Constellation Brands, Inc. (STZ) 10-Year Financial Performance & Capital Metrics

STZ • • Industrial / General

Consumer DefensiveWineries & DistilleriesDiversified Beverage ConglomeratesMulti-Category Beverage Leaders

AboutConstellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Cook's California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.Show more

Revenue $10.21B +2.5%
EBITDA $4.07B +14.1%
Net Income -$81M -104.7%
EPS (Diluted) -0.45 -104.8%
Gross Margin 50.96% +3.4%
EBITDA Margin 39.83% +11.4%
Operating Margin 35.45% +12.7%
Net Margin -0.8% -104.6%
ROE -0.95% -105.2%
ROIC 13.03% +22.1%
Debt/Equity 1.70 +36.1%
Interest Coverage 8.80 +21.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 19.0% free cash flow margin
✓Healthy dividend yield of 2.5%

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.41%

5Y4.12%

3Y4.98%

TTM-7.86%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM61.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM69.52%

ROCE

10Y Avg13.25%

5Y Avg13.72%

3Y Avg15.17%

Latest18.02%

Peer Comparison

Multi-Category Beverage Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
STZConstellation Brands, Inc.	27.52B	158.75	-352.78	2.47%	11.83%	13.87%	7.04%	1.70

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	6.55B	7.33B	7.58B	8.12B	8.34B	8.61B	8.82B	9.45B	9.96B	10.21B
Revenue Growth %	0.09%	0.12%	0.03%	0.07%	0.03%	0.03%	0.02%	0.07%	0.05%	0.02%
Cost of Goods Sold+	3.52B	3.79B	3.76B	4.01B	4.02B	4.14B	4.22B	4.64B	5.05B	5.01B
COGS % of Revenue	0.54%	0.52%	0.5%	0.49%	0.48%	0.48%	0.48%	0.49%	0.51%	0.49%
Gross Profit+	3.03B	3.54B	3.82B	4.1B	4.32B	4.47B	4.6B	4.81B	4.91B	5.2B
Gross Margin %	0.46%	0.48%	0.5%	0.51%	0.52%	0.52%	0.52%	0.51%	0.49%	0.51%
Gross Profit Growth %	0.15%	0.17%	0.08%	0.07%	0.05%	0.03%	0.03%	0.05%	0.02%	0.06%
Operating Expenses+	1.12B	1.29B	1.53B	1.45B	1.55B	1.61B	1.7B	1.82B	1.78B	1.58B
OpEx % of Revenue	0.17%	0.18%	0.2%	0.18%	0.19%	0.19%	0.19%	0.19%	0.18%	0.16%
Selling, General & Admin	1.12B	1.29B	1.38B	1.45B	1.55B	1.61B	1.7B	1.82B	1.78B	1.58B
SG&A % of Revenue	0.17%	0.18%	0.18%	0.18%	0.19%	0.19%	0.19%	0.19%	0.18%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	1.9B	2.25B	2.28B	2.65B	2.77B	2.86B	2.9B	2.99B	3.13B	3.62B
Operating Margin %	0.29%	0.31%	0.3%	0.33%	0.33%	0.33%	0.33%	0.32%	0.31%	0.35%
Operating Income Growth %	0.21%	0.18%	0.01%	0.16%	0.04%	0.03%	0.02%	0.03%	0.05%	0.15%
EBITDA+	2.13B	2.54B	2.67B	3.1B	3.11B	3.16B	3.25B	3.38B	3.56B	4.07B
EBITDA Margin %	0.32%	0.35%	0.35%	0.38%	0.37%	0.37%	0.37%	0.36%	0.36%	0.4%
EBITDA Growth %	0.2%	0.2%	0.05%	0.16%	0%	0.01%	0.03%	0.04%	0.06%	0.14%
D&A (Non-Cash Add-back)	221M	293.9M	386.5M	447.1M	343.2M	299.1M	342.4M	387M	429.2M	447M
EBIT	1.81B	2.42B	2.67B	4.56B	-516.5M	2.93B	662.6M	781.4M	2.66B	335.6M
Net Interest Income+	-305.7M	-329.3M	-334.2M	-402.1M	-428.7M	-382.8M	-352.2M	-397.8M	-433.8M	-411.4M
Interest Income	800K	1.8M	2.3M	12M	0	0	0	0	0	0
Interest Expense	306.5M	331.1M	336.5M	414.1M	428.7M	382.8M	352.2M	397.8M	433.8M	411.4M
Other Income/Expense	-403.4M	-155.2M	58.2M	1.49B	-3.71B	-315.8M	-2.59B	-2.61B	-912.2M	-3.7B
Pretax Income+	1.5B	2.09B	2.34B	4.14B	-945.2M	2.54B	310.4M	383.6M	2.22B	-82.8M
Pretax Margin %	0.23%	0.29%	0.31%	0.51%	-0.11%	0.3%	0.04%	0.04%	0.22%	-0.01%
Income Tax+	440.6M	554.2M	22.7M	685.9M	-966.6M	511.1M	309.4M	422.1M	456.6M	-51.7M
Effective Tax Rate %	0.7%	0.73%	0.98%	0.83%	0.01%	0.79%	-0.13%	-0.19%	0.78%	0.98%
Net Income+	1.05B	1.54B	2.3B	3.44B	-11.8M	2B	-40.4M	-71M	1.73B	-81.4M
Net Margin %	0.16%	0.21%	0.3%	0.42%	-0%	0.23%	-0%	-0.01%	0.17%	-0.01%
Net Income Growth %	0.26%	0.46%	0.5%	0.49%	-1%	170.32%	-1.02%	-0.76%	25.33%	-1.05%
Net Income (Continuing)	1.06B	1.54B	2.32B	3.46B	21.4M	2.03B	1M	-38.5M	1.77B	-31.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	132.2M	-6.4M	16.6M	286.2M	342.5M	330.2M	315.9M	320.3M	321.5M	252.8M
EPS (Diluted)+	5.18	7.52	11.55	17.57	-0.06	10.23	-0.21	-0.37	9.39	-0.45
EPS Growth %	0.24%	0.45%	0.54%	0.52%	-1%	165.21%	-1.02%	-0.76%	26.38%	-1.05%
EPS (Basic)	5.42	7.79	11.55	18.03	-0.06	10.42	-0.21	-0.37	9.42	-0.45
Diluted Shares Outstanding	203.82M	204.1M	200.75M	195.53M	189.31M	195.31M	190.36M	192.54M	183.96M	181.48M
Basic Shares Outstanding	196.75M	199.29M	194.79M	190.57M	189.31M	191.74M	190.36M	192.54M	183.31M	181.48M
Dividend Payout Ratio	0.23%	0.21%	0.17%	0.16%	-	0.29%	-	-	0.38%	-

