What is Constellation Brands's SG&A?

Constellation Brands (STZ) reported SG&A of $457M in Q1 2026.

How has Constellation Brands's SG&A changed year-over-year?

Constellation Brands's SG&A decreased by 8.7% year-over-year, from $500.7M to $457M.

What is the long-term trend for Constellation Brands's SG&A?

Over 4 years (2022 to 2026), Constellation Brands's SG&A has grown at a 2.0% compound annual growth rate (CAGR), from $1.71B to $1.85B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Constellation Brands STZ SG&A

SG&A at other companies

Molson Coors Beverage CompanyTAP

$610M-6.6%

National BeverageFIZZ

$52.87M-5.1%

MGP IngredientsMGPI

$21.07M-0.7%

Brown-Forman CorporationBF.A

$259M+34.2%

Primo BrandsPRMB

$336.7M+2.7%

Ball CorporationBALL

$150M+0.7%

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$22.5B-14.1%

Enterprise value$31.84B—

P/E12.3×—

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 us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Constellation Brands’s 10-Q, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Constellation Brands's SG&A?: Constellation Brands (STZ) reported SG&A of $457M in Q1 2026.
How has Constellation Brands's SG&A changed year-over-year?: Constellation Brands's SG&A decreased by 8.7% year-over-year, from $500.7M to $457M.
What is the long-term trend for Constellation Brands's SG&A?: Over 4 years (2022 to 2026), Constellation Brands's SG&A has grown at a 2.0% compound annual growth rate (CAGR), from $1.71B to $1.85B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.