Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Constellation Brands Inc., profitability ratios (quarterly data)
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)
| 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% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 37.77% | 36.59% | 35.79% | 35.92% | 36.34% | 37.76% | 38.54% | 39.19% | 39.82% | 40.44% | 40.43% | 39.30% | 39.44% | 38.85% | 39.16% | 39.96% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| 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)
| 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% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 14.53% | 13.02% | 11.99% | 11.22% | 12.82% | 15.12% | 15.26% | 16.20% | 16.21% | 15.94% | 15.79% | 14.50% | 13.78% | 12.95% | 14.07% | 14.86% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| 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)
| 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% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 12.97% | 12.13% | 11.99% | 8.63% | 10.30% | 12.93% | 14.34% | 14.97% | 15.70% | 15.49% | 13.94% | 13.37% | 11.93% | 13.25% | 14.18% | 14.96% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| 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)
| 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% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 16.09% | 14.45% | 13.97% | 10.11% | 11.78% | 14.04% | 14.89% | 15.21% | 16.08% | 15.66% | 13.96% | 12.89% | 11.60% | 13.18% | 14.38% | 14.19% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| 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)
| 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% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 6.48% | 5.75% | 5.42% | 3.82% | 4.61% | 5.85% | 6.17% | 6.41% | 6.61% | 6.49% | 5.70% | 5.24% | 4.72% | 5.34% | 5.81% | 6.00% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| 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. |