Brown Forman Corp (BF-B) Tax Rate (2009 - 2026)
Brown Forman's (BF-B) quarterly Tax Rate came in at 23.14% in Q3 2026, up 42.0% year-over-year from 16.3% in Q3 2025, and down 3.34% quarter-over-quarter from 23.94% in Q2 2026.
Analysis
Brown Forman Corp (BF-B) Tax Rate (2009 - 2026) Analysis & Trends
Brown Forman (BF-B) has reported Tax Rate for 18 consecutive years, with 23.14% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Rate rose 42.0% year-over-year to 23.14% in Q3 2026; TTM through Jul 2026 was 19.35%, a 11.0% decrease from a year earlier, with the FY2026 full-year figure at 19.21%, down 40.0% from the prior year.
- Tax Rate was 23.14% for Q3 2026 at Brown Forman, down from 23.94% in the prior quarter.
- Over five years, Tax Rate peaked at 30.09% in Q2 2022 and troughed at 15.24% in Q1 2026.
- A 5-year average of 21.57% and a median of 22.73% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 1173 bps in 2022 and slumped 704 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 23.83% in 2022, then declined by 8 bps to 21.94% in 2023, then slipped by 20 bps to 17.57% in 2024, then gained by 12 bps to 19.71% in 2025, then advanced by 17 bps to 23.14% in 2026.
- The last three Tax Rate figures came in at 23.14% (Q3 2026), 23.94% (Q2 2026), and 15.24% (Q1 2026), per Business Quant data.
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Peer Comparison
Historic Data
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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% |