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	2.98B	3.23B	3.47B	3.68B	3.48B	3.04B	3.33B	3.5B	3.73B	3.72B
Cash & Short-Term Investments	83.1M	177.4M	90.3M	93.6M	81.4M	460.6M	199.4M	133.5M	152.4M	68.1M
Cash Only	83.1M	177.4M	90.3M	93.6M	81.4M	460.6M	199.4M	133.5M	152.4M	68.1M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	857M	837.4M	1.11B	1.27B	1.22B	1.09B	1.12B	1.08B	1.08B	992.7M
Days Sales Outstanding	47.78	41.7	53.3	57.02	53.16	46.13	46.31	41.53	39.59	35.5
Inventory	1.85B	1.96B	2.08B	2.13B	1.37B	1.29B	1.57B	1.9B	2.08B	1.44B
Days Inventory Outstanding	192.14	188.23	202.3	193.76	124.69	113.75	136	149.31	150.14	104.79
Other Current Assets	103.3M	124M	133.4M	144M	775.1M	128.3M	183.8M	258.6M	287.4M	1.07B
Total Non-Current Assets+	13.99B	15.37B	17.06B	25.55B	23.84B	24.06B	22.53B	21.17B	21.96B	17.94B
Property, Plant & Equipment	3.33B	3.93B	4.79B	5.27B	5.81B	6.3B	6.54B	6.87B	8.67B	7.96B
Fixed Asset Turnover	1.96x	1.86x	1.58x	1.54x	1.43x	1.37x	1.35x	1.38x	1.15x	1.28x
Goodwill	7.14B	7.92B	8.08B	8.09B	7.76B	7.79B	7.86B	7.93B	7.98B	5.13B
Intangible Assets	3.4B	3.38B	3.3B	3.2B	2.72B	2.73B	2.76B	2.73B	2.73B	2.53B
Long-Term Investments	0	0	793.7M	6.7B	4.21B	4.61B	2.88B	663.3M	243.6M	206M
Other Non-Current Assets	111.6M	141.4M	93.4M	109.7M	681.4M	136.2M	138.4M	790.9M	281.1M	310M
Total Assets+	16.96B	18.6B	20.54B	29.23B	27.32B	27.1B	25.86B	24.66B	25.69B	21.65B
Asset Turnover	0.39x	0.39x	0.37x	0.28x	0.31x	0.32x	0.34x	0.38x	0.39x	0.47x
Asset Growth %	0.12%	0.1%	0.1%	0.42%	-0.07%	-0.01%	-0.05%	-0.05%	0.04%	-0.16%
Total Current Liabilities+	2.27B	2.7B	1.94B	3.16B	2.31B	1.27B	2.7B	2.97B	3.14B	4.04B
Accounts Payable	429.3M	559.8M	592.2M	616.7M	557.6M	460M	899.2M	941.5M	1.11B	939.8M
Days Payables Outstanding	44.55	53.9	57.49	56.09	50.62	40.53	77.74	74.04	79.98	68.52
Short-Term Debt	1.26B	1.52B	769.1M	1.86B	973.8M	29.2M	928.3M	1.17B	1.2B	2.21B
Deferred Revenue (Current)	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	203.6M	162.7M	156.4M	214.3M	210.7M	164.8M	174.3M	164.5M	177.6M	196.9M
Current Ratio	1.31x	1.20x	1.79x	1.16x	1.51x	2.40x	1.23x	1.18x	1.19x	0.92x
Quick Ratio	0.50x	0.47x	0.71x	0.49x	0.91x	1.38x	0.65x	0.54x	0.53x	0.56x
Cash Conversion Cycle	195.38	176.03	198.11	194.69	127.24	119.35	104.57	116.81	109.75	71.76
Total Non-Current Liabilities+	8B	9.02B	10.53B	13.23B	12.54B	11.91B	11.11B	12.96B	12.49B	10.48B
Long-Term Debt	6.82B	7.72B	9.42B	11.76B	11.21B	10.41B	9.49B	11.29B	10.68B	9.29B
Capital Lease Obligations	0	0	0	0	483.6M	471.1M	457.3M	417.4M	588.7M	539.1M
Deferred Tax Liabilities	1.02B	1.13B	1.09B	1.03B	384M	569.7M	515.8M	569.5M	591.5M	92.6M
Other Non-Current Liabilities	162.5M	165.7M	0	441M	458.7M	451.2M	543.8M	594.7M	543.9M	550.9M
Total Liabilities	10.27B	11.72B	12.48B	16.39B	14.85B	13.18B	13.81B	15.93B	15.63B	14.52B
Total Debt+	8.08B	9.24B	10.19B	13.62B	12.74B	10.98B	10.95B	12.96B	12.56B	12.11B
Net Debt	8B	9.06B	10.1B	13.52B	12.66B	10.52B	10.75B	12.83B	12.41B	12.05B
Debt / Equity	1.21x	1.34x	1.26x	1.06x	1.02x	0.79x	0.91x	1.48x	1.25x	1.70x
Debt / EBITDA	3.80x	3.63x	3.82x	4.39x	4.09x	3.48x	3.37x	3.84x	3.52x	2.98x
Net Debt / EBITDA	3.76x	3.56x	3.79x	4.36x	4.07x	3.33x	3.31x	3.80x	3.48x	2.96x
Interest Coverage	6.21x	6.79x	6.78x	6.41x	6.46x	7.47x	8.25x	7.51x	7.22x	8.80x
Total Equity+	6.69B	6.88B	8.06B	12.84B	12.47B	13.93B	12.05B	8.73B	10.06B	7.13B
Equity Growth %	0.14%	0.03%	0.17%	0.59%	-0.03%	0.12%	-0.14%	-0.28%	0.15%	-0.29%
Book Value per Share	32.83	33.73	40.16	65.65	65.89	71.32	63.29	45.36	54.71	39.32
Total Shareholders' Equity	6.56B	6.89B	7.98B	12.55B	12.13B	13.6B	11.73B	8.41B	9.74B	6.88B
Common Stock	2.9M	2.9M	2.9M	2.2M	2.2M	2.2M	2.2M	2.1M	2.1M	2.1M
Retained Earnings	6.09B	7.31B	9.16B	14.28B	13.7B	15.12B	14.51B	12.34B	13.42B	12.6B
Treasury Stock	-1.67B	-2.78B	-3.81B	-2.78B	-2.81B	-2.79B	-4.17B	-5.86B	-6.1B	-7.21B
Accumulated OCI	-452.5M	-399.8M	-202.9M	-353.9M	-266.3M	-335.5M	-412.7M	28.5M	376.8M	-662.7M
Minority Interest	132.2M	-6.4M	16.6M	286.2M	342.5M	330.2M	315.9M	320.3M	321.5M	252.8M

