Brown-Forman Corporation Website

Brown-Forman Corporation

NYSE-BF.B

Income Statement
Apr '15
Apr '16
Apr '17
Apr '18
Apr '19
Apr '20
Apr '21
Apr '22
Apr '23
Apr '24
LTM

Total Revenues

3,363

3,461

3,933

4,228

4,178

4,091

Total Revenues % Chg.

1.2%

2.9%

13.6%

7.5%

-1.2%

-3.9%

Cost of Goods Sold, Total

1,236

1,367

1,542

1,734

1,652

1,651

Gross Profit

2,127

2,094

2,391

2,494

2,526

2,440

Selling General & Admin Expenses, Total

1,030

1,076

1,141

1,266

1,358

1,340

Other Operating Expenses

-3

2

14

-5

23

-10

Other Operating Expenses, Total

1,027

1,078

1,155

1,261

1,381

1,330

Operating Income

1,100

1,016

1,236

1,233

1,145

1,110

Interest Expense, Total

-82

-81

-82

-90

-127

-130

Interest And Investment Income

5

2

5

9

14

16

Net Interest Expenses

-77

-79

-77

-81

-113

-114

Currency Exchange Gains (Loss)

—

-14

17

7

16

8

-2

EBT, Excl. Unusual Items

1,009

954

1,166

1,168

1,040

994

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

-55

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

127

—

—

274

274

Asset Writedown

—

—

—

—

—

—

—

-52

-96

-7

-7

Other Unusual Items

—

—

—

—

—

—

—

—

—

-9

-9

EBT, Incl. Unusual Items

1,009

1,081

1,114

1,017

1,298

1,252

Income Tax Expense

182

178

276

234

274

264

Earnings From Continuing Operations

827

903

838

783

1,024

988

Net Income

827

903

838

783

1,024

988

Net Income to Common Incl Extra Items

827

903

838

783

1,024

988

Net Income to Common Excl. Extra Items

827

903

838

783

1,024

988

Total Shares Outstanding

478.2

478.7

479

478.6

472.6

472.7

Weighted Avg. Shares Outstanding

477.8

478.5

478.9

479.2

476.4

474.7

Weighted Avg. Shares Outstanding Dil

480.4

480.7

480.6

480.5

477.2

475.4

EPS

1.7

1.9

1.7

1.6

2.1

2.1

EPS Diluted

1.7

1.9

1.7

1.6

2.1

2.1

EBITDA

1,174

1,093

1,315

1,313

1,232

1,198

Effective Tax Rate

18%

16.5%

24.8%

23%

21.1%

21.1%