Constellation Brands, Inc. (STZ) FCF Payout Ratio: 39.99%
Is Constellation Brands, Inc.’s FCF payout ratio high or low?
Constellation Brands, Inc.'s FCF payout ratio of 39.99% is in line with its 5-year average of 36.47%, near the high end of its 5-year range (29.61%–43.27%).
The FCF payout ratio for Constellation Brands, Inc. (STZ) is 39.99%. It is above its 12-month average by 3.00% (38.83%).
STZ FCF Payout Ratio Chart
STZ Average FCF Payout Ratio Chart
STZ Current vs Average FCF Payout Ratio Chart
STZ FCF Payout Ratio Metrics
FCF PAYOUT RATIO
39.99%
FCF PAYOUT RATIO AVG TTM
38.83%
FCF PAYOUT RATIO AVG 3Y
38.77%
FCF PAYOUT RATIO AVG 5Y
36.47%
FCF PAYOUT RATIO AVG 10Y
38.46%
FCF PAYOUT RATIO AVG 15Y
38.46%
FCF PAYOUT RATIO AVG 20Y
33.25%
CURRENT VS TTM AVG
+3.00%
CURRENT VS 3Y AVG
+3.16%
CURRENT VS 5Y AVG
+9.66%
CURRENT VS 10Y AVG
+3.99%
CURRENT VS 15Y AVG
+3.99%
CURRENT VS 20Y AVG
+20.27%
Payout Ratio Comparison
FCF Payout Ratio
40.0%
Earnings Payout Ratio
42.5%
Dividend Yield
2.89%
FCF Yield
7.30%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $1.79B | $715.70M | 39.9% |
| 2025 | $1.94B | $731.80M | 37.8% |
| 2024 | $1.51B | $653.80M | 43.3% |
| 2023 | $1.72B | $587.70M | 34.1% |
| 2022 | $1.68B | $573.00M | 34.1% |
| 2021 | $1.94B | $575.00M | 29.6% |
| 2020 | $1.82B | $569.20M | 31.2% |
| 2019 | $1.36B | $557.70M | 41.0% |
| 2018 | $873.80M | $400.10M | 45.8% |
| 2017 | $788.60M | $315.10M | 40.0% |
| 2016 | $522.40M | $241.60M | 46.2% |
| 2015 | $361.60M | $0 | 0.0% |
| 2014 | $602.70M | $0 | 0.0% |
| 2013 | $494.20M | $0 | 0.0% |
| 2012 | $715.70M | $0 | 0.0% |
| 2011 | $530.20M | $0 | 0.0% |
| 2010 | $294.80M | $0 | 0.0% |
| 2009 | $378.30M | $0 | 0.0% |
| 2008 | $376.00M | $0 | 0.0% |
| 2007 | $121.20M | $7.30M | 6.0% |
| 2006 | $303.47M | $9.80M | 3.2% |
| 2005 | $201.04M | $9.80M | 4.9% |
| 2004 | $235.21M | $3.29M | 1.4% |
| 2003 | $164.48M | $0 | 0.0% |
| 2002 | ($330.68M) | $0 | N/A (Loss) |
| 2001 | $31.10M | $0 | 0.0% |
| 2000 | ($362.60M) | $0 | N/A (Loss) |
| 1999 | ($274.90M) | $0 | N/A (Loss) |
| 1998 | ($2.40M) | $0 | N/A (Loss) |
| 1997 | $76.20M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Constellation Brands, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Constellation Brands, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The FCF payout ratio for STZ stock is 39.99%.
- Is Constellation Brands, Inc.'s FCF payout ratio high or low?
- Constellation Brands, Inc.'s FCF payout ratio of 39.99% is in line with its 5-year average of 36.47%, near the high end of its 5-year range (29.61%–43.27%).
- What is the TTM average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The TTM average FCF payout ratio for STZ stock is 38.83%.
- What is the 3Y average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The 3Y average FCF payout ratio for STZ stock is 38.77%.
- What is the 5Y average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The 5Y average FCF payout ratio for STZ stock is 36.47%.
- What is the 10Y average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The 10Y average FCF payout ratio for STZ stock is 38.46%.
- What is the 15Y average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The 15Y average FCF payout ratio for STZ stock is 38.46%.
- What is the 20Y average FCF payout ratio for Constellation Brands, Inc. (STZ)?
- The 20Y average FCF payout ratio for STZ stock is 33.25%.
Constellation Brands, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-02-28 | 39.89% |
| 2025-02-28 | 37.76% |
| 2024-02-29 | 43.27% |
| 2023-02-28 | 34.14% |
| 2022-02-28 | 34.14% |
| 2021-02-28 | 29.61% |
| 2020-02-29 | 31.20% |
| 2019-02-28 | 41.01% |
| 2018-02-28 | 45.79% |
| 2017-02-28 | 39.96% |
| 2016-02-29 | 46.25% |
| 2007-02-28 | 6.02% |
| 2006-02-28 | 3.23% |
| 2005-02-28 | 4.88% |
| 2004-02-29 | 1.40% |
About Constellation Brands, Inc.
Constellation Brands, Inc., operating through its subsidiaries, is a global producer, importer, and distributor of a diverse range of beer, wine, and spirits. The company's extensive market presence spans the United States, Canada, Mexico, New Zealand, and Italy. Its prominent beer brands include Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria. Within its wine portfolio, consumers can find labels such as 7 Moons, Cook's California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader. The spirits division encompasses brands like Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA. The company's products are supplied to various outlets, including wholesale distributors, retailers, on-premise establishments, and state alcohol beverage control agencies. Founded in 1945, Constellation Brands, Inc. is headquartered in Victor, New York.
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- CEO
- Nicholas Ian Fink