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Sunday 11 October 2026 Export all SAM data to Excel Powerpack

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. In the quarter to June 2026, revenue fell 3.34%, EPS fell 8.99% and free cash flow grew 13.6%, each against the same quarter a year earlier.

170.51 0.66 −0.39%
Market cap
$1.8B
P/E
0.0×
Fwd P/E
49.8×
Dividend yield
—
F-score
8/9
Altman Z
6.08
Beneish M
−3.02
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.64
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — — — — — — — — — —
Insider Ownership 28.37%

Capital & Financial Ratios $m

Market Cap 1,760.00
Revenue 1,925.45
Net Income (70.07)
Free Cash Flow 206.13
Net Debt (255.86)
Current Ratio 1.05
Debt/Equity 0.01 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 49.80 (above 35: high)
P/S ratio 0.92
P/B ratio 2.48
Past 5Y EPS Growth (8.63%) (below 0%: weak)
This Y EPS Growth (9.78%) (below 0%: weak)
Next Y EPS Growth 13.57%
Next Y revenue growth (2.49%) (below 0%: weak)
Next 5Y EPS Growth 3.46%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.8×, against a ten-year median of 2.2×; over the ten years it ranged from 0.8× in 2026 to 8.0× in 2020.
P/S against its own 10 years 0.96%
10-year low 10-year high
P/B against its own 10 years 2.99%
10-year low 10-year high
EV/Sales against its own 10 years 0.74%
10-year low 10-year high
EV/FCF against its own 10 years 0.79%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 298 212 223 266
Receivables 69 68 81 105
Inventory 116 117 93 118
Other — — — —
504 417 418 516
2023 2024 2025 Q'26
Payables 87 87 95 125
ST’ Debt — 6 13 10
Other — — — —
223 232 253 494

Compound Annual Growth %

10y 5y 3y
Sales 7.43% 2.50% (2.04%)
Cash Flow 4.82% 1.29% 10.55%
Earnings 0.98% (10.79%) 17.27%
Book Value 6.26% (2.43%) (7.48%)

Revenue $m

Mar Jun Sep Dec Year
’26 434 568 — — —
’25 454 588 537 386 1,965
’24 426 579 605 402 2,013
’23 410 603 602 394 2,009
’22 430 616 596 448 2,090
’21 545 603 562 348 2,058
’20 331 452 493 461 1,736
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (20) 138 — — —
’25 2 126 102 40 270
’24 (5) 96 116 42 249
’23 (18) 119 131 33 265
’22 (41) 163 103 (25) 200
’21 20 11 20 5 56
’20 19 85 105 44 253
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (33) 128 — — —
’25 (8) 112 89 22 216
’24 (21) 76 99 18 173
’23 (35) 101 119 17 203
’22 (65) 136 84 (44) 111
’21 (19) (33) (17) (22) (90)
’20 (8) 52 65 5 114
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (13.88) 4.96 — — —
’25 2.16 5.45 4.25 (2.12) 9.89
’24 1.04 4.39 2.86 (3.38) 5.06
’23 (0.73) 4.72 3.70 (1.49) 6.21
’22 (0.16) 4.31 2.21 (0.93) 5.44
’21 5.26 4.75 (4.76) (4.22) 1.17
’20 1.49 4.88 6.51 2.64 15.53
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 145.30 128.70 160.40 230.93 290.02 435.12 287.00 296.27 254.40 185.34

