Business Segments · Goodwill

Beer — Goodwill

Constellation Brands Beer — Goodwill increased by 0.8% to $5.23B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $5.13B to $5.23B. Over 4 years (FY 2022 to FY 2026), Beer — Goodwill shows relatively stable performance with a 0.3% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

High levels indicate significant historical acquisition activity; stability suggests successful integration and brand maintenance.

Detailed definition

The premium paid over the fair value of net identifiable assets during the acquisition of beer-related businesses. It re...

Peer comparison

Standard balance sheet item for companies that have grown through M&A in the beverage industry.

Metric ID: stz_segment_beer_goodwill

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$5.14B$5.13B$5.09B$5.12B$5.15B$5.14B$5.16B$5.19B$5.22B$5.25B$5.24B$5.24B$5.24B$5.15B$5.12B$5.13B$5.16B$5.18B$5.19B$5.23B
QoQ Change-0.2%-0.8%+0.6%+0.6%-0.2%+0.4%+0.6%+0.6%+0.5%-0.2%+0.1%+0.1%-1.8%-0.6%+0.1%+0.6%+0.4%+0.2%+0.8%
YoY Change+0.2%+0.1%+1.3%+1.3%+1.3%+2.1%+1.5%+1.0%+0.5%-1.8%-2.2%-2.1%-1.6%+0.6%+1.4%+2.1%
Range$5.09B$5.25B
CAGR+0.4%
Avg YoY Growth+0.3%
Median YoY Growth+0.8%
Current Streak5 quarters growth

Frequently Asked Questions

What is Constellation Brands's beer — goodwill?
Constellation Brands (STZ) reported beer — goodwill of $5.23B in Q4 2025.
How has Constellation Brands's beer — goodwill changed year-over-year?
Constellation Brands's beer — goodwill increased by 2.1% year-over-year, from $5.13B to $5.23B.
What is the long-term trend for Constellation Brands's beer — goodwill?
Over 4 years (2022 to 2026), Constellation Brands's beer — goodwill has grown at a 0.3% compound annual growth rate (CAGR), from $20.48B to $20.76B.
What does beer — goodwill mean?
The intangible value recorded on the balance sheet from past acquisitions within the beer segment.