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Diageo vs Constellation Brands: revenue, profit, margins and growth compared

Diageo brought in $28B of revenue in fiscal 2025, Constellation Brands $9.8B in fiscal 2026. Revenue changed by +0.3% at Diageo and -11.0% at Constellation Brands on the year before, so Diageo grew faster. Diageo kept 9.1% of its revenue as net profit, Constellation Brands 17.3%.

Side by side, latest fiscal year

DEOSTZ
Fiscal year endedFY2025 (June 30, 2025)FY2026 (February 28, 2026)
Revenue$28B$9.8B
Revenue growth+0.3%-11.0%
Net income$2.5B$1.7B
Net margin9.1%17.3%
Free cash flown/a$1.8B
Free cash flow marginn/a18.4%
Earnings per share (diluted)$1.06n/a
Cash$2.2B$102.4M
Debt$21.9B$10.3B
Price to earningsn/an/a
Market value$48B$19.3B
Dividend yieldn/an/a
Rank by revenue in sector#13 of 154 · Consumer staples#24 of 154 · Consumer staples

Over the years

Revenue
DEO FY2022: $29.8BDEO FY2024: $28.3BDEO FY2024: $27.9BDEO FY2025: $28BSTZ FY2018: $8.9BSTZ FY2020: $9.1BSTZ FY2021: $9.4BSTZ FY2022: $9.5BSTZ FY2023: $10.2BSTZ FY2024: $10.7BSTZ FY2025: $11BSTZ FY2026: $9.8BFY18FY20FY21FY22FY23FY24FY25FY26
DEO $28BSTZ $9.8B
Net income
DEO FY2022: $4.4BDEO FY2024: $4.5BDEO FY2024: $4.2BDEO FY2025: $2.5BSTZ FY2018: $3.4BSTZ FY2020: -$11.8MSTZ FY2021: $2BSTZ FY2022: -$40.4MSTZ FY2023: -$71MSTZ FY2024: $1.7BSTZ FY2025: -$81.4MSTZ FY2026: $1.7BFY18FY20FY21FY22FY23FY24FY25FY26
DEO $2.5BSTZ $1.7B
Net margin
DEO FY2022: 14.8%DEO FY2024: 15.8%DEO FY2024: 14.9%DEO FY2025: 9.1%STZ FY2018: 38.7%STZ FY2020: -0.1%STZ FY2021: 21.4%STZ FY2022: -0.4%STZ FY2023: -0.7%STZ FY2024: 16.1%STZ FY2025: -0.7%STZ FY2026: 17.3%FY18FY20FY21FY22FY23FY24FY25FY26
DEO 9.1%STZ 17.3%
Revenue growth
DEO FY2024: -5.0%DEO FY2024: -1.3%DEO FY2025: +0.3%STZ FY2020: +2.6%STZ FY2021: +2.7%STZ FY2022: +1.9%STZ FY2023: +6.8%STZ FY2024: +5.2%STZ FY2025: +2.3%STZ FY2026: -11.0%FY20FY21FY22FY23FY24FY25FY26
DEO +0.3%STZ -11.0%
Free cash flow
STZ FY2018: $1.4BSTZ FY2020: $1.8BSTZ FY2021: $1.9BSTZ FY2022: $1.7BSTZ FY2023: $1.7BSTZ FY2024: $1.5BSTZ FY2025: $1.9BSTZ FY2026: $1.8BFY18FY20FY21FY22FY23FY24FY25FY26
DEOSTZ $1.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Diageo and Constellation Brands

Which is bigger by revenue, Diageo or Constellation Brands?

Diageo is bigger by revenue: $28B in fiscal 2025, against $9.8B for Constellation Brands in fiscal 2026.

Which keeps more of its revenue as profit, Diageo or Constellation Brands?

Diageo had a net margin of 9.1% in fiscal 2025; Constellation Brands had 17.3% in fiscal 2026.

Which grew revenue faster, Diageo or Constellation Brands?

In their latest fiscal years revenue changed by +0.3% at Diageo and -11.0% at Constellation Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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