Boston Beer Company Inc (SAM)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 1,250,020 | 1,429,990 | 1,420,770 | 1,386,780 | 1,378,820 |
| ROA | 4.78% | 5.33% | 4.73% | 1.05% | 13.92% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $59,695K ÷ $1,250,020K
= 4.78%
The return on assets (ROA) of Boston Beer Company Inc has shown fluctuations over the years based on the provided data. In December 2020, the ROA stood at 13.92%, indicating the company generated $0.1392 in profit for every dollar of assets. However, the ROA dropped significantly to 1.05% by December 2021, suggesting a notable decline in the company's ability to generate profit from its assets.
Subsequently, there was a moderate improvement in ROA to 4.73% in December 2022, followed by a slight increase to 5.33% in December 2023. These improvements suggest that the company was able to enhance its profitability relative to its asset base during these periods.
In the most recent year ending December 31, 2024, the ROA decreased slightly to 4.78%. While still above the 2021 level, this indicates a slight dip in profitability from the previous year. Overall, the fluctuations in Boston Beer Company Inc's ROA demonstrate varying levels of efficiency in utilizing its assets to generate profits over the analyzed period.
Peer comparison
Dec 31, 2024