SAM
The Boston Beer Company, Inc.
NYSEUSDEQUITY
Consumer Defensive
DELAYED
Last price
185.95
▼ 4.87 (2.55%)
MARKET · —
Price
Open
186.99
Prev close
190.82
Day high
186.64
Day low
179.85
Volume
190.65K
Market cap
$1.91B
P/E (TTM)
—
52W range
158.68 – 264.46
Trailing performance
Returnvs SPY
1W
+0.10%
+1.5%
1M
+6.56%
+2.8%
3M
-0.04%
-3.1%
6M
-20.87%
-31.9%
YTD
-4.70%
-17.0%
1Y
-14.83%
-34.8%
3Y
-49.43%
-123.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$1.91B
Enterprise value$1.64B
Revenue (TTM)$1.93B
Gross profit$941.13M
EBITDA$197.42M
Net income$-70.42M
EPS (TTM)$-6.68
Free cash flow$372.62M
Total cash$265.55M
Total debt$31.55M
Book value / share$70.88
Shares outstanding8.22M
Float6.78M
Short % of float21.52%
Dividend yield—
Beta (5Y)0.84
Valuation & profitability ratios
Trailing P/E—
Forward P/E17.68
PEG ratio0.77
Price / sales—
Price / book2.62
EV / revenue0.85
EV / EBITDA8.31
Gross margin48.88%
Operating margin9.33%
Profit margin-3.64%
Return on equity-8.61%
Return on assets5.43%
Debt / equity4.42
Current ratio1.05
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $1.96B | $2.01B | $2.01B | $2.09B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $108.47M | $59.70M | $76.25M | $67.26M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $108.47M | $59.70M | $76.25M | $67.26M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 4.83 | 3.65 | -24.4% |
| Mar 2026 | 1.97 | 1.64 | -16.8% |
| Dec 2025 | -2.51 | -2.12 | +15.6% |
| Sep 2025 | 3.34 | 4.25 | +27.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.34 | 11 | $524.27M | -2.5% |
| Next quarter | -0.83 | 11 | $391.67M | +1.6% |
| Current year | 9.01 | 13 | $1.92B | -2.5% |
| Next year | 10.51 | 13 | $1.93B | +0.8% |
Analyst targets & ownership
Mean target$199.85
High target$295.00
Low target$160.00
Implied upside7.47%
Analyst count13
ConsensusNONE
Strong buy / Buy0 / 1
Hold11
Sell / Strong sell2 / 0
Held by insiders9.34%
Held by institutions109.17%
Institutions holding444
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
941.03K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 27, 26 | FISHER CYNTHIA A Director |
STOCK | 358 | $0 | Direct |
| May 27, 26 | SWANSON CYNTHIA Director |
STOCK | 358 | $0 | Direct |
| May 27, 26 | NEMETH JULIO N Director |
STOCK | 358 | $0 | Direct |
| May 27, 26 | JOYCE MEGHAN V Director |
STOCK | 358 | $0 | Direct |
| May 27, 26 | STONE CHRISTOPHER ISAAC Director |
STOCK | 358 | $0 | Direct |
| May 27, 26 | JORDAN JOSEPH HUGH Director |
STOCK | 358 | $0 | Direct |
| Apr 2, 26 | FISHER CYNTHIA A Director |
CONVERSION | 1.56K | $245.82K | Direct |
| Mar 20, 26 | MURPHY MATTHEW DONAL Officer |
STOCK | 129 | $28.79K | Direct |
| Feb 27, 26 | MURPHY MATTHEW DONAL Officer |
STOCK | 1.76K | $0 | Direct |
| Feb 27, 26 | HEATH TARA L Officer |
STOCK | 2.21K | $0 | Direct |
| Feb 27, 26 | REYNOSO DIEGO Chief Financial Officer |
STOCK | 5.73K | $0 | Direct |
| Feb 27, 26 | CROWLEY MICHAEL R. Officer |
STOCK | 2.21K | $0 | Direct |
| Feb 27, 26 | SAVASTANO PHILIP E Officer |
STOCK | 1.54K | $0 | Direct |
| Feb 27, 26 | BOYNTON LAURA J. Officer |
STOCK | 1.32K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CROWLEY MICHAEL R. |
Officer | 23.42K | Stock Award(Grant) |
FISHER CYNTHIA A |
Director | 210.78K | Stock Award(Grant) |
FRITSCH ANNETTE N |
Officer | 9.71K | Sale |
HEATH TARA L |
Officer | 14.00K | Stock Award(Grant) |
HODGES PHILIP A |
Chief Operating Officer | 46.89K | Stock Award(Grant) |
LYSYJ LESYA |
Officer | 16.89K | Stock Award(Grant) |
O'BOYLE CAROLYN L |
Officer | 13.04K | Stock Award(Grant) |
REYNOSO DIEGO |
Chief Financial Officer | 26.38K | Stock Award(Grant) |
SPILLANE MICHAEL |
Director | 10.88K | Sale |
VALETTE JEAN MICHEL |
Director | 10.90K | Sale |
Moving averages & technicals
SMA 10
184.01
+1.06% from price
SMA 20
184.50
+0.79% from price
SMA 50
180.83
+2.83% from price
SMA 100
195.03
-4.65% from price
SMA 200
204.54
-9.09% from price
EMA 12
184.66
+0.70% from price
EMA 26
183.18
+1.51% from price
EMA 50
184.16
+0.97% from price
RSI (14)
53.0
Neutral
MACD (12,26,9)
1.48
Hist 0.31
ATR (14)
6.55
3.52% of price
Realised vol 30D
38.9%
Annualised
Bollinger upper
189.88
20, 2σ
Bollinger lower
179.12
20, 2σ
50 / 200 cross
Death
180.83 vs 204.54
Trend bias
Below 200
-9.09%
Risk profile
Beta vs SPY
-0.08
Less volatile than market
Correlation to SPY
-0.03
Largely independent
Realised vol 30D
38.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-38.1%
Peak to trough
Max drawdown 5Y
-73.5%
Peak to trough
ATR 14
6.55
3.52% of price
Beta (reported)
0.84
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.55
Call-heavy session
Put / call open interest
0.56
Positioning, not flow
Max pain
180.00
-3.2% from spot
ATM implied vol
45.5%
Nearest strike to spot
Skew (10% OTM)
+7.7%
Puts bid over calls
Call volume
177
Contracts, this expiry
Put volume
97
Contracts, this expiry
Heaviest call OI
180.00
108 contracts
Heaviest put OI
220.00
41 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Boston Beer Drops 17% in 6 Months: Buy the Dip or Sell the Stock?
Zacks · 21h ago
Ingredion Names Diego Reynoso Chief Financial Officer
MT Newswires · 2d ago
Boston Beer CFO Diego Reynoso to Step Down
MT Newswires · 2d ago
The Boston Beer Company Announces CFO Transition
GlobeNewswire · 2d ago
Ghost Face Joins Angry Orchard’s Limited-Edition Thriller Variety Pack in New Scream Franchise Collaboration
GlobeNewswire · 3d ago
Bear of the Day: Boston Beer Company (SAM)
Zacks · 4d ago
Boston Beer (SAM) Stock Trades Down, Here Is Why
StockStory · 5d ago
2 Unprofitable Stocks for Long-Term Investors and 1 Facing Challenges
StockStory · 5d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.