Boston Beer Valuation Multiples

Boston Beer Overview

About Boston Beer

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 almost all sales in the US.

Founded

1984

HQ

Employees

2.7K

Website

bostonbeer.com

Sectors

Alcohol

Financials (LTM)

Revenue: $2B

EBITDA: $235M

EV

$3B

Valuation Multiples

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Boston Beer Financials

Boston Beer reported last 12-month revenue of $2B and EBITDA of $235M.

In the same LTM period, Boston Beer generated $955M in gross profit, $235M in EBITDA, and $107M in net income.

Boston Beer P&L

In the most recent fiscal year, Boston Beer reported revenue of $2B and EBITDA of $242M.

Boston Beer expects next 12-month revenue of XXX and NTM EBITDA of XXX

Boston Beer Stock Performance

Boston Beer has current market cap of $3B, and enterprise value of $3B.

Boston Beer's stock price is $260.05.

Boston Beer Valuation Multiples

Boston Beer trades at 1.3x EV/Revenue multiple, and 10.8x EV/EBITDA.

Boston Beer Financial Valuation Multiples

As of April 11, 2026, Boston Beer has market cap of $3B and EV of $3B.

Equity research analysts estimate Boston Beer's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Boston Beer has a P/E ratio of 25.4x.

Boston Beer Margins & Growth Rates

Boston Beer's revenue in the last 12 month grew by 0%.

Boston Beer's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.3M for the same period.

Boston Beer's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Boston Beer's rule of X is 12% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Boston Beer Public Comps

See public comps and valuation multiples for other Alcohol comps.

Boston Beer M&A Activity

Boston Beer acquired XXX companies to date.

Last acquisition by Boston Beer was on XXXXXXXX, XXXXX. Boston Beer acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Boston Beer Investment Activity

Boston Beer invested in XXX companies to date.

Boston Beer made its latest investment on XXXXXXXX, XXXXX. Boston Beer invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).