Boston Beer Co Inc (SAM) stock
SAMNYSEMalt BeveragesFiscal year ends December 27
Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Oct 22, 2026Score 9/3016% below fair value
$219.16−1.00 (-0.45%)
Close on Nov 11, 2026Market cap $2.22BP/E –Yield –
Boston Beer gross margin
Gross margin is gross profit as a percentage of revenue.
Boston Beer's gross margin for the twelve months ending Sep 26, 2026 was 49.1%. For fiscal 2025 it was 48.5%, against 44.4% the year before. The highest annual figure on record is 55.5% in fiscal 2011.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | 48.5% | +4.1 |
| FY2024 | Dec 28, 2024 | 44.4% | +2.0 |
| FY2023 | Dec 30, 2023 | 42.4% | +1.2 |
| FY2022 | Dec 31, 2022 | 41.2% | +2.5 |
| FY2021 | Dec 25, 2021 | 38.8% | −8.1 |
| FY2020 | Dec 26, 2020 | 46.9% | −2.2 |
| FY2019 | Dec 28, 2019 | 49.1% | −2.3 |
| FY2018 | Dec 29, 2018 | 51.4% | −0.7 |
| FY2017 | Dec 30, 2017 | 52.1% | +1.4 |
| FY2016 | Dec 31, 2016 | 50.7% | −1.5 |
| FY2015 | Dec 26, 2015 | 52.3% | +0.8 |
| FY2014 | Dec 27, 2014 | 51.5% | −0.6 |
| FY2013 | Dec 28, 2013 | 52.1% | −2.2 |
| FY2012 | Dec 29, 2012 | 54.3% | −1.1 |
| FY2011 | Dec 31, 2011 | 55.5% | +0.2 |
| FY2010 | Dec 25, 2010 | 55.3% | +3.8 |
| FY2009 | Dec 26, 2009 | 51.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 26, 2026 | 51.7% | +0.9 |
| Q2 FY2026 | Jun 27, 2026 | 50.4% | +0.6 |
| Q1 FY2026 | Mar 28, 2026 | 49.3% | +1.0 |
| Q4 FY2025 | Dec 27, 2025 | 43.5% | +3.5 |
| Q3 FY2025 | Sep 27, 2025 | 50.8% | +4.5 |
| Q2 FY2025 | Jun 28, 2025 | 49.8% | +3.7 |
| Q1 FY2025 | Mar 29, 2025 | 48.3% | +4.6 |
| Q4 FY2024 | Dec 28, 2024 | 39.9% | +2.4 |
| Q3 FY2024 | Sep 28, 2024 | 46.3% | +0.6 |
| Q2 FY2024 | Jun 29, 2024 | 46.0% | +0.6 |
| Q1 FY2024 | Mar 30, 2024 | 43.7% | +5.8 |
| Q4 FY2023 | Dec 30, 2023 | 37.6% | +0.6 |
| Q3 FY2023 | Sep 30, 2023 | 45.7% | +2.4 |
| Q2 FY2023 | Jul 1, 2023 | 45.4% | +2.3 |
| Q1 FY2023 | Apr 1, 2023 | 38.0% | −2.2 |
| Q4 FY2022 | Dec 31, 2022 | 37.0% | +8.3 |
| Q3 FY2022 | Sep 24, 2022 | 43.2% | +12.5 |
| Q2 FY2022 | Jun 25, 2022 | 43.1% | −2.6 |
| Q1 FY2022 | Mar 26, 2022 | 40.2% | −5.6 |
| Q4 FY2021 | Dec 25, 2021 | 28.7% | −18.3 |
| Q3 FY2021 | Sep 25, 2021 | 30.7% | −18.1 |
| Q2 FY2021 | Jun 26, 2021 | 45.7% | −0.6 |
| Q1 FY2021 | Mar 27, 2021 | 45.8% | +1.0 |
| Q4 FY2020 | Dec 26, 2020 | 46.9% | −0.5 |
| Q3 FY2020 | Sep 26, 2020 | 48.8% | −0.8 |
| Q2 FY2020 | Jun 27, 2020 | 46.4% | −3.6 |
| Q1 FY2020 | Mar 28, 2020 | 44.8% | −4.7 |
| Q4 FY2019 | Dec 28, 2019 | 47.4% | −4.5 |
| Q3 FY2019 | Sep 28, 2019 | 49.6% | −1.6 |
| Q2 FY2019 | Jun 29, 2019 | 49.9% | −2.0 |
| Q1 FY2019 | Mar 30, 2019 | 49.5% | −1.0 |
| Q4 FY2018 | Dec 29, 2018 | 51.9% | −0.4 |
| Q3 FY2018 | Sep 29, 2018 | 51.2% | −2.0 |
| Q2 FY2018 | Jun 30, 2018 | 52.0% | −2.1 |
| Q1 FY2018 | Mar 31, 2018 | 50.5% | +3.2 |
| Q4 FY2017 | Dec 30, 2017 | 52.4% | +3.3 |
| Q3 FY2017 | Sep 30, 2017 | 53.2% | – |
| Q2 FY2017 | Jul 1, 2017 | 54.1% | – |
| Q1 FY2017 | Apr 1, 2017 | 47.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 49.1% | – |
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