Boston Beer Company Inc (SAM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 87,602 | 119,048 | 134,017 | 140,799 | 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 |
| 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 |
| Pretax margin | 4.35% | 5.94% | 6.70% | 6.95% | 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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $87,602K ÷ $2,012,926K
= 4.35%
The pretax margin of Boston Beer Company Inc has fluctuated over the reported periods, displaying both positive and negative trends. The company's pretax margin increased steadily from 10.22% in March 2020 to a peak of 15.35% in March 2021, suggesting an improvement in profitability. However, the pretax margin declined gradually from that point, reaching a low of -4.15% in June 2022 before rebounding to 6.95% in March 2024.
Overall, the pretax margin experienced volatility during the analyzed period, indicating potential challenges in maintaining consistent profitability levels. It is important for stakeholders to closely monitor the company's financial performance and assess strategies to sustain or enhance profitability in the future.
Peer comparison
Dec 31, 2024