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	1.41B	1.7B	1.93B	2.25B	2.55B	2.81B	2.71B	2.76B	2.78B	3.15B
Operating CF Margin %	0.22%	0.23%	0.25%	0.28%	0.31%	0.33%	0.31%	0.29%	0.28%	0.31%
Operating CF Growth %	0.31%	0.2%	0.14%	0.16%	0.14%	0.1%	-0.04%	0.02%	0.01%	0.13%
Net Income	1.06B	1.53B	2.32B	3.46B	21.4M	2.03B	1M	-38.5M	1.77B	-31.1M
Depreciation & Amortization	180.3M	237.5M	293.8M	333.1M	326.5M	293.8M	337.3M	383.8M	427.9M	445.7M
Stock-Based Compensation	54M	56.1M	60.9M	64.1M	60.4M	63M	44.9M	68.5M	63.6M	72.2M
Deferred Taxes	251M	124.8M	-237.4M	389.3M	-1.15B	336.4M	84.8M	207.8M	147.9M	-210.3M
Other Non-Cash Items	-12.1M	-288M	-177.8M	-1.76B	3.38B	-66.8M	2.42B	2.41B	663.2M	3.01B
Working Capital Changes	-160.8M	-23.5M	-323.4M	-237.5M	-83.7M	148.3M	-185.6M	-274.5M	-287.8M	-134.2M
Change in Receivables	-129.8M	-49.4M	-34.1M	-71.9M	-22M	59.6M	-114M	-3.9M	73.2M	90.3M
Change in Inventory	10.1M	-151M	-123.8M	-61.9M	-29.5M	193.7M	-261.3M	-356.4M	-182.3M	-152.2M
Change in Payables	24.7M	115.9M	12.8M	21.4M	16.8M	-95.7M	213.7M	114.9M	24.7M	101.5M
Cash from Investing+	-2.21B	-1.46B	-1.42B	-4.83B	-531M	-87.9M	-1.04B	-999.4M	-1.29B	-974.8M
Capital Expenditures	-891.3M	-907.4M	-1.06B	-886.3M	-726.5M	-864.6M	-1.03B	-1.04B	-1.27B	-1.21B
CapEx % of Revenue	0.14%	0.12%	0.14%	0.11%	0.09%	0.1%	0.12%	0.11%	0.13%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	300K	-18.7M	500K	4.15B	56.9M	19.5M	38.7M	38M	-2.3M	274.3M
Cash from Financing+	776M	-134.8M	-601.2M	2.59B	-2.03B	-2.35B	-1.93B	-1.82B	-1.47B	-2.26B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-241.6M	-315.1M	-400.1M	-557.7M	-569.2M	-575M	-573M	-587.7M	-653.8M	-731.8M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	289.5M	112.1M	-153.9M	15M	-33.8M	-65M	80.7M	-59.5M	-86.4M	-14.5M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	522.4M	788.6M	873.8M	1.36B	1.82B	1.94B	1.68B	1.72B	1.51B	1.94B
FCF Margin %	0.08%	0.11%	0.12%	0.17%	0.22%	0.23%	0.19%	0.18%	0.15%	0.19%
FCF Growth %	0.44%	0.51%	0.11%	0.56%	0.34%	0.06%	-0.14%	0.03%	-0.12%	0.28%
FCF per Share	2.56	3.86	4.35	6.96	9.64	9.94	8.82	8.94	8.21	10.68
FCF Conversion (FCF/Net Income)	1.34x	1.10x	0.84x	0.65x	-216.19x	1.40x	-66.97x	-38.83x	1.61x	-38.72x
Interest Paid	310.4M	300.4M	322.2M	324.8M	448.9M	418.5M	368.5M	386.3M	418.6M	416.1M
Taxes Paid	80.2M	219.6M	238.6M	186.2M	85.3M	189.7M	324.7M	129.7M	333.5M	197.1M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	16.78%	22.61%	30.82%	32.88%	-0.09%	15.13%	-0.31%	-0.68%	18.38%	-0.95%
Return on Invested Capital (ROIC)	10.29%	11.01%	10.03%	8.94%	8.07%	8.65%	9.22%	10.11%	10.68%	13.03%
Gross Margin	46.27%	48.28%	50.41%	50.55%	51.81%	51.9%	52.14%	50.9%	49.28%	50.96%
Net Margin	16.11%	20.94%	30.38%	42.34%	-0.14%	23.2%	-0.46%	-0.75%	17.34%	-0.8%
Debt / Equity	1.21x	1.34x	1.26x	1.06x	1.02x	0.79x	0.91x	1.48x	1.25x	1.70x
Interest Coverage	6.21x	6.79x	6.78x	6.41x	6.46x	7.47x	8.25x	7.51x	7.22x	8.80x
FCF Conversion	1.34x	1.10x	0.84x	0.65x	-216.19x	1.40x	-66.97x	-38.83x	1.61x	-38.72x
Revenue Growth	8.63%	11.98%	3.43%	7.04%	2.81%	3.24%	2.42%	7.17%	5.37%	2.47%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Beer	3.62B	4.23B	4.66B	5.2B	5.62B	6.07B	6.75B	7.46B	8.16B	8.54B
Beer Growth	-	16.75%	10.15%	11.67%	7.95%	8.17%	11.14%	10.57%	9.34%	4.62%
ConstellationWinesAndSpirits	2.93B	3.1B	2.93B	2.91B	2.73B	2.54B	2.07B	1.99B	1.8B	1.67B
ConstellationWinesAndSpirits Growth	-	6.03%	-5.66%	-0.43%	-6.39%	-6.87%	-18.55%	-3.94%	-9.48%	-7.24%

