
Brown-Forman Corp
NYSE:BF.B

Income Statement
Earnings Waterfall
Brown-Forman Corp
Revenue
|
4B
USD
|
Cost of Revenue
|
-1.6B
USD
|
Gross Profit
|
2.4B
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
1.2B
USD
|
Other Expenses
|
-161m
USD
|
Net Income
|
989m
USD
|
Income Statement
Brown-Forman Corp
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 084
N/A
|
3 134
+2%
|
3 128
0%
|
3 105
-1%
|
3 101
0%
|
3 089
0%
|
3 053
-1%
|
3 029
-1%
|
3 028
0%
|
2 994
-1%
|
3 056
+2%
|
3 140
+3%
|
3 210
+2%
|
3 248
+1%
|
3 291
+1%
|
3 287
0%
|
3 313
+1%
|
3 324
+0%
|
3 324
N/A
|
3 403
+2%
|
3 398
0%
|
3 363
-1%
|
3 350
0%
|
3 346
0%
|
3 358
+0%
|
3 461
+3%
|
3 614
+4%
|
3 623
+0%
|
3 749
+3%
|
3 933
+5%
|
4 034
+3%
|
4 134
+2%
|
4 178
+1%
|
4 228
+1%
|
4 259
+1%
|
4 272
+0%
|
4 260
0%
|
4 178
-2%
|
4 091
-2%
|
4 079
0%
|
4 045
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(934)
|
(951)
|
(949)
|
(949)
|
(943)
|
(945)
|
(946)
|
(956)
|
(974)
|
(973)
|
(995)
|
(1 021)
|
(1 040)
|
(1 046)
|
(1 059)
|
(1 075)
|
(1 117)
|
(1 158)
|
(1 183)
|
(1 233)
|
(1 242)
|
(1 236)
|
(1 256)
|
(1 290)
|
(1 309)
|
(1 367)
|
(1 432)
|
(1 432)
|
(1 486)
|
(1 542)
|
(1 574)
|
(1 651)
|
(1 693)
|
(1 734)
|
(1 736)
|
(1 691)
|
(1 668)
|
(1 652)
|
(1 651)
|
(1 664)
|
(1 646)
|
|
Gross Profit |
2 150
N/A
|
2 183
+2%
|
2 179
0%
|
2 156
-1%
|
2 158
+0%
|
2 144
-1%
|
2 107
-2%
|
2 073
-2%
|
2 054
-1%
|
2 021
-2%
|
2 061
+2%
|
2 119
+3%
|
2 170
+2%
|
2 202
+1%
|
2 232
+1%
|
2 212
-1%
|
2 196
-1%
|
2 166
-1%
|
2 141
-1%
|
2 170
+1%
|
2 156
-1%
|
2 127
-1%
|
2 094
-2%
|
2 056
-2%
|
2 049
0%
|
2 094
+2%
|
2 182
+4%
|
2 191
+0%
|
2 263
+3%
|
2 391
+6%
|
2 460
+3%
|
2 483
+1%
|
2 485
+0%
|
2 494
+0%
|
2 523
+1%
|
2 581
+2%
|
2 592
+0%
|
2 526
-3%
|
2 440
-3%
|
2 415
-1%
|
2 399
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 156)
|
(1 152)
|
(1 147)
|
(1 109)
|
(1 118)
|
(1 101)
|
(602)
|
(582)
|
(571)
|
(1 016)
|
(1 030)
|
(1 023)
|
(1 041)
|
(1 145)
|
(1 146)
|
(1 143)
|
(1 102)
|
(1 016)
|
(1 002)
|
(1 016)
|
(1 028)
|
(1 009)
|
(955)
|
(962)
|
(978)
|
(1 055)
|
(1 114)
|
(1 131)
|
(1 137)
|
