CONSTELLATION BRANDS, INC. STZ

Consumer staples SIC 2080 - Beverages NYSE

We are an international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy with powerful, consumer-connected, high-quality brands like Modelo Especial, Corona Extra, Pacifico, Victoria, Kim Crawford, Ruffino, The Prisoner Wine Company, Robert Mondavi Winery, Mi CAMPO, and High West. In the U.S., we are one of the top dollar share gainers among beverage alcohol suppliers. We are also the second-largest beer company and have the #1 beer brand, Modelo Especial, in dollar sales in the U.S. We continued to strengthen our leadership position in the U.S. beer market as the #1 dollar share gainer in the overall U.S. beer market, and the #2 dollar share gainer in the high-end. Within wine and spirits, we have implemented a multi-year strategy that repositioned this business to a portfolio of exclusively higher-end brands that we believe is positioned for long-term growth, aligned to our focus on consumer-led premiumization trends, and we continue to progressively expand our supply channels through DTC and international markets. The strength of our brands makes us a supplier of choice to many of our consumers and our Customers, which include wholesale distributors and retailers. We conduct our business through entities we wholly own as well as through a variety of joint ventures and other entities.

Last close 128.18 2026-09-04
Market cap
52-week range 126.45 - 168.60

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $9.14B$10.21B$9.96B$9.45B$8.82B$8.61B$8.34B$8.12B$7.58B$7.32B
Cost of revenue $4.43B$4.89B$4.94B$4.68B$4.11B$4.15B$4.19B$4.04B$3.77B$3.80B
Gross profit $4.71B$5.31B$5.02B$4.77B$4.71B$4.47B$4.15B$4.08B$3.81B$3.52B
SG&A $1.85B$1.95B$1.83B$1.93B$1.71B$1.67B$1.62B$1.67B$1.53B$1.39B
Operating income $2.72B$354.9M$3.17B$2.84B$2.33B$2.79B$2.15B$2.41B$2.28B$2.39B
Interest expense $361.6M$418.4M$443.6M$415.9M$379.1M$334.3M$335.1M
Pre-tax income $2.38B-$82.8M$2.22B$383.6M$310.4M$2.54B-$945.2M$4.14B$2.34B$2.08B
Income tax $621.0M$51.7M$456.6M$422.1M$309.4M$511.1M$966.6M$685.9M$22.7M$550.3M
Net income $1.76B-$31.1M$1.77B-$38.5M$1.0M$2.00B-$11.8M$3.44B$2.30B$1.53B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $102.4M$68.1M$152.4M$133.5M$199.4M$460.6M$81.4M$93.6M$90.3M$177.4M
Receivables $658.2M$736.5M$832.8M$901.6M$899.0M$785.3M$864.8M$846.9M$776.2M$737.0M
Inventory $1.43B$1.44B$2.08B$1.90B$1.57B$1.29B$1.37B$2.13B$2.08B$1.96B
Total current assets $2.91B$3.72B$3.73B$3.50B$3.33B$3.04B$3.48B$3.68B$3.47B$3.23B
Property, plant and equipment $5.82B$5.33B$5.27B$4.79B$3.93B
Goodwill $5.23B$5.13B$7.98B$7.93B$7.86B$7.79B$7.76B$8.09B$8.08B$7.92B
Other intangibles $2.53B$2.53B$2.73B$2.73B$2.76B$2.73B$2.72B$3.20B$3.30B$3.38B
Total assets $21.90B$21.65B$25.69B$24.66B$25.86B$27.10B$27.32B$29.23B$20.54B$18.60B
Accounts payable $960.2M$939.8M$1.11B$941.5M$899.2M$460.0M$557.6M$616.7M$592.2M$559.8M
Short-term debt $603.6M$1.40B$956.8M$9.5M$605.3M$29.2M$734.9M$1.07B$22.3M$910.9M
Total current liabilities $2.69B$4.04B$3.14B$2.97B$2.70B$1.27B$2.31B$3.16B$2.04B$2.70B
Long-term debt $9.69B$9.29B$10.68B$11.29B$9.49B$10.41B$11.21B$11.76B$9.42B$7.72B
Total liabilities $13.51B$14.52B$15.63B$15.93B$13.81B$13.18B$14.85B$16.39B$12.55B$11.72B
Retained earnings $13.57B$12.60B$13.42B$12.34B$14.51B$15.12B$13.70B$14.28B$9.16B$7.31B
Total equity $8.08B$6.88B$10.06B$8.73B$12.05B$13.93B$12.47B$12.84B$7.99B$6.83B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $2.67B$3.15B$2.78B$2.76B$2.71B$2.81B$2.55B$2.25B$1.93B$1.70B
Depreciation and amortisation $420.0M$447.0M$429.2M$387.0M$342.4M$299.1M$332.2M$339.1M$299.7M$247.9M
Stock-based compensation $67.7M$72.2M$63.6M$68.5M$44.9M$63.0M$60.4M$64.1M$60.9M$56.1M
Capital expenditure $875.0M$1.21B$1.27B$1.04B$1.03B$864.6M$726.5M$886.3M$1.06B$907.4M
Investing cash flow $16.5M-$974.8M-$1.29B-$999.4M-$1.04B-$87.9M-$531.0M-$4.83B-$1.42B-$1.46B
Financing cash flow -$2.66B-$2.26B-$1.47B-$1.82B-$1.93B-$2.35B-$2.03B$2.59B-$601.2M-$134.8M
Dividends paid $715.7M$731.8M$653.8M$587.7M$573.0M$575.0M$569.2M$557.7M$400.1M$315.1M
Buybacks $924.1M$1.12B$249.7M$1.70B$1.39B$0$50.0M$504.3M$1.04B$1.12B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000016918-26-000023.

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