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
UNITED STATES	5.96B	6.81B	7.33B	7.89B	8.12B	8.4B	8.59B	9.19B	9.75B	10.02B
UNITED STATES Growth	-	14.21%	7.67%	7.70%	2.80%	3.45%	2.25%	7.09%	6.02%	2.75%
Non-US	587.5M	523.8M	254.9M	221.2M	227.3M	218.4M	234.9M	258.1M	213.7M	192.3M
Non-US Growth	-	-10.84%	-51.34%	-13.22%	2.76%	-3.92%	7.55%	9.88%	-17.20%	-10.01%

Frequently Asked Questions

Growth & Financials

Constellation Brands, Inc. (STZ) reported $9.38B in revenue for fiscal year 2025. This represents a 254% increase from $2.65B in 2012.

Constellation Brands, Inc. (STZ) grew revenue by 2.5% over the past year. Growth has been modest.

Yes, Constellation Brands, Inc. (STZ) is profitable, generating $1.11B in net income for fiscal year 2025 (-0.8% net margin).

Dividend & Returns

Yes, Constellation Brands, Inc. (STZ) pays a dividend with a yield of 2.54%. This makes it attractive for income-focused investors.

Constellation Brands, Inc. (STZ) has a return on equity (ROE) of -0.9%. Negative ROE indicates the company is unprofitable.

