THE BOSTON BEER COMPANY, INC. (SAM) Return on equity 2016–2025
THE BOSTON BEER COMPANY, INC. (SAM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
12.9%FY2025 · since FY2016: 19.6% → 12.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 12.9% | +6.4 pp |
| FY2024 | 6.5% | -0.6 pp |
| FY2023 | 7.1% | +0.8 pp |
| FY2022 | 6.3% | +4.8 pp |
| FY2021 | 1.5% | -18.6 pp |
| FY2020 | 20.1% | +5.1 pp |
| FY2019 | 15.0% | -5.2 pp |
| FY2018 | 20.1% | -3.3 pp |
| FY2017 | 23.4% | +3.8 pp |
| FY2016 | 19.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice