Growth Metrics

Brown Forman (BF-B) Tax Rate (2016 - 2026)

Brown Forman (BF-B) has disclosed Tax Rate for 16 consecutive years, with 23.34% as the latest value for Q2 2024.

  • On a quarterly basis, Tax Rate rose 29.0% to 23.34% in Q2 2024 year-over-year; TTM through Apr 2024 was 21.11%, a 190.0% decrease, with the full-year FY2025 number at 19.61%, down 150.0% from a year prior.
  • Tax Rate was 23.34% for Q2 2024 at Brown Forman, up from 16.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.09% in Q2 2022 to a low of 11.48% in Q3 2020.
  • A 5-year average of 21.39% and a median of 22.13% in 2023 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 1715bps in 2021, then crashed -704bps in 2023.
  • Brown Forman's Tax Rate stood at 22.33% in 2020, then dropped by -3bps to 21.59% in 2021, then rose by 10bps to 23.83% in 2022, then dropped by -8bps to 21.94% in 2023, then rose by 6bps to 23.34% in 2024.
  • Per Business Quant, the three most recent readings for BF-B's Tax Rate are 23.34% (Q2 2024), 16.67% (Q1 2024), and 21.94% (Q4 2023).