← Screener

STZConstellation Brands

Consumer staples · Beverages · NYSE

Compare with peers → Embed

FY2026 at a glance

Sales down 10.5%, free cash flow down to $1.8B

XBRL, from each 10-K

RevenueStatements ↓

$9.1B

from $10.2B in FY2025

FY2016FY2026

Net incomeStatements ↓

$1.7B

from -$81.4M in FY2025

FY2016FY2026

Free cash flowStatements ↓

$1.8B

from $1.9B in FY2025

FY2016FY2026

Operating marginStatements ↓

29.8%

from 3.5% in FY2025

FY2016FY2026

Total debtStatements ↓

$10.6B

from $11.5B in FY2025

FY2016FY2026

Price and key numbers

The latest figures

All key numbers (34, from the latest 10-K and 10-Q) From EDGAR

EPS (ttm)	-	Sales (ttm)	9.2B	Net income (ttm)	1.9B	Sales growth	-10.5%	EPS growth	-	Sales Q/Q	+6.1%
Free cash flow	1.8B	Gross margin	52.7%	Oper. margin	30.2%	Net margin	20.9%	FCF margin	20.0%	ROE	22.4%
ROA	8.7%	R&D / sales	-	Dividend	-	Debt/Eq	1.20	Curr. ratio	1.00	Cash	98.5M
Op. cash flow (ttm)	2.7B	EBITDA	3.1B	EBITDA margin	34.4%	Net debt	10.2B	Quick ratio	0.51	Interest cover	7.53
ROIC	10.6%	Tax rate	26.1%	Stock pay / sales	0.7%	Asset turnover	0.42	Inventory turns	3.09	Days sales out.	26
Sales 3Y CAGR	-1.1%	Sales 5Y CAGR	+1.2%	Employees	9,400	Sales / employee	980K

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

Changes in the numbers

FY2026 against FY2025

Revenue growth slowed to -10.5%+2.5% → -10.5% · Revenue FY2026 / revenue FY2025 − 1, against the same a year earlier · 10-K ↗
Operating margin widened to 29.8%3.5% → 29.8% · Operating income / revenue · 10-K ↗
Net income turned to a profit−$81.4M → $1.7B · Net income attributable to the company · 10-K ↗

What management wrote about it → · Every company →

STZ against Consumer staples peers

Ten years, side by side → · All 34 →

STZPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 34 companies, the better end on the right. Hover a dot for the company.

Sales growth

-10.5%33rd of 33 · median +2.1%

Net margin

20.9%5th of 33 · median 8.0%

Return on equity

22.4%11th of 29 · median 18.6%

Free cash flow margin

20.0%6th of 33 · median 10.7%

Debt / equity (less is better)

1.2023rd of 29 · median 0.82

STZ and the 5 peers closest in revenue
Company	Revenue (ttm)	Sales growth	Gross margin	Net margin	ROE	FCF margin	Debt / equity
STZ Constellation Brands	$9.2B	-10.5%	52.7%	20.9%	22.4%	20.0%	1.20
HRL Hormel Foods	$12.1B	+1.6%	15.7%	2.8%	4.4%	6.4%	0.36
MNST Monster Beverage	$9.6B	+10.7%	55.3%	22.7%	22.1%	20.0%	0.04
SJM J.M. Smucker	$9.2B	+3.7%	38.7%	2.5%	4.0%	17.3%	1.17
MKC McCormick & Company	$7.7B	+1.7%	39.1%	19.4%	21.3%	12.0%	0.72
CLX Clorox	$7.6B	+0.2%	44.7%	11.9%	-	10.7%	-

Where each dollar goes

FY2024FY2026

From $10.0B of sales to $1.7B of profit

FY2024, from the 10-K income statement and revenue by segment

Swipe sideways for the whole flow →

From $9.1B of sales to $1.7B of profit

FY2026, from the 10-K income statement and revenue by segment

Swipe sideways for the whole flow →

Where each $100 of sales went

FY2024

$50$19$14$17

FY2026

$48$22$11$18

Cost of revenue
Sales, admin & other
Tax & other
Net profit

Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. Revenue by part only for the years in the last two 10-Ks' segment tables. The full income statement →

Profitability

2 of 4

✓
Net margin above the peer median20.9% vs 8.0%
!
Gross margin down over 5 years51.8% → 51.6%
✓
Return on equity above 15%22.4%
!
A profit in 6 of 10 years

