The Boston Beer Company, Inc.(SAM)Earnings, Financials & Key Ratios

SAM•NYSE

$206.25

$2.21B mkt cap·20.9× P/E·Price updated May 6, 2026

SectorConsumer Defensive IndustryAlcoholic Beverages Sub-IndustryBeer Brewers and Bottlers

AboutThe Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.Show more

Revenue$2.09B+3.7%
EBITDA$235M+38.5%
Net Income$108M+81.7%
EPS (Diluted)9.89+95.5%
Gross Margin45.64%+2.8%
EBITDA Margin11.27%+33.5%
Operating Margin6.94%+83.9%
Net Margin5.2%+75.2%
ROE12.31%+105.6%
ROIC15.48%+113.0%
Debt/Equity0.04+5.7%

Technical→

SAM Key Insights

The Boston Beer Company, Inc. (SAM) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 10.0% through buybacks
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

✗Profits declining 10.8% over 5 years

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SAM Price & Volume

The Boston Beer Company, Inc. (SAM) stock price & volume — 10-year historical chart

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SAM Growth Metrics

The Boston Beer Company, Inc. (SAM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.08%

5 Years3.75%

3 Years-0.05%

TTM2.66%

Profit CAGR

10 Years0.98%

5 Years-10.79%

3 Years17.27%

TTM-185.59%

EPS CAGR

10 Years3.15%

5 Years-8.63%

3 Years22.05%

TTM-204.13%

Return on Capital

10 Years15.92%

5 Years7.66%

3 Years9.96%

Last Year14.79%

SAM Recent Earnings

The Boston Beer Company, Inc. (SAM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)

Q2 2026Latest

Apr 30, 2026

EPS

$1.64

Est $1.96

-16.3%

Revenue

$434M

Est $436M

-0.5%

Q1 2026

Feb 24, 2026

EPS

$2.12

Est $2.33

+9.0%

Revenue

$386M

Est $382M

+1.1%

Q4 2025

Oct 23, 2025

EPS

$4.25

Est $3.78

+12.4%

Revenue

$537M

Est $383M

+40.5%

Q3 2025

Jul 24, 2025

EPS

$5.45

Est $4.37

+24.7%

Revenue

$625M

Est $585M

+7.0%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 30, 2026	$1.64vs $1.96-16.3%	$434Mvs $436M-0.5%
Q1 2026	Feb 24, 2026	$2.12vs $2.33+9.0%	$386Mvs $382M+1.1%
Q4 2025	Oct 23, 2025	$4.25vs $3.78+12.4%	$537Mvs $383M+40.5%
Q3 2025	Jul 24, 2025	$5.45vs $4.37+24.7%	$625Mvs $585M+7.0%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
TAPMolson Coors Beverage CompanyDirect Competitor	7.92B	42.19	-3.89	-4.18%	-18.85%	-18.64%	13.48%	0.60
BUDAnheuser-Busch InBev SA/NVDirect Competitor	138.3B	80.37	28.10	0.65%	10.49%	13.75%	8.09%	0.81
STZConstellation Brands, Inc.Product Competitor	25.97B	149.80	-332.89	2.47%	11.83%	13.87%	7.46%	1.70
MGPIMGP Ingredients, Inc.Product Competitor	427M	19.98	-4.00	-23.77%	-45.97%	-32.05%	17.81%	0.37
WVVIWillamette Valley Vineyards, Inc.Product Competitor	14.6M	2.94	-4.59	-100%	-3.31%	-1.81%		0.23
CCKCrown Holdings, Inc.Supply Chain	11.07B	98.66	15.46	4.78%	5.96%	21.8%	9.92%	1.77
BALLBall CorporationSupply Chain	15.2B	57.11	17.31	11.55%	6.87%	16.06%	5.18%	1.29
SEESealed Air CorporationSupply Chain	6.21B	42.15	12.29	-0.61%	9.43%	48.39%	7.39%	3.31

Compare SAM vs Peers

The Boston Beer Company, Inc. (SAM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TAP

Most directly comparable listed peer for SAM.

