This page shows BF-A (BF-A) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
BF-A has an operating margin of 27.9%, meaning the company retains $28 of operating profit per $100 of revenue. This strong profitability earns a score of 84/100, reflecting efficient cost management and pricing power. This is down from 33.8% the prior year.
BF-A's revenue declined 4.9% year-over-year, from $4.2B to $4.0B. This contraction results in a growth score of 25/100.
BF-A carries a low D/E ratio of 0.52, meaning only $0.52 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
BF-A's current ratio of 2.79 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
BF-A has a free cash flow margin of 10.8%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.
BF-A's ROE of 21.8% shows moderate profitability relative to equity, earning a score of 60/100. This is down from 29.5% the prior year.
BF-A passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, BF-A generates $0.69 in operating cash flow ($598.0M OCF vs $869.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
BF-A earns $9.1 in operating income for every $1 of interest expense ($1.1B vs $122.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
BF-A generated $4.0B in revenue in fiscal year 2025. This represents a decrease of 4.9% from the prior year.
BF-A's EBITDA was $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.5% from the prior year.
BF-A reported $869.0M in net income in fiscal year 2025. This represents a decrease of 15.1% from the prior year.
BF-A earned $1.84 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 14.0% from the prior year.
Cash & Balance Sheet
BF-A generated $431.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 2.9% from the prior year.
BF-A held $471.0M in cash against $2.1B in long-term debt as of fiscal year 2025.
BF-A paid $0.89 per share in dividends in fiscal year 2025. This represents an increase of 5.0% from the prior year.
Margins & Returns
BF-A's gross margin was 58.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.5 percentage points from the prior year.
BF-A's operating margin was 27.9% in fiscal year 2025, reflecting core business profitability. This is down 6.0 percentage points from the prior year.
BF-A's net profit margin was 21.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.7 percentage points from the prior year.
BF-A's ROE was 21.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.8 percentage points from the prior year.
Capital Allocation
BF-A spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
BF-A invested $167.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 26.8% from the prior year.
BF-A Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B-2.0% | $1.1B+1.9% | $1.0B+12.1% | $924.0M+3.4% | $894.0M-13.6% | $1.0B-5.5% | $1.1B+15.1% | $951.0M |
| Cost of Revenue | $416.0M0.0% | $416.0M-1.2% | $421.0M+13.2% | $372.0M-2.4% | $381.0M-8.4% | $416.0M-7.3% | $449.0M+16.3% | $386.0M |
| Gross Profit | $619.0M-3.3% | $640.0M+4.1% | $615.0M+11.4% | $552.0M+7.6% | $513.0M-17.1% | $619.0M-4.2% | $646.0M+14.3% | $565.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $178.0M-3.3% | $184.0M-1.6% | $187.0M+5.6% | $177.0M-8.3% | $193.0M+8.4% | $178.0M-3.8% | $185.0M-1.6% | $188.0M |
