Boston Beer (SAM) Gross Margin (2010 - 2026)
Boston Beer (SAM) recorded Gross Margin of 47.12% in Q2 2026, up 0.35 percentage points from 46.77% a year earlier and up 0.76 percentage points from the prior quarter.
Boston Beer (SAM) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Boston Beer's Gross Margin came in at 45.91% as of Jun 27, 2026, up 2.17 percentage points year-over-year; for FY2025, it came in at 45.64%, up 3.83 percentage points from FY2024.
- Annual Gross Margin has increased for four straight years, with a five-year change of +1.66 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 41.81% in FY2024 (+1.85 pp), 39.96% in FY2023 (+1.17 pp), 38.78% in FY2022 (+2.46 pp) and 36.32% in FY2021 (-7.66 pp).
- Quarterly Gross Margin has ranged from 26.70% in Q4 2021 to 47.79% in Q3 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for 13 consecutive quarters, with an average year-over-year change of +2.41 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 11.85 percentage points in Q3 2022, against a drop of 20.22 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.35% (Q1 2026), 41.00% (Q4 2025) and 47.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 398.97 Bn | 385.45 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 198.32 Bn | 198.32 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 183.05 Bn | 140.81 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 91.82 Bn | 80.07 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.07 Bn | 32.14 Bn | - | - |
| 6 | Ambev | 51.77 Bn | 37.06 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 51.43 Bn | 44.10 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.71 Bn | 42.75 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.61 Bn | 22.16 Bn | 1.39 Bn | 49.46% |
| 10 | Boston Beer | 1.91 Bn | 1.01 Bn | 286.37 Mn | 47.12% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 47.12% |
| Mar 28, 2026 | 46.35% |
| Dec 27, 2025 | 41.00% |
| Sep 27, 2025 | 47.79% |
| Jun 28, 2025 | 46.77% |
| Mar 29, 2025 | 45.55% |
| Dec 28, 2024 | 37.43% |
| Sep 28, 2024 | 43.64% |
| Jun 29, 2024 | 43.38% |
| Mar 30, 2024 | 41.21% |
| Dec 30, 2023 | 35.43% |
| Sep 30, 2023 | 42.95% |
| Jul 1, 2023 | 42.75% |
| Apr 1, 2023 | 35.77% |
| Dec 31, 2022 | 34.77% |
| Sep 24, 2022 | 40.63% |
| Jun 25, 2022 | 40.57% |
| Mar 26, 2022 | 37.82% |
| Dec 25, 2021 | 26.70% |
| Sep 25, 2021 | 28.78% |
Boston Beer Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();