Constellation Brands (STZ): financials, SEC filings and peers
Constellation Brands (STZ) is a distillers & vintners company in the Consumer Staples sector of the S&P 500, headquartered in Rochester, New York.
It was founded in 1945 and joined the S&P 500 on July 1, 2005.
Its fiscal year ends in February, and its shares trade on the NYSE.
In its SEC filings it is classified as “Beverages”.
Constellation Brands at a glance
- Revenue (12 months)
- $9.1B
- Revenue growth
- -10.0%
- Operating margin
- 31.5%
- Net income (12 months)
- $1.8B
- Free cash flow (12 months)
- $1.8B
- Cash
- $97M
- Debt
- $10.5B
- Diluted EPS (12 months)
- —
Twelve months to May 31, 2026, from the 10-Q filed July 1, 2026.
Latest twelve months
Over the twelve months to May 31, 2026, Constellation Brands reported revenue of $9.1 billion, down 10.0% from $10.1 billion a year earlier.
Its operating margin was 31.5%, up 30.2 percentage points from a year earlier: for every $100 of sales, about $32 was left as operating profit.
Net income was $1.8 billion (20.1% of revenue).
Operating cash flow was $2.7 billion and capital spending $859 million, leaving free cash flow of $1.8 billion (20.3% of revenue).
At the end of the period it held $97 million in cash and $10.5 billion in debt, a net debt position of $10.4 billion.
Five-year trend
- Revenue went from $8.6 billion in fiscal 2021 to $9.1 billion in fiscal 2026, about 1.2% a year.
- Operating margin narrowed from 32.4% to 29.8% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
- Constellation Brands reported a net loss in 3 of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $8.8B | $9.5B | $10.0B | $10.2B | $9.1B |
| Revenue growth | 2.4% | 7.2% | 5.4% | 2.5% | -10.5% |
| Operating margin | 26.4% | 30.1% | 31.8% | 3.5% | 29.8% |
| Net income | −$40M | −$71M | $1.7B | −$81M | $1.7B |
| Free cash flow | $1.7B | $1.7B | $1.5B | $1.9B | $1.8B |
| Diluted EPS | — | — | — | — | — |
Fiscal years as reported in Constellation Brands’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 18, 2026 — Material agreement; New debt obligation
- 8-K filed September 8, 2026 — Regulation FD disclosure
- 8-K filed July 24, 2026 — Executive or director change; Shareholder vote results
- 10-Q filed July 1, 2026 — quarterly report
- 8-K filed June 30, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed May 21, 2026 — Executive or director change; Regulation FD disclosure
- 8-K filed May 6, 2026 — Regulation FD disclosure; Other event
- 8-K filed May 5, 2026 — Other event
Companies like Constellation Brands
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Questions about Constellation Brands
Is Constellation Brands's revenue growing?
No. Revenue for the twelve months to May 31, 2026 was $9.1 billion, down 10.0% from a year earlier, according to its SEC filings.
Is Constellation Brands profitable?
Yes. It earned $1.8 billion in net income over the twelve months to May 31, 2026, a net margin of 20.1%.
Does Constellation Brands have more cash or more debt?
At May 31, 2026 it had $97 million in cash and $10.5 billion in debt, so more debt than cash.
When did Constellation Brands last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 1, 2026.
Which companies are similar to Constellation Brands?
In the S&P 500, Constellation Brands is grouped in Distillers & Vintners within the Consumer Staples sector. Brown–Forman (BF.B) are in the same group.
Understand the numbers
Source: Constellation Brands’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.