STZ Financials Constellation Brands

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 10, 2026, 11:04 UTC Overview →

Growth & profitability

Revenue has grown 1.2% per year over the past 5 years.
Net income has grown slower than revenue (-3.3% vs 1.2% per year).
Operating margin has contracted, at 29.8% in the latest year.
Free cash flow has declined 1.6% per year over the past 5 years.

Financial health

Total debt ($10.6B) exceeds cash ($102M); net debt is $10.5B.
Total debt has grown in line with revenue (0.2% vs 1.2% per year).
Operating income covered interest expense 7.5× in the latest year.
Total debt is 3.4× EBITDA.

Shareholder returns

Dividends have been paid for 11 consecutive years, consuming 42.4% of earnings and 39.9% of free cash flow.
The dividend has grown 4.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$9.1B	$1.7B	51.6%	29.8%	20.9%	7.7%	$1.8B	$10.6B	$102M
2025	$10.2B	-$81M	52.1%	3.5%	-1.2%	-0.4%	$1.9B	$11.5B	$68M
2024	$10.0B	$1.7B	50.4%	31.8%	17.7%	6.7%	$1.5B	$11.9B	$152M
2023	$9.5B	-$71M	50.5%	30.1%	-0.8%	-0.3%	$1.7B	$12.5B	$134M
2022	$8.8B	-$40M	53.4%	26.4%	-0.3%	-0.2%	$1.7B	$10.4B	$199M
2021	$8.6B	$2.0B	51.8%	32.4%	14.7%	7.4%	$1.9B	$10.4B	$461M
2020	$8.3B	-$12M	49.8%	25.8%	-0.1%	-0.0%	$1.8B	$12.2B	$81M
2019	$8.1B	$3.4B	50.3%	29.7%	27.4%	11.8%	$1.4B	$13.6B	$94M
2018	$7.6B	$2.3B	50.3%	30.1%	28.9%	11.2%	$874M	$10.2B	$90M
2017	$7.3B	$1.5B	48.1%	32.6%	22.2%	8.2%	—	$9.2B	$177M
2016	—	$1.1B	—	—	16.1%	6.2%	—	$7.7B	$83M
2015	—	$839M	—	—	14.5%	5.6%	$362M	$7.2B	$110M
2014	—	$1.9B	—	—	39.0%	13.6%	$603M	$7.0B	$64M
2013	—	$388M	—	—	13.6%	5.1%	$494M	$3.3B	$332M
2012	—	$445M	—	—	16.6%	6.3%	$716M	$2.8B	$86M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Aug '26	$2.6B	$566M	52.9%	30.6%	6.6%	2.6%	$640M	$10.3B	$99M
May '26	$2.4B	$654M	54.3%	34.7%	7.9%	3.0%	$485M	$10.5B	$97M
Feb '26	$1.9B	$202M	49.6%	23.0%	2.5%	0.9%	$344M	$10.6B	$102M
Nov '25	$2.2B	$503M	53.2%	31.1%	6.5%	2.3%	$371M	$10.7B	$152M
Aug '25	$2.5B	$466M	52.8%	35.2%	6.2%	2.2%	$635M	$10.5B	$72M
May '25	$2.5B	$516M	50.4%	28.4%	7.1%	2.3%	$444M	$11.6B	$74M
Feb '25	$2.2B	-$375M	51.5%	-6.9%	-5.5%	-1.7%	$312M	$11.5B	$68M
Nov '24	$2.5B	$616M	52.1%	32.2%	7.9%	2.7%	$457M	$11.6B	$74M
Aug '24	$2.9B	-$1.2B	51.8%	-42.1%	-15.2%	-5.2%	$854M	$11.6B	$65M
May '24	$2.7B	$877M	52.7%	35.4%	8.6%	3.4%	$315M	$11.9B	$74M
Feb '24	$2.1B	$392M	48.6%	29.4%	4.0%	1.5%	$76M	$11.9B	$152M
Nov '23	$2.5B	$509M	51.4%	32.3%	5.4%	2.0%	$395M	$11.7B	$79M
Aug '23	$2.8B	$690M	51.1%	34.5%	7.3%	2.8%	$652M	$11.7B	$83M
May '23	$2.5B	$136M	50.0%	30.4%	1.6%	0.5%	$388M	$12.4B	$193M
Feb '23	$2.0B	$223M	48.1%	23.4%	2.7%	0.9%	$125M	$12.5B	$134M
Nov '22	$2.4B	$468M	50.4%	30.6%	5.6%	1.9%	$378M	$12.2B	$185M
Aug '22	$2.7B	-$1.2B	49.9%	30.6%	-12.3%	-4.7%	$658M	$11.0B	$165M
May '22	$2.4B	$390M	53.1%	34.5%	3.5%	1.5%	$562M	$11.0B	$102M
Feb '22	$2.1B	$395M	53.9%	32.2%	3.4%	1.5%	-$167M	$10.4B	$199M
Nov '21	$2.3B	$471M	52.8%	36.2%	4.2%	1.8%	$673M	$10.3B	$361M

Valuation over time

How the market has priced STZ against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 24.3× (Feb '24) to 14.1× (Nov '26).
The price-to-sales ratio has fallen from 4.0× (Mar '23) to 2.6× (Nov '26).
The dividend yield has risen from 1.5% (Mar '23) to 3.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is STZ growing its revenue and profit?

Over the past 5 years, Constellation Brands's revenue has grown 1.2% per year, and net income declined 3.3% per year. These are computed facts, not advice.

How much debt does STZ have?

As of FY2026, Constellation Brands reported $10.6B of total debt against $102M of cash; operating income covered interest expense 7.5×.

What is STZ's profit margin?

In FY2026, gross margin was 51.6%, operating margin 29.8%, and net margin 18.5%.

What is STZ's P/E ratio?

Constellation Brands's P/E (TTM) is 12.37 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the STZ stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 14.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.