Brown-Forman Corporation (BF-A) — Tangible Net Worth Ratio
Brown-Forman Corporation (BF-A) has a Tangible Net Worth Ratio of 76.5% as of April 2026. This metric is calculated by deducting intangible assets ($943.00 Million) from net assets ($4.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See BF-A net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Brown-Forman Corporation Tangible Net Worth Ratio (1986–2026)
This chart shows how Brown-Forman Corporation's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of April 2026, the ratio stands at 76.5%, reflecting net assets of $4.02 Billion with intangible assets of $943.00 Million USD. Also explore Brown-Forman Corporation (BF-A) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Brown-Forman Corporation (1986–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Brown-Forman Corporation from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BF-A market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 76.5% | $4.02 Billion | $943.00 Million | $7.89 Billion | ▲ +1.1 pp |
| 2025 | 75.4% | $3.99 Billion | $981.00 Million | $8.09 Billion | ▲ +3.6 pp |
| 2024 | 71.9% | $3.52 Billion | $990.00 Million | $8.17 Billion | ▲ +7.5 pp |
| 2023 | 64.4% | $3.27 Billion | $1.16 Billion | $7.78 Billion | ▼ -14.2 pp |
| 2022 | 78.6% | $2.74 Billion | $586.00 Million | $6.37 Billion | ▲ +4.0 pp |
| 2021 | 74.5% | $2.66 Billion | $676.00 Million | $6.52 Billion | ▲ +6.7 pp |
| 2020 | 67.8% | $1.98 Billion | $635.00 Million | $5.78 Billion | ▲ +7.0 pp |
| 2019 | 60.8% | $1.65 Billion | $645.00 Million | $5.14 Billion | ▲ +11.7 pp |
| 2018 | 49.1% | $1.32 Billion | $670.00 Million | $4.98 Billion | ▼ -4.1 pp |
| 2017 | 53.2% | $1.37 Billion | $641.00 Million | $4.62 Billion | ▼ -8.7 pp |
| 2016 | 61.9% | $1.56 Billion | $595.00 Million | $4.18 Billion | ▼ -6.0 pp |
| 2015 | 67.9% | $1.91 Billion | $611.00 Million | $4.19 Billion | ▲ +1.2 pp |
| 2014 | 66.7% | $2.03 Billion | $677.00 Million | $4.10 Billion | ▲ +7.7 pp |
| 2013 | 59.0% | $1.63 Billion | $668.00 Million | $3.63 Billion | ▼ -8.7 pp |
| 2012 | 67.7% | $2.07 Billion | $668.00 Million | $3.48 Billion | ▲ +0.2 pp |
| 2011 | 67.5% | $2.06 Billion | $670.00 Million | $3.71 Billion | ▲ +2.8 pp |
| 2010 | 64.7% | $1.90 Billion | $669.00 Million | $3.38 Billion | ▲ +2.5 pp |
| 2009 | 62.2% | $1.82 Billion | $686.00 Million | $3.48 Billion | ▲ +2.7 pp |
| 2008 | 59.5% | $1.73 Billion | $699.00 Million | $3.40 Billion | ▲ +3.0 pp |
| 2007 | 56.5% | $1.57 Billion | $684.00 Million | $3.55 Billion | ▼ -22.7 pp |
| 2006 | 79.2% | $1.56 Billion | $325.00 Million | $2.73 Billion | ▲ +26.2 pp |
| 2005 | 53.0% | $1.31 Billion | $616.00 Million | $2.62 Billion | ▲ +4.8 pp |
| 2004 | 48.2% | $1.08 Billion | $562.00 Million | $2.38 Billion | ▲ +13.2 pp |
| 2003 | 35.0% | $840.00 Million | $546.00 Million | $2.26 Billion | ▼ -46.2 pp |
| 2002 | 81.2% | $1.31 Billion | $246.00 Million | $2.02 Billion | ▲ +3.4 pp |
| 2001 | 77.8% | $1.19 Billion | $263.00 Million | $1.94 Billion | ▲ +3.6 pp |
| 2000 | 74.2% | $1.05 Billion | $270.00 Million | $1.80 Billion | ▲ +3.0 pp |
| 1999 | 71.2% | $917.00 Million | $264.00 Million | $1.74 Billion | ▲ +1.8 pp |
| 1998 | 69.4% | $817.00 Million | $250.00 Million | $1.49 Billion | ▲ +4.2 pp |
| 1997 | 65.2% | $730.00 Million | $254.00 Million | $1.43 Billion | ▲ +6.1 pp |
| 1996 | 59.1% | $634.00 Million | $259.00 Million | $1.38 Billion | ▲ +7.2 pp |
| 1995 | 51.9% | $545.90 Million | $262.50 Million | $1.29 Billion | ▲ +11.5 pp |
| 1994 | 40.4% | $463.70 Million | $276.40 Million | $1.23 Billion | ▼ -25.4 pp |
| 1993 | 65.8% | $818.10 Million | $279.70 Million | $1.31 Billion | ▼ -0.8 pp |
| 1992 | 66.6% | $735.20 Million | $245.20 Million | $1.19 Billion | ▼ -2.0 pp |
| 1991 | 68.7% | $660.60 Million | $206.90 Million | $1.08 Billion | ▲ +4.4 pp |
| 1990 | 64.3% | $595.30 Million | $212.60 Million | $1.02 Billion | ▲ +16.4 pp |
| 1989 | 47.9% | $555.70 Million | $289.60 Million | $1.00 Billion | ▲ +15.1 pp |
| 1988 | 32.8% | $442.60 Million | $297.30 Million | $932.30 Million | ▼ -7.0 pp |
| 1987 | 39.8% | $577.90 Million | $347.70 Million | $1.06 Billion | ▲ +3.1 pp |
| 1986 | 36.8% | $516.40 Million | $326.50 Million | $1.04 Billion | — |