STZ · Constellation Brands, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.22B | $2.48B | $2.66B | $2.46B | $2.92B | $2.51B | $2.47B | $2.84B | $2.36B |
| Cost of Revenue | $1.25B | $1.04B | $1.17B | $1.26B | $1.18B | $1.41B | $1.26B | $1.20B | $1.39B | $1.11B |
| Gross Profit | $1.27B | $1.18B | $1.31B | $1.40B | $1.28B | $1.51B | $1.26B | $1.27B | $1.45B | $1.25B |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $500.70M | $491.20M | $436.00M | $462.20M | $491.30M | $491.20M | $493.10M | $473.70M | $471.20M | $438.60M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $105.50M | $99.30M | $103.10M | $111.90M | $119.30M | $109.60M | $105.70M | $108.40M | $108.70M | $93.70M |
| Operating Income | $713.80M | $692.00M | $874.00M | $941.60M | $793.00M | ($1.23B) | $764.70M | $796.90M | $978.70M | $816.40M |
| Interest Expense | $104.80M | $86.60M | $89.00M | - | - | - | - | - | - | - |
| Income Tax | $87.60M | $110.10M | $296.80M | $28.00M | $44.50M | ($152.20M) | $91.20M | $130.00M | $147.20M | $125.40M |
| Net Income | $516.10M | $502.80M | $466.00M | $877.00M | $615.90M | ($1.20B) | $135.90M | $509.10M | $690.00M | $389.50M |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $102.40M | $152.40M | $72.00M | $68.10M | $73.70M | $64.60M | $152.40M | $78.70M | $83.30M | $133.50M |
| Accounts Receivable | $658.20M | $708.30M | $667.60M | $736.50M | $836.20M | $871.30M | $832.80M | $897.30M | $933.20M | $901.60M |
| Inventory | $1.43B | $1.38B | $1.44B | $1.44B | $2.13B | $2.10B | $2.08B | $1.99B | $1.81B | $1.90B |
| Accounts Payable | $960.20M | $976.50M | $1.02B | $939.80M | $1.06B | $1.10B | $1.11B | $1.03B | $978.80M | $941.50M |
| Current Assets | $2.91B | $2.91B | $2.88B | $3.72B | $3.63B | $3.65B | $3.73B | $3.55B | $3.43B | $3.50B |
| Total Assets | $21.90B | $21.68B | $21.42B | $21.65B | $22.81B | $23.08B | $25.69B | $25.06B | $24.93B | $24.66B |
| Current Liabilities | $2.69B | $2.17B | $2.66B | $4.04B | $3.29B | $2.91B | $3.14B | $3.38B | $2.86B | $2.97B |
| Long-term Debt | $9.69B | $10.29B | $9.79B | $9.29B | $10.19B | $10.68B | $10.68B | $10.28B | $10.68B | $11.29B |
| Total Liabilities | $13.51B | $13.68B | $13.63B | $14.52B | $14.73B | $14.92B | $15.63B | $15.26B | $15.21B | $15.93B |
| Stockholders' Equity | $8.08B | $7.71B | $7.50B | $6.88B | $7.82B | $7.87B | $9.74B | $9.47B | $9.39B | $8.41B |
| Retained Earnings | $13.57B | $13.55B | $13.23B | $12.60B | $13.16B | $12.73B | $13.42B | $13.19B | $12.84B | $12.34B |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $637.20M | - | - | $690.50M | - | - | $665.40M | - | - | $758.20M |
| Investing Cash Flow | ($196.10M) | - | - | ($377.40M) | - | - | ($291.90M) | - | - | ($226.80M) |
| Financing Cash Flow | ($437.60M) | - | - | ($393.00M) | - | - | ($314.70M) | - | - | ($627.20M) |
| CapEx | $192.80M | - | - | $375.30M | - | - | $277.00M | - | $305.00M | $196.60M |
| Free Cash Flow | $444.40M | - | - | $315.20M | - | - | $388.40M | - | - | $561.60M |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 50.4% | 53.2% | 52.8% | 52.7% | 52.1% | 51.8% | 50.0% | 51.4% | 51.1% | 53.1% |
| Operating margin | 28.4% | 31.1% | 35.2% | 35.4% | 32.2% | -42.1% | 30.4% | 32.3% | 34.5% | 34.5% |
| EBITDA margin | 32.6% | 35.6% | 39.4% | 39.6% | 37.0% | -38.4% | 34.6% | 36.6% | 38.3% | 38.5% |
| Net margin | 20.5% | 22.6% | 18.8% | 32.9% | 25.0% | -41.1% | 5.4% | 20.6% | 24.3% | 16.5% |
| Free cash flow margin | 17.7% | - | - | 11.8% | - | - | 15.4% | - | - | 23.8% |
| FCF / Net income | 0.86 | - | - | 0.36 | - | - | 2.86 | - | - | 1.44 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.9% | 22.1% | 17.6% | 17.4% | 19.9% | 16.8% | 19.6% | 19.2% | 16.6% | 18.6% |
