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

AMDOCS LTD is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.2× Brown–Forman). Brown–Forman runs the higher net margin — 21.6% vs 11.2%, a 10.4% gap on every dollar of revenue. On growth, AMDOCS LTD posted the faster year-over-year revenue change (1.1% vs -5.4%). Over the past eight quarters, AMDOCS LTD's revenue compounded faster (4.5% CAGR vs -1.6%).

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.

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

BF.B vs DOX — Head-to-Head

Bigger by revenue
DOX
DOX
1.2× larger
DOX
$1.3B
$1.0B
BF.B
Growing faster (revenue YoY)
DOX
DOX
+6.5% gap
DOX
1.1%
-5.4%
BF.B
Higher net margin
BF.B
BF.B
10.4% more per $
BF.B
21.6%
11.2%
DOX
Faster 2-yr revenue CAGR
DOX
DOX
Annualised
DOX
4.5%
-1.6%
BF.B

Income Statement — Q2 FY2026 vs Q3 FY2024

Metric
BF.B
BF.B
DOX
DOX
Revenue
$1.0B
$1.3B
Net Profit
$224.0M
$140.3M
Gross Margin
59.4%
Operating Margin
29.4%
14.1%
Net Margin
21.6%
11.2%
Revenue YoY
-5.4%
1.1%
Net Profit YoY
-13.2%
-12.0%
EPS (diluted)
$0.47
$1.21

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
BF.B
BF.B
DOX
DOX
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
$1.3B
Q1 24
$1.1B
$1.2B
Net Profit
BF.B
BF.B
DOX
DOX
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
$140.3M
Q1 24
$285.0M
$118.5M
Gross Margin
BF.B
BF.B
DOX
DOX
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
DOX
DOX
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%
14.1%
Q1 24
34.9%
12.5%
Net Margin
BF.B
BF.B
DOX
DOX
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%
11.2%
Q1 24
26.7%
9.5%
EPS (diluted)
BF.B
BF.B
DOX
DOX
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
$1.21
Q1 24
$0.60
$1.01

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BF.B
BF.B
DOX
DOX
Q4 25
$319.0M
Q3 25
$471.0M
Q2 25
$444.0M
Q1 25
$599.0M
Q4 24
$416.0M
Q3 24
$416.0M
Q2 24
$446.0M
Q1 24
$589.0M
Total Debt
BF.B
BF.B
DOX
DOX
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
BF.B
BF.B
DOX
DOX
Q4 25
$4.1B
Q3 25
$4.0B
Q2 25
$4.0B
Q1 25
$3.8B
Q4 24
$3.7B
Q3 24
$3.5B
Q2 24
$3.5B
Q1 24
$3.2B
Total Assets
BF.B
BF.B
DOX
DOX
Q4 25
$8.2B
Q3 25
$8.2B
Q2 25
$8.1B
Q1 25
$8.1B
Q4 24
$8.3B
Q3 24
$8.2B
Q2 24
$8.2B
Q1 24
$8.2B
Debt / Equity
BF.B
BF.B
DOX
DOX
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
BF.B
BF.B
DOX
DOX
Operating Cash FlowLast quarter
$132.0M
Free Cash FlowOCF − Capex
$107.0M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.59×
TTM Free Cash FlowTrailing 4 quarters
$610.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BF.B
BF.B
DOX
DOX
Q4 25
$132.0M
Q3 25
$160.0M
Q2 25
$152.0M
Q1 25
$317.0M
Q4 24
$112.0M
Q3 24
$17.0M
Q2 24
$285.0M
Q1 24
$265.0M
Free Cash Flow
BF.B
BF.B
DOX
DOX
Q4 25
$107.0M
Q3 25
$129.0M
Q2 25
$102.0M
Q1 25
$272.0M
Q4 24
$81.0M
Q3 24
$-24.0M
Q2 24
$205.0M
Q1 24
$196.0M
FCF Margin
BF.B
BF.B
DOX
DOX
Q4 25
10.3%
Q3 25
14.0%
Q2 25
11.4%
Q1 25
26.3%
Q4 24
7.4%
Q3 24
-2.5%
Q2 24
21.3%
Q1 24
18.3%
Capex Intensity
BF.B
BF.B
DOX
DOX
Q4 25
2.4%
Q3 25
3.4%
Q2 25
5.6%
Q1 25
4.3%
Q4 24
2.8%
Q3 24
4.3%
Q2 24
8.3%
Q1 24
6.5%
Cash Conversion
BF.B
BF.B
DOX
DOX
Q4 25
0.59×
Q3 25
0.94×
Q2 25
1.04×
Q1 25
1.17×
Q4 24
0.43×
Q3 24
0.09×
Q2 24
1.07×
Q1 24
0.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BF.B
BF.B

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

DOX
DOX

Segment breakdown not available.

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