What is Constellation Brands's corporate operations and other — capex?

Constellation Brands (STZ) reported corporate operations and other — capex of $31.40M in Q2 2023.

How has Constellation Brands's corporate operations and other — capex changed year-over-year?

Constellation Brands's corporate operations and other — capex increased by 52.4% year-over-year, from $20.60M to $31.40M.

What does corporate operations and other — capex mean?

The amount of money spent on long-term assets and infrastructure for the company's central administrative and support functions.

Discontinued — last reported Q3 '23

Business Segments · CapEx

Corporate Operations and Other — CapEx

Constellation Brands Corporate Operations and Other — CapEx decreased by 4.3% to $31.40M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 52.4%, from $20.60M to $31.40M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ2 2016

Last reportedQ3 2023

How to read this metric

An increase may indicate significant investment in corporate systems, digital transformation, or headquarters infrastructure, while a decrease suggests reduced overhead spending or the completion of major corporate projects.

Detailed definition

This metric represents the capital expenditures allocated to the Corporate and Other segment, which encompasses administ...

Peer comparison

Peers typically report this as unallocated corporate capital expenditure, with levels varying based on the company's stage of digital maturity and the degree of centralization in their operating model.

Metric ID: stz_segment_corporate_and_other_capital_expenditures

Historical Data

10 periods

	Q1 '21	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23
Value	$2.40M	$1.20M	$15.60M	$3.40M	$5.00M	$20.60M	$35.70M	$8.40M	$32.80M	$31.40M
QoQ Change	—	-50.0%	>999%	-78.2%	+47.1%	+312.0%	+73.3%	-76.5%	+290.5%	-4.3%
YoY Change	—	—	—	—	+108.3%	>999%	+128.8%	+147.1%	+556.0%	+52.4%

Range$1.20M – $35.70M

CAGR+213.6%

Avg YoY Growth+434.9%

Median YoY Growth+138.0%

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Frequently Asked Questions

What is Constellation Brands's corporate operations and other — capex?: Constellation Brands (STZ) reported corporate operations and other — capex of $31.40M in Q2 2023.
How has Constellation Brands's corporate operations and other — capex changed year-over-year?: Constellation Brands's corporate operations and other — capex increased by 52.4% year-over-year, from $20.60M to $31.40M.
What does corporate operations and other — capex mean?: The amount of money spent on long-term assets and infrastructure for the company's central administrative and support functions.