STZ Q4 2023 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q4 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.0B-5.0% YoY

Gross Profit

$993M49.7% margin

Operating Income

$588M29.4% margin

Net Income

$223M11.2% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

-18.0%

Cash Flow

Operating Cash Flow

$476M

Free Cash Flow

$125M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$24.7B

Total Liabilities

$15.9B

Stockholders' Equity

$8.4B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.1B	-5.0%
Gross Profit	$993M	$1.1B	-7.7%
Operating Income	$588M	$628M	-6.4%
Net Income	$223M	$395M	-43.6%

Revenue Segments

Beer

$1.5B77%

ConstellationWinesAndSpirits

$462M23%