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Constellation Brands STZ Goodwill and intangible assets impairment

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Other financials

Income statement

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Revenue$2.4B-3.3%
Gross profit$1.3B+4.3%
Operating income$845.3M+18.4%
Net income$653.8M+26.7%

Balance sheet

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Cash & equivalents$96.6M+30.7%
Total debt$9.4B-7.2%
Total equity$8.3B+13.6%
Total assets$22.1B-0.7%

Cash flow

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Operating cash flow$661.8M+3.9%
CapEx$177.2M-8.1%
Free cash flow$484.6M+9.0%

Valuation

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Market cap$23.18B-11.5%
Enterprise value$32.52B
P/E12.7×
P/S2.6×

Profitability

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Gross margin52.6%+1.2pp
Operating margin31.5%
Net margin20.3%+17.3pp
FCF margin20.3%-0.3pp

Returns & leverage

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Return on equity23.3%+19.8pp
Debt / equity1.2×-0.2×
Current ratio0.9×-0.2×

Where this comes from

Reported directly by Constellation Brands in its filing.

Tagged under the XBRL concept stz:GoodwillAndIntangibleAssetImpairmentNetOfTax.

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 itemFor the Three Months Ended / February 28,2026For the Three Months Ended / February 28,2025
(in millions, net of income tax effect)
Net income tax expense recognized for adjustments to valuation allowances$(110.0)$(73.3)
Asset impairment and related expenses$(42.1)$(364.2)
Net income tax benefit (expense) from the resolution of various tax examinations and assessments related to prior periods$93.4$(1.9)
Goodwill and intangible assets impairment$$(497.6)
Unrealized net gain (loss) on securities measured at fair value$$(45.4)
Gain (loss) on sale of business$$195.0

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Constellation Brands's goodwill and intangible assets impairment?
Constellation Brands (STZ) reported goodwill and intangible assets impairment of $0 in Q4 2025.
What does goodwill and intangible assets impairment mean?
This measures the reduction in the carrying value of goodwill or intangible assets when their fair value falls below their recorded book value. It reflects a permanent decline in the value of acquired businesses or intellectual property.

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