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 operating margin
Operating margin is operating income as a percentage of revenue.
Boston Beer's operating margin for the twelve months ending Sep 26, 2026 was -5.1%. For fiscal 2025 it was 7.4%, against 3.8% the year before. The highest annual figure on record is 20.2% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | 7.4% | +3.6 |
| FY2024 | Dec 28, 2024 | 3.8% | −1.2 |
| FY2023 | Dec 30, 2023 | 5.0% | +0.6 |
| FY2022 | Dec 31, 2022 | 4.3% | +4.0 |
| FY2021 | Dec 25, 2021 | 0.4% | −13.7 |
| FY2020 | Dec 26, 2020 | 14.1% | +2.5 |
| FY2019 | Dec 28, 2019 | 11.6% | −0.0 |
| FY2018 | Dec 29, 2018 | 11.6% | −1.8 |
| FY2017 | Dec 30, 2017 | 13.4% | −1.8 |
| FY2016 | Dec 31, 2016 | 15.2% | −1.1 |
| FY2015 | Dec 26, 2015 | 16.3% | +0.0 |
| FY2014 | Dec 27, 2014 | 16.2% | +0.9 |
| FY2013 | Dec 28, 2013 | 15.3% | −1.2 |
| FY2012 | Dec 29, 2012 | 16.5% | −3.7 |
| FY2011 | Dec 31, 2011 | 20.2% | +2.7 |
| FY2010 | Dec 25, 2010 | 17.5% | +4.4 |
| FY2009 | Dec 26, 2009 | 13.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 26, 2026 | 10.8% | −0.7 |
| Q2 FY2026 | Jun 27, 2026 | 12.5% | −1.5 |
| Q1 FY2026 | Mar 28, 2026 | -43.9% | −51.3 |
| Q4 FY2025 | Dec 27, 2025 | -8.6% | +5.4 |
| Q3 FY2025 | Sep 27, 2025 | 11.5% | +4.0 |
| Q2 FY2025 | Jun 28, 2025 | 14.0% | +1.7 |
| Q1 FY2025 | Mar 29, 2025 | 7.4% | +3.8 |
| Q4 FY2024 | Dec 28, 2024 | -13.9% | −7.3 |
| Q3 FY2024 | Sep 28, 2024 | 7.6% | −2.7 |
| Q2 FY2024 | Jun 29, 2024 | 12.2% | −0.8 |
| Q1 FY2024 | Mar 30, 2024 | 3.6% | +7.0 |
| Q4 FY2023 | Dec 30, 2023 | -6.6% | −2.8 |
| Q3 FY2023 | Sep 30, 2023 | 10.2% | +3.8 |
| Q2 FY2023 | Jul 1, 2023 | 13.0% | +1.4 |
| Q1 FY2023 | Apr 1, 2023 | -3.4% | −2.9 |
| Q4 FY2022 | Dec 31, 2022 | -3.8% | +17.2 |
| Q3 FY2022 | Sep 24, 2022 | 6.4% | +19.9 |
| Q2 FY2022 | Jun 25, 2022 | 11.6% | −1.7 |
| Q1 FY2022 | Mar 26, 2022 | -0.5% | −14.6 |
| Q4 FY2021 | Dec 25, 2021 | -21.0% | −30.1 |
| Q3 FY2021 | Sep 25, 2021 | -13.5% | −34.1 |
| Q2 FY2021 | Jun 26, 2021 | 13.3% | −4.1 |
| Q1 FY2021 | Mar 27, 2021 | 14.1% | +7.5 |
| Q4 FY2020 | Dec 26, 2020 | 9.1% | +3.3 |
| Q3 FY2020 | Sep 26, 2020 | 20.7% | +4.8 |
| Q2 FY2020 | Jun 27, 2020 | 17.4% | +5.5 |
| Q1 FY2020 | Mar 28, 2020 | 6.5% | −5.2 |
| Q4 FY2019 | Dec 28, 2019 | 5.9% | −6.9 |
| Q3 FY2019 | Sep 28, 2019 | 15.8% | +0.6 |
| Q2 FY2019 | Jun 29, 2019 | 11.9% | +0.5 |
| Q1 FY2019 | Mar 30, 2019 | 11.7% | +6.8 |
| Q4 FY2018 | Dec 29, 2018 | 12.8% | +5.6 |
| Q3 FY2018 | Sep 29, 2018 | 15.2% | −5.6 |
| Q2 FY2018 | Jun 30, 2018 | 11.4% | −6.9 |
| Q1 FY2018 | Mar 31, 2018 | 4.9% | +2.4 |
| Q4 FY2017 | Dec 30, 2017 | 7.2% | −8.4 |
| Q3 FY2017 | Sep 30, 2017 | 20.8% | – |
| Q2 FY2017 | Jul 1, 2017 | 18.3% | – |
| Q1 FY2017 | Apr 1, 2017 | 2.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 15.6% | – |
See a number that looks wrong?