Brown Forman BF-A
NYSE BF-A
$28.81 -0.15 (-0.52%)
As of: Aug 21, 2026 · 1:06 PM EDT

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
DateValue
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%