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.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Constellation Brands Inc., profitability ratios (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Return on Sales
Gross profit margin 51.69% 52.31% 52.89% 53.37% 52.68% 52.46% 52.97% 51.84% 51.63% 50.96% 50.08% 49.76% 49.72% 49.67% 49.72% 50.27% 49.92% 50.22% 50.29% 50.33% 50.43% 50.14% 49.27% 48.14%
Operating profit margin 31.95% 33.33% 33.56% 26.43% 25.53% 24.54% 26.00% 32.40% 32.42% 27.82% 26.09% 25.82% 25.19% 28.79% 29.51% 29.72% 30.46% 30.25% 30.43% 30.12% 33.18% 33.76% 32.65% 32.73%
Net profit margin 1.06% 1.11% 13.73% -0.46% -0.61% 8.62% 14.61% 23.19% 23.51% 13.45% 0.68% -0.14% 10.07% 9.40% 29.96% 42.33% 38.61% 41.84% 34.56% 30.57% 24.78% 23.60% 21.90% 20.94%
Return on Investment
Return on equity (ROE) 1.21% 1.11% 11.19% -0.34% -0.47% 6.77% 10.34% 14.69% 15.13% 9.35% 0.50% -0.10% 7.08% 6.79% 20.10% 27.38% 27.73% 29.37% 25.20% 28.82% 23.09% 22.20% 21.92% 22.28%
Return on assets (ROA) 0.41% 0.43% 4.87% -0.16% -0.21% 2.99% 4.84% 7.37% 7.29% 4.13% 0.21% -0.04% 3.06% 2.80% 8.45% 11.75% 11.19% 13.74% 11.52% 11.29% 9.18% 9.06% 8.54% 8.25%

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Constellation Brands Inc. gross profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Constellation Brands Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Constellation Brands Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Constellation Brands Inc. ROE deteriorated from Q1 2023 to Q2 2023 but then slightly improved from Q2 2023 to Q3 2023.
ROA A profitability ratio calculated as net income divided by total assets. Constellation Brands Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Gross Profit Margin

Constellation Brands Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Selected Financial Data (US$ in thousands)
Gross profit 1,226,900 1,325,900 1,255,000 1,132,600 1,225,700 1,229,700 1,119,300 993,700 1,268,200 1,215,800 988,300 949,800 987,500 1,185,900 1,028,700 893,500 970,000 1,168,200 1,048,600 849,100 907,500 1,065,300 995,300 787,700 891,400 969,000 881,300
Net sales 2,436,500 2,655,100 2,363,200 2,102,500 2,320,600 2,371,100 2,026,500 1,953,000 2,438,100 2,260,400 1,963,400 1,902,900 1,999,400 2,344,000 2,097,200 1,797,200 1,972,600 2,299,100 2,047,100 1,765,900 1,799,100 2,084,500 1,935,500 1,628,000 1,810,500 2,021,200 1,871,800
Profitability Ratio
Gross profit margin1 51.69% 52.31% 52.89% 53.37% 52.68% 52.46% 52.97% 51.84% 51.63% 50.96% 50.08% 49.76% 49.72% 49.67% 49.72% 50.27% 49.92% 50.22% 50.29% 50.33% 50.43% 50.14% 49.27% 48.14%
Benchmarks
Gross Profit Margin, Competitors2
Altria Group Inc. 58.06% 57.43% 56.98% 56.77% 55.67% 55.06% 54.48% 53.79% 53.04% 52.53% 51.96% 49.80% 50.13% 49.79% 49.43% 50.62%
Coca-Cola Co. 59.14% 58.52% 58.09% 58.14% 58.49% 58.89% 60.27% 60.27% 60.72% 60.61% 59.42% 59.31% 59.90% 60.04% 60.66% 60.77%
PepsiCo Inc. 53.93% 53.58% 53.28% 53.03% 53.03% 53.13% 53.20% 53.35% 53.87% 54.23% 54.65% 54.82% 55.19% 55.28% 55.15% 55.13%
Philip Morris International Inc. 63.12% 62.58% 63.07% 64.10% 65.32% 66.49% 67.17% 68.06% 68.14% 68.02% 67.59% 66.65% 66.25% 65.83% 65.41% 64.73%

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

1 Q3 2023 Calculation
Gross profit margin = 100 × (Gross profitQ3 2023 + Gross profitQ2 2023 + Gross profitQ1 2023 + Gross profitQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (1,226,900 + 1,325,900 + 1,255,000 + 1,132,600) ÷ (2,436,500 + 2,655,100 + 2,363,200 + 2,102,500) = 51.69%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Constellation Brands Inc. gross profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Operating Profit Margin

