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Boston Beer (SAM) Financials

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$242.54 -2.88 (-1.17%)
As of 04/24/2025 03:53 PM Eastern
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Annual Income Statements for Boston Beer

Annual Income Statements for Boston Beer

This table shows Boston Beer's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
98 87 99 - 110 192 15 67 76 60
Consolidated Net Income / (Loss)
98 87 99 - 110 192 15 67 76 60
Net Income / (Loss) Continuing Operations
98 87 99 - 110 192 15 67 76 60
Total Pre-Tax Income
155 137 116 - 144 244 6.91 91 110 88
Total Operating Income
156 138 116 - 145 244 8.00 91 100 76
Total Gross Profit
502 460 450 - 614 814 798 862 852 894
Total Revenue
960 906 863 - 1,250 1,736 2,058 2,090 2,009 2,013
Operating Revenue
960 906 863 - 1,250 1,736 2,058 2,090 2,009 2,013
Total Cost of Revenue
458 447 413 - 636 922 1,260 1,228 1,156 1,119
Operating Cost of Revenue
458 447 413 - 636 922 1,260 1,228 1,156 1,119
Total Operating Expenses
345 322 334 - 469 570 790 771 752 818
Selling, General & Admin Expense
72 78 73 - 113 118 134 158 175 190
Marketing Expense
274 244 259 - 356 448 607 578 556 552
Other Operating Expenses / (Income)
- - - - 0.00 0.00 31 5.38 - 26
Impairment Charge
0.26 -0.24 2.45 - 0.91 4.47 18 30 22 50
Total Other Income / (Expense), net
-1.16 -0.54 0.47 - -0.54 0.02 -1.09 0.65 9.59 12
Interest & Investment Income
0.06 0.17 0.55 - 0.65 -0.20 -0.11 2.56 11 13
Other Income / (Expense), net
-1.22 -0.71 -0.08 - -1.19 0.22 -0.98 -1.92 -1.41 -1.62
Income Tax Expense
57 50 17 - 34 52 -7.64 24 33 28
Basic Earnings per Share
$7.46 $6.93 $24.54 - $9.26 $15.73 $1.19 $5.46 $6.23 $5.07
Weighted Average Basic Shares Outstanding
13.20M 12.66M 24.20M 11.73M 11.89M 12.20M 12.28M 12.32M 12.24M 11.77M
Diluted Earnings per Share
$7.25 $6.79 $16.18 - $9.16 $15.53 $1.17 $5.44 $6.21 $5.06
Weighted Average Diluted Shares Outstanding
13.52M 12.80M 12.18M 11.73M 11.91M 12.28M 12.44M 12.35M 12.26M 11.77M
Weighted Average Basic & Diluted Shares Outstanding
13.20M 12.60M 12.10M 11.73M 12.15M 12.27M 12.29M 12.28M 12.02M 11.24M

Quarterly Income Statements for Boston Beer

This table shows Boston Beer's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
27 -11 -8.96 58 45 -18 13 52 34 -39
Consolidated Net Income / (Loss)
27 -11 -8.96 58 45 -18 13 52 34 -39
Net Income / (Loss) Continuing Operations
27 -11 -8.96 58 45 -18 13 52 34 -39
Total Pre-Tax Income
38 -15 -12 80 64 -22 19 73 49 -54
Total Operating Income
38 -17 -14 78 62 -26 15 71 46 -56
Total Gross Profit
258 166 156 274 275 148 186 266 280 161
Total Revenue
596 448 410 603 602 394 426 579 605 402
Operating Revenue
596 448 410 603 602 394 426 579 605 402
Total Cost of Revenue
339 282 254 329 327 246 240 313 325 242
Operating Cost of Revenue
339 282 254 329 327 246 240 313 325 242
Total Operating Expenses
219 182 170 196 213 174 171 196 234 217
Selling, General & Admin Expense
37 42 44 45 42 44 50 48 44 48
Marketing Expense
154 139 125 149 153 129 120 144 148 140
Other Operating Expenses / (Income)
0.00 0.05 0.00 0.00 0.00 - 0.00 0.00 0.00 26
Impairment Charge
28 1.48 0.48 1.53 18 1.48 0.34 3.40 43 3.43
Total Other Income / (Expense), net
-0.13 1.43 1.54 1.73 2.57 3.75 3.46 2.51 3.27 2.40
Interest & Investment Income
0.76 1.75 1.64 1.86 3.48 4.02 3.49 2.95 3.58 3.23
Other Income / (Expense), net
-0.89 -0.32 -0.10 -0.12 -0.91 -0.27 -0.04 -0.44 -0.32 -0.83
Income Tax Expense
11 -3.96 -3.45 22 19 -4.06 6.21 21 16 -15
Basic Earnings per Share
$2.21 ($0.92) ($0.73) $4.73 $3.70 ($1.47) $1.05 $4.40 $2.87 ($3.25)
Weighted Average Basic Shares Outstanding
12.32M 12.32M 12.31M 12.27M 12.23M 12.24M 12.05M 11.90M 11.68M 11.77M
Diluted Earnings per Share
$2.21 ($0.92) ($0.73) $4.72 $3.70 ($1.48) $1.04 $4.39 $2.86 ($3.23)
Weighted Average Diluted Shares Outstanding
12.34M 12.35M 12.31M 12.28M 12.23M 12.26M 12.06M 11.89M 11.67M 11.77M
Weighted Average Basic & Diluted Shares Outstanding
12.30M 12.28M 12.27M 12.24M 12.19M 12.02M 11.95M 11.72M 11.48M 11.24M

