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Side-by-side financial comparison of BOSTON BEER CO INC (SAM) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

BOSTON BEER CO INC is the larger business by last-quarter revenue ($461.6M vs $334.0M, roughly 1.4× WYNDHAM HOTELS & RESORTS, INC.). On growth, BOSTON BEER CO INC posted the faster year-over-year revenue change (-4.1% vs -76.3%). Over the past eight quarters, WYNDHAM HOTELS & RESORTS, INC.'s revenue compounded faster (-4.6% CAGR vs -10.7%).

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

SAM vs WH — Head-to-Head

Bigger by revenue
SAM
SAM
1.4× larger
SAM
$461.6M
$334.0M
WH
Growing faster (revenue YoY)
SAM
SAM
+72.2% gap
SAM
-4.1%
-76.3%
WH
Faster 2-yr revenue CAGR
WH
WH
Annualised
WH
-4.6%
-10.7%
SAM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SAM
SAM
WH
WH
Revenue
$461.6M
$334.0M
Net Profit
$-60.0M
Gross Margin
46.4%
Operating Margin
12.4%
Net Margin
-18.0%
Revenue YoY
-4.1%
-76.3%
Net Profit YoY
-170.6%
EPS (diluted)
$2.16
$-0.80

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SAM
SAM
WH
WH
Q1 26
$461.6M
$334.0M
Q4 25
$385.7M
$334.0M
Q3 25
$537.5M
$382.0M
Q2 25
$587.9M
$397.0M
Q1 25
$453.9M
$316.0M
Q4 24
$402.3M
$336.0M
Q3 24
$605.5M
$396.0M
Q2 24
$579.1M
$367.0M
Net Profit
SAM
SAM
WH
WH
Q1 26
$-60.0M
Q4 25
$-22.5M
$-60.0M
Q3 25
$46.2M
$105.0M
Q2 25
$60.4M
$87.0M
Q1 25
$24.4M
$61.0M
Q4 24
$-38.8M
$85.0M
Q3 24
$33.5M
$102.0M
Q2 24
$52.3M
$86.0M
Gross Margin
SAM
SAM
WH
WH
Q1 26
46.4%
Q4 25
43.5%
Q3 25
50.8%
Q2 25
49.8%
Q1 25
48.3%
Q4 24
39.9%
Q3 24
46.3%
Q2 24
46.0%
Operating Margin
SAM
SAM
WH
WH
Q1 26
12.4%
Q4 25
-8.6%
-11.4%
Q3 25
11.5%
46.6%
Q2 25
14.0%
37.8%
Q1 25
7.4%
35.4%
Q4 24
-13.9%
38.4%
Q3 24
7.6%
43.2%
Q2 24
12.2%
39.5%
Net Margin
SAM
SAM
WH
WH
Q1 26
-18.0%
Q4 25
-5.8%
-18.0%
Q3 25
8.6%
27.5%
Q2 25
10.3%
21.9%
Q1 25
5.4%
19.3%
Q4 24
-9.6%
25.3%
Q3 24
5.5%
25.8%
Q2 24
9.0%
23.4%
EPS (diluted)
SAM
SAM
WH
WH
Q1 26
$2.16
$-0.80
Q4 25
$-1.97
$-0.77
Q3 25
$4.25
$1.36
Q2 25
$5.45
$1.13
Q1 25
$2.16
$0.78
Q4 24
$-3.23
$1.06
Q3 24
$2.86
$1.29
Q2 24
$4.39
$1.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SAM
SAM
WH
WH
Cash + ST InvestmentsLiquidity on hand
$164.1M
$64.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$682.6M
$468.0M
Total Assets
$1.2B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAM
SAM
WH
WH
Q1 26
$164.1M
$64.0M
Q4 25
$223.4M
$64.0M
Q3 25
$250.5M
$70.0M
Q2 25
$212.4M
$50.0M
Q1 25
$152.5M
$48.0M
Q4 24
$211.8M
$103.0M
Q3 24
$255.6M
$72.0M
Q2 24
$219.3M
$70.0M
Total Debt
SAM
SAM
WH
WH
Q1 26
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
SAM
SAM
WH
WH
Q1 26
$682.6M
$468.0M
Q4 25
$846.3M
$468.0M
Q3 25
$911.0M
$583.0M
Q2 25
$912.3M
$570.0M
Q1 25
$897.0M
$579.0M
Q4 24
$916.2M
$650.0M
Q3 24
$1.0B
$583.0M
Q2 24
$1.0B
$623.0M
Total Assets
SAM
SAM
WH
WH
Q1 26
$1.2B
$4.2B
Q4 25
$1.2B
$4.2B
Q3 25
$1.2B
$4.3B
Q2 25
$1.3B
$4.3B
Q1 25
$1.2B
$4.2B
Q4 24
$1.3B
$4.2B
Q3 24
$1.4B
$4.2B
Q2 24
$1.4B
$4.2B
Debt / Equity
SAM
SAM
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SAM
SAM
WH
WH
Operating Cash FlowLast quarter
$367.0M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAM
SAM
WH
WH
Q1 26
$367.0M
Q4 25
$39.9M
$152.0M
Q3 25
$101.8M
$86.0M
Q2 25
$126.5M
$70.0M
Q1 25
$1.9M
$59.0M
Q4 24
$41.9M
$134.0M
Q3 24
$115.9M
$79.0M
Q2 24
$96.0M
$1.0M
Free Cash Flow
SAM
SAM
WH
WH
Q1 26
$168.0M
Q4 25
$22.1M
$136.0M
Q3 25
$89.2M
$75.0M
Q2 25
$112.2M
$58.0M
Q1 25
$-8.0M
$52.0M
Q4 24
$18.4M
$109.0M
Q3 24
$99.2M
$71.0M
Q2 24
$75.6M
$-6.0M
FCF Margin
SAM
SAM
WH
WH
Q1 26
50.3%
Q4 25
5.7%
40.7%
Q3 25
16.6%
19.6%
Q2 25
19.1%
14.6%
Q1 25
-1.8%
16.5%
Q4 24
4.6%
32.4%
Q3 24
16.4%
17.9%
Q2 24
13.1%
-1.6%
Capex Intensity
SAM
SAM
WH
WH
Q1 26
Q4 25
4.6%
4.8%
Q3 25
2.3%
2.9%
Q2 25
2.4%
3.0%
Q1 25
2.2%
2.2%
Q4 24
5.8%
7.4%
Q3 24
2.8%
2.0%
Q2 24
3.5%
1.9%
Cash Conversion
SAM
SAM
WH
WH
Q1 26
Q4 25
Q3 25
2.21×
0.82×
Q2 25
2.09×
0.80×
Q1 25
0.08×
0.97×
Q4 24
1.58×
Q3 24
3.46×
0.77×
Q2 24
1.83×
0.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SAM
SAM

Segment breakdown not available.

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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