Cash Flow Statement
Growth Metrics

Constellation Brands (STZ) Gross Margin (2009 - 2026)

Constellation Brands' quarterly Gross Margin came in at 49.56% in Q1 2026, down 194.0% year-on-year from 52.73% in Q1 2025, and down 0.54% quarter-over-quarter from 49.83% in Q4 2025.

Constellation Brands has reported Gross Margin for 18 years, with the latest figure at 49.56% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 194.0% year-over-year to 49.56%; the trailing twelve-month figure through Feb 2026 stood at 48.95% (down 311.0% YoY), and the FY2026 full-year result was 48.3%, down 21.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 49.56%, down from 49.83% in the prior quarter.
  • The five-year high for Gross Margin was 53.87% in Q1 2022, with the low at 47.31% in Q2 2025.
  • Average Gross Margin over 5 years is 50.42%, with a median of 50.01% recorded in 2023.
  • Year-over-year, Gross Margin slumped 576 bps in 2023 and jumped 433 bps in 2024.
  • Tracing STZ's Gross Margin over 5 years: stood at 50.36% in 2022, then declined by 5 bps to 47.8% in 2023, then grew by 9 bps to 52.13% in 2024, then slipped by 4 bps to 49.83% in 2025, then slipped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn 47.29%
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn 55.37%
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 49.56%
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn 52.63%
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 33.01%
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 49.31%

Historic Data

Download Data 🔒
DateValue
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%
Feb 28, 2021 50.88%
Nov 30, 2020 47.97%
Aug 31, 2020 49.43%
May 31, 2020 46.36%
Feb 29, 2020 49.91%
Nov 30, 2019 49.39%
Aug 31, 2019 50.59%
May 31, 2019 49.05%
Feb 28, 2019 49.72%
Nov 30, 2018 49.17%
Aug 31, 2018 50.81%
May 31, 2018 51.22%
Feb 28, 2018 47.97%
Nov 30, 2017 50.52%
Aug 31, 2017 51.19%
May 31, 2017 51.25%
Feb 28, 2017 48.38%
Nov 30, 2016 49.24%
Aug 31, 2016 47.94%
May 31, 2016 47.08%
Feb 29, 2016 45.11%
Nov 30, 2015 44.71%
Aug 31, 2015 44.74%
May 31, 2015 45.18%
Feb 28, 2015 44.06%
Nov 30, 2014 41.44%
Aug 31, 2014 41.89%
May 31, 2014 43.91%
Feb 28, 2014 42.51%
Nov 30, 2013 42.24%
Aug 31, 2013 39.53%
May 31, 2013 38.03%
Feb 28, 2013 37.62%
Nov 30, 2012 40.53%
Aug 31, 2012 40.82%
May 31, 2012 39.48%
Feb 29, 2012 39.04%
Nov 30, 2011 40.37%
Aug 31, 2011 41.00%
May 31, 2011 39.51%
Feb 28, 2011 35.51%
Nov 30, 2010 36.41%
Aug 31, 2010 36.42%
May 31, 2010 34.29%
Feb 28, 2010 496.43%
Nov 30, 2009 28.08%
Aug 31, 2009 28.39%