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Boston Beer SAM Gross margin

Gross margin at other companies

Constellation Brands logo
Constellation BrandsSTZ
52.6%+1.2pp
Coca-Cola logo
Coca-ColaKO
61.9%+0.5pp
Molson Coors Beverage Company logo
Molson Coors Beverage CompanyTAP
46%-1.9pp
Monster Beverage logo
Monster BeverageMNST
55.5%+0.4pp
Tilray Brands, Inc. logo
Tilray Brands, Inc.TLRY
30.9%+2.9pp
National Beverage logo
National BeverageFIZZ
37%+0.1pp

Other financials

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

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Market cap$1.88B-20.8%
Enterprise value$1.65B-25.3%
P/E146.1×
P/S-0.2×

Profitability

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Operating margin5.7%
Net margin4.6%
FCF margin10.7%-0.1pp

Returns & leverage

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Return on equity10.2%
Debt / equity0.0×
Current ratio-0.7×

Where this comes from

Calculated from Boston Beer’s reported figures.

Based on trailing twelve months.

The source filing: Boston Beer’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314203

FAQ

What is Boston Beer's gross margin?
Boston Beer (SAM) reported gross margin of 48.9% in Q2 2026.
How has Boston Beer's gross margin changed year-over-year?
Boston Beer's gross margin increased by 5.2% year-over-year, from 46.5% to 48.9%.
What is the long-term trend for Boston Beer's gross margin?
Over 5 years (2020 to 2025), Boston Beer's gross margin has grown at a 0.7% compound annual growth rate (CAGR), from 46.9% to 48.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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