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Constellation Brands STZ Asset impairment and related expenses

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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$22.63B-13.6%
Enterprise value$31.97B
P/E12.4×
P/S2.5×

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:ImpairmentOfLongLivedAssetsToBeDisposedOfNetOfTax.

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 asset impairment and related expenses?
Constellation Brands (STZ) reported asset impairment and related expenses of -$42.1M in Q4 2025.
What does asset impairment and related expenses mean?
This represents the write-down of the carrying value of long-lived assets, such as property, plant, and equipment, when their book value exceeds their fair value less costs to sell. It is typically recorded when management commits to a plan to dispose of these assets.

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