YouTube · Q1 2026 · 2026-05-01
STZ · NYSE
Constellation Brands, Inc.
Beverages - Brewers · United States
- Market cap (USD)
- US$19.53B
- Trailing P/E
- 10.89x
- Forward P/E
- 9.32x
- Quarterly revenue growth
- -3.3%
- Trailing net margin
- 20.1%
- Indicated dividend yield
- 3.6%
Snapshot 2026-10-06 · Latest financial period 2026-05-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-06 (provider estimate, not issuer-confirmed).
Company background
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It offers beer under the Corona Extra, Corona Familiar, Corona Sunbrew, Corona Light, Corona Non-Alcoholic, Corona Premier, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Spiked Aguas Frescas, Modelo Oro, Modelo Noche Especial, Victoria, Vicky Chamoy, and Pacifico brand names. The company also offers wine under the Sea Smoke, Schrader Cellars, Kim Crawford, Mount Veeder, Ruffino, My Favorite Neighbor, Robert Mondavi Winery, and The Prisoner Wine Company brand names; and spirits under the Casa Noble, High West, Mi CAMPO, and Nelson's Green Brier brand names. It provides its products to wholesale distributors, retailers, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Rochester, New York.
Company websiteQ2 FY2027
Go beyond the headline.
Q2 FY2027 REPORT HIGHLIGHTS
What’s changed for STZ
Beer shipments rose while depletions declined; flat comparable profit and cash-flow timing shape a $130 base value.
Shipment growth outran demand.
Beer shipments +5.5%, depletions -0.6%; the 6.1-point gap needs an inventory explanation.
EPS growth leaned on buybacks.
Comparable net income $637.3M versus $637.8M; diluted shares declined about 3%.
Margin paid for investment.
Beer margin fell 160 basis points to 39.0% despite better gross margin.
Cash improved through lower capex.
H1 FCF rose 4.2% as operating cash flow fell 0.7%.
The outlook stayed steady.
Comparable EPS $11.20–$11.90 and FCF $1.6–$1.7B were reaffirmed; our base value is $130.
Comparable businesses
STZ peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | STZConstellation Brands, Inc.Snapshot 2026-10-06Financial period: 2026-05-31 | TAPMolson Coors Beverage CompanySnapshot 2026-10-06Financial period: 2026-06-30 | BUDAnheuser-Busch InBev SA/NVSnapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$19.53B | US$6.91B | US$149.08B |
| Forward P/EProvider forward earnings estimate | 9.32x | 7.55x | 15.42x |
| EV / EBITDAEnterprise value / trailing EBITDA | 8.70x | 5.69x | 48.42x |
| Revenue growthLatest quarter vs prior-year quarter | -3.3% | -3.3% | 11.0% |
| Operating marginLatest reported quarter | 35.9% | 11.3% | 27.3% |
| Free cash flow yieldTrailing cash flow / market cap | 11.3% | 13.5% | 7.2% |
| Net debt / EBITDANet debt / trailing EBITDA | 3.02x | 2.56x | 3.28x |
| Debt / equityTotal debt / positive book equity | 1.23x | 0.76x | 0.72x |
| Trailing P/ETrailing twelve-month earnings | 10.89x | — | 16.32x |
| Price / bookPrice / positive book equity per share | 2.37x | 0.68x | 9.56x |
| EV / salesEnterprise value / trailing revenue | 3.32x | 1.16x | 15.26x |
| Earnings growthLatest quarter vs prior-year quarter | 30.7% | -42.3% | 124.9% |
| Gross marginTrailing twelve months | 52.7% | 37.0% | 56.5% |
| Net marginTrailing twelve months | 20.1% | -20.8% | 14.9% |
| Return on equityProvider trailing return; positive equity only | 23.7% | -19.5% | 11.4% |
| Free cash flow marginTrailing free cash flow / revenue | 24.4% | 8.4% | 17.1% |
| Dividend yieldIndicated annual dividend / price | 3.6% | 5.2% | 1.8% |
| Earnings payoutProvider trailing dividend payout | 39.0% | 36.0% | 29.0% |
| Current ratioCurrent assets / current liabilities | 0.91x | 0.88x | 0.66x |
| BetaProvider historical market sensitivity | 0.43 | 0.43 | 0.78 |
YouTube · Q1 2026 · 2026-05-01
YouTube · Q2 2026 · 2026-07-31
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for STZ
Q2 FY20272026-10-06
FREE RESEARCH PACKET · Q2 FY2027
STZ: Shipments Rebound, Consumer Demand Still Trails
Beer shipments rose while depletions declined; flat comparable profit and cash-flow timing shape a $130 base value.
Research published October 6, 2026 · Download original report
Read Research PacketSTZ Stock: More Beer Shipped, But Who Is Buying? — Q2 FY2027
Presentation · 2026-10-06 · YouTube
Q1 FY20272026-07-01
STZ Stock: 12x Earnings, And Buffett Bailed - Q1 FY2027
Presentation · 2026-07-01 · YouTube
Short takes Q1 FY2027
STZ -14% — Modelo & Corona shrinking #Shorts
Watch Short on YouTube
Q4 FY20262026-04-16
STZ Stock: EPS Beats by 11% — Q4 FY2026 Earnings Analysis
Presentation · 2026-04-16 · YouTube