Constellation Brands Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Selected Financial Data (US$ in thousands)
Operating income 746,700 813,100 816,400 677,500 839,900 739,200 75,100 559,300 783,100 838,700 610,000 545,100 267,200 719,500 622,700 465,300 556,500 765,000 625,400 515,700 486,800 713,900 568,100 701,800 534,000 610,900 552,700
Net sales 2,436,500 2,655,100 2,363,200 2,102,500 2,320,600 2,371,100 2,026,500 1,953,000 2,438,100 2,260,400 1,963,400 1,902,900 1,999,400 2,344,000 2,097,200 1,797,200 1,972,600 2,299,100 2,047,100 1,765,900 1,799,100 2,084,500 1,935,500 1,628,000 1,810,500 2,021,200 1,871,800
Profitability Ratio
Operating profit margin1 31.95% 33.33% 33.56% 26.43% 25.53% 24.54% 26.00% 32.40% 32.42% 27.82% 26.09% 25.82% 25.19% 28.79% 29.51% 29.72% 30.46% 30.25% 30.43% 30.12% 33.18% 33.76% 32.65% 32.73%
Benchmarks
Operating Profit Margin, Competitors2
Altria Group Inc. 46.99% 46.58% 47.31% 47.49% 46.89% 45.82% 45.44% 44.44% 43.77% 44.01% 43.46% 41.57% 41.46% 41.04% 40.34% 41.12%
Coca-Cola Co. 24.68% 24.76% 24.99% 25.37% 24.81% 24.96% 27.39% 26.67% 29.03% 28.49% 27.93% 27.25% 26.36% 26.29% 26.98% 27.06%
PepsiCo Inc. 12.14% 11.60% 10.08% 13.33% 15.85% 15.96% 17.46% 14.04% 14.90% 15.12% 14.68% 14.32% 14.52% 14.48% 14.98% 15.32%
Philip Morris International Inc. 33.81% 33.73% 36.46% 38.56% 38.69% 40.11% 40.64% 41.32% 42.07% 42.31% 42.31% 40.66% 38.91% 37.09% 37.31% 35.33%

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

1 Q3 2023 Calculation
Operating profit margin = 100 × (Operating incomeQ3 2023 + Operating incomeQ2 2023 + Operating incomeQ1 2023 + Operating incomeQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (746,700 + 813,100 + 816,400 + 677,500) ÷ (2,436,500 + 2,655,100 + 2,363,200 + 2,102,500) = 31.95%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Constellation Brands Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Net Profit Margin

Constellation Brands Inc., net profit margin calculation (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to CBI 467,700 (1,151,200) 389,500 395,400 470,800 1,500 (908,100) 382,900 1,280,900 512,100 (177,900) 398,400 360,400 (525,200) (245,400) 1,239,500 303,100 1,149,500 743,800 925,500 491,100 499,500 402,800 452,000 405,900 358,900 318,300
Net sales 2,436,500 2,655,100 2,363,200 2,102,500 2,320,600 2,371,100 2,026,500 1,953,000 2,438,100 2,260,400 1,963,400 1,902,900 1,999,400 2,344,000 2,097,200 1,797,200 1,972,600 2,299,100 2,047,100 1,765,900 1,799,100 2,084,500 1,935,500 1,628,000 1,810,500 2,021,200 1,871,800
Profitability Ratio
Net profit margin1 1.06% 1.11% 13.73% -0.46% -0.61% 8.62% 14.61% 23.19% 23.51% 13.45% 0.68% -0.14% 10.07% 9.40% 29.96% 42.33% 38.61% 41.84% 34.56% 30.57% 24.78% 23.60% 21.90% 20.94%
Benchmarks
Net Profit Margin, Competitors2
Altria Group Inc. 35.58% 27.39% 22.44% 22.97% 18.61% 6.88% 11.64% 9.51% 10.65% 17.22% 16.80% 17.08% 2.84% -3.57% -3.33% -5.15%
Coca-Cola Co. 23.92% 23.81% 22.69% 22.19% 23.44% 23.16% 25.69% 25.28% 23.31% 22.19% 21.59% 23.47% 24.90% 26.77% 26.95% 23.94%
PepsiCo Inc. 9.05% 8.76% 7.48% 10.31% 11.61% 11.28% 12.57% 9.59% 10.62% 11.01% 10.51% 10.12% 10.27% 10.13% 10.62% 10.89%
Philip Morris International Inc. 23.38% 24.26% 27.20% 28.49% 27.57% 28.56% 28.58% 29.00% 29.25% 29.51% 29.69% 28.08% 26.57% 24.98% 25.35% 24.11%

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

1 Q3 2023 Calculation
Net profit margin = 100 × (Net income (loss) attributable to CBIQ3 2023 + Net income (loss) attributable to CBIQ2 2023 + Net income (loss) attributable to CBIQ1 2023 + Net income (loss) attributable to CBIQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (467,700 + -1,151,200 + 389,500 + 395,400) ÷ (2,436,500 + 2,655,100 + 2,363,200 + 2,102,500) = 1.06%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Constellation Brands Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Equity (ROE)

