Brown-Forman Corporation (BF-B) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 3.99B | 4.23B | 4.21B | 4.18B | 4.2B | 4.28B | 4.2B | 4.08B | 4.04B | 4.42B | 4.27B | 4.19B | 3.8B | 3.84B | 4.26B | 3.92B | 3.78B | 3.65B | 4.03B | 3.99B |
| Cash & Short-Term Investments | 308M | 402M | 319M | 471M | 444M | 599M | 416M | 416M | 446M | 589M | 373M | 426M | 374M | 428M | 1.09B | 899M | 868M | 812M | 1.07B | 1.17B |
| Cash Only | 308M | 402M | 319M | 471M | 444M | 599M | 416M | 416M | 446M | 589M | 373M | 426M | 374M | 428M | 1.09B | 899M | 868M | 812M | 1.07B | 1.17B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 832M | 983M | 1.04B | 847M | 830M | 855M | 954M | 806M | 769M | 878M | 948M | 872M | 855M | 944M | 894M | 841M | 813M | 796M | 933M | 803M |
| Days Sales Outstanding | 88.56 | 88.21 | 83.87 | 83.49 | 83.87 | 80.4 | 73.94 | 76.18 | 76.88 | 78.57 | 75.63 | 76.53 | 76.53 | 78.21 | 72.95 | 75.56 | 71.89 | 76.7 | 80.34 | 79 |
| Inventory | 2.54B | 2.56B | 2.56B | 2.59B | 2.51B | 2.45B | 2.56B | 2.6B | 2.56B | 2.53B | 2.58B | 2.5B | 2.28B | 2.16B | 2B | 1.91B | 1.82B | 1.77B | 1.79B | 1.77B |
| Days Inventory Outstanding | 665.93 | 566.04 | 562.16 | 630.27 | 579.55 | 554.65 | 528.74 | 613.97 | 579.3 | 542.04 | 536.7 | 568.76 | 481.05 | 418.23 | 373.64 | 445.66 | 431.41 | 394.82 | 405.8 | 458.96 |
| Other Current Assets | 308M | 308M | 291M | 274M | 410M | 374M | 261M | 263M | 165M | 419M | 367M | 390M | 167M | 311M | 282M | 271M | 122M | 276M | 233M | 246M |
| Total Non-Current Assets | 3.9B | 4.07B | 4.01B | 3.99B | 3.89B | 3.79B | 4.14B | 4.12B | 4.13B | 3.82B | 3.84B | 3.9B | 3.98B | 3.91B | 2.59B | 2.6B | 2.6B | 2.57B | 2.58B | 2.59B |
| Property, Plant & Equipment | 1.12B | 1.11B | 1.1B | 1.09B | 1.09B | 1.04B | 1.06B | 1.05B | 1.07B | 1.01B | 1.06B | 1.05B | 1.03B | 955M | 890M | 880M | 875M | 818M | 813M | 816M |
| Fixed Asset Turnover | 0.82x | 0.95x | 0.94x | 0.84x | 0.84x | 0.99x | 1.04x | 0.89x | 0.92x | 1.03x | 1.05x | 1.00x | 1.05x | 1.17x | 1.24x | 1.15x | 1.18x | 1.27x | 1.22x | 1.10x |
| Goodwill | 1.52B | 1.54B | 1.51B | 1.51B | 1.5B | 1.44B | 1.47B | 1.46B | 1.46B | 1.46B | 1.46B | 1.49B | 1.46B | 1.46B | 748M | 756M | 761M | 771M | 776M | 778M |
| Intangible Assets | 943M | 1.09B | 1.07B | 1.07B | 981M | 973M | 1B | 997M | 990M | 1B | 989M | 1.01B | 1.16B | 1.15B | 571M | 578M | 586M | 652M | 663M | 670M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 3M | 3M | 272M | 270M | 270M | 1M | 4M | 0 | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 322M | 333M | 324M | 273M | 260M | 277M | 276M | 278M | 272M | 273M | 265M | 271M | 255M | 269M | 303M | 303M | 301M | 265M | 264M | 253M |
