Brown Forman (BF-B) Gross Margin (2009 - 2026)
Brown Forman (BF-B) recorded Gross Margin of 46.49% in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 0.14 percentage points from 46.35% a year earlier but down 2.78 percentage points from the prior quarter.
Brown Forman (BF-B) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Brown Forman's Gross Margin came in at 46.83% as of Jul 31, 2026, up 0.56 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it came in at 46.79%, up 0.45 percentage points from FY2025.
- Annual Gross Margin has a five-year change of +0.53 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Gross Margin came in at 46.34% in FY2025 (-1.07 pp), 47.41% in FY2024 (+0.98 pp), 46.43% in FY2023 (-0.63 pp) and 47.06% in FY2022 (+0.79 pp).
- Quarterly Gross Margin has ranged from 44.29% in fiscal Q2 2023 to 50.08% in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of +0.03 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.50 percentage points in fiscal Q4 2026, against a drop of 2.44 percentage points in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 49.27% (Q4 2026), 45.85% (Q3 2026) and 46.03% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 401.84 Bn | 388.31 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 198.29 Bn | 198.29 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 182.79 Bn | 140.55 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 92.06 Bn | 80.31 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 51.95 Bn | 32.02 Bn | - | - |
| 6 | Ambev | 51.85 Bn | 37.14 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 51.70 Bn | 44.37 Bn | - | - |
| 8 | Keurig Dr Pepper | 47.08 Bn | 43.13 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.57 Bn | 22.12 Bn | 1.39 Bn | 49.46% |
| 10 | Brown Forman | 12.86 Bn | 11.55 Bn | 549.00 Mn | 46.49% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 46.49% |
| Apr 30, 2026 | 49.27% |
| Jan 31, 2026 | 45.85% |
| Oct 31, 2025 | 46.03% |
| Jul 31, 2025 | 46.35% |
| Apr 30, 2025 | 45.76% |
| Jan 31, 2025 | 45.92% |
| Oct 31, 2024 | 46.95% |
| Jul 31, 2024 | 46.66% |
| Apr 30, 2024 | 47.77% |
| Jan 31, 2024 | 45.16% |
| Oct 31, 2023 | 47.76% |
| Jul 31, 2023 | 49.10% |
| Apr 30, 2023 | 49.07% |
| Jan 31, 2023 | 44.38% |
| Oct 31, 2022 | 44.29% |
| Jul 31, 2022 | 48.29% |
| Apr 30, 2022 | 50.08% |
| Jan 31, 2022 | 45.57% |
| Oct 31, 2021 | 45.99% |
Brown Forman Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BF-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BF-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BF-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();