Annual Cash Flow Statements for Boston Beer

This table details how cash moves in and out of Boston Beer's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
18 -3.16 -25 43 -72 127 -97 114 118 -87
Net Cash From Operating Activities
169 154 136 163 178 253 56 200 265 249
Net Cash From Continuing Operating Activities
169 154 136 163 185 253 56 200 265 249
Net Income / (Loss) Continuing Operations
98 87 99 93 110 192 15 67 76 60
Consolidated Net Income / (Loss)
98 87 99 93 110 192 15 67 76 60
Depreciation Expense
43 50 51 52 56 66 72 81 88 94
Non-Cash Adjustments To Reconcile Net Income
-7.75 -6.24 9.53 11 18 27 45 72 47 76
Changes in Operating Assets and Liabilities, net
35 24 -24 8.06 0.19 -31 -75 -21 54 19
Net Cash From Investing Activities
-74 -46 -33 -55 -259 -139 -147 -89 -62 -96
Net Cash From Continuing Investing Activities
-74 -46 -33 -55 -259 -139 -147 -89 -62 -96
Purchase of Property, Plant & Equipment
-74 -50 -33 -55 -93 -140 -148 -91 -64 -76
Sale of Property, Plant & Equipment
- 3.86 0.03 0.03 0.17 0.49 1.16 2.08 1.71 0.02
Other Investing Activities, net
0.06 0.04 0.03 0.14 -0.24 0.39 0.15 0.00 0.00 -20
Net Cash From Financing Activities
-77 -111 -128 -65 8.86 12 -6.64 2.80 -85 -239
Net Cash From Continuing Financing Activities
-77 -111 -128 -65 8.86 12 -6.64 2.80 -85 -239
Repayment of Debt
-0.05 -0.06 -0.06 -0.08 -97 -101 -1.57 -32 -1.58 -1.89
Repurchase of Common Equity
-136 -165 -145 -88 - - 0.00 0.00 -93 -239
Issuance of Debt
- - - 0.00 97 100 0.00 30 0.00 0.00
Other Financing Activities, net
59 53 16 23 9.24 14 -5.07 4.47 9.61 1.19
Cash Income Taxes Paid
45 31 43 16 31 36 -41 28 -36 -52

Quarterly Cash Flow Statements for Boston Beer

This table details how cash moves in and out of Boston Beer's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
84 -41 -58 85 103 -12 -93 14 36 -44
Net Cash From Operating Activities
103 -25 -18 119 131 33 -4.88 96 116 42
Net Cash From Continuing Operating Activities
103 -25 -18 119 131 33 -4.88 96 116 42
Net Income / (Loss) Continuing Operations
27 -11 -8.96 58 45 -18 13 52 34 -39
Consolidated Net Income / (Loss)
27 -11 -8.96 58 45 -18 13 52 34 -39
Depreciation Expense
21 21 22 22 23 22 23 24 24 23
Non-Cash Adjustments To Reconcile Net Income
50 11 6.23 18 30 -7.37 9.45 14 52 0.68
Changes in Operating Assets and Liabilities, net
5.70 -45 -37 21 33 37 -50 6.15 6.29 57
Net Cash From Investing Activities
-20 -19 -17 -17 -12 -15 -36 -20 -17 -24
Net Cash From Continuing Investing Activities
-20 -19 -17 -17 -12 -15 -36 -20 -17 -24
Purchase of Property, Plant & Equipment
-20 -20 -17 -17 -14 -15 -16 -20 -17 -24
Net Cash From Financing Activities
0.31 2.22 -23 -16 -16 -30 -52 -62 -63 -62
Net Cash From Continuing Financing Activities
0.31 2.22 -23 -16 -16 -30 -52 -62 -63 -62
Repayment of Debt
-0.40 -0.40 -0.41 -0.38 -0.39 -0.39 -0.56 -0.51 -0.41 -0.41
Repurchase of Common Equity
- - -21 -25 -17 -30 -50 -63 -63 -63
Other Financing Activities, net
0.71 2.62 -1.55 8.91 1.19 1.06 -1.93 1.70 0.52 0.90
Cash Income Taxes Paid
81 -9.72 1.74 -0.35 -15 -22 0.02 12 -48 -17

Annual Balance Sheets for Boston Beer

This table presents Boston Beer's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
645 616 570 640 1,054 1,379 1,387 1,421 1,430 1,250
Total Current Assets
224 194 168 232 219 413 345 423 504 417
Cash & Equivalents
94 91 66 108 37 163 27 181 298 212
Restricted Cash
- - - - - - 39 0.00 0.00 0.00
Accounts Receivable
39 37 34 34 54 78 55 57 67 61
Inventories, net
56 52 51 70 106 131 149 148 116 117
Prepaid Expenses
12 8.73 11 13 12 30 21 27 21 20
Current Deferred & Refundable Income Taxes
22 4.93 7.62 5.71 9.46 10 53 10 1.71 6.68
Plant, Property, & Equipment, net
410 408 384 390 541 623 665 668 643 616
Total Noncurrent Assets
12 14 17 18 294 343 377 330 284 216
Noncurrent Note & Lease Receivables
- - - - - - - - 0.00 17
Goodwill
3.68 3.68 3.68 3.68 113 113 113 113 113 113
Intangible Assets
- - - 2.10 104 104 104 76 60 16
Other Noncurrent Operating Assets
8.19 9.97 13 13 78 126 160 141 112 71
Total Liabilities & Shareholders' Equity
645 616 570 640 1,054 1,379 1,387 1,421 1,430 1,250
Total Liabilities
184 169 146 180 318 422 403 352 352 334
Total Current Liabilities
111 102 102 121 181 259 255 204 223 232
Accounts Payable
43 41 38 47 76 122 86 84 87 87
Accrued Expenses
68 61 64 73 99 130 162 111 127 139
Other Current Liabilities
- - - - 5.17 8.23 7.63 8.87 9.11 5.74
Total Noncurrent Liabilities
73 68 44 59 138 162 148 148 129 102
Noncurrent Deferred & Payable Income Tax Liabilities
56 57 35 49 75 93 87 97 86 66
Other Noncurrent Operating Liabilities
17 11 9.52 9.85 63 70 61 51 43 36
Commitments & Contingencies
0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
461 447 424 460 736 957 983 1,069 1,078 916
Total Preferred & Common Equity
461 447 424 460 736 957 983 1,069 1,078 916
Total Common Equity
461 446 423 460 736 957 983 1,069 1,078 916
Common Stock
290 350 373 406 572 600 612 630 656 677
Retained Earnings
172 98 52 56 165 357 372 439 422 240
Accumulated Other Comprehensive Income / (Loss)
-0.95 -1.10 -1.29 -1.20 -1.67 -0.25 -0.19 -0.21 -0.06 -0.70

