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Side-by-side financial comparison of Brown–Forman (BF.B) and 22nd Century Group, Inc. (XXII). Click either name above to swap in a different company.

Brown–Forman is the larger business by last-quarter revenue ($1.0B vs $3.5M, roughly 292.9× 22nd Century Group, Inc.). Brown–Forman runs the higher net margin — 21.6% vs -79.4%, a 101.0% gap on every dollar of revenue. On growth, Brown–Forman posted the faster year-over-year revenue change (-5.4% vs -12.0%). Brown–Forman produced more free cash flow last quarter ($107.0M vs $2.7M). Over the past eight quarters, Brown–Forman's revenue compounded faster (-1.6% CAGR vs -26.1%).

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.

22nd Century Media was an American media company based in the suburbs of Chicago. The company was founded in 2005 and at one time published 14 weekly community newspapers. The publications had roughly 160,000 subscribers.

BF.B vs XXII — Head-to-Head

Bigger by revenue
BF.B
BF.B
292.9× larger
BF.B
$1.0B
$3.5M
XXII
Growing faster (revenue YoY)
BF.B
BF.B
+6.6% gap
BF.B
-5.4%
-12.0%
XXII
Higher net margin
BF.B
BF.B
101.0% more per $
BF.B
21.6%
-79.4%
XXII
More free cash flow
BF.B
BF.B
$104.3M more FCF
BF.B
$107.0M
$2.7M
XXII
Faster 2-yr revenue CAGR
BF.B
BF.B
Annualised
BF.B
-1.6%
-26.1%
XXII

Income Statement — Q2 2026 vs Q4 2025

Metric
BF.B
BF.B
XXII
XXII
Revenue
$1.0B
$3.5M
Net Profit
$224.0M
$-2.8M
Gross Margin
59.4%
Operating Margin
29.4%
-79.2%
Net Margin
21.6%
-79.4%
Revenue YoY
-5.4%
-12.0%
Net Profit YoY
-13.2%
38.4%
EPS (diluted)
$0.47
$-36.48

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
XXII
XXII
Q4 25
$1.0B
$3.5M
Q3 25
$924.0M
$4.0M
Q2 25
$894.0M
$4.1M
Q1 25
$1.0B
$6.0M
Q4 24
$1.1B
$4.0M
Q3 24
$951.0M
$5.9M
Q2 24
$964.0M
$7.9M
Q1 24
$1.1B
$6.5M
Net Profit
BF.B
BF.B
XXII
XXII
Q4 25
$224.0M
$-2.8M
Q3 25
$170.0M
$5.5M
Q2 25
$146.0M
$-3.4M
Q1 25
$270.0M
$-4.3M
Q4 24
$258.0M
$-4.6M
Q3 24
$195.0M
$-3.8M
Q2 24
$266.0M
$-1.1M
Q1 24
$285.0M
$-5.7M
Gross Margin
BF.B
BF.B
XXII
XXII
Q4 25
59.4%
Q3 25
59.7%
36.3%
Q2 25
57.4%
29.9%
Q1 25
59.8%
Q4 24
59.0%
Q3 24
59.4%
47.8%
Q2 24
59.0%
51.3%
Q1 24
59.4%
Operating Margin
BF.B
BF.B
XXII
XXII
Q4 25
29.4%
-79.2%
Q3 25
28.1%
-80.1%
Q2 25
22.9%
-73.0%
Q1 25
27.1%
-43.1%
Q4 24
31.1%
-101.8%
Q3 24
29.5%
-56.8%
Q2 24
38.9%
-25.8%
Q1 24
34.9%
-68.5%
Net Margin
BF.B
BF.B
XXII
XXII
Q4 25
21.6%
-79.4%
Q3 25
18.4%
136.8%
Q2 25
16.3%
-83.4%
Q1 25
26.1%
-72.7%
Q4 24
23.6%
-113.3%
Q3 24
20.5%
-63.2%
Q2 24
27.6%
-14.0%
Q1 24
26.7%
-88.7%
EPS (diluted)
BF.B
BF.B
XXII
XXII
Q4 25
$0.47
$-36.48
Q3 25
$0.36
$-0.28
Q2 25
$0.31
$-13.61
Q1 25
$0.57
$-2.50
Q4 24
$0.55
$-42962.00
Q3 24
$0.41
$-1760.26
Q2 24
$0.56
$-593.72
Q1 24
$0.60
$-395.07

