Constellation Brands, Inc. (STZ) Balance Sheet
STZ balance sheet, FY2026
February 28, 2026 · U.S. dollars$21.90B assets = $13.51B liabilities + $8.39B equity
Both columns are drawn to the same scale: what STZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
STZ financial health
Current ratio1.08
Adequate · current assets cover current liabilities 1.08×
Debt / equity1.39
Moderate leverage · $1.39 of debt for each $1 of equity
Equity / assets36.9%
Balanced · of assets funded by shareholders
Cash / debt0.9%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles35.5%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
STZ balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $18.60BFY2017 | $21.90BFY2026 | +1.8%/yr | |
| Total liabilities | $11.72BFY2017 | $13.51BFY2026 | +1.6%/yr | |
| Shareholders’ equity | $6.89BFY2017 | $8.08BFY2026 | +1.8%/yr | |
| Cash & short-term investments | $177.4MFY2017 | $102.4MFY2026 | −5.9%/yr | |
| Total debt | $9.24BFY2017 | $11.20BFY2026 | +2.2%/yr | |
| Net cash (debt) | −$9.06BFY2017 | −$11.10BFY2026 | −$2.0B | |
| Working capital | $532.4MFY2017 | $216.5MFY2026 | −$315.9M | |
| Book value per share | $33.76FY2017 | $46.04FY2026 | +3.5%/yr | |
| Current ratio | 1.20FY2017 | 1.08FY2026 | −0.12 | |
| Debt / equity | 1.34FY2017 | 1.39FY2026 | +0.05 | |
| Shares outstanding | 204.1MFY2017 | 175.6MFY2026 | −1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
STZ assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
STZ liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
STZ debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
STZ balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $102.4M | $68.1M | $152.4M | $133.5M | $199.4M | $460.6M | $81.4M | $93.6M | $90.3M | $177.4M |
| Cash & equivalents | $102.4M | $68.1M | $152.4M | $133.5M | $199.4M | $460.6M | $81.4M | $93.6M | $90.3M | $177.4M |
| Short-term investments | — | — | — | −$93.2M | — | — | $3.09B | — | $0 | $300,000 |
| Receivables | $947.3M | $992.7M | $1.08B | $1.08B | $1.12B | $1.09B | $1.22B | $1.27B | $1.11B | $837.4M |
| Inventory | $1.43B | $1.44B | $2.08B | $1.90B | $1.57B | $1.29B | $1.37B | $2.13B | $2.08B | $1.96B |
| Other current assets | $422.7M | $1.22B | $418.3M | $388.1M | $437.9M | $204.3M | $813.9M | $192.1M | $192.6M | $260.1M |
| Total current assets | $2.91B | $3.72B | $3.73B | $3.50B | $3.33B | $3.04B | $3.48B | $3.68B | $3.47B | $3.23B |
| Property, plant & equipment (net) | $8.52B | $7.96B | $8.67B | $6.87B | $6.54B | $6.30B | $5.81B | $5.27B | $4.79B | $3.93B |
| Goodwill & intangible assets | $7.77B | $7.66B | $10.71B | $10.65B | $10.62B | $10.53B | $10.48B | $11.29B | $11.39B | $11.30B |
| Long-term investments | $219.1M | $206.0M | $170.6M | $756.5M | $2.88B | $4.61B | $4.21B | $3.47B | $793.7M | $103.1M |
| Other non-current assets | $2.49B | $2.12B | $2.41B | $2.89B | $2.49B | $2.63B | $3.34B | $5.53B | $93.4M | $38.3M |
| Total assets | $21.90B | $21.65B | $25.69B | $24.66B | $25.86B | $27.10B | $27.32B | $29.23B | $20.54B | $18.60B |
| Liabilities | ||||||||||
