BRUNSWICK CORP BC
Brunswick Corporation is a global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that "Next Never Rests."™ We design, manufacture, and market recreational marine products, including leading marine propulsion products and boats, as well as parts and accessories for the marine and RV markets, and we operate the world's largest boat club. We are dedicated to global industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Incorporated in Delaware on December 31, 1907, Brunswick has traded on the New York Stock Exchange for over 100 years.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $3.61B | $3.55B | $4.45B |
| International | $1.75B | $1.69B | $1.95B |
As the company reported it, from the “Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Propulsion
- Boat
- Engine Parts and Accessories
- Navico Group
- Other
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Propulsion | $1.91B | $1.81B | $2.41B |
| Boat | $1.52B | $1.55B | $1.99B |
| Engine Parts and Accessories | $1.21B | $1.15B | $1.19B |
| Navico Group | $720.5M | $720.1M | $813.5M |
| Other | $0 | $0 | $0 |
As the company reported it, from the “Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.36B | $5.24B | $6.40B | $6.81B | $5.85B | $4.35B | $4.11B | $4.12B | $3.80B | $4.49B |
| Cost of revenue | $4.03B | $3.89B | $4.61B | $4.87B | $4.18B | $3.13B | $2.99B | $3.07B | $2.85B | $3.26B |
| Gross profit | $1.33B | $1.35B | $1.79B | $1.95B | $1.67B | $1.21B | $1.12B | $1.05B | $1.26B | $1.18B |
| R&D | $168.7M | $169.6M | $185.2M | $202.9M | $154.5M | $125.9M | $121.6M | $121.5M | $111.6M | $139.2M |
| SG&A | $851.1M | $747.9M | $812.2M | $771.4M | $697.8M | $543.7M | $509.6M | $515.2M | $458.1M | $598.1M |
| Total operating expenses | $1.35B | $1.02B | $1.04B | $999.3M | — | — | — | — | — | — |
| Operating income | -$40.7M | $311.6M | $734.9M | $947.8M | $812.9M | $539.3M | $471.0M | $355.5M | $330.3M | $479.5M |
| Interest expense | $111.7M | $126.6M | $112.4M | $98.1M | $65.9M | $67.3M | $76.0M | $46.0M | $26.4M | $27.5M |
| Pre-tax income | -$135.7M | $203.3M | $628.9M | $853.6M | $736.4M | $472.7M | $110.7M | $310.7M | $212.9M | $389.7M |
| Income tax | $200.0K | $54.0M | $196.3M | $172.3M | $141.0M | $98.0M | $80.3M | $57.3M | $111.6M | $115.3M |
| Net income | -$137.3M | $130.1M | $420.4M | $677.0M | $593.3M | $372.7M | -$131.0M | $265.3M | $146.4M | $276.0M |
| EPS, basic | -2.08 | 1.94 | 5.99 | 9.05 | 7.63 | 4.70 | -1.54 | 3.03 | 1.64 | 3.03 |
| EPS, diluted | -2.08 | 1.93 | 5.96 | 9.00 | 7.57 | 4.68 | -1.53 | 3.01 | 1.62 | 3.00 |
| Shares, diluted (wtd. avg.) | 65.9M | 67.4M | 70.5M | 75.2M | 78.4M | 79.7M | 85.6M | 88.2M | 90.1M | 92.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $256.8M | $269.0M | $467.8M | $608.5M | $366.7M | $530.3M | $331.9M | $303.4M | $458.2M | $433.6M |
| Short-term investments | $800.0K | $800.0K | $800.0K | $4.5M | $800.0K | $56.7M | $800.0K | $800.0K | $800.0K | $35.8M |
