
Constellation Brands, Inc.
NYSE•STZ
CEO: Mr. William A. Newlands
Sector: Consumer Defensive
Industry: Beverages - Wineries & Distilleries
Listing Date: 1992-03-17
Constellation 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. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. The company 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.
Contact Information
Market Cap
$27.96B
P/E (TTM)
25.3
21.9
Dividend Yield
2.5%
52W High
$196.91
52W Low
$126.45
52W Range
Rank28Top 16.1%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2026 Data
Revenue
$2.22B-9.77%
4-Quarter Trend
EPS
$2.88-15.29%
4-Quarter Trend
FCF
$370.90M-18.80%
4-Quarter Trend
2026 Q3 Earnings Highlights
Key Highlights
Consolidated Sales Decline Net sales totaled $2.22B for the quarter, down 10%, primarily due to the 2025 Wine Divestitures impact.
Gross Margin Expansion Consolidated gross profit margin improved to 53.2% from 52.1%, driven by divestitures and favorable beer pricing.
Debt Reduction Achieved Total debt outstanding decreased 7% to $10.66B as of November 30, 2025, utilizing divestiture proceeds for repayment.
Beer Segment Stability Beer net sales were $2.01B, down only 1%, as pricing gains offset a 2.2% decline in shipment volumes.
Risk Factors
Wine and Spirits Portfolio Loss Wine and Spirits segment net sales dropped 51% to $213.1M following the completion of major brand divestitures.
Restructuring Cost Recognition Recognized $56.4M in pre-tax restructuring costs during the nine months ended November 30, 2025, for the initiative.
Tax Rate Volatility Effective tax rate for the quarter rose sharply to 17.4% compared to 6.6% in the prior year period.
Socioeconomic Demand Pressure Beer shipments trailed depletions as softer consumer demand trends continue to suppress overall net sales growth.
Outlook
Restructuring Savings Target 2025 Restructuring Initiative expects over $200M in net annualized cost savings to be fully realized by Fiscal 2028.
Beer Expansion Activities Focus remains on upholding U.S. high-end leadership and expanding capacity via ongoing Mexico Beer Projects.
Wine Portfolio Premiumization Wine and Spirits strategy focuses on exclusively higher-end brands to drive growth and improve margins beyond Fiscal 2026.
Capital Return Expectation Management currently expects to return $4.0B to stockholders via share repurchases between Fiscal 2026 through Fiscal 2028.
Peer Comparison
Revenue (TTM)
$60.11B
TSN$55.13B
DG$42.12B
Gross Margin (Latest Quarter)
STZ53.2%
CHD45.8%
45.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DG | $32.59B | 25.5 | 16.3% | 52.0% |
| K | $29.03B | 22.7 | 31.9% | 39.6% |
| STZ | $27.96B | 25.3 | 15.1% | 49.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.9%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Apr 7, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2026
Period End: Nov 30, 2025|Filed: Jan 8, 2026|Revenue: $2.22B-9.8%|EPS: $2.88-15.3%BeatForm 10-Q - Q2 2026
Period End: Aug 31, 2025|Filed: Oct 7, 2025|Revenue: $2.48B-15.0%|EPS: $2.65-140.2%MissForm 10-Q - Q1 2026
Period End: May 31, 2025|Filed: Jul 2, 2025|Revenue: $2.51B-5.5%|EPS: $2.90-39.6%MissForm 10-K - FY 2025
Period End: Feb 28, 2025|Filed: Apr 23, 2025|Revenue: $10.21B+2.5%|EPS: $-0.45-104.8%MissForm 10-Q - Q3 2025
Period End: Nov 30, 2024|Filed: Jan 10, 2025|Revenue: $2.46B-0.3%|EPS: $3.40+22.7%MeetForm 10-Q - Q2 2025
Period End: Aug 31, 2024|Filed: Oct 3, 2024|Revenue: $2.92B+2.9%|EPS: $-6.59-275.3%MissForm 10-Q - Q1 2025
Period End: May 31, 2024|Filed: Jul 3, 2024|Revenue: $2.66B+5.8%|EPS: $4.80+548.6%BeatForm 10-K - FY 2024
Period End: Feb 29, 2024|Filed: Apr 23, 2024|Revenue: $9.96B+5.4%|EPS: $9.42+2645.9%Beat