Brown-Forman Corporation (BF-B) Operating Margin: 29.02%
Is Brown-Forman Corporation’s operating margin high or low?
Brown-Forman Corporation's operating margin of 29.02% is in line with its 5-year average of 29.33%, around the middle of its 5-year range (26.66%–33.69%).
As of Friday, June 12, 2026. 0.78% above its 12-month average of 28.80%.
BF-B Operating Margin Chart
BF-B Average Operating Margin Chart
BF-B Current vs Average Operating Margin Chart
BF-B Operating Margin Metrics
OPERATING MARGIN
29.02%
OPERATING MARGIN AVG TTM
28.80%
OPERATING MARGIN AVG 3Y
27.93%
OPERATING MARGIN AVG 5Y
29.33%
OPERATING MARGIN AVG 10Y
32.59%
OPERATING MARGIN AVG 15Y
32.33%
OPERATING MARGIN AVG 20Y
31.18%
CURRENT VS TTM AVG
+0.78%
CURRENT VS 3Y AVG
+3.92%
CURRENT VS 5Y AVG
-1.07%
CURRENT VS 10Y AVG
-10.95%
CURRENT VS 15Y AVG
-10.23%
CURRENT VS 20Y AVG
-6.93%
BF-B Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown-Forman Corporation (BF-B) | $12.44B | 29.02% | 28.80% | 27.93% | 29.33% |
| The J. M. Smucker Company (SJM) | $12.46B | 3.98% | -1.87% | 3.52% | 7.37% |
| The Clorox Company (CLX) | $11.78B | 15.68% | 13.38% | 12.00% | 13.91% |
| McCormick & Company, Incorporated (MKC) | $13.22B | 15.51% | 15.87% | 14.94% | 15.62% |
| Hormel Foods Corporation (HRL) | $13.53B | 5.75% | 7.45% | 8.57% | 9.27% |
| Celsius Holdings, Inc. (CELH) | $7.16B | 10.40% | 15.06% | 6.55% | 5.16% |
| General Mills, Inc. (GIS) | $18.07B | 19.07% | 17.12% | 17.41% | 17.29% |
| Conagra Brands, Inc. (CAG) | $6.45B | 12.28% | 9.41% | 9.81% | 11.37% |
| Dollar Tree, Inc. (DLTR) | $22.08B | 8.54% | 8.28% | 9.04% | 9.52% |
| Church & Dwight Co., Inc. (CHD) | $23.00B | 17.30% | 15.30% | 14.93% | 16.93% |
Operating Efficiency
Gross Margin
60.5%
Operating Margin
29.0%
Brown-Forman Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Brown-Forman Corporation Operating Margin FAQ
- What is the operating margin for Brown-Forman Corporation (BF-B)?
- The operating margin for BF-B stock is 29.02%.
- Is Brown-Forman Corporation's operating margin high or low?
- Brown-Forman Corporation's operating margin of 29.02% is in line with its 5-year average of 29.33%, around the middle of its 5-year range (26.66%–33.69%).
- What is the TTM average operating margin for Brown-Forman Corporation (BF-B)?
- The TTM average operating margin for BF-B stock is 28.80%.
- What is the 3Y average operating margin for Brown-Forman Corporation (BF-B)?
- The 3Y average operating margin for BF-B stock is 27.93%.
- What is the 5Y average operating margin for Brown-Forman Corporation (BF-B)?
- The 5Y average operating margin for BF-B stock is 29.33%.
- What is the 10Y average operating margin for Brown-Forman Corporation (BF-B)?
- The 10Y average operating margin for BF-B stock is 32.59%.
- What is the 15Y average operating margin for Brown-Forman Corporation (BF-B)?
- The 15Y average operating margin for BF-B stock is 32.33%.
- What is the 20Y average operating margin for Brown-Forman Corporation (BF-B)?
- The 20Y average operating margin for BF-B stock is 31.18%.
Brown-Forman Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-04-30 | 28.23% |
| 2025-04-30 | 29.36% |
| 2024-04-30 | 27.45% |
| 2023-04-30 | 26.66% |
| 2022-04-30 | 30.61% |
| 2021-04-30 | 33.69% |
| 2020-04-30 | 32.44% |
| 2019-04-30 | 34.42% |
| 2018-04-30 | 32.27% |
| 2017-04-30 | 33.73% |
| 2016-04-30 | 49.63% |
| 2015-04-30 | 32.77% |
| 2014-04-30 | 32.46% |
| 2013-04-30 | 31.52% |
| 2012-04-30 | 28.93% |
| 2011-04-30 | 33.06% |
| 2010-04-30 | 28.76% |
| 2009-04-30 | 26.64% |
| 2008-04-30 | 26.53% |
| 2007-04-30 | 27.14% |
| 2006-04-30 | 28.49% |
| 2005-04-30 | 19.25% |
| 2004-04-30 | 17.22% |
| 2003-04-30 | 18.06% |
| 2002-04-30 | 18.03% |
| 2001-04-30 | 19.44% |
| 2000-04-30 | 18.54% |
| 1999-04-30 | 18.13% |
| 1998-04-30 | 18.39% |
| 1997-04-30 | 18.12% |
Related Metrics
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.
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- CEO
- Lawson E. Whiting