Constellation Brands (STZ) Gross Margin (2009 - 2026)
Constellation Brands (STZ) recorded quarterly Gross Margin of 49.56% in Q1 2026, down 0.54% quarter-over-quarter from 49.83% in Q4 2025, and down 194.0% on a YoY basis from 52.73% in Q1 2025.
Constellation Brands (STZ) Gross Margin (2009 - 2026) Analysis & Trends
Constellation Brands' Gross Margin history runs 18 years deep, the most recent figure standing at 49.56% for Q1 2026.
- In Q1 2026, Gross Margin fell 194.0% year-over-year to 49.56%; the TTM figure through Feb 2026 stood at 48.95% (down 311.0% YoY), while the FY2026 annual figure was 48.3%, down 21.0% from the prior year.
- Gross Margin was 49.56% for Q1 2026 at Constellation Brands, down from 49.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 53.87% in Q1 2022 to a low of 47.31% in Q2 2025.
- Historically, Gross Margin has averaged 50.42% across 5 years, with a median of 50.01% in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 576 bps in 2023, then surged 433 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 50.36% in 2022, then dropped by 5 bps to 47.8% in 2023, then climbed by 9 bps to 52.13% in 2024, then decreased by 4 bps to 49.83% in 2025, then decreased by 1 bps to 49.56% in 2026.
- The last three Gross Margin figures came in at 49.56% (Q1 2026), 49.83% (Q4 2025), and 49.36% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 47.29% |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn | 55.37% |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn | 52.63% |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn | 49.56% |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn | 33.01% |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn | 49.31% |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 33.01% |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 55.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 49.56% |
| Nov 30, 2025 | 49.83% |
| Aug 31, 2025 | 49.36% |
| May 31, 2025 | 47.31% |
| Feb 28, 2025 | 51.51% |
| Nov 30, 2024 | 52.13% |
| Aug 31, 2024 | 51.79% |
| May 31, 2024 | 52.74% |
| Feb 29, 2024 | 48.58% |
| Nov 30, 2023 | 47.80% |
| Aug 31, 2023 | 51.11% |
| May 31, 2023 | 50.01% |
| Feb 28, 2023 | 48.11% |
| Nov 30, 2022 | 50.36% |
| Aug 31, 2022 | 49.94% |
| May 31, 2022 | 53.11% |
| Feb 28, 2022 | 53.87% |
| Nov 30, 2021 | 52.82% |
| Aug 31, 2021 | 47.94% |
| May 31, 2021 | 55.23% |