Boston Beer (SAM) Gross Margin (2010 - 2026)
Boston Beer (SAM) recorded Gross Margin of 48.44% in Q3 2026, up 0.65 percentage points from 47.79% a year earlier and up 1.32 percentage points from the prior quarter.
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Analysis
Boston Beer (SAM) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Boston Beer's Gross Margin came in at 46.08% as of Sep 26, 2026, up 1.21 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).
- The Q3 2026 figure is the highest quarterly Gross Margin since Q3 2019.
- On a year-over-year basis, Gross Margin has increased for 14 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 47.12% (Q2 2026), 46.35% (Q1 2026) and 41.00% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 412.33 Bn | 398.65 Bn | 8.45 Bn | 63.15% |
| 2 | Diageo | 224.48 Bn | 204.55 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 196.47 Bn | 196.47 Bn | 2.15 Bn | 46.52% |
| 4 | Pepsico | 194.87 Bn | 152.63 Bn | 13.75 Bn | 54.42% |
| 5 | Monster Beverage | 88.79 Bn | 77.05 Bn | 1.42 Bn | 55.95% |
| 6 | Coca-Cola Europacific Partners | 53.69 Bn | 46.36 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.06 Bn | 46.11 Bn | 3.07 Bn | 41.95% |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | 50.97% |
| 9 | Constellation Brands | 24.84 Bn | 24.39 Bn | 1.39 Bn | 49.46% |
| 10 | Boston Beer | 2.24 Bn | 1.28 Bn | 269.08 Mn | 48.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 48.44% |
| 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% |
API Access
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_KEYimport 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();