DEO vs. STZ: Diageo vs. Constellation Brands Stock Comparison

November 11, 2026

How do Diageo (DEO) and Constellation Brands (STZ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Diageo (DEO) and Constellation Brands (STZ) are both classified in the Distillers & Vintners sub-industry within the broader Beverages industry, placing them in the closest GICS peer bucket.

Constellation Brands (STZ) trades as ordinary local shares, while Diageo (DEO) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Diageo (DEO) and Constellation Brands (STZ)
Profile Item	DEO	STZ
Name	Diageo plc Sponsored ADR	Constellation Brands Inc. Class A
Country/Region	United Kingdom	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco	Food, Beverage & Tobacco
GICS Industry	Beverages	Beverages
GICS Sub-Industry	Distillers & Vintners	Distillers & Vintners
Market Capitalization	55.56 billion USD	24.02 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 14, 1991	March 17, 1992
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

DEO

STZ

GSPC

Diageo (DEO) vs. Constellation Brands (STZ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Diageo (DEO) and Constellation Brands (STZ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Diageo (DEO) and Constellation Brands (STZ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Total Return (1Y)	13.51%	17.39%
Total Return (3Y, Annualized)	-11.57%	-13.22%
Total Return (5Y, Annualized)	-10.73%	-6.25%

Risk Profile

Drawdown History

DEO

STZ

GSPC

Diageo (DEO) vs. Constellation Brands (STZ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Diageo (DEO) and Constellation Brands (STZ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Volatility (1Y, Annualized)	33.21%	32.11%
Beta (5Y)	0.52	0.37
Max Drawdown (5Y)	-63.41%	-56.05%
Avg. Volume (3M)	1.07M	2.28M

Risk-Adjusted Performance

Risk-Return Positioning

DEO and STZ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Sharpe Ratio (1Y)	0.28	0.41
Sortino Ratio (1Y)	0.38	0.61

Profitability

ROE (TTM)

Constellation Brands (STZ) at 24.02% sits in the top ROE quartile, while Diageo (DEO) at 14.99% is closer to the peer norm — stronger capital efficiency for STZ.

DEO

Food, Beverage & Tobacco industry group

14.99%

Max: 32.02%
Q3: 16.61%
DEO: 14.99%
Median: 10.05%
Q1: 4.10%
Min: -10.50%

STZ

Food, Beverage & Tobacco industry group

24.02%

Max: 32.02%
STZ: 24.02%
Q3: 16.61%
Median: 10.05%
Q1: 4.10%
Min: -10.50%

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their ROE against the Food, Beverage & Tobacco industry group benchmark.

Net Margin (TTM)

Constellation Brands (STZ) at 20.90% retains a top-quartile share of revenue as profit, ahead of Diageo (DEO) at 8.84%, which keeps about the industry-typical share.

DEO

Food, Beverage & Tobacco industry group

8.84%

Max: 24.83%
Q3: 11.22%
DEO: 8.84%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

STZ

Food, Beverage & Tobacco industry group

20.90%

Max: 24.83%
STZ: 20.90%
Q3: 11.22%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Diageo (DEO) at 27.04% and Constellation Brands (STZ) at 33.58% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

DEO

Food, Beverage & Tobacco industry group

27.04%

Max: 34.91%
DEO: 27.04%
Q3: 17.57%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

STZ

Food, Beverage & Tobacco industry group

33.58%

Max: 34.91%
STZ: 33.58%
Q3: 17.57%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
ROE (TTM)	14.99%	24.02%
ROA (TTM)	7.48%	8.68%
Net Margin (TTM)	8.84%	20.90%
Operating Margin (TTM)	27.04%	33.58%
Gross Margin (TTM)	59.82%	52.77%

Growth

Revenue Growth

Both Diageo (DEO) at -2.97% and Constellation Brands (STZ) at -10.48% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Diageo (DEO) reports EPS growth of -26.30%, ranked against its industry; Constellation Brands (STZ) has no EPS growth figure this period.

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Revenue Growth (YoY)	-2.97%	-10.48%
Revenue Growth (3Y CAGR)	-1.50%	-1.12%
EPS Growth (YoY)	-26.30%	--
EPS Growth (3Y CAGR)	-27.84%	--

Financial Strength

Current Ratio (MRQ)

Diageo (DEO) at 1.60 keeps current ratio within its industry’s typical mid-range, while Constellation Brands (STZ) at 1.00 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for STZ.