Quarterly Balance Sheets for Boston Beer

This table presents Boston Beer's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
1,531 1,393 1,493 1,517 1,384 1,435 1,382
Total Current Assets
529 404 517 579 453 526 536
Cash & Equivalents
222 123 208 311 205 219 256
Accounts Receivable
92 80 117 88 73 125 94
Inventories, net
192 151 156 148 147 152 160
Prepaid Expenses
18 39 35 32 27 28 26
Current Deferred & Refundable Income Taxes
4.25 11 1.75 0.00 0.24 1.16 0.00
Plant, Property, & Equipment, net
671 663 656 647 635 627 619
Total Noncurrent Assets
331 326 319 290 296 282 227
Noncurrent Note & Lease Receivables
- - - - 19 19 17
Goodwill
113 113 113 113 113 113 113
Intangible Assets
76 76 76 60 60 60 17
Other Noncurrent Operating Assets
142 137 130 118 105 91 81
Total Liabilities & Shareholders' Equity
1,531 1,393 1,493 1,517 1,384 1,435 1,382
Total Liabilities
457 351 405 396 337 395 368
Total Current Liabilities
314 208 263 265 211 270 264
Accounts Payable
151 101 121 115 98 115 103
Accrued Expenses
154 98 133 141 105 147 154
Other Current Liabilities
8.61 8.91 8.97 9.03 8.35 7.48 6.60
Total Noncurrent Liabilities
143 144 143 131 126 125 104
Noncurrent Deferred & Payable Income Tax Liabilities
90 96 95 86 86 86 66
Other Noncurrent Operating Liabilities
53 47 47 45 40 39 38
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,074 1,041 1,087 1,121 1,047 1,041 1,014
Total Preferred & Common Equity
1,074 1,041 1,087 1,121 1,047 1,041 1,014
Total Common Equity
1,074 1,041 1,087 1,121 1,047 1,041 1,014
Common Stock
624 633 646 651 663 668 672
Retained Earnings
451 408 441 470 384 373 342
Accumulated Other Comprehensive Income / (Loss)
-0.46 -0.19 -0.07 -0.21 -0.22 -0.28 -0.24

