All companies · US · fiscal 2026
Constellation Brands
293times · chief executive pay ÷ median employee pay verified
It would take Constellation Brands's median employee 293 years to earn what its chief executive earned in one. That is below the 312 to 1 average across the S&P 500 in 2025.
Show the evidence
- Source
- Constellation Brands, SEC Form DEF 14A, filed June 2026 — open the filing
- Chief executive total compensation verified
- $14,209,126 — Bill Newlands, as reported in the Summary Compensation Table
- Median employee total compensation verified
- $48,558 — median of 8,292 employees, all types
- Ratio verified
- $14,209,126 ÷ $48,558 = 293. This ratio is disclosed by the company itself in the filing.
- Retrieved
- 2026-09-07
- Methodology caution
- SEC rules let each company choose how it identifies its median employee — whether part-time and seasonal pay is annualized, which countries are included. Ratios are exact within a company and approximate between companies. Full methodology.
The numbers
What 20 to 1 would look like proposal
This is a Rebecca Ledger model, not a prediction and not something the company has said or done. It caps chief-executive pay at twenty times this company's own median employee, and changes nothing else.
| Chief executive today verified | $14,209,126 |
|---|---|
| Under a 20× cap proposal | $971,160 (20 × $48,558) |
| Difference calculated | $13,237,966 |
| What the difference equals calculated | about 273 more employees paid at this company's own median |
The arithmetic is the whole model: one year of the difference, divided by one median salary. It assumes nothing about taxes, share price, or whether the company would do it. It is meant to make a large number legible, not to predict a decision.
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