| Total Assets | 7.89B | 8.3B | 8.22B | 8.17B | 8.09B | 8.07B | 8.33B | 8.21B | 8.17B | 8.24B | 8.12B | 8.09B | 7.78B | 7.75B | 6.85B | 6.52B | 6.37B | 6.23B | 6.62B | 6.58B |
| Asset Turnover | 0.11x | 0.13x | 0.13x | 0.11x | 0.11x | 0.13x | 0.13x | 0.12x | 0.12x | 0.13x | 0.14x | 0.13x | 0.13x | 0.15x | 0.16x | 0.16x | 0.16x | 0.16x | 0.15x | 0.14x |
| Asset Growth % | -2.37% | 2.86% | -1.33% | -0.41% | -0.98% | -2.02% | 2.67% | 1.47% | 5% | 6.23% | 18.43% | 24% | 22.03% | 24.54% | 3.57% | -0.88% | -2.28% | -4.14% | 4.19% | 6.27% |
| Total Current Liabilities | 1.23B | 1.53B | 1.42B | 1.5B | 1.08B | 1.23B | 1.55B | 1.65B | 1.56B | 1.61B | 1.3B | 1.31B | 1.08B | 1.93B | 1.24B | 1.11B | 1.03B | 1.05B | 783M | 943M |
| Accounts Payable | 795M | 816M | 802M | 687M | 243M | 695M | 695M | 669M | 267M | 747M | 794M | 761M | 308M | 787M | 750M | 644M | 218M | 629M | 708M | 631M |
| Days Payables Outstanding | 210.23 | 178.91 | 162.69 | 115 | 109.56 | 153.7 | 139.74 | 111.54 | 115.52 | 163.33 | 164.06 | 127.06 | 118.56 | 154.71 | 133.31 | 102.99 | 101.87 | 148.2 | 152.46 | 104.64 |
| Short-Term Debt | 68M | 656M | 575M | 626M | 312M | 502M | 812M | 784M | 728M | 728M | 456M | 389M | 235M | 1B | 436M | 250M | 250M | 266M | 19M | 155M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 351M | 18M | 0 | 0 | 86M | 0 | 0 | 0 | 105M | 15M | 11M | 13M | 106M | 0 | 0 | 0 | 99M | 0 | 0 | 0 |
| Current Ratio | 3.24x | 2.77x | 2.97x | 2.79x | 3.88x | 3.49x | 2.70x | 2.47x | 2.59x | 2.74x | 3.29x | 3.20x | 3.51x | 1.99x | 3.43x | 3.53x | 3.65x | 3.48x | 5.15x | 4.23x |
| Quick Ratio | 1.18x | 1.09x | 1.17x | 1.06x | 1.56x | 1.49x | 1.05x | 0.90x | 0.95x | 1.17x | 1.30x | 1.29x | 1.40x | 0.87x | 1.82x | 1.81x | 1.89x | 1.80x | 2.86x | 2.36x |
| Cash Conversion Cycle | 544.26 | 475.34 | 483.34 | 598.76 | 553.87 | 481.35 | 462.94 | 578.61 | 540.67 | 457.28 | 448.27 | 518.23 | 439.03 | 341.73 | 313.28 | 418.23 | 401.43 | 323.32 | 333.68 | 433.32 |
| Total Non-Current Liabilities | 2.64B | 2.69B | 2.67B | 2.69B | 3.01B | 3.02B | 3.07B | 3.09B | 3.09B | 3.38B | 3.36B | 3.44B | 3.42B | 2.78B | 2.57B | 2.6B | 2.6B | 2.66B | 2.91B | 2.95B |
| Long-Term Debt | 2.08B | 2.09B | 2.07B | 2.08B | 2.42B | 2.36B | 2.39B | 2.38B | 2.37B | 2.68B | 2.65B | 2.69B | 2.68B | 2.02B | 1.97B | 2B | 2.02B | 2.06B | 2.33B | 2.35B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 207M | 223M | 224M | 242M | 241M | 266M | 290M | 302M | 315M | 289M | 299M | 324M | 323M | 341M | 234M | 236M | 219M | 190M | 164M | 191M |
| Other Non-Current Liabilities | 352M | 378M | 375M | 369M | 351M | 394M | 393M | 405M | 403M | 413M | 411M | 429M | 424M | 418M | 361M | 370M | 364M | 407M | 415M | 416M |