Net margin, FY2016 to FY2026: 20.9% → 18.5%

Balance sheet

1 of 4

✓
Interest covered more than 5 timesOperating income is 7.5× interest expense
!
Debt larger than equityDebt / equity 1.20 on the latest balance sheet (peer median 0.82)
!
Current ratio below 1Current ratio 1.00
!
Net debt over 3 years of free cash flow$10.2B net debt, 5.6 years

Debt / equity at each year end, FY2016 to FY2026: 1.34 → 1.31

What the debt is made of ↓

Cash and shareholders

2 of 2

✓
Free cash flow positive in every one of 10 years$1.8B last year
✓
Cash from operations above net income$2.7B vs $1.7B

Free cash flow, FY2016 to FY2026: 788.6M → 1.8B

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

Debt

$10.3B of principal due, schedule of Aug 31, 2026

Repayment schedule →

From the balance sheet in the latest 10-K or 10-Q (XBRL). When each part falls due, year by year, and the debt note's own lines are on the Debt tab.

Revenue and net income, FY2016 to FY2026

Revenue 9.1B Net income 1.7B

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

Statements

Income statement, balance sheet and cash flow

XBRL, each 10-K and 10-Q

STZ's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly

Revenue9.1B

Net income1.7B

Free cash flow1.8B

Revenue by business segment

year to Feb 28, 2026

	Revenue	Share	vs year before
Beer	8.3B	91.0%	-2.6%
Constellation Wines And Spirits	823.8M	9.0%	-50.6%
Corporate And Other	0	0.0%	-

10-K 0000016918-26-000011, segment and revenue notes (XBRL).

Income statement

From EDGAR

	FY2016	FY2018	FY2018	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	7.3B	7.6B	8.1B	8.3B	8.6B	8.8B	9.5B	10.0B	10.2B	9.1B
Cost of revenue	3.8B	3.8B	4.0B	4.2B	4.1B	4.1B	4.7B	4.9B	4.9B	4.4B
Gross profit	3.5B	3.8B	4.1B	4.2B	4.5B	4.7B	4.8B	5.0B	5.3B	4.7B
SG&A	1.4B	1.5B	1.7B	1.6B	1.7B	1.7B	1.9B	1.8B	1.9B	1.8B
Operating income	2.4B	2.3B	2.4B	2.2B	2.8B	2.3B	2.8B	3.2B	354.9M	2.7B
Interest expense	335.1M	334.3M	379.1M	448.9M	418.5M	368.5M	-415.9M	443.6M	418.4M	361.6M
Pretax income	2.1B	2.3B	4.1B	-945.2M	2.5B	310.4M	383.6M	2.2B	-82.8M	2.4B
Income tax	550.3M	22.7M	685.9M	-966.6M	511.1M	309.4M	422.1M	456.6M	-51.7M	621.0M
Net income	1.5B	2.3B	3.4B	-11.8M	2.0B	-40.4M	-71.0M	1.7B	-81.4M	1.7B
Depreciation & amortization	247.9M	299.7M	339.1M	332.2M	299.1M	342.4M	387.0M	429.2M	447.0M	420.0M
EBITDA	2.6B	2.6B	2.8B	2.5B	3.1B	2.7B	3.2B	3.6B	801.9M	3.1B
Gross margin	48.1%	50.3%	50.3%	49.8%	51.8%	53.4%	50.5%	50.4%	52.1%	51.6%
Operating margin	32.6%	30.1%	29.7%	25.8%	32.4%	26.4%	30.1%	31.8%	3.5%	29.8%
Net margin	20.9%	30.4%	42.3%	-0.1%	23.2%	-0.5%	-0.8%	17.3%	-0.8%	18.5%
Revenue growth	-	+3.5%	+7.1%	+2.8%	+3.3%	+2.4%	+7.2%	+5.4%	+2.5%	-10.5%

