The Boston Beer Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Cash & Equivalents	223.38	211.82	298.49	180.56	26.85
Cash & Short-Term Investments	223.38	211.82	298.49	180.56	26.85
Cash Growth	5.46%	-29.04%	65.31%	572.40%	-83.55%
Accounts Receivable	57.09	61.42	67	56.67	55.02
Other Receivables	24.26	6.68	1.71	10.13	53.42
Receivables	81.35	68.1	68.71	66.8	108.44
Inventory	92.53	117.16	115.77	148.45	149.12
Prepaid Expenses	17.5	17.29	15.88	23.68	19.98
Restricted Cash	-	-	-	-	39.47
Other Current Assets	2.82	2.92	4.66	3.78	1.48
Total Current Assets	417.58	417.29	503.51	423.27	345.34
Property, Plant & Equipment	608.35	644.08	678.07	711.68	717.59
Goodwill	112.53	112.53	112.53	112.53	112.53
Other Intangible Assets	14.75	16.45	59.64	76.32	103.68
Other Long-Term Assets	29.16	42.94	76.24	96.97	107.65
Total Assets	1,194	1,250	1,430	1,421	1,387
Accounts Payable	94.98	87.28	87.25	84.25	85.92
Accrued Expenses	74.57	70.66	68.4	50.36	66.94
Current Portion of Leases	13.87	7.64	10.37	9.8	9.23
Current Income Taxes Payable	6.25	7.44	6.76	7.23	7.34
Current Unearned Revenue	13.34	11.3	8.9	6.84	8.05
Other Current Liabilities	49.53	47.31	41.63	45.79	77.62
Total Current Liabilities	252.53	231.63	223.29	204.27	255.11
Long-Term Leases	25.12	31.14	37.61	45.8	55.31
Long-Term Deferred Tax Liabilities	64.79	65.8	85.72	96.59	87.5
Other Long-Term Liabilities	4.88	5.26	5.44	5.57	5.47
Total Liabilities	347.32	333.83	352.06	352.22	403.38
Common Stock	0.11	0.11	0.12	0.12	0.12
Additional Paid-In Capital	698.81	676.45	656.3	629.52	611.62
Retained Earnings	147.74	240.32	421.57	439.12	371.86
Comprehensive Income & Other	-0.38	-0.7	-0.06	-0.21	-0.19
Shareholders' Equity	846.28	916.19	1,078	1,069	983.41
Total Liabilities & Equity	1,194	1,250	1,430	1,421	1,387
Total Debt	38.98	38.78	47.98	55.6	64.54
Net Cash (Debt)	184.39	173.04	250.51	124.96	-37.69
Net Cash Growth	6.56%	-30.93%	100.47%	-	-
Net Cash Per Share	16.86	14.71	20.44	10.12	-3.03
Filing Date Shares Outstanding	10.22	11.08	11.91	12.19	12.2
Total Common Shares Outstanding	10.25	11.17	11.99	12.21	12.16
Working Capital	165.05	185.66	280.22	219	90.24
Book Value Per Share	82.59	82.05	89.93	87.48	80.85
Tangible Book Value	719	787.21	905.76	879.7	767.2
Tangible Book Value Per Share	70.17	70.50	75.56	72.02	63.08
Land	31	25.98	25.75	25.78	25.67
Buildings	276.48	256.83	247.38	237.56	207.57
Machinery	882.17	875.37	817.91	797.83	759.34
Construction In Progress	49.15	46.64	66.7	41.32	35.62
Leasehold Improvements	70.56	71.85	74.6	75.26	70.42

Source: S&P Global Market Intelligence. Standard template. Financial Sources.