Annual Metrics and Ratios for Boston Beer

This table displays calculated financial ratios and metrics derived from Boston Beer's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
6.30% -5.57% -4.79% 0.00% 0.00% 38.93% 18.50% 1.59% -3.91% 0.21%
EBITDA Growth
9.48% -5.73% -10.54% -68.85% 284.84% 55.05% -74.49% 115.17% 9.69% -9.85%
EBIT Growth
6.44% -11.62% -15.60% -100.00% 0.00% 70.07% -97.13% 1,166.21% 10.93% -24.59%
NOPAT Growth
8.54% -11.56% 12.50% -100.00% 0.00% 73.78% -91.22% 296.49% 4.18% -25.60%
Net Income Growth
8.45% -11.24% 13.39% 0.00% 0.00% 74.44% -92.42% 362.19% 13.36% -21.71%
EPS Growth
8.37% -6.34% 138.29% 0.00% 0.00% 69.54% -92.47% 364.96% 14.15% -18.52%
Operating Cash Flow Growth
19.45% -8.59% -11.81% 20.20% 9.05% 42.17% -77.78% 255.16% 32.61% -6.13%
Free Cash Flow Firm Growth
682.73% 8.47% -3.40% -93.80% -4,064.37% 141.09% -209.60% 189.99% 85.77% -28.79%
Invested Capital Growth
2.01% -3.27% 0.66% -1.67% 98.62% 13.55% 15.55% -3.17% -12.22% -9.63%
Revenue Q/Q Growth
-0.28% 0.47% -1.49% 0.00% 0.00% 10.12% -5.20% 4.99% -2.61% 0.43%
EBITDA Q/Q Growth
-2.11% 5.21% -10.25% -65.98% 263.96% 9.74% -58.90% 51.11% -4.17% -14.74%
EBIT Q/Q Growth
-3.39% 6.45% -14.55% -100.00% 0.00% 11.51% -94.29% 171.38% -8.42% -29.19%
NOPAT Q/Q Growth
-3.08% 7.11% 9.29% -100.00% 0.00% 10.71% -83.06% 140.23% -10.54% -27.67%
Net Income Q/Q Growth
-2.92% 7.44% 9.22% 0.00% 0.00% 11.02% -85.32% 150.10% -8.08% -25.68%
EPS Q/Q Growth
-2.42% 7.95% 121.64% 0.00% 0.00% 86.21% -85.19% 138.60% -8.27% -25.70%
Operating Cash Flow Q/Q Growth
-6.87% 14.58% -11.74% 20.36% -10.01% 3.65% -41.02% -13.18% 27.85% 3.82%
Free Cash Flow Firm Q/Q Growth
-5.67% 44.33% -19.39% -92.53% 27.47% -6.35% -29.86% -19.25% 48.80% 3.11%
Invested Capital Q/Q Growth
1.91% -4.79% 3.96% -3.76% 1.03% 4.24% -2.73% 4.23% -3.77% -7.14%
Profitability Metrics
- - - - - - - - - -
Gross Margin
52.26% 50.71% 52.13% 0.00% 49.14% 46.90% 38.77% 41.24% 42.44% 44.40%
EBITDA Margin
20.61% 20.58% 19.33% 0.00% 16.00% 17.86% 3.85% 8.14% 9.30% 8.36%
Operating Margin
16.27% 15.19% 13.40% 0.00% 11.59% 14.06% 0.39% 4.34% 4.98% 3.77%
EBIT Margin
16.14% 15.11% 13.39% 0.00% 11.50% 14.08% 0.34% 4.25% 4.91% 3.69%
Profit (Net Income) Margin
10.25% 9.64% 11.48% 0.00% 8.80% 11.05% 0.71% 3.22% 3.80% 2.97%
Tax Burden Percent
63.49% 63.70% 85.28% 0.00% 76.22% 78.60% 210.64% 73.56% 69.58% 68.14%
Interest Burden Percent
100.04% 100.12% 100.47% 0.00% 100.45% 99.92% 98.43% 102.88% 111.15% 117.82%
Effective Tax Rate
36.51% 36.30% 14.72% 0.00% 23.78% 21.40% -110.64% 26.44% 30.42% 31.86%
Return on Invested Capital (ROIC)
27.24% 24.25% 27.66% 0.00% 21.02% 25.72% 1.97% 7.40% 8.35% 6.98%
ROIC Less NNEP Spread (ROIC-NNEP)
28.12% 24.63% 27.15% 0.00% 21.59% 25.70% 3.97% 7.02% 5.56% 3.87%
Return on Net Nonoperating Assets (RNNOA)
-5.31% -5.01% -4.89% 0.00% -2.62% -3.04% -0.47% -0.84% -1.24% -0.99%
Return on Equity (ROE)
21.93% 19.24% 22.77% 0.00% 18.40% 22.68% 1.50% 6.56% 7.10% 5.99%
Cash Return on Invested Capital (CROIC)
25.26% 27.58% 27.00% 1.68% -45.03% 13.03% -12.46% 10.62% 21.37% 17.10%
Operating Return on Assets (OROA)
24.78% 21.72% 19.50% 0.00% 16.97% 20.09% 0.51% 6.33% 6.92% 5.55%
Return on Assets (ROA)
15.74% 13.85% 16.71% 0.00% 12.99% 15.78% 1.05% 4.79% 5.35% 4.45%
Return on Common Equity (ROCE)
21.93% 19.24% 22.76% 0.00% 18.40% 22.68% 1.50% 6.56% 7.10% 5.99%
Return on Equity Simple (ROE_SIMPLE)
21.34% 19.56% 23.39% 0.00% 14.96% 20.06% 1.48% 6.29% 7.07% 6.52%
Net Operating Profit after Tax (NOPAT)
99 88 99 0.00 110 192 17 67 70 52
NOPAT Margin
10.33% 9.67% 11.43% 0.00% 8.84% 11.05% 0.82% 3.20% 3.46% 2.57%
Net Nonoperating Expense Percent (NNEP)
-0.87% -0.37% 0.51% 0.00% -0.57% 0.02% -2.00% 0.38% 2.78% 3.11%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 6.25% 6.45% 5.65%
Cost of Revenue to Revenue
47.74% 49.29% 47.87% 0.00% 50.86% 53.10% 61.23% 58.76% 57.56% 55.60%
SG&A Expenses to Revenue
7.45% 8.61% 8.47% 0.00% 9.02% 6.81% 6.49% 7.54% 8.69% 9.43%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
35.99% 35.52% 38.73% 0.00% 37.55% 32.84% 38.38% 36.89% 37.46% 40.63%
Earnings before Interest and Taxes (EBIT)
155 137 116 0.00 144 244 7.02 89 99 74
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
198 187 167 52 200 310 79 170 187 168
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
5.75 4.78 5.31 6.03 6.20 12.98 6.56 3.79 3.91 3.77
Price to Tangible Book Value (P/TBV)
5.80 4.82 5.35 6.11 8.78 16.78 8.40 4.61 4.65 4.39
Price to Revenue (P/Rev)
2.76 2.35 2.60 0.00 3.65 7.16 3.13 1.94 2.10 1.72
Price to Earnings (P/E)
26.96 24.41 22.69 0.00 41.42 64.73 442.95 60.23 55.25 57.93
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.71% 4.10% 4.41% 0.00% 2.41% 1.54% 0.23% 1.66% 1.81% 1.73%
Enterprise Value to Invested Capital (EV/IC)
6.96 5.74 6.10 7.58 6.47 15.45 6.96 4.36 5.02 4.61
Enterprise Value to Revenue (EV/Rev)
2.67 2.25 2.53 0.00 3.62 7.06 3.10 1.85 1.95 1.61
