Brown-Forman (BF-B) Operating Margin: History & Chart

Brown-Forman Corporation(BF-B)

Beverages - Wineries & Distilleries · Louisville, KY

$26.15-0.24 (-0.91%)

Delayed quote: Sep 9, 2026, 4:00 PM EDT

About Brown-Forman Corporation

Brown-Forman Corporation, along with its subsidiaries, operates globally within the alcoholic beverage industry. The company is actively involved in the production, distillation, bottling, international trade (importing and exporting), marketing, and sale of a diverse portfolio of alcoholic products. Its extensive offerings encompass a wide variety of spirits, wines, and whiskey products, including specialty whiskey spirits and flavored whiskey liqueurs. The range also features convenient ready-to-drink and ready-to-pour options, pre-mixed cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and other liqueurs. These beverages are primarily marketed under prominent brands such as Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin. Beyond beverage sales, Brown-Forman also engages in the sale of used barrels, bulk whiskey, and wine, in addition to offering contract bottling services. The company's distribution model involves reaching retail customers and end consumers through independent distributors or state governments, while directly supplying retailers, wholesalers, and provincial governments. With a history dating back to its founding in 1870, Brown-Forman Corporation is headquartered in Louisville, Kentucky, and conducts substantial operations across the United States, Germany, Australia, the United Kingdom, Mexico, and numerous other international markets.

Louisville, KY

4,900 employees

www.brown-forman.com

Consumer Defensive / Beverages - Wineries & Distilleries

Sector: Consumer Defensive
Industry: Beverages - Wineries & Distilleries
CEO: Lawson E. Whiting

View full financials

BF-B Operating Margin Metrics

OPERATING MARGIN

28.61%

OPERATING MARGIN AVG TTM

28.62%

OPERATING MARGIN AVG 3Y

30.25%

OPERATING MARGIN AVG 5Y

30.02%

OPERATING MARGIN AVG 10Y

31.82%

OPERATING MARGIN AVG 15Y

31.83%

OPERATING MARGIN AVG 20Y

30.06%

CURRENT VS TTM AVG

-0.03%

CURRENT VS 3Y AVG

-5.43%

CURRENT VS 5Y AVG

-4.70%

CURRENT VS 10Y AVG

-10.09%

CURRENT VS 15Y AVG

-10.11%

CURRENT VS 20Y AVG

-4.83%

SECTOR MEDIAN · CONSUMER DEFENSIVE

11.72%

median of 52 covered companies

CURRENT VS SECTOR MEDIAN

+144.01%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Brown-Forman Corporation (BF-B)	$12.19B	28.61%	28.62%	30.25%	30.02%
Hormel Foods Corporation (HRL)vs ›	$11.47B	4.72%	7.45%	8.57%	9.27%
The J. M. Smucker Company (SJM)vs ›	$13.08B	19.69%	3.56%	6.24%	9.18%
The Clorox Company (CLX)vs ›	$10.76B	24.73%	20.65%	15.66%	14.91%
McCormick & Company, Incorporated (MKC)vs ›	$13.79B	15.34%	15.87%	14.94%	15.62%
Smithfield Foods, Inc. (SFD)vs ›	$8.19B	8.66%	8.12%	5.69%	5.24%
Molson Coors Beverage Company (TAP)vs ›	$7.12B	-22.74%	-2.97%	1.96%	2.96%
Conagra Brands, Inc. (CAG)vs ›	$7.10B	-14.43%	-14.43%	1.47%	4.97%
Celsius Holdings, Inc. (CELH)vs ›	$6.92B	18.63%	15.06%	6.55%	5.16%
Sprouts Farmers Market, Inc. (SFM)vs ›	$6.84B	7.48%	7.20%	6.28%	6.11%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Brown-Forman Corporation (BF-B)

