• Constellation Brands Inc average debt/equity ratio for 2023 was 1.17, a 15.84% decline from 2022.
• Constellation Brands Inc average debt/equity ratio for 2022 was 1.01, a 23.17% increase from 2021.
• Constellation Brands Inc average debt/equity ratio for 2021 was 0.82, a 8.89% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.