| Effective tax rate | 14.5% | 18.0% | 38.9% | 3.1% | 6.7% | - | 40.2% | 20.3% | 17.6% | 24.4% |
| Return on assets | 2.4% | 2.3% | 2.2% | 4.1% | 2.7% | -5.2% | 0.5% | 2.0% | 2.8% | 1.6% |
| Return on equity | 6.4% | 6.5% | 6.2% | 12.7% | 7.9% | -15.2% | 1.4% | 5.4% | 7.3% | 4.6% |
| Return on invested capital | 3.4% | 3.2% | 3.1% | 5.6% | 4.1% | -5.2% | 2.2% | 3.2% | 4.0% | 3.1% |
| Liquidity | ||||||||||
| Current ratio | 1.08 | 1.34 | 1.08 | 0.92 | 1.10 | 1.25 | 1.19 | 1.05 | 1.20 | 1.18 |
| Quick ratio | 0.55 | 0.70 | 0.54 | 0.56 | 0.46 | 0.53 | 0.53 | 0.46 | 0.57 | 0.54 |
| Cash ratio | 0.04 | 0.07 | 0.03 | 0.02 | 0.02 | 0.02 | 0.05 | 0.02 | 0.03 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | 1.20 | 1.33 | 1.31 | 1.35 | 1.30 | 1.36 | 1.10 | 1.09 | 1.14 | 1.34 |
| Debt / Assets | 0.44 | 0.47 | 0.46 | 0.43 | 0.45 | 0.46 | 0.42 | 0.41 | 0.43 | 0.46 |
| Debt / EBITDA | 11.83 | 13.00 | 10.02 | 8.82 | 11.16 | - | 12.27 | 11.36 | 9.82 | 12.40 |
| Interest coverage | 6.8x | 8.0x | 9.8x | - | - | - | - | - | - | - |
| Equity multiplier | 2.71 | 2.81 | 2.86 | 3.15 | 2.92 | 2.93 | 2.64 | 2.65 | 2.65 | 2.93 |
| Liabilities / Assets | 0.62 | 0.63 | 0.64 | 0.67 | 0.65 | 0.65 | 0.61 | 0.61 | 0.61 | 0.65 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | 0.10 | 0.12 | 0.12 | 0.11 | 0.13 | 0.10 | 0.10 | 0.11 | 0.10 |
| Inventory turnover | 0.87 | 0.75 | 0.81 | 0.88 | 0.55 | 0.67 | 0.60 | 0.60 | 0.76 | 0.58 |
| Days sales outstanding | 96d | 116d | 98d | 101d | 124d | 109d | 121d | 133d | 120d | 139d |
| Days inventory outstanding | 419d | 484d | 449d | 417d | 659d | 544d | 603d | 605d | 477d | 625d |
| Days payable outstanding | 281d | 343d | 319d | 273d | 327d | 285d | 321d | 313d | 258d | 310d |
| Cash conversion cycle | 234d | 258d | 228d | 245d | 456d | 368d | 403d | 424d | 340d | 455d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.5% | -9.8% | -15.0% | 5.8% | -0.3% | 2.9% | 6.4% | 1.4% | 6.8% | 16.6% |
| Revenue CAGR (3y) | 2.1% | -3.0% | -2.2% | 9.5% | 2.0% | 7.2% | 8.6% | 0.4% | 7.9% | 4.1% |
| Revenue CAGR (5y) | 5.1% | -1.8% | 1.9% | 4.9% | 4.3% | 4.5% | - | 4.6% | 6.3% | 4.1% |
| Gross profit growth (YoY) | -9.8% | -7.9% | -13.3% | 11.6% | 1.1% | 4.3% | 0.2% | 3.6% | 9.4% | 12.1% |
| Operating income growth (YoY) | -24.2% | -12.7% | - | 23.1% | -0.5% | - | -6.3% | 6.7% | 20.4% | 987.1% |
| Net income growth (YoY) | -41.2% | -18.4% | - | 545.3% | 21.0% | - | -65.1% | 8.9% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 41.0% | - | - | -18.8% | - | - | -30.8% | - | - | -6.7% |
| FCF CAGR (5y) | -0.2% | - | - | -6.3% | - | - | - | - | - | 10.8% |
| Book value growth (YoY) | 17.4% | -1.4% | -4.7% | -29.4% | -17.5% | -16.2% | 15.8% | 12.9% | 0.0% | -28.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Business segments
$9.14B totalBeer$8.32B · 91.0%
Constellation Wines And Spirits$823.80M · 9.0%
Geographic
$9.14B totalUS$9.01B · 98.5%
Non Us$133.30M · 1.5%
Peer comparison
Same SIC group: Beverages
Comparing CONSTELLATION BRANDS against the 5 most active filers in the same SIC group.
Dividends
$4.09/share trailing 12 months · +1.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 29, 2026 | $1.0300 |
| Jan 29, 2026 | $1.0200 |
| Oct 30, 2025 | $1.0200 |
| Jul 30, 2025 | $1.0200 |
| Apr 29, 2025 | $1.0200 |
| Feb 7, 2025 | $1.0100 |
| Nov 5, 2024 | $1.0100 |
| Aug 14, 2024 | $1.0100 |
| May 2, 2024 | $1.0100 |
| Feb 7, 2024 | $0.8900 |
| Nov 2, 2023 | $0.8900 |
| Aug 9, 2023 | $0.8900 |
| May 3, 2023 | $0.8900 |
| Feb 7, 2023 | $0.8000 |
| Nov 3, 2022 | $0.8000 |
| Aug 9, 2022 | $0.8000 |
| May 4, 2022 | $0.8000 |
| Feb 8, 2022 | $0.7600 |
| Nov 4, 2021 | $0.7600 |
| Aug 9, 2021 | $0.7600 |
| May 3, 2021 | $0.7600 |
| Feb 8, 2021 | $0.7500 |
| Nov 5, 2020 | $0.7500 |
| Aug 10, 2020 | $0.7500 |