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Constellation Brands STZ Operating margin

Operating margin at other companies

Keurig Dr Pepper logo
Keurig Dr PepperKDP
20.8%+3.9pp
PepsiCo logo
PepsiCoPEP
12.7%-1.2pp
Monster Beverage logo
Monster BeverageMNST
29.3%+3.0pp
Coca-Cola logo
Coca-ColaKO
29.3%+4.8pp
Starbucks logo
StarbucksSBUX
7.6%-4.9pp

Other financials

Income statement

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Revenue$1.9B-11.3%
Gross profit$951.7M-14.6%
Operating income$441.6M
Net income$201.8M+154%

Balance sheet

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Cash & equivalents$102.4M+50.4%
Total debt$10.6B-1.0%
Total equity$8.1B+17.4%
Total assets$21.9B+1.2%

Cash flow

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Operating cash flow$562.8M-5.4%
CapEx$218.9M-22.5%
Free cash flow$343.9M+10.2%

Valuation

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Market cap$23.83B
Enterprise value$34.34B
P/E14.1×
P/S2.6×

Profitability

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Gross margin51.6%-0.5pp
Net margin18.5%+17.7pp

Returns & leverage

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Return on equity22.5%+21.6pp
Debt / equity1.3×-0.2×
Current ratio1.1×+0.2×

Where this comes from

Calculated from Constellation Brands’s reported figures.

Based on trailing twelve months.

The official record: Constellation Brands’s 10-K, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Constellation Brands's operating margin?
Constellation Brands (STZ) reported operating margin of 29.8% in Q4 2025.
What is the long-term trend for Constellation Brands's operating margin?
Over 2 years (2022 to 2024), Constellation Brands's operating margin has grown at a 9.0% compound annual growth rate (CAGR), from 102.5% to 121.7%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.