Constellation Brands (STZ) stock
Consumer Staples · Distillers & Vintners
Constellation Brands (STZ) is a Distillers & Vintners company in the Consumer Staples sector, headquartered in Rochester, New York. As of October 23, 2026, STZ closed at $138.68, a market capitalization of $23.47 billion, the 372nd largest company in the S&P 500. Over the last twelve months it generated $9.21 billion in revenue (+6% year over year) and $1.84 billion in free cash flow. The stock trades at 12.4x trailing earnings and 11.5x forward earnings.
- 1-year total return: +2.2% (dividends reinvested)
- 5-year return: -7.0% a year
- 52-week range: $110.60 – $168.60
- Gross margin 52.8%, operating margin 33.6%
- Dividend yield: 2.97%, 10 straight years of increases
- FI Handbook report card: B across 9 metrics
- 26th largest of 34 Consumer Staples stocks in the S&P 500
STZ price chart
1Y price change: -0.7% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| STZ | +19.0% | +2.7% | +2.2% | -13.9% | -7.0% | -0.3% | +14.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1992.
STZ key statistics
- Market cap
- $23.5B
- #372 in S&P 500
- P/E (TTM)
- 12.4x
- Forward P/E
- 11.5x
- EPS (TTM)
- $11.17
- Revenue (TTM)
- $9.2B
- +6%
- Free cash flow
- $1.8B
- Gross margin
- 52.8%
- Operating margin
- 33.6%
- Return on equity
- 24.0%
- Dividend yield
- 2.97%
- 52-week range
- $110.60 – $168.60
- Beta
- 0.43
- Price / sales
- 2.5x
- EV / EBITDA
- 9.9x
- Debt / equity
- 1.16x
- Employees
- 9,400
STZ report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth6.1%C
- Gross margin52.8%B
- Operating margin33.6%A
- FCF margin20.0%B
- Return on equity24.0%B
- Net debt / EBITDA3.0xD
- Forward P/E11.5xA
- PEG ratio1.5xB
- Shareholder yield6.9%A
- Share count change / yr——
Constellation Brands financials
Revenue went from $7.3B in fiscal 2017 to $9.1B in fiscal 2026, growing 2.5% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.3B | $7.6B | $8.1B | $8.3B | $8.6B | $8.8B | $9.5B | $10.0B | $10.2B | $9.1B |
| Gross profit | $3.5B | $3.8B | $4.1B | $4.2B | $4.5B | $4.7B | $4.8B | $5.0B | $5.3B | $4.7B |
| Operating income | $2.4B | $2.3B | $2.4B | $2.2B | $2.8B | $2.3B | $2.8B | $3.2B | $354.9M | $2.7B |
| Net income | $1.5B | $2.3B | $3.4B | -$11.8M | $2.0B | -$40.4M | -$71.0M | $1.7B | -$81.4M | $1.7B |
| Free cash flow | — | $873.8M | $1.4B | $1.8B | $1.9B | $1.7B | $1.7B | $1.5B | $1.9B | $1.8B |
| Buybacks | $1.1B | $1.0B | $504.3M | $50.0M | $0 | $1.4B | $1.7B | $249.7M | $1.1B | $924.1M |
| Dividends paid | $315.1M | $400.1M | $557.7M | $569.2M | $575.0M | $573.0M | $587.7M | $653.8M | $731.8M | $715.7M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into STZ?
A reverse DCF asks what growth the current price requires. With an enterprise value of $33.7B and $1.8B of trailing free cash flow, Constellation Brands needs to grow free cash flow about 8.4% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -1.6% a year over the last five years.
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
STZ dividend
- Dividend yield
- 2.97%
- Annual dividend
- $4.12
- Years of increases
- 10
- 5-yr dividend growth
- 6.3%
- per year
- Payout ratio
- 37%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
STZ analyst price targets
23 analysts' average 12-month target is $150.87 (+9% vs. $138.68). Targets range from $99.00 to $209.00. 58% rate it a buy.
STZ earnings
Next report: January 7, 2027. Constellation Brands has beaten EPS estimates 5 quarters in a row. Last quarter's revenue was $2.6B (+6% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 6, 2026 | $3.55 | $3.74 | +5.5% |
| Jun 30, 2026 | $3.20 | $3.43 | +7.1% |
| Apr 8, 2026 | $1.71 | $1.90 | +10.8% |
| Jan 7, 2026 | $2.63 | $3.06 | +16.2% |
| Oct 6, 2025 | $3.41 | $3.63 | +6.5% |
| Jul 1, 2025 | $3.29 | $3.22 | -2.3% |
| Apr 9, 2025 | $2.27 | $2.63 | +15.9% |
| Jan 10, 2025 | $3.31 | $3.25 | -1.9% |
Stocks like STZ
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 BF-B Brown Forman | -2.55% | +8% | $13.5B | 19.0x | Compare |
 WMT Walmart | -1.02% | +13% | $954.1B | 43.4x | Compare |
 COST Costco Wholesale | -1.46% | +7% | $444.6B | 48.3x | Compare |
 KO Coca-Cola | -2.76% | +36% | $398.9B | 27.8x | Compare |
 PG Procter & Gamble | -2.76% | +10% | $373.2B | 24.3x | Compare |
 PM Philip Morris International | -1.13% | +31% | $310.9B | 29.1x | Compare |
 PEP Pepsico | -2.20% | -7% | $185.0B | 17.1x | Compare |
 MO Altria | -2.31% | +23% | $124.1B | 15.6x | Compare |
STZ news
- How Constellation Brands Stock Is Winning Beer Share Despite Margin Pressure · Oct 23, 2026
- What Is The Biggest Threat To Constellation Brands Stock? · Oct 22, 2026
- Has Constellation Brands Stock Become A Different Bet? · Oct 21, 2026
- Constellation Brands Stock Has One Thing Left To Prove · Oct 20, 2026
- Modelo, Pacifico maker stabilizes beer inventory following undersupply · Oct 20, 2026
STZ stock FAQ
What is STZ's market cap?
Constellation Brands's market capitalization is $23.47 billion as of October 23, 2026, ranking 372nd in the S&P 500.
What is STZ's P/E ratio?
STZ trades at a trailing price-to-earnings ratio of 12.4x and a forward P/E of 11.5x.
Does STZ pay a dividend?
Yes. Constellation Brands pays $4.12 per share a year, a 2.97% yield. It has raised its dividend 10 years in a row. Dividends grew 6.3% a year over the last five years.
How much has STZ stock returned?
Including reinvested dividends, STZ returned +2.2% over one year, -7.0% a year over five years, -0.3% a year over ten years through October 23, 2026.
Is STZ stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Constellation Brands must grow free cash flow about 8% a year for the next decade. Its free cash flow fell 2% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the STZ price target?
23 analysts cover STZ with an average 12-month price target of $150.87, +9% from the current price. 58% of them rate it a buy.
When does STZ report earnings?
Constellation Brands is expected to report earnings on January 7, 2027. It has beaten EPS estimates 5 quarters in a row.
How many employees does Constellation Brands have?
Constellation Brands has about 9,400 full-time employees, or $979,649 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology