What is the primary revenue source for Constellation Brands (STZ)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze STZ's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Constellation Brands's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Constellation Brands Makes Money: STZ Revenue Breakdown (2027)

Operations

Where did the money come from, and where was it spent?

Neutral

Revenue and operating profit showed little change or moved in different directions year over year, with no clear trend.

The largest revenue segment accounts for 93.87% of revenue, indicating concentration.

Operating margin improved by 6.37 percentage points year over year.

Revenue: USD 2.43B
Largest revenue segment share (Beer): 93.87%
Cost of revenue: USD 1.11B
Selling, general and administrative: USD 457.00M

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of product sold · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative expense · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Beer)Beer · segment_value / revenue * 100
Operating marginOperating income (loss) · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Property, plant and equipment: USD 8.51B
Goodwill: USD 5.25B
Inventory: USD 1.45B
Total liabilities: USD 13.56B
Shareholder equity: USD 8.55B

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty, plant, and equipment, net of accumulated depreciation of $3,140.8 and $3,095.1, respectively · PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Shareholder equityTotal stockholders’ equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesTotal liabilities · Liabilities
InventoryInventories · InventoryNet

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 99.68% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 653.80M
Operating cash flow: USD 651.70M
Cash conversion: 99.68%
Free cash flow: USD 474.50M

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

Net incomeNet income (loss) attributable to cbi · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 178.70M
Share repurchases: USD 223.80M
Net shareholder return: USD 402.50M

View calculation evidence

YoY periods: Q1 2027 compared with Q1 2026

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?