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NYSE · MALT BEVERAGES · LARGE CAP

Boston Beer Co. Inc. SAM

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.0B
▼ 2.4% YoY
$108.5M
▲ 81.7% YoY
$215.6M
▲ 24.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Company produces alcohol beverages, including flavored malt beverages, hard seltzer, beer, hard cider, spirits-based ready-to-drink beverages and distilled spirits, at Company-owned breweries and its cidery and under contract arrangements at other production facilities. Its four primary Company-owned breweries, focused on production and research and development, are located in Boston, Massachusetts, Cincinnati, Ohio, Milton, Delaware and Breinigsville, Pennsylvania. Most of the Company's sales are made to a network of over 300 wholesalers in the United States, along with a network of foreign wholesalers, importers and other agencies, referred to as Distributors. During 2025, the Company's largest individual Distributor accounted for approximately 3% of its gross sales, while the top three individual Distributors collectively accounted for approximately 7%. As of December 27, 2025, the Company had 2,736 coworkers, of which 168 were represented by unions or similar organizations. The Company was founded in 1984 as a craft brewery and competes in the craft beer category primarily with its Samuel Adams and Dogfish Head brands.

Written from the business description in THE BOSTON BEER COMPANY, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.0B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.0 · Net income 0.1
1B2B
2009201220152018202120242025
Compound annual growth
−2.0%
+2.5%
+7.4%
+10.1%
+17.3%
−10.8%
+1.0%
+5.3%
+22.0%
−8.6%
+3.2%
+7.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 7.4% · Net 5.5%
5%10%15%
200920172025
ROE
FY2025 · ROE 12.3%
10%20%30%
200920172025
Three returns, three denominators.

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders

USD 199.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 215.6
100M200M-40M-80M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 199.9
100M200M
2009201120132015201720232025

USD 199.9M in buybacks — 184% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 1.2B
EquityUSD 846.3M
CashUSD 223.4M
Current ratio1.65×

Equity funds 71% of total assets.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
SAM, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B2.02.02.02.12.11.71.21.00.90.91.00.90.70.60.50.50.4
Operating income $B0.10.10.10.10.00.20.10.10.10.10.20.10.10.10.10.10.1
EBITDA $B0.20.20.20.20.10.30.20.20.20.20.20.20.10.10.10.10.1
Income tax $B0.00.00.00.0−0.00.10.00.00.00.00.10.10.00.00.00.00.0
Net income $B0.10.10.10.10.00.20.10.10.10.10.10.10.10.10.10.10.0
Free cash flow $B0.20.20.20.1−0.10.10.10.10.10.10.1−0.0−0.00.00.10.10.0
EPS, diluted $9.895.066.215.441.1715.539.167.828.096.797.256.695.184.394.813.522.17
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE %12.36.07.16.61.522.718.421.022.819.221.924.625.727.737.729.618.0

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityMalt Beverages
Listed onNYSE
Incorporated inMassachusetts
Fiscal year endsDecember 27
Data on record since2009

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