BF-ABrown-Forman Corporation

$28.70

Is it safe?

Can BF-A take a bad year?

Brown-Forman Corporation carries $2.19B of net debt at 2.01× EBITDA: a load its earnings can carry.

$2.19B

Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.01×

Net debt / EBITDA · 1.92× a year ago · the load is going up

Altman Z-score
4.22

Altman Z-score · safe zone, above 3

Interest cover
9.72×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ4 2026
$2.50B
Cash and short-term investments
$308M
Net debt
$2.19B
EBITDA, trailing twelve months
$1.09B
Operating profit, trailing twelve months
$1.00B
Debt / equity
0.62×
Total debt / EBITDA
2.29×
Annualised volatilitytwo years of daily moves
37%
Worst drawdown on file
−68%
Below its 52-week high
−5.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.