Brown–Forman vs Reynolds Consumer Products
Brown–Forman and Reynolds Consumer Products are similar in size: $3.93bn and $3.72bn of revenue in their latest fiscal years. Reynolds Consumer Products grew faster (0.7% against -1.2%). Brown–Forman kept more of each dollar of sales as profit: a net margin of 18.2% against 8.1%. Brown–Forman carries less debt relative to equity (62.2% against 70.1%).
| Latest fiscal year | Brown–FormanBF.B, 2026 | Reynolds Consumer ProductsREYN, 2025 |
|---|---|---|
| Revenue | $3.93bn | $3.72bn |
| Revenue growth | -1.2% | 0.7% |
| Net income | $715m | $301m |
| Operating margin | 25.5% | — |
| Net margin | 18.2% | 8.1% |
| Return on equity | 17.8% | 13.7% |
| Free cash flow | $893m | $316m |
| Cash | $308m | $147m |
| Total debt | $2.50bn | $1.58bn |
| Debt to equity | 62.2% | 70.1% |
| Dividend per share | $0.92 | $0.92 |
| Dividend yield | 3.1% | 3.7% |
| Share buybacks | $400m | — |
| Employees | — | 6,000 |
| Market value | $13.31bn | $5.12bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 95 (Strong) | 54 (Moderate) |
| Insider trades, 12 months | 0 buys, 4 sales | 2 buys, 0 sales |