Company / Gross Margin
Boston Beer Company Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
48.5%
FY2025
5-year range
38.8% / 48.5%
FY2021-FY2025
Trend
+9.2%
vs FY2024
Sector context
#17 of 64
Consumer Staples
What the data says
At 48.5%, Boston Beer Company's gross margin ranks #17 of 64 in the Consumer Staples sector. Gross Margin has increased for 4 consecutive years, from 38.8% in FY2021 to 48.5% in FY2025.
Based on SEC 10-K filings.
48.5% in FY2025 with a 5-year CAGR of +1.6%.
Improved from 42.4% to 48.5% over the past 2 years.
Consumer Staples sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +7.2pp
- 5-Year Change
- +1.6pp
- 10-Year Change
- -
Sector benchmark
#17 of 64 in Consumer StaplesTop 27% of 64This company 48.5% Sector average 35.5%
▼
+36.7% above sector average
Key checks
Key Insights
- Boston Beer Company's gross margin has grown for 4 consecutive years.
- In FY2025, gross margin increased 9.2% year-over-year.
- Currently 13.0pp above the Consumer Staples sector average.
- Peak gross margin was recorded in FY2017.
Company context
Key Data Points
- Altman Z-Score 3.25 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 48.5% | +9.2% |
| FY2024 | 44.4% | +4.6% |
| FY2023 | 42.4% | +2.9% |
| FY2022 | 41.2% | +6.4% |
| FY2021 | 38.8% | -17.3% |
| FY2020 | 46.9% | -4.6% |
| FY2019 | 49.1% | -4.5% |
| FY2018 | 51.4% | -1.3% |
| FY2017 | 52.1% | +2.8% |
| FY2016 | 50.7% | -3.0% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026