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Side-by-side financial comparison of Brown–Forman (BF.B) and British American Tobacco p.l.c. (BTI). Click either name above to swap in a different company.

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.

British American Tobacco p.l.c. (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products including electronic cigarettes. The company, established in 1902, is headquartered in London, England. As of 2025, it is the second-largest tobacco company in the world based on net sales.

8-Quarter Revenue & Profit Trend

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

Revenue
BF.B
BF.B
BTI
BTI
Q4 25
$1.0B
Q3 25
$924.0M
Q2 25
$894.0M
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$951.0M
Q2 24
$964.0M
Q1 24
$1.1B
Net Profit
BF.B
BF.B
BTI
BTI
Q4 25
$224.0M
Q3 25
$170.0M
Q2 25
$146.0M
Q1 25
$270.0M
Q4 24
$258.0M
Q3 24
$195.0M
Q2 24
$266.0M
Q1 24
$285.0M
Gross Margin
BF.B
BF.B
BTI
BTI
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
BF.B
BF.B
BTI
BTI
Q4 25
29.4%
Q3 25
28.1%
Q2 25
22.9%
Q1 25
27.1%
Q4 24
31.1%
Q3 24
29.5%
Q2 24
38.9%
Q1 24
34.9%
Net Margin
BF.B
BF.B
BTI
BTI
Q4 25
21.6%
Q3 25
18.4%
Q2 25
16.3%
Q1 25
26.1%
Q4 24
23.6%
Q3 24
20.5%
Q2 24
27.6%
Q1 24
26.7%
EPS (diluted)
BF.B
BF.B
BTI
BTI
Q4 25
$0.47
Q3 25
$0.36
Q2 25
$0.31
Q1 25
$0.57
Q4 24
$0.55
Q3 24
$0.41
Q2 24
$0.56
Q1 24
$0.60

Financial Flow Comparison

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

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