Screener
Constellation Brands STZ Wine and Spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment
Wine and Spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment at other companies
Other financials
Where this comes from
Reported directly by Constellation Brands in its filing.
Tagged under the XBRL concept stz:EffectiveIncomeTaxRateReconciliationImpairmentLossesIncludingNondeductibleExpenseAmount.
The source filing: Constellation Brands’s 10-K, filed April 22, 2026.
- Filed
- Apr 22, 2026, 2:34 PM EDT
- Fiscal year
- FY2026
- Accession
- 0000016918-26-000011
| Line item | February 28, 2025 / Amount | February 28, 2025 / % of Pretax Income (Loss) | February 29, 2024 / Amount | February 29, 2024 / % of Pretax Income (Loss) |
|---|---|---|---|---|
| Net income tax benefit from a tax entity classification change | — | — | (31.2) | (1.4%) |
| Earnings taxed at other than U.S. statutory rate (2) | (241.0) | 291.1% | (75.9) | (3.4%) |
| Net income tax provision (benefit) from legislative changes (3) | — | — | (9.6) | (0.4%) |
| Wine and Spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment | 253.3 | (306.0%) | — | — |
| Excess tax benefits from stock-based compensation awards (4) | (5.3) | 6.4% | (8.0) | (0.4%) |
| Net income tax provision (benefit) recognized for adjustment to valuation allowance (5) | 24.1 | (29.1%) | 86.2 | 3.9% |
| Net income tax provision (benefit) in connection with sale of the remaining assets at the canceled Mexicali Brewery | (22.2) | 26.8% | — | — |
| Net income tax provision (benefit) for various U.S. income tax credits | (14.1) | 17.0% | — | — |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Constellation Brands's wine and spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment?
- Constellation Brands (STZ) reported wine and spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment of $63.33M in Q4 2024.
- What does wine and spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment mean?
- The tax impact associated with asset impairments, specifically focusing on the non-deductible portion of goodwill or other intangible assets. This metric highlights the tax inefficiency of writing down assets that do not provide a corresponding tax shield. It is a critical indicator of the quality of earnings and the tax consequences of past acquisition strategies.
Ask your AI about Constellation Brands's wine and spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude