Brown Forman (BF-B) Return on Invested Capital [ROIC] (2010 - 2026)
Brown Forman (BF-B) reported Return on Invested Capital [ROIC] of 12.39% for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 0.65 percentage points from 13.04% a year earlier but up 0.27 percentage points from the prior quarter.
Brown Forman (BF-B) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Brown Forman posted Return on Invested Capital [ROIC] of 12.21%, down 1.13 percentage points from FY2025.
- Return on Invested Capital [ROIC] has a five-year change of -7.68 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Invested Capital [ROIC] came in at 13.34% in FY2025 (-4.09 pp), 17.43% in FY2024 (+1.92 pp), 15.51% in FY2023 (-2.21 pp) and 17.72% in FY2022 (-2.17 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 12.12% in fiscal Q4 2026 and a high of 19.11% in fiscal Q1 2023.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last seven quarters, with an average year-over-year change of -1.57 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q1 2023 (a gain of 3.02 percentage points); the low point was fiscal Q1 2024 (a drop of 5.48 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 12.12% (Q4 2026), 13.20% (Q3 2026) and 12.45% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 398.85 Bn | 387.48 Bn | 8.42 Bn | 15.41% |
| 2 | Coca Cola Femsa Sab De Cv | 198.64 Bn | 198.64 Bn | 2.06 Bn | - |
| 3 | Pepsico | 185.02 Bn | 142.98 Bn | 13.75 Bn | 16.05% |
| 4 | Monster Beverage | 90.49 Bn | 78.74 Bn | 1.42 Bn | - |
| 5 | Diageo | 58.34 Bn | 40.49 Bn | - | - |
| 6 | Ambev | 52.01 Bn | 37.41 Bn | 2.06 Bn | 25.34% |
| 7 | Coca-Cola Europacific Partners | 49.78 Bn | 43.00 Bn | - | - |
| 8 | Keurig Dr Pepper | 47.19 Bn | 47.43 Bn | 3.07 Bn | 4.33% |
| 9 | Constellation Brands | 23.46 Bn | 23.01 Bn | 1.39 Bn | 11.77% |
| 10 | Brown Forman | 13.49 Bn | 12.18 Bn | 549.00 Mn | 12.39% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.39% |
| Apr 30, 2026 | 12.12% |
| Jan 31, 2026 | 13.20% |
| Oct 31, 2025 | 12.45% |
| Jul 31, 2025 | 13.04% |
| Apr 30, 2025 | 13.27% |
| Jan 31, 2025 | 14.92% |
| Oct 31, 2024 | 16.19% |
| Jul 31, 2024 | 16.29% |
| Apr 30, 2024 | 16.82% |
| Jan 31, 2024 | 16.01% |
| Oct 31, 2023 | 13.64% |
| Jul 31, 2023 | 13.63% |
| Apr 30, 2023 | 14.17% |
| Jan 31, 2023 | 14.08% |
| Oct 31, 2022 | 18.04% |
| Jul 31, 2022 | 19.11% |
| Apr 30, 2022 | 18.39% |
| Jan 31, 2022 | 17.19% |
| Oct 31, 2021 | 15.93% |
Brown Forman Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BF-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BF-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();