Brown-Forman

Brown-Forman ROCE

The Return on Capital Employed (ROCE) of Brown-Forman (BF.B) as of Oct 31, 2026 is 29.80 %. In the previous year, Return on Capital Employed (ROCE) was 29.23 % — a change of 1.97% (higher).

ROCE

29.80 %

YoY

1.97%

Last updated:

In 2026, Brown-Forman's return on capital employed (ROCE) was 29.80 %, a 1.97% increase from the 29.23 % ROCE in the previous year.

The Brown-Forman ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
69.46 USD
Jan 1, 2020
55.24 USD
Jan 1, 2021
43.90 USD
Jan 1, 2022
43.99 USD
Jan 1, 2023
34.49 USD
Jan 1, 2024
35.83 USD
Jan 1, 2025
29.23 USD
Jan 1, 2026
29.80 USD
The Brown-Forman ROCE history
YEARROCEYoY
29.80 %+1.97%
29.23 %-18.42%
35.83 %+3.89%
34.49 %-21.60%
43.99 %+0.20%
43.90 %-20.53%
55.24 %-20.47%
69.46 %-12.02%
78.95 %+9.37%
72.19 %-26.44%
98.14 %+82.05%
53.91 %+12.82%
47.79 %—

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Brown-Forman Stock analysis

What does Brown-Forman do? Brown-Forman Corp. is an American company that has been operating in the production of alcoholic beverages for over 150 years. The company is based in Louisville, Kentucky, and is internationally known for its brands such as Jack Daniel's, Woodford Reserve, and Old Forester. The history of Brown-Forman Corp. dates back to 1870 when George Garvin Brown and his brother-in-law George Forman Brown founded the company. Initially, it was a small spirits store in Louisville specializing in whiskey trading. Over the years, the company has become one of the largest producers of alcoholic beverages worldwide. The business model of Brown-Forman Corp. is based on the production and marketing of premium spirits. The company places great importance on quality and careful manufacturing of its products. This means that Brown-Forman Corp. focuses on the selection of raw materials, distillation and aging, as well as perfect flavor profiles. Today, Brown-Forman Corp. is divided into four business segments: Jack Daniel's Tennessee Whiskey, Canadian Mist Canadian Whisky, Tequila Herradura, and other premium spirits. Within these business segments, the company operates numerous brands and product lines. Jack Daniel's Tennessee Whiskey is the most well-known brand of Brown-Forman Corp. and one of the most successful whiskey brands worldwide. It offers various variations, from the classic Jack Daniel's Old No. 7 to the Single Barrel Select, which is bottled from a single barrel. Canadian Mist Canadian Whisky is another brand of the company. Here, Canadian whisky is produced, which is known for its mild flavor. There are also various variations available, such as Canadian Mist Black Diamond. Tequila Herradura is the third major brand of Brown-Forman Corp. The focus here is on the production of tequila made exclusively from 100% blue Weber agave. Tequila Herradura also offers different variations, such as Reposado or Añejo. In addition to these three main brands, Brown-Forman Corp. also offers other premium spirits such as Woodford Reserve Bourbon, Old Forester Bourbon, or Chambord Liqueur. The company always places great importance on the highest quality and a perfect taste experience. Overall, Brown-Forman Corp. employs approximately 4,800 employees worldwide and is present in over 170 countries. The company is an important player in the spirits industry and remains open to innovations and new trends in the future. Japan is the largest market for spirits and beer in the Asia-Pacific region and the second largest market globally for consumption of spirits after China. Brown-Forman is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Brown-Forman's Return on Capital Employed (ROCE)

Brown-Forman's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Brown-Forman's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Brown-Forman's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Brown-Forman’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Brown-Forman stock

Return on Capital Employed (ROCE) of Brown-Forman is 29.80 % in 2026.

Return on Capital Employed (ROCE) of Brown-Forman changed from 29.23 % to 29.80 %, representing a 1.97% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Brown-Forman since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Brown-Forman with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Brown-Forman

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