Operating Income for Constellation Brands (STZ)
According to Constellation Brands's latest reported financial statements, the company's current operating income (TTM) is $2.86B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.86B
YoY change
-20.9%
5Y CAGR
+0.0%
Peak year (2025)
$3.62B
Cumulative operating income
$40.50B
Operating Income history chart for Constellation Brands (STZ) from 1986 to 2026
Operating Income history table for Constellation Brands (STZ) from 1986 to 2026
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2026 | $2.86B | -20.9% | ||
| 2025 | $3.62B | +15.5% | ||
| 2024 | $3.13B | +4.8% | ||
| 2023 | $2.99B | +2.9% | ||
| 2022 | $2.90B | +1.6% | ||
| 2021 | $2.86B | +3.2% | ||
| 2020 | $2.77B | +4.4% | ||
| 2019 | $2.65B | +16.4% | ||
| 2018 | $2.28B | +1.4% | ||
| 2017 | $2.25B | +18.1% | ||
| 2016 | $1.90B | +20.8% | ||
| 2015 | $1.58B | +35.8% | ||
| 2014 | $1.16B | +109.0% | ||
| 2013 | $555.60M | +4.5% | ||
| 2012 | $531.80M | +5.0% | ||
| 2011 | $506.30M | -0.5% | ||
| 2010 | $509.00M | -6.6% | ||
| 2009 | $544.80M | +3.5% | ||
| 2008 | $526.30M | -32.5% | ||
| 2007 | $779.80M | +9.5% | ||
| 2006 | $712.18M | +17.3% | ||
| 2005 | $607.00M | +24.5% | ||
| 2004 | $487.36M | +20.3% | ||
| 2003 | $404.96M | +18.2% | ||
| 2002 | $342.48M | +26.4% | ||
| 2001 | $270.87M | +12.6% | ||
| 2000 | $240.55M | +62.0% | ||
| 1999 | $148.50M | +26.9% | ||
| 1998 | $117.00M | +43.0% | ||
| 1997 | $81.80M | +209.8% | ||
| 1996 | $26.40M | -28.6% | ||
| 1995 | $37.00M | +17.8% | ||
| 1994 | $31.40M | +30.8% | ||
| 1993 | $24.00M | +55.8% | ||
| 1992 | $15.40M | +51.0% | ||
| 1991 | $10.20M | +34.2% | ||
| 1990 | $7.60M | -272.7% | ||
| 1989 | -$4.40M | -72.0% | ||
| 1988 | -$15.70M | -178.5% | ||
| 1987 | $20.00M | +13.0% | ||
| 1986 | $17.70M | — |
Operating Income values are taken from Constellation Brands's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2026's annual operating income for Constellation Brands (STZ) came in at $2.86B – declined 20.9% year-over-year.
Through 2021–2026 (5 years), Constellation Brands operating income delivered a +0.0% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2025 and 2026, Constellation Brands operating income declined 20.9%, falling from $3.62B to $2.86B.
2025 marks the peak operating income at $3.62B, with the historical low of -$15.70M recorded in 1988.
Constellation Brands (STZ) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $14.35B.
Constellation Brands Operating Income by Year
Constellation Brands Operating Income 2026: $2.86B
Constellation Brands operating income in 2026 was $2.86B, declined 20.9% below 2025.
Constellation Brands Operating Income 2025: $3.62B
Constellation Brands operating income in 2025 was $3.62B, grew 15.5% from 2024. This figure represents the highest annual value in the available history.
Constellation Brands Operating Income 2024: $3.13B
Constellation Brands operating income in 2024 was $3.13B, edged up 4.8% from 2023.
Constellation Brands Operating Income 2023: $2.99B
Constellation Brands operating income in 2023 was $2.99B, edged up 2.9% from 2022.
Constellation Brands Operating Income 2022: $2.90B
Constellation Brands operating income in 2022 was $2.90B.
See more financial history for Constellation Brands (STZ).
Sector peers — Operating Income
Companies in the same sector as Constellation Brands, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is Constellation Brands's operating income?
- Latest reported operating income for Constellation Brands (STZ) is $2.86B (period ending February 28, 2026).
How has Constellation Brands operating income changed year-over-year?
- Constellation Brands (STZ) operating income changed -20.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Constellation Brands operating income?
- Constellation Brands (STZ) operating income compound annual growth rate is +0.0% over the most recent 5 years available.
When did Constellation Brands operating income hit its highest annual value?
- Constellation Brands operating income reached its highest annual value of $3.62B in 2025.
What was Constellation Brands operating income in 2025?
- Constellation Brands (STZ) operating income in 2025 was $3.62B.
What was Constellation Brands operating income in 2026?
- Constellation Brands (STZ) operating income in 2026 was $2.86B.
Metrics overview
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