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Side-by-side financial comparison of Brown–Forman (BF.B) and GREIF, INC (GEF). Click either name above to swap in a different company.

Brown–Forman is the larger business by last-quarter revenue ($1.0B vs $994.8M, roughly 1.0× GREIF, INC). Brown–Forman runs the higher net margin — 21.6% vs 17.6%, a 4.1% gap on every dollar of revenue. On growth, Brown–Forman posted the faster year-over-year revenue change (-5.4% vs -21.4%). Over the past eight quarters, Brown–Forman's revenue compounded faster (-1.6% CAGR vs -9.2%).

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.

Greif, Inc. is a global leader in industrial packaging products and services based in Delaware, Ohio. Originally a manufacturer of barrels, the company is now focused on producing steel, fiber and plastic drums, IBCs, jerrycans, plastic bottles, closures, containerboard, corrugated products and adhesives. In 2018, the company ranked 617 on the Fortune 1000.

BF.B vs GEF — Head-to-Head

Bigger by revenue
BF.B
BF.B
1.0× larger
BF.B
$1.0B
$994.8M
GEF
Growing faster (revenue YoY)
BF.B
BF.B
+16.0% gap
BF.B
-5.4%
-21.4%
GEF
Higher net margin
BF.B
BF.B
4.1% more per $
BF.B
21.6%
17.6%
GEF
Faster 2-yr revenue CAGR
BF.B
BF.B
Annualised
BF.B
-1.6%
-9.2%
GEF

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
BF.B
BF.B
GEF
GEF
Revenue
$1.0B
$994.8M
Net Profit
$224.0M
$174.6M
Gross Margin
59.4%
20.4%
Operating Margin
29.4%
25.8%
Net Margin
21.6%
17.6%
Revenue YoY
-5.4%
-21.4%
Net Profit YoY
-13.2%
1930.2%
EPS (diluted)
$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
BF.B
BF.B
GEF
GEF
Q4 25
$1.0B
$994.8M
Q3 25
$924.0M
$1.1B
Q2 25
$894.0M
$1.4B
Q1 25
$1.0B
$1.3B
Q4 24
$1.1B
$1.4B
Q3 24
$951.0M
$1.5B
Q2 24
$964.0M
$1.4B
Q1 24
$1.1B
$1.2B
Net Profit
BF.B
BF.B
GEF
GEF
Q4 25
$224.0M
$174.6M
Q3 25
$170.0M
$64.0M
Q2 25
$146.0M
$47.3M
Q1 25
$270.0M
$8.6M
Q4 24
$258.0M
$70.1M
Q3 24
$195.0M
$87.1M
Q2 24
$266.0M
$44.4M
Q1 24
$285.0M
$67.2M
Gross Margin
BF.B
BF.B
GEF
GEF
Q4 25
59.4%
20.4%
Q3 25
59.7%
22.7%
Q2 25
57.4%
23.1%
Q1 25
59.8%
19.4%
Q4 24
59.0%
20.4%
Q3 24
59.4%
20.0%
Q2 24
59.0%
19.7%
Q1 24
59.4%
18.4%
Operating Margin
BF.B
BF.B
GEF
GEF
Q4 25
29.4%
25.8%
Q3 25
28.1%
6.4%
Q2 25
22.9%
8.6%
Q1 25
27.1%
4.7%
Q4 24
31.1%
8.9%
Q3 24
29.5%
11.8%
Q2 24
38.9%
7.2%
Q1 24
34.9%
5.7%
Net Margin
BF.B
BF.B
GEF
GEF
Q4 25
21.6%
17.6%
Q3 25
18.4%
5.6%
Q2 25
16.3%
3.4%
Q1 25
26.1%
0.7%
Q4 24
23.6%
4.9%
Q3 24
20.5%
6.0%
Q2 24
27.6%
3.2%
Q1 24
26.7%
5.6%
EPS (diluted)
BF.B
BF.B
GEF
GEF
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

