Constellation Brands Inc Class A (STZ)

Gross profit margin

		Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019	May 31, 2019
Gross profit (ttm)	US$ in thousands	5,017,500	4,939,500	4,895,800	4,771,800	4,769,000	4,940,400	4,939,200	4,843,000	4,707,300	4,568,400	4,610,900	4,597,000	4,466,000	4,422,100	4,141,400	4,111,500	4,151,900	4,095,600	4,078,100	4,060,400
Revenue (ttm)	US$ in thousands	18,355,600	18,214,200	18,152,200	17,720,700	17,472,300	17,577,000	17,349,600	16,786,900	16,080,300	15,930,800	16,205,800	16,024,100	15,822,800	15,772,700	14,758,900	14,798,600	15,004,300	14,898,600	14,862,300	14,784,200
Gross profit margin		27.33%	27.12%	26.97%	26.93%	27.29%	28.11%	28.47%	28.85%	29.27%	28.68%	28.45%	28.69%	28.23%	28.04%	28.06%	27.78%	27.67%	27.49%	27.44%	27.46%

February 29, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,017,500K ÷ $18,355,600K
= 27.33%

Constellation Brands Inc Class A has maintained a relatively stable gross profit margin over the past several quarters. The gross profit margin has ranged between 26.93% to 29.27% during the period analyzed. The highest gross profit margin was observed in May 31, 2022, at 29.27%, while the lowest was recorded on May 31, 2020, at 27.67%.

Overall, the trend in the gross profit margin appears to be relatively consistent, with minor fluctuations. This indicates that Constellation Brands Inc Class A has been effective in managing its production costs and pricing strategies to maintain a healthy level of gross profitability across the analyzed period.