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Constellation Brands (WBO:STZ) Tax Rate % : 6.61% (As of Nov. 2024)


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What is Constellation Brands Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Constellation Brands's Tax Expense for the three months ended in Nov. 2024 was €42 Mil. Constellation Brands's Pre-Tax Income for the three months ended in Nov. 2024 was €635 Mil. Therefore, Constellation Brands's Tax Rate % for the quarter that ended in Nov. 2024 was 6.61%.


Constellation Brands Tax Rate % Historical Data

The historical data trend for Constellation Brands's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Constellation Brands Tax Rate % Chart

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.26 20.10 99.68 110.04 20.55

Constellation Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.97 17.90 3.04 11.40 6.61

Constellation Brands Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Constellation Brands's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2024 )/Pre-Tax Income (A: Feb. 2024 )
=423.268/2059.609
=20.55 %

Constellation Brands's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=41.919/634.531
=6.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Constellation Brands Tax Rate % Related Terms

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Constellation Brands Business Description

Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the US, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the US, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.