$12.19B

28.61%

28.62%

30.25%

30.02%

Hormel Foods Corporation (HRL)vs ›

$11.47B

4.72%

7.45%

8.57%

9.27%

The J. M. Smucker Company (SJM)vs ›

$13.08B

19.69%

3.56%

6.24%

9.18%

The Clorox Company (CLX)vs ›

$10.76B

24.73%

20.65%

15.66%

14.91%

McCormick & Company, Incorporated (MKC)vs ›

$13.79B

15.34%

15.87%

14.94%

15.62%

Smithfield Foods, Inc. (SFD)vs ›

$8.19B

8.66%

8.12%

5.69%

5.24%

Molson Coors Beverage Company (TAP)vs ›

$7.12B

-22.74%

-2.97%

1.96%

2.96%

Conagra Brands, Inc. (CAG)vs ›

$7.10B

-14.43%

1.47%

4.97%

Celsius Holdings, Inc. (CELH)vs ›

$6.92B

18.63%

15.06%

6.55%

5.16%

Sprouts Farmers Market, Inc. (SFM)vs ›

$6.84B

7.48%

7.20%

6.28%

6.11%

Operating Margin FAQ

What is the operating margin for Brown-Forman Corporation (BF-B)?

The operating margin for BF-B stock is 28.61%.

Is Brown-Forman Corporation's operating margin high or low?

The operating margin of 28.61% is in line with its 5-year average of 30.02%, around the middle of its 5-year range (16.00%–38.90%).

What is the TTM average operating margin for Brown-Forman Corporation (BF-B)?

The TTM average operating margin for BF-B stock is 28.62%.

What is the 3Y average operating margin for Brown-Forman Corporation (BF-B)?

The 3Y average operating margin for BF-B stock is 30.25%.

What is the 5Y average operating margin for Brown-Forman Corporation (BF-B)?

The 5Y average operating margin for BF-B stock is 30.02%.

What is the 10Y average operating margin for Brown-Forman Corporation (BF-B)?

The 10Y average operating margin for BF-B stock is 31.82%.

What is the 15Y average operating margin for Brown-Forman Corporation (BF-B)?

The 15Y average operating margin for BF-B stock is 31.83%.

What is the 20Y average operating margin for Brown-Forman Corporation (BF-B)?

The 20Y average operating margin for BF-B stock is 30.06%.

DATE	OPERATING MARGIN
2026-07-31	27.66%
2026-04-30	23.68%
2026-01-31	32.48%
2025-10-31	29.83%
2025-07-31	29.44%
2025-04-30	25.95%
2025-01-31	30.05%
2024-10-31	31.14%
2024-07-31	29.55%
2024-04-30	38.90%
2024-01-31	34.89%
2023-10-31	30.62%
2023-07-31	31.50%
2023-04-30	28.49%
2023-01-31	16.00%
2022-10-31	28.61%
2022-07-31	34.06%
2022-04-30	24.70%
2022-01-31	33.46%
2021-10-31	32.39%
2021-07-31	31.90%
2021-04-30	20.69%
2021-01-31	30.85%
2020-10-31	33.50%
2020-07-31	51.39%
2020-04-30	26.38%
2020-01-31	33.82%
2019-10-31	35.59%
2019-07-31	32.38%
2019-04-30	30.65%
2019-01-31	35.40%
2018-10-31	36.48%
2018-07-31	34.46%
2018-04-30	19.78%
2018-01-31	34.85%
2017-10-31	38.18%
2017-07-31	34.02%
2017-04-30	30.40%
2017-01-31	33.79%
2016-10-31	35.06%
2016-07-31	32.22%
2016-04-30	99.59%
2016-01-31	34.36%
2015-10-31	35.36%
2015-07-31	32.47%
2015-04-30	31.35%
2015-01-31	33.46%
2014-10-31	34.55%
2014-07-31	31.35%
2014-04-30	27.29%
2014-01-31	32.61%
2013-10-31	37.33%
2013-07-31	31.63%
2013-04-30	26.80%
2013-01-31	31.73%
2012-10-31	33.73%
2012-07-31	33.34%
2012-04-30	24.85%
2012-01-31	29.39%
2011-10-31	31.53%
2011-07-31	22.12%
2011-04-30	36.37%
2011-01-31	31.85%
2010-10-31	25.95%
2010-07-31	30.33%
2010-04-30	21.09%
2010-01-31	27.28%
2009-10-31	25.27%
2009-07-31	26.02%
2009-04-30	22.62%
2009-01-31	29.91%
2008-10-31	30.04%
2008-07-31	17.80%
2008-04-30	22.29%
2008-01-31	27.01%
2007-10-31	29.71%
2007-07-31	21.03%
2007-04-30	19.74%
2007-01-31	29.00%
2006-10-31	30.95%
2006-07-31	27.62%
2006-04-30	21.81%
2006-01-31	32.80%
2005-10-31	29.11%
2005-07-31	29.80%
2005-04-30	15.56%
2005-01-31	18.62%
2004-10-31	21.47%
2004-07-31	19.35%
2004-04-30	16.80%
2004-01-31	21.37%
2003-10-31	22.13%
2003-07-31	11.31%
2003-04-30	18.90%
2003-01-31	19.44%
2002-10-31	20.51%

