Boston Beer Company Inc (SAM)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 76,250 | 82,957 | 64,948 | 60,262 | 67,263 | 26,895 | -58,812 | -52,966 | 14,554 | 99,156 | 238,345 | 239,291 | 191,960 | 172,905 | 136,866 | 104,581 | 110,041 | 118,090 | 111,368 | 107,047 |
| Total assets | US$ in thousands | 1,429,990 | 1,516,890 | 1,492,550 | 1,392,510 | 1,420,770 | 1,530,700 | 1,480,470 | 1,390,000 | 1,386,780 | 1,463,530 | 1,560,950 | 1,464,170 | 1,378,820 | 1,312,340 | 1,208,250 | 1,193,560 | 1,054,060 | 1,016,180 | 813,330 | 704,020 |
| ROA | 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% | 10.44% | 11.62% | 13.69% | 15.21% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $76,250K ÷ $1,429,990K
= 5.33%
The return on assets (ROA) of Boston Beer Company Inc has fluctuated over the past several quarters, ranging from a low of -3.97% in June 2022 to a high of 16.34% in March 2021. The ROA is a measure of how efficiently the company is using its assets to generate earnings, with higher percentages indicating better asset utilization.
The recent ROA figures show a positive trend, with the company experiencing a gradual improvement from negative values in 2022 to positive values in 2023. This indicates that Boston Beer Company Inc has been able to enhance its profitability in relation to its total assets in the past few quarters.
The company's ROA peaked in the first half of 2021 but has since declined and fluctuated. Investors and analysts may want to monitor Boston Beer Company Inc's asset management strategies and profitability to assess the sustainability of its ROA performance in the future.
Peer comparison
Dec 31, 2023