| Operating Income | $280.0M-17.6% | $340.0M+11.5% | $305.0M+17.3% | $260.0M+26.8% | $205.0M-26.8% | $280.0M-17.9% | $341.0M+21.4% | $281.0M |
| Interest Expense | $31.0M+19.2% | $26.0M0.0% | $26.0M+4.0% | $25.0M-7.4% | $27.0M-12.9% | $31.0M-3.1% | $32.0M0.0% | $32.0M |
| Income Tax | $62.0M+29.2% | $48.0M-12.7% | $55.0M+10.0% | $50.0M+35.1% | $37.0M-40.3% | $62.0M+12.7% | $55.0M-5.2% | $58.0M |
| Net Income | $270.0M+1.1% | $267.0M+19.2% | $224.0M+31.8% | $170.0M+16.4% | $146.0M-45.9% | $270.0M+4.7% | $258.0M+32.3% | $195.0M |
| EPS (Diluted) | $0.57-1.7% | $0.58+23.4% | $0.47+30.6% | $0.36 | N/A | $0.57+3.6% | $0.55+34.1% | $0.41 |
BF-A Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.1B-2.6% | $8.3B+1.0% | $8.2B+0.6% | $8.2B+1.1% | $8.1B+0.2% | $8.1B-3.1% | $8.3B+1.5% | $8.2B |
| Current Assets | $4.2B-0.9% | $4.2B+0.5% | $4.2B+0.8% | $4.2B-0.4% | $4.2B-2.0% | $4.3B+2.0% | $4.2B+2.8% | $4.1B |
| Cash & Equivalents | $444.0M+15.9% | $383.0M+20.1% | $319.0M-32.3% | $471.0M+6.1% | $444.0M-25.9% | $599.0M+44.0% | $416.0M0.0% | $416.0M |
| Inventory | $2.5B-1.9% | $2.6B0.0% | $2.6B-1.0% | $2.6B+3.0% | $2.5B+2.4% | $2.5B-4.4% | $2.6B-1.2% | $2.6B |
| Accounts Receivable | $830.0M-15.6% | $983.0M-5.7% | $1.0B+23.0% | $847.0M+2.0% | $830.0M-2.9% | $855.0M-10.4% | $954.0M+18.4% | $806.0M |
| Goodwill | $1.5B-2.0% | $1.5B+1.7% | $1.5B+0.2% | $1.5B+0.1% | $1.5B+4.9% | $1.4B-2.2% | $1.5B+0.3% | $1.5B |
| Total Liabilities | $4.1B-3.0% | $4.2B+3.3% | $4.1B-2.3% | $4.2B+2.2% | $4.1B-3.6% | $4.2B-8.2% | $4.6B-2.4% | $4.7B |
| Current Liabilities | $1.1B-29.4% | $1.5B+8.1% | $1.4B-5.4% | $1.5B+38.6% | $1.1B-12.0% | $1.2B-21.0% | $1.6B-5.8% | $1.6B |
| Long-Term Debt | $2.4B+15.9% | $2.1B+0.8% | $2.1B-0.1% | $2.1B-14.3% | $2.4B+2.5% | $2.4B-1.3% | $2.4B+0.3% | $2.4B |
| Total Equity | $4.0B-2.2% | $4.1B-1.3% | $4.1B+3.7% | $4.0B-0.1% | $4.0B+4.4% | $3.8B+3.2% | $3.7B+6.9% | $3.5B |
| Retained Earnings | $4.7B-6.7% | $5.0B+3.3% | $4.9B+4.8% | $4.7B-0.9% | $4.7B+0.8% | $4.7B+3.6% | $4.5B+6.1% | $4.3B |
BF-A Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $154.0M-63.1% | $417.0M+215.9% | $132.0M-17.5% | $160.0M+5.3% | $152.0M-52.1% | $317.0M+183.0% | $112.0M+558.8% | $17.0M |
| Capital Expenditures | $61.0M+144.0% | $25.0M0.0% | $25.0M-19.4% | $31.0M-38.0% | $50.0M+11.1% | $45.0M+45.2% | $31.0M-24.4% | $41.0M |
| Free Cash Flow | $93.0M-76.3% | $392.0M+266.4% | $107.0M-17.1% | $129.0M+26.5% | $102.0M-62.5% | $272.0M+235.8% | $81.0M+437.5% | -$24.0M |
| Investing Cash Flow | $307.0M+1328.0% | -$25.0M0.0% | -$25.0M-1350.0% | $2.0M+105.7% | -$35.0M-111.5% | $305.0M+1083.9% | -$31.0M-410.0% | $10.0M |
| Financing Cash Flow | -$147.0M+56.5% | -$338.0M-29.5% | -$261.0M-89.1% | -$138.0M+53.5% | -$297.0M+28.8% | -$417.0M-434.6% | -$78.0M-52.9% | -$51.0M |
| Dividends Paid | $99.0M-7.5% | $107.0M0.0% | $107.0M0.0% | $107.0M0.0% | $107.0M0.0% | $107.0M+3.9% | $103.0M0.0% | $103.0M |
| Share Buybacks | $400.0M+32.9% | $301.0M | N/A | N/A | $0 | $0 | N/A | N/A |
BF-A Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.8%-0.8pp | 60.6%+1.2pp | 59.4%-0.4pp | 59.7%+2.4pp | 57.4%-2.4pp | 59.8%+0.8pp | 59.0%-0.4pp | 59.4% |
| Operating Margin | 27.1%-5.1pp | 32.2%+2.8pp | 29.4%+1.3pp | 28.1%+5.2pp | 22.9%-4.1pp | 27.1%-4.1pp | 31.1%+1.6pp | 29.5% |
