Brown Forman (BF-A) Return on Capital Employed (2010 - 2026)
Brown Forman (BF-A) posted quarterly Return on Capital Employed of 14.58% for Q2 2026, down 124.0% year-over-year from 60.75% in Q2 2025, and down 11.59% quarter-over-quarter from 16.49% in Q1 2026.
Brown Forman (BF-A) Return on Capital Employed (2010 - 2026) Analysis & Trends
Brown Forman (BF-A) has reported Return on Capital Employed for 17 consecutive years, with 14.58% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed fell 124.0% year-over-year to 14.58%; the TTM figure through Apr 2026 stood at 14.58% (down 124.0% YoY), while the FY2026 annual figure was 14.81%, down 90.0% from the prior year.
- Return on Capital Employed retreated to 14.58% in Q2 2026 per BF-A's latest filing, from 16.49% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 23.57% in Q3 2022 and bottomed at 14.58% in Q2 2026.
- Historically, Return on Capital Employed has averaged 18.93% across 5 years, with a median of 19.16% in 2023.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 471 bps — and 2023, when it tumbled 680 bps.
- Brown Forman's Return on Capital Employed stood at 22.94% in 2022, then declined by 27 bps to 16.71% in 2023, then advanced by 22 bps to 20.4% in 2024, then decreased by 24 bps to 15.49% in 2025, then dropped by 6 bps to 14.58% in 2026.
- Business Quant data shows BF-A's Return on Capital Employed at 14.58% in Q2 2026, 16.49% in Q1 2026, and 15.49% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 209.32 Bn | 202.51 Bn | - | - |
| 2 | Brown Forman | 13.45 Bn | 13.14 Bn | 571.00 Mn | 14.58% |
| 3 | Mgp Ingredients | 383.76 Mn | 365.97 Mn | 46.47 Mn | -27.86% |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | -1.00% |
| 6 | Epsium Enterprise | 13.49 Mn | 7.70 Mn | - | - |
| 7 | Willamette Valley Vineyards | 10.95 Mn | 10.95 Mn | - | - |
| 8 | Splash Beverage | 527,531.83 | 146,336.83 | 1,848.00 | 81.55% |
| 9 | LQR House | 364,528.74 | -4.10 Mn | -22,236.00 | -41.09% |
| 10 | Sndl | 361,302.21 | -146.60 Mn | 40.74 Mn | -1.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 14.58% |
| Jan 31, 2026 | 16.49% |
| Oct 31, 2025 | 15.49% |
| Jul 31, 2025 | 16.38% |
| Apr 30, 2025 | 15.82% |
| Jan 31, 2025 | 18.31% |
| Oct 31, 2024 | 20.40% |
| Jul 31, 2024 | 20.93% |
| Apr 30, 2024 | 21.29% |
| Jan 31, 2024 | 20.37% |
| Oct 31, 2023 | 16.71% |
| Jul 31, 2023 | 16.77% |
| Apr 30, 2023 | 16.87% |
| Jan 31, 2023 | 20.02% |
| Oct 31, 2022 | 22.94% |
| Jul 31, 2022 | 23.57% |
| Apr 30, 2022 | 22.87% |
| Jan 31, 2022 | 20.96% |
| Oct 31, 2021 | 18.23% |
| Jul 31, 2021 | 19.05% |