Constellation Brands Inc Class A (STZ)

Gross profit margin

		Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Gross profit	US$ in thousands	5,017,500	4,769,000	4,707,300	4,466,000	4,151,900
Revenue	US$ in thousands	20,641,100	19,569,700	18,413,100	17,933,500	17,359,400
Gross profit margin		24.31%	24.37%	25.56%	24.90%	23.92%

February 29, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $5,017,500K ÷ $20,641,100K
= 24.31%

Constellation Brands Inc Class A has maintained relatively stable gross profit margins over the past five years, ranging from 23.92% to 25.56%. In particular, in the most recent fiscal year ending on February 29, 2024, the gross profit margin stood at 24.31%. This indicates that the company is effectively managing its production costs and pricing strategies to generate profits from its sales. While there has been some fluctuation in the margins over the years, the consistency in the range suggests that Constellation Brands Inc Class A has been able to sustain a healthy level of profitability in its operations.