← CONSTELLATION BRANDS, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $7.3b | $7.6b | $8.1b | $8.3b | $8.6b | $8.8b | $9.5b | $10.0b | $10.2b | $9.1b | |
| Gross profit | $3.5b | $3.8b | $4.1b | $4.2b | $4.5b | $4.7b | $4.8b | $5.0b | $5.3b | $4.7b | |
| Operating income (loss) | $2.4b | $2.3b | $2.4b | $2.2b | $2.8b | $2.3b | $2.8b | $3.2b | $354.9m | $2.7b | |
| Sales | $8.1b | $8.3b | $8.9b | $9.1b | $9.4b | $9.5b | $10.2b | $10.7b | $11.0b | $9.8b | |
| Excise taxes | ($730.1m) | ($741.8m) | ($768.3m) | ($769.5m) | ($740.8m) | ($708.4m) | ($724.6m) | ($749.2m) | ($748.2m) | ($616.5m) | |
| Goodwill and intangible assets impairment | — | — | — | — | — | — | ($13.0m) | $0 | ($2.8b) | $0 | |
| Gain (loss) on sale of business | $262.4m | $0 | $0 | $74.1m | $14.2m | $1.7m | $15.0m | ($15.1m) | $266.0m | ($31.9m) | |
| Income (loss) from unconsolidated investments | $27.3m | $487.2m | $2.1b | ($2.7b) | $150.3m | ($1.6b) | ($2.0b) | ($511.8m) | ($26.3m) | $9.0m | |
| Income (loss) before income taxes | $2.1b | $2.3b | $4.1b | ($945.2m) | $2.5b | $310.4m | $383.6m | $2.2b | ($82.8m) | $2.4b | |
| (Provision for) benefit from income taxes | ($554.2m) | ($11.9m) | ($685.9m) | $966.6m | ($511.1m) | ($309.4m) | ($422.1m) | ($456.6m) | $51.7m | ($621.0m) | |
| Net (income) loss attributable to noncontrolling interests | ($4.1m) | ($11.9m) | ($23.2m) | ($33.2m) | ($33.8m) | ($41.4m) | ($32.5m) | ($37.8m) | ($50.3m) | ($70.1m) | |
| Net income (loss) | $1.5b | $2.3b | $3.5b | $21.4m | $2.0b | $1.0m | ($38.5m) | $1.8b | ($31.1m) | $1.8b | |
| Net income (loss) attributable to CBI | $1.5b | $2.3b | $3.4b | ($11.8m) | $2.0b | ($40.4m) | ($71.0m) | $1.7b | ($81.4m) | $1.7b | |
| Basic (in dollars per share) | $14.86 | $22.97 | $34.81 | ($0.14) | $19.92 | $0.01 | ($0.20) | $9.63 | ($0.17) | $10.02 | |
| Diluted (in dollars per share) | $14.45 | $22.21 | $33.78 | ($0.14) | $19.65 | $0.01 | ($0.20) | $9.60 | ($0.17) | $10.01 | |
| Cash dividends declared per common share (in dollars per share) | $3.04 | $3.96 | $5.64 | $5.72 | $5.72 | $5.80 | $5.36 | $3.56 | $4.04 | $4.08 | |
| Cost of product sold | ($3.8b) | ($3.8b) | ($4.0b) | ($4.2b) | ($4.1b) | ($4.1b) | ($4.7b) | ($4.9b) | ($4.9b) | ($4.4b) | |
| Selling, general, and administrative expenses | ($1.4b) | ($1.5b) | ($1.7b) | ($1.6b) | ($1.7b) | ($1.7b) | ($1.9b) | ($1.8b) | ($1.9b) | ($1.8b) | |
| Asset impairment and related expenses | — | — | — | — | — | — | — | $0 | ($478.0m) | ($109.8m) | |
| Interest expense, net | ($333.3m) | ($332.0m) | ($367.1m) | ($428.7m) | ($385.7m) | ($356.4m) | ($398.7m) | ($435.4m) | ($411.4m) | ($352.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.