Constellation Brands STZ Business Segments
| TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Beer | $8.32B+0.3% | $8.29B-0.3% | $8.32B-2.2% | $8.5B-0.4% | $8.54B0.0% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | $823.8M-24.4% | $1.09B-16.7% | $1.31B-16.2% | $1.56B-6.5% | $1.67B+1.4% | |
| Operating income (loss) by Business | ||||||
| Beer | $3.16B-1.6% | $3.21B-0.2% | $3.22B-3.8% | $3.34B-1.5% | $3.39B+1.1% | |
| Corporate Operations and Other | -$228.3M-1.0% | -$226M+2.0% | -$230.6M+5.3% | -$243.4M+0.5% | -$244.6M+0.5% | |
| Wine and Spirits | $10.5M-90.2% | $107.6M-36.4% | $169.1M-34.8% | $259.4M-20.2% | $325.1M-3.4% | |
| Cost of product sold by Business | ||||||
| Beer | -$3.95B-1.5% | -$3.89B+0.2% | -$3.9B+1.5% | -$3.96B+0.3% | -$3.97B+4.6% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$491.9M+21.7% | -$628.1M+15.9% | -$747.2M+16.1% | -$890.7M+3.9% | -$926.6M-1.6% | |
| Operating margin by Business | ||||||
| Wine and Spirits | 1.3%+1.3pp | 0%-6.3pp | 6.3%-32.7pp | 39%-17.4pp | 56.4%-4.6pp | |
| General and Administrative Expense by Business | ||||||
| Beer | -$425.6M-2.8% | -$414.1M+1.1% | -$418.5M-0.6% | -$416M-3.3% | -$402.7M+0.6% | |
| Corporate Operations and Other | -$228.3M-1.0% | -$226M+2.0% | -$230.6M+5.3% | -$243.4M+0.5% | -$244.6M-1.1% | |
| Wine and Spirits | -$228.9M+5.3% | -$241.6M+3.8% | -$251.2M+1.1% | -$254.1M+0.4% | -$255M+0.3% | |
| Depreciation and amortization as a percentage of net sales by Business | ||||||
| Beer | 11.2%+0.2pp | 11%-0.7pp | 11.7%+0.2pp | 11.5%-0.4pp | 11.9%-0.8pp | |
| Marketing as a percentage of net sales by Business | ||||||
| Beer | 27.4%-0.1pp | 27.5%-0.1pp | 27.6%+0.5pp | 27.1%+0.6pp | 26.5%-1.7pp | |
| Marketing by Business | ||||||
| Beer | -$774.9M-0.2% | -$773.7M+0.3% | -$776.4M+0.4% | -$779.2M-1.3% | -$769M-1.2% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$92.5M+17.5% | -$112.1M+20.0% | -$140.2M+10.2% | -$156.2M+3.7% | -$162.2M+2.4% | |
| D&A by Business | ||||||
| Beer | $330.9M+4.4% | $316.9M-4.4% | $331.6M0.0% | $331.5M-2.8% | $341.1M-0.8% | |
| Corporate Operations and Other | $22M-12.7% | $25.2M+2.4% | $24.6M+2.5% | $24M+10.6% | $21.7M+13.0% | |
| Wine and Spirits | $67.1M-6.8% | $72M-7.6% | $77.9M-8.5% | $85.1M+1.1% | $84.2M+0.2% | |
| CapEx by Business | ||||||
| Beer | $762.4M-6.5% | $815.2M+3.2% | $790.1M-7.1% | $850.3M-14.2% | $991.5M-1.0% | |
| Corporate Operations and Other | $5.2M+10.6% | $4.7M-33.8% | $7.1M-80.2% | $35.9M-21.3% | $45.6M-42.9% | |
| Wine and Spirits | $107.4M-9.6% | $118.8M-4.1% | $123.9M-14.8% | $145.4M-17.9% | $177M-14.5% | |
| Asset impairment and related expenses by Business | ||||||
| Beer | $57.7M— | —— | —— | —— | —— | |
| Wine and Spirits | $52.1M— | —— | —— | —— | —— | |
| Foreign currency translation adjustments by Business | ||||||
| Beer | $107.1M+67.9% | $63.8M+177% | $23M+125% | -$91.5M+21.9% | -$117.1M-2.6% | |
| Wine and Spirits | $0— | —— | —— | —— | —— | |
| Goodwill by Business | ||||||
| Beer | $20.76B+0.5% | $20.65B+0.3% | $20.58B+0.1% | $20.56B-0.4% | $20.64B-0.5% | |
| Wine and Spirits | $0— | $0-100% | $491.3M-53.5% | $1.06B-72.2% | $3.8B-41.9% |
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.
