Brown Forman annual gross margin
2009
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2025
2026
Brown Forman Gross Margin Growth & History (BF-B)
Brown Forman's gross margin was 60.54% for fiscal 2026.
View full Brown Forman company overviewBrown Forman annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-04-30 | 60.54% | +1.60 pp |
| 2025 | 2025-04-30 | 58.94% | −1.52 pp |
| 2024 | 2024-04-30 | 60.46% | +1.47 pp |
| 2023 | 2023-04-30 | 58.99% | −1.81 pp |
| 2022 | 2022-04-30 | 60.79% | +0.29 pp |
| 2021 | 2021-04-30 | 60.50% | −2.74 pp |
| 2020 | 2020-04-30 | 63.25% | −1.92 pp |
| 2019 | 2019-04-30 | 65.16% | −2.63 pp |
| 2018 | 2018-04-30 | 67.80% | +0.29 pp |
| 2017 | 2017-04-30 | 67.50% | +14.05 pp |
| 2016 | 2016-04-30 | 53.45% | +0.16 pp |
| 2015 | 2015-04-30 | 53.30% | +0.63 pp |
| 2014 | 2014-04-30 | 52.66% | +1.00 pp |
| 2013 | 2013-04-30 | 51.66% | +2.00 pp |
| 2012 | 2012-04-30 | 49.67% | −0.98 pp |
| 2011 | 2011-04-30 | 50.65% | +0.71 pp |
| 2010 | 2010-04-30 | 49.94% | +0.53 pp |
| 2009 | 2009-04-30 | 49.40% | — |
Brown Forman quarterly gross margin
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Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-07-31 | 60.26% | +0.52 pp |
| Q4 2026 | 2026-04-30 | 62.61% | +5.23 pp |
| Q3 2026 | 2026-01-31 | 60.61% | +0.80 pp |
| Q2 2026 | 2025-10-31 | 59.36% | +0.37 pp |
| Q1 2026 | 2025-07-31 | 59.74% | +0.33 pp |
| Q4 2025 | 2025-04-30 | 57.38% | −1.64 pp |
| Q3 2025 | 2025-01-31 | 59.81% | +0.41 pp |
| Q2 2025 | 2024-10-31 | 59.00% | −1.62 pp |
| Q1 2025 | 2024-07-31 | 59.41% | −3.31 pp |
| Q4 2024 | 2024-04-30 | 59.02% | −1.68 pp |
| Q3 2024 | 2024-01-31 | 59.40% | +1.68 pp |
| Q2 2024 | 2023-10-31 | 60.61% | +4.58 pp |
| Q1 2024 | 2023-07-31 | 62.72% | +0.95 pp |
| Q4 2023 | 2023-04-30 | 60.71% | −2.14 pp |
| Q3 2023 | 2023-01-31 | 57.72% | −2.26 pp |
| Q2 2023 | 2022-10-31 | 56.03% | −3.32 pp |
| Q1 2023 | 2022-07-31 | 61.77% | +0.73 pp |
| Q4 2022 | 2022-04-30 | 62.85% | +1.52 pp |
| Q3 2022 | 2022-01-31 | 59.98% | −0.39 pp |
| Q2 2022 | 2021-10-31 | 59.36% | +0.37 pp |
| Q1 2022 | 2021-07-31 | 61.04% | −0.72 pp |
| Q4 2021 | 2021-04-30 | 61.33% | −2.56 pp |
| Q3 2021 | 2021-01-31 | 60.37% | −1.58 pp |
| Q2 2021 | 2020-10-31 | 58.98% | −3.60 pp |
| Q1 2021 | 2020-07-31 | 61.75% | −3.26 pp |
| Q4 2020 | 2020-04-30 | 63.89% | −0.89 pp |
| Q3 2020 | 2020-01-31 | 61.96% | −1.21 pp |
| Q2 2020 | 2019-10-31 | 62.59% | −2.25 pp |
| Q1 2020 | 2019-07-31 | 65.01% | −3.26 pp |
| Q4 2019 | 2019-04-30 | 64.78% | −5.06 pp |
| Q3 2019 | 2019-01-31 | 63.16% | −3.69 pp |
| Q2 2019 | 2018-10-31 | 64.84% | −1.90 pp |
| Q1 2019 | 2018-07-31 | 68.28% | +0.09 pp |
| Q4 2018 | 2018-04-30 | 69.85% | −1930.15 pp |
| Q3 2018 | 2018-01-31 | 66.86% | +16.24 pp |
| Q2 2018 | 2017-10-31 | 66.74% | +14.42 pp |
| Q1 2018 | 2017-07-31 | 68.19% | +15.27 pp |
| Q4 2017 | 2017-04-30 | 2,000.00% | +1945.06 pp |
| Q3 2017 | 2017-01-31 | 50.61% | −0.63 pp |
| Q2 2017 | 2016-10-31 | 52.32% | −1.14 pp |
| Q1 2017 | 2016-07-31 | 52.92% | −1.63 pp |
| Q4 2016 | 2016-04-30 | 54.94% | −0.61 pp |
| Q3 2016 | 2016-01-31 | 51.25% | +0.65 pp |
| Q2 2016 | 2015-10-31 | 53.47% | −0.19 pp |
| Q1 2016 | 2015-07-31 | 54.56% | +0.81 pp |
| Q4 2015 | 2015-04-30 | 55.54% | +0.34 pp |
| Q3 2015 | 2015-01-31 | 50.59% | +1.24 pp |
| Q2 2015 | 2014-10-31 | 53.66% | +0.27 pp |
| Q1 2015 | 2014-07-31 | 53.75% | +0.51 pp |
| Q4 2014 | 2014-04-30 | 55.21% | +2.14 pp |
| Q3 2014 | 2014-01-31 | 49.35% | −0.02 pp |
| Q2 2014 | 2013-10-31 | 53.38% | +1.61 pp |
| Q1 2014 | 2013-07-31 | 53.24% | +0.39 pp |
| Q4 2013 | 2013-04-30 | 53.06% | +0.39 pp |
| Q3 2013 | 2013-01-31 | 49.37% | +2.35 pp |
| Q2 2013 | 2012-10-31 | 51.78% | +2.26 pp |
| Q1 2013 | 2012-07-31 | 52.85% | +2.83 pp |
| Q4 2012 | 2012-04-30 | 52.67% | −0.79 pp |
| Q3 2012 | 2012-01-31 | 47.02% | −1.14 pp |
| Q2 2012 | 2011-10-31 | 49.51% | −1.15 pp |
| Q1 2012 | 2011-07-31 | 50.02% | −0.83 pp |
| Q4 2011 | 2011-04-30 | 53.46% | +2.07 pp |
| Q3 2011 | 2011-01-31 | 48.16% | +0.48 pp |
| Q2 2011 | 2010-10-31 | 50.66% | +1.04 pp |
| Q1 2011 | 2010-07-31 | 50.85% | −0.66 pp |
| Q4 2010 | 2010-04-30 | 51.40% | — |
| Q3 2010 | 2010-01-31 | 47.68% | — |
| Q2 2010 | 2009-10-31 | 49.61% | — |
| Q1 2010 | 2009-07-31 | 51.51% | — |
Brown Forman gross margin trends
Over the last five fiscal years, Brown Forman's gross margin increased from 60.50% to 60.54%, a change of +0.04 percentage points. The latest reported quarter, Q1 2027, shows 60.26%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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