STZ Q1 2023 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q1 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.4B+16.6% YoY

Gross Profit

$1.3B54.7% margin

Operating Income

$850M36.0% margin

Net Income

$390M16.5% margin

EPS (Diluted)

$2.06

QoQ Revenue Growth

+12.4%

Cash Flow

Operating Cash Flow

$758M

Free Cash Flow

$562M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$25.8B

Total Liabilities

$14.3B

Stockholders' Equity

$11.2B

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.0B	+16.6%
Gross Profit	$1.3B	$1.1B	+19.9%
Operating Income	$850M	$678M	+25.3%
Net Income	$390M	-$908M	+142.9%

Revenue Segments

Beer

$1.9B80%

ConstellationWinesAndSpirits

$465M20%