S
STZ
STZUnverified2 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$9.1B10.5%
FY2026
Operating Segments
2Active segments
Blended Margin
34.7%Operating margin
Highest Margin
38.0%Beer
Segment Shift
Beer has grown from 64.1% to 91.0% of total revenue since FY2019, with 38.0% operating margins.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2026
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Beer | $8.3B | $3.2B | 38.0% | 91.0% | -2.6% |
| Constellation Wines And Spirits | $824M | $11M | 1.3% | 9.0% | -50.6% |
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