Scale Benchmark

vs KO

Larger-name benchmark to compare SAM against a more recognizable public peer.

Peer Set

Compare Top 5

vs TAP, BUD, STZ, MGPI

SAM Income Statement

The Boston Beer Company, Inc. (SAM) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	862.99M	995.65M	1.25B	1.74B	2.06B	2.09B	2.01B	2.01B	2.09B	2.09B
Revenue Growth %	-4.79%	15.37%	25.53%	38.93%	18.5%	1.59%	-3.91%	0.21%	3.69%	2.66%
Cost of Goods Sold	413.09M	483.41M	635.66M	921.98M	1.26B	1.23B	1.16B	1.12B	1.13B	1.15B
COGS % of Revenue	47.87%	48.55%	50.86%	53.1%	61.23%	58.76%	57.56%	55.6%	54.36%	-
Gross Profit	449.9M▲ 0%	512.24M▲ 13.9%	614.17M▲ 19.9%	814.45M▲ 32.6%	797.79M▼ 2.0%	861.99M▲ 8.0%	852.37M▼ 1.1%	893.73M▲ 4.9%	952.58M▲ 6.6%	947.28M▲ 0%
Gross Margin %	52.13%	51.45%	49.14%	46.9%	38.77%	41.24%	42.44%	44.4%	45.64%	45.22%
Gross Profit Growth %	-2.13%	13.86%	19.9%	32.61%	-2.05%	8.05%	-1.12%	4.85%	6.58%	-
Operating Expenses	334.23M	396.36M	469.25M	570.25M	789.79M	771.19M	752.37M	817.76M	807.7M	814.59M
OpEx % of Revenue	38.73%	39.81%	37.55%	32.84%	38.38%	36.89%	37.46%	40.63%	38.7%	-
Selling, General & Admin	331.77M	395.71M	468.34M	565.78M	740.62M	735.93M	730.55M	741.94M	800.74M	807.64M
SG&A % of Revenue	38.44%	39.74%	37.47%	32.58%	35.99%	35.21%	36.37%	36.86%	38.36%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	2.45M	652K	911K	4.47M	49.18M	35.26M	21.82M	75.82M	6.96M	2M
Operating Income	115.67M▲ 0%	115.88M▲ 0.2%	144.91M▲ 25.1%	244.21M▲ 68.5%	8M▼ 96.7%	90.79M▲ 1035.3%	100M▲ 10.1%	75.97M▼ 24.0%	144.88M▲ 90.7%	-79.35M▲ 0%
Operating Margin %	13.4%	11.64%	11.59%	14.06%	0.39%	4.34%	4.98%	3.77%	6.94%	-3.79%
Operating Income Growth %	-15.97%	0.18%	25.05%	68.52%	-96.73%	1035.31%	10.14%	-24.03%	90.7%	-
EBITDA	166.93M	167.85M	201.18M	309.86M	80.09M	172.15M	188.14M	169.97M	235.32M	14.19M
EBITDA Margin %	19.34%	16.86%	16.1%	17.84%	3.89%	8.24%	9.37%	8.44%	11.27%	0.68%
EBITDA Growth %	-10.84%	0.55%	19.86%	54.02%	-74.15%	114.93%	9.29%	-9.66%	38.45%	-92.44%
D&A (Non-Cash Add-back)	51.26M	51.97M	56.27M	65.66M	72.1M	81.36M	88.14M	93.99M	90.44M	93.54M
EBIT	118.13M	116.53M	145.82M	248.67M	57.17M	126.05M	121.82M	151.79M	153.46M	120.62M
Net Interest Income	549K	1.29M	647K	-199K	-110K	2.56M	10.99M	13.25M	0	4.99M
Interest Income	549K	1.29M	647K	0	0	2.56M	10.99M	13.25M	0	4.99M
Interest Expense	0	0	0	199K	110K	0	0	0	0	0
Other Income/Expense	467K	405K	-542K	23K	-1.09M	645K	9.59M	11.63M	8.58M	8.04M
Pretax Income	116.14M▲ 0%	116.29M▲ 0.1%	144.37M▲ 24.2%	244.23M▲ 69.2%	6.91M▼ 97.2%	91.44M▲ 1223.4%	109.59M▲ 19.9%	87.6M▼ 20.1%	153.46M▲ 75.2%	-71.31M▲ 0%
Pretax Margin %	13.46%	11.68%	11.55%	14.06%	0.34%	4.37%	5.46%	4.35%	7.35%	-3.4%
Income Tax	17.09M	23.62M	34.33M	52.27M	-7.64M	24.17M	33.34M	27.91M	44.99M	-10.11M
Effective Tax Rate %	14.72%	20.31%	23.78%	21.4%	-110.64%	26.44%	30.42%	31.86%	29.32%	14.17%
Net Income	99.05M▲ 0%	92.66M▼ 6.4%	110.04M▲ 18.8%	191.96M▲ 74.4%	14.55M▼ 92.4%	67.26M▲ 362.2%	76.25M▲ 13.4%	59.7M▼ 21.7%	108.47M▲ 81.7%	-61.2M▲ 0%
Net Margin %	11.48%	9.31%	8.8%	11.05%	0.71%	3.22%	3.8%	2.97%	5.2%	-2.92%
Net Income Growth %	13.39%	-6.45%	18.75%	74.44%	-92.42%	362.19%	13.36%	-21.71%	81.71%	-185.59%
Net Income (Continuing)	99.05M	92.66M	110.04M	191.96M	14.55M	67.26M	76.25M	59.7M	108.47M	-61.2M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	8.09▲ 0%	7.90▼ 2.3%	9.16▲ 15.9%	15.53▲ 69.5%	1.17▼ 92.5%	5.44▲ 365.0%	6.22▲ 14.3%	5.06▼ 18.6%	9.89▲ 95.5%	-5.85▲ 0%
EPS Growth %	19.15%	-2.35%	15.95%	69.54%	-92.47%	364.96%	14.34%	-18.65%	95.45%	-204.13%
EPS (Basic)	8.18	7.97	9.26	15.83	1.19	5.46	6.23	5.07	9.90	-
Diluted Shares Outstanding	12.18M	11.73M	11.91M	12.28M	12.44M	12.35M	12.26M	11.77M	10.6M	10.47M
Basic Shares Outstanding	12.04M	11.62M	11.89M	12.13M	12.28M	12.32M	12.24M	11.77M	10.62M	10.47M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

