Question 1

What is Constellation Brands's P/FCF ratio?

Accepted Answer

Constellation Brands (STZ) P/FCF ratio is 12.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Constellation Brands?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Constellation Brands specifically, the relevant sector benchmark is the current sector median of 16.5×.

Question 5

Is Constellation Brands's P/FCF ratio high or low?

Accepted Answer

Constellation Brands's P/FCF ratio of 12.4× is below its own 5-year average of 23.7× and below the sector median of 16.5×. That places the current reading at the 3th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Constellation Brands's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Constellation Brands (STZ) P/FCF ratio has ranged from a low of 4.2× in 2011 to a high of 601.8× in 2002. The 5-year average is 23.7× and the 5-year median is 25.9×.

Question 7

What was Constellation Brands's P/FCF ratio in 2026?

Accepted Answer

Constellation Brands (STZ) P/FCF ratio at the end of 2026 was 15.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Constellation Brands's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$27.4B	$1.79B	15.3×	-1.0×	Feb 28, 2026
2025	$31.6B	$1.94B	16.3×	-13.8×	Feb 28, 2025
2024	$45.5B	$1.51B	30.1×	+6.2×	Feb 29, 2024
2023	$41.1B	$1.72B	23.9×	-3.6×	Feb 28, 2023
2022	$46.1B	$1.68B	27.5×	+5.7×	Feb 28, 2022
2021	$42.2B	$1.94B	21.8×	+3.6×	Feb 28, 2021
2020	$33.1B	$1.82B	18.1×	-5.6×	Feb 29, 2020
2019	$32.3B	$1.36B	23.7×	-24.0×	Feb 28, 2019
2018	$41.7B	$874M	47.7×	+8.4×	Feb 28, 2018
2017	$31B	$789M	39.4×	-14.6×	Feb 28, 2017
2016	$28.2B	$522M	54.0×	-7.5×	Feb 29, 2016
2015	$22.2B	$362M	61.5×	+35.9×	Feb 28, 2015
2014	$15.4B	$603M	25.5×	+9.2×	Feb 28, 2014
2013	$8.09B	$494M	16.4×	+11.4×	Feb 28, 2013
2012	$3.54B	$716M	5.0×	-2.2×	Feb 29, 2012
2011	$3.8B	$530M	7.2×	-4.0×	Feb 28, 2011
2010	$3.3B	$295M	11.2×	+3.7×	Feb 28, 2010
2009	$2.85B	$378M	7.5×	-3.5×	Feb 28, 2009
2008	$4.14B	$376M	11.0×	-28.8×	Feb 29, 2008
2007	$4.82B	$121M	39.8×	+22.5×	Feb 28, 2007
2006	$5.26B	$303M	17.3×	-8.7×	Feb 28, 2006
2005	$5.24B	$201M	26.0×	+11.7×	Feb 28, 2005
2004	$3.38B	$235M	14.4×	+0.8×	Feb 29, 2004
2003	$2.23B	$164M	13.6×	—	Feb 28, 2003


Target (TGT)	18.7×
Tyson Foods (TSN)	18.4×
Colgate-Palmolive (CL)	18.2×
Kenvue (KVUE)	18.1×
Hormel Foods (HRL)	17.1×
Universal Corporation (UVV)	16.5×
Marzetti (MZTI)	15.3×
Kroger (KR)	14.3×
Brown-Forman (BF-B)	13.2×
Performance Food Group (PFGC)	12.9×
Altria Group (MO)	12.8×
Kimberly-Clark (KMB)	12.4×
Dollar Tree (DLTR)	12.0×
General Mills (GIS)	11.1×
McCormick & Company (MKC)	10.8×
Lamb Weston (LW)	10.3×
J. M. Smucker (SJM)	9.0×
Dollar General (DG)	8.7×
Coca-Cola Europacific Partners (CCEP)	8.3×
Archer-Daniels-Midland (ADM)	7.3×
Molson Coors Beverage (TAP)	7.0×
Campbell Soup (CPB)	6.8×
Kraft Heinz (KHC)	6.6×
Conagra Brands (CAG)	6.4×
Albertsons Companies (ACI)	4.4×

P/FCF Ratio for Constellation Brands (STZ) 2003-2026

P/FCF Ratio daily chart for Constellation Brands (STZ)

Historical P/FCF Ratio for Constellation Brands (STZ) from 2003 to 2026

About P/FCF Ratio at Constellation Brands (STZ)

Constellation Brands P/FCF Ratio by Year

Constellation Brands P/FCF Ratio 2026: 15.3×

Constellation Brands P/FCF Ratio 2025: 16.3×

Constellation Brands P/FCF Ratio 2024: 30.1×

Constellation Brands P/FCF Ratio 2023: 23.9×

Constellation Brands P/FCF Ratio 2022: 27.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Constellation Brands (STZ) Key Financials