Boston Beer annual operating margin
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2025
Boston Beer Operating Margin Growth & History (SAM)
Boston Beer's operating margin was 6.94% for fiscal 2025.
View full Boston Beer company overviewBoston Beer annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-27 | 6.94% | +3.39 pp |
| 2024 | 2024-12-28 | 3.55% | −1.13 pp |
| 2023 | 2023-12-30 | 4.69% | +0.60 pp |
| 2022 | 2022-12-31 | 4.08% | +3.72 pp |
| 2021 | 2021-12-25 | 0.36% | −12.82 pp |
| 2020 | 2020-12-26 | 13.19% | +2.28 pp |
| 2019 | 2019-12-28 | 10.90% | −0.06 pp |
| 2018 | 2018-12-29 | 10.96% | −1.59 pp |
| 2017 | 2017-12-30 | 12.55% | −1.66 pp |
| 2016 | 2016-12-31 | 14.21% | −2.06 pp |
| 2015 | 2015-12-26 | 16.27% | +0.04 pp |
| 2014 | 2014-12-27 | 16.23% | +0.93 pp |
| 2013 | 2013-12-28 | 15.30% | −1.17 pp |
| 2012 | 2012-12-29 | 16.47% | −3.73 pp |
| 2011 | 2011-12-31 | 20.21% | +2.70 pp |
| 2010 | 2010-12-25 | 17.50% | +4.43 pp |
| 2009 | 2009-12-26 | 13.08% | — |
Boston Beer quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-27 | 11.64% | −1.48 pp |
| Q1 2026 | 2026-03-28 | −41.26% | −48.28 pp |
| Q4 2025 | 2025-12-27 | −8.07% | +4.98 pp |
| Q3 2025 | 2025-09-27 | 10.86% | +3.72 pp |
| Q2 2025 | 2025-06-28 | 13.12% | +1.59 pp |
| Q1 2025 | 2025-03-29 | 7.02% | +3.62 pp |
| Q4 2024 | 2024-12-28 | −13.05% | −6.84 pp |
| Q3 2024 | 2024-09-28 | 7.14% | −2.48 pp |
| Q2 2024 | 2024-06-29 | 11.53% | −0.69 pp |
| Q1 2024 | 2024-03-30 | 3.40% | +6.60 pp |
| Q4 2023 | 2023-12-30 | −6.21% | −2.68 pp |
| Q3 2023 | 2023-09-30 | 9.62% | +3.57 pp |
| Q2 2023 | 2023-07-01 | 12.22% | +1.32 pp |
| Q1 2023 | 2023-04-01 | −3.20% | −2.73 pp |
| Q4 2022 | 2022-12-31 | −3.53% | +15.99 pp |
| Q3 2022 | 2022-09-24 | 6.05% | +18.68 pp |
| Q2 2022 | 2022-06-25 | 10.90% | −1.59 pp |
| Q1 2022 | 2022-03-26 | −0.47% | −13.64 pp |
| Q4 2021 | 2021-12-25 | −19.52% | −28.06 pp |
| Q3 2021 | 2021-09-25 | −12.63% | −32.01 pp |
| Q2 2021 | 2021-06-26 | 12.49% | −3.88 pp |
| Q1 2021 | 2021-03-27 | 13.17% | +7.05 pp |
| Q4 2020 | 2020-12-26 | 8.54% | +3.01 pp |
| Q3 2020 | 2020-09-26 | 19.38% | +4.52 pp |
| Q2 2020 | 2020-06-27 | 16.37% | +5.17 pp |
| Q1 2020 | 2020-03-28 | 6.11% | −4.89 pp |
| Q4 2019 | 2019-12-28 | 5.53% | −6.53 pp |
| Q3 2019 | 2019-09-28 | 14.86% | +0.56 pp |
| Q2 2019 | 2019-06-29 | 11.20% | +0.47 pp |
| Q1 2019 | 2019-03-30 | 11.00% | +6.43 pp |
| Q4 2018 | 2018-12-29 | 12.06% | +6.07 pp |
| Q3 2018 | 2018-09-29 | 14.30% | −5.20 pp |
| Q2 2018 | 2018-06-30 | 10.73% | −7.54 pp |
| Q1 2018 | 2018-03-31 | 4.58% | +2.09 pp |
| Q4 2017 | 2017-12-30 | 5.99% | −6.18 pp |
| Q3 2017 | 2017-09-30 | 19.50% | −0.36 pp |
| Q2 2017 | 2017-07-01 | 18.27% | +1.20 pp |
| Q1 2017 | 2017-04-01 | 2.49% | −3.46 pp |
| Q4 2016 | 2016-12-31 | 12.18% | −0.07 pp |
| Q3 2016 | 2016-09-24 | 19.85% | −0.92 pp |
| Q2 2016 | 2016-06-25 | 17.07% | −1.49 pp |
| Q1 2016 | 2016-03-26 | 5.95% | −5.15 pp |
| Q4 2015 | 2015-12-26 | 12.24% | −2.47 pp |
| Q3 2015 | 2015-09-26 | 20.77% | −1.71 pp |
| Q2 2015 | 2015-06-27 | 18.56% | +1.08 pp |
| Q1 2015 | 2015-03-28 | 11.10% | +3.81 pp |
| Q4 2014 | 2014-12-27 | 14.71% | +0.53 pp |
| Q3 2014 | 2014-09-27 | 22.48% | +2.97 pp |
| Q2 2014 | 2014-06-28 | 17.48% | −0.19 pp |
| Q1 2014 | 2014-03-29 | 7.28% | +0.16 pp |
| Q4 2013 | 2013-12-28 | 14.18% | −3.46 pp |
| Q3 2013 | 2013-09-28 | 19.52% | −0.49 pp |
| Q2 2013 | 2013-06-29 | 17.67% | +1.78 pp |
| Q1 2013 | 2013-03-30 | 7.13% | −3.33 pp |
| Q4 2012 | 2012-12-29 | 17.64% | −0.47 pp |
| Q3 2012 | 2012-09-29 | 20.01% | +0.42 pp |
| Q2 2012 | 2012-06-30 | 15.89% | −17.64 pp |
| Q1 2012 | 2012-03-31 | 10.45% | +4.01 pp |
| Q4 2011 | 2011-12-31 | 18.11% | — |
| Q3 2011 | 2011-09-24 | 19.59% | — |
| Q2 2011 | 2011-06-25 | 33.54% | — |
| Q1 2011 | 2011-03-26 | 6.45% | — |
Boston Beer operating margin trends
Over the last five reported fiscal years, Boston Beer's operating margin decreased from 13.19% to 6.94%, a change of −6.25 percentage points. The latest reported quarter, Q2 2026, shows 11.64%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Boston Beer filings at SEC.gov ↗