Constellation Brands, Inc. (STZ) generated $1.76B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Constellation Brands, Inc. (STZ) 10-Year Financial Performance & Capital Metrics

STZ • • Industrial / General

Consumer DefensiveWineries & DistilleriesDiversified Beverage ConglomeratesMulti-Category Beverage Leaders

Revenue $10.21B +2.5%
EBITDA $4.07B +14.1%
Net Income -$81M -104.7%
EPS (Diluted) -0.45 -104.8%
Gross Margin 50.96% +3.4%
EBITDA Margin 39.83% +11.4%
Operating Margin 35.45% +12.7%
Net Margin -0.8% -104.6%
ROE -0.95% -105.2%
ROIC 13.03% +22.1%
Debt/Equity 1.70 +36.1%
Interest Coverage 8.80 +21.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 19.0% free cash flow margin
✓Healthy dividend yield of 2.5%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y5.41%

5Y4.12%

3Y4.98%

TTM-7.86%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM61.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM69.52%

ROCE

10Y Avg13.25%

5Y Avg13.72%

3Y Avg15.17%

Latest18.02%

Peer Comparison

Multi-Category Beverage Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
STZConstellation Brands, Inc.	27.52B	158.75	-352.78	2.47%	11.83%	13.87%	7.04%	1.70

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	6.55B	7.33B	7.58B	8.12B	8.34B	8.61B	8.82B	9.45B	9.96B	10.21B
Revenue Growth %	0.09%	0.12%	0.03%	0.07%	0.03%	0.03%	0.02%	0.07%	0.05%	0.02%
Cost of Goods Sold+	3.52B	3.79B	3.76B	4.01B	4.02B	4.14B	4.22B	4.64B	5.05B	5.01B
COGS % of Revenue	0.54%	0.52%	0.5%	0.49%	0.48%	0.48%	0.48%	0.49%	0.51%	0.49%
Gross Profit+	3.03B	3.54B	3.82B	4.1B	4.32B	4.47B	4.6B	4.81B	4.91B	5.2B
Gross Margin %	0.46%	0.48%	0.5%	0.51%	0.52%	0.52%	0.52%	0.51%	0.49%	0.51%
Gross Profit Growth %	0.15%	0.17%	0.08%	0.07%	0.05%	0.03%	0.03%	0.05%	0.02%	0.06%
Operating Expenses+	1.12B	1.29B	1.53B	1.45B	1.55B	1.61B	1.7B	1.82B	1.78B	1.58B
OpEx % of Revenue	0.17%	0.18%	0.2%	0.18%	0.19%	0.19%	0.19%	0.19%	0.18%	0.16%
Selling, General & Admin	1.12B	1.29B	1.38B	1.45B	1.55B	1.61B	1.7B	1.82B	1.78B	1.58B
SG&A % of Revenue	0.17%	0.18%	0.18%	0.18%	0.19%	0.19%	0.19%	0.19%	0.18%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	1.9B	2.25B	2.28B	2.65B	2.77B	2.86B	2.9B	2.99B	3.13B	3.62B
Operating Margin %	0.29%	0.31%	0.3%	0.33%	0.33%	0.33%	0.33%	0.32%	0.31%	0.35%
Operating Income Growth %	0.21%	0.18%	0.01%	0.16%	0.04%	0.03%	0.02%	0.03%	0.05%	0.15%
EBITDA+	2.13B	2.54B	2.67B	3.1B	3.11B	3.16B	3.25B	3.38B	3.56B	4.07B
EBITDA Margin %	0.32%	0.35%	0.35%	0.38%	0.37%	0.37%	0.37%	0.36%	0.36%	0.4%
EBITDA Growth %	0.2%	0.2%	0.05%	0.16%	0%	0.01%	0.03%	0.04%	0.06%	0.14%
D&A (Non-Cash Add-back)	221M	293.9M	386.5M	447.1M	343.2M	299.1M	342.4M	387M	429.2M	447M
EBIT	1.81B	2.42B	2.67B	4.56B	-516.5M	2.93B	662.6M	781.4M	2.66B	335.6M
Net Interest Income+	-305.7M	-329.3M	-334.2M	-402.1M	-428.7M	-382.8M	-352.2M	-397.8M	-433.8M	-411.4M
Interest Income	800K	1.8M	2.3M	12M	0	0	0	0	0	0
Interest Expense	306.5M	331.1M	336.5M	414.1M	428.7M	382.8M	352.2M	397.8M	433.8M	411.4M
Other Income/Expense	-403.4M	-155.2M	58.2M	1.49B	-3.71B	-315.8M	-2.59B	-2.61B	-912.2M	-3.7B
Pretax Income+	1.5B	2.09B	2.34B	4.14B	-945.2M	2.54B	310.4M	383.6M	2.22B	-82.8M
Pretax Margin %	0.23%	0.29%	0.31%	0.51%	-0.11%	0.3%	0.04%	0.04%	0.22%	-0.01%
Income Tax+	440.6M	554.2M	22.7M	685.9M	-966.6M	511.1M	309.4M	422.1M	456.6M	-51.7M
Effective Tax Rate %	0.7%	0.73%	0.98%	0.83%	0.01%	0.79%	-0.13%	-0.19%	0.78%	0.98%
Net Income+	1.05B	1.54B	2.3B	3.44B	-11.8M	2B	-40.4M	-71M	1.73B	-81.4M
Net Margin %	0.16%	0.21%	0.3%	0.42%	-0%	0.23%	-0%	-0.01%	0.17%	-0.01%
Net Income Growth %	0.26%	0.46%	0.5%	0.49%	-1%	170.32%	-1.02%	-0.76%	25.33%	-1.05%
Net Income (Continuing)	1.06B	1.54B	2.32B	3.46B	21.4M	2.03B	1M	-38.5M	1.77B	-31.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	132.2M	-6.4M	16.6M	286.2M	342.5M	330.2M	315.9M	320.3M	321.5M	252.8M
EPS (Diluted)+	5.18	7.52	11.55	17.57	-0.06	10.23	-0.21	-0.37	9.39	-0.45
EPS Growth %	0.24%	0.45%	0.54%	0.52%	-1%	165.21%	-1.02%	-0.76%	26.38%	-1.05%
EPS (Basic)	5.42	7.79	11.55	18.03	-0.06	10.42	-0.21	-0.37	9.42	-0.45
Diluted Shares Outstanding	203.82M	204.1M	200.75M	195.53M	189.31M	195.31M	190.36M	192.54M	183.96M	181.48M
Basic Shares Outstanding	196.75M	199.29M	194.79M	190.57M	189.31M	191.74M	190.36M	192.54M	183.31M	181.48M
Dividend Payout Ratio	0.23%	0.21%	0.17%	0.16%	-	0.29%	-	-	0.38%	-

