Boston Beer Co Inc (SAM)
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. Its flagship beer is Samuel Adams Boston Lager. The company offers various beers, hard ciders, spirits based ready to drink beverages, distilled spirits, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, and Sun Cruiser brand names. It markets and sells its products to a network wholesaler in the United States, as well as 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 traditional and e-commerce retail outlets. It sells its products in Canada, Mexico, and internationally. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
- Symbol
- SAM
- Exchange
- NYSE
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- Market cap
- $1.75B
- 52 week range
- 158.68 - 264.46
Valuation
- Share price
- $167.69 (close of 2026-09-23)
- P/E (TTM)
- -25.38x
- Price to book
- 2.45x
- Price to free cash flow
- 8.48x
- Enterprise value
- $1.51B
- Book value per share
- $68.79
Price performance
| Period | Change |
|---|
| 1 day | -2.16% |
| 5 days | -2.09% |
| 1 month | -9.82% |
| 3 months | -7.16% |
| 6 months | -24.33% |
| Year to date | -14.06% |
| 1 year | -22.36% |
| 3 years | -55.68% |
| 5 years | -68.10% |
| 10 years | +10.11% |
| All time | +498.90% |
Profitability and growth
- Return on equity
- 12.82%
- Return on invested capital
- 15.12%
- Return on assets
- 9.09%
- Return on capital employed
- 15.40%
- Gross margin
- 48.48%
- Net margin
- 5.52%
- EBITDA margin
- 11.98%
- Revenue growth
- -2.38%
- Net income growth
- 81.71%
- Free cash flow growth
- 24.90%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 11.79%
- Current ratio
- 1.05x
- Net debt to EBITDA
- -1.22x
Latest reported year
- Period end
- 2025-12-27
- Fiscal year
- 2025
- Revenue
- $1.96B
- Cost of revenue
- $1.01B
- Gross profit
- $952.58M
- EBITDA
- $235.32M
- Net income
- $108.47M
- Earnings per share
- $9.90
- Shares outstanding
- 10.96M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-27 | $1.96B | $952.58M | $108.47M | $9.90 |
| 2024-12-28 | $2.01B | $893.73M | $59.70M | $5.07 |
| 2023-12-30 | $2.01B | $852.37M | $76.25M | $6.23 |
| 2022-12-31 | $2.09B | $861.99M | $67.26M | $5.46 |
| 2021-12-25 | $2.06B | $797.79M | $14.55M | $1.19 |
| 2020-12-26 | $1.74B | $814.45M | $191.96M | $15.73 |
| 2019-12-28 | $1.25B | $614.17M | $110.04M | $9.26 |
| 2018-12-29 | $995.65M | $512.24M | $92.66M | $7.90 |
| 2017-12-30 | $862.99M | $449.90M | $99.05M | $8.18 |
| 2016-12-31 | $906.45M | $459.67M | $87.35M | $6.93 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-27 | 48.48% | 5.52% | 12.82% | 15.12% |
| 2024-12-28 | 44.40% | 2.97% | 6.52% | 6.49% |
| 2023-12-30 | 42.44% | 3.80% | 7.07% | 8.08% |
| 2022-12-31 | 41.24% | 3.22% | 6.29% | 7.07% |
| 2021-12-25 | 38.77% | 0.71% | 1.48% | 0.78% |
| 2020-12-26 | 46.90% | 11.05% | 20.06% | 22.18% |
| 2019-12-28 | 49.14% | 8.80% | 14.96% | 14.54% |
| 2018-12-29 | 51.45% | 9.31% | 20.13% | 26.22% |
| 2017-12-30 | 52.13% | 11.48% | 23.39% | 27.55% |
| 2016-12-31 | 50.71% | 9.64% | 19.56% | 24.72% |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-27 | $223.38M |
| 2024-12-28 | $211.82M |
| 2023-12-30 | $298.49M |
| 2022-12-31 | $180.56M |
| 2021-12-25 | $26.85M |
| 2020-12-26 | $163.28M |
| 2019-12-28 | $36.67M |
| 2018-12-29 | $108.40M |
| 2017-12-30 | $65.64M |
| 2016-12-31 | $91.03M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-27 | $215.59M | $21.75M |
| 2024-12-28 | $172.62M | $18.95M |
| 2023-12-30 | $201.06M | $16.97M |
| 2022-12-31 | $109.36M | $13.99M |
| 2021-12-25 | $-91.62M | $18.61M |
| 2020-12-26 | $113.41M | $15.28M |
| 2019-12-28 | $85.01M | $12.34M |
| 2018-12-29 | $107.99M | $10.04M |
| 2017-12-30 | $103.00M | $6.32M |
| 2016-12-31 | $104.28M | $6.15M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-22
- Consensus EPS estimate
- $4.30
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-23 | Jun/2026 | $4.77 |
| 2026-04-30 | - | - |
| 2026-02-24 | - | - |
| 2025-10-23 | - | - |
| 2025-07-24 | - | - |
| 2025-04-24 | - | - |
| 2025-02-25 | - | - |
| 2024-10-24 | - | - |
Filings and sources
- Company website
- bostonbeer.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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