| Accounts payable | $960.2M | $939.8M | $1.11B | $941.5M | $899.2M | $460.0M | $557.6M | $616.7M | $592.2M | $559.8M |
| Short-term debt | $977.5M | $2.29B | $1.29B | $1.26B | $1.01B | $98.0M | $1.05B | $1.86B | $769.1M | $1.52B |
| Deferred revenue | $17.8M | $91.5M | $34.6M | $34.0M | $32.0M | $16.3M | $569.7M | $497.1M | $427.0M | $457.7M |
| Total current liabilities | $2.69B | $4.04B | $3.14B | $2.97B | $2.70B | $1.27B | $2.31B | $3.16B | $1.94B | $2.70B |
| Long-term debt | $9.69B | $9.29B | $10.68B | $11.29B | $9.49B | $10.41B | $11.21B | $11.76B | $9.42B | $7.72B |
| Lease obligations | $634.1M | $615.8M | $678.3M | $498.8M | $537.7M | $539.9M | $560.2M | — | — | — |
| Other long-term liabilities | $1.13B | $1.19B | $1.80B | $1.67B | $1.62B | $1.49B | $1.33B | $1.47B | $1.11B | $1.30B |
| Total liabilities | $13.51B | $14.52B | $15.63B | $15.93B | $13.81B | $13.18B | $14.85B | $16.39B | $12.48B | $11.72B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.1M | $2.1M | $2.1M | $2.1M | $2.2M | $2.2M | $2.2M | $2.2M | $2.83B | $2.76B |
| Retained earnings (deficit) | $13.57B | $12.60B | $13.42B | $12.34B | $14.51B | $15.12B | $13.70B | $14.28B | $9.16B | $7.31B |
| Treasury stock | — | — | — | −$11.73B | −$8.34B | −$5.58B | −$5.63B | −$5.57B | −$7.61B | −$5.56B |
| Accumulated other comprehensive income | $423.2M | −$662.7M | $376.8M | $28.5M | −$412.7M | −$335.5M | −$266.3M | −$353.9M | −$202.9M | −$399.8M |
| Minority interest | $304.5M | $252.8M | $321.5M | $320.3M | $315.9M | $330.2M | $342.5M | $286.2M | $16.6M | −$6.4M |
| Total shareholders' equity | $8.08B | $6.88B | $9.74B | $8.41B | $11.73B | $13.60B | $12.13B | $12.55B | $7.98B | $6.89B |
| Key figures | ||||||||||
| Total debt | $11.20B | $12.11B | $12.56B | $12.96B | $10.95B | $10.98B | $12.74B | $13.62B | $10.19B | $9.24B |
| Net cash (debt) | −$11.10B | −$12.05B | −$12.41B | −$12.83B | −$10.75B | −$10.52B | −$12.66B | −$13.52B | −$10.10B | −$9.06B |
| Working capital | $216.5M | −$318.8M | $587.8M | $527.8M | $630.9M | $1.78B | $1.17B | $520.2M | $1.53B | $532.4M |
| Tangible book value | $315.5M | −$777.1M | −$968.9M | −$2.24B | $1.11B | $3.07B | $1.66B | $1.26B | −$3.41B | −$4.41B |
| Book value per share | $46.04 | $37.92 | $52.96 | $43.70 | $61.63 | $69.63 | $64.08 | $64.19 | $39.73 | $33.76 |
| Shares outstanding | 175.6M | 181.5M | 184.0M | 192.5M | 190.4M | 195.3M | 189.3M | 195.5M | 200.7M | 204.1M |
| Current ratio | 1.08 | 0.92 | 1.19 | 1.18 | 1.23 | 2.40 | 1.51 | 1.16 | 1.79 | 1.20 |
| Quick ratio | 0.39 | 0.26 | 0.39 | 0.41 | 0.49 | 1.22 | 0.56 | 0.43 | 0.62 | 0.38 |
| Debt / equity | 1.39 | 1.76 | 1.29 | 1.54 | 0.93 | 0.81 | 1.05 | 1.08 | 1.28 | 1.34 |
| Equity / assets | 36.9% | 31.8% | 37.9% | 34.1% | 45.4% | 50.2% | 44.4% | 42.9% | 38.8% | 37.0% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $98.5M | $96.6M | $102.4M | $152.4M | $72.0M | $73.9M | $68.1M | $73.7M | $64.6M | $73.8M | $152.4M | $78.7M |
