Boston Beer Company Inc (SAM)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 3.77% | 5.29% | 6.09% | 6.39% | 4.98% | 5.29% | 4.18% | 3.82% | 4.34% | 1.74% | -4.06% | -3.64% | 0.39% | 5.67% | 14.30% | 15.34% | 14.06% | 13.94% | 12.16% | 10.31% |
| 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% |
| Net profit margin | 2.97% | 4.01% | 4.60% | 4.83% | 3.80% | 4.02% | 3.16% | 2.91% | 3.22% | 1.35% | -3.01% | -2.73% | 0.71% | 4.57% | 11.34% | 12.27% | 11.05% | 10.97% | 9.36% | 7.87% |
The profitability ratios of Boston Beer Company Inc show some fluctuations over the given period.
- Gross profit margin has generally decreased from around 47% in March 2020 to approximately 44% by the end of December 2024. This indicates a decline in the company's ability to generate profits after accounting for the cost of goods sold.
- Operating profit margin experienced significant volatility, initially increasing from 10.31% in March 2020 to a peak of 15.34% in March 2021 before dropping to 3.77% by December 2024. This suggests fluctuations in the company's operating efficiency and cost management over the period.
- Pretax margin followed a similar trend to the operating profit margin, peaking at 15.35% in March 2021 and then declining to 4.35% by December 2024. This ratio reflects the company's ability to generate profits before accounting for taxes.
- Net profit margin also exhibited fluctuations, increasing from 7.87% in March 2020 to a peak of 12.27% in March 2021 before declining to 2.97% by December 2024. This ratio represents the company's bottom-line profitability after all expenses have been deducted.
Overall, the company's profitability ratios show a mixed performance with periods of growth followed by declines. Investors and analysts may want to investigate the factors contributing to these fluctuations to assess the company's long-term profitability and financial health.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.08% | 7.68% | 8.48% | 9.34% | 6.99% | 7.19% | 5.76% | 5.67% | 6.39% | 2.26% | -5.37% | -5.09% | 0.58% | 8.41% | 19.26% | 20.44% | 17.71% | 16.75% | 14.72% | 11.48% |
| Return on assets (ROA) | 4.78% | 5.81% | 6.42% | 7.07% | 5.33% | 5.47% | 4.35% | 4.33% | 4.73% | 1.76% | -3.97% | -3.81% | 1.05% | 6.78% | 15.27% | 16.34% | 13.92% | 13.18% | 11.33% | 8.76% |
| Return on total capital | 8.29% | 10.46% | 11.70% | 12.35% | 9.28% | 9.74% | 7.91% | 7.59% | 8.50% | 3.23% | -7.61% | -7.18% | 0.81% | 11.95% | 27.73% | 29.09% | 25.52% | 23.93% | 21.49% | 18.07% |
| Return on equity (ROE) | 6.52% | 7.92% | 8.85% | 9.34% | 7.07% | 7.40% | 5.97% | 5.79% | 6.29% | 2.50% | -5.63% | -5.38% | 1.48% | 9.63% | 21.98% | 23.26% | 20.06% | 18.82% | 16.54% | 13.79% |
The profitability ratios of Boston Beer Company Inc have shown fluctuations over the period analyzed. The Operating Return on Assets (Operating ROA) has ranged from a high of 20.44% in March 2021 to a low of -5.37% in June 2022, with a slight recovery to 9.34% by March 2024.
Similarly, the Return on Assets (ROA) has varied from a peak of 16.34% in March 2021 to a low of -3.97% in June 2022, eventually improving to 7.07% by March 2024.
The Return on Total Capital peaked at 29.09% in March 2021 and bottomed out at -7.61% in June 2022, before rebounding to 12.35% by March 2024.
Lastly, the Return on Equity (ROE) also saw fluctuations from a high of 23.26% in March 2021 to a low of -5.63% in June 2022, recovering to 9.34% by March 2024.
Overall, the profitability ratios reflect a pattern of volatility but with signs of recovery towards the end of the period analyzed.