Brown Forman (BF-B) Tax Rate (2009 - 2026)
Brown Forman (BF-B) reported Tax Rate of 23.94% for Q2 2026, up 373.0% year-over-year from 5.06% in Q2 2025, and up 57.13% sequentially from 15.24% in Q1 2026.
Brown Forman (BF-B) Tax Rate (2009 - 2026) Analysis & Trends
Brown Forman has disclosed Tax Rate across 18 years of filings, most recently posting 23.94% for Q2 2026.
- Quarterly Tax Rate rose 373.0% year-over-year to 23.94% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 19.21% (down 40.0% YoY) and the FY2026 annual result came in at 19.21%, down 40.0% from the prior year.
- Tax Rate rose to 23.94% in Q2 2026, from 15.24% in the prior quarter.
- Across five years, Tax Rate topped out at 30.09% in Q2 2022 and bottomed at 15.24% in Q1 2026.
- The 5-year median for Tax Rate is 22.33% (2023), against an average of 21.48%.
- Year-over-year, Tax Rate jumped 1173 bps in 2022 and slumped 704 bps in 2023.
- Brown Forman's Tax Rate stood at 23.83% in 2022, then fell by 8 bps to 21.94% in 2023, then dropped by 20 bps to 17.57% in 2024, then advanced by 12 bps to 19.71% in 2025, then gained by 21 bps to 23.94% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.94%, 15.24%, and 19.71% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 179,394,718.17 Bn | 179,394,718.17 Bn | - | - |
| 2 | Sndl | 2.36 Bn | 2.20 Bn | 38.51 Mn | - |
| 3 | Mgp Ingredients | 351.86 Mn | 339.85 Mn | 33.58 Mn | 22.82 |
| 4 | Agencia Comercial Spirits | 246.49 Mn | 230.66 Mn | - | - |
| 5 | LQR House | 18.69 Mn | 14.23 Mn | -22,236.00 | - |
| 6 | Willamette Valley Vineyards | 13.89 Mn | 13.49 Mn | 5.03 Mn | 25.50 |
| 7 | Epsium Enterprise | 5.34 Mn | 3.32 Mn | - | - |
| 8 | Splash Beverage | 854,741.06 | 473,546.06 | 1,848.00 | - |
| 9 | Diageo | - | - | - | - |
| 10 | Brown Forman | - | - | 571.00 Mn | 23.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 23.94% |
| Apr 30, 2026 | 23.94% |
| Jan 31, 2026 | 15.24% |
| Jan 31, 2026 | 15.24% |
| Oct 31, 2025 | 19.71% |
| Oct 31, 2025 | 19.71% |
| Jul 31, 2025 | 22.73% |
| Jul 31, 2025 | 22.73% |
| Apr 30, 2025 | 20.22% |
| Apr 30, 2025 | 20.22% |
| Jan 31, 2025 | 18.67% |
| Jan 31, 2025 | 18.67% |
| Oct 31, 2024 | 17.57% |
| Oct 31, 2024 | 17.57% |
| Jul 31, 2024 | 22.92% |
| Jul 31, 2024 | 22.92% |
| Apr 30, 2024 | 23.34% |
| Apr 30, 2024 | 23.34% |
| Jan 31, 2024 | 16.67% |
| Jan 31, 2024 | 16.67% |