DATE

OPERATING MARGIN

2026-07-31

27.66%

2026-04-30

23.68%

2026-01-31

32.48%

2025-10-31

29.83%

2025-07-31

29.44%

2025-04-30

25.95%

2025-01-31

30.05%

2024-10-31

31.14%

2024-07-31

29.55%

2024-04-30

38.90%

2024-01-31

34.89%

2023-10-31

30.62%

2023-07-31

31.50%

2023-04-30

28.49%

2023-01-31

16.00%

2022-10-31

28.61%

2022-07-31

34.06%

2022-04-30

24.70%

2022-01-31

33.46%

2021-10-31

32.39%

2021-07-31

31.90%

2021-04-30

20.69%

2021-01-31

30.85%

2020-10-31

33.50%

2020-07-31

51.39%

2020-04-30

26.38%

2020-01-31

33.82%

2019-10-31

35.59%

2019-07-31

32.38%

2019-04-30

30.65%

2019-01-31

35.40%

2018-10-31

36.48%

2018-07-31

34.46%

2018-04-30

19.78%

2018-01-31

34.85%

2017-10-31

38.18%

2017-07-31

34.02%

2017-04-30

30.40%

2017-01-31

33.79%

2016-10-31

35.06%

2016-07-31

32.22%

2016-04-30

99.59%

2016-01-31

34.36%

2015-10-31

35.36%

2015-07-31

32.47%

2015-04-30

31.35%

2015-01-31

33.46%

2014-10-31

34.55%

2014-07-31

31.35%

2014-04-30

27.29%

2014-01-31

32.61%

2013-10-31

37.33%

2013-07-31

31.63%

2013-04-30

26.80%

2013-01-31

31.73%

2012-10-31

33.73%

2012-07-31

33.34%

2012-04-30

24.85%

2012-01-31

29.39%

2011-10-31

31.53%

2011-07-31

22.12%

2011-04-30

36.37%

2011-01-31

31.85%

2010-10-31

25.95%

2010-07-31

30.33%

2010-04-30

21.09%

2010-01-31

27.28%

2009-10-31

25.27%

2009-07-31

26.02%

2009-04-30

22.62%

2009-01-31

29.91%

2008-10-31

30.04%

2008-07-31

17.80%

2008-04-30

22.29%

2008-01-31

27.01%

2007-10-31

29.71%

2007-07-31

21.03%

2007-04-30

19.74%

2007-01-31

29.00%

2006-10-31

30.95%

2006-07-31

27.62%

2006-04-30

21.81%

2006-01-31

32.80%

2005-10-31

29.11%

2005-07-31

29.80%

2005-04-30

15.56%

2005-01-31

18.62%

2004-10-31

21.47%

2004-07-31

19.35%

2004-04-30

16.80%

2004-01-31

21.37%

2003-10-31

22.13%

2003-07-31

11.31%

2003-04-30

18.90%

2003-01-31

19.44%

2002-10-31

20.51%

Operating Margin: 28.61%

BF-B Operating Margin

BF-B Average Operating Margin Chart

BF-B Current vs Average Operating Margin Chart

BF-B Operating Margin Metrics

BF-B Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

BF-B Operating Margin History

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