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Boston Beer

SAM

The Boston Beer Company is a leading producer of alcohol beverages in the United States, specializing in both the high-growth 'Beyond Beer' category and traditional craft beer.

Market cap
$1.93B-16.2%
Revenue$1.9B-6.1%
Net income$12.9M-89.5%
Free cash flow$206.0M-7.1%
EPS (diluted)$0.78-92.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$524.2M
EPS estimate$4.30

Financials

Q2 2026

Income statement

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Revenue$568.3M-3.3%
Gross profit$286.4M-2.1%
Operating income$70.8M-13.8%
Net income$51.6M-14.7%
EPS (diluted)$4.96-9.0%

Balance sheet

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Cash & equivalents$265.5M+25.0%
Total debt$31.6M-28.1%
Total equity$714.6M-21.7%
Total assets$1.3B-1.0%

Cash flow

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Operating cash flow$138.0M+9.1%
CapEx$10.5M-25.9%
Free cash flow$127.5M+13.6%

Valuation & ratios

Valuation

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Market cap$1.93B-16.2%
Enterprise value$1.7B-20.5%
P/E150×
P/S-0.1×

Profitability

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Gross margin48.9%+2.4pp
FCF margin10.7%-0.1pp

Returns & leverage

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Debt / equity0.0×
Current ratio-0.7×

Competitors

Profile

The Boston Beer Company is a leading producer of alcohol beverages in the United States, specializing in both the high-growth 'Beyond Beer' category and traditional craft beer. The company leverages a robust internal innovation pipeline and a large-scale sales organization to maintain a significant market position across flavored malt beverages, hard seltzers, and hard ciders. Its value proposition is centered on high-quality product development, premium brand imagery, and a hybrid production model combining company-owned breweries with strategic third-party contract manufacturing.

Competitive position

The company is the second largest supplier in the U.S. Beyond Beer market and holds the top market share positions in the hard cider and flavored malt beverage categories.

GeographiesUnited States, Canada, Mexico
Customer segmentsIndependent Distributors, Retail Consumers, Hospitality and Entertainment
Business modelManufacturing, Brand Licensing, Wholesale Distribution
SuppliersAluminum can manufacturers, Flavoring suppliers, Barley and malt growers, European and American hop dealers, Apple growers (France, Italy, USA)
CustomersIndependent wholesalers and distributors, National grocery and club store chains, Convenience and liquor stores, On-premise hospitality venues
Listed1995
Employees2.7K
CEOC. James Koch
FilingsSEC EDGAR

Questions, answered.

What is Boston Beer's market cap?
Boston Beer (SAM) has a market capitalization of $1.9B and trades on NYSE.
What is Boston Beer's revenue and profitability?
Boston Beer generated $1.9B in trailing twelve-month revenue with net income of $12.9M, representing a net margin of 4.6%. Gross margin stands at 48.9%, with free cash flow of $206.0M. These figures are based on the Q2 2026 filing.
Who are Boston Beer's competitors?
Boston Beer's key competitors include Constellation Brands, Molson Coors Beverage Company, Monster Beverage Corporation, and others. These companies compete in similar markets and product categories.
Who does Boston Beer partner with?
Boston Beer's notable partners include PepsiCo, Inc., City Brewing Company, LLC, Rauch North America Inc, and others.
What subsidiaries does Boston Beer have?
Boston Beer's subsidiaries include Dogfish Head Craft Brewery, Angel City Brewing Company, Coney Island Brewing Company, and others.
Where is Boston Beer headquartered?
Boston Beer is headquartered in United States of America and employs approximately 2,679 people. It has been publicly traded since 1995.