| Total Liabilities | 3.87B | 4.22B | 4.09B | 4.18B | 4.09B | 4.25B | 4.63B | 4.74B | 4.65B | 4.99B | 4.66B | 4.75B | 4.51B | 4.72B | 3.81B | 3.71B | 3.64B | 3.71B | 3.69B | 3.9B |
| Total Debt | 2.15B | 2.75B | 2.65B | 2.7B | 2.73B | 2.86B | 3.2B | 3.17B | 3.1B | 3.41B | 3.11B | 3.08B | 2.91B | 3.03B | 2.41B | 2.25B | 2.27B | 2.33B | 2.35B | 2.5B |
| Net Debt | 1.84B | 2.34B | 2.33B | 2.23B | 2.29B | 2.26B | 2.79B | 2.75B | 2.65B | 2.82B | 2.74B | 2.65B | 2.54B | 2.6B | 1.32B | 1.35B | 1.4B | 1.51B | 1.28B | 1.33B |
| Debt / Equity | 0.54x | 0.67x | 0.64x | 0.68x | 0.68x | 0.75x | 0.86x | 0.91x | 0.88x | 1.05x | 0.90x | 0.92x | 0.89x | 1.00x | 0.79x | 0.80x | 0.83x | 0.92x | 0.80x | 0.93x |
| Debt / EBITDA | 9.96x | 7.48x | 8.00x | 9.19x | 10.80x | 8.60x | 8.82x | 10.46x | 7.83x | 8.56x | 8.66x | 8.84x | 9.13x | 15.69x | 7.26x | 6.19x | 8.56x | 6.34x | 6.85x | 8.12x |
| Net Debt / EBITDA | 8.53x | 6.38x | 7.03x | 7.59x | 9.05x | 6.80x | 7.68x | 9.08x | 6.70x | 7.08x | 7.62x | 7.61x | 7.96x | 13.47x | 3.98x | 3.72x | 5.29x | 4.13x | 3.72x | 4.31x |
| Interest Coverage | 9.39x | 13.12x | 11.73x | 9.80x | 7.78x | 11.71x | 10.78x | 8.91x | 11.21x | 11.36x | 11.00x | 11.31x | 10.28x | 6.17x | 17.56x | 18.16x | 11.29x | 17.40x | 16.05x | 13.81x |
| Total Equity | 4.02B | 4.08B | 4.13B | 3.99B | 3.99B | 3.82B | 3.71B | 3.46B | 3.52B | 3.25B | 3.45B | 3.34B | 3.27B | 3.04B | 3.04B | 2.81B | 2.74B | 2.52B | 2.92B | 2.68B |
| Equity Growth % | 0.68% | 6.77% | 11.58% | 15.09% | 13.53% | 17.81% | 7.27% | 3.8% | 7.62% | 6.81% | 13.62% | 18.92% | 19.4% | 20.6% | 4% | 4.62% | 3.05% | 2.07% | 21.64% | 24.79% |
| Book Value per Share | 8.75 | 8.64 | 8.75 | 8.43 | 8.44 | 8.08 | 7.83 | 7.33 | 7.38 | 6.82 | 7.19 | 6.95 | 6.80 | 6.32 | 6.33 | 5.84 | 5.70 | 5.24 | 6.08 | 5.58 |
| Total Shareholders' Equity | 4.02B | 4.08B | 4.13B | 3.99B | 3.99B | 3.82B | 3.71B | 3.46B | 3.52B | 3.25B | 3.45B | 3.34B | 3.27B | 3.04B | 3.04B | 2.81B | 2.74B | 2.52B | 2.92B | 2.68B |
| Common Stock | 0 | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M | 72M |
| Retained Earnings | 0 | 5.05B | 4.89B | 4.67B | 4.71B | 4.67B | 4.51B | 4.25B | 4.26B | 4B | 3.92B | 3.67B | 3.64B | 3.44B | 3.53B | 3.31B | 3.24B | 3.09B | 3.49B | 3.25B |
| Treasury Stock | 0 | -1B | -700M | -600M | -605M | -605M | -605M | -605M | -608M | -613M | -252M | -210M | -213M | -219M | -220M | -221M | -225M | -229M | -231M | -232M |
| Accumulated OCI | 0 | -88M | -170M | -184M | -220M | -343M | -291M | -264M | -221M | -224M | -290M | -199M | -235M | -258M | -349M | -351M | -352M | -418M | -412M | -414M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |