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

Brown–Forman is the larger business by last-quarter revenue ($1.0B vs $41.3M, roughly 25.1× Limoneira CO). Brown–Forman runs the higher net margin — 21.6% vs -21.0%, a 42.7% gap on every dollar of revenue. On growth, Limoneira CO posted the faster year-over-year revenue change (-2.8% vs -5.4%). Over the past eight quarters, Limoneira CO's revenue compounded faster (3.8% 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.

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

BF.B vs LMNR — Head-to-Head

Bigger by revenue
BF.B
BF.B
25.1× larger
BF.B
$1.0B
$41.3M
LMNR
Growing faster (revenue YoY)
LMNR
LMNR
+2.6% gap
LMNR
-2.8%
-5.4%
BF.B
Higher net margin
BF.B
BF.B
42.7% more per $
BF.B
21.6%
-21.0%
LMNR
Faster 2-yr revenue CAGR
LMNR
LMNR
Annualised
LMNR
3.8%
-1.6%
BF.B

Income Statement — Q2 2026 vs Q4 2025

Metric
BF.B
BF.B
LMNR
LMNR
Revenue
$1.0B
$41.3M
Net Profit
$224.0M
$-8.7M
Gross Margin
59.4%
-15.1%
Operating Margin
29.4%
-26.8%
Net Margin
21.6%
-21.0%
Revenue YoY
-5.4%
-2.8%
Net Profit YoY
-13.2%
-367.5%
EPS (diluted)
$0.47
$-0.49

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
LMNR
LMNR
Q4 25
$1.0B
$41.3M
Q3 25
$924.0M
$45.9M
Q2 25
$894.0M
$33.6M
Q1 25
$1.0B
$32.9M
Q4 24
$1.1B
$42.5M
Q3 24
$951.0M
$61.8M
Q2 24
$964.0M
$43.3M
Q1 24
$1.1B
$38.3M
Net Profit
BF.B
BF.B
LMNR
LMNR
Q4 25
$224.0M
$-8.7M
Q3 25
$170.0M
$-855.0K
Q2 25
$146.0M
$-3.4M
Q1 25
$270.0M
$-3.1M
Q4 24
$258.0M
$-1.9M
Q3 24
$195.0M
$6.6M
Q2 24
$266.0M
$6.6M
Q1 24
$285.0M
$-3.6M
Gross Margin
BF.B
BF.B
LMNR
LMNR
Q4 25
59.4%
-15.1%
Q3 25
59.7%
8.5%
Q2 25
57.4%
5.6%
Q1 25
59.8%
-2.0%
Q4 24
59.0%
6.3%
Q3 24
59.4%
26.5%
Q2 24
59.0%
6.5%
Q1 24
59.4%
-2.0%
Operating Margin
BF.B
BF.B
LMNR
LMNR
Q4 25
29.4%
-26.8%
Q3 25
28.1%
-1.4%
Q2 25
22.9%
-10.0%
Q1 25
27.1%
-16.3%
Q4 24
31.1%
-6.5%
Q3 24
29.5%
14.5%
Q2 24
38.9%
-10.8%
Q1 24
34.9%
-20.2%
Net Margin
BF.B
BF.B
LMNR
LMNR
Q4 25
21.6%
-21.0%
Q3 25
18.4%
-1.9%
Q2 25
16.3%
-10.0%
Q1 25
26.1%
-9.4%
Q4 24
23.6%
-4.4%
Q3 24
20.5%
10.7%
Q2 24
27.6%
15.2%
Q1 24
26.7%
-9.4%
EPS (diluted)
BF.B
BF.B
LMNR
LMNR
Q4 25
$0.47
$-0.49
Q3 25
$0.36
$-0.06
Q2 25
$0.31
$-0.20
Q1 25
$0.57
$-0.18
Q4 24
$0.55
$-0.09
Q3 24
$0.41
$0.35
Q2 24
$0.56
$0.35
Q1 24
$0.60
$-0.21

Balance Sheet & Financial Strength

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

Metric
BF.B
BF.B
LMNR
LMNR
Cash + ST InvestmentsLiquidity on hand
$319.0M
Total DebtLower is stronger
$2.4B
$72.5M
Stockholders' EquityBook value
$4.1B
$180.0M
Total Assets
$8.2B
$311.1M
Debt / EquityLower = less leverage
0.59×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BF.B
BF.B
LMNR
LMNR
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
LMNR
LMNR
Q4 25
$2.4B
$72.5M
Q3 25
$2.4B
$63.4M
Q2 25
$2.4B
$55.0M
Q1 25
$2.7B
$58.0M
Q4 24
$2.7B
$40.6M
Q3 24
$2.7B
$40.6M
Q2 24
$2.7B
$60.1M
Q1 24
$2.7B
$52.1M
Stockholders' Equity
BF.B
BF.B
LMNR
LMNR
Q4 25
$4.1B
$180.0M
Q3 25
$4.0B
$180.3M
Q2 25
$4.0B
$182.7M
Q1 25
$3.8B
$186.5M
Q4 24
$3.7B
$191.7M
Q3 24
$3.5B
$194.9M
Q2 24
$3.5B
$189.0M
Q1 24
$3.2B
$184.2M
Total Assets
BF.B
BF.B
LMNR
LMNR
Q4 25
$8.2B
$311.1M
Q3 25
$8.2B
$299.9M
Q2 25
$8.1B
$296.6M
Q1 25
$8.1B
$301.4M
Q4 24
$8.3B
$298.8M
Q3 24
$8.2B
$307.3M
Q2 24
$8.2B
$322.2M
Q1 24
$8.2B
$299.6M
Debt / Equity
BF.B
BF.B
LMNR
LMNR
Q4 25
0.59×
0.40×
Q3 25
0.61×
0.35×
Q2 25
0.61×
0.30×
Q1 25
0.70×
0.31×
Q4 24
0.73×
0.21×
Q3 24
0.77×
0.21×
Q2 24
0.76×
0.32×
Q1 24
0.83×
0.28×

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
LMNR
LMNR
Operating Cash FlowLast quarter
$132.0M
$942.0K
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
LMNR
LMNR
Q4 25
$132.0M
$942.0K
Q3 25
$160.0M
$-3.0M
Q2 25
$152.0M
$8.9M
Q1 25
$317.0M
$-12.9M
Q4 24
$112.0M
$6.6M
Q3 24
$17.0M
$24.6M
Q2 24
$285.0M
$-3.0M
Q1 24
$265.0M
$-10.3M
Free Cash Flow
BF.B
BF.B
LMNR
LMNR
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
LMNR
LMNR
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
LMNR
LMNR
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
LMNR
LMNR
Q4 25
0.59×
Q3 25
0.94×
Q2 25
1.04×
Q1 25
1.17×
Q4 24
0.43×
Q3 24
0.09×
3.73×
Q2 24
1.07×
-0.46×
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%

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

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