Boston Beer Company Inc (SAM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 893,732 | 880,943 | 875,350 | 883,055 | 852,369 | 869,986 | 853,084 | 844,696 | 861,986 | 796,250 | 711,200 | 721,114 | 797,792 | 914,285 | 982,174 | 916,109 | 814,452 | 740,971 | 688,221 | 637,599 |
| Revenue (ttm) | US$ in thousands | 2,012,926 | 2,004,349 | 2,000,471 | 2,024,677 | 2,008,625 | 2,062,428 | 2,057,282 | 2,070,221 | 2,090,334 | 1,990,903 | 1,956,093 | 1,942,655 | 2,057,622 | 2,170,465 | 2,101,614 | 1,950,947 | 1,736,432 | 1,576,795 | 1,462,469 | 1,328,738 |
| Gross profit margin | 44.40% | 43.95% | 43.76% | 43.61% | 42.44% | 42.18% | 41.47% | 40.80% | 41.24% | 39.99% | 36.36% | 37.12% | 38.77% | 42.12% | 46.73% | 46.96% | 46.90% | 46.99% | 47.06% | 47.99% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $893,732K ÷ $2,012,926K
= 44.40%
The gross profit margin of Boston Beer Company Inc has shown fluctuations over the past few years. Starting at around 48% in March 2020, the margin gradually decreased to 37.12% in March 2022 before recovering and trending upwards. There was a significant drop in September 2021 to 42.12%, followed by a further decline to 38.77% in December 2021. However, the company managed to improve its gross profit margin from that point onwards, reaching 44.40% by December 2024. This indicates that the company has made efforts to enhance its efficiency in managing production costs and pricing strategies to improve profitability.
Peer comparison
Dec 31, 2024