SAM Balance Sheet

The Boston Beer Company, Inc. (SAM) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	168.35M	231.57M	218.65M	413.17M	345.34M	423.27M	503.51M	417.29M	417.58M	417.28M
Cash & Short-Term Investments	65.64M	108.4M	36.67M	163.28M	26.85M	180.56M	298.49M	211.82M	223.38M	164.12M
Cash Only	65.64M	108.4M	36.67M	163.28M	26.85M	180.56M	298.49M	211.82M	223.38M	164.12M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	43.02M	41.97M	65.04M	88.75M	108.44M	66.8M	68.71M	68.1M	57.09M	86.94M
Days Sales Outstanding	18.19	15.38	18.99	18.66	19.24	11.66	12.49	12.35	9.98	13.99
Inventory	50.65M	70.25M	106.04M	130.91M	149.12M	148.45M	115.77M	117.16M	92.53M	118.95M
Days Inventory Outstanding	44.75	53.04	60.89	51.83	43.2	44.11	36.55	38.21	29.77	35.58
Other Current Assets	13.93M	11.68M	1.89M	5.84M	40.95M	3.78M	4.66M	2.92M	44.58M	47.27M
Total Non-Current Assets	401.28M	408.28M	729.87M	995.06M	1.04B	997.5M	926.48M	832.73M	776.02M	753.77M
Property, Plant & Equipment	384.28M	389.79M	594.83M	681.57M	717.59M	711.68M	678.07M	644.08M	608.35M	591.24M
Fixed Asset Turnover	2.25x	2.55x	2.10x	2.55x	2.87x	2.94x	2.96x	3.13x	3.43x	3.44x
Goodwill	3.68M	3.68M	112.53M	112.53M	112.53M	112.53M	112.53M	112.53M	112.53M	112.53M
Intangible Assets	2M	2.1M	104.27M	103.93M	103.68M	76.32M	59.64M	16.45M	14.75M	14.33M
Long-Term Investments	-34.82M	-49.17M	213K	0	0	0	0	16.74M	0	21.87M
Other Non-Current Assets	13.31M	14.81M	23.57M	67.63M	107.65M	96.97M	76.24M	42.94M	40.38M	145.11M
Total Assets	569.62M▲ 0%	639.85M▲ 12.3%	948.51M▲ 48.2%	1.41B▲ 48.5%	1.39B▼ 1.5%	1.42B▲ 2.5%	1.43B▲ 0.6%	1.25B▼ 12.6%	1.19B▼ 4.5%	1.17B▲ 0%
Asset Turnover	1.52x	1.56x	1.32x	1.23x	1.48x	1.47x	1.40x	1.61x	1.75x	1.72x
Asset Growth %	-8.61%	12.33%	48.24%	48.47%	-1.52%	2.45%	0.65%	-12.59%	-4.51%	-31.54%
Total Current Liabilities	101.76M	120.51M	180.65M	259.42M	255.11M	204.27M	223.29M	231.63M	252.53M	448.57M
Accounts Payable	38.14M	47.1M	76.37M	121.65M	85.92M	84.25M	87.25M	87.28M	94.97M	100.21M
Days Payables Outstanding	33.7	35.56	43.85	48.16	24.89	25.03	27.54	28.46	30.55	32.6
Short-Term Debt	0	0	5.17M	9.69M	0	0	0	0	12.76M	11.55M
