• Constellation Brands Inc average return on tangible equity for 2023 was -44.05, a 386.6% increase from 2022.
• Constellation Brands Inc average return on tangible equity for 2022 was 15.37, a 63.26% decline from 2021.
• Constellation Brands Inc average return on tangible equity for 2021 was 41.84, a 7.52% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.