Constellation Brands Inc Class A (STZ)

Fixed asset turnover

		Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	US$ in thousands	10,208,700	9,961,800	9,452,600	8,820,700	8,614,900
Property, plant and equipment	US$ in thousands	—	—	6,865,200	6,059,600	5,821,600
Fixed asset turnover		—	—	1.38	1.46	1.48

February 28, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,208,700K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investment in fixed assets. For Constellation Brands Inc Class A, the trend in fixed asset turnover over the past few years has been as follows:

- As of February 28, 2021, the fixed asset turnover was 1.48, indicating that the company generated $1.48 in sales for every dollar invested in fixed assets.
- By February 28, 2022, the fixed asset turnover slightly decreased to 1.46, suggesting a slight decrease in the company's efficiency in utilizing its fixed assets to generate revenue.
- The trend continued, and by February 28, 2023, the fixed asset turnover decreased further to 1.38. This indicates that the company may be facing challenges in increasing sales relative to its fixed asset base.
- Unfortunately, data for February 29, 2024, and February 28, 2025, is not available (denoted by "—"), making it difficult to assess the recent trends in fixed asset turnover for Constellation Brands Inc Class A.

In general, the decreasing trend in fixed asset turnover from 2021 to 2023 may indicate a decline in operational efficiency or a slowdown in revenue growth compared to the investment in fixed assets. Further analysis and comparison with industry benchmarks would be beneficial to evaluate the company's performance in utilizing its fixed assets effectively.