| Receivables | $522.8M | $429.0M | $493.2M | $543.0M | $485.3M | $337.6M | $331.8M | $351.8M | $485.3M | $411.5M |
| Inventory | $1.19B | $1.30B | $1.48B | $1.47B | $1.21B | $711.8M | $824.5M | $774.0M | $827.7M | $699.0M |
| Total current assets | $2.06B | $2.11B | $2.51B | $2.70B | $2.12B | $1.67B | $1.53B | $1.88B | $1.85B | $1.69B |
| Property, plant and equipment | $1.21B | $1.25B | $1.32B | $1.27B | $1.05B | $863.6M | $796.4M | $694.5M | $706.0M | $569.0M |
| Goodwill | $681.2M | $966.1M | $1.03B | $967.6M | $888.4M | $417.7M | $415.0M | $377.3M | $33.9M | $413.8M |
| Other intangibles | $854.8M | $918.3M | $978.0M | $997.4M | $1.05B | $552.3M | $583.5M | $585.8M | $149.1M | $160.1M |
| Total assets | $5.31B | $5.68B | $6.23B | $6.32B | $5.42B | $3.77B | $3.56B | $4.29B | $3.36B | $3.28B |
| Accounts payable | $374.9M | $393.4M | $558.0M | $662.6M | $693.5M | $457.6M | $393.5M | $458.2M | $420.5M | $378.2M |
| Short-term debt | $295.4M | $242.8M | $454.7M | $89.0M | $37.4M | $43.1M | $41.3M | $41.3M | $5.6M | $5.6M |
| Total current liabilities | $1.43B | $1.28B | $1.75B | $1.49B | $1.44B | $1.08B | $944.4M | $1.26B | $1.04B | $964.9M |
| Long-term debt | $1.81B | $2.10B | $1.98B | $2.42B | $1.78B | $908.3M | $1.07B | $1.18B | $431.8M | $433.8M |
| Retained earnings | $3.36B | $3.61B | $3.60B | $3.29B | $2.72B | $2.23B | $1.93B | $2.14B | $1.97B | $1.88B |
| Total equity | $1.63B | $1.89B | $2.09B | $2.04B | $1.91B | $1.51B | $1.30B | $1.58B | $1.48B | $1.44B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $562.1M | $431.4M | $733.6M | $586.1M | $574.0M | $798.3M | $434.2M | $337.0M | $400.3M | $435.3M |
| Depreciation and amortisation | $292.5M | $288.8M | $272.9M | $231.2M | $178.1M | $153.4M | $138.7M | $124.0M | $87.1M | $103.9M |
| Stock-based compensation | $38.7M | $23.4M | $22.4M | $21.9M | $29.7M | $27.1M | $17.3M | $16.7M | $15.9M | $16.1M |
| Capital expenditure | $165.8M | $167.4M | $289.3M | $388.3M | $267.1M | $182.4M | $232.6M | $180.2M | $178.0M | $193.9M |
| Investing cash flow | -$141.6M | -$168.9M | -$378.9M | -$443.2M | -$1.35B | -$246.9M | $194.7M | -$1.11B | -$178.9M | -$486.0M |
| Financing cash flow | -$441.2M | -$442.7M | -$487.0M | $110.8M | $621.8M | -$361.8M | -$600.8M | $620.5M | -$203.7M | -$185.8M |
| Dividends paid | $112.6M | $112.3M | $112.0M | $108.6M | $98.9M | $78.3M | $73.4M | $67.8M | $60.6M | $55.4M |
| Buybacks | $80.0M | $200.0M | $275.0M | $450.0M | $120.1M | $118.3M | $400.0M | $75.0M | $130.0M | $120.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000014930-26-000027.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.49B | $3.80B | $4.12B | $4.11B | $4.35B | $5.85B | $6.81B | $6.40B | $5.24B | $5.36B |
| Gross profit | $1.18B | $1.26B | $1.05B | $1.12B | $1.21B | $1.67B | $1.95B | $1.79B | $1.35B | $1.33B |
| Net income | $276.0M | $146.4M | $265.3M | -$131.0M | $372.7M | $593.3M | $677.0M | $420.4M | $130.1M | -$137.3M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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