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

223.53 4.79 −2.10%
Market cap
$2.3B
P/E
0.0×
Fwd P/E
−38.6×
Dividend yield
—
F-score
8/9
Altman Z
6.08
Beneish M
−3.02
Dividend safety
n/a

The Boston Beer Company, Inc. (SAM) Return on invested capital

Alert me on Return on invested capital

The Boston Beer Company, Inc.'s return on invested capital over the twelve months to 30 September 2026 was −14.1%, down 28.3 percentage points from fiscal 2025 (14.3%). Over the past ten years it has ranged from 0.54% (fiscal 2021) to 26.6% (fiscal 2015); the current reading is higher than 55% of that period. That is below the Beverages Brewers industry median of 5.99% and below the Consumer Defensive sector median of 0.96%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 14.3% 7.56
FY2024 6.69% (1.33)
FY2023 8.02% 1.70
FY2022 6.32% 5.78
FY2021 0.54% (18.45)
FY2020 19.0% 6.12
FY2019 12.9% (7.71)
FY2018 20.6% 0.38
FY2017 20.2% (4.00)
FY2016 24.2% (2.36)

Against its own ten years

Low 0.54% High 26.6%
Ten-year median 14.3%
Current reading's percentile 55

Return on invested capital against peers

Company Return on invested capital
ABEV Ambev S.A. compare 19.5%
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 14.5%
STZ Constellation Brands Inc compare 9.11%
CCU Compania Cervecerias Unidas, S.A. compare 5.99%
TAP Molson Coors Beverage Company compare 5.15%
BUD Anheuser-Busch InBev SA/NV compare 0.00%
SAM The Boston Beer Company, Inc. −14.1%
Beverages Brewers industry median 5.99%
Consumer Defensive sector median 0.96%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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