Constellation Brands Inc Class A (STZ)
Pretax margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -82,800 | 752,400 | 729,700 | 2,912,200 | 2,221,800 | 1,985,600 | 1,945,500 | 89,300 | 383,600 | 625,100 | 594,400 | 1,745,900 | 310,400 | 297,800 | 1,186,300 | 1,700,300 | 2,542,900 | 2,546,500 | 785,500 | -590,900 |
| Revenue (ttm) | US$ in thousands | 10,208,600 | 10,183,500 | 10,190,600 | 10,108,500 | 9,961,700 | 9,820,400 | 9,786,000 | 9,604,300 | 9,452,600 | 9,557,300 | 9,441,400 | 9,157,400 | 8,820,700 | 8,671,200 | 8,788,700 | 8,678,000 | 8,614,900 | 8,564,800 | 8,126,100 | 8,209,700 |
| Pretax margin | -0.81% | 7.39% | 7.16% | 28.81% | 22.30% | 20.22% | 19.88% | 0.93% | 4.06% | 6.54% | 6.30% | 19.07% | 3.52% | 3.43% | 13.50% | 19.59% | 29.52% | 29.73% | 9.67% | -7.20% |
February 28, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-82,800K ÷ $10,208,600K
= -0.81%
Constellation Brands Inc Class A has displayed fluctuating pretax margin figures over the past few years, as evidenced by the data provided. The pretax margin, a key profitability metric that indicates how efficiently the company generates profits before taxes, exhibited a sharp decline from -7.20% on May 31, 2020, to a positive 9.67% on August 31, 2020. Subsequently, the company saw a notable improvement in profitability with pretax margins of 29.73% on November 30, 2020, and 29.52% on February 28, 2021.
However, there was a slight decline in the pretax margin to 19.59% by May 31, 2021, and a further decrease to 13.50% on August 31, 2021. The trend continued with pretax margins dropping to 3.43% on November 30, 2021, and 3.52% on February 28, 2022. Notably, the company saw an increase in profitability to 19.07% by May 31, 2022, only to dip to 6.30% by August 31, 2022.
The pretax margin experienced fluctuations over the subsequent periods, reaching a low of 0.93% on May 31, 2023, followed by a substantial rise to 22.30% by February 29, 2024. By the end of the specified period, on February 28, 2025, the pretax margin declined to -0.81%.
This analysis indicates that Constellation Brands Inc Class A's pretax margin has been subject to fluctuations, with periods of both growth and decline. It is crucial for stakeholders to monitor these trends closely to assess the company's financial performance and make informed decisions.
Peer comparison
Feb 28, 2025