Boston Beer Company Inc (SAM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 59,695 | 76,250 | 67,263 | 14,553 | 191,960 |
| Revenue | US$ in thousands | 2,012,930 | 2,008,620 | 2,090,330 | 2,057,620 | 1,736,430 |
| Net profit margin | 2.97% | 3.80% | 3.22% | 0.71% | 11.05% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $59,695K ÷ $2,012,930K
= 2.97%
The net profit margin of Boston Beer Company Inc has shown fluctuations over the past five years. In December 2020, the net profit margin was 11.05%, indicating that the company was able to retain 11.05% of its total revenue as profit after all expenses were deducted. However, in December 2021, the net profit margin significantly decreased to 0.71%, suggesting a sharp decline in profitability.
Over the following years, the net profit margin saw slight improvements, reaching 3.22% in December 2022 and 3.80% in December 2023. Despite these increases, the margin remained below the level recorded in December 2020. In December 2024, the net profit margin dipped slightly to 2.97%.
The fluctuating net profit margins of Boston Beer Company Inc indicate variability in the company's ability to generate profits relative to its total revenue. Factors such as changes in expenses, pricing strategies, and competition may have contributed to these fluctuations. It is important for the company to closely monitor and manage its costs and revenue streams to maintain a healthy and sustainable level of profitability in the future.
Peer comparison
Dec 31, 2024