Business Segments · Operating margin
Beer — Operating margin
Constellation Brands Beer — Operating margin decreased by 6.4% to 38.0% in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from 37.9% to 38.0%. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ2 2022
Last reportedQ4 2025
How to read this metric
An increasing margin suggests better cost control or pricing power, while a decreasing margin may signal rising input costs or competitive pressure.
Detailed definition
Calculated as operating income divided by net sales for the beer segment. This ratio indicates how efficiently the segme...
Peer comparison
Highly comparable across the beverage industry to assess relative brand strength and manufacturing efficiency.
Metric ID:
stz_segment_beer_operating_marginHistorical Data
14 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 9.6% | 9.6% | 9.6% | 9.6% | 9.5% | 9.5% | 9.5% | 9.5% | 40.6% | 42.6% | 37.9% | 39.1% | 40.6% | 38% |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -1.0% | +0.0% | +0.0% | +0.0% | +328.5% | +4.9% | -11.0% | +3.2% | +3.8% | -6.4% |
| YoY Change | — | — | — | — | -1.0% | -1.0% | -1.0% | -1.0% | +328.5% | +349.6% | +300.0% | -3.7% | -4.7% | +0.3% |
Range9.5% – 42.6%
CAGR+52.8%
Avg YoY Growth+96.6%
Median YoY Growth-1.0%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Constellation Brands's beer — operating margin?
- Constellation Brands (STZ) reported beer — operating margin of 38.0% in Q3 2025.
- How has Constellation Brands's beer — operating margin changed year-over-year?
- Constellation Brands's beer — operating margin increased by 0.3% year-over-year, from 37.9% to 38.0%.
- What does beer — operating margin mean?
- The percentage of beer sales revenue that remains as operating profit.