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Side-by-side financial comparison of AVISTA CORP (AVA) and Brown–Forman (BF.B). Click either name above to swap in a different company.

Brown–Forman is the larger business by last-quarter revenue ($1.0B vs $533.0M, roughly 1.9× AVISTA CORP). Brown–Forman runs the higher net margin — 21.6% vs 13.3%, a 8.3% gap on every dollar of revenue. On growth, AVISTA CORP posted the faster year-over-year revenue change (0.0% vs -5.4%). Brown–Forman produced more free cash flow last quarter ($107.0M vs $-116.0M). Over the past eight quarters, Brown–Forman's revenue compounded faster (-1.6% CAGR vs -6.5%).

Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a popul...

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 very well known brands throughout the world, including Jack Daniel's, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Herradura, Korbel, and Chambord. Brown-Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.

AVA vs BF.B — Head-to-Head

Bigger by revenue
BF.B
BF.B
1.9× larger
BF.B
$1.0B
$533.0M
AVA
Growing faster (revenue YoY)
AVA
AVA
+5.4% gap
AVA
0.0%
-5.4%
BF.B
Higher net margin
BF.B
BF.B
8.3% more per $
BF.B
21.6%
13.3%
AVA
More free cash flow
BF.B
BF.B
$223.0M more FCF
BF.B
$107.0M
$-116.0M
AVA
Faster 2-yr revenue CAGR
BF.B
BF.B
Annualised
BF.B
-1.6%
-6.5%
AVA

