Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8,615 | $8,821 | $9,453 | $9,962 | $10,209 |
| Gross Profit | $4,466 | $4,707 | $4,769 | $5,018 | $5,315 |
| Operating Income | $2,791 | $2,332 | $2,843 | $3,170 | $355 |
| Net Income | $1,998 | -$40 | -$71 | $1,727 | -$81 |
Over the past five years, Constellation Brands has demonstrated steady revenue and gross profit growth. Revenue increased from USD 8.61 billion in 2021 to USD 10.21 billion in 2025, reflecting overall positive top-line momentum even though the growth rates varied—from a modest 2% increase between 2021 and 2022 to a more noticeable jump of around 7% in 2023. Gross profit trended similarly, rising from USD 4.47 billion to USD 5.31 billion. These figures suggest that the company has maintained its ability to generate sales and secure cost-effective production or procurement despite market fluctuations in the alcoholic beverage industry. However, operating income and net income have experienced significant swings, with certain years showing declines over 20%. Operating income dropped from USD 2.79 billion in 2021 to USD 2.33 billion in 2022 and surged to USD 3.17 billion in 2024, only to plummet sharply to USD 0.355 billion in 2025. Net income, after a healthy USD 1.998 billion in 2021, turned negative in both 2022 (–USD 40.4 million) and 2023 (–USD 71 million), recovered in 2024 to USD 1.727 billion, and then again declined in 2025 (–USD 81.4 million). Such volatility in profitability metrics could indicate fluctuations in operating expenses, one-time charges, or shifts in product mix and market conditions. Overall, while the company appears robust in terms of revenue generation and gross profit, the pronounced variability in operating and net income warrants closer evaluation of cost management and operational efficiency to ensure sustainable profitability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.