ValueQ4, 24Q1, 25Q2, 25Q3, 25TTMSelling/general/admin expenses193 M177 M187 M184 M741 MResearch & development—————Operating income205 M260 M305 M340 M1.11 BNon-Operating Income, Total5 M-15 M01 M-9 MInterest expense, net of interest capitalized27 M25 M26 M26 M104 MNon-Operating Income, excl. Interest Expenses-22 M-40 M-26 M-25 M-113 MUnusual income/expense—————Pretax income183 M220 M279 M315 M997 MEquity in earnings—003 M—Taxes37 M50 M55 M48 M190 MNon-controlling/minority interest—————After tax other income/expense14 M-3 M-1 M7 M17 MNet income before discontinued operations146 M170 M224 M267 M807 MDiscontinued operations—————Net income146 M170 M224 M267 M807 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders146 M170 M224 M267 M807 MBasic earnings per share (Basic EPS)0.310.360.470.581.72Diluted earnings per share (Diluted EPS)0.310.360.470.581.72Average basic shares outstanding472.65 M472.72 M471.87 M462.46 M1.88 BDiluted shares outstanding472.95 M472.96 M472.61 M462.86 M1.88 BEBITDA—————EBIT358 M398 M463 M493 M1.71 BCost of revenue381 M372 M421 M416 M1.59 BOther cost of goods sold227 M267 M300 M340 M1.13 BDepreciation & amortization (cash flow)—————
Brown Forman Inc Class B
Brown-Forman Corporation is an American family-controlled publicly traded company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several well-known brands throughout the world, including Jack Daniel's, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Herradura, Korbel, and Chambord. Brown-Forman also owned Southern Comfort and Tuaca before selling them off in 2016.
As of fiscal 2024, Brown-Forman had gross sales of $5.32 billion and net sales of $4.178 billion. The roughly 40 members of the Brown family, cousins who are descendants of founder George Garvin Brown, control more than 70% of the voting shares and in 2016 had a net worth of $12.3 billion.