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	2.98B	3.23B	3.47B	3.68B	3.48B	3.04B	3.33B	3.5B	3.73B	3.72B
Cash & Short-Term Investments	83.1M	177.4M	90.3M	93.6M	81.4M	460.6M	199.4M	133.5M	152.4M	68.1M
Cash Only	83.1M	177.4M	90.3M	93.6M	81.4M	460.6M	199.4M	133.5M	152.4M	68.1M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	857M	837.4M	1.11B	1.27B	1.22B	1.09B	1.12B	1.08B	1.08B	992.7M
Days Sales Outstanding	47.78	41.7	53.3	57.02	53.16	46.13	46.31	41.53	39.59	35.5
Inventory	1.85B	1.96B	2.08B	2.13B	1.37B	1.29B	1.57B	1.9B	2.08B	1.44B
Days Inventory Outstanding	192.14	188.23	202.3	193.76	124.69	113.75	136	149.31	150.14	104.79
Other Current Assets	103.3M	124M	133.4M	144M	775.1M	128.3M	183.8M	258.6M	287.4M	1.07B
Total Non-Current Assets+	13.99B	15.37B	17.06B	25.55B	23.84B	24.06B	22.53B	21.17B	21.96B	17.94B
Property, Plant & Equipment	3.33B	3.93B	4.79B	5.27B	5.81B	6.3B	6.54B	6.87B	8.67B	7.96B
Fixed Asset Turnover	1.96x	1.86x	1.58x	1.54x	1.43x	1.37x	1.35x	1.38x	1.15x	1.28x
Goodwill	7.14B	7.92B	8.08B	8.09B	7.76B	7.79B	7.86B	7.93B	7.98B	5.13B
Intangible Assets	3.4B	3.38B	3.3B	3.2B	2.72B	2.73B	2.76B	2.73B	2.73B	2.53B
Long-Term Investments	0	0	793.7M	6.7B	4.21B	4.61B	2.88B	663.3M	243.6M	206M
Other Non-Current Assets	111.6M	141.4M	93.4M	109.7M	681.4M	136.2M	138.4M	790.9M	281.1M	310M
Total Assets+	16.96B	18.6B	20.54B	29.23B	27.32B	27.1B	25.86B	24.66B	25.69B	21.65B
Asset Turnover	0.39x	0.39x	0.37x	0.28x	0.31x	0.32x	0.34x	0.38x	0.39x	0.47x
Asset Growth %	0.12%	0.1%	0.1%	0.42%	-0.07%	-0.01%	-0.05%	-0.05%	0.04%	-0.16%
Total Current Liabilities+	2.27B	2.7B	1.94B	3.16B	2.31B	1.27B	2.7B	2.97B	3.14B	4.04B
Accounts Payable	429.3M	559.8M	592.2M	616.7M	557.6M	460M	899.2M	941.5M	1.11B	939.8M
Days Payables Outstanding	44.55	53.9	57.49	56.09	50.62	40.53	77.74	74.04	79.98	68.52
Short-Term Debt	1.26B	1.52B	769.1M	1.86B	973.8M	29.2M	928.3M	1.17B	1.2B	2.21B
Deferred Revenue (Current)	0	0	0	0	0	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	203.6M	162.7M	156.4M	214.3M	210.7M	164.8M	174.3M	164.5M	177.6M	196.9M
Current Ratio	1.31x	1.20x	1.79x	1.16x	1.51x	2.40x	1.23x	1.18x	1.19x	0.92x
Quick Ratio	0.50x	0.47x	0.71x	0.49x	0.91x	1.38x	0.65x	0.54x	0.53x	0.56x
Cash Conversion Cycle	195.38	176.03	198.11	194.69	127.24	119.35	104.57	116.81	109.75	71.76
Total Non-Current Liabilities+	8B	9.02B	10.53B	13.23B	12.54B	11.91B	11.11B	12.96B	12.49B	10.48B
Long-Term Debt	6.82B	7.72B	9.42B	11.76B	11.21B	10.41B	9.49B	11.29B	10.68B	9.29B
Capital Lease Obligations	0	0	0	0	483.6M	471.1M	457.3M	417.4M	588.7M	539.1M
Deferred Tax Liabilities	1.02B	1.13B	1.09B	1.03B	384M	569.7M	515.8M	569.5M	591.5M	92.6M
Other Non-Current Liabilities	162.5M	165.7M	0	441M	458.7M	451.2M	543.8M	594.7M	543.9M	550.9M
Total Liabilities	10.27B	11.72B	12.48B	16.39B	14.85B	13.18B	13.81B	15.93B	15.63B	14.52B
Total Debt+	8.08B	9.24B	10.19B	13.62B	12.74B	10.98B	10.95B	12.96B	12.56B	12.11B
Net Debt	8B	9.06B	10.1B	13.52B	12.66B	10.52B	10.75B	12.83B	12.41B	12.05B
Debt / Equity	1.21x	1.34x	1.26x	1.06x	1.02x	0.79x	0.91x	1.48x	1.25x	1.70x
Debt / EBITDA	3.80x	3.63x	3.82x	4.39x	4.09x	3.48x	3.37x	3.84x	3.52x	2.98x
Net Debt / EBITDA	3.76x	3.56x	3.79x	4.36x	4.07x	3.33x	3.31x	3.80x	3.48x	2.96x
Interest Coverage	6.21x	6.79x	6.78x	6.41x	6.46x	7.47x	8.25x	7.51x	7.22x	8.80x
Total Equity+	6.69B	6.88B	8.06B	12.84B	12.47B	13.93B	12.05B	8.73B	10.06B	7.13B
Equity Growth %	0.14%	0.03%	0.17%	0.59%	-0.03%	0.12%	-0.14%	-0.28%	0.15%	-0.29%
Book Value per Share	32.83	33.73	40.16	65.65	65.89	71.32	63.29	45.36	54.71	39.32
Total Shareholders' Equity	6.56B	6.89B	7.98B	12.55B	12.13B	13.6B	11.73B	8.41B	9.74B	6.88B
Common Stock	2.9M	2.9M	2.9M	2.2M	2.2M	2.2M	2.2M	2.1M	2.1M	2.1M
Retained Earnings	6.09B	7.31B	9.16B	14.28B	13.7B	15.12B	14.51B	12.34B	13.42B	12.6B
Treasury Stock	-1.67B	-2.78B	-3.81B	-2.78B	-2.81B	-2.79B	-4.17B	-5.86B	-6.1B	-7.21B
Accumulated OCI	-452.5M	-399.8M	-202.9M	-353.9M	-266.3M	-335.5M	-412.7M	28.5M	376.8M	-662.7M
Minority Interest	132.2M	-6.4M	16.6M	286.2M	342.5M	330.2M	315.9M	320.3M	321.5M	252.8M