Balance Sheet & Financial Strength

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

Metric
BF.B
BF.B
GEF
GEF
Cash + ST InvestmentsLiquidity on hand
$319.0M
$243.5M
Total DebtLower is stronger
$2.4B
$655.1M
Stockholders' EquityBook value
$4.1B
$2.9B
Total Assets
$8.2B
$5.5B
Debt / EquityLower = less leverage
0.59×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BF.B
BF.B
GEF
GEF
Q4 25
$319.0M
$243.5M
Q3 25
$471.0M
$285.2M
Q2 25
$444.0M
$252.7M
Q1 25
$599.0M
$201.1M
Q4 24
$416.0M
$197.7M
Q3 24
$416.0M
$194.2M
Q2 24
$446.0M
$196.0M
Q1 24
$589.0M
$179.3M
Total Debt
BF.B
BF.B
GEF
GEF
Q4 25
$2.4B
$655.1M
Q3 25
$2.4B
$2.3B
Q2 25
$2.4B
$2.4B
Q1 25
$2.7B
$2.5B
Q4 24
$2.7B
$2.7B
Q3 24
$2.7B
$2.9B
Q2 24
$2.7B
$2.9B
Q1 24
$2.7B
$2.3B
Stockholders' Equity
BF.B
BF.B
GEF
GEF
Q4 25
$4.1B
$2.9B
Q3 25
$4.0B
$2.2B
Q2 25
$4.0B
$2.1B
Q1 25
$3.8B
$2.0B
Q4 24
$3.7B
$2.1B
Q3 24
$3.5B
$2.1B
Q2 24
$3.5B
$2.0B
Q1 24
$3.2B
$2.0B
Total Assets
BF.B
BF.B
GEF
GEF
Q4 25
$8.2B
$5.5B
Q3 25
$8.2B
$6.7B
Q2 25
$8.1B
$6.8B
Q1 25
$8.1B
$6.6B
Q4 24
$8.3B
$6.6B
Q3 24
$8.2B
$6.8B
Q2 24
$8.2B
$6.8B
Q1 24
$8.2B
$6.0B
Debt / Equity
BF.B
BF.B
GEF
GEF
Q4 25
0.59×
0.22×
Q3 25
0.61×
1.06×
Q2 25
0.61×
1.12×
Q1 25
0.70×
1.24×
Q4 24
0.73×
1.31×
Q3 24
0.77×
1.41×
Q2 24
0.76×
1.44×
Q1 24
0.83×
1.15×

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
GEF
GEF
Operating Cash FlowLast quarter
$132.0M
$-24.4M
Free Cash FlowOCF − Capex
$107.0M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.59×
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$610.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BF.B
BF.B
GEF
GEF
Q4 25
$132.0M
$-24.4M
Q3 25
$160.0M
$197.7M
Q2 25
$152.0M
$136.4M
Q1 25
$317.0M
$-30.8M
Q4 24
$112.0M
$187.2M
Q3 24
$17.0M
$76.8M
Q2 24
$285.0M
$87.5M
Q1 24
$265.0M
$4.5M
Free Cash Flow
BF.B
BF.B
GEF
GEF
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
GEF
GEF
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
GEF
GEF
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
GEF
GEF
Q4 25
0.59×
-0.14×
Q3 25
0.94×
3.09×
Q2 25
1.04×
2.88×
Q1 25
1.17×
-3.58×
Q4 24
0.43×
2.67×
Q3 24
0.09×
0.88×
Q2 24
1.07×
1.97×
Q1 24
0.93×
0.07×

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%

GEF
GEF

Other$501.0M50%
Sustainable Fiber Solutions Segment$300.4M30%
Customized Polymer Solutions Segment$124.8M13%
Durable Metal Solutions Segment$62.5M6%
Innovative Closure Solutions Segment$6.1M1%

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