Stock Analysis on Net

Constellation Brands Inc. (NYSE:STZ)

This company has been moved to the archive! The financial data has not been updated since January 5, 2023.

Common-Size Income Statement 

Constellation Brands Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Feb 28, 2022 Feb 28, 2021 Feb 29, 2020 Feb 28, 2019 Feb 28, 2018 Feb 28, 2017
Sales 108.03 108.60 109.22 109.47 109.78 109.96
Excise taxes -8.03 -8.60 -9.22 -9.47 -9.78 -9.96
Net sales 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of product sold -46.63 -48.16 -50.24 -49.73 -49.67 -51.86
Gross profit 53.37% 51.84% 49.76% 50.27% 50.33% 48.14%
Selling, general, and administrative expenses -19.40 -19.33 -19.44 -20.55 -20.21 -18.99
Impairment of brewery construction in progress -7.55 0.00 0.00 0.00 0.00 0.00
Impairment of assets held for sale 0.00 -0.28 -5.39 0.00 0.00 0.00
Gain on sale of business 0.02 0.16 0.89 0.00 0.00 3.58
Operating income 26.43% 32.40% 25.82% 29.72% 30.12% 32.73%
Income (loss) from unconsolidated investments -18.54 1.74 -31.98 25.89 6.42 0.37
Interest expense -4.04 -4.48 -5.14 -4.52 -4.38 -4.55
Loss on extinguishment of debt -0.33 -0.15 -0.03 -0.02 -1.28 0.00
Income (loss) before income taxes 3.52% 29.52% -11.33% 51.07% 30.89% 28.55%
(Provision for) benefit from income taxes -3.51 -5.93 11.59 -8.45 -0.16 -7.56
Net income 0.01% 23.58% 0.26% 42.62% 30.73% 20.99%
Net income attributable to noncontrolling interests -0.47 -0.39 -0.40 -0.29 -0.16 -0.06
Net income (loss) attributable to CBI -0.46% 23.19% -0.14% 42.33% 30.57% 20.94%

Based on: 10-K (reporting date: 2022-02-28), 10-K (reporting date: 2021-02-28), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-02-28), 10-K (reporting date: 2018-02-28), 10-K (reporting date: 2017-02-28).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Constellation Brands Inc. operating income as a percentage of net sales increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Constellation Brands Inc. income (loss) before income taxes as a percentage of net sales increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Net income (loss) attributable to CBI The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Constellation Brands Inc. net income (loss) attributable to CBI as a percentage of net sales increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.