Constellation Brands STZ Business Segments
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Beer | $1.73B+1.3% | $2.01B-1.1% | $2.35B-7.3% | $2.23B-1.7% | $1.7B+0.1% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | $194.2M-57.8% | $213.1M-50.6% | $136M-65.0% | $280.5M-27.9% | $459.8M+5.4% | |
| Operating income (loss) by Business | ||||||
| Beer | $572.5M-8.2% | $763.5M-0.8% | $951.6M-11.7% | $873.4M-5.4% | $623.8M+6.6% | |
| Corporate Operations and Other | -$66.9M-3.6% | -$58.3M+7.3% | -$45.6M+21.9% | -$57.5M+2.0% | -$64.6M+1.8% | |
| Wine and Spirits | $2.6M-97.4% | $33.7M-64.6% | -$19.8M-128% | -$6M-110% | $99.7M-10.3% | |
| Cost of product sold by Business | ||||||
| Beer | -$854.7M-7.6% | -$946.5M+1.0% | -$1.11B+5.1% | -$1.05B+1.2% | -$794.5M+19.5% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$119.3M+53.3% | -$107M+52.7% | -$81.2M+63.9% | -$184.4M+16.3% | -$255.5M-6.1% | |
| Operating margin by Business | ||||||
| Wine and Spirits | 2.2%+1.3pp | 15.8%-6.3pp | -14.6%-32.7pp | -2.1%-17.4pp | 0.9%-4.6pp | |
| General and Administrative Expense by Business | ||||||
| Beer | -$116.7M-10.9% | -$98.1M+4.3% | -$97.7M-2.6% | -$113.1M-13.3% | -$105.2M+2.4% | |
| Corporate Operations and Other | -$66.9M-3.6% | -$58.3M+7.3% | -$45.6M+21.9% | -$57.5M+2.0% | -$64.6M-4.4% | |
| Wine and Spirits | -$54.6M+18.9% | -$52.5M+15.5% | -$54.6M+5.0% | -$67.2M+1.3% | -$67.3M+1.2% | |
| Depreciation and amortization as a percentage of net sales by Business | ||||||
| Beer | 0.4%+0.2pp | 3.9%-0.7pp | 3.5%+0.2pp | 3.4%-0.4pp | 0.2%-0.8pp | |
| Marketing as a percentage of net sales by Business | ||||||
| Beer | 0.3%-0.1pp | 10%-0.1pp | 8.1%+0.5pp | 9%+0.6pp | 0.4%-1.7pp | |
| Marketing by Business | ||||||
| Beer | -$182.1M-0.7% | -$201.6M+1.3% | -$190.7M+1.4% | -$200.5M-5.4% | -$180.9M-5.1% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$17.7M+52.5% | -$19.9M+58.5% | -$20M+44.4% | -$34.9M+14.7% | -$37.3M+9.6% | |
| D&A by Business | ||||||
| Beer | $92.8M+17.8% | $78.7M-15.7% | $82.6M+0.1% | $76.8M-11.1% | $78.8M-3.5% | |
| Corporate Operations and Other | $3.3M-49.2% | $6M+11.1% | $6.2M+10.7% | $6.5M+54.8% | $6.5M+62.5% | |
| Wine and Spirits | $16M-23.4% | $14.6M-28.8% | $14.3M-33.5% | $22.2M+4.2% | $20.9M+1.0% | |
| CapEx by Business | ||||||
| Beer | $180.4M-22.6% | $211.8M+13.4% | $197M-23.4% | $173.2M-44.9% | $233.2M-4.2% | |
| Corporate Operations and Other | $1.5M+50.0% | $1.3M-64.9% | $800K-97.3% | $1.6M-85.8% | $1M-97.2% | |
| Wine and Spirits | $37M-23.6% | $32.9M-13.4% | $19.5M-52.4% | $18M-63.7% | $48.4M-38.3% | |
| Asset impairment and related expenses by Business | ||||||
| Beer | $14.43M— | $14.43M— | $14.43M— | $14.43M— | —— | |
| Wine and Spirits | $13.03M— | $13.03M— | $13.03M— | $13.03M— | —— | |
| Foreign currency translation adjustments by Business | ||||||
| Beer | $43.3M— | $11.3M+138% | $22.5M+124% | $30M+582% | $0-100% | |
| Wine and Spirits | $0— | $0— | $0-100% | $0-100% | —— | |
| Goodwill by Business | ||||||
| Beer | $5.23B+2.1% | $5.19B+1.4% | $5.18B+0.6% | $5.16B-1.6% | $5.13B-2.1% | |
| Wine and Spirits | $0— | $0-100% | $0-100% | $0-100% | $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.
