Brown-Forman Corporation (BF.B)
NYSE: BF.B · Real-Time Price · USD
26.56
+0.17 (0.64%)
Sep 9, 2026, 10:14 AM EDT - Market open
Brown-Forman Cash Flow Statement
Financials in millions USD. Fiscal year is May - April.
Millions USD. Fiscal year is May - Apr.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Net Income | 721 | 715 | 869 | 1,024 | 783 | 838 |
Depreciation & Amortization | 82 | 81 | 87 | 87 | 80 | 79 |
Loss (Gain) From Sale of Assets | - | - | - | -267 | - | - |
Asset Writedown & Restructuring Costs | 132 | 132 | 47 | 7 | 96 | 61 |
Loss (Gain) on Equity Investments | - | - | -83 | - | - | - |
Stock-Based Compensation | 32 | 32 | 28 | 25 | 18 | 15 |
Other Operating Activities | -39 | -42 | -97 | 34 | 15 | 20 |
Change in Accounts Receivable | 45 | 25 | -70 | 88 | -21 | -77 |
Change in Inventory | - | -22 | -64 | -349 | -403 | -93 |
Change in Accounts Payable | - | 36 | -40 | -31 | 77 | 37 |
Change in Income Taxes | -27 | -7 | -13 | 17 | -57 | 47 |
Change in Other Net Operating Assets | 67 | 50 | -66 | 12 | 52 | 9 |
Operating Cash Flow | 1,013 | 1,000 | 598 | 647 | 640 | 936 |
Operating Cash Flow Growth | 36.71% | 67.22% | -7.57% | 1.09% | -31.62% | 14.56% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Capital Expenditures | -88 | -107 | -167 | -228 | -183 | -138 |
Sale of Property, Plant & Equipment | - | 33 | 51 | - | - | - |
Cash Acquisitions | - | - | - | - | -1,195 | - |
Divestitures | - | - | - | 246 | - | - |
Investment in Securities | - | - | 350 | - | - | - |
Other Investing Activities | 2 | 3 | 15 | 31 | 23 | 11 |
Investing Cash Flow | -86 | -71 | 249 | 49 | -1,355 | -127 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Short-Term Debt Issued | - | - | - | 192 | 834 | - |
Long-Term Debt Issued | - | - | - | - | 648 | - |
Total Debt Issued | 289 | - | - | 192 | 1,482 | - |
Short-Term Debt Repaid | - | -244 | -117 | - | -600 | -196 |
Long-Term Debt Repaid | - | - | -300 | - | -250 | - |
Total Debt Repaid | -557 | -244 | -417 | - | -850 | -196 |
Net Debt Issued (Repaid) | -268 | -244 | -417 | 192 | 632 | -196 |
Repurchase of Common Stock | -402 | -400 | - | -400 | - | - |
Common Dividends Paid | -426 | -427 | -420 | -404 | -378 | -831 |
Other Financing Activities | -4 | -3 | -6 | -6 | -15 | -11 |
Financing Cash Flow | -1,100 | -1,074 | -843 | -618 | 239 | -1,038 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Foreign Exchange Rate Adjustments | 3 | 9 | 3 | -6 | -14 | -47 |
Miscellaneous Cash Flow Adjustments | -19 | -19 | -19 | -10 | -10 | -6 |
Net Cash Flow | -189 | -155 | -12 | 62 | -500 | -282 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Free Cash Flow | 925 | 893 | 431 | 419 | 457 | 798 |
Free Cash Flow Growth | 58.39% | 107.19% | 2.86% | -8.31% | -42.73% | 5.70% |
Free Cash Flow Margin | 23.63% | 22.73% | 10.84% | 10.03% | 10.81% | 20.29% |
Free Cash Flow Per Share | 2.00 | 1.91 | 0.91 | 0.88 | 0.95 | 1.66 |
Levered Free Cash Flow | 685.63 | 739.63 | 372 | 336 | 140 | 606.25 |
Unlevered Free Cash Flow | 750 | 804 | 448.25 | 415.38 | 196.25 | 657.5 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Apr '25 Apr 30, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 |
Cash Interest Paid | 101 | 101 | 119 | 125 | 85 | 80 |
Cash Income Tax Paid | 232 | 232 | 303 | 242 | 278 | 226 |
Change in Working Capital | 85 | 82 | -253 | -263 | -352 | -77 |