60.37% |
| 2020-10-31 | 58.98% |
| 2020-07-31 | 61.75% |
| 2020-04-30 | 63.89% |
| 2020-01-31 | 61.96% |
| 2019-10-31 | 62.59% |
| 2019-07-31 | 65.01% |
| 2019-04-30 | 64.78% |
| 2019-01-31 | 63.16% |
| 2018-10-31 | 64.84% |
| 2018-07-31 | 68.28% |
| 2018-04-30 | 69.85% |
| 2018-01-31 | 66.86% |
| 2017-10-31 | 66.74% |
| 2017-07-31 | 68.19% |
| 2017-04-30 | 69.16% |
| 2017-01-31 | 66.34% |
| 2016-10-31 | 66.51% |
| 2016-07-31 | 68.53% |
| 2016-04-30 | 70.37% |
| 2016-01-31 | 68.60% |
| 2015-10-31 | 68.62% |
| 2015-07-31 | 70.24% |
| 2015-04-30 | 71.22% |
| 2015-01-31 | 68.02% |
| 2014-10-31 | 69.44% |
| 2014-07-31 | 70.21% |
| 2014-04-30 | 71.55% |
| 2014-01-31 | 68.03% |
| 2013-10-31 | 69.15% |
| 2013-07-31 | 69.53% |
| 2013-04-30 | 69.70% |
| 2013-01-31 | 67.84% |
| 2012-10-31 | 67.53% |
| 2012-07-31 | 69.71% |
| 2012-04-30 | 70.02% |
| 2012-01-31 | 64.27% |
| 2011-10-31 | 64.26% |
| 2011-07-31 | 50.02% |
| 2011-04-30 | 69.31% |
| 2011-01-31 | 65.47% |
| 2010-10-31 | 73.55% |
| 2010-07-31 | 66.53% |
| 2010-04-30 | 67.08% |
| 2010-01-31 | 64.47% |
| 2009-10-31 | 71.35% |
| 2009-07-31 | 74.16% |
| 2009-04-30 | 66.86% |
| 2009-01-31 | 62.56% |
| 2008-10-31 | 63.25% |
| 2008-07-31 | 70.51% |
| 2008-04-30 | 66.14% |
| 2008-01-31 | 64.34% |
| 2007-10-31 | 65.68% |
| 2007-07-31 | 73.47% |
| 2007-04-30 | 65.99% |
| 2007-01-31 | 66.53% |
| 2006-10-31 | 65.29% |
| 2006-07-31 | 68.73% |
| 2006-04-30 | 69.12% |
| 2006-01-31 | 66.35% |
| 2005-10-31 | 64.93% |
| 2005-07-31 | 67.33% |
| 2005-04-30 | 63.29% |
| 2005-01-31 | 59.52% |
| 2004-10-31 | 59.83% |
| 2004-07-31 | 60.00% |
| 2004-04-30 | 59.48% |
| 2004-01-31 | 58.07% |
| 2003-10-31 | 58.17% |
| 2003-07-31 | 59.09% |
| 2003-04-30 | 59.94% |
| 2003-01-31 | 56.14% |
| 2002-10-31 | 55.81% |
| 2002-07-31 | 58.34% |
