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The Boston Beer Company, Inc. (SAM)
NYSE: SAM · Real-Time Price · USD
183.20
-2.11 (-1.14%)
At close: Jul 31, 2026, 4:00 PM EDT
185.00
+1.80 (0.98%)
After-hours: Jul 31, 2026, 7:59 PM EDT

The Boston Beer Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-70.07108.4759.776.2567.2614.55
Depreciation & Amortization
87.8290.4493.9988.1481.3672.1
Stock-Based Compensation
22.321.7518.9516.9713.9918.62
Other Adjustments
171.022.4737.3418.8547.0420.89
Change in Receivables
-7.664.355.55-10.34-2.0423.07
Changes in Inventories
15.0123.416.9131.50.13-21.22
Changes in Accounts Payable
14.235.232.62.76-2.22-27.36
Changes in Accrued Expenses
39.6215.6112.3213.88-50.6335.29
Changes in Income Taxes Payable
19.79-----
Changes in Other Operating Activities
-13.49-1.5711.5427.1345.06-79.64
Operating Cash Flow
259.31270.16248.89265.15199.9556.3
Operating Cash Flow Growth
-9.39%8.54%-6.13%32.61%255.16%-77.78%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-53.27-54.56-76.28-64.09-90.58-147.92
Sale of Property, Plant & Equipment
0.080.050.021.712.081.16
Other Investing Activities
---20--0.15
Investing Cash Flow
-53.19-54.52-96.25-62.38-88.51-146.62

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
----30-
Short-Term Debt Repaid
-----30-
Long-Term Debt Repaid
-1.73-1.73-1.89-1.58-1.67-1.57
Net Long-Term Debt Issued (Repaid)
-1.73-1.73-1.89-1.58-1.67-1.57
Issuance of Common Stock
2.842.513.611.727.9510.47
Repurchase of Common Stock
-150.76-202.42-238.61-92.88--
Net Common Stock Issued (Repurchased)
-147.93-199.91-235.02-81.157.9510.47
Other Financing Activities
-3.36-2.44-2.41-2.11-3.47-15.54
Financing Cash Flow
-153.01-204.08-239.31-84.842.8-6.64

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
53.1211.56-86.67117.93114.24-96.96

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
206.04215.6172.62201.06109.36-91.62
Free Cash Flow Growth
-7.13%24.90%-14.15%83.85%--
FCF Margin
10.70%10.97%8.58%10.01%5.23%-4.45%
Free Cash Flow Per Share
19.4719.6714.6616.408.86-7.48
Levered Free Cash Flow
37.92185.29108.89174.0148.71-155.77
Unlevered Free Cash Flow
33.23180.95102.85168.9149.9-151.91
SEC Filings: 10-K · 10-Q