Boston Beer Company Inc (SAM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 75,973 | 100,001 | 90,791 | 7,997 | 244,207 |
| Total assets | US$ in thousands | 1,250,020 | 1,429,990 | 1,420,770 | 1,386,780 | 1,378,820 |
| Operating ROA | 6.08% | 6.99% | 6.39% | 0.58% | 17.71% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $75,973K ÷ $1,250,020K
= 6.08%
Analyzing Boston Beer Company Inc's operating return on assets (operating ROA) over the past five years shows fluctuations in performance. In December 2020, the operating ROA stood at 17.71%, indicating strong efficiency in generating operating profits relative to its assets. However, by December 2021, the operating ROA had decreased significantly to 0.58%, suggesting a substantial decline in profitability efficiency.
Over the subsequent years, there was a gradual improvement in operating ROA. By December 2022, the ratio had increased to 6.39%, highlighting a recovery in the company's ability to generate operating profits from its assets. This positive trend continued, with the operating ROA reaching 6.99% by December 2023, showcasing further improvement in efficiency.
However, in December 2024, the operating ROA slightly decreased to 6.08%, indicating a minor setback in the company's profitability efficiency compared to the previous year.
Overall, the analysis of Boston Beer Company Inc's operating ROA suggests varying levels of efficiency in utilizing its assets to generate operating profits over the past five years, with notable fluctuations in performance.
Peer comparison
Dec 31, 2024