Constellation Brands Inc Class A (STZ)

Operating profit margin

		Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Operating income	US$ in thousands	3,169,700	2,842,900	2,331,700	2,791,100	2,154,500
Revenue	US$ in thousands	20,641,100	19,569,700	18,413,100	17,933,500	17,359,400
Operating profit margin		15.36%	14.53%	12.66%	15.56%	12.41%

February 29, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $3,169,700K ÷ $20,641,100K
= 15.36%

Constellation Brands Inc Class A's operating profit margin has shown fluctuations over the past five years. The company's operating profit margin was 15.36% as of February 29, 2024, which represents an improvement compared to the prior year. In the previous fiscal year, the operating profit margin stood at 14.53%, indicating a positive trend in profitability.

Looking further back, the operating profit margin was lower at 12.66% as of February 28, 2022, but it then increased to 15.56% as of February 28, 2021. The lowest operating profit margin in the provided data was 12.41% as of February 29, 2020.

Overall, the trend in operating profit margin for Constellation Brands Inc Class A shows some fluctuations over the past five years. It is essential for investors and analysts to closely monitor this ratio to assess the company's operational efficiency and profitability over time.