Boston Beer CoMEX:SAM 70 Pretax Margin % is -43.54% as of Mar. 2026. GuruFocus rates MEX:SAM with a GF Score™ of 70/100 and a GF Value™ of MXN4,706.62 (Significantly Undervalued). Among 211 Beverages - Alcoholic companies, Boston Beer Co ranks worse than 78.67% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Boston Beer Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN-3,407 Mil. Boston Beer Co's Revenue for the
three
months ended in Mar. 2026 was MXN7,825 Mil. Therefore, Boston Beer Co's pretax margin for the quarter that ended in Mar. 2026 was -43.54%.
The historical rank and industry rank for Boston Beer Co's Pretax Margin % or its related term are showing as below:
MEX:SAM'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.67 Med: 9.68 Max: 15.13
Current: -3.67
MEX:SAM's Pretax Margin % is ranked worse than 78.67% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 6.09
vs MEX:SAM: -3.67
Boston Beer Co (MEX:SAM) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Boston Beer Co Pretax Margin % Related Terms
Boston Beer Co Pretax Margin % Historical Data
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The historical data trend for Boston Beer Co's Pretax Margin % 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 Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Boston Beer Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Boston Beer Co's Pretax Margin % 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.
Boston Beer Co (MEX:SAM) has a Pretax Margin % of -43.54% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Boston Beer Co and its competitors. According to the industry distribution chart, Boston Beer Co ranks #166 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 78.7%.
Is Boston Beer Co's Pretax Margin % too high?
Boston Beer Co's current Pretax Margin % is -43.54%. Based on the distribution chart, Boston Beer Co ranks #166 out of 211 companies in the Beverages - Alcoholic industry, which is in the bottom quartile 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 Pretax Margin % compare to TAP and STZ?
According to the Beverages - Alcoholic industry distribution chart, Boston Beer Co ranks #166 out of 211 companies for Pretax Margin %. This places Boston Beer Co in the lower half of its industry. The industry median Pretax Margin % is 6.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Beverages - Alcoholic company?
The median Pretax Margin % among Beverages - Alcoholic companies is 6.09, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Boston Beer Co and its competitors. For the Beverages - Alcoholic industry, the median Pretax Margin % is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Beer Co's current Pretax Margin % is -43.54%. 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 (MEX:SAM) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN4,706.62, compared to a current price of MXN3,027.30 — trading 35.7% below its estimated fair value. The current Pretax Margin % is -43.54%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Boston Beer Co (MEX:SAM), the current Pretax Margin % is -43.54% 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 (MEX:SAM) Overvalued in 2026?
Based on GuruFocus' analysis, Boston Beer Co stock appears to be undervalued.
The current stock price of MXN3,027.30 is trading 35.7% below its estimated GF Value™ of MXN4,706.62.
GuruFocus considers Boston Beer Co to be Significantly Undervalued.
Key valuation signals for MEX:SAM:
Pretax Margin %: -43.54%
GF Value™: MXN4,706.62 vs. price of MXN3,027.30 (35.7% below fair value)
No single metric tells the full story. See the MEX: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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