Companies / STZ

Constellation Brands, Inc. (STZ) financials and KPIs

Constellation Brands, Inc. reported revenue of $9.14B for fiscal 2026, down 10.5% from fiscal 2025. Net income was $1.69B and free cash flow was $1.79B.

Key ratios

Fiscal quarterQ2 2026Q3 2026Q4 2026Q1 2027Q2 2027
Revenue$2.48B$2.37B$1.92B$2.43B$2.63B
Gross Margin %52.849.849.654.352.9
Operating Income$874.00M$692.00M$441.60M$845.30M$805.00M
Operating Margin %35.229.123.034.730.6
Net Income—————
Earnings Per Share$2.65$2.88———
Dividends$1.02$1.02$1.02——
Payout Ratio %38.535.4———
Shares—————
Book Value Per Share—————
Operating Cash Flow$852.10M$616.90M$562.80M$661.80M$816.80M
Cap Spending-$217.30M-$246.00M-$218.90M-$177.20M-$176.90M
Free Cash Flow$634.80M$370.90M$343.90M$484.60M$639.90M
Free Cash Flow Per Share—————
Working Capital$219.50M$735.90M$216.50M-$288.00M-$4.30M
Fiscal year20222023202420252026
Revenue$8.82B$9.45B—$10.21B$9.14B
Gross Margin %53.450.5—52.151.6
Operating Income$2.33B$2.84B$3.17B$354.90M$2.72B
Operating Margin %26.430.1—3.529.8
Net Income-$40.40M-$71.00M$1.73B-$81.40M$1.69B
Earnings Per Share——$9.38-$0.45$9.61
Dividends$3.04$3.20$3.56$4.04$4.08
Payout Ratio %——38.0—42.5
Shares——184.2M181.5M175.6M
Book Value Per Share——$52.91$37.92$46.04
Operating Cash Flow$2.71B$2.76B$2.78B$3.15B$2.67B
Cap Spending-$1.03B-$1.04B-$1.27B-$1.21B-$875.00M
Free Cash Flow$1.68B$1.72B$1.51B$1.94B$1.79B
Free Cash Flow Per Share——$8.20$10.68$10.22
Working Capital$630.90M$527.80M$587.80M-$318.80M$216.50M

Operating KPIs

As Constellation Brands, Inc. reports them, quarter by quarter.

Fiscal quarterQ3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027Q2 2027
Comparable Net Sales$2.46B$2.16B$2.23B$2.48B$2.22B$1.92B$2.43B$2.63B

Sources

Figures come from Constellation Brands, Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Earnings per share, dividends and share counts are restated for stock splits, so they sit on today's share count. Shares are the diluted weighted average, and a quarter the company does not report separately is worked out from its year-to-date figures. Earnings per share in such a quarter can differ by a few cents from a figure the company states elsewhere. Gross margin appears only where the company reports gross profit. Payout ratio is dividends over earnings per share. Book value per share is shareholders' equity over those diluted shares, and free cash flow per share uses the same count. Free cash flow is operating cash flow less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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