Financial Statements

Constellation Brands, Inc. (STZ-B)

$273.08

+6.73 (+2.53%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 15,11813,69514,2769,228-
Net Income -401,998-123,4362,319
Stock Dividends 1-102,1707,309
Dividend Paid -573-575-569-558-400
Retained Earnings 14,50515,11813,69514,2769,228

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 6,0745,5995,0464,551-
Annual Depreciation 1,2371,3401,2791,3815,609
Capital Expenditure -1,027-865-727-886-1,058
Net PPE 6,2836,0745,5995,0464,551

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -8,0838,0897,7577,794
New Purchases -----
Intangible and Goodwill 8,0838,0897,7577,7947,862

Constellation Brands, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Constellation Brands, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.