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Constellation Brands STZ Beer — General and Administrative Expense

Other segment segments

Corporate Operations and Other
-$56.1M+2.4%
Wine and Spirits
-$48.8M+27.4%

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$5.4M+6.1%

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$23.85B-10.4%
Enterprise value$33.19B
P/E13.1×
P/S2.6×

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:GeneralAndAdministrativeExpense.

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 beer — general and administrative expense?
Constellation Brands (STZ) reported beer — general and administrative expense of -$121.1M in Q1 2026.
How has Constellation Brands's beer — general and administrative expense changed year-over-year?
Constellation Brands's beer — general and administrative expense decreased by 7.1% year-over-year, from -$113.1M to -$121.1M.
What is the long-term trend for Constellation Brands's beer — general and administrative expense?
Over 3 years (2023 to 2026), Constellation Brands's beer — general and administrative expense has grown at a 2.1% compound annual growth rate (CAGR), from -$399.6M to -$425.6M.
What does beer — general and administrative expense mean?
Represents the overhead costs associated with managing the beer business segment, excluding direct production and marketing expenses. This includes salaries for administrative staff, office expenses, and other corporate support functions allocated to the segment.