The Boston Beer Company, Inc. (SAM)

The Boston Beer Company Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Net Income	108.47	59.7	76.25	67.26	14.55
Depreciation & Amortization	90.44	93.99	88.14	81.36	72.1
Stock-Based Compensation	21.75	18.95	16.97	13.99	18.62
Other Adjustments	2.47	37.34	18.85	47.04	20.89
Change in Receivables	4.35	5.55	-10.34	-2.04	23.07
Changes in Inventories	23.41	6.91	31.5	0.13	-21.22
Changes in Accounts Payable	5.23	2.6	2.76	-2.22	-27.36
Changes in Accrued Expenses	15.61	12.32	13.88	-50.63	35.29
Changes in Other Operating Activities	-1.57	11.54	27.13	45.06	-79.64
Operating Cash Flow	270.16	248.89	265.15	199.95	56.3
Operating Cash Flow Growth	8.54%	-6.13%	32.61%	255.16%	-77.78%
Capital Expenditures	-54.56	-76.28	-64.09	-90.58	-147.92
Sale of Property, Plant & Equipment	0.05	0.02	1.71	2.08	1.16
Other Investing Activities	-	-20	-	-	0.15
Investing Cash Flow	-54.52	-96.25	-62.38	-88.51	-146.62
Short-Term Debt Issued	-	-	-	30	-
Short-Term Debt Repaid	-	-	-	-30	-
Long-Term Debt Repaid	-1.73	-1.89	-1.58	-1.67	-1.57
Net Long-Term Debt Issued (Repaid)	-1.73	-1.89	-1.58	-1.67	-1.57
Issuance of Common Stock	2.51	3.6	11.72	7.95	10.47
Repurchase of Common Stock	-202.42	-238.61	-92.88	-	-
Net Common Stock Issued (Repurchased)	-199.91	-235.02	-81.15	7.95	10.47
Other Financing Activities	-2.44	-2.41	-2.11	-3.47	-15.54
Financing Cash Flow	-204.08	-239.31	-84.84	2.8	-6.64
Net Cash Flow	11.56	-86.67	117.93	114.24	-96.96
Free Cash Flow	215.6	172.62	201.06	109.36	-91.62
Free Cash Flow Growth	24.90%	-14.15%	83.85%	-	-
FCF Margin	10.97%	8.58%	10.01%	5.23%	-4.45%
Free Cash Flow Per Share	19.71	14.67	16.40	8.86	-7.37
Levered Free Cash Flow	185.29	108.89	174.01	48.71	-155.77
Unlevered Free Cash Flow	180.95	102.85	168.91	49.9	-151.91

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q