Brown-Forman Corporation (BF.B)

Brown-Forman Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Net Income	807	869	1,024	783	838	903
Depreciation & Amortization	83	87	87	80	79	77
Loss (Gain) From Sale of Assets	-	-	-267	-	-	-127
Asset Writedown & Restructuring Costs	49	49	7	96	61	-
Loss (Gain) on Equity Investments	-	-83	-	-	-	-
Stock-Based Compensation	30	28	25	18	15	12
Other Operating Activities	-85	-99	34	15	20	-76
Change in Accounts Receivable	-90	-70	88	-21	-77	-150
Change in Inventory	-27	-64	-349	-403	-93	-37
Change in Accounts Payable	101	-40	-31	77	37	137
Change in Income Taxes	12	-13	17	-57	47	8
Change in Other Net Operating Assets	-19	-66	12	52	9	70
Operating Cash Flow	861	598	647	640	936	817
Operating Cash Flow Growth	17.78%	-7.57%	1.09%	-31.62%	14.56%	12.85%
Capital Expenditures	-131	-167	-228	-183	-138	-62
Cash Acquisitions	-	-	-	-1,195	-	-14
Divestitures	-	-	246	-	-	177
Investment in Securities	-	350	-	-	-	-
Other Investing Activities	66	66	31	23	11	-3
Investing Cash Flow	-83	249	49	-1,355	-127	98
Short-Term Debt Issued	-	-	192	834	-	390
Long-Term Debt Issued	-	-	-	648	-	-
Total Debt Issued	-	-	192	1,482	-	390
Short-Term Debt Repaid	-	-117	-	-600	-196	-516
Long-Term Debt Repaid	-	-300	-	-250	-	-
Total Debt Repaid	-203	-417	-	-850	-196	-516
Net Debt Issued (Repaid)	-203	-417	192	632	-196	-126
Repurchase of Common Stock	-399	-	-400	-	-	-
Common Dividends Paid	-428	-420	-404	-378	-831	-338
Other Financing Activities	-4	-6	-6	-15	-11	-21
Financing Cash Flow	-1,034	-843	-618	239	-1,038	-485
Foreign Exchange Rate Adjustments	38	3	-6	-14	-47	45
Miscellaneous Cash Flow Adjustments	-17	-19	-10	-10	-6	-
Net Cash Flow	-235	-12	62	-500	-282	475
Free Cash Flow	730	431	419	457	798	755
Free Cash Flow Growth	36.70%	2.86%	-8.31%	-42.73%	5.70%	23.57%
Free Cash Flow Margin	18.67%	10.84%	10.03%	10.81%	20.29%	21.82%
Free Cash Flow Per Share	1.55	0.91	0.88	0.95	1.66	1.57
Cash Interest Paid	119	119	125	85	80	79
Cash Income Tax Paid	303	303	242	278	226	204
Levered Free Cash Flow	598.75	370.13	337.25	140	606.25	596.38
Unlevered Free Cash Flow	663.75	446.38	416.63	196.25	657.5	647
Change in Working Capital	-23	-253	-263	-352	-77	28

Updated Mar 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q