STZCONSTELLATION BRANDS, INC.
Beverages
- Revenue
- $9.1B
- 10% YoY
- Operating margin
- 29.8%
- 757% YoY
- EBITDA
- $3.1B
- 292% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.2×
- $10.1B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear158% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear61% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear24% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $8.8B | $9.5B | $10.0B | $10.2B | $9.1B | 10% |
| Operating income | $2.3B | $2.8B | $3.2B | $355M | $2.7B | 667% |
| Net income | −$40M | −$71M | $1.7B | −$81M | $1.7B | 2172% |
| Operating cash flow | $2.7B | $2.8B | $2.8B | $3.2B | $2.7B | 15% |
| Capex | $1.0B | $1.0B | $1.3B | $1.2B | $875M | 28% |
| Stock-based comp | $45M | $69M | $64M | $72M | $68M | 6.2% |
| Buybacks | $1.4B | $1.7B | $250M | $1.1B | $924M | 18% |
| Dividends | $573M | $588M | $654M | $732M | $716M | 2.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $14M | $11M | 80 | 167 |
| FY2025 | $15M | −$854K | 87 | 144 |
| FY2024 | $15M | $19M | 121 | 126 |
| FY2023 | $16M | $16M | 107 | 129 |
| FY2022 | $12M | $5M | 102 | 125 |