Constellation Brands, Inc.
Cash Flow Statement
| Line Item | Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $565.8M | $653.8M | $201.8M | $502.8M | $466.0M | $516.1M | $-375.3M | $615.9M |
| Depreciation & Amortization | $97.1M | $97.9M | $112.1M | $99.3M | $103.1M | $105.5M | $106.2M | $119.3M |
| Depreciation | $96.8M | $97.6M | $111.8M | $99.0M | $102.7M | $105.2M | $105.9M | $119.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $19.9M | $15.0M | $19.7M | $15.9M | $21.7M | $10.4M | $11.5M | $19.7M |
| Net Cash from Operating Activities | $816.8M | $661.8M | $562.8M | $616.9M | $852.1M | $637.2M | $594.7M | $685.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $176.9M | $177.2M | $218.9M | $246.0M | $217.3M | $192.8M | $282.6M | $228.4M |
| Business Acquisitions | $0 | $15.3M | $0 | $0 | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-157.2M | $-193.2M | $-213.6M | $-234.7M | $660.9M | $-196.1M | $123.4M | $-240.6M |
| Financing Activities | ||||||||
| Dividends Paid | $175.1M | $178.7M | $176.9M | $177.7M | $178.9M | $182.2M | $180.5M | $182.7M |
| Stock Repurchases | $230.9M | $223.8M | $100.0M | $220.1M | $297.9M | $306.1M | $455.7M | $218.9M |
| Net Cash from Financing Activities | $-657.5M | $-474.0M | $-401.3M | $-301.6M | $-1.52B | $-437.6M | $-723.0M | $-434.8M |
| Net Change in Cash | $1.9M | $-5.8M | $-50.0M | $80.4M | $-1.9M | $5.8M | $-5.6M | $9.1M |
| Free Cash Flow | $639.9M | $484.6M | $343.9M | $370.9M | $634.8M | $444.4M | $312.1M | $456.8M |