THE BOSTON BEER COMPANY, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 55.5% | 20.2% | 12.9% |
| FY2012 | 54.3% | 16.5% | 10.2% |
| FY2013 | 52.1% | 15.3% | 9.5% |
| FY2014 | 51.5% | 16.2% | 10.0% |
| FY2015 | 52.3% | 16.3% | 10.3% |
| FY2016 | 50.7% | 15.2% | 9.6% |
| FY2017 | 52.1% | 13.4% | 11.5% |
| FY2018 | 51.4% | 11.6% | 9.3% |
| FY2019 | 49.1% | 11.6% | 8.8% |
| FY2020 | 46.9% | 14.1% | 11.1% |