Constellation Brands, Inc. (STZ)
NYSE: STZ · Real-Time Price · USD
138.68
-0.30 (-0.22%)
At close: Oct 23, 2026, 4:00 PM EDT
138.03
-0.65 (-0.47%)
After-hours: Oct 23, 2026, 7:52 PM EDT
Constellation Brands Cash Flow Statement
Financials in millions USD. Fiscal year is March - February.
Millions USD. Fiscal year is Mar - Feb.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Net Income | 1,924 | 1,687 | -81.4 | 1,727 | -71 | -40.4 |
Depreciation & Amortization | 406.5 | 420 | 447 | 429.2 | 383.8 | 342.4 |
Other Amortization | - | - | - | - | 34 | 39.9 |
Loss (Gain) From Sale of Assets | 31.9 | 31.9 | -266 | 15.1 | -15 | - |
Asset Writedown & Restructuring Costs | 125.8 | 109.8 | 3,276 | - | 53.5 | 665.9 |
Loss (Gain) From Sale of Investments | 6.5 | 6.5 | 56.6 | 221.5 | 1,106 | 1,594 |
Loss (Gain) on Equity Investments | -2.5 | -2.5 | -5.4 | 321.2 | 971.8 | 61.6 |
Stock-Based Compensation | 70.5 | 67.7 | 72.2 | 63.6 | 68.5 | 44.9 |
Other Operating Activities | 372.5 | 534.1 | -212.3 | 289.8 | 499.6 | 183 |
Change in Accounts Receivable | -7.5 | 82.9 | 90.3 | 73.2 | -3.9 | -114 |
Change in Inventory | 3.3 | -48.3 | -152.2 | -182.3 | -356.4 | -261.3 |
Change in Accounts Payable | 16.1 | -3.7 | 101.5 | 24.7 | 114.9 | 213.7 |
Change in Unearned Revenue | -14.6 | -71.5 | -35.5 | -11 | 12.8 | 118 |
Change in Other Net Operating Assets | -274.4 | -144.6 | -138.3 | -192.4 | -41.9 | -142 |
Operating Cash Flow | 2,658 | 2,669 | 3,152 | 2,780 | 2,757 | 2,705 |
Operating Cash Flow Growth | -4.00% | -15.33% | 13.39% | 0.84% | 1.90% | -3.60% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Capital Expenditures | -819 | -875 | -1,214 | -1,269 | -1,035 | -1,027 |
Sale of Property, Plant & Equipment | 32.3 | 59 | 35.5 | 21.9 | 6.7 | 4.1 |
Cash Acquisitions | -15.3 | - | -158.7 | -7.5 | -37.1 | -53.5 |
Divestitures | 13.3 | 850.5 | 409.2 | 5.4 | 96.7 | 4.6 |
Investment in Securities | -18 | -18 | -35 | -34.6 | -30.8 | 37.8 |
Other Investing Activities | 8 | - | -11.7 | -2 | 0.5 | -2 |
Investing Cash Flow | -798.7 | 16.5 | -974.8 | -1,286 | -999.4 | -1,036 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Short-Term Debt Issued | - | - | 565.3 | - | 842.3 | 323 |
Long-Term Debt Issued | - | 997.7 | - | 1,144 | 3,345 | 995.6 |
Total Debt Issued | 998.3 | 997.7 | 565.3 | 1,144 | 4,187 | 1,319 |
Short-Term Debt Repaid | - | -534.8 | - | -923.9 | - | - |
Long-Term Debt Repaid | - | -1,404 | -957 | -809.7 | -2,160 | -1,365 |
Total Debt Repaid | -1,241 | -1,939 | -957 | -1,734 | -2,160 | -1,365 |
Net Debt Issued (Repaid) | -242.2 | -941.5 | -391.7 | -589.2 | 2,028 | -46.7 |
Issuance of Common Stock | 2 | 7.7 | 73.8 | 104.5 | 42.4 | 177.6 |
Repurchase of Common Stock | -783.8 | -933.5 | -1,138 | -260.9 | -1,711 | -1,400 |
Common Dividends Paid | -708.4 | -715.7 | -731.8 | -653.8 | -587.7 | -573 |
Other Financing Activities | -102 | -73 | -74.5 | -75.2 | -1,592 | -87.1 |
Financing Cash Flow | -1,834 | -2,656 | -2,262 | -1,475 | -1,820 | -1,930 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Foreign Exchange Rate Adjustments | 1.3 | 4.8 | 0.1 | -0.6 | -3.5 | -1.3 |
Net Cash Flow | 26.5 | 34.3 | -84.3 | 18.9 | -65.9 | -261.2 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Free Cash Flow | 1,839 | 1,794 | 1,938 | 1,511 | 1,722 | 1,679 |
Free Cash Flow Growth | -0.48% | -7.43% | 28.27% | -12.23% | 2.56% | -13.56% |
Free Cash Flow Margin | 19.97% | 19.63% | 18.98% | 15.17% | 18.21% | 19.03% |
Free Cash Flow Per Share | 10.64 | 10.22 | 10.68 | 8.21 | 8.94 | 8.80 |
Levered Free Cash Flow | 1,118 | 2,048 | 1,062 | 874.13 | 837.79 | 1,054 |
Unlevered Free Cash Flow | 1,334 | 2,274 | 1,324 | 1,151 | 1,064 | 1,237 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Feb '26 Feb 28, 2026 | Feb '25 Feb 28, 2025 | Feb '24 Feb 29, 2024 | Feb '23 Feb 28, 2023 | Feb '22 Feb 28, 2022 |
Cash Interest Paid | 346.2 | 346.2 | 416.1 | 418.6 | 386.3 | 368.5 |
Cash Income Tax Paid | 173.6 | 173.6 | 197.1 | 333.5 | 129.7 | 324.7 |
Change in Working Capital | -277.1 | -185.2 | -134.2 | -287.8 | -274.5 | -185.6 |