STZ Q3 2023 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q3 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.4B+5.0% YoY

Gross Profit

$1.2B50.8% margin

Operating Income

$771M31.7% margin

Net Income

$468M19.2% margin

EPS (Diluted)

$2.48

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$626M

Free Cash Flow

$378M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$24.5B

Total Liabilities

$15.7B

Stockholders' Equity

$8.4B

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.3B	+5.0%
Gross Profit	$1.2B	$1.2B	+0.7%
Operating Income	$771M	$847M	-9.0%
Net Income	$468M	$471M	-0.7%

Revenue Segments

Beer

$1.9B78%

ConstellationWinesAndSpirits

$545M22%