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-2.6% | $8.29B-2.9% | $8.32B-1.9% | $8.5B+2.0% | $8.54B+4.6% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | $823.8M-50.6% | $1.09B-33.8% | $1.31B-23.8% | $1.56B-11.9% | $1.67B-7.2% | |
| Operating income (loss) by Business | ||||||
| Beer | $3.16B-6.9% | $3.21B-4.3% | $3.22B-3.7% | $3.34B+3.9% | $3.39B+9.7% | |
| Corporate Operations and Other | -$228.3M+6.7% | -$226M+8.1% | -$230.6M+7.0% | -$243.4M+5.1% | -$244.6M+1.2% | |
| Wine and Spirits | $10.5M-96.8% | $107.6M-68.0% | $169.1M-54.2% | $259.4M-31.6% | $325.1M-18.5% | |
| Cost of product sold by Business | ||||||
| Beer | -$3.95B+0.5% | -$3.89B+6.5% | -$3.9B+7.0% | -$3.96B+1.5% | -$3.97B-0.6% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$491.9M+46.9% | -$628.1M+31.1% | -$747.2M+19.4% | -$890.7M+5.5% | -$926.6M+3.8% | |
| Operating margin by Business | ||||||
| Wine and Spirits | 1.3%-55.1pp | 0%-61.0pp | 6.3%-38.2pp | 39%+7.1pp | 56.4%+34.2pp | |
| General and Administrative Expense by Business | ||||||
| Beer | -$425.6M-5.7% | -$414.1M-2.2% | -$418.5M-1.9% | -$416M+1.7% | -$402.7M+6.6% | |
| Corporate Operations and Other | -$228.3M+6.7% | -$226M+6.6% | -$230.6M+4.3% | -$243.4M+0.4% | -$244.6M+1.2% | |
| Wine and Spirits | -$228.9M+10.2% | -$241.6M+5.6% | -$251.2M+4.0% | -$254.1M+6.7% | -$255M+6.4% | |
| Depreciation and amortization as a percentage of net sales by Business | ||||||
| Beer | 11.2%-0.7pp | 11%-1.7pp | 11.7%+2.6pp | 11.5%+4.7pp | 11.9%+7.9pp | |
| Marketing as a percentage of net sales by Business | ||||||
| Beer | 27.4%+0.9pp | 27.5%-0.7pp | 27.6%+7.4pp | 27.1%+12.4pp | 26.5%+18.1pp | |
| Marketing by Business | ||||||
| Beer | -$774.9M-0.8% | -$773.7M-1.8% | -$776.4M-6.6% | -$779.2M-10.3% | -$769M-11.7% | |
| Corporate Operations and Other | $0— | $0— | $0— | $0— | $0— | |
| Wine and Spirits | -$92.5M+43.0% | -$112.1M+32.5% | -$140.2M+12.0% | -$156.2M+5.1% | -$162.2M+1.7% | |
| D&A by Business | ||||||
| Beer | $330.9M-3.0% | $316.9M-7.9% | $331.6M-0.3% | $331.5M0.0% | $341.1M+5.3% | |
| Corporate Operations and Other | $22M+1.4% | $25.2M+31.3% | $24.6M+39.0% | $24M+47.2% | $21.7M+31.5% | |
| Wine and Spirits | $67.1M-20.3% | $72M-14.3% | $77.9M-9.4% | $85.1M-2.9% | $84.2M-5.2% | |
| CapEx by Business | ||||||
| Beer | $762.4M-23.1% | $815.2M-18.6% | $790.1M-26.8% | $850.3M-19.5% | $991.5M+4.6% | |
| Corporate Operations and Other | $5.2M-88.6% | $4.7M-94.1% | $7.1M-93.7% | $35.9M-68.5% | $45.6M-66.4% | |
| Wine and Spirits | $107.4M-39.3% | $118.8M-42.6% | $123.9M-37.6% | $145.4M-26.0% | $177M-4.6% | |
| Asset impairment and related expenses by Business | ||||||
| Beer | $57.7M— | —— | —— | —— | —— | |
| Wine and Spirits | $52.1M— | —— | —— | —— | —— | |
| Foreign currency translation adjustments by Business | ||||||
| Beer | $107.1M+191% | $63.8M+156% | $23M— | -$91.5M— | -$117.1M— | |
| Wine and Spirits | $0— | —— | —— | —— | —— | |
| Goodwill by Business | ||||||
| Beer | $20.76B+0.6% | $20.65B-0.5% | $20.58B-1.4% | $20.56B-1.9% | $20.64B-1.4% | |
| Wine and Spirits | $0-100% | $0-100% | $491.3M-94.4% | $1.06B-90.4% | $3.8B-65.3% |
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.
