Constellation Brands annual gross margin
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2025
Constellation Brands Gross Margin Growth & History (STZ)
Constellation Brands's gross margin was 51.55% for fiscal 2025.
View full Constellation Brands company overviewConstellation Brands annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-02-28 | 51.55% | −0.51 pp |
| 2024 | 2025-02-28 | 52.06% | +1.69 pp |
| 2023 | 2024-02-29 | 50.37% | −0.08 pp |
| 2022 | 2023-02-28 | 50.45% | −2.91 pp |
| 2021 | 2022-02-28 | 53.37% | +1.53 pp |
| 2020 | 2021-02-28 | 51.84% | +2.08 pp |
| 2019 | 2020-02-29 | 49.76% | −0.51 pp |
| 2018 | 2019-02-28 | 50.27% | −0.02 pp |
| 2017 | 2018-02-28 | 50.29% | +2.23 pp |
| 2016 | 2017-02-28 | 48.07% | +7.34 pp |
| 2015 | 2016-02-29 | 40.73% | +2.08 pp |
| 2014 | 2015-02-28 | 38.65% | +1.84 pp |
| 2013 | 2014-02-28 | 36.81% | +1.86 pp |
| 2012 | 2013-02-28 | 34.95% | −0.70 pp |
| 2011 | 2012-02-29 | 35.65% | +6.60 pp |
| 2010 | 2011-02-28 | 29.05% | +1.88 pp |
| 2009 | 2010-02-28 | 27.17% | +1.13 pp |
| 2008 | 2009-02-28 | 26.04% | — |
Constellation Brands quarterly gross margin
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Q2.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-05-31 | 54.29% | +3.92 pp |
| Q4 2025 | 2026-02-28 | 49.56% | −1.94 pp |
| Q3 2025 | 2025-11-30 | 53.23% | +1.10 pp |
| Q2 2025 | 2025-08-31 | 52.80% | +1.01 pp |
| Q1 2025 | 2025-05-31 | 50.36% | −2.38 pp |
| Q4 2024 | 2025-02-28 | 51.51% | +2.93 pp |
| Q3 2024 | 2024-11-30 | 52.13% | +0.70 pp |
| Q2 2024 | 2024-08-31 | 51.79% | +0.68 pp |
| Q1 2024 | 2024-05-31 | 52.74% | +2.72 pp |
| Q4 2023 | 2024-02-29 | 48.58% | +0.47 pp |
| Q3 2023 | 2023-11-30 | 51.42% | +1.07 pp |
| Q2 2023 | 2023-08-31 | 51.11% | +1.17 pp |
| Q1 2023 | 2023-05-31 | 50.01% | −3.09 pp |
| Q4 2022 | 2023-02-28 | 48.11% | −5.76 pp |
| Q3 2022 | 2022-11-30 | 50.36% | −2.46 pp |
| Q2 2022 | 2022-08-31 | 49.94% | −1.92 pp |
| Q1 2022 | 2022-05-31 | 53.11% | −2.13 pp |
| Q4 2021 | 2022-02-28 | 53.87% | +2.99 pp |
| Q3 2021 | 2021-11-30 | 52.82% | +0.80 pp |
| Q2 2021 | 2021-08-31 | 51.86% | −1.92 pp |
| Q1 2021 | 2021-05-31 | 55.23% | +4.90 pp |
| Q4 2020 | 2021-02-28 | 50.88% | +0.97 pp |
| Q3 2020 | 2020-11-30 | 52.02% | +2.63 pp |
| Q2 2020 | 2020-08-31 | 53.79% | +3.19 pp |
| Q1 2020 | 2020-05-31 | 50.34% | +1.29 pp |
| Q4 2019 | 2020-02-29 | 49.91% | +0.20 pp |
| Q3 2019 | 2019-11-30 | 49.39% | +0.22 pp |
| Q2 2019 | 2019-08-31 | 50.59% | −0.22 pp |
| Q1 2019 | 2019-05-31 | 49.05% | −2.17 pp |
| Q4 2018 | 2019-02-28 | 49.72% | +1.75 pp |
| Q3 2018 | 2018-11-30 | 49.17% | −1.35 pp |
| Q2 2018 | 2018-08-31 | 50.81% | −0.37 pp |
| Q1 2018 | 2018-05-31 | 51.22% | −0.02 pp |
| Q4 2017 | 2018-02-28 | 47.97% | −26.87 pp |
| Q3 2017 | 2017-11-30 | 50.52% | +5.79 pp |
| Q2 2017 | 2017-08-31 | 51.19% | +7.59 pp |
| Q1 2017 | 2017-05-31 | 51.25% | +8.32 pp |
| Q4 2016 | 2017-02-28 | 74.83% | +33.90 pp |
| Q3 2016 | 2016-11-30 | 44.73% | +4.26 pp |
| Q2 2016 | 2016-08-31 | 43.59% | +3.05 pp |
| Q1 2016 | 2016-05-31 | 42.93% | +1.93 pp |
| Q4 2015 | 2016-02-29 | 40.94% | +1.26 pp |
| Q3 2015 | 2015-11-30 | 40.47% | +3.08 pp |
| Q2 2015 | 2015-08-31 | 40.55% | +2.58 pp |
| Q1 2015 | 2015-05-31 | 41.00% | +1.28 pp |
| Q4 2014 | 2015-02-28 | 39.67% | +1.50 pp |
| Q3 2014 | 2014-11-30 | 37.39% | −0.87 pp |
| Q2 2014 | 2014-08-31 | 37.97% | +2.20 pp |
| Q1 2014 | 2014-05-31 | 39.72% | +6.29 pp |
| Q4 2013 | 2014-02-28 | 38.17% | +4.95 pp |
| Q3 2013 | 2013-11-30 | 38.26% | +2.14 pp |
| Q2 2013 | 2013-08-31 | 35.77% | +0.02 pp |
| Q1 2013 | 2013-05-31 | 33.42% | −1.13 pp |
| Q4 2012 | 2013-02-28 | 33.22% | −1.36 pp |
| Q3 2012 | 2012-11-30 | 36.12% | +0.27 pp |
| Q2 2012 | 2012-08-31 | 35.74% | −0.99 pp |
| Q1 2012 | 2012-05-31 | 34.55% | −0.77 pp |
| Q4 2011 | 2012-02-29 | 34.58% | +5.46 pp |
| Q3 2011 | 2011-11-30 | 35.86% | +6.32 pp |
| Q2 2011 | 2011-08-31 | 36.73% | +7.01 pp |
| Q1 2011 | 2011-05-31 | 35.32% | +7.66 pp |
| Q4 2010 | 2011-02-28 | 29.12% | — |
| Q3 2010 | 2010-11-30 | 29.54% | +1.46 pp |
| Q2 2010 | 2010-08-31 | 29.73% | +1.34 pp |
| Q1 2010 | 2010-05-31 | 27.66% | — |
| Q3 2009 | 2009-11-30 | 28.08% | — |
| Q2 2009 | 2009-08-31 | 28.39% | — |
Constellation Brands gross margin trends
Over the last five fiscal years, Constellation Brands's gross margin decreased from 51.84% to 51.55%, a change of −0.29 percentage points. The latest reported quarter, Q1 2026, shows 54.29%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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