Is it safe?
Can BF-B 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
- Interest cover
- 9.72×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 38%
Annualised volatility · roughly twice as jumpy as the market
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
- 38%
- Worst drawdown on file
- −69%
- Below its 52-week high
- −7.5%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.