| Cash & equivalents | $98.5M | $96.6M | $102.4M | $152.4M | $72.0M | $73.9M | $68.1M | $73.7M | $64.6M | $73.8M | $152.4M | $78.7M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | — | — | — |
| Receivables | $678.1M | $726.7M | $947.3M | $708.3M | $946.0M | $813.3M | $992.7M | $836.2M | $871.3M | $893.9M | $1.08B | $897.3M |
| Inventory | $1.38B | $1.45B | $1.43B | $1.38B | $1.44B | $1.41B | $1.44B | $2.13B | $2.10B | $2.13B | $2.08B | $1.99B |
| Other current assets | $804.3M | $765.1M | $422.7M | $669.2M | $421.2M | $1.64B | $1.22B | $590.0M | $612.3M | $733.7M | $418.3M | $587.4M |
| Total current assets | $2.96B | $3.04B | $2.91B | $2.91B | $2.88B | $3.94B | $3.72B | $3.63B | $3.65B | $3.83B | $3.73B | $3.55B |
| Property, plant & equipment (net) | $8.65B | $8.51B | $8.52B | $8.79B | $8.61B | $8.29B | $7.96B | $8.33B | $8.48B | $8.90B | $8.06B | $7.71B |
| Goodwill & intangible assets | $7.80B | $7.79B | $7.77B | $7.72B | $7.71B | $7.69B | $7.66B | $8.33B | $8.48B | $10.72B | $10.71B | $10.71B |
| Long-term investments | $0 | $0 | $219.1M | $230.3M | $208.5M | $210.5M | $206.0M | $310.6M | $316.5M | $310.2M | $170.6M | $233.3M |
| Other non-current assets | $2.65B | $2.77B | $2.49B | $2.03B | $2.01B | $2.13B | $2.12B | $2.21B | $2.16B | $2.30B | $3.02B | $2.85B |
| Total assets | $22.06B | $22.11B | $21.90B | $21.68B | $21.42B | $22.26B | $21.65B | $22.81B | $23.08B | $26.06B | $25.69B | $25.06B |
| Liabilities | ||||||||||||
| Accounts payable | $999.4M | $1.00B | $960.2M | $976.5M | $1.02B | $979.5M | $939.8M | $1.06B | $1.10B | $1.14B | $1.11B | $1.03B |
| Short-term debt | $1.22B | $1.44B | $977.5M | $378.7M | $756.6M | $1.78B | $2.29B | $1.39B | $912.8M | $1.20B | $1.29B | $1.42B |
| Deferred revenue | — | — | $17.8M | — | — | — | $91.5M | — | −$404.7M | — | $34.6M | −$957.3M |
| Total current liabilities | $2.96B | $3.33B | $2.69B | $2.17B | $2.66B | $3.69B | $4.04B | $3.29B | $2.91B | $3.12B | $3.14B | $3.38B |
| Long-term debt | $0 | $9.09B | $9.69B | $10.29B | $9.79B | $9.79B | $9.29B | $10.19B | $10.68B | $10.68B | $10.68B | $10.28B |
| Lease obligations | — | — | $634.1M | — | — | — | $615.8M | $540.4M | $568.5M | — | $678.3M | — |
| Other long-term liabilities | $10.22B | $1.14B | $1.13B | $1.22B | $1.19B | $1.25B | $1.19B | $1.26B | $1.33B | $1.68B | $1.80B | $1.60B |
| Total liabilities | $13.18B | $13.56B | $13.51B | $13.68B | $13.63B | $14.73B | $14.52B | $14.73B | $14.92B | $15.49B | $15.63B | $15.26B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M |
| Retained earnings (deficit) | $14.44B | $14.05B | $13.57B | $13.55B | $13.23B | $12.94B | $12.60B | $13.16B | $12.73B | $14.11B | $13.42B | $13.19B |
| Accumulated other comprehensive income | $489.5M | $337.8M | $423.2M | −$800,000 | −$92.3M | −$312.0M | −$662.7M | −$724.7M | −$427.0M | $367.8M | $376.8M | $364.4M |
| Minority interest | — | $294.2M | $304.5M | $289.5M | $285.9M | $266.6M | — | — | — | — | — | — |
| Total shareholders' equity | $8.59B | $8.26B | $8.08B | $7.71B | $7.50B | $7.27B | $6.88B | $7.82B | $7.87B | $10.25B | $9.74B | $9.47B |
| Key figures | ||||||||||||
