Brown Forman Corp (BF-B) Operating Margin (2009 - 2026)

Brown Forman (BF-B) has reported Operating Margin for 18 consecutive years, with 21.34% the latest figure, recorded in Q3 2026.

• On a quarterly basis, Operating Margin fell 49.0% year-over-year to 21.34% in Q3 2026; TTM through Jul 2026 was 19.58%, a 199.0% decrease from a year earlier, with the FY2026 full-year figure at 19.7%, down 220.0% from the prior year.
• Operating Margin was 21.34% for Q3 2026 at Brown Forman, up from 8.28% in the prior quarter.
• Over five years, Operating Margin peaked at 31.49% in Q2 2024 and troughed at 8.28% in Q2 2026.
• A 5-year average of 22.22% and a median of 23.03% in 2023 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin surged 1422 bps in 2024 and slumped 1320 bps in 2025, its largest moves.
• Over 5 years, Operating Margin stood at 22.62% in 2022, then gained by 7 bps to 24.13% in 2023, then gained by 3 bps to 24.78% in 2024, then declined by 8 bps to 22.83% in 2025, then decreased by 7 bps to 21.34% in 2026.
• The last three Operating Margin figures came in at 21.34% (Q3 2026), 8.28% (Q2 2026), and 24.36% (Q1 2026), per Business Quant data.