BF-B Q4 2023 Earnings — Brown-Forman Corporation Revenue & Financial Results | Market Cap Arena

BF-BBrown-Forman Corporation

$12B

Q4 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$1.0B+5.0% YoY

Gross Profit

$635M60.7% margin

Operating Income

$298M28.5% margin

Net Income

$207M19.8% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$230M

Free Cash Flow

$164M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$4.5B

Stockholders' Equity

$3.3B

Cash & Equivalents

$374M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$996M	+5.0%
Gross Profit	$635M	$626M	+1.4%
Operating Income	$298M	$246M	+21.1%
Net Income	$207M	$151M	+37.1%

Revenue Segments

Whiskey

$700M67%

Ready-to-Drink

$140M13%

Tequila

$83M8%

Wine

$42M4%

Rest of portfolio

$29M3%

Non-branded and bulk

$27M3%

Vodka

$25M2%