Constellation Brands Cash Flow Statement
NYSE: STZConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Constellation Brands free cash flow
In fiscal 2026, Constellation Brands generated $2.67 billion of operating cash flow and spent $875.0 million on capital expenditures. That left free cash flow of $1.79 billion, a free-cash-flow margin of 19.6% of revenue. Free cash flow was down 7.4% from the prior year's $1.94 billion.
Constellation Brands returned $1.64 billion to shareholders: $715.7 million in dividends and $924.1 million in share repurchases, equal to 91% of free cash flow. Free cash flow covered dividend payments 2.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Constellation Brands cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-02-28 | FY 20252025-02-28 | FY 20242024-02-29 | FY 20232023-02-28 | FY 20222022-02-28 | FY 20212021-02-28 | FY 20202020-02-29 | FY 20182019-02-28 | FY 20182018-02-28 | FY 20162017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.69B | -81.40M | 1.73B | -71.00M | -40.40M | 2.00B | -11.80M | 3.44B | 2.30B | 1.53B |
| Net Income growth (YoY) | — | -104.71% | — | — | -102.02% | — | -100.34% | +49.17% | +50.69% | +44.90% |
| Depreciation & Amortization | 420.00M | 447.00M | 429.20M | 387.00M | 342.40M | 299.10M | 332.20M | 339.10M | 299.70M | 247.90M |
| Stock-Based Compensation | 67.70M | 72.20M | 63.60M | 68.50M | 44.90M | 63.00M | 60.40M | 64.10M | 60.90M | 56.10M |
| Change in Working Capital | -120.10M | -175.60M | -171.90M | -34.70M | -156.80M | 223.30M | -25.20M | -215.40M | -256.60M | -156.10M |
| Operating Cash Flow | 2.67B | 3.15B | 2.78B | 2.76B | 2.71B | 2.81B | 2.55B | 2.25B | 1.93B | 1.70B |
| Capital Expenditures | -875.00M | -1.21B | -1.27B | -1.04B | -1.03B | -864.60M | -726.50M | -886.30M | -1.06B | -907.40M |
| Investing Cash Flow | 16.50M | -974.80M | -1.29B | -999.40M | -1.04B | -87.90M | -531.00M | -4.83B | -1.42B | -1.46B |
| Dividends Paid | -715.70M | -731.80M | -653.80M | -587.70M | -573.00M | -575.00M | -569.20M | -557.70M | -400.10M | -315.10M |
| Share Repurchases | -924.10M | -1.12B | -249.70M | -1.70B | -1.39B | 0 | -50.00M | -504.30M | -1.04B | -1.12B |
| Debt Issued | 997.70M | 0 | 1.14B | 3.34B | 995.60M | 1.19B | 1.29B | 3.66B | 7.93B | 1.97B |
| Debt Repaid | -1.40B | -957.00M | -809.70M | -2.16B | -1.37B | -2.72B | -2.20B | -62.80M | -7.13B | -971.80M |
| Financing Cash Flow | -2.66B | -2.26B | -1.47B | -1.82B | -1.93B | -2.35B | -2.03B | 2.59B | -601.20M | -134.80M |
| Net Change in Cash | 34.30M | -84.30M | 18.90M | -65.90M | -261.20M | 379.20M | -12.20M | 3.30M | -87.10M | 94.30M |
| Free Cash Flow | 1.79B | 1.94B | 1.51B | 1.72B | 1.68B | 1.94B | 1.82B | 1.36B | 873.80M | 788.60M |
This table shows 10 annual periods of Constellation Brands's cash flow statement, from FY 2026 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow STZ's reporting calendar. What is a cash flow statement?