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Constellation Brands STZ Wine and Spirits — CapEx

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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:SegmentExpenditureAdditionToLongLivedAssets.

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 wine and spirits — capex?
Constellation Brands (STZ) reported wine and spirits — capex of $9.8M in Q1 2026.
How has Constellation Brands's wine and spirits — capex changed year-over-year?
Constellation Brands's wine and spirits — capex decreased by 45.6% year-over-year, from $18M to $9.8M.
What is the long-term trend for Constellation Brands's wine and spirits — capex?
Over 3 years (2022 to 2026), Constellation Brands's wine and spirits — capex has grown at a -11.5% compound annual growth rate (CAGR), from $154.7M to $107.4M.
What does wine and spirits — capex mean?
Funds used by the wine and spirits segment to acquire, upgrade, and maintain physical assets such as production facilities, equipment, and distribution infrastructure. This reflects the company's investment in long-term productive capacity.