Boston Beer Company Inc (SAM)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 59,695 80,326 92,107 97,803 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
Total assets US$ in thousands 1,250,020 1,381,990 1,435,450 1,384,190 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
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $59,695K ÷ $1,250,020K
= 4.78%

Boston Beer Company Inc's return on assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates an initial increase in ROA from 8.76% in March 2020 to a peak of 16.34% in March 2021. However, after reaching this peak, the ROA started to decline. By September 2021, the ROA had dropped significantly to 6.78%, and further decreased to 1.05% by December 2021.

The downward trend continued into the first half of 2022, with negative ROA figures recorded in March and June 2022. However, the company managed to recover slightly in the second half of 2022, with ROA figures turning positive. From September 2022 to December 2024, the ROA remained relatively stable, fluctuating between 4.78% and 7.07%.

Overall, the ROA performance of Boston Beer Company Inc reflected a period of initial growth followed by a decline and subsequent stabilization. It is important for investors and stakeholders to closely monitor these trends to assess the company's efficiency in generating profits relative to its total assets.


Peer comparison

Dec 31, 2024

Company name
Symbol
ROA
Boston Beer Company Inc
SAM
4.78%
Molson Coors Brewing Co Class B
TAP
3.60%