Balance Sheet & Financial Strength

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

Metric
BF.B
BF.B
XXII
XXII
Cash + ST InvestmentsLiquidity on hand
$319.0M
$7.1M
Total DebtLower is stronger
$2.4B
$708.0K
Stockholders' EquityBook value
$4.1B
$15.8M
Total Assets
$8.2B
$27.0M
Debt / EquityLower = less leverage
0.59×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BF.B
BF.B
XXII
XXII
Q4 25
$319.0M
$7.1M
Q3 25
$471.0M
$4.8M
Q2 25
$444.0M
$3.1M
Q1 25
$599.0M
$1.1M
Q4 24
$416.0M
$4.4M
Q3 24
$416.0M
$5.3M
Q2 24
$446.0M
$1.3M
Q1 24
$589.0M
$1.5M
Total Debt
BF.B
BF.B
XXII
XXII
Q4 25
$2.4B
$708.0K
Q3 25
$2.4B
Q2 25
$2.4B
$3.2M
Q1 25
$2.7B
$3.9M
Q4 24
$2.7B
$6.7M
Q3 24
$2.7B
$7.0M
Q2 24
$2.7B
$7.5M
Q1 24
$2.7B
$14.7M
Stockholders' Equity
BF.B
BF.B
XXII
XXII
Q4 25
$4.1B
$15.8M
Q3 25
$4.0B
$18.4M
Q2 25
$4.0B
$5.6M
Q1 25
$3.8B
$3.6M
Q4 24
$3.7B
$4.0M
Q3 24
$3.5B
$3.5M
Q2 24
$3.5B
$-955.0K
Q1 24
$3.2B
$-11.6M
Total Assets
BF.B
BF.B
XXII
XXII
Q4 25
$8.2B
$27.0M
Q3 25
$8.2B
$32.4M
Q2 25
$8.1B
$22.4M
Q1 25
$8.1B
$21.5M
Q4 24
$8.3B
$21.7M
Q3 24
$8.2B
$26.2M
Q2 24
$8.2B
$24.1M
Q1 24
$8.2B
$24.6M
Debt / Equity
BF.B
BF.B
XXII
XXII
Q4 25
0.59×
0.04×
Q3 25
0.61×
Q2 25
0.61×
0.57×
Q1 25
0.70×
1.08×
Q4 24
0.73×
1.66×
Q3 24
0.77×
2.02×
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
XXII
XXII
Operating Cash FlowLast quarter
$132.0M
$2.7M
Free Cash FlowOCF − Capex
$107.0M
$2.7M
FCF MarginFCF / Revenue
10.3%
77.3%
Capex IntensityCapex / Revenue
2.4%
0.5%
Cash ConversionOCF / Net Profit
0.59×
TTM Free Cash FlowTrailing 4 quarters
$610.0M
$-7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BF.B
BF.B
XXII
XXII
Q4 25
$132.0M
$2.7M
Q3 25
$160.0M
$-4.0M
Q2 25
$152.0M
$-3.5M
Q1 25
$317.0M
$-3.0M
Q4 24
$112.0M
$-4.4M
Q3 24
$17.0M
$-3.0M
Q2 24
$285.0M
$-4.7M
Q1 24
$265.0M
$-2.3M
Free Cash Flow
BF.B
BF.B
XXII
XXII
Q4 25
$107.0M
$2.7M
Q3 25
$129.0M
$-4.0M
Q2 25
$102.0M
$-3.5M
Q1 25
$272.0M
$-3.0M
Q4 24
$81.0M
Q3 24
$-24.0M
$-3.0M
Q2 24
$205.0M
$-4.8M
Q1 24
$196.0M
$-2.3M
FCF Margin
BF.B
BF.B
XXII
XXII
Q4 25
10.3%
77.3%
Q3 25
14.0%
-100.3%
Q2 25
11.4%
-85.9%
Q1 25
26.3%
-50.1%
Q4 24
7.4%
Q3 24
-2.5%
-51.2%
Q2 24
21.3%
-60.1%
Q1 24
18.3%
-35.0%
Capex Intensity
BF.B
BF.B
XXII
XXII
Q4 25
2.4%
0.5%
Q3 25
3.4%
0.1%
Q2 25
5.6%
0.7%
Q1 25
4.3%
0.2%
Q4 24
2.8%
0.0%
Q3 24
4.3%
1.2%
Q2 24
8.3%
0.8%
Q1 24
6.5%
0.1%
Cash Conversion
BF.B
BF.B
XXII
XXII
Q4 25
0.59×
Q3 25
0.94×
-0.73×
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%

XXII
XXII

Segment breakdown not available.

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