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	1.41B	1.7B	1.93B	2.25B	2.55B	2.81B	2.71B	2.76B	2.78B	3.15B
Operating CF Margin %	0.22%	0.23%	0.25%	0.28%	0.31%	0.33%	0.31%	0.29%	0.28%	0.31%
Operating CF Growth %	0.31%	0.2%	0.14%	0.16%	0.14%	0.1%	-0.04%	0.02%	0.01%	0.13%
Net Income	1.06B	1.53B	2.32B	3.46B	21.4M	2.03B	1M	-38.5M	1.77B	-31.1M
Depreciation & Amortization	180.3M	237.5M	293.8M	333.1M	326.5M	293.8M	337.3M	383.8M	427.9M	445.7M
Stock-Based Compensation	54M	56.1M	60.9M	64.1M	60.4M	63M	44.9M	68.5M	63.6M	72.2M
Deferred Taxes	251M	124.8M	-237.4M	389.3M	-1.15B	336.4M	84.8M	207.8M	147.9M	-210.3M
Other Non-Cash Items	-12.1M	-288M	-177.8M	-1.76B	3.38B	-66.8M	2.42B	2.41B	663.2M	3.01B
Working Capital Changes	-160.8M	-23.5M	-323.4M	-237.5M	-83.7M	148.3M	-185.6M	-274.5M	-287.8M	-134.2M
Change in Receivables	-129.8M	-49.4M	-34.1M	-71.9M	-22M	59.6M	-114M	-3.9M	73.2M	90.3M
Change in Inventory	10.1M	-151M	-123.8M	-61.9M	-29.5M	193.7M	-261.3M	-356.4M	-182.3M	-152.2M
Change in Payables	24.7M	115.9M	12.8M	21.4M	16.8M	-95.7M	213.7M	114.9M	24.7M	101.5M
Cash from Investing+	-2.21B	-1.46B	-1.42B	-4.83B	-531M	-87.9M	-1.04B	-999.4M	-1.29B	-974.8M
Capital Expenditures	-891.3M	-907.4M	-1.06B	-886.3M	-726.5M	-864.6M	-1.03B	-1.04B	-1.27B	-1.21B
CapEx % of Revenue	0.14%	0.12%	0.14%	0.11%	0.09%	0.1%	0.12%	0.11%	0.13%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	300K	-18.7M	500K	4.15B	56.9M	19.5M	38.7M	38M	-2.3M	274.3M
Cash from Financing+	776M	-134.8M	-601.2M	2.59B	-2.03B	-2.35B	-1.93B	-1.82B	-1.47B	-2.26B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-241.6M	-315.1M	-400.1M	-557.7M	-569.2M	-575M	-573M	-587.7M	-653.8M	-731.8M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	289.5M	112.1M	-153.9M	15M	-33.8M	-65M	80.7M	-59.5M	-86.4M	-14.5M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	522.4M	788.6M	873.8M	1.36B	1.82B	1.94B	1.68B	1.72B	1.51B	1.94B
FCF Margin %	0.08%	0.11%	0.12%	0.17%	0.22%	0.23%	0.19%	0.18%	0.15%	0.19%
FCF Growth %	0.44%	0.51%	0.11%	0.56%	0.34%	0.06%	-0.14%	0.03%	-0.12%	0.28%
FCF per Share	2.56	3.86	4.35	6.96	9.64	9.94	8.82	8.94	8.21	10.68
FCF Conversion (FCF/Net Income)	1.34x	1.10x	0.84x	0.65x	-216.19x	1.40x	-66.97x	-38.83x	1.61x	-38.72x
Interest Paid	310.4M	300.4M	322.2M	324.8M	448.9M	418.5M	368.5M	386.3M	418.6M	416.1M
Taxes Paid	80.2M	219.6M	238.6M	186.2M	85.3M	189.7M	324.7M	129.7M	333.5M	197.1M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	16.78%	22.61%	30.82%	32.88%	-0.09%	15.13%	-0.31%	-0.68%	18.38%	-0.95%
Return on Invested Capital (ROIC)	10.29%	11.01%	10.03%	8.94%	8.07%	8.65%	9.22%	10.11%	10.68%	13.03%
Gross Margin	46.27%	48.28%	50.41%	50.55%	51.81%	51.9%	52.14%	50.9%	49.28%	50.96%
Net Margin	16.11%	20.94%	30.38%	42.34%	-0.14%	23.2%	-0.46%	-0.75%	17.34%	-0.8%
Debt / Equity	1.21x	1.34x	1.26x	1.06x	1.02x	0.79x	0.91x	1.48x	1.25x	1.70x
Interest Coverage	6.21x	6.79x	6.78x	6.41x	6.46x	7.47x	8.25x	7.51x	7.22x	8.80x
FCF Conversion	1.34x	1.10x	0.84x	0.65x	-216.19x	1.40x	-66.97x	-38.83x	1.61x	-38.72x
Revenue Growth	8.63%	11.98%	3.43%	7.04%	2.81%	3.24%	2.42%	7.17%	5.37%	2.47%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Beer	3.62B	4.23B	4.66B	5.2B	5.62B	6.07B	6.75B	7.46B	8.16B	8.54B
Beer Growth	-	16.75%	10.15%	11.67%	7.95%	8.17%	11.14%	10.57%	9.34%	4.62%
ConstellationWinesAndSpirits	2.93B	3.1B	2.93B	2.91B	2.73B	2.54B	2.07B	1.99B	1.8B	1.67B
ConstellationWinesAndSpirits Growth	-	6.03%	-5.66%	-0.43%	-6.39%	-6.87%	-18.55%	-3.94%	-9.48%	-7.24%