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AVA
AVA
BF.B
BF.B
Revenue
$533.0M
$1.0B
Net Profit
$71.0M
$224.0M
Gross Margin
59.4%
Operating Margin
21.0%
29.4%
Net Margin
13.3%
21.6%
Revenue YoY
0.0%
-5.4%
Net Profit YoY
5.7%
-13.2%
EPS (diluted)
$0.87
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVA
AVA
BF.B
BF.B
Q4 25
$533.0M
$1.0B
Q3 25
$403.0M
$924.0M
Q2 25
$411.0M
$894.0M
Q1 25
$617.0M
$1.0B
Q4 24
$532.8M
$1.1B
Q3 24
$393.7M
$951.0M
Q2 24
$402.1M
$964.0M
Q1 24
$609.4M
$1.1B
Net Profit
AVA
AVA
BF.B
BF.B
Q4 25
$71.0M
$224.0M
Q3 25
$29.0M
$170.0M
Q2 25
$14.0M
$146.0M
Q1 25
$79.0M
$270.0M
Q4 24
$67.2M
$258.0M
Q3 24
$18.5M
$195.0M
Q2 24
$22.9M
$266.0M
Q1 24
$71.5M
$285.0M
Gross Margin
AVA
AVA
BF.B
BF.B
Q4 25
59.4%
Q3 25
59.7%
Q2 25
57.4%
Q1 25
59.8%
Q4 24
59.0%
Q3 24
59.4%
Q2 24
59.0%
Q1 24
59.4%
Operating Margin
AVA
AVA
BF.B
BF.B
Q4 25
21.0%
29.4%
Q3 25
14.9%
28.1%
Q2 25
13.9%
22.9%
Q1 25
20.3%
27.1%
Q4 24
19.1%
31.1%
Q3 24
12.4%
29.5%
Q2 24
13.5%
38.9%
Q1 24
16.6%
34.9%
Net Margin
AVA
AVA
BF.B
BF.B
Q4 25
13.3%
21.6%
Q3 25
7.2%
18.4%
Q2 25
3.4%
16.3%
Q1 25
12.8%
26.1%
Q4 24
12.6%
23.6%
Q3 24
4.7%
20.5%
Q2 24
5.7%
27.6%
Q1 24
11.7%
26.7%
EPS (diluted)
AVA
AVA
BF.B
BF.B
Q4 25
$0.87
$0.47
Q3 25
$0.36
$0.36
Q2 25
$0.17
$0.31
Q1 25
$0.98
$0.57
Q4 24
$0.86
$0.55
Q3 24
$0.23
$0.41
Q2 24
$0.29
$0.56
Q1 24
$0.91
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVA
AVA
BF.B
BF.B
Cash + ST InvestmentsLiquidity on hand
$19.0M
$319.0M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$2.7B
$4.1B
Total Assets
$8.4B
$8.2B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVA
AVA
BF.B
BF.B
Q4 25
$19.0M
$319.0M
Q3 25
$44.0M
$471.0M
Q2 25
$9.0M
$444.0M
Q1 25
$17.0M
$599.0M
Q4 24
$30.0M
$416.0M
Q3 24
$9.1M
$416.0M
Q2 24
$14.6M
$446.0M
Q1 24
$12.3M
$589.0M
Total Debt
AVA
AVA
BF.B
BF.B
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
AVA
AVA
BF.B
BF.B
Q4 25
$2.7B
$4.1B
Q3 25
$2.6B
$4.0B
Q2 25
$2.6B
$4.0B
Q1 25
$2.6B
$3.8B
Q4 24
$2.6B
$3.7B
Q3 24
$2.5B
$3.5B
Q2 24
$2.5B
$3.5B
Q1 24
$2.5B
$3.2B
Total Assets
AVA
AVA
BF.B
BF.B
Q4 25
$8.4B
$8.2B
Q3 25
$8.2B
$8.2B
Q2 25
$8.1B
$8.1B
Q1 25
$8.0B
$8.1B
Q4 24
$7.9B
$8.3B
Q3 24
$7.8B
$8.2B
Q2 24
$7.7B
$8.2B
Q1 24
$7.6B
$8.2B
Debt / Equity
AVA
AVA
BF.B
BF.B
Q4 25
0.59×
Q3 25
0.61×
Q2 25
0.61×
Q1 25
0.70×
Q4 24
0.73×
Q3 24
0.77×
Q2 24
0.76×
Q1 24
0.83×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVA
AVA
BF.B
BF.B
Operating Cash FlowLast quarter
$75.0M
$132.0M
Free Cash FlowOCF − Capex
$-116.0M
$107.0M
FCF MarginFCF / Revenue
-21.8%
10.3%
Capex IntensityCapex / Revenue
35.8%
2.4%
Cash ConversionOCF / Net Profit
1.06×
0.59×
TTM Free Cash FlowTrailing 4 quarters
$-101.0M
$610.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVA
AVA
BF.B
BF.B
Q4 25
$75.0M
$132.0M
Q3 25
$170.0M
$160.0M
Q2 25
$40.0M
$152.0M
Q1 25
$184.0M
$317.0M
Q4 24
$89.8M
$112.0M
Q3 24
$127.2M
$17.0M
Q2 24
$126.8M
$285.0M
Q1 24
$190.1M
$265.0M
Free Cash Flow
AVA
AVA
BF.B
BF.B
Q4 25
$-116.0M
$107.0M
Q3 25
$37.0M
$129.0M
Q2 25
$-103.0M
$102.0M
Q1 25
$81.0M
$272.0M
Q4 24
$-37.8M
$81.0M
Q3 24
$-27.0M
$-24.0M
Q2 24
$-5.7M
$205.0M
Q1 24
$71.4M
$196.0M
FCF Margin
AVA
AVA
BF.B
BF.B
Q4 25
-21.8%
10.3%
Q3 25
9.2%
14.0%
Q2 25
-25.1%
11.4%
Q1 25
13.1%
26.3%
Q4 24
-7.1%
7.4%
Q3 24
-6.9%
-2.5%
Q2 24
-1.4%
21.3%
Q1 24
11.7%
18.3%
Capex Intensity
AVA
AVA
BF.B
BF.B
Q4 25
35.8%
2.4%
Q3 25
33.0%
3.4%
Q2 25
34.8%
5.6%
Q1 25
16.7%
4.3%
Q4 24
23.9%
2.8%
Q3 24
39.2%
4.3%
Q2 24
33.0%
8.3%
Q1 24
19.5%
6.5%
Cash Conversion
AVA
AVA
BF.B
BF.B
Q4 25
1.06×
0.59×
Q3 25
5.86×
0.94×
Q2 25
2.86×
1.04×
Q1 25
2.33×
1.17×
Q4 24
1.34×
0.43×
Q3 24
6.88×
0.09×
Q2 24
5.55×
1.07×
Q1 24
2.66×
0.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVA
AVA

Segment breakdown not available.

BF.B
BF.B

Whiskey$771.0M74%
Ready To Drink$138.0M13%
Tequila$67.0M6%
Restofportfolio$52.0M5%
Nonbrandedandbulk$8.0M1%

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