The Boston Beer Company, Inc.
SAM Consumer Defensive Beverages Brewers
The Boston Beer Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 2.38% from fiscal 2024.
- Revenue
- −3.24%
- EPS
- −0.94%
- Free cash flow
- −23.5%
Quarter to September 2026, against a year earlier
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The Boston Beer Company, Inc. (SAM) Gross margin
The Boston Beer Company, Inc.'s gross margin over the twelve months to 30 September 2026 was 49.1%, up 0.6 percentage points from fiscal 2025 (48.5%). Over the past ten years it has ranged from 38.8% (fiscal 2021) to 52.3% (fiscal 2015); the current reading is higher than 55% of that period. That is in line with the Beverages Brewers industry median of 49.1% and above the Consumer Defensive sector median of 34.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 48.5% | 4.08 |
| FY2024 | 44.4% | 1.96 |
| FY2023 | 42.4% | 1.20 |
| FY2022 | 41.2% | 2.47 |
| FY2021 | 38.8% | (8.13) |
| FY2020 | 46.9% | (2.24) |
| FY2019 | 49.1% | (2.31) |
| FY2018 | 51.5% | (0.68) |
| FY2017 | 52.1% | 1.42 |
| FY2016 | 50.7% | (1.55) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.7% | 1.35 |
| Jun 2026 | 50.4% | 1.08 |
| Mar 2026 | 49.3% | 5.83 |
| Dec 2025 | 43.5% | (7.33) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BUD Anheuser-Busch InBev SA/NV compare | 56.5% |
| STZ Constellation Brands Inc compare | 52.7% |
| ABEV Ambev S.A. compare | 51.5% |
| SAM The Boston Beer Company, Inc. | 49.1% |
| CCU Compania Cervecerias Unidas, S.A. compare | 44.7% |
| FMX Fomento Economico Mexicano S.A.B. de C.V. compare | 40.5% |
| TAP Molson Coors Beverage Company compare | 35.9% |
| Beverages Brewers industry median | 49.1% |
| Consumer Defensive sector median | 34.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on SAM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
- Altman Z-score
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