Constellation Brands Inc

STZ Consumer Defensive Beverages Brewers

Constellation Brands Inc’s revenue for fiscal 2026 (year ended February 2026) was $9.1 billion, down 10.5% from fiscal 2025.

Revenue
+6.13%
EPS
+28.9%
Free cash flow
−3.25%
Total debt
−2.17%

Quarter to August 2026, against a year earlier

135.33 4.98 +3.82%
Market cap
$22.1B
P/E
11.9×
Fwd P/E
11.3×
Dividend yield
3.06%
F-score
6/9
Altman Z
2.94
Beneish M
−2.12
Dividend safety
67/100

Constellation Brands Inc (STZ) Piotroski F-score

Alert me on Piotroski F-score

Constellation Brands Inc's Piotroski F-score for fiscal 2026 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 6 0.00
FY2025 6 (2.00)
FY2024 8 5.00
FY2023 3 (3.00)
FY2022 6 (2.00)
FY2021 8 4.00
FY2020 4 (1.00)
FY2019 5 (1.00)
FY2018 6 0.00
FY2017 6 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 7.75% (0.34%) Pass 1
Positive operating cash flow 2.67b 3.15b Pass 1
Rising return on assets 7.75% (0.34%) Pass 1
Cash flow above net income 982.30m 3.23b Pass 1
Falling long-term leverage 0.45 0.39 Fail 0
Rising current ratio 1.08 0.92 Pass 1
No new shares issued 175,414,000 181,476,000 Pass 1
Rising gross margin 51.55% 52.06% Fail 0
Rising asset turnover 0.42 0.43 Fail 0
Piotroski F-score Mixed 6

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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