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