| Total debt | $10.32B | $10.53B | $11.20B | $10.66B | $10.54B | $11.57B | $12.11B | $12.12B | $12.16B | $11.88B | $12.56B | $11.70B |
| Net cash (debt) | −$10.22B | −$10.44B | −$11.10B | −$10.51B | −$10.47B | −$11.49B | −$12.05B | −$12.05B | −$12.10B | −$11.81B | −$12.41B | −$11.62B |
| Working capital | −$4.3M | −$288.0M | $216.5M | $735.9M | $219.5M | $247.2M | −$318.8M | $340.5M | $733.0M | $706.2M | $587.8M | $171.5M |
| Tangible book value | $786.4M | $469.9M | $315.5M | −$12.5M | −$212.3M | −$424.8M | −$777.1M | −$512.8M | −$607.6M | −$465.1M | −$968.9M | −$1.24B |
| Book value per share | $50.33 | $47.88 | $46.54 | $44.16 | $42.63 | $40.82 | $38.25 | $43.01 | $43.26 | $55.88 | $53.08 | $51.43 |
| Shares outstanding | 170.6M | 172.4M | 173.7M | 174.6M | 175.9M | 178.0M | 179.9M | 181.8M | 181.9M | 183.5M | 183.6M | 184.2M |
| Current ratio | 1.00 | 0.91 | 1.08 | 1.34 | 1.08 | 1.07 | 0.92 | 1.10 | 1.25 | 1.23 | 1.19 | 1.05 |
| Quick ratio | 0.26 | 0.25 | 0.39 | 0.40 | 0.38 | 0.24 | 0.26 | 0.28 | 0.32 | 0.31 | 0.39 | 0.29 |
| Debt / equity | 1.20 | 1.28 | 1.39 | 1.38 | 1.41 | 1.59 | 1.76 | 1.55 | 1.55 | 1.16 | 1.29 | 1.24 |
| Equity / assets | 38.9% | 37.3% | 36.9% | 35.6% | 35.0% | 32.6% | 31.8% | 34.3% | 34.1% | 39.3% | 37.9% | 37.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 22, 2026); data from EODHD.
STZ financial position
At the end of fiscal 2026 (February 28, 2026), Constellation Brands had total assets of $21.9 billion (up 1.1% from a year earlier), total liabilities of $13.5 billion and shareholders' equity of $8.1 billion. It held $102.4 million in cash and short-term investments against $11.2 billion of debt, net debt of $11.1 billion. Its current ratio was 1.08. In the latest quarter (ended August 31, 2026) total assets were $22.1 billion and equity $8.6 billion.
Related: STZ income statement, STZ cash flow statement, STZ key metrics. See the STZ stock overview for the latest quote and news.
STZ balance sheet FAQ
What are Constellation Brands's total assets?
Constellation Brands reported total assets of $21.9 billion at the end of fiscal 2026 (February 28, 2026), compared with $21.7 billion a year earlier.
How much debt does Constellation Brands have?
Constellation Brands had $11.2 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.39.
How much cash does Constellation Brands have?
Constellation Brands held $102.4 million in cash and short-term investments at the end of fiscal 2026; with $11.2 billion of debt that is net debt of $11.1 billion.
What is Constellation Brands's book value?
Constellation Brands's shareholders' equity (book value) was $8.1 billion at the end of fiscal 2026, or $46.04 per share.
What is Constellation Brands's current ratio?
Constellation Brands had current assets of $2.9 billion and current liabilities of $2.7 billion, a current ratio of 1.08 (it can cover its short-term obligations).
How much goodwill does Constellation Brands have?
Constellation Brands carried $7.8 billion of goodwill and intangible assets, 35.5% of total assets, at the end of fiscal 2026.