STZ Q2 2024 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q2 2024 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.8B+6.8% YoY

Gross Profit

$1.4B50.2% margin

Operating Income

$973M34.3% margin

Net Income

$690M24.3% margin

EPS (Diluted)

$3.74

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

$957M

Free Cash Flow

$652M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$24.9B

Total Liabilities

$15.2B

Stockholders' Equity

$9.4B

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.7B	+6.8%
Gross Profit	$1.4B	$1.4B	+4.6%
Operating Income	$973M	$860M	+13.1%
Net Income	$690M	-$1.2B	+159.9%

Revenue Segments

Beer

$2.4B84%

ConstellationWinesAndSpirits

$444M16%