Constellation Brands Quarterly 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 the quarter ended Aug 31, 2026, Constellation Brands generated $816.8 million of operating cash flow and spent $176.9 million on capital expenditures. That left free cash flow of $639.9 million, a free-cash-flow margin of 24.3% of revenue. Free cash flow was up 0.8% from the prior year's $634.8 million.
Constellation Brands returned $406.0 million to shareholders: $175.1 million in dividends and $230.9 million in share repurchases, equal to 63% of free cash flow. Free cash flow covered dividend payments 3.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Constellation Brands cash flow statement (quarterly)
| Quarter (USD) | Q2 20272026-08-31 | Q1 20272026-05-31 | Q4 20262026-02-28 | Q3 20262025-11-30 | Q2 20262025-08-31 | Q1 20262025-05-31 | Q4 20252025-02-28 | Q3 20252024-11-30 | Q2 20252024-08-31 | Q1 20252024-05-31 | Q4 20242024-02-29 | Q3 20242023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 565.80M | 653.80M | 201.80M | 502.80M | 466.00M | 516.10M | -375.30M | 615.90M | -1.20B | 877.00M | 392.40M | 509.10M |
| Net Income growth (YoY) | +21.42% | +26.68% | — | -18.36% | — | -41.15% | -195.64% | +20.98% | -273.77% | +545.33% | +75.96% | +8.85% |
| Depreciation & Amortization | 97.10M | 97.90M | 112.10M | 99.30M | 103.10M | 105.50M | 106.20M | 119.30M | 109.60M | 111.90M | 106.40M | 108.40M |
| Stock-Based Compensation | 19.90M | 15.00M | 19.70M | 15.90M | 21.70M | 10.40M | 11.50M | 19.70M | 23.70M | 17.30M | 14.10M | 17.00M |
| Change in Working Capital | 40.60M | -10.20M | -34.60M | 21.90M | -98.90M | -3.60M | -156.10M | -77.00M | 111.60M | -93.80M | -52.80M | -55.10M |
| Operating Cash Flow | 816.80M | 661.80M | 562.80M | 616.90M | 852.10M | 637.20M | 594.70M | 685.20M | 1.18B | 690.50M | 433.20M | 724.80M |
| Capital Expenditures | -176.90M | -177.20M | -218.90M | -246.00M | -217.30M | -192.80M | -282.60M | -228.40M | -327.80M | -375.30M | -357.20M | -329.90M |
| Investing Cash Flow | -157.20M | -193.20M | -213.60M | -234.70M | 660.90M | -196.10M | 123.40M | -240.60M | -480.20M | -377.40M | -356.00M | -329.00M |
| Dividends Paid | -175.10M | -178.70M | -176.90M | -177.70M | -178.90M | -182.20M | -180.50M | -182.70M | -183.30M | -185.30M | -162.70M | -163.50M |
| Share Repurchases | -230.90M | -223.80M | -100.00M | -220.10M | -297.90M | -306.10M | -455.70M | -218.90M | -249.20M | -200.00M | 0 | -214.70M |
| Debt Issued | 0 | 499.70M | 0 | 498.60M | 0 | 499.10M | 0 | 0 | 0 | 0 | 399.60M | 0 |
| Debt Repaid | -1.00M | -601.10M | -1.10M | -501.20M | -901.10M | -1.00M | -1.00M | -401.70M | -2.10M | -552.20M | -2.20M | -2.40M |
| Financing Cash Flow | -657.50M | -474.00M | -401.30M | -301.60M | -1.52B | -437.60M | -723.00M | -434.80M | -711.00M | -393.00M | -2.20M | -400.00M |
| Net Change in Cash | 1.90M | -5.80M | -50.00M | 80.40M | -1.90M | 5.80M | -5.60M | 9.10M | -9.20M | -78.60M | 73.70M | -4.60M |
| Free Cash Flow | 639.90M | 484.60M | 343.90M | 370.90M | 634.80M | 444.40M | 312.10M | 456.80M | 854.00M | 315.20M | 76.00M | 394.90M |
This table shows 12 quarterly periods of Constellation Brands's cash flow statement, from Q2 2027 back to Q3 2024, 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?