(1 187)
|
(1 202)
|
(1 234)
|
(1 305)
|
(1 271)
|
(1 412)
|
(1 444)
|
(1 345)
|
(1 372)
|
(1 320)
|
(1 293)
|
(1 249)
|
|
Selling, General & Administrative |
(1 160)
|
(1 134)
|
(1 129)
|
(1 113)
|
(1 112)
|
(1 105)
|
(1 086)
|
(1 070)
|
(1 060)
|
(1 029)
|
(1 034)
|
(1 035)
|
(1 058)
|
(1 170)
|
(1 183)
|
(1 175)
|
(1 140)
|
(1 037)
|
(1 027)
|
(1 034)
|
(1 039)
|
(1 025)
|
(979)
|
(959)
|
(980)
|
(1 070)
|
(1 118)
|
(1 137)
|
(1 138)
|
(1 128)
|
(1 155)
|
(1 187)
|
(1 235)
|
(1 248)
|
(1 294)
|
(1 325)
|
(1 344)
|
(1 355)
|
(1 338)
|
(1 319)
|
(1 276)
|
|
Other Operating Expenses |
4
|
(18)
|
(18)
|
4
|
(6)
|
4
|
484
|
488
|
489
|
13
|
4
|
12
|
17
|
25
|
37
|
32
|
38
|
21
|
25
|
18
|
11
|
16
|
24
|
(3)
|
2
|
15
|
4
|
6
|
1
|
(59)
|
(47)
|
(47)
|
(70)
|
(23)
|
(118)
|
(119)
|
(1)
|
(17)
|
18
|
26
|
27
|
|
Operating Income |
994
N/A
|
1 031
+4%
|
1 032
+0%
|
1 047
+1%
|
1 040
-1%
|
1 043
+0%
|
1 505
+44%
|
1 491
-1%
|
1 483
-1%
|
1 005
-32%
|
1 031
+3%
|
1 096
+6%
|
1 129
+3%
|
1 057
-6%
|
1 086
+3%
|
1 069
-2%
|
1 094
+2%
|
1 150
+5%
|
1 139
-1%
|
1 154
+1%
|
1 128
-2%
|
1 118
-1%
|
1 139
+2%
|
1 094
-4%
|
1 071
-2%
|
1 039
-3%
|
1 068
+3%
|
1 060
-1%
|
1 126
+6%
|
1 204
+7%
|
1 258
+4%
|
1 249
-1%
|
1 180
-6%
|
1 223
+4%
|
1 111
-9%
|
1 137
+2%
|
1 247
+10%
|
1 154
-7%
|
1 120
-3%
|
1 122
+0%
|
1 150
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(37)
|
(29)
|
(26)
|
(46)
|
(39)
|
(39)
|
(33)
|
(33)
|
(33)
|
(51)
|
(50)
|
(57)
|
(59)
|
(71)
|
(82)
|
(87)
|
(102)
|
(86)
|
(90)
|
(85)
|
(73)
|
(91)
|
(101)
|
(77)
|
(79)
|
(79)
|
(79)
|
(79)
|
(77)
|
(77)
|
(74)
|
(70)
|
(73)
|
(81)
|
(91)
|
(105)
|
(113)
|
(113)
|
(114)
|
(112)
|
(27)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
485
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
114
|
114
|
114
|
127
|
0
|
0
|
0
|
0
|
0
|
0
|
(105)
|
(96)
|
0
|
0
|
90
|
260
|
248
|
248
|
127
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(21)
|
(24)
|
(24)
|
(9)
|
(14)
|
(13)
|
(28)
|
(22)
|
(21)
|
(20)
|
(6)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(13)
|
(13)
|
(11)
|
(38)
|
(29)
|
(30)
|
(30)
|
(4)
|
