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

BRUNSWICK CORP is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.3× Brown–Forman). Brown–Forman runs the higher net margin — 21.6% vs 1.4%, a 20.2% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (15.5% vs -5.4%). Brown–Forman produced more free cash flow last quarter ($107.0M vs $83.6M). Over the past eight quarters, BRUNSWICK CORP's revenue compounded faster (-1.1% CAGR vs -1.6%).

Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.

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.

BC vs BF.B — Head-to-Head

Bigger by revenue
BC
BC
1.3× larger
BC
$1.3B
$1.0B
BF.B
Growing faster (revenue YoY)
BC
BC
+20.9% gap
BC
15.5%
-5.4%
BF.B
Higher net margin
BF.B
BF.B
20.2% more per $
BF.B
21.6%
1.4%
BC
More free cash flow
BF.B
BF.B
$23.4M more FCF
BF.B
$107.0M
$83.6M
BC
Faster 2-yr revenue CAGR
BC
BC
Annualised
BC
-1.1%
-1.6%
BF.B

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BC
BC
BF.B
BF.B
Revenue
$1.3B
$1.0B
Net Profit
$18.7M
$224.0M
Gross Margin
23.1%
59.4%
Operating Margin
3.1%
29.4%
Net Margin
1.4%
21.6%
Revenue YoY
15.5%
-5.4%
Net Profit YoY
122.7%
-13.2%
EPS (diluted)
$0.32
$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
BC
BC
BF.B
BF.B
Q4 25
$1.3B
$1.0B
Q3 25
$1.4B
$924.0M
Q2 25
$1.4B
$894.0M
Q1 25
$1.2B
$1.0B
Q4 24
$1.2B
$1.1B
Q3 24
$1.3B
$951.0M
Q2 24
$1.4B
$964.0M
Q1 24
$1.4B
$1.1B
Net Profit
BC
BC
BF.B
BF.B
Q4 25
$18.7M
$224.0M
Q3 25
$-235.5M
$170.0M
Q2 25
$59.3M
$146.0M
Q1 25
$20.2M
$270.0M
Q4 24
$-82.5M
$258.0M
Q3 24
$44.6M
$195.0M
Q2 24
$100.0M
$266.0M
Q1 24
$68.0M
$285.0M
Gross Margin
BC
BC
BF.B
BF.B
Q4 25
23.1%
59.4%
Q3 25
25.8%
59.7%
Q2 25
25.5%
57.4%
Q1 25
24.9%
59.8%
Q4 24
21.9%
59.0%
Q3 24
26.2%
59.4%
Q2 24
27.1%
59.0%
Q1 24
27.4%
59.4%
Operating Margin
BC
BC
BF.B
BF.B
Q4 25
3.1%
29.4%
Q3 25
-17.8%
28.1%
Q2 25
7.1%
22.9%
Q1 25
4.6%
27.1%
Q4 24
-4.8%
31.1%
Q3 24
7.7%
29.5%
Q2 24
11.0%
38.9%
Q1 24
8.1%
34.9%
Net Margin
BC
BC
BF.B
BF.B
Q4 25
1.4%
21.6%
Q3 25
-17.3%
18.4%
Q2 25
4.1%
16.3%
Q1 25
1.7%
26.1%
Q4 24
-7.1%
23.6%
Q3 24
3.5%
20.5%
Q2 24
6.9%
27.6%
Q1 24
5.0%
26.7%
EPS (diluted)
BC
BC
BF.B
BF.B
Q4 25
$0.32
$0.47
Q3 25
$-3.59
$0.36
Q2 25
$0.89
$0.31
Q1 25
$0.30
$0.57
Q4 24
$-1.21
$0.55
Q3 24
$0.67
$0.41
Q2 24
$1.48
$0.56
Q1 24
$0.99
$0.60

