Constellation Brands STZ Business Segments
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Beer | $1.73B-14.1% | $2.01B-14.3% | $2.35B+4.9% | $2.23B+31.1% | $1.7B-16.1% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | $194.2M-8.9% | $213.1M+56.7% | $136M-51.5% | $280.5M-39.0% | $459.8M+6.6% | |
| Operating income (loss) by Business | ||||||
| Beer | $572.5M-25.0% | $763.5M-19.8% | $951.6M+9.0% | $873.4M+40.0% | $623.8M-19.0% | |
| Corporate Operations and Other | -$66.9M-14.8% | -$58.3M-27.9% | -$45.6M+20.7% | -$57.5M+11.0% | -$64.6M-2.7% | |
| Wine and Spirits | $2.6M-92.3% | $33.7M+270% | -$19.8M-230% | -$6M-106% | $99.7M+4.7% | |
| Cost of product sold by Business | ||||||
| Beer | -$854.7M+9.7% | -$946.5M+14.3% | -$1.11B-5.5% | -$1.05B-31.8% | -$794.5M+16.9% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$119.3M-11.5% | -$107M-31.8% | -$81.2M+56.0% | -$184.4M+27.8% | -$255.5M-13.0% | |
| Operating margin by Business | ||||||
| Wine and Spirits | 2.2%-13.6pp | 15.8%+30.4pp | -14.6%-12.5pp | -2.1%-3.0pp | 0.9%-21.2pp | |
| General and Administrative Expense by Business | ||||||
| Beer | -$116.7M-19.0% | -$98.1M-0.4% | -$97.7M+13.6% | -$113.1M-7.5% | -$105.2M-2.6% | |
| Corporate Operations and Other | -$66.9M-14.8% | -$58.3M-27.9% | -$45.6M+20.7% | -$57.5M+11.0% | -$64.6M-2.7% | |
| Wine and Spirits | -$54.6M-4.0% | -$52.5M+3.8% | -$54.6M+18.8% | -$67.2M+0.1% | -$67.3M-8.4% | |
| Depreciation and amortization as a percentage of net sales by Business | ||||||
| Beer | 0.4%-3.5pp | 3.9%+0.4pp | 3.5%+0.1pp | 3.4%+3.2pp | 0.2%-4.4pp | |
| Marketing as a percentage of net sales by Business | ||||||
| Beer | 0.3%-9.7pp | 10%+1.9pp | 8.1%-0.9pp | 9%+8.6pp | 0.4%-9.7pp | |
| Marketing by Business | ||||||
| Beer | -$182.1M+9.7% | -$201.6M-5.7% | -$190.7M+4.9% | -$200.5M-10.8% | -$180.9M+11.5% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$17.7M+11.1% | -$19.9M+0.5% | -$20M+42.7% | -$34.9M+6.4% | -$37.3M+22.3% | |
| D&A by Business | ||||||
| Beer | $92.8M+17.9% | $78.7M-4.7% | $82.6M+7.6% | $76.8M-2.5% | $78.8M-15.6% | |
| Corporate Operations and Other | $3.3M-45.0% | $6M-3.2% | $6.2M-4.6% | $6.5M0.0% | $6.5M+20.4% | |
| Wine and Spirits | $16M+9.6% | $14.6M+2.1% | $14.3M-35.6% | $22.2M+6.2% | $20.9M+2.0% | |
| CapEx by Business | ||||||
| Beer | $180.4M-14.8% | $211.8M+7.5% | $197M+13.7% | $173.2M-25.7% | $233.2M+24.9% | |
| Corporate Operations and Other | $1.5M+15.4% | $1.3M+62.5% | $800K-50.0% | $1.6M+60.0% | $1M-73.0% | |
| Wine and Spirits | $37M+12.5% | $32.9M+68.7% | $19.5M+8.3% | $18M-62.8% | $48.4M+27.4% | |
| Asset impairment and related expenses by Business | ||||||
| Beer | $14.43M0.0% | $14.43M0.0% | $14.43M0.0% | $14.43M— | —— | |
| Wine and Spirits | $13.03M0.0% | $13.03M0.0% | $13.03M0.0% | $13.03M— | —— | |
| Foreign currency translation adjustments by Business | ||||||
| Beer | $43.3M+283% | $11.3M-49.8% | $22.5M-25.0% | $30M— | $0+100% | |
| Wine and Spirits | $0— | $0— | $0— | $0— | —— | |
| Goodwill by Business | ||||||
| Beer | $5.23B+0.8% | $5.19B+0.2% | $5.18B+0.4% | $5.16B+0.6% | $5.13B+0.1% | |
| Wine and Spirits | $0— | $0— | $0— | $0— | $0-100% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Constellation Brands break its business down?
- Constellation Brands (STZ) reports net sales by business across 3 parts — Beer, Corporate Operations and Other and Wine and Spirits. Each is extracted from the segment footnotes and tracked over time.
- Where does Constellation Brands's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Constellation Brands's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
