Constellation Brands Inc Class A (STZ)

Operating 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
Operating income (ttm)	US$ in thousands	3,169,700	3,007,000	2,956,800	2,791,200	2,842,900	3,053,700	3,146,900	3,073,000	2,331,700	2,213,500	2,156,700	2,256,200	2,791,100	2,776,900	2,261,000	2,141,800	2,154,500	2,074,700	2,364,000	2,409,500
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
Operating profit margin		17.27%	16.51%	16.29%	15.75%	16.27%	17.37%	18.14%	18.31%	14.50%	13.89%	13.31%	14.08%	17.64%	17.61%	15.32%	14.47%	14.36%	13.93%	15.91%	16.30%

February 29, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,169,700K ÷ $18,355,600K
= 17.27%

Constellation Brands Inc Class A has shown a relatively stable trend in its operating profit margin over the past several quarters. The operating profit margin ranged from 13.31% to 18.31% during the period covered. The highest operating profit margin was recorded in Aug 31, 2022 at 18.31%, while the lowest was in Nov 30, 2021 at 13.31%. Overall, the operating profit margin has generally stayed above 15% indicating the company's ability to generate profits from its core operations. This consistency in operating profit margin reflects a degree of efficiency in managing costs and generating revenues. Further analysis and comparison with industry peers can provide more insights into the company's operational performance.