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Boston Beer SAM Lease impairment

Lease impairment at other companies

Boston Beer logo
Boston BeerSAM
$150K
BankUnited logo
BankUnitedBKU
$51.75K+283%
Zymeworks logo
ZymeworksZYME
$79K
Tetra Tech logo
Tetra TechTTEK
$0
Strategic Education, Inc. logo
Strategic Education, Inc.STRA
$233K+195%
Target Hospitality logo
Target HospitalityTH
$0

Other financials

Income statement

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Revenue$433.9M-4.4%
Gross profit$214.0M-2.4%
Operating income-$190.5M-664%
Net income-$145.3M-695%
EPS (diluted)-$13.88-743%

Balance sheet

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Cash & equivalents$164.1M+7.7%
Total debt$34.7M-25.8%
Total equity$682.6M-23.9%
Total assets$1.2B-5.6%

Cash flow

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Operating cash flow-$20.4M-1,154%
CapEx$12.3M+24.2%
Free cash flow-$32.8M-310%

Valuation

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Market cap$1.88B-10.4%
Enterprise value$1.75B-11.7%
P/S-0.1×

Profitability

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Gross margin48.7%+3.3pp
Operating margin5.7%
Net margin4.6%
FCF margin9.8%+0.7pp

Returns & leverage

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Return on equity10.2%
Debt / equity0.1×0.0×
Current ratio0.9×-0.8×

Where this comes from

Reported directly by Boston Beer in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.

The official record: Boston Beer’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boston Beer's lease impairment?
Boston Beer (SAM) reported lease impairment of $150K in Q4 2025.
What is the long-term trend for Boston Beer's lease impairment?
Over 3 years (2022 to 2025), Boston Beer's lease impairment has grown at a 44.2% compound annual growth rate (CAGR), from $200K to $600K.
What does lease impairment mean?
This represents a non-cash charge recognized when the carrying amount of a right-of-use asset exceeds its recoverable value. It indicates that the leased asset is no longer expected to generate sufficient economic benefit to justify its recorded value. Frequent impairments may signal poor strategic planning or deteriorating operational performance regarding leased facilities.