(3)
|
(2)
|
(3)
|
(5)
|
|
Pre-Tax Income |
957
N/A
|
1 002
+5%
|
1 006
+0%
|
1 001
0%
|
1 001
N/A
|
1 489
+49%
|
1 472
-1%
|
1 458
-1%
|
1 450
-1%
|
933
-36%
|
960
+3%
|
1 015
+6%
|
1 046
+3%
|
977
-7%
|
990
+1%
|
969
-2%
|
964
-1%
|
1 042
+8%
|
1 028
-1%
|
1 049
+2%
|
1 049
N/A
|
1 009
-4%
|
1 147
+14%
|
1 125
-2%
|
1 100
-2%
|
1 081
-2%
|
984
-9%
|
976
-1%
|
1 045
+7%
|
1 114
+7%
|
1 171
+5%
|
1 168
0%
|
964
-17%
|
1 017
+5%
|
990
-3%
|
1 002
+1%
|
1 220
+22%
|
1 298
+6%
|
1 252
-4%
|
1 255
+0%
|
1 245
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(281)
|
(318)
|
(316)
|
(318)
|
(314)
|
(422)
|
(416)
|
(405)
|
(405)
|
(264)
|
(258)
|
(271)
|
(271)
|
(217)
|
(261)
|
(261)
|
(272)
|
(326)
|
(293)
|
(250)
|
(216)
|
(182)
|
(182)
|
(202)
|
(189)
|
(178)
|
(213)
|
(209)
|
(238)
|
(276)
|
(276)
|
(282)
|
(237)
|
(234)
|
(225)
|
(222)
|
(255)
|
(274)
|
(264)
|
(251)
|
(256)
|
|
Income from Continuing Operations |
676
|
684
|
690
|
683
|
687
|
1 067
|
1 056
|
1 053
|
1 045
|
669
|
702
|
744
|
775
|
760
|
729
|
708
|
692
|
716
|
735
|
799
|
833
|
827
|
965
|
923
|
911
|
903
|
771
|
767
|
807
|
838
|
895
|
886
|
727
|
783
|
765
|
780
|
965
|
1 024
|
988
|
1 004
|
989
|
|
Net Income (Common) |
676
N/A
|
684
+1%
|
690
+1%
|
683
-1%
|
687
+1%
|
1 067
+55%
|
1 056
-1%
|
1 053
0%
|
1 045
-1%
|
669
-36%
|
702
+5%
|
744
+6%
|
752
+1%
|
717
-5%
|
739
+3%
|
749
+1%
|
786
+5%
|
835
+6%
|
821
-2%
|
854
+4%
|
858
+0%
|
827
-4%
|
965
+17%
|
923
-4%
|
911
-1%
|
903
-1%
|
771
-15%
|
767
-1%
|
807
+5%
|
838
+4%
|
895
+7%
|
886
-1%
|
727
-18%
|
783
+8%
|
765
-2%
|
780
+2%
|
965
+24%
|
1 024
+6%
|
988
-4%
|
1 004
+2%
|
989
-1%
|
|
EPS (Diluted) |
1.27
N/A
|
1.28
+1%
|
1.31
+2%
|
1.31
N/A
|
1.34
+2%
|
2.09
+56%
|
2.13
+2%
|
2.14
+0%
|
2.15
+0%
|
1.37
-36%
|
1.45
+6%
|
1.54
+6%
|
1.55
+1%
|
1.48
-5%
|
1.53
+3%
|
1.54
+1%
|
1.63
+6%
|
1.73
+6%
|
1.71
-1%
|
1.77
+4%
|
1.78
+1%
|
1.72
-3%
|
2.01
+17%
|
1.92
-4%
|
1.9
-1%
|
1.88
-1%
|
1.61
-14%
|
1.6
-1%
|
1.68
+5%
|
1.74
+4%
|
1.86
+7%
|
1.84
-1%
|
1.51
-18%
|
1.63
+8%
|
1.59
-2%
|
1.62
+2%
|
2.01
+24%
|
2.15
+7%
|
2.08
-3%
|
2.12
+2%
|
2.09
-1%
|