Deferred Revenue (Current)	5.47M	4.59M	6.98M	13.52M	8.05M	6.84M	8.89M	11.3M	0	36.7M
Other Current Liabilities	16.27M	39.84M	56.73M	63.63M	60.94M	31.45M	68.59M	53.53M	144.8M	336.81M
Current Ratio	1.65x	1.92x	1.21x	1.59x	1.35x	2.07x	2.25x	1.80x	1.65x	1.65x
Quick Ratio	1.16x	1.34x	0.62x	1.09x	0.77x	1.35x	1.74x	1.30x	1.29x	1.29x
Cash Conversion Cycle	29.25	32.86	36.03	22.32	37.55	30.74	21.49	22.09	9.2	16.97
Total Non-Current Liabilities	44.34M	59.02M	32.23M	191.84M	148.27M	147.96M	128.78M	102.2M	94.78M	39.89M
Long-Term Debt	0	0	0	0	0	0	0	0	25.11M	23.2M
Capital Lease Obligations	0	0	55.98M	61.8M	53.85M	45.27M	36.16M	31.14M	0	31.52M
Deferred Tax Liabilities	34.82M	49.17M	-30.53M	122.07M	87.5M	96.59M	85.72M	65.8M	64.78M	183.63M
Other Non-Current Liabilities	9.52M	9.85M	6.78M	7.97M	6.92M	6.09M	6.89M	5.26M	4.88M	16.94M
Total Liabilities	146.1M	179.53M	212.88M	451.26M	403.38M	352.22M	352.06M	333.83M	347.31M	488.45M
Total Debt	0	0	61.15M	71.49M	61.48M	54.14M	45.27M	38.78M	37.87M	34.74M
Net Debt	-65.64M	-108.4M	24.48M	-91.8M	34.63M	-126.42M	-253.22M	-173.04M	-185.5M	-129.38M
Debt / Equity	-	-	0.08x	0.07x	0.06x	0.05x	0.04x	0.04x	0.04x	0.04x
Debt / EBITDA	-	-	0.30x	0.23x	0.77x	0.31x	0.24x	0.23x	0.16x	2.45x
Net Debt / EBITDA	-0.39x	-0.65x	0.12x	-0.30x	0.43x	-0.73x	-1.35x	-1.02x	-0.79x	-0.79x
Interest Coverage	-	-	-	1249.61x	519.76x	-	-	-	-	-
Total Equity	423.52M▲ 0%	460.32M▲ 8.7%	735.64M▲ 59.8%	956.97M▲ 30.1%	983.41M▲ 2.8%	1.07B▲ 8.7%	1.08B▲ 0.9%	916.19M▼ 15.0%	846.28M▼ 7.6%	682.59M▲ 0%
Equity Growth %	-5.16%	8.69%	59.81%	30.09%	2.76%	8.66%	0.88%	-15%	-7.63%	-54.03%
Book Value per Share	34.77	39.23	61.78	77.91	79.08	86.56	87.94	77.81	79.86	65.21
Total Shareholders' Equity	423.52M	460.32M	735.64M	956.97M	983.41M	1.07B	1.08B	916.19M	846.28M	682.59M
Common Stock	116K	115K	121K	122K	123K	123K	121K	114K	105K	104K
Retained Earnings	52.1M	55.69M	165.4M	357.36M	371.86M	439.12M	421.57M	240.31M	147.74M	-21.37M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-1.29M	-1.2M	-1.67M	-252K	-194K	-210K	-57K	-696K	-380K	-487K
Minority Interest	0	0	0	0	0	0	0	0	0	0

