Constellation Effective Tax Rate from 2010 to 2024

STZ Stock  USD 237.76  3.19  1.32%   
Constellation Brands Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. During the period from 2010 to 2024, Constellation Brands Effective Tax Rate regression line of annual values had r-squared of  0.13 and arithmetic mean of  0.34. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.20550905
Current Value
0.38095238
Quarterly Volatility
0.30433918
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Constellation Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Constellation Brands' main balance sheet or income statement drivers, such as Depreciation And Amortization of 450.7 M, Interest Expense of 226.3 M or Total Revenue of 10.5 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0077 or PTB Ratio of 2.36. Constellation financial statements analysis is a perfect complement when working with Constellation Brands Valuation or Volatility modules.
  
Check out the analysis of Constellation Brands Correlation against competitors.

Latest Constellation Brands' Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Constellation Brands Class over the last few years. Effective Tax Rate is the average rate at which Constellation Brands pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Constellation Brands total tax expenses by Constellation Brands earnings before taxes. It is Constellation Brands' Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Constellation Brands' overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Constellation Effective Tax Rate Regression Statistics

Arithmetic Mean0.34
Geometric Mean0.22
Coefficient Of Variation89.28
Mean Deviation0.20
Median0.25
Standard Deviation0.30
Sample Variance0.09
Range1.0953
R-Value0.35
Mean Square Error0.09
R-Squared0.13
Significance0.20
Slope0.02
Total Sum of Squares1.30

Constellation Effective Tax Rate History

2024 0.38
2023 0.21
2022 1.1
2021 1.0
2019 0.2
2018 0.17
2017 0.00508

About Constellation Brands Financial Statements

Constellation Brands investors use historical fundamental indicators, such as Constellation Brands' Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Constellation Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.21  0.38 

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Additional Tools for Constellation Stock Analysis

When running Constellation Brands' price analysis, check to measure Constellation Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Constellation Brands is operating at the current time. Most of Constellation Brands' value examination focuses on studying past and present price action to predict the probability of Constellation Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Brands' price. Additionally, you may evaluate how the addition of Constellation Brands to your portfolios can decrease your overall portfolio volatility.