Latest revenue
$2.22B
as of 2025-11-30
Latest net income
$502.8M
as of 2025-11-30
Net margin
22.6%
as of 2025-11-30
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $31.79B
- Enterprise value
- $42.31B
- P/E (trailing)
- 18.8×
- Forward P/E
- —
- P/B
- 4.12×
- Dividend yield
- 2.7%
- 52-wk high
- $186.40
- 52-wk low
- $126.45
- Beta
- —
- Shares out
- 212.7M
5-year trend
dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).
What this company does
Constellation Brands produces and sells beer, wine, and spirits, including Mexican import brands like Corona and Modelo plus a portfolio of premium wines. The company generates revenue primarily from beer sales in the US, supplemented by wine and spirits, with nine-month net sales of $6.4 billion. Constellation is divesting lower-end wine brands and absorbing heavy losses from its Canopy Growth cannabis investment, which drove a $2.7 billion loss from unconsolidated investments year-to-date.
Generated from STZ's filing dated 2026-04-22
Key risks
- Canopy Growth investment imploded: $2,200.9M unrealized loss on securities YTD drove a $2,711.8M loss from unconsolidated investments.
- Heavy leverage: $11.3B long-term debt plus $1.0B current maturities/short-term borrowings; interest expense rose 32% to $329.3M YTD.
- Wine/spirits divestiture pain: $417.0M impairment on assets held for sale and $122.7M inventory/contract loss tied to portfolio restructuring.
Generated from STZ's filing dated 2026-04-22
Profitability
Gross margin
48.3%
0.4%Operating margin
27.9%
761.2%Net margin
17.3%
2427.3%Return on equity
20.9%
1864.4%Return on assets
7.7%
2148.6%Leverage
Debt / equity
1.71×
20.3%Long-term debt / equity
1.20×
11.1%Debt / assets
63.1%
7.5%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-02-28 | $2.54B | -12.9% | $201.8M | +121.7% | 8.0% |
Q4 2025 2025-11-30 | $2.22B | -9.8% | $502.8M | +71.1% | 22.6% |
Q3 2025 2025-08-31 | $2.48B | -15.0% | $466.0M | +244.7% | 18.8% |
Q2 2025 2025-05-31 | $2.52B | -5.5% | $516.1M | -41.2% | 20.5% |
Q1 2025 2025-02-28 | $2.91B | +0.8% | $-930.3M | -337.1% | -31.9% |
Q4 2024 2024-11-30 | $2.46B | -0.3% | $293.9M | -42.3% | 11.9% |
Q3 2024 2024-08-31 | $2.92B | +2.9% | $-322.0M | -146.7% | -11.0% |
Q2 2024 2024-05-31 | $2.66B | +5.8% | $877.0M | +545.3% | 32.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Beverages · SIC 2080
Your notes
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Insider activity
Insider buying
$340.9K
Insider selling
$1.2M
Net activity
−$822.3K
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-12 | James O. Bourdeau EVP and Senior Advisor | Sale | 4,407 | $143.24 | $631.3K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns STZ
Institutional value
$10.23B
Total shares held
70.0M
Distinct holders
739
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Capital World Investors | 12.2M | $1.83B | — | New |
| 2 | BlackRock, Inc. | 11.1M | $1.67B | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 9.1M | $1.36B | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.5M | $1.13B | — | New |
| 5 | Capital Research Global Investors | 2.2M | $323.2M | — | New |
| 6 | Invesco Ltd. | 1.9M | $284.5M | — | New |
| 7 | DIMENSIONAL FUND ADVISORS LP | 1.8M | $274.0M | — | New |
| 8 | Capital International Investors | 1.6M | $242.9M | — | New |
| 9 | UBS Group AG | 1.1M | $171.8M | — | New |
| 10 | Bank of New York Mellon Corp | 1.0M | $156.4M | — | New |
| 11 | DEUTSCHE BANK AG\ | 1.0M | $150.6M | — | New |
| 12 | Legal & General Group Plc | 843.7K | $126.6M | — | New |
| 13 | VANGUARD FIDUCIARY TRUST CO | 789.7K | $118.5M | — | New |
| 14 | PZENA INVESTMENT MANAGEMENT LLC | 595.8K | $89.4M | — | New |
| 15 | CITIGROUP INC | 502.6K | $75.4M | — | New |
| 16 | WELLS FARGO & COMPANY/MN | 482.2K | $72.3M | — | New |
| 17 | Swiss National Bank | 432.5K | $64.9M | — | New |
| 18 | National Pension Service | 402.9K | $60.4M | — | New |
| 19 | Nuveen, LLC | 366.2K | $54.9M | — | New |
| 20 | BNP PARIBAS FINANCIAL MARKETS | 339.4K | $50.9M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With Canopy-related losses from unconsolidated investments hitting $2.7B over nine months, when exactly will that equity stake stop being a recurring drag on EPS?
- 2
The $417M impairment on assets held for sale signals a botched divestiture—what proceeds do you now expect for the wine/spirits portfolio versus original guidance?
- 3
Long-term debt sits at $11.3B against deteriorating earnings; how do you defend investment-grade ratings without cutting the $2.25 dividend or buybacks?
Refreshed when STZ files a new report · last from 2026-04-22