Brown Forman Corp (BF-B) Gross Margin (2009 - 2026)
Brown Forman's (BF-B) quarterly Gross Margin came in at 46.49% in Q3 2026, up 14.0% year-over-year from 40.78% in Q3 2025, and down 5.64% quarter-over-quarter from 49.27% in Q2 2026.
Analysis
Brown Forman Corp (BF-B) Gross Margin (2009 - 2026) Analysis & Trends
Brown Forman (BF-B) has reported Gross Margin for 18 consecutive years, with 46.49% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Gross Margin rose 14.0% year-over-year to 46.49% in Q3 2026; TTM through Jul 2026 was 46.83%, a 56.0% increase from a year earlier, with the FY2026 full-year figure at 46.79%, up 45.0% from the prior year.
- Gross Margin was 46.49% for Q3 2026 at Brown Forman, down from 49.27% in the prior quarter.
- Over five years, Gross Margin peaked at 50.08% in Q2 2022 and troughed at 44.29% in Q4 2022.
- A 5-year average of 46.88% and a median of 46.49% in 2026 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 244 bps in 2024 and soared 350 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 44.29% in 2022, then advanced by 8 bps to 47.76% in 2023, then declined by 2 bps to 46.95% in 2024, then fell by 2 bps to 46.03% in 2025, then increased by 1 bps to 46.49% in 2026.
- The last three Gross Margin figures came in at 46.49% (Q3 2026), 49.27% (Q2 2026), and 45.85% (Q1 2026), per Business Quant data.
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Historic Data
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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% |