Constellation Brands Inc Class A (STZ)

Pretax margin

Feb 29, 2024 Feb 28, 2023 Feb 28, 2022 Feb 28, 2021 Feb 29, 2020
Earnings before tax but after interest (EBT) US$ in thousands 2,184,000 351,100 269,000 2,509,100 -978,400
Revenue US$ in thousands 20,641,100 19,569,700 18,413,100 17,933,500 17,359,400
Pretax margin 10.58% 1.79% 1.46% 13.99% -5.64%

February 29, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $2,184,000K ÷ $20,641,100K
= 10.58%

The pretax margin of Constellation Brands Inc Class A demonstrates fluctuations over the past five years. In the latest fiscal year ending February 29, 2024, the company reported a pretax margin of 10.58%, showing a significant improvement compared to the previous year's 1.79%. In the fiscal year ending February 28, 2022, the pretax margin was 1.46%, indicating a slight increase from the prior fiscal year but still lower than the industry average. Notably, in the fiscal year ending February 28, 2021, the pretax margin was 13.99%, representing a substantial increase from the preceding years. However, in the fiscal year ending February 29, 2020, the company reported a negative pretax margin of -5.64%, suggesting financial challenges during that period. Overall, Constellation Brands Inc Class A's pretax margin has shown volatility, with improvements in recent years offsetting periods of weaker performance.


Peer comparison

Feb 29, 2024

Company name
Symbol
Pretax margin
Constellation Brands Inc Class A
STZ
10.58%
Keurig Dr Pepper Inc
KDP
19.32%
PepsiCo Inc
PEP
12.39%
The Coca-Cola Company
KO
28.33%