| Net Margin | 26.1%+0.8pp | 25.3%+3.7pp | 21.6%+3.2pp | 18.4%+2.1pp | 16.3%-9.8pp | 26.1%+2.5pp | 23.6%+3.1pp | 20.5% |
| Return on Equity | 6.8%+0.2pp | 6.5%+1.1pp | 5.4%+1.2pp | 4.3%+0.6pp | 3.7%-3.4pp | 7.1%+0.1pp | 7.0%+1.3pp | 5.6% |
| Return on Assets | 3.3%+0.1pp | 3.2%+0.5pp | 2.7%+0.6pp | 2.1%+0.3pp | 1.8%-1.5pp | 3.4%+0.3pp | 3.1%+0.7pp | 2.4% |
| Current Ratio | 3.88+1.1 | 2.77-0.2 | 2.97+0.2 | 2.79-1.1 | 3.88+0.4 | 3.49+0.8 | 2.70+0.2 | 2.47 |
| Debt-to-Equity | 0.61+0.1 | 0.51+0.0 | 0.50-0.0 | 0.52-0.1 | 0.61-0.0 | 0.62-0.0 | 0.65-0.0 | 0.69 |
| FCF Margin | 9.0%-28.1pp | 37.1%+26.8pp | 10.3%-3.6pp | 14.0%+2.6pp | 11.4%-14.9pp | 26.3%+18.9pp | 7.4%+9.9pp | -2.5% |
Frequently Asked Questions
What is BF-A's annual revenue?
BF-A (BF-A) reported $4.0B in total revenue for fiscal year 2025. This represents a -4.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is BF-A's revenue growing?
BF-A (BF-A) revenue declined by 4.9% year-over-year, from $4.2B to $4.0B in fiscal year 2025.
Is BF-A profitable?
Yes, BF-A (BF-A) reported a net income of $869.0M in fiscal year 2025, with a net profit margin of 21.9%.
What is BF-A's EBITDA?
BF-A (BF-A) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does BF-A have?
As of fiscal year 2025, BF-A (BF-A) had $471.0M in cash and equivalents against $2.1B in long-term debt.
What is BF-A's gross margin?
BF-A (BF-A) had a gross margin of 58.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BF-A's operating margin?
BF-A (BF-A) had an operating margin of 27.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is BF-A's net profit margin?
BF-A (BF-A) had a net profit margin of 21.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does BF-A pay dividends?
Yes, BF-A (BF-A) paid $0.89 per share in dividends during fiscal year 2025.
What is BF-A's return on equity (ROE)?
BF-A (BF-A) has a return on equity of 21.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BF-A's free cash flow?
BF-A (BF-A) generated $431.0M in free cash flow during fiscal year 2025. This represents a 2.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is BF-A's operating cash flow?
BF-A (BF-A) generated $598.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are BF-A's total assets?
BF-A (BF-A) had $8.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are BF-A's capital expenditures?
BF-A (BF-A) invested $167.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is BF-A's current ratio?
BF-A (BF-A) had a current ratio of 2.79 as of fiscal year 2025, which is generally considered healthy.
What is BF-A's debt-to-equity ratio?
BF-A (BF-A) had a debt-to-equity ratio of 0.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BF-A's return on assets (ROA)?
BF-A (BF-A) had a return on assets of 10.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BF-A's Piotroski F-Score?
BF-A (BF-A) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BF-A's earnings high quality?
BF-A (BF-A) has an earnings quality ratio of 0.69x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can BF-A cover its interest payments?
BF-A (BF-A) has an interest coverage ratio of 9.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is BF-A?
BF-A (BF-A) scores 61 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.