Constellation Brands STZ
NYSE STZ
$122.22 +0.67 (+0.55%)
As of: Sep 10, 2026 · 9:53 AM EDT

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

Constellation Brands (STZ) posted Operating Margin of 32.63% for Q2 2026, up 41.89% on a QoQ basis from 23.0% in Q1 2026, and up 597.0% year-over-year from 4.68% in Q2 2025.

Analysis

Constellation Brands (STZ) Operating Margin (2009 - 2026) Analysis & Trends

Constellation Brands has reported Operating Margin for 18 years, with the latest figure at 32.63% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 597.0% year-over-year to 32.63% in Q2 2026; TTM through May 2026 was 29.91%, a 2871.0% increase from a year earlier, with the FY2026 full-year figure at 27.9%, up 2466.0% from the prior year.
  • Operating Margin was 32.63% for Q2 2026 at Constellation Brands, up from 23.0% in the prior quarter.
  • The five-year high for Operating Margin was 32.93% in Q3 2025, with the low at 39.16% in Q3 2024.
  • Average Operating Margin over 5 years is 23.64%, with a median of 29.28% recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin plunged 7122 bps in 2024, then jumped 7210 bps in 2025.
  • Over 5 years, Operating Margin stood at 28.45% in 2022, then grew by 5 bps to 29.98% in 2023, then grew by 0 bps to 29.99% in 2024, then declined by 3 bps to 29.14% in 2025, then gained by 12 bps to 32.63% in 2026.
  • The last three Operating Margin figures came in at 32.63% (Q2 2026), 23.0% (Q1 2026), and 29.14% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Ambev 46.85 Bn 43.23 Bn 2.06 Bn 23.89%
2 Constellation Brands 20.95 Bn 20.85 Bn 1.32 Bn 32.63%
3 Molson Coors Beverage 7.09 Bn 4.96 Bn 1.06 Bn 9.21%
4 United Breweries 2.18 Bn -370.84 Bn 252.83 Bn -5.56%
5 Boston Beer 1.71 Bn 1.44 Bn 286.37 Mn 11.64%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 32.63%
Feb 28, 2026 23.00%
Nov 30, 2025 29.14%
Aug 31, 2025 32.93%
May 31, 2025 26.66%
Feb 28, 2025 -6.94%
Nov 30, 2024 29.99%
Aug 31, 2024 -39.16%
May 31, 2024 32.92%
Feb 29, 2024 29.42%
Nov 30, 2023 29.98%
Aug 31, 2023 32.06%
May 31, 2023 28.33%
Feb 28, 2023 23.36%
Nov 30, 2022 28.45%
Aug 31, 2022 28.39%
May 31, 2022 32.13%
Feb 28, 2022 32.22%
Nov 30, 2021 33.50%
Aug 31, 2021 28.82%