SAMThe Boston Beer Company, Inc.

$3B

FY 2023 Earnings

Consumer Defensive Beverages - Alcoholic

Income Statement

Revenue

$2.0B-3.9% YoY

Gross Profit

$852M42.4% margin

Operating Income

$100M5.0% margin

Net Income

$76M3.8% margin

EPS (Diluted)

$6.22

Cash Flow

Operating Cash Flow

$265M

Free Cash Flow

$201M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$352M

Stockholders' Equity

$1.1B

Cash & Equivalents

$298M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.1B	-3.9%
Gross Profit	$852M	$862M	-1.1%
Operating Income	$100M	$91M	+10.1%
Net Income	$76M	$67M	+13.4%

SAM FY 2023 Earnings — The Boston Beer Company, Inc. Revenue & Financial Results | Market Cap Arena