Business Segments · CapEx
Beer — CapEx
Constellation Brands Beer — CapEx decreased by 14.8% to $180.40M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 22.6%, from $233.20M to $180.40M. Over 3 years (FY 2022 to FY 2026), Beer — CapEx shows a downward trend with a -3.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ2 2021
Last reportedQ1 2026
How to read this metric
High spending may signal capacity expansion or modernization, while low spending could indicate a focus on cash preservation or a mature asset base.
Detailed definition
Represents the cash outflows used to acquire, upgrade, or maintain physical assets such as breweries, packaging lines, a...
Peer comparison
Varies based on the growth phase and capacity requirements of the specific beverage segment.
Metric ID:
stz_segment_beer_capital_expendituresHistorical Data
18 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $212.38M | $212.38M | $212.38M | $212.38M | $181.50M | $274.60M | $205.60M | $234.70M | $264.10M | $243.50M | $314.40M | $257.20M | $186.70M | $233.20M | $173.20M | $197.00M | $211.80M | $180.40M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -14.5% | +51.3% | -25.1% | +14.2% | +12.5% | -7.8% | +29.1% | -18.2% | -27.4% | +24.9% | -25.7% | +13.7% | +7.5% | -14.8% |
| YoY Change | — | — | — | — | -14.5% | +29.3% | — | — | +45.5% | -11.3% | +52.9% | +9.6% | -29.3% | -4.2% | -44.9% | -23.4% | +13.4% | -22.6% |
Range$173.20M – $314.40M
CAGR-3.8%
Avg YoY Growth+0.0%
Median YoY Growth-7.8%
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Frequently Asked Questions
- What is Constellation Brands's beer — capex?
- Constellation Brands (STZ) reported beer — capex of $180.40M in Q4 2025.
- How has Constellation Brands's beer — capex changed year-over-year?
- Constellation Brands's beer — capex decreased by 22.6% year-over-year, from $233.20M to $180.40M.
- What is the long-term trend for Constellation Brands's beer — capex?
- Over 3 years (2022 to 2026), Constellation Brands's beer — capex has grown at a -3.5% compound annual growth rate (CAGR), from $849.50M to $762.40M.
- What does beer — capex mean?
- Spending on long-term physical assets to support beer production and distribution.