SAMBOSTON BEER CO INC
Malt Beverages
- Revenue
- $2.1B
- 2.4% YoY
- Operating margin
- 6.9%
- 95% YoY
- EBITDA
- $235M
- 38% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.3×
- −$308M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear247% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear75% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear9% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.1B | $2.1B | $2.1B | 2.4% |
| Operating income | $8M | $91M | $100M | $76M | $145M | 91% |
| Net income | $15M | $67M | $76M | $60M | $109M | 83% |
| Operating cash flow | $56M | $200M | $265M | $249M | $270M | 8.5% |
| Capex | $148M | $91M | $64M | $76M | $55M | 28% |
| Stock-based comp | $19M | $14M | $17M | $19M | $22M | 15% |
| Buybacks | — | — | $93M | $239M | $202M | 15% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 19 | 127 |
| FY2024 | — | — | 30 | 121 |
| FY2023 | — | — | 34 | 122 |
| FY2022 | — | — | 32 | 125 |
| FY2021 | — | — | 52 | 115 |