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
UNITED STATES	5.96B	6.81B	7.33B	7.89B	8.12B	8.4B	8.59B	9.19B	9.75B	10.02B
UNITED STATES Growth	-	14.21%	7.67%	7.70%	2.80%	3.45%	2.25%	7.09%	6.02%	2.75%
Non-US	587.5M	523.8M	254.9M	221.2M	227.3M	218.4M	234.9M	258.1M	213.7M	192.3M
Non-US Growth	-	-10.84%	-51.34%	-13.22%	2.76%	-3.92%	7.55%	9.88%	-17.20%	-10.01%

Frequently Asked Questions

Growth & Financials

Constellation Brands, Inc. (STZ) reported $9.38B in revenue for fiscal year 2025. This represents a 254% increase from $2.65B in 2012.

Constellation Brands, Inc. (STZ) grew revenue by 2.5% over the past year. Growth has been modest.

Yes, Constellation Brands, Inc. (STZ) is profitable, generating $1.11B in net income for fiscal year 2025 (-0.8% net margin).

Dividend & Returns

Yes, Constellation Brands, Inc. (STZ) pays a dividend with a yield of 2.54%. This makes it attractive for income-focused investors.

Constellation Brands, Inc. (STZ) has a return on equity (ROE) of -0.9%. Negative ROE indicates the company is unprofitable.

Constellation Brands, Inc. (STZ) generated $1.76B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.