STZ Constellation Brands margins

Relative Growth: Rel. Growth: 37

Relative Strength: Rel. Strength: 41

Relative Valuation: Rel. Valuation: 88

Relative Profitability: Rel. Profitability: 90

Gross margin

52.7%

Operating margin

30.6%

EBITDA margin

35.5%

Net margin

20.9%

Currently, Constellation Brands has a gross margin of 52.7%, an operating margin of 30.6%, an EBITDA margin of 35.5%, and a net margin of 20.9%. The company's available margins all improved, with operating margin showing the strongest expansion of 10.2 percentage points.

STZ margin history

Gross, operating, EBITDA and net margin trends

Constellation Brands's margins averaged 51.56% gross, 20.9% operating, 25.54% EBITDA, and 12.4% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

STZ margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 1 percentage point, operating margin by 10.2 percentage points, EBITDA margin by 8.3 percentage points, and net margin by 8.2 percentage points, led by operating margin with an increase of 10.2 percentage points.

Gross margin expansion

1pp

Operating margin expansion

10.2pp

EBITDA margin expansion

8.3pp

Net margin expansion

8.2pp

STZ Gross margin

Over the last 3 years, the average gross margin for Constellation Brands was 51.56%. Against its three-year average, Constellation Brands's gross margin is currently 52.7%, 1.1 percentage points above its three-year average. Constellation Brands's gross margin ranged from a low of 50.3% in Nov 2023 to a high of 52.7% in Aug 2026.

STZ Operating margin

Constellation Brands's operating margin averaged 20.9% over the last 3 years. Compared with its three-year average, Constellation Brands's current operating margin is 30.6% and is 9.7 percentage points above its three-year average. Over the last 3 years, Constellation Brands's operating margin peaked at 33.3% in May 2024 and reached a low of -1.4% in May 2025.

STZ EBITDA margin

Reviewing the last 3 years, Constellation Brands recorded an average EBITDA margin of 25.54%. Constellation Brands's current EBITDA margin is 35.5% and is 10 percentage points above its three-year average. The highest EBITDA margin for Constellation Brands was 37.7% in May 2024, while the lowest was 5.2% in May 2025.

STZ Net margin

Over the last 3 years, the average net margin for Constellation Brands was 12.4%. The latest net margin for Constellation Brands is 20.9%, 8.5 percentage points above its three-year average. Constellation Brands's net margin ranged from a low of -4.4% in May 2025 to a high of 24.4% in May 2024.

STZ margin group comparison

Margins compared with peer-group, industry and sector averages

Constellation Brands's gross margin of 52.7% is higher than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 36.6%, Constellation Brands's gross margin is 44% higher.

STZ margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Constellation Brands's gross margin?

As of Aug 31, 2026, STZ has a gross margin of 52.7%.

What is Constellation Brands's operating margin?

For the period ending Aug 31, 2026, STZ recorded an operating margin of 30.6%.

What is Constellation Brands's EBITDA margin?

The current EBITDA margin for STZ is 35.5% as of Aug 31, 2026.

What is Constellation Brands's net margin?

The current net margin for STZ is 20.9% as of Aug 31, 2026.

What are the average margins of STZ?

Constellation Brands's average margins over the last 3 years were 51.6% gross, 20.9% operating, 25.5% EBITDA, and 12.4% net.

What are the highest historical margins of STZ?

Over this 5-year history, STZ peaked at 53.4% gross in Feb 2022, 33.6% operating in May 2022, 37.7% EBITDA in May 2024, and 24.4% net in May 2024.

What are the lowest historical margins of STZ?

In the last 5 years, the lowest margins reported by STZ were 49.7% gross in May 2023, -1.4% operating in May 2025, 5.2% EBITDA in May 2025, and -4.4% net in May 2025.