Enterprise Value to EBITDA (EV/EBITDA)
12.94 10.95 13.08 51.32 22.61 39.54 80.64 22.74 20.96 19.28
Enterprise Value to EBIT (EV/EBIT)
16.52 14.91 18.88 0.00 31.46 50.17 908.95 43.55 39.70 43.66
Enterprise Value to NOPAT (EV/NOPAT)
25.81 23.28 22.12 0.00 40.93 63.88 378.75 57.96 56.26 62.71
Enterprise Value to Operating Cash Flow (EV/OCF)
15.17 13.24 16.05 16.32 25.37 48.39 113.33 19.36 14.76 13.04
Enterprise Value to Free Cash Flow (EV/FCFF)
27.84 20.48 22.66 446.85 0.00 126.12 0.00 40.37 21.98 25.59
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.19 -0.20 -0.18 -0.20 -0.12 -0.12 -0.12 -0.12 -0.22 -0.26
Leverage Ratio
1.39 1.39 1.36 1.37 1.42 1.44 1.43 1.37 1.33 1.34
Compound Leverage Factor
1.39 1.39 1.37 0.00 1.42 1.44 1.40 1.41 1.48 1.58
Debt to Total Capital
0.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
99.86% 99.97% 99.97% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
-0.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
-0.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
11.50 10.16 11.68 9.60 10.49 20.01 11.54 9.20 9.46 8.47
Noncontrolling Interest Sharing Ratio
0.03% 0.03% 0.03% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.01 1.91 1.65 1.92 1.21 1.59 1.35 2.07 2.26 1.80
Quick Ratio
1.20 1.26 0.98 1.18 0.50 0.93 0.32 1.16 1.64 1.18
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
92 100 96 5.97 -237 97 -107 96 178 127
Operating Cash Flow to CapEx
227.38% 334.77% 412.54% 294.86% 191.52% 181.64% 38.36% 225.91% 425.07% 326.40%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.54 1.44 1.46 0.00 1.48 1.43 1.49 1.49 1.41 1.50
Accounts Receivable Turnover
25.31 23.96 24.50 0.00 28.25 26.16 30.85 37.43 32.48 31.35
Inventory Turnover
8.51 8.20 8.01 0.00 7.21 7.78 9.00 8.26 8.75 9.61
Fixed Asset Turnover
2.43 2.22 2.18 0.00 2.69 2.98 3.20 3.14 3.07 3.20
Accounts Payable Turnover
11.71 10.73 10.49 0.00 10.30 9.31 12.14 14.44 13.48 12.83
Days Sales Outstanding (DSO)
14.42 15.24 14.90 0.00 12.92 13.95 11.83 9.75 11.24 11.64
Days Inventory Outstanding (DIO)
42.91 44.51 45.57 0.00 50.61 46.90 40.57 44.21 41.70 37.98
Days Payable Outstanding (DPO)
31.18 34.03 34.78 0.00 35.45 39.20 30.07 25.28 27.07 28.46
Cash Conversion Cycle (CCC)
26.16 25.72 25.69 0.00 28.08 21.66 22.33 28.68 25.87 21.17
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
368 356 358 352 699 794 917 888 779 704
Invested Capital Turnover
2.64 2.51 2.42 0.00 2.38 2.33 2.41 2.32 2.41 2.71
Increase / (Decrease) in Invested Capital
7.24 -12 2.34 -5.97 347 95 123 -29 -109 -75
Enterprise Value (EV)
2,559 2,041 2,182 2,667 4,521 12,262 6,380 3,871 3,915 3,246
Market Capitalization
2,653 2,132 2,248 2,775 4,558 12,425 6,446 4,051 4,213 3,458
Book Value per Share
$35.70 $35.56 $36.00 $39.61 $61.13 $78.17 $80.07 $86.91 $88.42 $79.77
Tangible Book Value per Share
$35.41 $35.27 $35.69 $39.12 $43.11 $60.49 $62.47 $71.55 $74.30 $68.54
Total Capital
462 447 424 460 736 957 983 1,069 1,078 916
Total Debt
0.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-94 -91 -66 -108 -37 -163 -66 -181 -298 -212
Capital Expenditures (CapEx)
74 46 33 55 93 140 147 89 62 76
Debt-free, Cash-free Net Working Capital (DFCFNWC)
18 1.33 0.95 2.66 1.33 -9.53 24 38 -18 -26
Debt-free Net Working Capital (DFNWC)
113 92 67 111 38 154 90 219 280 186
Net Working Capital (NWC)
112 92 67 111 38 154 90 219 280 186
Net Nonoperating Expense (NNE)
0.74 0.34 -0.40 0.00 0.41 -0.02 2.29 -0.47 -6.67 -7.92
Net Nonoperating Obligations (NNO)
-94 -91 -66 -108 -37 -163 -66 -181 -298 -212
Total Depreciation and Amortization (D&A)
43 50 51 52 56 66 72 81 88 94
Debt-free, Cash-free Net Working Capital to Revenue
1.91% 0.15% 0.11% 0.00% 0.11% -0.55% 1.16% 1.84% -0.91% -1.30%
Debt-free Net Working Capital to Revenue
11.72% 10.19% 7.72% 0.00% 3.04% 8.85% 4.39% 10.48% 13.95% 9.22%
Net Working Capital to Revenue
11.71% 10.19% 7.72% 0.00% 3.04% 8.85% 4.39% 10.48% 13.95% 9.22%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$7.46 $6.93 $8.18 $7.90 $27.78 $47.19 $1.19 $5.46 $6.23 $5.07
Adjusted Weighted Average Basic Shares Outstanding
12.83M 12.50M 11.83M 11.84M 23.77M 24.33M 12.28M 12.32M 12.24M 11.77M
Adjusted Diluted Earnings per Share
$7.25 $6.79 $8.09 $7.82 $18.32 $15.53 $1.17 $5.44 $6.21 $5.06
Adjusted Weighted Average Diluted Shares Outstanding
13.52M 12.80M 12.18M 11.73M 11.91M 12.28M 12.44M 12.35M 12.26M 11.77M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
12.83M 12.50M 11.83M 11.62M 12.15M 12.27M 12.29M 12.28M 12.02M 11.24M
Normalized Net Operating Profit after Tax (NOPAT)
99 88 101 0.00 111 195 19 89 85 86
Normalized NOPAT Margin
10.35% 9.66% 11.67% 0.00% 8.89% 11.26% 0.90% 4.25% 4.22% 4.26%
Pre Tax Income Margin
16.15% 15.13% 13.46% 0.00% 11.55% 14.07% 0.34% 4.37% 5.46% 4.35%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
137.89% 188.51% 145.99% 0.00% 0.00% 0.00% 0.00% 0.00% 121.81% 399.72%

