Boston Beer Company Inc (SAM)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,077,930 | 1,120,780 | 1,087,190 | 1,041,360 | 1,068,550 | 1,073,990 | 1,044,040 | 984,924 | 983,409 | 1,029,380 | 1,084,140 | 1,028,720 | 956,967 | 918,530 | 827,483 | 758,236 | 735,636 | 718,980 | 522,801 | 489,818 |
| ROE | 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% | 14.96% | 16.42% | 21.30% | 21.85% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $76,250K ÷ $1,077,930K
= 7.07%
The return on equity (ROE) for Boston Beer Company Inc has shown some fluctuations over the periods analyzed. ROE is a measure of how effectively the company is using shareholders' equity to generate profit.
The ROE has ranged from a low of -5.63% in June 2022 to a high of 23.26% in March 2021. The trend indicates variability in the company's profitability and efficiency in utilizing shareholders' equity over time.
The recent ROE figures for the company have been relatively stable, with values ranging between 5.79% and 7.40% in the most recent quarters. This suggests a moderate level of profitability and efficiency in using shareholders' equity in the company's operations.
Overall, the analysis of Boston Beer Company Inc's ROE reveals a mix of performance levels over different periods, indicating the company's ability to generate returns for its shareholders has varied. Investors may consider assessing the company's strategies and financial performance in greater detail to gain a deeper understanding of its profitability and efficiency.
Peer comparison
Dec 31, 2023