Constellation Brands (STZ) Operating Margin (2009 - 2026)
Constellation Brands' (STZ) quarterly Operating Margin came in at 32.63% in Q2 2026, down 40663.0% year-on-year from N/an in Q2 2025, and up 41.89% quarter-over-quarter from 23.0% in Q1 2026.
Constellation Brands (STZ) Operating Margin (2009 - 2026) Analysis & Trends
Constellation Brands' Operating Margin history runs 18 years deep, the most recent figure standing at 32.63% for Q2 2026.
- On a quarterly basis, Operating Margin fell 40663.0% year-over-year to 32.63% in Q2 2026; TTM through May 2026 was 30.39%, a 2785.0% increase from a year earlier, with the FY2026 full-year figure at 441.43%, up 43795.0% from the prior year.
- Operating Margin climbed to 32.63% in Q2 2026 per STZ's latest filing, from 23.0% in the prior quarter.
- Across five years, Operating Margin topped out at 439.26% in Q2 2025 and bottomed at 558.31% in Q3 2024.
- The 5-year median for Operating Margin is 32.2% (2024), against an average of 60.8%.
- Across the five-year window, Operating Margin slumped 59281 bps in 2024 and soared 59124 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 396.97% in 2022, then gained by 7 bps to 425.47% in 2023, then slumped by 92 bps to 32.19% in 2024, then decreased by 3 bps to 31.13% in 2025, then gained by 5 bps to 32.63% in 2026.
- Per Business Quant, the three latest STZ Operating Margin figures stand at 32.63% (Q2 2026), 23.0% (Q1 2026), and 31.13% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,345.35 Bn | 3,704.13 Bn | 387.52 Bn | 54.39% |
| 2 | Mexican Economic Development | 1,212.02 Bn | 1,205.86 Bn | - | - |
| 3 | Anheuser-Busch InBev | 165.17 Bn | 152.95 Bn | 8.61 Bn | 23.39% |
| 4 | Ambev | 49.35 Bn | 45.58 Bn | 2.42 Bn | 27.83% |
| 5 | Constellation Brands | 23.17 Bn | 23.07 Bn | 1.32 Bn | 32.63% |
| 6 | Molson Coors Beverage | 8.11 Bn | 7.73 Bn | 897.20 Mn | 70.42% |
| 7 | Boston Beer | 1.95 Bn | 1.68 Bn | 286.37 Mn | 11.64% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 32.63% |
| Feb 28, 2026 | 23.00% |
| Nov 30, 2025 | 31.13% |
| Aug 31, 2025 | 32.93% |
| May 31, 2025 | 439.26% |
| Feb 28, 2025 | -6.94% |
| Nov 30, 2024 | 32.19% |
| Aug 31, 2024 | -558.31% |
| May 31, 2024 | 35.37% |
| Feb 29, 2024 | 29.42% |
| Nov 30, 2023 | 425.47% |
| Aug 31, 2023 | 34.50% |
| May 31, 2023 | 28.33% |
| Feb 28, 2023 | 23.36% |
| Nov 30, 2022 | 396.97% |
| Aug 31, 2022 | 28.39% |
| May 31, 2022 | 34.55% |
| Feb 28, 2022 | 32.22% |
| Nov 30, 2021 | 36.19% |
| Aug 31, 2021 | 381.23% |