Brown-Forman Corporation (BF-B) — Capital Reinvestment Ratio
Brown-Forman Corporation (BF-B) has a Capital Reinvestment Ratio of 0.06x as of January 2026, meaning it reinvests 0% of its operating cash flow ($417.00 Million) in capital expenditures ($25.00 Million). See BF-B net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Brown-Forman Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks Brown-Forman Corporation's Capital Reinvestment Ratio across 37 annual periods. Check how aggressively does Brown-Forman Corporation reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Brown-Forman Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for Brown-Forman Corporation from 1989 to 2025. For live market cap and broader valuation context, see BF-B market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $598.00 Million | $167.00 Million | ▼ -20.8% |
| 2024 | 0.35x | $647.00 Million | $228.00 Million | ▲ +23.2% |
| 2023 | 0.29x | $640.00 Million | $183.00 Million | ▲ +93.9% |
| 2022 | 0.15x | $936.00 Million | $138.00 Million | ▲ +94.3% |
| 2021 | 0.08x | $817.00 Million | $62.00 Million | ▼ -51.4% |
| 2020 | 0.16x | $724.00 Million | $113.00 Million | ▲ +4.9% |
| 2019 | 0.15x | $800.00 Million | $119.00 Million | ▼ -26.0% |
| 2018 | 0.20x | $632.00 Million | $127.00 Million | ▲ +14.6% |
| 2017 | 0.18x | $639.00 Million | $112.00 Million | ▼ -15.0% |
| 2016 | 0.21x | $524.00 Million | $108.00 Million | ▲ +4.4% |
| 2015 | 0.20x | $608.00 Million | $120.00 Million | ▲ +1.7% |
| 2014 | 0.19x | $649.00 Million | $126.00 Million | ▲ +9.7% |
| 2013 | 0.18x | $537.00 Million | $95.00 Million | ▲ +57.4% |
| 2012 | 0.11x | $516.00 Million | $58.00 Million | ▲ +51.9% |
| 2011 | 0.07x | $527.00 Million | $39.00 Million | ▲ +18.6% |
| 2010 | 0.06x | $545.00 Million | $34.00 Million | ▼ -43.3% |
| 2009 | 0.11x | $491.00 Million | $54.00 Million | ▼ -11.0% |
| 2008 | 0.12x | $534.00 Million | $66.00 Million | ▼ -52.3% |
| 2007 | 0.26x | $355.00 Million | $92.00 Million | ▲ +68.2% |
| 2006 | 0.15x | $344.00 Million | $53.00 Million | ▲ +24.5% |
| 2005 | 0.12x | $396.00 Million | $49.00 Million | ▼ -32.4% |
| 2004 | 0.18x | $306.00 Million | $56.00 Million | ▼ -65.0% |
| 2003 | 0.52x | $243.00 Million | $127.00 Million | ▲ +84.0% |
| 2002 | 0.28x | $250.00 Million | $71.00 Million | ▼ -31.7% |
| 2001 | 0.42x | $231.00 Million | $96.00 Million | ▲ +28.4% |
| 2000 | 0.32x | $241.00 Million | $78.00 Million | ▼ -31.1% |
| 1999 | 0.47x | $213.00 Million | $100.00 Million | ▲ +134.7% |
| 1998 | 0.20x | $220.00 Million | $44.00 Million | ▼ -33.5% |
| 1997 | 0.30x | $183.00 Million | $55.00 Million | ▼ -12.9% |
| 1996 | 0.35x | $171.00 Million | $59.00 Million | ▲ +33.2% |
| 1995 | 0.26x | $197.30 Million | $51.10 Million | ▲ +108.8% |
| 1994 | 0.12x | $220.90 Million | $27.40 Million | ▼ -28.8% |
| 1993 | 0.17x | $192.90 Million | $33.60 Million | ▼ -47.8% |
| 1992 | 0.33x | $156.20 Million | $52.10 Million | ▼ -13.0% |
| 1991 | 0.38x | $134.40 Million | $51.50 Million | ▼ -4.1% |
| 1990 | 0.40x | $125.40 Million | $50.10 Million | ▲ +45.3% |
| 1989 | 0.27x | $138.20 Million | $38.00 Million | — |