Quarterly Metrics and Ratios for Boston Beer

This table displays calculated financial ratios and metrics derived from Boston Beer's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
6.20% 28.56% -4.68% -2.10% 0.86% -12.02% 3.92% -4.01% 0.64% 2.18%
EBITDA Growth
201.18% 106.40% -54.72% 9.75% 43.30% -234.64% 392.06% -5.98% -16.93% -624.59%
EBIT Growth
149.03% 76.62% -523.16% 10.54% 61.68% -52.94% 209.04% -10.06% -24.88% -117.02%
NOPAT Growth
151.62% 76.96% -547.35% 5.66% 58.81% -54.27% 205.35% -10.97% -28.05% -116.10%
Net Income Growth
146.71% 77.95% -358.11% 8.78% 66.00% -58.75% 240.65% -9.81% -26.01% -113.83%
EPS Growth
146.43% 77.45% -356.25% 9.51% 67.42% -60.87% 242.47% -6.99% -22.70% -118.24%
Operating Cash Flow Growth
417.80% -569.02% 56.54% -26.80% 26.89% 230.96% 72.60% -19.30% -11.72% 27.95%
Free Cash Flow Firm Growth
150.45% 109.94% 154.72% -35.05% -27.81% 421.51% 57.91% 30.11% -3.15% -60.34%
Invested Capital Growth
-9.64% -3.17% -6.64% -2.96% -4.92% -12.22% -8.44% -6.62% -6.35% -9.63%
Revenue Q/Q Growth
-3.21% -24.97% -8.39% 47.15% -0.28% -34.55% 8.21% 35.92% 4.56% -33.56%
EBITDA Q/Q Growth
-35.94% -94.07% 127.36% 1,169.98% -16.36% -105.57% 930.90% 142.65% -26.09% -148.63%
EBIT Q/Q Growth
-47.06% -145.71% 18.00% 657.08% -22.57% -143.24% 158.46% 359.49% -35.32% -224.91%
NOPAT Q/Q Growth
-49.05% -142.97% 17.03% 681.71% -23.42% -141.74% 156.66% 391.59% -38.11% -225.36%
Net Income Q/Q Growth
-48.85% -141.84% 21.56% 748.00% -21.95% -140.01% 169.50% 315.49% -35.97% -215.64%
EPS Q/Q Growth
-48.72% -141.63% 20.65% 746.58% -21.61% -140.00% 170.27% 322.12% -34.85% -212.94%
Operating Cash Flow Q/Q Growth
-36.35% -124.17% 28.73% 767.48% 10.34% -75.05% -114.91% 2,065.60% 20.70% -63.84%
Free Cash Flow Firm Q/Q Growth
-8.06% -85.35% 220.73% 50.33% 2.20% 5.83% -2.88% 23.86% -23.92% -56.67%
Invested Capital Q/Q Growth
-5.99% 4.23% 3.47% -4.28% -7.90% -3.77% 7.93% -2.38% -7.63% -7.14%
Profitability Metrics
- - - - - - - - - -
Gross Margin
43.21% 36.98% 37.97% 45.44% 45.65% 37.56% 43.74% 46.01% 46.28% 39.94%
EBITDA Margin
9.78% 0.77% 1.92% 16.56% 13.89% -1.18% 9.09% 16.22% 11.47% -8.39%
Operating Margin
6.43% -3.76% -3.40% 12.99% 10.22% -6.59% 3.60% 12.23% 7.57% -13.93%
EBIT Margin
6.28% -3.83% -3.43% 12.97% 10.07% -6.65% 3.59% 12.15% 7.52% -14.13%
Profit (Net Income) Margin
4.57% -2.55% -2.18% 9.62% 7.53% -4.60% 2.96% 9.04% 5.54% -9.63%
Tax Burden Percent
71.37% 74.24% 72.21% 72.45% 70.70% 81.71% 66.97% 71.38% 68.26% 72.27%
Interest Burden Percent
102.03% 89.77% 88.30% 102.37% 105.74% 84.66% 122.81% 104.19% 107.87% 94.32%
Effective Tax Rate
28.63% 0.00% 0.00% 27.55% 29.30% 0.00% 33.03% 28.62% 31.74% 0.00%
Return on Invested Capital (ROIC)
10.18% -6.09% -5.18% 21.69% 17.94% -11.11% 5.55% 20.54% 13.21% -26.45%
ROIC Less NNEP Spread (ROIC-NNEP)
10.25% -6.37% -6.49% 20.96% 17.26% -11.12% 4.14% 19.70% 12.42% -26.63%
Return on Net Nonoperating Assets (RNNOA)
-1.50% 0.77% 0.39% -3.40% -4.19% 2.48% -0.65% -3.95% -3.29% 6.82%
Return on Equity (ROE)
8.68% -5.32% -4.79% 18.29% 13.75% -8.62% 4.90% 16.58% 9.91% -19.64%
Cash Return on Invested Capital (CROIC)
13.23% 10.62% 13.02% 9.91% 14.41% 21.37% 19.01% 16.68% 15.69% 17.10%
Operating Return on Assets (OROA)
8.36% -5.70% -5.10% 17.95% 13.63% -9.38% 5.24% 16.61% 10.40% -21.23%
Return on Assets (ROA)
6.08% -3.80% -3.25% 13.31% 10.19% -6.49% 4.31% 12.35% 7.65% -14.47%
Return on Common Equity (ROCE)
8.68% -5.32% -4.79% 18.29% 13.75% -8.62% 4.90% 16.58% 9.91% -19.64%
Return on Equity Simple (ROE_SIMPLE)
2.50% 0.00% 5.79% 5.97% 7.40% 0.00% 9.34% 8.85% 7.92% 0.00%
Net Operating Profit after Tax (NOPAT)
27 -12 -9.76 57 43 -18 10 51 31 -39
NOPAT Margin
4.59% -2.63% -2.38% 9.41% 7.23% -4.61% 2.41% 8.73% 5.17% -9.75%
Net Nonoperating Expense Percent (NNEP)
-0.06% 0.28% 1.31% 0.73% 0.68% 0.01% 1.41% 0.84% 0.79% 0.18%
Return On Investment Capital (ROIC_SIMPLE)
- -1.10% - - - -1.68% - - - -4.28%
Cost of Revenue to Revenue
56.79% 63.02% 62.03% 54.56% 54.35% 62.44% 56.26% 53.99% 53.72% 60.06%
SG&A Expenses to Revenue
6.27% 9.30% 10.66% 7.44% 7.02% 11.10% 11.83% 8.29% 7.24% 11.85%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
36.78% 40.74% 41.37% 32.45% 35.43% 44.15% 40.13% 33.78% 38.71% 53.87%
Earnings before Interest and Taxes (EBIT)
37 -17 -14 78 61 -26 15 70 46 -57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
58 3.46 7.87 100 84 -4.66 39 94 69 -34
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
3.64 3.79 3.88 3.48 4.25 3.91 3.55 3.50 3.28 3.77
Price to Tangible Book Value (P/TBV)
4.41 4.61 4.73 4.21 5.02 4.65 4.24 4.20 3.75 4.39
Price to Revenue (P/Rev)
1.96 1.94 1.95 1.84 2.31 2.10 1.83 1.82 1.66 1.72
Price to Earnings (P/E)
145.20 60.23 66.98 58.27 57.45 55.25 37.95 39.59 41.35 57.93
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.69% 1.66% 1.49% 1.72% 1.74% 1.81% 2.64% 2.53% 2.42% 1.73%
