Profile Jobs (6)

Brown-Forman Corporation

Food & Beverage Manufacturing & Industrial beverages spirits wine

Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. Brown-Forman leads a spirited existence and spreads its spirits, led by Jack Daniel's whiskey, around the world. The company's portfolio of mid-priced to super-premium brands includes such well-known spirits as Jack Daniel's, Canadian Mist, Finlandia, Southern Comfort, and Woodford Reserve. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail brands.

Revenue(FY, 2017)

Market capitalization(2017-07-20)

Company Growth (employees)

Type

Public

HQ

Louisville, US

Founded

1870

Size (employees)

4,600 (est)

Website

brown-forman.com

Brown-Forman Corporation was founded in 1870 and is headquartered in Louisville, US

Key People at Brown-Forman Corporation

John Hayes

John Hayes

Chief Marketing Officer

Jason Loehr

Jason Loehr

VP, Global Media & Insights

Brown-Forman Corporation Office Locations

Brown-Forman Corporation has an office in Louisville

Louisville, US (HQ)

850 Dixie Hwy

Brown-Forman Corporation Data and Metrics

Brown-Forman Corporation Financial Metrics

Brown-Forman Corporation's revenue was reported to be $3 b in FY, 2017

Summary

USD

Brown-Forman Corporation's current market capitalization is $18.5 b.

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	3 b	3.1 b	3.1 b	3 b
Revenue growth, %		5%	(1%)	(3%)
Cost of goods sold	913 m	951 m	945 m	973 m
Gross profit	2.1 b	2.2 b	2.1 b	2 b
Gross profit Margin, %	69%	70%	69%	68%
General and administrative expense				667 m
Operating expense total				667 m
EBIT	971 m	1 b	1.5 b	989 m
EBIT margin, %	32%	33%	50%	33%
Interest expense	26 m	27 m	46 m	59 m
Interest income	2 m	2 m	2 m	3 m
Pre tax profit	947 m	1 b	1.5 b	933 m
Income tax expense	288 m	318 m	422 m	264 m
Net Income	659 m	684 m	1.1 b	669 m

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Revenue	921 m	1.1 b	1.1 b	900 m	1.1 b	1.1 b	661 m	830 m	808 m
Cost of goods sold	210 m	268 m	260 m	208 m	268 m	254 m	208 m	278 m	272 m
Gross profit	711 m	867 m	833 m	692 m	828 m	829 m	453 m	552 m	536 m
Gross profit Margin, %	77%	76%	76%	77%	76%	77%	69%	67%	66%
General and administrative expense	170 m	178 m	163 m	169 m	171 m	167 m	163 m	163 m	162 m
Operating expense total	170 m	178 m	163 m	169 m	171 m	167 m	163 m	163 m	162 m
EBIT	221 m	303 m	272 m	227 m	302 m	278 m	213 m	291 m	273 m
EBIT margin, %	24%	27%	25%	25%	28%	26%	32%	35%	34%
Interest expense	7 m	7 m	6 m	9 m	12 m	12 m	13 m	16 m	16 m
Interest income							1 m	1 m	1 m
Pre tax profit	214 m	296 m	266 m	218 m	290 m	266 m	201 m	276 m	258 m
Income tax expense	64 m	88 m	80 m	62 m	90 m	76 m	57 m	79 m	76 m
Net Income	150 m	208 m	186 m	156 m	200 m	190 m	144 m	197 m	182 m

Balance Sheet

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	437 m	370 m	263 m	182 m
Inventories				1.3 b
Current Assets	2.2 b	2.3 b	2.2 b	2.4 b
PP&E	526 m	586 m	629 m	713 m
Goodwill	620 m	607 m	590 m	753 m
Total Assets	4.1 b	4.2 b	4.2 b	4.6 b
Accounts Payable	474 m	497 m	501 m	501 m
Total Debt				2.1 b
Current Liabilities	561 m	958 m	791 m	970 m
Total Liabilities				3.3 b
Common Stock	13 m	13 m	13 m	25 m
Additional Paid-in Capital	81 m	99 m	114 m	65 m
Retained Earnings	2.9 b	3.3 b	4.1 b	4.5 b
Total Equity			1.6 b	1.4 b
Debt to Equity Ratio				1.6 x
Debt to Assets Ratio				0.5 x
Financial Leverage			2.7 x	3.4 x

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Cash	460 m	235 m	250 m	494 m	195 m	317 m	459 m	211 m	197 m
Inventories	949 m	971 m	920 m	1 b	1.1 b	1 b	1.3 b	1.3 b	1.2 b
Current Assets	2.3 b	2.3 b	2.2 b	2.4 b	2.3 b	2.4 b	2.6 b	2.5 b	2.4 b
PP&E	538 m	556 m	567 m	608 m	619 m	621 m	645 m	651 m	669 m
Goodwill	618 m	614 m	607 m	605 m	606 m	589 m	756 m	743 m	746 m
Total Assets	4.2 b	4.2 b	4.2 b	4.3 b	4.3 b	4.3 b	4.8 b	4.7 b	4.6 b
Accounts Payable	427 m	535 m	511 m	438 m	549 m	498 m	463 m	554 m	478 m
Dividends Payable	62 m		66 m	65 m		68 m	67 m		70 m
Current Liabilities	637 m	678 m	860 m	833 m	1.1 b	1.1 b	874 m	904 m	1.1 b
Common Stock	13 m	13 m	13 m	13 m	13 m	13 m	25 m	25 m	25 m
Additional Paid-in Capital	97 m	99 m	99 m	111 m	115 m	114 m	74 m	74 m	74 m
Retained Earnings	2.9 b	3.1 b	3.2 b	3.3 b	3.5 b	3.6 b	4.1 b	4.3 b	4.3 b
Total Equity	2.1 b	2.1 b	2 b	1.7 b	1.4 b	1.4 b	1.3 b	1.3 b	1.2 b
Financial Leverage	2 x	2 x	2 x	2.5 x	3.1 x	3.1 x	3.6 x	3.7 x	3.9 x

Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	659 m	684 m	1.1 b	669 m
Depreciation and Amortization		51 m	56 m	58 m
Accounts Receivable	(34 m)	(50 m)	8 m	6 m
Inventories	(67 m)	(100 m)	(130 m)	(86 m)
Accounts Payable	31 m	64 m	29 m	(17 m)
Cash From Operating Activities	649 m	608 m	524 m	639 m
Short-term Borrowings	5 m	183 m	80 m	(122 m)
Long-term Borrowings	(2 m)		(250 m)
Dividends Paid	(233 m)	(256 m)	(266 m)	(274 m)
Interest Paid	28 m	27 m	41 m	48 m
Income Taxes Paid	281 m	375 m	430 m	266 m

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Net Income	150 m	208 m	186 m	156 m	200 m	190 m	144 m	197 m	182 m
Accounts Payable				438 m	549 m	498 m	463 m	554 m	478 m
Income Taxes Paid	64 m	88 m	80 m

Ratios

Brown-Forman Corporation Market Value History

Brown-Forman Corporation Median Salaries

Source: 20 public H-1B filings from Brown-Forman Corporation

Market Position of Brown-Forman Corporation

Competitors

Constellation Brands

Retail - Public

Manufacturing & Industrial - Public

Manufacturing & Industrial - Private

Fetzer Vineyards

Manufacturing & Industrial - Subsidiary

Compare competitors

Traffic Overview of Brown-Forman Corporation

Brown-Forman Corporation Online and Social Media Presence

Brown-Forman Corporation Company Life and Culture

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