Balance Sheet & Financial Strength

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

Metric
BC
BC
BF.B
BF.B
Cash + ST InvestmentsLiquidity on hand
$256.8M
$319.0M
Total DebtLower is stronger
$2.1B
$2.4B
Stockholders' EquityBook value
$1.6B
$4.1B
Total Assets
$5.3B
$8.2B
Debt / EquityLower = less leverage
1.30×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BC
BC
BF.B
BF.B
Q4 25
$256.8M
$319.0M
Q3 25
$297.7M
$471.0M
Q2 25
$315.7M
$444.0M
Q1 25
$286.7M
$599.0M
Q4 24
$269.0M
$416.0M
Q3 24
$284.1M
$416.0M
Q2 24
$494.5M
$446.0M
Q1 24
$548.4M
$589.0M
Total Debt
BC
BC
BF.B
BF.B
Q4 25
$2.1B
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.7B
Q4 24
$2.4B
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
BC
BC
BF.B
BF.B
Q4 25
$1.6B
$4.1B
Q3 25
$1.6B
$4.0B
Q2 25
$1.9B
$4.0B
Q1 25
$1.9B
$3.8B
Q4 24
$1.9B
$3.7B
Q3 24
$2.0B
$3.5B
Q2 24
$2.0B
$3.5B
Q1 24
$2.0B
$3.2B
Total Assets
BC
BC
BF.B
BF.B
Q4 25
$5.3B
$8.2B
Q3 25
$5.4B
$8.2B
Q2 25
$5.8B
$8.1B
Q1 25
$5.9B
$8.1B
Q4 24
$5.7B
$8.3B
Q3 24
$6.0B
$8.2B
Q2 24
$6.4B
$8.2B
Q1 24
$6.5B
$8.2B
Debt / Equity
BC
BC
BF.B
BF.B
Q4 25
1.30×
0.59×
Q3 25
0.61×
Q2 25
0.61×
Q1 25
0.70×
Q4 24
1.25×
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
BC
BC
BF.B
BF.B
Operating Cash FlowLast quarter
$132.9M
$132.0M
Free Cash FlowOCF − Capex
$83.6M
$107.0M
FCF MarginFCF / Revenue
6.3%
10.3%
Capex IntensityCapex / Revenue
3.7%
2.4%
Cash ConversionOCF / Net Profit
7.11×
0.59×
TTM Free Cash FlowTrailing 4 quarters
$396.3M
$610.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BC
BC
BF.B
BF.B
Q4 25
$132.9M
$132.0M
Q3 25
$140.4M
$160.0M
Q2 25
$316.2M
$152.0M
Q1 25
$-27.4M
$317.0M
Q4 24
$306.4M
$112.0M
Q3 24
$67.4M
$17.0M
Q2 24
$211.0M
$285.0M
Q1 24
$-153.4M
$265.0M
Free Cash Flow
BC
BC
BF.B
BF.B
Q4 25
$83.6M
$107.0M
Q3 25
$106.5M
$129.0M
Q2 25
$271.3M
$102.0M
Q1 25
$-65.1M
$272.0M
Q4 24
$276.1M
$81.0M
Q3 24
$31.4M
$-24.0M
Q2 24
$163.9M
$205.0M
Q1 24
$-207.4M
$196.0M
FCF Margin
BC
BC
BF.B
BF.B
Q4 25
6.3%
10.3%
Q3 25
7.8%
14.0%
Q2 25
18.7%
11.4%
Q1 25
-5.3%
26.3%
Q4 24
23.9%
7.4%
Q3 24
2.5%
-2.5%
Q2 24
11.4%
21.3%
Q1 24
-15.2%
18.3%
Capex Intensity
BC
BC
BF.B
BF.B
Q4 25
3.7%
2.4%
Q3 25
2.5%
3.4%
Q2 25
3.1%
5.6%
Q1 25
3.1%
4.3%
Q4 24
2.6%
2.8%
Q3 24
2.8%
4.3%
Q2 24
3.3%
8.3%
Q1 24
4.0%
6.5%
Cash Conversion
BC
BC
BF.B
BF.B
Q4 25
7.11×
0.59×
Q3 25
0.94×
Q2 25
5.33×
1.04×
Q1 25
-1.36×
1.17×
Q4 24
0.43×
Q3 24
1.51×
0.09×
Q2 24
2.11×
1.07×
Q1 24
-2.26×
0.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BC
BC

Engine Partsand Accessories$532.4M40%
Navico Group$452.9M34%
Recreational Fiberglass Boats$111.6M8%
Saltwater Fishing Boats$85.7M6%
Controls Riggingand Propellers$78.3M6%
Business Acceleration$48.1M4%
Sterndrive Engine$32.6M2%

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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