Enterprise Value to Invested Capital (EV/IC)
4.32 4.36 4.26 4.07 5.50 5.02 4.17 4.17 4.04 4.61
Enterprise Value to Revenue (EV/Rev)
1.85 1.85 1.89 1.74 2.16 1.95 1.73 1.71 1.53 1.61
Enterprise Value to EBITDA (EV/EBITDA)
32.69 22.74 24.35 21.09 22.87 20.96 16.11 16.20 15.53 19.28
Enterprise Value to EBIT (EV/EBIT)
112.46 43.55 50.78 42.30 41.38 39.70 27.40 28.54 29.20 43.66
Enterprise Value to NOPAT (EV/NOPAT)
132.47 57.96 66.86 58.00 57.28 56.26 39.03 40.96 42.83 62.71
Enterprise Value to Operating Cash Flow (EV/OCF)
15.99 19.36 17.54 19.92 21.48 14.76 12.61 13.43 12.79 13.04
Enterprise Value to Free Cash Flow (EV/FCFF)
31.02 40.37 31.59 40.43 37.22 21.98 20.95 24.16 24.92 25.59
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.15 -0.12 -0.06 -0.16 -0.24 -0.22 -0.16 -0.20 -0.27 -0.26
Leverage Ratio
1.42 1.37 1.37 1.40 1.39 1.33 1.33 1.38 1.36 1.34
Compound Leverage Factor
1.45 1.23 1.21 1.43 1.47 1.12 1.63 1.43 1.46 1.27
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
7.09 8.95 8.93 7.77 9.39 9.17 8.70 7.67 7.56 8.12
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.69 2.07 1.94 1.97 2.19 2.26 2.14 1.95 2.03 1.80
Quick Ratio
1.00 1.16 0.98 1.24 1.51 1.64 1.32 1.28 1.33 1.18
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
118 17 56 84 85 90 88 109 83 36
Operating Cash Flow to CapEx
530.25% -133.74% -104.12% 679.88% 1,053.91% 213.93% -31.08% 471.67% 694.69% 178.25%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.33 1.49 1.49 1.38 1.35 1.41 1.46 1.37 1.38 1.50
Accounts Receivable Turnover
22.69 37.43 22.75 17.40 22.87 32.48 26.46 16.50 22.02 31.35
Inventory Turnover
6.15 8.26 7.82 7.53 7.00 8.75 7.67 7.31 7.28 9.61
Fixed Asset Turnover
2.98 3.14 3.11 3.09 3.13 3.07 3.12 3.12 3.17 3.20
Accounts Payable Turnover
8.30 14.44 11.49 9.44 8.96 13.48 11.49 9.54 10.33 12.83
Days Sales Outstanding (DSO)
16.08 9.75 16.04 20.97 15.96 11.24 13.80 22.12 16.58 11.64
Days Inventory Outstanding (DIO)
59.37 44.21 46.66 48.49 52.12 41.70 47.57 49.96 50.15 37.98
Days Payable Outstanding (DPO)
43.98 25.28 31.78 38.65 40.73 27.07 31.78 38.24 35.35 28.46
Cash Conversion Cycle (CCC)
31.47 28.68 30.93 30.82 27.35 25.87 29.59 33.84 31.38 21.17
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
852 888 919 879 810 779 841 821 759 704
Invested Capital Turnover
2.22 2.32 2.18 2.30 2.48 2.41 2.30 2.35 2.56 2.71
Increase / (Decrease) in Invested Capital
-91 -29 -65 -27 -42 -109 -78 -58 -51 -75
Enterprise Value (EV)
3,683 3,871 3,914 3,577 4,455 3,915 3,506 3,427 3,066 3,246
Market Capitalization
3,905 4,051 4,037 3,784 4,766 4,213 3,711 3,647 3,321 3,458
Book Value per Share
$87.36 $86.91 $84.80 $88.61 $91.60 $88.42 $86.84 $87.05 $86.56 $79.77
Tangible Book Value per Share
$71.99 $71.55 $69.42 $73.23 $77.52 $74.30 $72.56 $72.65 $75.52 $68.54
Total Capital
1,074 1,069 1,041 1,087 1,121 1,078 1,047 1,041 1,014 916
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-222 -181 -123 -208 -311 -298 -205 -219 -256 -212
Capital Expenditures (CapEx)
20 19 17 17 12 15 16 20 17 24
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-6.88 38 74 47 3.87 -18 36 37 16 -26
Debt-free Net Working Capital (DFNWC)
215 219 196 254 315 280 242 256 272 186
Net Working Capital (NWC)
215 219 196 254 315 280 242 256 272 186
Net Nonoperating Expense (NNE)
0.09 -0.35 -0.80 -1.26 -1.81 -0.02 -2.31 -1.79 -2.23 -0.47
Net Nonoperating Obligations (NNO)
-222 -181 -123 -208 -311 -298 -205 -219 -256 -212
Total Depreciation and Amortization (D&A)
21 21 22 22 23 22 23 24 24 23
Debt-free, Cash-free Net Working Capital to Revenue
-0.35% 1.84% 3.56% 2.26% 0.19% -0.91% 1.78% 1.85% 0.82% -1.30%
Debt-free Net Working Capital to Revenue
10.81% 10.48% 9.48% 12.36% 15.26% 13.95% 11.93% 12.81% 13.57% 9.22%
Net Working Capital to Revenue
10.81% 10.48% 9.48% 12.36% 15.26% 13.95% 11.93% 12.81% 13.57% 9.22%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$2.21 ($0.92) ($0.73) $4.73 $3.70 ($1.47) $1.05 $4.40 $2.87 ($3.25)
Adjusted Weighted Average Basic Shares Outstanding
12.32M 12.32M 12.31M 12.27M 12.23M 12.24M 12.05M 11.90M 11.68M 11.77M
Adjusted Diluted Earnings per Share
$2.21 ($0.92) ($0.73) $4.72 $3.70 ($1.48) $1.04 $4.39 $2.86 ($3.23)
Adjusted Weighted Average Diluted Shares Outstanding
12.34M 12.35M 12.31M 12.28M 12.23M 12.26M 12.06M 11.89M 11.67M 11.77M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
12.30M 12.28M 12.27M 12.24M 12.19M 12.02M 11.95M 11.72M 11.48M 11.24M
Normalized Net Operating Profit after Tax (NOPAT)
48 -11 -9.42 58 56 -17 11 53 60 -37
Normalized NOPAT Margin
7.97% -2.40% -2.30% 9.60% 9.38% -4.35% 2.47% 9.15% 9.97% -9.15%
Pre Tax Income Margin
6.41% -3.44% -3.02% 13.28% 10.65% -5.63% 4.41% 12.66% 8.11% -13.33%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 35.01% 70.65% 75.31% 121.81% 124.48% 173.65% 256.89% 399.72%

