Brown Forman (BF-B) Tax Rate (2009 - 2026)
Brown Forman's Tax Rate came in at 23.14% for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 0.42 percentage points from 22.73% a year earlier but down 0.80 percentage points from the prior quarter.
Brown Forman (BF-B) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Brown Forman reported Tax Rate of 19.35%, down 0.11 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it was 19.21%, down 0.40 percentage points from FY2025.
- Tax Rate has declined in each of the last four fiscal years, though with a five-year change of +2.74 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 19.61% in FY2025 (-1.50 pp), 21.11% in FY2024 (-1.90 pp), 23.01% in FY2023 (-1.77 pp) and 24.78% in FY2022 (+8.31 pp).
- The five-year range for quarterly Tax Rate is 15.24% (fiscal Q3 2026) to 30.09% (fiscal Q4 2022).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -0.35 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2022 (a gain of 11.73 percentage points), and the weakest in fiscal Q4 2023 (a drop of 7.04 percentage points).
- Business Quant data shows BF-B's Tax Rate at 23.94% (Q4 2026), 15.24% (Q3 2026) and 19.71% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 373.72 Bn | 362.36 Bn | 8.42 Bn | 18.94% |
| 2 | Diageo | 207.56 Bn | 199.96 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 182.40 Bn | 182.40 Bn | 2.06 Bn | 29.65% |
| 4 | Pepsico | 175.65 Bn | 136.08 Bn | 13.11 Bn | 22.01% |
| 5 | Anheuser-Busch InBev | 133.55 Bn | 102.29 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 81.77 Bn | 70.02 Bn | 1.42 Bn | 23.91% |
| 7 | Coca-Cola Europacific Partners | 45.94 Bn | 39.18 Bn | - | - |
| 8 | Ambev | 45.55 Bn | 31.57 Bn | 2.06 Bn | - |
| 9 | Keurig Dr Pepper | 42.22 Bn | 42.46 Bn | 3.07 Bn | 31.15% |
| 10 | Brown Forman | 12.08 Bn | 10.77 Bn | 549.00 Mn | 23.14% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 23.14% |
| Apr 30, 2026 | 23.94% |
| Jan 31, 2026 | 15.24% |
| Oct 31, 2025 | 19.71% |
| Jul 31, 2025 | 22.73% |
| Apr 30, 2025 | 20.22% |
| Jan 31, 2025 | 18.67% |
| Oct 31, 2024 | 17.57% |
| Jul 31, 2024 | 22.92% |
| Apr 30, 2024 | 23.34% |
| Jan 31, 2024 | 16.67% |
| Oct 31, 2023 | 21.94% |
| Jul 31, 2023 | 22.74% |
| Apr 30, 2023 | 23.05% |
| Jan 31, 2023 | 19.35% |
| Oct 31, 2022 | 23.83% |
| Jul 31, 2022 | 23.62% |
| Apr 30, 2022 | 30.09% |
| Jan 31, 2022 | 21.04% |
| Oct 31, 2021 | 21.59% |
Brown Forman Tax Rate 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=tax-rate&ticker=BF-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BF-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();