The Boston Beer Company, Inc.
NYSE•SAM
CEO: Mr. C. James Koch
Sector: Consumer Defensive
Industry: Beverages - Alcoholic
Listing Date: 1995-11-21
The 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, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. The company 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 e-commerce retail outlets. It sells its 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.
Contact Information
Market Cap
$1.95B
P/E (TTM)
-31.1
20.5
Dividend Yield
--
52W High
$264.46
52W Low
$158.68
52W Range
Rank31Top 21.6%
5.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$433.93M+0.00%
4-Quarter Trend
EPS
-$13.88+0.00%
4-Quarter Trend
FCF
-$32.76M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Surges Significantly Net income $108.47M USD, showing strong 81.7% growth compared to 2024, driven by operational efficiencies.
Gross Margin Expansion Achieved Gross margin improved to 48.5% for 2025, up from 44.4% in 2024, due to contract renegotiations and efficiency gains.
Operating Cash Flow Strong Operating cash flow $270.16M USD, providing liquidity for $54.5M in capital investments during the fiscal year 2025.
COGS Per Barrel Decreases COGS per barrel fell 5.1% to $141.79 USD, benefiting from recipe optimization savings and lower third-party costs.
Risk Factors
Net Revenue Declines Net revenue decreased 2.4% to $1.965B USD, primarily due to 4.7% decline in total shipment volume barrels.
Production Shortfall Exposure Anticipated shortfall fees of $19M expected over future years; 2025 fees recorded were $21.4M due to volume projections.
Increasing Tariff Cost Headwinds Estimated tariff costs for 2026 are projected to increase to between $20M and $30M, impacting future profitability.
Intense Market Competition Highly competitive US Beer Market faces pressure from large brewers; growth in Beyond Beer segments is slowing.
Outlook
Increased Capital Investment Planned Company expects 2026 capital investment to increase to between $70M and $90M to meet estimated future volume demands.
Focus on Beyond Beer Growth Beyond beer volume is positioned to grow and gain share from Traditional beer, despite recent category declines.
New Product Launches Expected Plans for Q1 2026 include expanding Sinless Vodka Cocktails and launching new Twisted Tea and Dogfish Head styles.
Production Shift to Owned Facilities Domestic volume produced at owned breweries estimated to exceed 90% in 2026, reducing third-party reliance.
Peer Comparison
Revenue (TTM)
$31.21B
$5.27B
$4.26B
Gross Margin (Latest Quarter)
74.6%
49.4%
49.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| COCO | $4.62B | 55.7 | 25.4% | 2.6% |
| CHEF | $3.70B | 44.3 | 13.5% | 12.9% |
| FIZZ | $3.46B | 18.4 | 36.0% | 7.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-9.6%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data