SAM Cash Flow Statement

The Boston Beer Company, Inc. (SAM) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	135.98M	163.45M	178.24M	253.41M	56.3M	199.94M	265.15M	248.89M	270.16M	270.16M
Operating CF Margin %	15.76%	16.42%	14.26%	14.59%	2.74%	9.57%	13.2%	12.36%	12.94%	-
Operating CF Growth %	-11.81%	20.2%	9.05%	42.17%	-77.78%	255.16%	32.61%	-6.13%	8.54%	-1139%
Net Income	99.05M	92.66M	110.04M	191.96M	14.55M	67.26M	76.25M	59.7M	108.47M	-61.2M
Depreciation & Amortization	51.26M	51.97M	56.27M	73.01M	80.11M	81.36M	88.14M	93.99M	93.99M	92.76M
Stock-Based Compensation	6.32M	10.04M	12.34M	0	0	13.99M	16.97M	18.95M	21.75M	22.29M
Deferred Taxes	-22.44M	14.35M	7.4M	17.66M	-5.22M	9.1M	-10.87M	-19.92M	-1.02M	-49.97M
Other Non-Cash Items	3.21M	718K	6.03M	19.6M	36.72M	37.94M	29.72M	57.25M	-62K	236.86M
Working Capital Changes	-1.41M	-6.29M	-13.85M	-48.82M	-69.86M	-9.7M	64.94M	38.92M	47.02M	7.05M
Change in Receivables	2.94M	-1.64M	-12.26M	-24.01M	23.07M	-2.04M	-10.34M	5.55M	4.35M	922K
Change in Inventory	-1.74M	-21.31M	-24.93M	-24.46M	-21.22M	131K	31.5M	6.91M	23.41M	23.2M
Change in Payables	245K	6.35M	21.42M	40.77M	-27.36M	-2.22M	2.76M	2.6M	5.23M	-6.74M
Cash from Investing	-32.93M	-55.34M	-258.83M	-139.12M	-146.62M	-88.51M	-62.38M	-96.25M	-54.52M	-56.96M
Capital Expenditures	-32.99M	-55.51M	-93.23M	-140M	-147.92M	-90.58M	-64.09M	-76.28M	-54.56M	-56.96M
CapEx % of Revenue	3.82%	5.58%	7.46%	8.06%	7.19%	4.33%	3.19%	3.79%	2.61%	-
Acquisitions	25K	27K	-165.52M	487K	1.16M	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	58K	-740K	-79K	392K	145K	2.08M	1.71M	-19.98M	-2.47M	-2.51M
Cash from Financing	-128.45M	-65.34M	8.86M	12.32M	-6.64M	2.8M	-84.84M	-239.31M	-204.08M	-179.16M
Debt Issued (Net)	-60K	-78K	-378K	-1.26M	-1.57M	-1.67M	-1.57M	-1.89M	-1.73M	-1.31M
Equity Issued (Net)	-144.6M	-88.31M	1.17M	15.27M	10.46M	0	-92.88M	-238.61M	-204.87M	-178.46M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-144.6M	-88.31M	0	0	0	0	-92.88M	-238.61M	-204.87M	-178.82M
Other Financing	16.21M	23.05M	8.06M	-1.69M	-15.54M	4.47M	9.61M	1.19M	2.51M	608K
Net Change in Cash	-25.4M▲ 0%	42.76M▲ 268.4%	-71.73M▼ 267.7%	126.61M▲ 276.5%	-96.96M▼ 176.6%	114.24M▲ 217.8%	117.93M▲ 3.2%	-86.67M▼ 173.5%	11.56M▲ 113.3%	11.67M▲ 0%
Free Cash Flow	103M▲ 0%	107.94M▲ 4.8%	85.01M▼ 21.2%	113.41M▲ 33.4%	-91.62M▼ 180.8%	109.36M▲ 219.4%	201.06M▲ 83.9%	172.62M▼ 14.1%	215.59M▲ 24.9%	190.82M▲ 0%
FCF Margin %	11.93%	10.84%	6.8%	6.53%	-4.45%	5.23%	10.01%	8.58%	10.33%	9.11%
FCF Growth %	-1.23%	4.8%	-21.24%	33.41%	-180.79%	219.36%	83.85%	-14.15%	24.9%	3%
FCF per Share	8.46	9.20	7.14	9.23	-7.37	8.86	16.40	14.66	20.34	20.34
FCF Conversion (FCF/Net Income)	1.37x	1.76x	1.62x	1.32x	3.87x	2.97x	3.48x	4.17x	2.49x	-3.12x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	43.01M	11.35M	30.76M	0	0	28.14M	0	0	0	0

