Boston Beer CoSAM +1.86%70 Debt-to-EBITDA is 0.20 as of Mar. 2026, which is 9% below its 10-year median of 0.22. GuruFocus rates SAM with a GF Score™ of 70/100 and a GF Value™ of $306.80 (Significantly Undervalued). Among 159 Beverages - Alcoholic companies, Boston Beer Co ranks better than 83.65% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Boston Beer Co's Debt-to-EBITDA or its related term are showing as below:
SAM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15 Med: 0.22 Max: 0.48
Current: 0.15
During the past 13 years, the highest Debt-to-EBITDA Ratio of Boston Beer Co was 0.48. The lowest was 0.15. And the median was 0.22.
SAM's Debt-to-EBITDA is ranked better than 83.65% of 159
companies
in the Beverages - Alcoholic industry
Industry Median: 2.29
vs SAM: 0.15
Boston Beer Co (NYSE:SAM) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Boston Beer Co Debt-to-EBITDA Related Terms
Boston Beer Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Boston Beer Co's Debt-to-EBITDA 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.
For the Beverages - Brewers subindustry, Boston Beer Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Boston Beer Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Boston Beer Co's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Boston Beer Co (SAM) has a Debt-to-EBITDA of 0.20 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Boston Beer Co. This is near median its historical median of 0.22. Over the past decade, Boston Beer Co's Debt-to-EBITDA has ranged from 0.15 to 0.48. According to the industry distribution chart, Boston Beer Co ranks #26 out of 159 companies in the Beverages - Alcoholic industry, placing it in the top 16.4%.
Is Boston Beer Co's Debt-to-EBITDA too high?
Boston Beer Co's current Debt-to-EBITDA of 0.20 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.48. The Beverages - Alcoholic industry median Debt-to-EBITDA is 2.29. Boston Beer Co's value of 0.20 is 91.3% below this industry median. Based on the distribution chart, Boston Beer Co ranks #26 out of 159 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Boston Beer Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boston Beer Co's Debt-to-EBITDA compare to TAP and BUD?
According to the Beverages - Alcoholic industry distribution chart, Boston Beer Co ranks #26 out of 159 companies for Debt-to-EBITDA. This places Boston Beer Co in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.29. Boston Beer Co's value of 0.20 is 91.3% below this benchmark. Historically, Boston Beer Co's own Debt-to-EBITDA has ranged from 0.15 to 0.48 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 2.29, Boston Beer Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.29, based on 159 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boston Beer Co's current Debt-to-EBITDA of 0.20 is 91.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Boston Beer Co. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Beer Co's current Debt-to-EBITDA is 0.20, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boston Beer Co stock overvalued right now?
Based on GuruFocus' analysis, Boston Beer Co (SAM) is currently considered Significantly Undervalued. The stock's GF Value™ is $306.80, compared to a current price of $183.16 — trading 40.3% below its estimated fair value. The current Debt-to-EBITDA is 0.20, which is near median its 10-year median of 0.22 and 91.3% below the Beverages - Alcoholic industry median of 2.29. Boston Beer Co's overall GF Score™ is 70/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Boston Beer Co (SAM), the current Debt-to-EBITDA is 0.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Boston Beer Co (SAM) Overvalued in 2026?
Based on GuruFocus' analysis, Boston Beer Co stock appears to be undervalued.
The current stock price of $183.16 is trading 40.3% below its estimated GF Value™ of $306.80.
GuruFocus considers Boston Beer Co to be Significantly Undervalued.
Key valuation signals for SAM:
Debt-to-EBITDA: 0.20 (near median its 10-year median of 0.22)
GF Value™: $306.80 vs. price of $183.16 (40.3% below fair value)
Industry Position: 91.3% below the Beverages - Alcoholic median (#26 of 159)
No single metric tells the full story. See the SAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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