Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the US, generating more than 90% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona.
It is a $20.8B consumer staples company. Revenue shrank 4.3% over the last year, and it keeps 21¢ of every dollar of sales as profit. It trades at 10.8× earnings — near the lowest of its own history.
- Website
- cbrands.com
- Location
- Rochester, NY
- Employees
- 9 400
- Sector
- Consumer Defensive
- Founded
- 1945
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth and Health lag behind.
Valuation95
- P/E vs own history2th pct · 25/25
- FCF yield8.9% · 25/25
- P/S2.3x · 20/25
- EV/EBITDA9.7x · 25/25
Growth18
- Revenue CAGR0.9% · 6/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth10.6% · 12/25
Profitability70
- ROICn/a · 0/25
- ROE23.6% · 20/25
- Net margin20.9% · 25/25
- Operating margin30.2% · 25/25
Health24
- Altman Zn/a · 0/25
- Current ratio1.00 · 6/25
- Interest coverage7.9x · 18/25
- Net cash / debtn/a · 0/25
Quality81
- Piotroski F7/9 · 22/25
- Beneish M-7.66 · 25/25
- FCF conversion96% · 22/25
- Margin stabilityσ 8.5% · 12/25
Moat50
- ROIC >12% years2/10 yrs · 0/25
- Median gross margin50.4% · 20/25
- FCF-positive years11/11 yrs · 25/25
- Worst-year net marginworst -0.8% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialRevenue crossed $10B$10.2B for the year
- Jun 24, 2024MilestoneConstellation Brands re-located its headquarters to a 170,000 square foot campus on the site of…
- 2020AcquisitionConstellation Brands acquired Empathy Wines, co-founded by entrepreneur Gary Vaynerchuk
- 2019AcquisitionConstellation announced it had acquired a minority stake in Black Button Distilling, a craft…
- FY2019FinancialBest year on record$3.44B net income
- 2017AcquisitionConstellation announced the acquisition of Funky Buddha Brewery of Oakland Park, Florida
- 2016AcquisitionConstellation announced the $160 million acquisition of High West Distillery of Park City, Utah
- FY2016FinancialFirst recorded profitable year$1.05B net income
- FY2016FinancialRevenue already above $1B$7.22B in first reported year
- FY2016FinancialPositive free cash flow every year since11-year streak
- 2015AcquisitionConstellation announced the $1 billion acquisition of Ballast Point Brewing of San Diego
- 2014AcquisitionConstellation finalized a joint venture with Owens-Illinois and completed the acquisition of Anheuser-Busch…
- 2000MilestoneThe company changed its name to Constellation Brands, Inc
- 1987AcquisitionThe company purchased the Manischewitz winery in Canandaigua, New York
- 1945FoundedThe company was established in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (52.6%)
- Strongly profitable — 20.9% net margin
- Strong cash conversion — FCF is 20.0% of revenue
- Interest covered 7.9× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Revenue shrinking 4.3% year over year
- Loss-making in 4 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-4.3% YoY
- Profitable — makes more than it spends$1.92B TTM
- Profit growing — earnings are higher than last year+1.0% YoY
- Generates cash — cash left after running and investing$1.84B TTM
- Debt under control — could handle its obligationscurrent ratio 1.00
- Established company — not a micro-cap — lower blow-up risk$20.8B market cap
- Not printing shares — share count not ballooning — you keep your slice-8.4% shares over ~5y
- Proven track record — years of profitability behind it7/11 profitable years
- Financially stable — balance sheet not near distresshealth score 24/100
- Pays a dividend — returns cash to shareholdersyield 3.41%
- Valuation not extreme — price not wildly above earningsP/E 10.8
Peer comparisonConstellation Brands, Inc. vs 6 largest consumer defensive peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| STZ this company | $20.8B | 10.8 | -4.3% | 20.9% | Strained |
| WMT Walmart Inc. | $882.9B | 40.8 | +6.2% | 3.0% | Strained |
| COST Costco Wholesale Corp | $419.2B | 45.5 | +10.1% | 3.0% | Mixed |
| KO Coca-Cola Company | $379.3B | 26.5 | +6.5% | 28.6% | Mixed |
| PG Procter & Gamble Company | $351.2B | 21.9 | +3.3% | 18.4% | Solid |
| PM Philip Morris International Inc. | $313.6B | 28.8 | +8.9% | 25.6% | Strained |
| PEP PepsiCo, Inc. | $171.8B | 16.5 | +6.4% | 11.1% | Strained |
Head-to-head: STZ vs WMT · STZ vs COST · STZ vs KO
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/STZ
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Deeper analysis of STZ on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $122.64 · market cap $20.8B.