Analyst estimates 2026–2028

Powerpack
High 202.77 197.05 329.95 444.65 1,092.80 1,349.98 535.00 420.50 371.65 302.68
People
People Employees 1,505 1,439 1,543 2,128 2,423 2,543 2,679 2,793 2,537 2,736
Revenue/emp, $m 0.60 0.60 0.65 0.59 0.72 0.81 0.78 0.72 0.79 0.72
Income, $m
Income, $m Revenue 906 863 996 1,250 1,736 2,058 2,090 2,009 2,013 1,965
Gross margin, % 50.71 52.13 51.45 49.14 46.90 38.77 41.24 42.44 44.40 48.48
EBT 137 116 116 144 244 7 91 110 88 153
EBT margin, % 15.13 13.46 11.68 11.55 14.07 0.34 4.37 5.46 4.35 7.81
Net income 87 99 93 110 192 15 67 76 60 108
Depreciation 50 51 52 56 66 72 108 105 137 90
Per share, $
Per share, $ Revenue 72.32 71.31 85.67 105.15 142.28 167.56 169.71 164.06 170.96 179.29
Earnings 6.93 8.18 7.90 9.26 15.73 1.19 5.46 6.23 5.07 9.90
Cash flow 12.30 11.24 14.06 15.00 20.76 4.58 16.23 21.66 21.14 24.65
Capex (3.67) (2.72) (4.77) (7.83) (11.43) (11.95) (7.19) (5.09) (6.48) (4.97)
Free cash flow 8.63 8.51 9.29 7.17 9.33 (7.37) 9.05 16.56 14.66 19.68
Book value 35.63 35.00 39.61 61.89 78.41 80.08 86.75 88.04 77.81 77.22
Shares, m 13 12 12 12 12 12 12 12 12 11
Valuation, ×
Valuation, × P/E 24.48 23.00 30.45 40.80 63.25 428.05 59.20 54.66 60.72 20.03
P/S 2.36 2.66 2.81 3.59 6.99 3.01 1.90 2.07 1.75 1.09
P/B 4.78 5.43 6.08 6.11 12.68 6.31 3.72 3.86 3.86 2.53
EV/Sales 2.26 2.59 2.70 3.61 6.94 3.01 1.83 1.93 1.66 0.99
EV/FCF 18.93 21.69 24.93 53.05 105.78 (68.50) 34.28 19.14 19.36 9.01
Cash, $m
Cash, $m Operating cash flow 154 136 163 178 253 56 200 265 249 270
Capex (46) (33) (55) (93) (140) (147) (89) (62) (76) (55)
Free cash flow 108 103 108 85 114 (90) 111 203 173 216
Balance, $m
Balance, $m Working capital 92 67 111 38 154 90 219 280 186 165
Total debt — — — 5 10 9 10 — 6 13
Net debt (91) (66) (108) (32) (153) (57) (171) (298) (206) (211)
Shareholders’ equity 447 424 460 736 957 983 1,069 1,078 916 846
Returns, %
Returns, % ROA 13.85 16.71 15.32 12.99 15.78 1.05 4.79 5.35 4.45 8.88
ROIC 24.20 20.20 20.58 12.87 18.99 0.54 6.32 8.02 6.69 14.25
ROE 19.24 22.77 20.97 18.40 22.68 1.50 6.56 7.10 5.99 12.31
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

The Boston Beer Company, Inc. vs peers in Beverages Brewers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BUD Anheuser-Busch InBev SA/NV $135.4B 16.4× — (loss-making) +11.04% (above 0%: growing) +126.19% (above 0%: growing) +338.53% (above 0%: growing) 57.49% 27.63% Compare
ABEV Ambev S.A. $48.4B 17.7× — +3.83% (above 0%: growing) 0.00% +1,032.99% (above 0%: growing) 51.86% 23.89% Compare
FMX Fomento Economico Mexicano S.A.B. de C.V. $23.9B 23.8× — +22.50% (above 0%: growing) +132.50% (above 0%: growing) +401.84% (above 0%: growing) 40.09% 8.27% Compare
STZ Constellation Brands Inc $21.1B 10.9× 12.2× +6.13% (above 0%: growing) +28.91% (above 0%: growing) −3.25% (below 0%: shrinking) 52.91% 30.57% Compare
TAP Molson Coors Beverage Company $7.1B — (loss-making) 7.9× −3.26% (below 0%: shrinking) −42.06% (below 0%: shrinking) +29.37% (above 0%: growing) 34.34% 10.72% Compare
CCU Compania Cervecerias Unidas, S.A. $2.1B 17.6× 16.2× +4.81% (above 0%: growing) n/m +19.70% (above 0%: growing) 41.60% (3.35%) Compare
SAM The Boston Beer Company, Inc. $1.8B — (loss-making) 49.8× −3.34% (below 0%: shrinking) −8.99% (below 0%: shrinking) +13.63% (above 0%: growing) 50.39% 12.45%
Median of peers $22.5B 17.6× 12.2× +5.47% +28.91% +183.95% 46.73% 17.31%

All 7 Beverages Brewers stocks →

The Boston Beer Company, Inc. (SAM) key facts

  • Concern: The Boston Beer Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 2.38% from fiscal 2024.
  • The Boston Beer Company, Inc. (SAM) is a Beverages Brewers company in the Consumer Defensive sector, listed on the New York Stock Exchange.
  • As of October 9, 2026, SAM traded at $170.51, a market capitalization of $1.8 billion.
  • Return on equity was 12.3% and debt-to-equity 0.01.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 6.08 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

The Boston Beer Company, Inc. (SAM) Latest News

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stockrow.com/SAM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com