Constellation Brands, Inc. (STZ) Stock

Constellation Brands, Inc. (STZ) is a Consumer Staples stock trading at $135.65 (as of 2026-08-21), with a market capitalization of $22.44B and a trailing P/E of 12.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Constellation Brands, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits. It distributes products in the United States, Canada, Mexico, New Zealand, and Italy through channels that include wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies.

Understand Constellation Brands, Inc.: how it makes money

Constellation Brands produces, imports, and sells beer, wine, and spirits (for example, Corona and Modelo, plus wine and spirits brands) and makes money from beverage sales to customers across its operating markets.

The company’s profit engine is primarily Beer, since Beer Net Sales (about 1.7B) and Beer Segment Operating Income (Loss) (about 0.95B) are much larger than Wine and Spirits Net Sales (about 0.46B) and Wine and Spirits Segment Operating Income (Loss) (about 0.08B).

Revenue by segment (latest quarter)
Beer$1.7B
Wine&Spirits$0.5B

Business quality (Mixed): Clear segment-level split between Beer and Wine and Spirits for net sales and segment operating income, but no operating KPI inputs were provided here, and the view is limited to one latest period (2025-11-30).

Valuation: At 15× earnings, STZ trades 40% below the Beer & Liquor average (25×). Note: one-time items can distort reported P/E.

Bull case

  • Beer drives segment profits: Beer Segment Operating Income (Loss) is about 0.95B versus Wine and Spirits Segment Operating Income (Loss) of about 0.08B.
  • High overall profitability in the latest period: Gross margin is 53.2% and operating margin is 31.1% for the period ended 2025-11-30.

Bear case

  • Profit concentration risk in segment mix: Because Wine and Spirits contributes much smaller segment operating income than Beer, changes in Beer performance can dominate total results.
Valuation — source: SEC EDGAR (first-party)
Price$135.65
Market Cap$22.44B
P/E Ratio12.3
EV / EBITDA9.7
Price / Book2.62
Price / Sales2.48
Dividend Yield3.2%
FCF Yield8.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$9.14B
Net Margin18.5%
Return on Equity21.3%
Debt / Equity1.10
Current Ratio0.91
Revenue Growth (YoY)-3.3%
FCF Growth (YoY)9.0%
Financial Health — source: SEC EDGAR
Altman Z-Score2.70 (grey)
Valuation vs Sector & Industry
Stock P/E12.3
Sector P/E (Consumer Staples)26.7
Industry P/E (Beer & Liquor)32.8
vs Sector-54.0%
vs Industry-62.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($2.46B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Staples
IndustryBeer & Liquor
CEOWilliam A. Newlands
Employees10,600
CountryUS
IPO Date1992-03-17

Related Companies (Business model: Branded Consumer (CPG, Staples, Beauty, Alcohol, Pet, Nicotine); 8 closest by market cap; US-domiciled)

  • The Coca-Cola Company (KO)
  • PepsiCo, Inc. (PEP)
  • Keurig Dr Pepper Inc. (KDP)
  • Coca-Cola Consolidated, Inc. (COKE)
  • Molson Coors Beverage Company (TAP)
  • Celsius Holdings, Inc. (CELH)
  • Primo Brands Corporation (PRMB)
  • The Vita Coco Company, Inc. (COCO)
STZ earnings history · STZ institutional & insider holders · STZ KPIs & operating metrics · STZ financials · STZ investor presentations & press releases · STZ SEC filings · STZ peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.