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 five-year period, Constellation Brands experienced steady growth in revenue and gross profit, with revenue climbing from USD 8.61 billion in 2021 to USD 10.21 billion in 2025. Gross profit similarly increased from USD 4.47 billion to USD 5.31 billion. However, the operating income and net income figures show notable volatility. After a healthy operating income of USD 2.79 billion in 2021, there was a decline to USD 2.33 billion in 2022—a reduction of about 16%—before a rebound in 2023 and a peak in 2024 at USD 3.17 billion. The consistency in revenue and gross profit suggests that the company has managed its top-line growth and cost of goods sold reasonably well, even amid operational challenges. The most significant swing is observed in 2025 when operating income plummeted dramatically from USD 3.17 billion to only USD 354.9 million, accompanied by net income shifting from a robust USD 1.73 billion in 2024 to a loss of USD 81.4 million. This over 80% drop in operating income indicates a major surge in operating expenses or other inefficiencies that year. In the context of the highly competitive alcoholic beverage industry, where market conditions and consumer trends can rapidly shift, such volatility may point to either one-off operational disruptions or strategic investments that did not yield immediate returns. Overall, while the top-line growth remains consistent, the severe fluctuations in profitability metrics raise concerns about operational execution. The company’s financial health and sustainability would benefit from stabilizing its operating performance, as recurring severe swings could undermine investor confidence and affect long-term 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.