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Companies / Consumer Staples / Constellation Brands
STZ

Constellation Brands

Consumer StaplesBeveragesS&P 500
Ticker STZROCHESTER, NYFiscal year ends FebruaryBook value per share $50.07Diluted shares 171.5M

Constellation Brands, Inc. (NYSE: STZ) is an international producer and marketer of beer, wine, and spirits headquartered in Rochester, New York. The company operates through three reportable segments: Beer, Wine and Spirits, and Corporate Operations and Other. For fiscal year 2026, Beer generated $8.3 billion in net… From the company’s description.

Fiscal year 2026 · ends 02-28Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-08-31
Sales & profitability
$9.14BFY2026
−10.5% year over year
Last 12 mo $9.21B
29.78%FY2026
+26.3 percentage points
Last 12 mo 30.23%
$1.76BFY2026
+5748.9% year over year
Last 12 mo $2.00B
20.87%FY2026
−44 percentage points
Last 12 mo 22.41%
Cash & financing
$2.67BFY2026
−15.3% year over year
Last 12 mo $2.66B
$1.79BFY2026
−7.4% year over year
Last 12 mo $1.84B
1.31FY2026
Was 1.67× a year earlier
Last 12 mo 1.20
175.6MFY2026
−3.3% year over year
Last 12 mo 171.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Constellation Brands does

In the company’s own words

Constellation Brands, Inc. (NYSE: STZ) is an international producer and marketer of beer, wine, and spirits headquartered in Rochester, New York. The company operates through three reportable segments: Beer, Wine and Spirits, and Corporate Operations and Other. For fiscal year 2026, Beer generated $8.3 billion in net sales while Wine and Spirits contributed $823.8 million, with the Beer segment representing the dominant portion of consolidated revenues of $9.1 billion.

The company maintains operations across the United States, Mexico, New Zealand, and Italy. As of February 2026, Constellation employed approximately 9,400 people, including roughly 1,100 through an equally-owned joint venture. The Beer segment operates two breweries in Nava and Obregón, Mexico, with a third under construction in Veracruz. The Wine and Spirits segment operates nine wineries in the United States, two in New Zealand, and six in Italy, along with three distilleries in the United States.

Constellation holds the number one position in U.S. beer dollar sales with the Modelo Especial brand and serves as the second-largest beer company overall. The company's beer portfolio includes the Modelo family, Corona family, Pacifico, and Victoria brands, among others. In wine and spirits, the company markets higher-end brands including Kim Crawford, Ruffino, The Prisoner Wine Company, Robert Mondavi Winery, High West, and Casa Noble.

The company's business model centers on brand-building and premiumization, with distribution primarily through wholesale distributors and state alcohol beverage control agencies across the United States. The company owns or leases approximately 10,000 acres of vineyards in New Zealand, the United States, and Italy. A significant competitive advantage derives from the company's exclusive sub-license to use beer brand trademarks in all 50 U.S. states and its partnership with Owens-Illinois in an equally-owned joint venture operating a glass production plant adjacent to the Nava Brewery, which supplies approximately 60 percent of annual glass bottle requirements.

More information is available at www.constellationbrands.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Beverages
Headquarters
ROCHESTER, NY
Fiscal year end
February
CIK
16918
SIC
2080

Financial performance, year by year

Fiscal 2014–2026 · USD
$-1.06B$2.01B$5.09B$8.16B$11.23B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Constellation Brands — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

656
funds hold it
2 of 35
superinvestors hold it
$10.35B
held by funds, at market
42.6%
of shares held by funds
19
bond issues held by funds

Superinvestors in Constellation Brands · what they did last quarter

Bill NygrenDECREASED -4.2%
Harris Associates (Oakmark)
0.6%of 13F portfolio
Mark HillmanDECREASED -16.7%
Hillman Capital Management
1.6%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Constellation Brands’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
0.20%of fund net assets
—of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.20%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Constellation Brands’s bonds, as funds hold them

Funds report holding 19 issues of Constellation Brands’s debt, $1.67B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.03%, maturing 2026 to 2050.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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