Constellation Brands, Inc. (STZ)
Constellation Brands produces and imports beer, wine, and spirits including Corona and Modelo in the US.
STZ vs TGT: how the two businesses compare
- Bigger business: TGT, with $104.8B of yearly revenue, about 11× STZ's $9.1B.
- More profitable: STZ keeps 18 cents of each sales dollar as profit, against 4 cents at TGT.
- More cash from each sale: STZ turns 29 cents of each sales dollar into operating cash flow, against 6 cents at TGT.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Target (TGT) is the larger business by reported revenue: $104.8B in its fiscal year ended Jan 2026, about 11× STZ's $9.1B (fiscal year ended Feb 2026). STZ's net margin was 18.5% and TGT's 3.5%. The SEC classifies them differently (Beverages; Retail-Variety Stores); what connects them is shared exposure to the Tariffs & trade research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Consumer Staples
- Different
- Separate classifications
- Different
- STZ February 28 · TGT February 1
- Apr 22, 2026
STZ vs TGT: quick comparison
| Company fact | STZ | TGT |
|---|---|---|
| Company | Constellation Brands, Inc. | Target Corporation |
| Exchange | NYSE | NYSE |
| SEC industry | Beverages | Retail-Variety Stores |
| Fiscal year-end | February 28 | February 1 |
| Latest annual filing | 10-K · 2026-04-22 | 10-K · 2026-03-11 |
STZ vs TGT: audited financials
- Scale: TGT's $104.8B of revenue is about 11× STZ's $9.1B.
- Net margin: STZ kept 18.5% of revenue as net income versus 3.5% at TGT.
- Cash conversion: operating cash flow equalled STZ 29.2% of revenue, or 1.58× net income; TGT 6.3% of revenue, or 1.77× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 1 month apart (2026-02-28 for STZ, 2026-01-31 for TGT), so each figure reflects somewhat different demand and cost conditions.
| Metric | STZ | TGT |
|---|---|---|
| Revenue | $9.1B2025-03-01 to 2026-02-28 · SEC filing | $104.8B2025-02-02 to 2026-01-31 · SEC filing |
| Net income | $1.7B2025-03-01 to 2026-02-28 · SEC filing | $3.7B2025-02-02 to 2026-01-31 · SEC filing |
| Operating cash flow | $2.7B2025-03-01 to 2026-02-28 · SEC filing | $6.6B2025-02-02 to 2026-01-31 · SEC filing |
| Diluted EPS | — | $8.132025-02-02 to 2026-01-31 · SEC filing |
| Net margin | 18.5%2025-03-01 to 2026-02-28 · SEC filing | 3.5%2025-02-02 to 2026-01-31 · SEC filing |
STZ: FY ending 2026-02-28 · TGT: FY ending 2026-01-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where STZ and TGT overlap, and where they don't
Overlap
- Shared research theme: Tariffs & trade.
Differences
- Different SEC industries: STZ files as Beverages; TGT as Retail-Variety Stores.
- Offset fiscal calendars: STZ's year ends February 28 and TGT's February 1, about 1 month apart.
- Only TGT maps to Economic trends.
- Scale: TGT reported about 11× the annual revenue of STZ.
- Profitability: net margin of 18.5% for STZ versus 3.5% for TGT.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Target Corporation (TGT)
Target is a general-merchandise retailer selling apparel, groceries, and home goods through stores and online.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves STZ
We have not yet published a company-specific driver list for STZ. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-04-22.
What moves TGT
We have not yet published a company-specific driver list for TGT. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-11.
The investment question
You now know TGT reports about 11× STZ's revenue, and STZ keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about their exposure to tariffs & trade, and which evidence in the next filings would prove that assumption wrong.
Members-only research
What members are reading this month
- Issue 07: The Vote That Knocked Almost a Quarter off Data Center Stocks
Texas has frozen new data center approvals since the summer. The vote extends that freeze, but it cannot unplug campuses that already have power. We map who is exposed, test whether the sell-off overshot and say where the real risk sits.
- Citadel bought the AI fire sale. The seller had run out of time.
Up 439% in the first half, down about 67% in July: how an AI hedge fund ended up selling a roughly $16 billion stock book to Citadel at a discount.
The thesis, the numbers behind it, and what would break it. Full access is $39 a month.
Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. STZ's fiscal year ends February 28, while TGT's ends February 1. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 13 matched transaction rows for STZ and 13 matched transaction rows for TGT. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
STZ primary filings
TGT primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
STZ vs TGT FAQs
Are STZ and TGT direct competitors?
Not necessarily. Constellation Brands files as Beverages and Target as Retail-Variety Stores. The pair is compared because both map to the Tariffs & trade research theme, not because the filings show head-to-head competition.
Is STZ or TGT the bigger company by revenue?
Target (TGT) is the larger business by reported revenue: $104.8B in its fiscal year ended Jan 2026, about 11× STZ's $9.1B (fiscal year ended Feb 2026). STZ's net margin was 18.5% and TGT's 3.5%. The SEC classifies them differently (Beverages; Retail-Variety Stores); what connects them is shared exposure to the Tariffs & trade research theme, not a common industry. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, STZ or TGT?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this STZ vs TGT comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Constellation Brands, Inc. and Target Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
STZ vs TGT compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
Members-only research
$39/mo or $249/yr · cancel future renewals anytime · sources included