Business Segments · Operating income (loss)

Beer — Operating income (loss)

Constellation Brands Beer — Operating income (loss) decreased by 25.0% to $572.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.2%, from $623.80M to $572.50M. Over 4 years (FY 2022 to FY 2026), Beer — Operating income (loss) shows an upward trend with a 4.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2016
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher values indicate stronger segment profitability and operational success.

Detailed definition

Measures the profitability of the beer segment after deducting cost of goods sold, marketing, and administrative expense...

Peer comparison

Standard measure of segment performance across all consumer packaged goods companies.

Metric ID: stz_segment_beer_operating_income_loss

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$673.10M$693.00M$723.60M$613.60M$762.80M$865.60M$710.00M$523.10M$797.80M$953.90M$757.30M$585.40M$923.00M$1.08B$769.90M$623.80M$873.40M$951.60M$763.50M$572.50M
QoQ Change+3.0%+4.4%-15.2%+24.3%+13.5%-18.0%-26.3%+52.5%+19.6%-20.6%-22.7%+57.7%+16.8%-28.6%-19.0%+40.0%+9.0%-19.8%-25.0%
YoY Change+13.3%+24.9%-1.9%-14.7%+4.6%+10.2%+6.7%+11.9%+15.7%+13.0%+1.7%+6.6%-5.4%-11.7%-0.8%-8.2%
Range$523.10M$1.08B
CAGR-3.4%
Avg YoY Growth+4.1%
Median YoY Growth+5.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Constellation Brands's beer — operating income (loss)?
Constellation Brands (STZ) reported beer — operating income (loss) of $572.50M in Q4 2025.
How has Constellation Brands's beer — operating income (loss) changed year-over-year?
Constellation Brands's beer — operating income (loss) decreased by 8.2% year-over-year, from $623.80M to $572.50M.
What is the long-term trend for Constellation Brands's beer — operating income (loss)?
Over 4 years (2022 to 2026), Constellation Brands's beer — operating income (loss) has grown at a 4.0% compound annual growth rate (CAGR), from $2.70B to $3.16B.
What does beer — operating income (loss) mean?
The profit generated by the beer business segment from its core operations.