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

Primo Brands brought in $6.7B of revenue in fiscal 2025, Constellation Brands $9.8B in fiscal 2026. Revenue changed by +29.3% at Primo Brands and -11.0% at Constellation Brands on the year before, so Primo Brands grew faster. Primo Brands kept 0.9% of its revenue as net profit, Constellation Brands 17.3%. Free cash flow was $302.9M at Primo Brands and $1.8B at Constellation Brands.

Side by side, latest fiscal year

PRMBSTZ
Fiscal year endedFY2025 (December 31, 2025)FY2026 (February 28, 2026)
Revenue$6.7B$9.8B
Revenue growth+29.3%-11.0%
Net income$60.1M$1.7B
Net margin0.9%17.3%
Free cash flow$302.9M$1.8B
Free cash flow margin4.5%18.4%
Earnings per share (diluted)$0.16n/a
Cash$376.7M$102.4M
Debt$5.1B$10.3B
Price to earnings121.9n/a
Market value$7.1B$19.4B
Dividend yield2.05%n/a
Rank by revenue in sector#33 of 93 · Consumer staples#22 of 93 · Consumer staples

Over the years

Revenue
PRMB FY2022: $4.4BPRMB FY2024: $4.7BPRMB FY2024: $5.2BPRMB FY2025: $6.7BSTZ FY2018: $8.9BSTZ FY2020: $9.1BSTZ FY2021: $9.4BSTZ FY2022: $9.5BSTZ FY2023: $10.2BSTZ FY2024: $10.7BSTZ FY2025: $11BSTZ FY2026: $9.8BFY18FY20FY21FY22FY23FY24FY25FY26
PRMB $6.7BSTZ $9.8B
Net income
PRMB FY2022: -$126.7MPRMB FY2024: $92.8MPRMB FY2024: -$16.4MPRMB FY2025: $60.1MSTZ FY2018: $3.4BSTZ FY2020: -$11.8MSTZ FY2021: $2BSTZ FY2022: -$40.4MSTZ FY2023: -$71MSTZ FY2024: $1.7BSTZ FY2025: -$81.4MSTZ FY2026: $1.7BFY18FY20FY21FY22FY23FY24FY25FY26
PRMB $60.1MSTZ $1.7B
Net margin
PRMB FY2022: -2.9%PRMB FY2024: 2.0%PRMB FY2024: -0.3%PRMB FY2025: 0.9%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
PRMB 0.9%STZ 17.3%
Revenue growth
PRMB FY2024: +5.8%PRMB FY2024: +9.7%PRMB FY2025: +29.3%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
PRMB +29.3%STZ -11.0%
Free cash flow
PRMB FY2022: -$150.2MPRMB FY2024: $117.3MPRMB FY2024: $313.6MPRMB FY2025: $302.9MSTZ FY2018: $1.4BSTZ FY2020: $1.8BSTZ FY2021: $1.9BSTZ FY2022: $1.7BSTZ FY2023: $1.7BSTZ FY2024: $1.5BSTZ FY2025: $1.9BSTZ FY2026: $1.8BFY18FY20FY21FY22FY23FY24FY25FY26
PRMB $302.9MSTZ $1.8B

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

Questions about Primo Brands and Constellation Brands

Which is bigger by revenue, Primo Brands or Constellation Brands?

Constellation Brands is bigger by revenue: $9.8B in fiscal 2026, against $6.7B for Primo Brands in fiscal 2025.

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

Primo Brands had a net margin of 0.9% in fiscal 2025; Constellation Brands had 17.3% in fiscal 2026.

Which grew revenue faster, Primo Brands or Constellation Brands?

In their latest fiscal years revenue changed by +29.3% at Primo Brands 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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