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BF Financials

BF
Source SEC Filings (10-K/10-Q) Data as of Jan 31, 2026 Currency USD FYE April

This page shows BF (BF) 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

Financial health score pending refresh

We are recalculating BF's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial
4/8

BF passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed
0.69x

For every $1 of reported earnings, BF 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.

Interest Coverage Safe
9.1x

BF 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

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Earnings & Revenue

Revenue
$4.0B
YoY-4.9%
5Y CAGR+3.4%
10Y CAGR-0.3%

BF generated $4.0B in revenue in fiscal year 2025. This represents a decrease of 4.9% from the prior year.

EBITDA
$1.2B
YoY-20.5%
5Y CAGR+0.5%
10Y CAGR+1.0%

BF'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.

Net Income
$869.0M
YoY-15.1%
5Y CAGR+1.0%
10Y CAGR+2.4%

BF reported $869.0M in net income in fiscal year 2025. This represents a decrease of 15.1% from the prior year.

EPS (Diluted)
$1.84
YoY-14.0%
5Y CAGR+1.4%
10Y CAGR+1.4%

BF 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

Free Cash Flow
$431.0M
YoY+2.9%
5Y CAGR-6.7%
10Y CAGR-1.2%

BF 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.

Cash & Debt
$471.0M
YoY+13.2%
5Y CAGR-12.3%
10Y CAGR-0.5%

BF held $471.0M in cash against $2.1B in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.89
YoY+5.0%
5Y CAGR+5.5%
10Y CAGR+3.9%

BF paid $0.89 per share in dividends in fiscal year 2025. This represents an increase of 5.0% from the prior year.

Shares Outstanding
N/A

Margins & Returns

Gross Margin
58.9%
YoY-1.5pp
5Y CAGR-4.3pp
10Y CAGR+5.6pp

BF'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.

Operating Margin
27.9%
YoY-6.0pp
5Y CAGR-4.6pp
10Y CAGR+2.8pp

BF'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.

Net Margin
21.9%
YoY-2.7pp
5Y CAGR-2.7pp
10Y CAGR+5.2pp

BF'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.

Return on Equity
21.8%
YoY-7.8pp
5Y CAGR-16.7pp
10Y CAGR-18.3pp

BF'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

R&D Spending
N/A
Share Buybacks
$0
YoY-100.0%

BF 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.

Capital Expenditures
$167.0M
YoY-26.8%
5Y CAGR+8.1%
10Y CAGR+3.4%

BF 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 Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $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-1.3% $964.0M
Cost of Revenue $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-2.3% $395.0M
Gross Profit $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-0.7% $569.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $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-18.6% $231.0M
Operating Income $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-25.1% $375.0M
Interest Expense $26.0M0.0% $26.0M+4.0% $25.0M-7.4% $27.0M-12.9% $31.0M-3.1% $32.0M0.0% $32.0M-5.9% $34.0M
Income Tax $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-28.4% $81.0M
Net Income $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-26.7% $266.0M
EPS (Diluted) $0.58+23.4% $0.47+30.6% $0.36 N/A $0.57+3.6% $0.55+34.1% $0.41 N/A

BF Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $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+0.5% $8.2B
Current Assets $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+1.1% $4.0B
Cash & Equivalents $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-6.7% $446.0M
Inventory $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+1.6% $2.6B
Accounts Receivable $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+4.8% $769.0M
Goodwill $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+0.6% $1.5B
Total Liabilities $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+2.0% $4.6B
Current Liabilities $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+5.8% $1.6B
Long-Term Debt $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+0.5% $2.4B
Total Equity $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-1.5% $3.5B
Retained Earnings $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-0.3% $4.3B

BF Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $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-94.0% $285.0M
Capital Expenditures $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-48.8% $80.0M
Free Cash Flow $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-111.7% $205.0M
Investing Cash Flow -$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+171.4% -$14.0M
Financing Cash Flow -$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+87.4% -$406.0M
Dividends Paid $107.0M0.0% $107.0M0.0% $107.0M0.0% $107.0M0.0% $107.0M+3.9% $103.0M0.0% $103.0M-1.0% $104.0M
Share Buybacks $301.0M N/A N/A $0 $0 N/A N/A $0

BF Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 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%+0.4pp 59.0%
Operating Margin 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%-9.4pp 38.9%
Net Margin 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%-7.1pp 27.6%
Return on Equity 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%-1.9pp 7.6%
Return on Assets 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%-0.9pp 3.3%
Current Ratio 2.77-0.2 2.97+0.2 2.79-1.1 3.88+0.4 3.49+0.8 2.70+0.2 2.47-0.1 2.59
Debt-to-Equity 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+0.0 0.67
FCF Margin 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%-23.8pp 21.3%

Frequently Asked Questions

BF (BF) 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.

BF (BF) revenue declined by 4.9% year-over-year, from $4.2B to $4.0B in fiscal year 2025.

Yes, BF (BF) reported a net income of $869.0M in fiscal year 2025, with a net profit margin of 21.9%.

BF (BF) reported diluted earnings per share of $1.84 for fiscal year 2025. This represents a -14.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

BF (BF) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, BF (BF) had $471.0M in cash and equivalents against $2.1B in long-term debt.

BF (BF) had a gross margin of 58.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

BF (BF) had an operating margin of 27.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

BF (BF) had a net profit margin of 21.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, BF (BF) paid $0.89 per share in dividends during fiscal year 2025.

BF (BF) has a return on equity of 21.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

BF (BF) 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.

BF (BF) generated $598.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

BF (BF) had $8.2B in total assets as of fiscal year 2025, including both current and long-term assets.

BF (BF) invested $167.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

BF (BF) had a current ratio of 2.79 as of fiscal year 2025, which is generally considered healthy.

BF (BF) 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.

BF (BF) had a return on assets of 10.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

BF (BF) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

BF (BF) 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.

BF (BF) 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.

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