The Boston Beer Company, Inc.

SAMNYSEConsumer Defensive● Active

$170.08

+$5.36(+3.25%)

Market Cap$1.8B

P/E Ratio—

52W High$264.46

52W Low$162.02

Avg Volume242K

Open$163.60

Beta0.79

Overview

The Boston Beer Company, Inc. (SAM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SAM · free cash flow · updated Jun 8, 2026

Core FCF metrics

SAM · FCF · TTM · margin & CAGR

Free cash flow was $215.6M for FY2025 (fiscal year ending 2025-12-27), up 24.9% year-over-year The FCF margin was 10.3%. Five-year CAGR stands at +13.7%.

FY2025 Free Cash Flow$215.6M▲ +24.9% YoY

Trailing 12M (TTM)$190.8Mtrailing 4 quarters sum

FCF Margin10.3%$215.6M ÷ revenue

3-Year CAGR+25.4%FY2022 → FY2025

5-Year CAGR+13.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SAM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$270.2M(55M)$215.6M▲ +24.9%10.3%

FY2024$248.9M(76M)$172.6M▼ 14.1%8.6%

FY2023$265.2M(64M)$201.1M▲ +83.9%10.0%

FY2022$199.9M(91M)$109.4M▲ +219.4%5.2%

FY2021$56.3M(148M)−$91.6M▼ 180.8%-4.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SAM · P/FCF · FCF yield · FCF per share

The Boston Beer Company, Inc. (SAM) trades at a FCF yield of 10.46% and a price-to-free-cash-flow ratio of 9.5x. FCF per share stands at $17.96, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.46%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$17.96

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-27

Cash flow statement summary

SAM · cash flow statement · operating / investing / financing

For FY2025, The Boston Beer Company, Inc. generated $270.2M in operating cash flow and spent 55M in capital expenditures, yielding $215.6M in free cash flow.

Operating Activities

+$270.2M

Cash from core business operations

2025-12-27

Investing Activities

−$54.5M

CapEx, acquisitions & investments

2025-12-27

Financing Activities

−$204.1M

Buybacks, dividends & debt

2025-12-27

FCF FormulaOperating CF ($270.2M) − |CapEx| (55M) = FCF ($215.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

SAM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Boston Beer Company, Inc.YOU

SAM

$215.6M+24.9%10.3%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Boston Beer Company, Inc. (SAM) reported free cash flow of $215.6M for FY2025 (fiscal year ending 2025-12-27), up 24.9% year-over-year. The FCF margin was 10.3%.

Based on available data, The Boston Beer Company, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $215.6M in FY2025. The 5-year CAGR stands at +13.7%.

The Boston Beer Company, Inc.'s FCF yield is 10.46% and price-to-FCF ratio is 9.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SAM free cash flow · 8 questions

The Boston Beer Company, Inc. free cash flow was $215.6M for FY2025, up 24.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $190.8M.

SAM free cash flowSAM FCFSAM FCF 2025SAM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Boston Beer Company, Inc. · The Boston Beer Company, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026