Frequently Asked Questions About Boston Beer's Financials

When does Boston Beer's financial year end?

According to the most recent income statement we have on file, Boston Beer's fiscal year ends in December. Their fiscal year 2024 ended on December 28, 2024.

How has Boston Beer's net income changed over the last 9 years?

Boston Beer's net income appears to be on a downward trend, with a most recent value of $59.70 million in 2024, falling from $98.41 million in 2015. The previous period was $76.25 million in 2023.

What is Boston Beer's operating income?
Boston Beer's total operating income in 2024 was $75.97 million, based on the following breakdown:
  • Total Gross Profit: $893.73 million
  • Total Operating Expenses: $817.76 million
How has Boston Beer revenue changed over the last 9 years?

Over the last 9 years, Boston Beer's total revenue changed from $959.93 million in 2015 to $2.01 billion in 2024, a change of 109.7%.

How much debt does Boston Beer have?

Boston Beer's total liabilities were at $333.83 million at the end of 2024, a 5.2% decrease from 2023, and a 81.3% increase since 2015.

How much cash does Boston Beer have?

In the past 9 years, Boston Beer's cash and equivalents has ranged from $26.85 million in 2021 to $298.49 million in 2023, and is currently $211.82 million as of their latest financial filing in 2024.

How has Boston Beer's book value per share changed over the last 9 years?

Over the last 9 years, Boston Beer's book value per share changed from 35.70 in 2015 to 79.77 in 2024, a change of 123.5%.



This page (NYSE:SAM) was last updated on 4/25/2025 by MarketBeat.com Staff
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