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Side-by-side financial comparison of Brown–Forman (BF.B) and Anheuser-Busch InBev SA (BUD). 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.

Anheuser-Busch InBev SA/NV, known as AB InBev, is a Belgian multinational drink and brewing company based in Leuven, Belgium. It is the largest brewer in the world, and in 2023, was ranked 72nd in the Forbes Global 2000.

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
BUD
BUD
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
BUD
BUD
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
BUD
BUD
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
BUD
BUD
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
BUD
BUD
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
BUD
BUD
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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