DEO

Food, Beverage & Tobacco industry group

1.60

Max: 4.01
Q3: 2.35
DEO: 1.60
Median: 1.53
Q1: 1.02
Min: 0.33

STZ

Food, Beverage & Tobacco industry group

1.00

Max: 4.01
Q3: 2.35
Median: 1.53
Q1: 1.02
STZ: 1.00
Min: 0.33

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Both Diageo (DEO) at 1.71 and Constellation Brands (STZ) at 1.16 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

DEO

Food, Beverage & Tobacco industry group

1.71

Max: 2.19
DEO: 1.71
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00

STZ

Food, Beverage & Tobacco industry group

1.16

Max: 2.19
STZ: 1.16
Q3: 1.11
Median: 0.68
Q1: 0.33
Min: 0.00

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Current Ratio (MRQ)	1.60	1.00
Debt / Equity (MRQ)	1.71	1.16
Net Debt / EBITDA	3.18	2.98

Dividends

Dividend Yield (TTM)

Both Diageo (DEO) at 0.50% and Constellation Brands (STZ) at 2.84% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

DEO

Food, Beverage & Tobacco industry group

0.50%

Max: 9.38%
Q3: 3.77%
Median: 1.76%
DEO: 0.50%
Q1: 0.00%
Min: 0.00%

STZ

Food, Beverage & Tobacco industry group

2.84%

Max: 9.38%
Q3: 3.77%
STZ: 2.84%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Diageo (DEO) reports payout ratio above 100% at 106.52%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Constellation Brands (STZ) reports 36.71%, ranking against industry peers normally.

DEO

Food, Beverage & Tobacco industry group

106.52%

Max: 199.19%
DEO: 106.52%
Q3: 81.03%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

STZ

Food, Beverage & Tobacco industry group

36.71%

Max: 199.19%
Q3: 81.03%
Median: 41.52%
STZ: 36.71%
Q1: 0.00%
Min: 0.00%

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
Dividend Yield (TTM)	0.50%	2.84%
Dividend Payout Ratio (TTM)	106.52%	36.71%

Valuation

P/E Ratio (TTM)

Constellation Brands (STZ) at 12.71 sits in the cheaper P/E ratio quartile, while Diageo (DEO) at 31.97 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

DEO

Food, Beverage & Tobacco industry group

31.97

Max: 52.52
DEO: 31.97
Q3: 30.78
Median: 18.76
Q1: 12.77
Min: 4.72

STZ

Food, Beverage & Tobacco industry group

12.71

Max: 52.52
Q3: 30.78
Median: 18.76
Q1: 12.77
STZ: 12.71
Min: 4.72

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Both Diageo (DEO) at 2.83 and Constellation Brands (STZ) at 2.61 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

DEO

Food, Beverage & Tobacco industry group

2.83

Max: 4.64
DEO: 2.83
Q3: 2.27
Median: 1.17
Q1: 0.52
Min: 0.00

STZ

Food, Beverage & Tobacco industry group

2.61

Max: 4.64
STZ: 2.61
Q3: 2.27
Median: 1.17
Q1: 0.52
Min: 0.00

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Constellation Brands (STZ) at 2.81 sits near its industry’s typical P/B ratio, while Diageo (DEO) at 91.95 prices above its benchmark range — DEO looks rich relative to book.

DEO

Food, Beverage & Tobacco industry group

91.95

DEO: 91.95
Max: 6.35
Q3: 3.07
Median: 1.58
Q1: 0.82
Min: 0.00

STZ

Food, Beverage & Tobacco industry group

2.81

Max: 6.35
Q3: 3.07
STZ: 2.81
Median: 1.58
Q1: 0.82
Min: 0.00

Diageo (DEO) vs. Constellation Brands (STZ): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Diageo (DEO) and Constellation Brands (STZ)
Metric	DEO	STZ
P/E Ratio (TTM)	31.97	12.71
P/S Ratio (TTM)	2.83	2.61
P/B Ratio (MRQ)	91.95	2.81
Free Cash Flow Yield (TTM)	4.62%	4.66%