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STZConstellation Brands, Inc.
$116.57$19.9B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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STZ logo

Constellation Brands, Inc.

STZ
NYSE · Wineries & Distilleries
$116.57
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$19.91B
P/E12.1x
52W High$168.60
Volume1.48M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

Margin Expansion Masks Beer Volume Concerns

Constellation Brands exhibits strong margin expansion driven by pricing power and cost efficiencies, with gross margins reaching 54.3% in Q1 2027. However, persistent revenue declines over five of the last six quarters, including a 3.3% drop in Q1 2027, raise ...

GrowthDecelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

STZ price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-44% Peers

P/E is 44% below peer median

03

Market leadership

RS 25 · Lag

Laggard (Underperforming 75% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Sep 30
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue declined 3.3% year-over-year in Q1 2027, but gross margin expanded to 54.3% from 50.4% a year ago, reflecting pricing power and cost management.

Analyst Consensus+39.4% target
Buy(46 analysts)
25 Buy20 Hold1 Sell

The Bull Case

Upside Catalysts

Premium Mexican beer focus

Constellation Brands has a durable, cash-generating business centered on premium Mexican beer, which is a key driver of its financial performance.

Strong brand portfolio

The company's brand strength, particularly in high-end wines and spirits, supports its market position and growth potential.

Steady cash flow

Constellation Brands generates consistent cash flow, providing financial stability and opportunities for reinvestment or shareholder returns.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
STZ-15.24%
S&P 500 (^GSPC)+12.39%
1-Year Return
STZ-8.43%
S&P 500 (^GSPC)+15.77%
3-Year Return
STZ-49.88%
S&P 500 (^GSPC)+76.53%
5-Year Return
STZ-36.91%
S&P 500 (^GSPC)+70.39%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
12.1x
Forward P/EExpansion
9.9x
EV/EBITDA0th %ile
9.4x
FCF YieldCash Flow
9.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
12.1x
26.5x
0th· Low
EV/EBITDA
9.4x
16.0x
0th· Low
Price/FCF
11.1x
24.5x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$115.96-0.5%
Base (Fair)$253.13+112.8%
Bull$360.44+209.2%
$115.96 Bear$253.13 Base$360.44 Bull
Current Market Price: $116.57
Trades at a 53.9% discount to Base DCF ($253.13)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$9.14B-10.5% YoY
Net income
$1.69B+2172.1% YoY
Free cash flow
$1.79B-7.4% YoY
Operating margin
31.3%-4.1 pts YoY
ROIC (TTM)11.1%
Avg ROIC 5Y-
ROE (TTM)21.7%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jun 30, 2026
$3.43+6.5%
vs $3.22
$2.4B+1.9%
vs $2.4B
Q2 2026
Apr 8, 2026
$1.90+11.1%
vs $1.71
$1.9B+2.1%
vs $1.9B
Q1 2026
Jan 7, 2026
$3.06+16.3%
vs $2.63
$2.2B+3.2%
vs $2.2B
Q4 2025
Oct 6, 2025
$3.63+7.4%
vs $3.38
$2.5B+1.0%
vs $2.5B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
MarketBeat·Sep 13, 2026
Constellation Brands Refines Beer Playbook, Reaffirms Full-Year Outlook

Constellation Brands NYSE: STZ executives said the company is refining its growth strategy across its beer portfolio, increasing focus on consumer occasions, brand-specific playbooks and supply-chain productivity while maintaining its outlook for the current fiscal year.

GlobeNewsWire·Sep 10, 2026
Constellation Brands to Report Second Quarter Fiscal 2027 Financial Results on October 6, 2026, After Market Close and Host Conference Call on October 7, 2026, at 8:00 AM ET

ROCHESTER, N.Y., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2026, on Tuesday, October 6, 2026, after the close of the U.S. markets by posting the earnings release and financial tables, as well as other supporting materials, on the company's investor relations website at ir.cbrands.com. A live conference call will be hosted at 8:00 a.m. ET on Wednesday, October 7, 2026, for analysts to discuss the company's financial results, operating performance, strategic business initiatives, and financial outlook with President and Chief Executive Officer, Nicholas Fink, and Executive Vice President and Chief Financial Officer, Garth Hankinson.

GlobeNewsWire·Sep 8, 2026
Constellation Brands Announces Delivery of Notice of Redemption for 4.350% Senior Notes Due 2027

ROCHESTER, N.Y., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 4.350% Senior Notes due 2027 (CUSIP Number: 21036P BK3) to be effected on September 18, 2026. As of September 8, 2026, there were $600.0 million in aggregate principal amount of the notes outstanding.

Seeking Alpha·Sep 8, 2026
Constellation Brands, Inc. (STZ) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

Constellation Brands, Inc. (STZ) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

Filtered for Constellation Brands, Inc.More Headlines
04

Compare before deciding

Benchmark STZ against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Constellation Brands, Inc. (STZ)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
STZ logoSTZConstellation Brands, Inc.Current
$116.57$19.91B12.13-10.47%18.46%21.73%3.5%
BUD logoBUDAnheuser-Busch InBev SA/NV
$77.06$148.81B22.27-0.75%13.04%16.84%—
TAP logoTAPMolson Coors Beverage Company
$36.62$6.87B-3.38-4.18%-20.81%-21.98%—
SAM logoSAMThe Boston Beer Company, Inc.
$167.69$1.75B16.963.69%-3.36%-8.89%—
DEO logoDEODiageo plc
$86.11$47.87B20.31-0.12%10.23%31.29%—
MGPI logoMGPIMGP Ingredients, Inc.
$12.94$277.1M-2.59-23.77%-48.4%-35.32%—

Compare STZ vs Peers

Constellation Brands, Inc. (STZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BUD

Most directly comparable listed peer for STZ.

Scale Benchmark

vs KO

Larger-name benchmark to compare STZ against a more recognizable public peer.

Peer Set

Compare Top 5

vs BUD, TAP, SAM, DEO

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

STZ SEC Filings & Documents

Constellation Brands, Inc. (STZ) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 30, 2026·SEC

Material company update

May 21, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

3
FY 2026

Apr 22, 2026·SEC

FY 2025

Apr 23, 2025·SEC

FY 2024

Apr 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 1, 2026·SEC

FY 2026

Jan 8, 2026·SEC

FY 2025

Oct 7, 2025·SEC

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STZ Frequently Asked Questions

Constellation Brands, Inc. (STZ) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Constellation Brands, Inc.'s revenue?

Constellation Brands, Inc. (STZ) reported $9.06B in revenue for fiscal year 2026. This represents a 698% increase from $1.14B in 1997.

How fast is Constellation Brands, Inc. growing?

Constellation Brands, Inc. (STZ) saw revenue decline by 10.5% over the past year.

Is STZ profitable?

Yes, Constellation Brands, Inc. (STZ) is profitable, generating $1.82B in net income for fiscal year 2026 (18.5% net margin).

Dividend & Returns
Does STZ pay dividends?

Yes, Constellation Brands, Inc. (STZ) pays a dividend with a yield of 3.50%. This makes it attractive for income-focused investors.

What is STZ's return on equity?

Constellation Brands, Inc. (STZ) has a return on equity (ROE) of 21.7%. This is excellent, indicating efficient use of shareholder capital.

What is Constellation Brands, Inc.'s free cash flow?

Constellation Brands, Inc. (STZ) generated $1.83B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in STZ back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →