Brown Forman BF-A
NYSE BF-A
$28.84 -0.12 (-0.41%)
As of: Aug 21, 2026 · 3:10 PM EDT

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
DateValue
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%