Brown Forman (BF-A) Tax Rate (2009 - 2026)
Brown Forman (BF-A) posted quarterly Tax Rate of 23.94% for Q2 2026, up 373.0% year-over-year from 5.06% in Q2 2025, and up 57.13% quarter-over-quarter from 15.24% in Q1 2026.
Brown Forman (BF-A) Tax Rate (2009 - 2026) Analysis & Trends
Brown Forman (BF-A) has reported Tax Rate for 18 consecutive years, with 23.94% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 373.0% year-over-year to 23.94%; the TTM figure through Apr 2026 stood at 19.21% (down 40.0% YoY), while the FY2026 annual figure was 19.21%, down 40.0% from the prior year.
- Tax Rate improved to 23.94% in Q2 2026 per BF-A's latest filing, from 15.24% in the prior quarter.
- Across five years, Tax Rate topped out at 30.09% in Q2 2022 and bottomed at 15.24% in Q1 2026.
- Historically, Tax Rate has averaged 21.48% across 5 years, with a median of 22.33% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 1173 bps — and 2023, when it sank 704 bps.
- Brown Forman's Tax Rate stood at 23.83% in 2022, then retreated by 8 bps to 21.94% in 2023, then declined by 20 bps to 17.57% in 2024, then climbed by 12 bps to 19.71% in 2025, then advanced by 21 bps to 23.94% in 2026.
- Business Quant data shows BF-A's Tax Rate at 23.94% in Q2 2026, 15.24% in Q1 2026, and 19.71% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 208.86 Bn | 202.04 Bn | - | - |
| 2 | Brown Forman | 13.44 Bn | 13.13 Bn | 571.00 Mn | 23.94% |
| 3 | Mgp Ingredients | 383.33 Mn | 365.54 Mn | 46.47 Mn | 20.32% |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 24.95% |
| 6 | Epsium Enterprise | 13.22 Mn | 7.43 Mn | - | - |
| 7 | Willamette Valley Vineyards | 11.38 Mn | 11.38 Mn | - | - |
| 8 | Splash Beverage | 520,565.07 | 139,370.07 | 1,848.00 | - |
| 9 | LQR House | 380,275.64 | -4.08 Mn | -22,236.00 | - |
| 10 | Sndl | 349,466.01 | -146.61 Mn | 40.74 Mn | -17.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 23.94% |
| Apr 30, 2026 | 23.94% |
| Apr 30, 2026 | 23.94% |
| Jan 31, 2026 | 15.24% |
| Jan 31, 2026 | 15.24% |
| Jan 31, 2026 | 15.24% |
| Oct 31, 2025 | 19.71% |
| Oct 31, 2025 | 19.71% |
| Oct 31, 2025 | 19.71% |
| Jul 31, 2025 | 22.73% |
| Jul 31, 2025 | 22.73% |
| Jul 31, 2025 | 22.73% |
| Apr 30, 2025 | 20.22% |
| Apr 30, 2025 | 20.22% |
| Apr 30, 2025 | 20.22% |
| Jan 31, 2025 | 18.67% |
| Jan 31, 2025 | 18.67% |
| Jan 31, 2025 | 18.67% |
| Oct 31, 2024 | 17.57% |
| Oct 31, 2024 | 17.57% |