THE BOSTON BEER COMPANY, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 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% |
| FY2021 | 38.8% | 0.4% | 0.7% |
| FY2022 | 41.2% | 4.3% | 3.2% |
| FY2023 | 42.4% | 5.0% | 3.8% |
| FY2024 | 44.4% | 3.8% | 3.0% |
| FY2025 | 48.5% | 7.4% | 5.5% |