SAM
The Boston Beer Company, Inc.
SAM lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
SAM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Stable | |
| Strong |
SAM's balance sheet is currently strong, and its revenue and cash flow are stable, but its profitability is weak.
SAM PE Valuation
SAM has no meaningful PE right now: it lost money over the past year.
SAM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect SAM's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
SAM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.51 | — |
| Q3 2026 | -$6.68 | -177% |
| Q2 2026 | -$6.64 | -192% |
| Q1 2026 | -$6.15 | -200% |
| Q4 2025 | $9.89 | +95% |
| Q3 2025 | $8.63 | +27% |
| Q2 2025 | $7.24 | -5.4% |
| Q1 2025 | $6.18 | -23% |
| Q4 2024 | $5.06 | -19% |
SAM has swung to a loss: it lost $6.68 per share over the past year, after a profit the year before.
SAM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $520.1M | -3.2% |
| Q2 2026 | $568.3M | -3.3% |
| Q1 2026 | $433.9M | -4.4% |
| Q4 2025 | $385.7M | -4.1% |
| Q3 2025 | $537.5M | -11% |
| Q2 2025 | $587.9M | +1.5% |
| Q1 2025 | $453.9M | +6.5% |
| Q4 2024 | $402.3M | +2.2% |
SAM's revenue fell from its 2022 peak and has held roughly level since: $520M last quarter, down 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -0.7 points |
| Q2 2026 | 12% | -1.5 points |
| Q1 2026 | -44% | -51 points |
| Q4 2025 | -8.6% | +5.4 points |
| Q3 2025 | 12% | +4 points |
| Q2 2025 | 14% | +1.7 points |
| Q1 2025 | 7.4% | +3.8 points |
| Q4 2024 | -14% | -7.3 points |
SAM's operating margin was 11% last quarter, down 0.7 points from the same quarter a year ago.
SAM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $68.3M | -24% |
| Q2 2026 | $127.5M | +14% |
| Q1 2026 | -$32.8M | -$24.8M |
| Q4 2025 | $22.1M | +20% |
| Q3 2025 | $89.2M | -10% |
| Q2 2025 | $112.2M | +48% |
| Q1 2025 | -$8M | +$12.6M |
| Q4 2024 | $18.4M | +5.5% |
SAM generated $185M in free cash flow over the past year, down 13% from the year before.
SAM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -134K shares |
| 1 year | -5.6% | -606K shares |
| 3 years | -16% | -2M shares |
| 5 years | -17% | -2.1M shares |
| Available history | -14% | -1.7M shares |
SAM has 10M diluted shares, down 5.6% from a year ago, with $125M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25.4M |
| Q2 2026 | $26.6M |
| Q1 2026 | $23.3M |
| Q4 2025 | $50M |
| Q3 2025 | $50.8M |
| Q2 2025 | $52.2M |
| Q1 2025 | $49.4M |
| Q4 2024 | $62.7M |
SAM spent $125M buying back its own shares over the past year, down 42% from the year before.
SAM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -16.7x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -0.8x | Net Cash |
| Q4 2024 | -1.3x | Net Cash |
| Q3 2024 | -1.3x | Net Cash |
| Q2 2024 | -1.0x | Net Cash |
SAM has more cash than debt.
SAM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.6 | Neutral |
| Stochastic | 86.2 | Overbought |
SAM's weekly RSI is 64 (neutral) and its Stochastic is 86 (overbought).
SAM PE vs Consumer Defensive Sector
| Metric | SAM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
SAM has no meaningful PE right now: it lost money over the past year.
SAM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $190.8 | 15% above |
| 20 week MA | $184.2 | 19% above |
| 50 week MA | $201.0 | 9.3% above |
| 100 week MA | $214.9 | 2.2% above |
| 200 week MA | $267.8 | 18% below |
SAM has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 18% below its 200-week average.
SAM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $378.8 | $1,014.9 | +168% |
| 2021 | $1,014.9 | $524.9 | -48% |
| 2022 | $524.9 | $336.0 | -36% |
| 2023 | $336.0 | $345.6 | +2.8% |
| 2024 | $345.6 | $301.1 | -13% |
| 2025 | $301.1 | $197.1 | -35% |
| 2026 YTD | $197.1 | $219.6 | +11% |
SAM's yearly returns have swung widely, from +168% in 2020 to −48% in 2021. It's up 11% so far in 2026.