Balance sheet

From EDGAR

	FY2016	FY2018	FY2018	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash	177.4M	90.3M	93.6M	81.4M	460.6M	199.4M	133.5M	152.4M	68.1M	102.4M
Receivables	737.0M	776.2M	846.9M	864.8M	785.3M	899.0M	901.6M	832.8M	736.5M	658.2M
Inventory	2.0B	2.1B	2.1B	1.4B	1.3B	1.6B	1.9B	2.1B	1.4B	1.4B
Current assets	3.2B	3.5B	3.7B	3.5B	3.0B	3.3B	3.5B	3.7B	3.7B	2.9B
Property & equipment	3.9B	4.8B	5.3B	5.3B	5.8B	6.1B	6.9B	8.1B	7.4B	-
Goodwill	7.9B	8.1B	8.1B	7.8B	7.8B	7.9B	7.9B	8.0B	5.1B	5.2B
Total assets	18.6B	20.5B	29.2B	27.3B	27.1B	25.9B	24.7B	25.7B	21.7B	21.9B
Accounts payable	559.8M	592.2M	616.7M	557.6M	460.0M	899.2M	941.5M	1.1B	939.8M	960.2M
Current liabilities	2.7B	2.0B	3.2B	2.3B	1.3B	2.7B	3.0B	3.1B	4.0B	2.7B
Total debt	9.2B	10.2B	13.6B	12.2B	10.4B	10.4B	12.5B	11.9B	11.5B	10.6B
Total liabilities	11.7B	12.5B	16.4B	14.8B	13.2B	13.8B	15.9B	15.6B	14.5B	13.5B
Shareholders' equity	6.9B	8.0B	12.6B	12.1B	13.6B	11.7B	8.4B	9.7B	6.9B	8.1B
Retained earnings	7.3B	9.2B	14.3B	13.7B	15.1B	14.5B	12.3B	13.4B	12.6B	13.6B

Cash flow

From EDGAR

	FY2016	FY2018	FY2018	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	1.7B	1.9B	2.2B	2.6B	2.8B	2.7B	2.8B	2.8B	3.2B	2.7B
Capital spending	907.4M	1.1B	886.3M	726.5M	864.6M	1.0B	1.0B	1.3B	1.2B	875.0M
Free cash flow	788.6M	873.8M	1.4B	1.8B	1.9B	1.7B	1.7B	1.5B	1.9B	1.8B
Stock-based pay (added back)	56.1M	60.9M	64.1M	60.4M	63.0M	44.9M	68.5M	63.6M	72.2M	67.7M
Dividends paid	315.1M	400.1M	557.7M	569.2M	575.0M	573.0M	587.7M	653.8M	731.8M	715.7M
Buybacks	1.1B	1.0B	504.3M	50.0M	0	1.4B	1.7B	249.7M	1.1B	924.1M
Acquisitions	1.1B	150.1M	45.6M	36.2M	19.9M	53.5M	37.1M	7.5M	158.7M	0
Debt raised	2.0B	7.9B	3.7B	1.3B	1.2B	995.6M	3.3B	1.1B	0	997.7M
Debt repaid	971.8M	7.1B	62.8M	2.2B	2.7B	1.4B	2.2B	809.7M	957.0M	1.4B
Investing cash flow	-1.5B	-1.4B	-4.8B	-531.0M	-87.9M	-1.0B	-999.4M	-1.3B	-974.8M	16.5M
Financing cash flow	-134.8M	-601.2M	2.6B	-2.0B	-2.3B	-1.9B	-1.8B	-1.5B	-2.3B	-2.7B

Stock-based pay and leases

From EDGAR

	FY2016	FY2018	FY2018	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Stock-based pay (expense)	56.1M	60.9M	64.1M	60.4M	63.0M	44.9M	68.5M	63.6M	72.2M	67.7M
Stock-based pay / revenue	0.8%	0.8%	0.8%	0.7%	0.7%	0.5%	0.7%	0.6%	0.7%	0.7%
Operating lease cost	-	-	-	98.9M	93.4M	89.5M	96.2M	98.2M	112.6M	126.8M
Operating lease cash paid	-	-	-	100.7M	93.9M	92.7M	99.7M	99.5M	114.8M	132.3M
Finance lease principal paid	-	-	-	13.8M	10.5M	5.9M	8.8M	9.7M	7.0M	4.4M
Right-of-use assets	-	-	0	481.4M	-	478.9M	442.5M	615.3M	545.7M	582.4M
Operating lease liabilities	-	-	0	560.2M	539.9M	537.7M	498.8M	678.3M	615.8M	634.1M
Finance lease liabilities	-	-	-	25.3M	15.5M	19.9M	26.2M	17.8M	8.7M	11.2M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

Next Peers in numbers →