Constellation Brands SG&A decreased by 14.4% to $420.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 16.8%, from $505.30M to $420.50M. Over 4 years (FY 2022 to FY 2026), SG&A shows relatively stable performance with a 2.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $378.30M | $490.50M | $385.80M | $455.10M | $438.60M | $512.80M | $480.20M | $496.50M | $493.10M | $471.20M | $473.70M | $394.70M | $462.20M | $491.20M | $491.30M | $505.30M | $500.70M | $436.00M | $491.20M | $420.50M |
| QoQ Change | — | +29.7% | -21.3% | +18.0% | -3.6% | +16.9% | -6.4% | +3.4% | -0.7% | -4.4% | +0.5% | -16.7% | +17.1% | +6.3% | +0.0% | +2.8% | -0.9% | -12.9% | +12.7% | -14.4% |
| YoY Change | — | — | — | — | +15.9% | +4.5% | +24.5% | +9.1% | +12.4% | -8.1% | -1.4% | -20.5% | -6.3% | +4.2% | +3.7% | +28.0% | +8.3% | -11.2% | -0.0% | -16.8% |