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Boston Beer Co (MEX:SAM) Gross Profit : MXN15,269 Mil (TTM As of Jun. 2024)


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What is Boston Beer Co Gross Profit?

Boston Beer Co's gross profit for the three months ended in Jun. 2024 was MXN4,882 Mil. Boston Beer Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was MXN15,269 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Boston Beer Co's gross profit for the three months ended in Jun. 2024 was MXN4,882 Mil. Boston Beer Co's Revenue for the three months ended in Jun. 2024 was MXN10,609 Mil. Therefore, Boston Beer Co's Gross Margin % for the quarter that ended in Jun. 2024 was 46.01%.

Boston Beer Co had a gross margin of 46.01% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Boston Beer Co was 52.26%. The lowest was 38.77%. And the median was 49.93%.

Warning Sign:

Boston Beer Co Inc gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


Boston Beer Co Gross Profit Historical Data

The historical data trend for Boston Beer Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boston Beer Co Gross Profit Chart

Boston Beer Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,583.17 16,201.08 16,365.91 16,805.28 14,468.32

Boston Beer Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,700.22 4,784.07 2,510.42 3,092.68 4,881.54

Competitive Comparison of Boston Beer Co's Gross Profit

For the Beverages - Brewers subindustry, Boston Beer Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boston Beer Co's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Boston Beer Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Boston Beer Co's Gross Profit falls into.



Boston Beer Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Boston Beer Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=34094.899 - 19626.576
=14,468

Boston Beer Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=10609.135 - 5727.597
=4,882

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN15,269 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Boston Beer Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,882 / 10609.135
=46.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Boston Beer Co  (MEX:SAM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Boston Beer Co had a gross margin of 46.01% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Boston Beer Co Gross Profit Related Terms

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Boston Beer Co Business Description

Traded in Other Exchanges
Address
One Design Center Place, Suite 850, Boston, MA, USA, 02210
Boston Beer is a top player in high-end malt beverages and adjacent categories in the us, with strong positions in craft beer, flavored malt beverages, hard cider, and hard seltzer. The bulk of volume and revenue is concentrated in four brands: Samuel Adams, Angry Orchard, Twisted Tea, and Truly. Beverages are produced using a hybrid model leveraging both in-house capacities and third-party breweries through contract arrangements. While the firm is required to use distributors to reach end markets, including retailers and on-premises operators, it also employs 500 internal sales representatives to educate the market about its products. The firm generates over 95% of sales in the us.