Fiscal period | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Period End Date | 2/28/2025 | 2/29/2024 | 2/28/2023 | 2/28/2022 | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | 2/29/2016 |
Sales | 10,956.90 | 10,711.00 | 10,177.20 | 9,529.10 | 9,355.70 | 9,113.00 | 8,884.30 | 8,326.80 | 8,061.60 | 7,223.80 |
Gross Sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Less - excise taxes | 748.20 | 749.20 | 724.60 | 708.40 | 740.80 | 769.50 | 768.30 | 741.80 | 730.10 | 675.40 |
Total Revenues | 10,208.70 | 9,961.80 | 9,452.60 | 8,820.70 | 8,614.90 | 8,343.50 | 8,116.00 | 7,585.00 | 7,331.50 | 6,548.40 |
Cost of product sold | 4,894.10 | 4,944.30 | 4,683.60 | 4,113.40 | 4,148.90 | 4,191.60 | 4,035.70 | 3,767.80 | 3,802.10 | 3,606.10 |
Gross Profit | 5,314.60 | 5,017.50 | 4,769.00 | 4,707.30 | 4,466.00 | 4,151.90 | 4,080.30 | 3,817.20 | 3,529.40 | 2,942.30 |
Impairment of goodwill and intangible assets | 2,797.70 | -- | -- | -- | 24.00 | -- | -- | -- | -- | -- |
Selling, general and administrative expenses | 1,950.00 | 1,847.80 | 1,926.10 | 1,711.40 | 1,665.10 | 1,621.80 | 1,668.10 | 1,532.70 | 1,392.40 | 1,177.20 |
ACQUISITION-RELATED INTEGRATION COSTS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Restructuring charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Impairment of intangible assets | -- | -- | -- | -- | -- | (449.70) | -- | -- | -- | -- |
Gain on sale of business | 266.00 | -- | -- | 1.70 | 14.20 | 74.10 | -- | -- | 262.40 | -- |
Gain on remeasurement to fair value of equity method investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Assets held for sale impairment | (478.00) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Impairment of brewery construction in progress | -- | -- | -- | (665.90) | -- | -- | -- | -- | -- | -- |
Operating Income (Loss) | 354.90 | 3,169.70 | 2,842.90 | 2,331.70 | 2,791.10 | 2,154.50 | 2,412.20 | 2,284.50 | 2,399.40 | 1,765.10 |
Interest expense, net | 411.40 | 435.40 | 398.70 | 356.40 | 385.70 | 428.70 | 367.10 | 332.00 | 333.30 | 313.90 |
GAIN ON CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Equity in earnings of joint venture | (26.30) | (511.80) | (2,036.40) | (1,635.50) | 150.30 | (2,668.60) | 2,101.60 | 487.20 | 27.30 | 51.10 |
LOSS ON WRITE-OFF OF FINANCING COSTS | -- | -- | -- | -- | -- | -- | -- | -- | -- | (1.10) |
Loss on extinguishment of debt | -- | (0.70) | (24.20) | (29.40) | (12.80) | (2.40) | (1.70) | (97.00) | -- | -- |
Income (loss) before income taxes | (82.80) | 2,221.80 | 383.60 | 310.40 | 2,542.90 | (945.20) | 4,145.00 | 2,342.70 | 2,093.40 | 1,501.20 |
Current-State | -- | -- | -- | -- | -- | -- | 15.70 | 20.40 | 28.50 | 19.90 |
Current- Foreign | -- | -- | -- | -- | -- | -- | 239.20 | 158.40 | 126.20 | 43.50 |
Deferred- Foreign | -- | -- | -- | -- | -- | -- | 128.00 | 58.30 | 7.80 | 3.00 |
Deferred:Federal | -- | -- | -- | -- | -- | -- | 223.90 | (486.80) | 113.40 | 232.40 |
Deferred:State | -- | -- | -- | -- | -- | -- | 75.00 | 0.40 | 7.50 | 15.60 |
Provision for income taxes | (51.70) | 456.60 | 422.10 | 309.40 | 511.10 | (966.60) | 685.90 | 11.90 | 554.20 | 440.60 |
Current-Federal | -- | -- | -- | -- | -- | -- | 4.10 | 261.20 | 270.80 | 126.20 |
Income before extraordinary item | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary item, net of income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | (31.10) | 1,765.20 | (38.50) | 1.00 | 2,031.80 | 21.40 | 3,459.10 | 2,330.80 | 1,539.20 | 1,060.60 |
Net loss (income) attributable to noncontrolling interests | 50.30 | 37.80 | 32.50 | 41.40 | 33.80 | 33.20 | 23.20 | 11.90 | 4.10 | 5.70 |
Dividends on preferred stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income (Loss) Available to Common Shareholders | (81.40) | 1,727.40 | (71.00) | (40.40) | 1,998.00 | (11.80) | 3,435.90 | 2,318.90 | 1,535.10 | 1,054.90 |
Income before extraordinary item | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary item, net of income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per common share (Basic) | (0.45) | 9.42 | (0.37) | (0.21) | 10.32 | (0.07) | 18.03 | 11.90 | 7.70 | 5.36 |
Basic - Class B Common Stock | -- | -- | (2.02) | (0.20) | 9.48 | (0.07) | 16.57 | 12.04 | 7.07 | 4.92 |
Basic - Class A Common Stock | (0.45) | 9.42 | (0.11) | (0.22) | 10.44 | (0.07) | 18.24 | 10.93 | 7.79 | 5.42 |
Income before extraordinary item | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary item, net of income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per common share (Diluted) | (0.45) | 9.39 | (0.37) | (0.21) | 9.14 | (0.07) | 15.70 | 10.35 | 6.75 | 4.64 |
Diluted - Class A Common Stock | (0.45) | 9.39 | (0.11) | (0.22) | 10.23 | (0.07) | 17.57 | 11.55 | 7.52 | 5.18 |
Diluted - Class B Common Stock | -- | -- | (2.02) | (0.20) | 9.42 | (0.07) | 16.21 | 10.66 | 6.93 | 4.79 |
Weighted average Ordonary Common shares outstanding (Basic) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Weighted Average Shares Outstanding-Basic - Class A Common Stock | 181.48 | 183.31 | 169.34 | 167.43 | 170.24 | 168.33 | 167.25 | 171.46 | 175.93 | 173.38 |
Weighted Average Shares Outstanding-Basic - Class B Common Stock | -- | -- | 23.21 | 23.23 | 23.28 | 23.31 | 23.32 | 23.34 | 23.35 | 23.36 |
Weighted Average Shares Outstanding (Diluted) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Weighted Average Shares Outstanding-Diluted - Class A Common Stock | 181.48 | 183.96 | 169.34 | 167.43 | 195.31 | 168.33 | 195.53 | 200.75 | 204.10 | 203.82 |
Weighted Average Shares Outstanding-Diluted - Class B Common Stock | -- | -- | 23.21 | 23.23 | 23.28 | 23.31 | 23.32 | 23.34 | 23.35 | 23.36 |