Narrative Update • Jul 08

Over the last 7 days, the Brewers industry has remained flat. As for the longer term, the industry has declined 19% in the last year. As for the next few years, earnings are expected to grow by 49% per annum.
Has the U.S. Brewers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 Jul 2026 | US$9.2b | US$13.1b | -US$2,170,742,000.00 | n/a | -4.2x | 0.7x |
| Sun, 14 Jun 2026 | US$9.7b | US$13.1b | -US$2,170,742,000.00 | n/a | -4.5x | 0.7x |
| Tue, 12 May 2026 | US$10.0b | US$13.1b | -US$2,170,742,000.00 | n/a | -4.6x | 0.8x |
| Thu, 09 Apr 2026 | US$11.0b | US$13.1b | -US$2,031,431,000.00 | 23.7x | -5.4x | 0.8x |
| Sat, 07 Mar 2026 | US$11.2b | US$13.1b | -US$2,031,431,000.00 | 21.9x | -5.5x | 0.9x |
| Mon, 02 Feb 2026 | US$11.7b | US$13.2b | -US$1,998,126,000.00 | 24.2x | -5.9x | 0.9x |
| Wed, 31 Dec 2025 | US$11.3b | US$13.2b | -US$1,998,126,000.00 | 22.4x | -5.6x | 0.9x |
| Fri, 28 Nov 2025 | US$11.2b | US$13.2b | -US$1,998,126,000.00 | 22.1x | -5.6x | 0.9x |
| Sun, 26 Oct 2025 | US$11.4b | US$13.3b | US$1.1b | 17.5x | 10.1x | 0.9x |
| Tue, 23 Sep 2025 | US$11.6b | US$13.3b | US$1.1b | 18.8x | 10.4x | 0.9x |
| Thu, 21 Aug 2025 | US$12.6b | US$13.3b | US$1.1b | 19.6x | 11.3x | 0.9x |
| Sat, 19 Jul 2025 | US$12.3b | US$13.4b | US$1.1b | 19.6x | 11.1x | 0.9x |
| Mon, 16 Jun 2025 | US$12.5b | US$13.4b | US$1.1b | 20.9x | 11.3x | 0.9x |
| Wed, 14 May 2025 | US$13.8b | US$13.4b | US$1.1b | 23.8x | 12.4x | 1x |
| Fri, 11 Apr 2025 | US$14.9b | US$13.6b | US$1.2b | 28x | 12.6x | 1.1x |
| Sun, 09 Mar 2025 | US$15.2b | US$13.6b | US$1.2b | 27.8x | 12.8x | 1.1x |
| Tue, 04 Feb 2025 | US$14.1b | US$13.7b | US$1.0b | 23.3x | 13.9x | 1x |
| Thu, 02 Jan 2025 | US$15.2b | US$13.7b | US$1.0b | 27.5x | 14.9x | 1.1x |
| Sat, 30 Nov 2024 | US$16.4b | US$13.7b | US$1.0b | 29.2x | 16.1x | 1.2x |
| Mon, 28 Oct 2024 | US$14.9b | US$13.9b | US$1.2b | 25.8x | 11.9x | 1.1x |
| Wed, 25 Sep 2024 | US$14.6b | US$13.9b | US$1.3b | 22.2x | 11.6x | 1x |
| Fri, 23 Aug 2024 | US$14.3b | US$13.9b | US$1.3b | 22x | 11.4x | 1x |
| Sun, 21 Jul 2024 | US$14.4b | US$14.0b | US$1.2b | 22x | 12.2x | 1x |
| Tue, 18 Jun 2024 | US$13.9b | US$14.0b | US$1.2b | 22.5x | 11.7x | 1x |
| Thu, 16 May 2024 | US$15.7b | US$14.0b | US$1.2b | 22.6x | 13.3x | 1.1x |
| Sat, 13 Apr 2024 | US$17.9b | US$13.7b | US$1.0b | 29.7x | 17.4x | 1.3x |
| Mon, 11 Mar 2024 | US$17.3b | US$13.7b | US$1.0b | 30.6x | 16.9x | 1.3x |
| Wed, 07 Feb 2024 | US$17.5b | US$13.6b | US$337.9m | 51.7x | 51.8x | 1.3x |
| Fri, 05 Jan 2024 | US$17.2b | US$13.6b | US$337.9m | 50x | 50.9x | 1.3x |
| Sun, 03 Dec 2023 | US$17.7b | US$13.6b | US$337.9m | 52.2x | 52.3x | 1.3x |
| Tue, 31 Oct 2023 | US$16.4b | US$13.2b | US$123.6m | 175.5x | 132.5x | 1.2x |
| Thu, 28 Sep 2023 | US$18.1b | US$13.2b | US$105.6m | 200.9x | 171.5x | 1.4x |
| Sat, 26 Aug 2023 | US$17.9b | US$13.2b | US$105.6m | 199.8x | 169.7x | 1.4x |
| Mon, 24 Jul 2023 | US$18.8b | US$12.9b | -US$194,184,000.00 | 61.3x | -96.8x | 1.5x |
-96.8x
How does U.S. Brewers compare with similar industries?
| US Market | -0.88% | |
| Consumer Staples | 2.73% | |
| Beverage | 2.34% | |
| Brewers | 7.17% | |
| Distillers and Wine Makers | 2.69% | |
| Soft Drinks | 2.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TAP Molson Coors Beverage | US$41.78 | 7.8% +US$570.2m | -17.0% | PS0.7x | |
| SAM Boston Beer Company | US$182.50 | 4.4% +US$77.9m | -6.2% | PS1x |