Constellation Brands Inc., ROE calculation (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to CBI 467,700 (1,151,200) 389,500 395,400 470,800 1,500 (908,100) 382,900 1,280,900 512,100 (177,900) 398,400 360,400 (525,200) (245,400) 1,239,500 303,100 1,149,500 743,800 925,500 491,100 499,500 402,800 452,000 405,900 358,900 318,300
Total CBI stockholders’ equity 8,389,500 9,389,000 11,231,400 11,731,900 11,238,300 11,192,700 12,261,600 13,598,900 13,312,100 11,688,000 11,066,000 12,131,800 11,709,400 11,377,500 12,174,600 12,551,000 11,256,700 11,268,300 10,556,400 8,046,100 7,993,900 7,928,100 7,389,700 6,891,200 7,018,000 7,182,400 6,848,000
Profitability Ratio
ROE1 1.21% 1.11% 11.19% -0.34% -0.47% 6.77% 10.34% 14.69% 15.13% 9.35% 0.50% -0.10% 7.08% 6.79% 20.10% 27.38% 27.73% 29.37% 25.20% 28.82% 23.09% 22.20% 21.92% 22.28%
Benchmarks
ROE, Competitors2
Altria Group Inc. 139.55% 148.95% 157.34% 23.38% -16.07% -13.16% -20.78%
Coca-Cola Co. 40.92% 40.40% 39.13% 39.59% 43.52% 41.60% 41.49% 42.48% 39.74% 36.31% 35.46% 40.14% 44.78% 52.56% 55.17% 46.99%
PepsiCo Inc. 44.08% 44.67% 38.62% 51.96% 51.19% 49.78% 55.85% 47.48% 51.29% 53.65% 53.75% 52.92% 52.22% 54.84% 53.76% 49.47%
Philip Morris International Inc.

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

1 Q3 2023 Calculation
ROE = 100 × (Net income (loss) attributable to CBIQ3 2023 + Net income (loss) attributable to CBIQ2 2023 + Net income (loss) attributable to CBIQ1 2023 + Net income (loss) attributable to CBIQ4 2022) ÷ Total CBI stockholders’ equity
= 100 × (467,700 + -1,151,200 + 389,500 + 395,400) ÷ 8,389,500 = 1.21%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Constellation Brands Inc. ROE deteriorated from Q1 2023 to Q2 2023 but then slightly improved from Q2 2023 to Q3 2023.

Return on Assets (ROA)

Constellation Brands Inc., ROA calculation (quarterly data)

Microsoft Excel
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 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to CBI 467,700 (1,151,200) 389,500 395,400 470,800 1,500 (908,100) 382,900 1,280,900 512,100 (177,900) 398,400 360,400 (525,200) (245,400) 1,239,500 303,100 1,149,500 743,800 925,500 491,100 499,500 402,800 452,000 405,900 358,900 318,300
Total assets 24,463,000 24,280,900 25,841,100 25,855,800 25,527,300 25,340,300 26,192,400 27,104,800 27,630,600 26,462,500 26,149,800 27,323,200 27,093,700 27,555,100 28,951,100 29,231,500 27,890,400 24,097,500 23,096,700 20,538,700 20,107,100 19,418,400 18,959,400 18,602,400 18,320,100 17,717,400 17,630,000
Profitability Ratio
ROA1 0.41% 0.43% 4.87% -0.16% -0.21% 2.99% 4.84% 7.37% 7.29% 4.13% 0.21% -0.04% 3.06% 2.80% 8.45% 11.75% 11.19% 13.74% 11.52% 11.29% 9.18% 9.06% 8.54% 8.25%
Benchmarks
ROA, Competitors2
Altria Group Inc. 24.02% 18.35% 15.18% 15.60% 13.84% 4.77% 7.48% 6.26% 7.01% 10.24% 8.90% 9.42% 1.57% -1.82% -1.64% -2.62%
Coca-Cola Co. 11.04% 10.67% 10.13% 10.29% 10.73% 10.27% 10.96% 10.36% 9.73% 8.96% 8.02% 8.87% 8.57% 9.70% 10.65% 10.33%
PepsiCo Inc. 8.29% 8.24% 7.07% 9.67% 10.28% 9.92% 10.93% 8.25% 8.73% 8.88% 8.22% 7.66% 7.65% 7.65% 8.51% 9.31%
Philip Morris International Inc. 12.74% 13.01% 14.04% 14.67% 21.48% 22.18% 21.62% 22.06% 21.62% 21.81% 21.73% 17.98% 19.67% 18.60% 20.42% 16.76%

Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).

1 Q3 2023 Calculation
ROA = 100 × (Net income (loss) attributable to CBIQ3 2023 + Net income (loss) attributable to CBIQ2 2023 + Net income (loss) attributable to CBIQ1 2023 + Net income (loss) attributable to CBIQ4 2022) ÷ Total assets
= 100 × (467,700 + -1,151,200 + 389,500 + 395,400) ÷ 24,463,000 = 0.41%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Constellation Brands Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.