What is Constellation Brands's effective tax rate?

Constellation Brands (STZ) reported effective tax rate of $0.02 in Q4 2025.

How has Constellation Brands's effective tax rate changed year-over-year?

Constellation Brands's effective tax rate decreased by 98.2% year-over-year, from $0.93 to $0.02.

What is the long-term trend for Constellation Brands's effective tax rate?

Over 2 years (2023 to 2026), Constellation Brands's effective tax rate has grown at a -19.5% compound annual growth rate (CAGR), from $1.10 to $0.71.

Tax

Effective Tax Rate

Constellation Brands Effective Tax Rate decreased by 90.2% to $0.02 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 98.2%, from $0.93 to $0.02. Over 2 years (FY 2023 to FY 2026), Effective Tax Rate shows a downward trend with a -19.5% CAGR.

Analysis

StatementIncome Statement

SectionTax

First reportedQ3 2015

Last reportedQ4 2026Apr 22, 2026

Metric ID: isrg_effective_tax_rate_continuing_operations

Historical Data

18 periods

	Q1 '22	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26
Value	$0.02	$0.92	$0.17	$0.24	$0.13	$0.22	$0.52	$0.40	$0.17	$0.20	$0.03	-$0.11	$0.07	$0.93	$0.14	$0.38	$0.17	$0.02
QoQ Change	—	>999%	-81.4%	+39.8%	-45.2%	+64.1%	+139.5%	-23.1%	-56.1%	+14.9%	-85.0%	-480.0%	+157.9%	>999%	-84.6%	+165.0%	-54.1%	-90.2%
YoY Change	—	—	—	>999%	-85.7%	+25.7%	—	+65.7%	+32.8%	-7.0%	-92.4%	-165.5%	-67.0%	—	+376.7%	+432.5%	+163.6%	-98.2%

Range-$0.11 – $0.93

CAGR+3.0%

Avg YoY Growth+159.6%

Median YoY Growth+25.7%

Current Streak2 quarters decline

Frequently Asked Questions

What is Constellation Brands's effective tax rate?: Constellation Brands (STZ) reported effective tax rate of $0.02 in Q4 2025.
How has Constellation Brands's effective tax rate changed year-over-year?: Constellation Brands's effective tax rate decreased by 98.2% year-over-year, from $0.93 to $0.02.
What is the long-term trend for Constellation Brands's effective tax rate?: Over 2 years (2023 to 2026), Constellation Brands's effective tax rate has grown at a -19.5% compound annual growth rate (CAGR), from $1.10 to $0.71.