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Brown-Forman Corporation (BF-B)
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Brown-Forman Corporation (BF-B) Tax Rate: 19.21%

Is Brown-Forman Corporation’s tax rate high or low?

Brown-Forman Corporation's tax rate of 19.21% is in line with its 5-year average of 20.70%, around the middle of its 5-year range (16.47%–24.78%).

1.03% below its 12-month average of 19.41%.

BF-B Tax Rate Chart

BF-B Tax Rate
19.21%-2.04% 1Y
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BF-B Average Tax Rate Chart

BF-B Current vs Average Tax Rate Chart

BF-B Tax Rate Metrics

TAX RATE

19.21%

TAX RATE AVG TTM

19.41%

TAX RATE AVG 3Y

20.73%

TAX RATE AVG 5Y

20.70%

TAX RATE AVG 10Y

22.30%

TAX RATE AVG 15Y

25.17%

TAX RATE AVG 20Y

26.69%

CURRENT VS TTM AVG

-1.03%

CURRENT VS 3Y AVG

-7.35%

CURRENT VS 5Y AVG

-7.19%

CURRENT VS 10Y AVG

-13.87%

CURRENT VS 15Y AVG

-23.67%

CURRENT VS 20Y AVG

-28.03%

Brown-Forman Corporation Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Brown-Forman Corporation Tax Rate FAQ

What is the tax rate for Brown-Forman Corporation (BF-B)?
The tax rate for BF-B stock is 19.21%.
Is Brown-Forman Corporation's tax rate high or low?
Brown-Forman Corporation's tax rate of 19.21% is in line with its 5-year average of 20.70%, around the middle of its 5-year range (16.47%–24.78%).
What is the TTM average tax rate for Brown-Forman Corporation (BF-B)?
The TTM average tax rate for BF-B stock is 19.41%.
What is the 3Y average tax rate for Brown-Forman Corporation (BF-B)?
The 3Y average tax rate for BF-B stock is 20.73%.
What is the 5Y average tax rate for Brown-Forman Corporation (BF-B)?
The 5Y average tax rate for BF-B stock is 20.70%.
What is the 10Y average tax rate for Brown-Forman Corporation (BF-B)?
The 10Y average tax rate for BF-B stock is 22.30%.
What is the 15Y average tax rate for Brown-Forman Corporation (BF-B)?
The 15Y average tax rate for BF-B stock is 25.17%.
What is the 20Y average tax rate for Brown-Forman Corporation (BF-B)?
The 20Y average tax rate for BF-B stock is 26.69%.

Brown-Forman Corporation Tax Rate History

DATETAX RATE
2026-04-3019.21%
2025-04-3019.61%
2024-04-3021.11%
2023-04-3023.01%
2022-04-3024.78%
2021-04-3016.47%
2020-04-3018.04%
2019-04-3019.87%
2018-04-3026.61%
2017-04-3028.30%
2016-04-3028.34%
2015-04-3031.74%
2014-04-3030.41%
2013-04-3031.68%
2012-04-3032.48%
2011-04-3031.02%
2010-04-3034.13%
2009-04-3030.95%
2008-04-3031.68%
2007-04-3031.74%
2006-04-3029.34%
2005-04-3035.29%
2004-04-3033.51%
2003-04-3034.32%
2002-04-3034.48%
2001-04-3036.34%
2000-04-3036.44%
1999-04-3036.48%
1998-04-3037.50%
1997-04-3038.10%

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
5,700 employees
Consumer Defensive / Beverages - Wineries & Distilleries
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
CEO
Lawson E. Whiting