Boston Beer Co (MEX:SAM) Retained Earnings: MXN-385 Mil (As of Mar. 2026)


MEX:SAM Boston Beer Co Inc MEX:SAM
73 GF Score
Price MXN3,295.00
GF Value MXN4,703.89
Valuation Significantly Undervalued
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What is Boston Beer Co Retained Earnings?

Boston Beer Co MEX:SAM 73 Retained Earnings is MXN-385 Mil as of Mar. 2026. GuruFocus rates MEX:SAM with a GF Score™ of 73/100 and a GF Value™ of MXN4,703.89 (Significantly Undervalued).

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Boston Beer Co's retained earnings for the quarter that ended in Mar. 2026 was MXN-385 Mil.

Boston Beer Co's quarterly retained earnings declined from Sep. 2025 (MXN4,050 Mil) to Dec. 2025 (MXN2,660 Mil) and declined from Dec. 2025 (MXN2,660 Mil) to Mar. 2026 (MXN-385 Mil).

Boston Beer Co's annual retained earnings declined from Dec. 2023 (MXN7,156 Mil) to Dec. 2024 (MXN5,012 Mil) and declined from Dec. 2024 (MXN5,012 Mil) to Dec. 2025 (MXN2,660 Mil).


Boston Beer Co  (MEX:SAM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Boston Beer Co Retained Earnings Historical Data

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The historical data trend for Boston Beer Co's Retained Earnings 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.

Boston Beer Co Retained Earnings Chart

Boston Beer Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,628.30 8,561.10 7,155.80 5,011.94 2,660.23

Boston Beer Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 4,400.78 4,238.74 4,049.90 2,660.23 -385.31
MEX:SAM
73GF Score
Boston Beer Co Inc MEX:SAM
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Boston Beer Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of MXN-385 Mil mean?
Boston Beer Co (MEX:SAM) has a Retained Earnings of MXN-385 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Boston Beer Co and its competitors.
Is Boston Beer Co's Retained Earnings too high?
Boston Beer Co's current Retained Earnings is MXN-385 Mil. Overall, Boston Beer Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boston Beer Co's Retained Earnings compare to TAP and BUD?
Boston Beer Co's Retained Earnings of MXN-385 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Boston Beer Co and its competitors. Boston Beer Co's current Retained Earnings is MXN-385 Mil. 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 MXN4,703.89, compared to a current price of MXN3,295.00 — trading 30% below its estimated fair value. The current Retained Earnings is MXN-385 Mil. Boston Beer Co's overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Boston Beer Co (MEX:SAM), the current Retained Earnings is MXN-385 Mil 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 MXN3,295.00 is trading 30% below its estimated GF Value™ of MXN4,703.89. GuruFocus considers Boston Beer Co to be Significantly Undervalued.

Key valuation signals for MEX:SAM:

  • Retained Earnings: MXN-385 Mil
  • GF Value™: MXN4,703.89 vs. price of MXN3,295.00 (30% below fair value)
  • GF Score™: 73/100

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 Co Business Description

Other Exchanges SAM:USABBEA:Germany
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 almost all sales in the US.
73GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,295.00
Price
MXN4,703.89
GF Value