Brown-Forman Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | 49.4% | 20.7% | 13.6% |
| FY2010 | 49.9% | 22.0% | 13.9% |
| FY2011 | 50.6% | 25.1% | 16.8% |
| FY2012 | 49.7% | 21.8% | 14.2% |
| FY2013 | 51.7% | 23.7% | 15.6% |
| FY2014 | 52.7% | 24.6% | 16.7% |
| FY2015 | 53.3% | 25.1% | 16.7% |
| FY2016 | 53.5% | 38.2% | 26.6% |
| FY2017 | 67.5% | 33.7% | 22.3% |
| FY2018 | 67.8% | 32.3% | 22.1% |