STZ vs. SAM

Last updated Apr 1, 2026

Compare and contrast key facts about Constellation Brands, Inc. (STZ) and The Boston Beer Company, Inc. (SAM).

Performance

STZ vs. SAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Constellation Brands, Inc. (STZ) and The Boston Beer Company, Inc. (SAM). The values are adjusted to include any dividend payments, if applicable.

STZ vs. SAM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STZ Constellation Brands, Inc.	9.43%	-35.99%	-7.11%	5.83%	-6.43%	16.12%	17.41%	19.85%	-28.73%	50.69%
SAM The Boston Beer Company, Inc.	18.08%	-34.95%	-13.20%	4.88%	-34.76%	-49.20%	163.14%	56.89%	26.03%	12.51%

Fundamentals

Market Cap STZ : $26.19B SAM : $2.44B
EPS STZ : $6.30 SAM : $10.01
PE Ratio STZ : 23.82 SAM : 23.01
PEG Ratio STZ : 1.81 SAM : 0.20
PS Ratio STZ : 2.82 SAM : 1.20
PB Ratio STZ : 3.27 SAM : 2.89
Total Revenue (TTM) STZ : $9.38B SAM : $2.09B
Gross Profit (TTM) STZ : $4.88B SAM : $952.58M
EBITDA (TTM) STZ : $2.35B SAM : $219.69M

Returns By Period

In the year-to-date period, STZ achieves a 9.43% return, which is significantly lower than SAM's 18.08% return. Over the past 10 years, STZ has underperformed SAM with an annualized return of 1.35%, while SAM has yielded a comparatively higher 2.32% annualized return.

STZ

• 1D: -0.66%
• 1M: -4.98%
• YTD: 9.43%
• 6M: 12.99%
• 1Y: -16.14%
• 3Y*: -11.04%
• 5Y*: -6.58%
• 10Y*: 1.35%

SAM

• 1D: 0.25%
• 1M: 1.60%
• YTD: 18.08%
• 6M: 8.98%
• 1Y: -3.53%
• 3Y*: -11.17%
• 5Y*: -27.93%
• 10Y*: 2.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

STZ vs. SAM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STZ

STZ Risk / Return Rank: 22
STZ Sharpe Ratio Rank: 17
STZ Sortino Ratio Rank: 17
STZ Omega Ratio Rank: 18
STZ Calmar Ratio Rank: 27
STZ Martin Ratio Rank: 30

SAM

SAM Risk / Return Rank: 35
SAM Sharpe Ratio Rank: 37
SAM Sortino Ratio Rank: 32
SAM Omega Ratio Rank: 32
SAM Calmar Ratio Rank: 38
SAM Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STZ vs. SAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Constellation Brands, Inc. (STZ) and The Boston Beer Company, Inc. (SAM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	STZ	SAM	Difference
Sharpe ratio Return per unit of total volatility	-0.57	-0.10	-0.46
Sortino ratio Return per unit of downside risk	-0.66	0.09	-0.76
Omega ratio Gain probability vs. loss probability	0.92	1.01	-0.09
Calmar ratio Return relative to maximum drawdown	-0.48	-0.15	-0.33
Martin ratio Return relative to average drawdown	-0.78	-0.26	-0.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STZ vs. SAM - Sharpe Ratio Comparison

The current STZ Sharpe Ratio is -0.57, which is lower than the SAM Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of STZ and SAM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	STZ	SAM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	-0.10	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	-0.71	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.06	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.19	+0.27

Correlation

The correlation between STZ and SAM is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

STZ vs. SAM - Dividend Comparison

STZ's dividend yield for the trailing twelve months is around 2.72%, while SAM has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STZ Constellation Brands, Inc.	2.72%	2.95%	1.77%	1.44%	1.36%	1.21%	1.37%	1.58%	1.70%	0.86%	0.98%	0.65%
SAM The Boston Beer Company, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

STZ vs. SAM - Drawdown Comparison

The maximum STZ drawdown since its inception was -67.39%, smaller than the maximum SAM drawdown of -85.68%. Use the drawdown chart below to compare losses from any high point for STZ and SAM.

Drawdown Indicators

	STZ	SAM	Difference
Max Drawdown Largest peak-to-trough decline	-67.39%	-85.68%	+18.29%
Max Drawdown (1Y) Largest decline over 1 year	-33.85%	-25.10%	-8.75%
Max Drawdown (5Y) Largest decline over 5 years	-51.28%	-85.68%	+34.40%
Max Drawdown (10Y) Largest decline over 10 years	-53.53%	-85.68%	+32.15%
Current Drawdown Current decline from peak	-42.38%	-82.36%	+39.98%
Average Drawdown Average peak-to-trough decline	-16.45%	-40.44%	+23.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.79%	14.15%	+6.64%

Volatility

STZ vs. SAM - Volatility Comparison

The current volatility for Constellation Brands, Inc. (STZ) is 5.69%, while The Boston Beer Company, Inc. (SAM) has a volatility of 9.18%. This indicates that STZ experiences smaller price fluctuations and is considered to be less risky than SAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STZ	SAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	9.18%	-3.49%
Volatility (6M) Calculated over the trailing 6-month period	20.40%	25.11%	-4.71%
Volatility (1Y) Calculated over the trailing 1-year period	28.66%	34.21%	-5.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.86%	39.59%	-15.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.69%	40.54%	-13.85%

Financials

STZ vs. SAM - Profitability Comparison

The chart below illustrates the profitability comparison between Constellation Brands, Inc. and The Boston Beer Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

STZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Constellation Brands, Inc. reported a gross profit of 1.18B and revenue of 2.22B. Therefore, the gross margin over that period was 53.2%.

SAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Boston Beer Company, Inc. reported a gross profit of 167.68M and revenue of 507.94M. Therefore, the gross margin over that period was 33.0%.

STZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Constellation Brands, Inc. reported an operating income of 692.00M and revenue of 2.22B, resulting in an operating margin of 31.1%.

SAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Boston Beer Company, Inc. reported an operating income of -34.43M and revenue of 507.94M, resulting in an operating margin of -6.8%.

STZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Constellation Brands, Inc. reported a net income of 502.80M and revenue of 2.22B, resulting in a net margin of 22.6%.

SAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Boston Beer Company, Inc. reported a net income of -22.53M and revenue of 507.94M, resulting in a net margin of -4.4%.