Constellation Brands, Inc.

STZNYSEConsumer Defensive● Active

$141.06

+$0.15(+0.11%)

Market Cap$24.3B

P/E Ratio—

52W High$178.14

52W Low$126.45

Avg Volume2.0M

Open$140.20

Beta0.38

Free Cash Flow Financials Revenue

Constellation Brands, Inc. (STZ) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

STZ · free cash flow · updated Jun 8, 2026

Core FCF metrics

STZ · FCF · TTM · margin & CAGR

Free cash flow was $1.79B for FY2026 (fiscal year ending 2026-02-28), down 7.4% year-over-year The FCF margin was 19.6%. Five-year CAGR stands at -1.6%.

FY2026 Free Cash Flow$1.79B▼ -7.4% YoY

Trailing 12M (TTM)$1.79Btrailing 4 quarters sum

FCF Margin19.6%$1.79B ÷ revenue

3-Year CAGR+1.4%FY2023 → FY2026

5-Year CAGR-1.6%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

STZ · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$2.67B(875M)$1.79B▼ 7.4%19.6%

FY2025$3.15B(1.21B)$1.94B▲ +28.3%19.0%

FY2024$2.78B(1.27B)$1.51B▼ 12.2%15.2%

FY2023$2.76B(1.04B)$1.72B▲ +2.6%18.2%

FY2022$2.71B(1.03B)$1.68B▼ 13.6%19.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

STZ · P/FCF · FCF yield · FCF per share

Constellation Brands, Inc. (STZ) trades at a FCF yield of 7.38% and a price-to-free-cash-flow ratio of 13.8x. FCF per share stands at $10.23, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.38%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$10.23

TTM FCF ÷ Shares Outstanding

Price / FCF

x13.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x19.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-02-28

Cash flow statement summary

STZ · cash flow statement · operating / investing / financing

For FY2026, Constellation Brands, Inc. generated $2.67B in operating cash flow and spent 875M in capital expenditures, yielding $1.79B in free cash flow.

Operating Activities

+$2.67B

Cash from core business operations

2026-02-28

Investing Activities

+$16.5M

CapEx, acquisitions & investments

2026-02-28

Financing Activities

−$2.66B

Buybacks, dividends & debt

2026-02-28

FCF FormulaOperating CF ($2.67B) − |CapEx| (875M) = FCF ($1.79B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

STZ vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Constellation Brands, Inc.YOU

STZ

$1.79B-7.4%19.6%

12%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Constellation Brands, Inc. (STZ) reported free cash flow of $1.79B for FY2026 (fiscal year ending 2026-02-28), down 7.4% year-over-year. The FCF margin was 19.6%.

Based on available data, Constellation Brands, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.94B in FY2021. The 5-year CAGR stands at -1.6%.

Constellation Brands, Inc.'s FCF yield is 7.38% and price-to-FCF ratio is 13.8x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

STZ free cash flow · 8 questions

Constellation Brands, Inc. free cash flow was $1.79B for FY2026, down 7.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.79B.

STZ free cash flowSTZ FCFSTZ FCF 2026STZ free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Constellation Brands, Inc. · Constellation Brands, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026