Boston Beer Company Inc (SAM)

Pretax margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 109,588 116,390 90,557 81,321 91,436 33,533 -81,157 -71,940 6,910 122,730 301,137 299,558 244,230 219,197 176,180 135,777 144,370 155,815 139,388 132,420
Revenue (ttm) US$ in thousands 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 1,249,824 1,173,746 1,102,150 1,056,843
Pretax margin 5.46% 5.64% 4.40% 3.93% 4.37% 1.68% -4.15% -3.70% 0.34% 5.65% 14.33% 15.35% 14.07% 13.90% 12.05% 10.22% 11.55% 13.28% 12.65% 12.53%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $109,588K ÷ $2,008,625K
= 5.46%

The pretax margin of Boston Beer Company Inc has shown fluctuations over the past few quarters, ranging from negative figures to double-digit percentages.

In the most recent quarter, the pretax margin stood at 5.46%, which indicates the company's ability to generate profits before accounting for taxes relative to its total revenue. This figure is slightly lower compared to the previous quarter (5.64%), suggesting a minor decrease in profitability.

The trend over the past year indicates some volatility in the company's profitability, with peaks in profitability in the middle of the year gradually decreasing towards the end of the year.

Overall, Boston Beer Company Inc's pretax margin has shown variability, and a thorough analysis of the underlying factors driving these fluctuations would be necessary to assess the company's financial performance accurately.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Boston Beer Company Inc
SAM
5.46%
Molson Coors Brewing Co Class B
TAP
4.89%