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Constellation Brands (STZ) operating margin by quarter

Constellation Brands' operating margin was 28.6% in Q2 FY27 (second quarter fiscal 2027), -4.1 pts from Q1 FY27. Over the last 6 quarters it ranged from 21.5% (Q4 FY26) to 32.9% (Q2 FY26).

Constellation Brands operating margin by quarterConstellation Brands operating margin by quarter26.7%Q1 FY2632.9%Q2 FY2629.1%Q3 FY2621.5%Q4 FY2632.6%Q1 FY2728.6%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY2728.6%-4.1 pts-4.4 pts
Q1 FY2732.6%+11.1 pts+6.0 pts
Q4 FY2621.5%-7.6 pts—
Q3 FY2629.1%-3.8 pts—
Q2 FY2632.9%+6.3 pts—
Q1 FY2626.7%——

Q2 FY27 at a glance

Constellation Brands, Q2 FY27: revenue $2.8B (+6% year over year), operating margin 28.6%, net earnings $566M, operating cash flow $817M. The chart follows the revenue to costs, profit and cash.

Questions

What is Constellation Brands' operating margin?

Constellation Brands' operating margin was 28.6% in Q2 FY27 (second quarter fiscal 2027), -4.1 pts from Q1 FY27.

How has Constellation Brands' operating margin changed?

Over the last 6 quarters it ranged from 21.5% (Q4 FY26) to 32.9% (Q2 FY26).

Q2 FY27 results → · How Constellation Brands makes money →