Boston Beer profit margin SAM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −3.8%
- Operating margin, 12 months
- −5.1%
- Net margin on a year earlier
- −8.5 pts
- Peer median
- 4.3%
Over the twelve months to Sep 26, 2026, Boston Beer kept −3.8% of its revenue as net profit, with an operating margin of −5.1% and a gross margin of 49.1%.
Five years earlier its net margin was 4.6%.
The median for 10 consumer staples stocks of a similar size is 4.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.5% | 7.4% | 48.5% |
| FY2024 | 3.0% | 3.8% | 44.4% |
| FY2023 | 3.8% | 5.0% | 42.4% |
| FY2022 | 3.2% | 4.3% | 41.2% |
| FY2021 | 0.7% | 0.4% | 38.8% |
| FY2020 | 11.1% | 14.1% | 46.9% |
| FY2019 | 8.8% | 11.6% | 49.1% |
| FY2018 | 9.3% | 11.6% | 51.4% |
| FY2017 | 11.5% | 13.4% | 52.1% |
| FY2016 | 9.6% | 15.2% | 50.7% |
| FY2015 | 10.3% | 16.3% | 52.3% |
| FY2014 | 10.0% | 16.2% | 51.5% |
| FY2013 | 9.5% | 15.3% | 52.1% |
| FY2012 | 10.2% | 16.5% | 54.3% |
| FY2011 | 12.9% | 20.2% | 55.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | −3.8% | −8.5 pts | −5.1% | |
| Q2 FY26 | −3.6% | −7.5 pts | −4.7% | |
| Q1 FY26 | −3.1% | −6.7 pts | −4.1% | |
| Q4 FY25 | 5.5% | +2.6 pts | 7.4% | |
| Q3 FY25 | 4.7% | +0.6 pts | 6.1% | |
| Q2 FY25 | 3.9% | −0.7 pts | 5.2% | |
| Q1 FY25 | 3.5% | −1.3 pts | 4.6% | |
| Q4 FY24 | 3.0% | −0.8 pts | 3.8% | |
| Q3 FY24 | 4.0% | −0.0 pts | 5.3% | |
| Q2 FY24 | 4.6% | +1.4 pts | 6.1% | |
| Q1 FY24 | 4.8% | +1.9 pts | 6.4% | |
| Q4 FY23 | 3.8% | +0.6 pts | 5.0% |
Against its peers
Companies in Consumer Defensive nearest Boston Beer's size, closest first, today.
| Company | Profit margin |
|---|---|
| SAMBoston Beer | −3.8% |
| PRDOPERDOCEO EDUCATION | 20.6% |
| ANDEAndersons | 1.6% |
| STRAStrategic Education | 10.5% |
| IMKTAIngles Markets | 1.9% |
| JJSFJ&J Snack Foods | 3.2% |
| HWKNHawkins | 7.3% |
| KSSKOHLS | 1.7% |
| UNFIUnited Natural Foods | 0.3% |
| CENTCentral Garden & Pet | 5.4% |
| MZTIMarzetti | 9.9% |
| Peer median | 4.3% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Boston Beer
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.