SAM Key Ratios

The Boston Beer Company, Inc. (SAM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	22.77%	20.97%	18.4%	22.68%	1.5%	6.56%	7.1%	5.99%	12.31%	-7.3%
Return on Invested Capital (ROIC)	24.3%	24.49%	19.55%	22.54%	0.64%	6.95%	8.49%	7.27%	15.48%	15.48%
Gross Margin	52.13%	51.45%	49.14%	46.9%	38.77%	41.24%	42.44%	44.4%	45.64%	45.22%
Net Margin	11.48%	9.31%	8.8%	11.05%	0.71%	3.22%	3.8%	2.97%	5.2%	-2.92%
Debt / Equity	-	-	0.08x	0.07x	0.06x	0.05x	0.04x	0.04x	0.04x	0.04x
Interest Coverage	-	-	-	1249.61x	519.76x	-	-	-	-	-
FCF Conversion	1.37x	1.76x	1.62x	1.32x	3.87x	2.97x	3.48x	4.17x	2.49x	-3.12x
Revenue Growth	-4.79%	15.37%	25.53%	38.93%	18.5%	1.59%	-3.91%	0.21%	3.69%	2.66%

SAM SEC Filings & Documents

The Boston Beer Company, Inc. (SAM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 30, 2026·SEC

Material company update

Apr 10, 2026·SEC

Material company update

Mar 16, 2026·SEC

10-K Annual Reports

FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 23, 2025·SEC

FY 2025

Jul 24, 2025·SEC

SAM Frequently Asked Questions

The Boston Beer Company, Inc. (SAM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

The Boston Beer Company, Inc. (SAM) reported $2.09B in revenue for fiscal year 2025. This represents a 996% increase from $191.1M in 1996.

The Boston Beer Company, Inc. (SAM) grew revenue by 3.7% over the past year. Growth has been modest.

The Boston Beer Company, Inc. (SAM) reported a net loss of $61.2M for fiscal year 2025.

Dividend & Returns

The Boston Beer Company, Inc. (SAM) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.

The Boston Beer Company, Inc. (SAM) generated $190.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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The Boston Beer Company, Inc.(SAM)Earnings, Financials & Key Ratios

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