This page shows Brunswick Corp (BC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Brunswick Corp has an operating margin of -0.8%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 21/100, suggesting thin profitability after operating expenses. This is down from 5.9% the prior year.
Brunswick Corp's revenue grew a modest 2.4% year-over-year to $5.4B. This slow but positive growth earns a score of 37/100.
Brunswick Corp carries a low D/E ratio of 1.11, meaning only $1.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
Brunswick Corp's current ratio of 1.44 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 24/100, which could limit financial flexibility.
Brunswick Corp has a free cash flow margin of 7.4%, earning a moderate score of 43/100. The company generates positive cash flow after capital investments, but with room for improvement.
Brunswick Corp generates a -8.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 6.9% the prior year.
Brunswick Corp passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Brunswick Corp generates $-4.09 in operating cash flow ($562.1M OCF vs -$137.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Brunswick Corp earns $-0.4 in operating income for every $1 of interest expense (-$40.7M vs $111.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Brunswick Corp generated $5.4B in revenue in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Brunswick Corp's EBITDA was $251.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 58.1% from the prior year.
Brunswick Corp reported -$137.3M in net income in fiscal year 2025. This represents a decrease of 205.5% from the prior year.
Brunswick Corp earned $-2.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 207.8% from the prior year.
Cash & Balance Sheet
Brunswick Corp generated $396.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 50.1% from the prior year.
Brunswick Corp held $256.8M in cash against $1.8B in long-term debt as of fiscal year 2025.
Brunswick Corp paid $1.72 per share in dividends in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Brunswick Corp had 65M shares outstanding in fiscal year 2025. This represents a decrease of 1.5% from the prior year.
Margins & Returns
Brunswick Corp's gross margin was 24.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.0 percentage points from the prior year.
Brunswick Corp's operating margin was -0.8% in fiscal year 2025, reflecting core business profitability. This is down 6.7 percentage points from the prior year.
Brunswick Corp's net profit margin was -2.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.0 percentage points from the prior year.
Brunswick Corp's ROE was -8.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 15.3 percentage points from the prior year.
Capital Allocation
Brunswick Corp invested $168.7M in research and development in fiscal year 2025. This represents a decrease of 0.5% from the prior year.
Brunswick Corp spent $80.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 60.0% from the prior year.
Brunswick Corp invested $165.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 1.0% from the prior year.
BC Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B-1.9% | $1.4B-6.0% | $1.4B+18.4% | $1.2B+5.8% | $1.2B-9.3% | $1.3B-11.8% | $1.4B+5.8% | $1.4B |
| Cost of Revenue | $1.0B+1.6% | $1.0B-6.3% | $1.1B+17.4% | $917.9M+1.8% | $901.7M-4.1% | $940.3M-10.7% | $1.1B+6.2% | $991.4M |
| Gross Profit | $307.8M-12.3% | $350.8M-5.1% | $369.7M+21.7% | $303.9M+20.0% | $253.2M-24.0% | $333.0M-14.8% | $391.0M+4.7% | $373.6M |
| R&D Expenses | $45.0M+3.7% | $43.4M+3.8% | $41.8M+8.6% | $38.5M-1.5% | $39.1M-6.2% | $41.7M-3.0% | $43.0M-6.1% | $45.8M |
| SG&A Expenses | $210.7M-2.4% | $215.8M-0.4% | $216.6M+4.1% | $208.0M+14.5% | $181.7M+0.6% | $180.7M-0.6% | $181.8M-10.8% | $203.7M |
| Operating Income | $41.9M+117.3% | -$242.2M-334.5% | $103.3M+83.5% | $56.3M+201.1% | -$55.7M-156.6% | $98.4M-37.8% | $158.3M+43.1% | $110.6M |
| Interest Expense | $25.0M-7.4% | $27.0M-10.0% | $30.0M+1.0% | $29.7M-8.3% | $32.4M-1.8% | $33.0M+1.2% | $32.6M+14.0% | $28.6M |
| Income Tax | $8.6M+126.9% | -$32.0M-303.8% | $15.7M+98.7% | $7.9M+153.0% | -$14.9M-165.9% | $22.6M-18.4% | $27.7M+48.9% | $18.6M |
| Net Income | $18.7M+107.9% | -$235.5M-497.1% | $59.3M+193.6% | $20.2M+124.5% | -$82.5M-285.0% | $44.6M-55.4% | $100.0M+47.1% | $68.0M |
| EPS (Diluted) | N/A | $-3.59-503.4% | $0.89+196.7% | $0.30 | N/A | $0.67-54.7% | $1.48+49.5% | $0.99 |
BC Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.3B-1.9% | $5.4B-6.6% | $5.8B-1.1% | $5.9B+3.2% | $5.7B-5.7% | $6.0B-5.8% | $6.4B-1.7% | $6.5B |
| Current Assets | $2.1B-4.4% | $2.2B-3.5% | $2.2B-3.0% | $2.3B+9.1% | $2.1B-10.0% | $2.3B-13.9% | $2.7B-2.8% | $2.8B |
| Cash & Equivalents | $256.8M-13.7% | $297.7M-5.7% | $315.7M0.0% | $315.7M+17.4% | $269.0M-5.3% | $284.1M-42.5% | $494.5M0.0% | $494.5M |
| Inventory | $1.2B-6.3% | $1.3B-2.5% | $1.3B-3.6% | $1.4B+3.9% | $1.3B-11.1% | $1.5B-3.9% | $1.5B-2.0% | $1.6B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $681.2M+0.2% | $679.6M-31.1% | $986.1M+1.4% | $972.5M+0.7% | $966.1M-8.8% | $1.1B+3.5% | $1.0B-0.2% | $1.0B |
| Total Liabilities | $3.7B-2.5% | $3.8B-2.8% | $3.9B-2.4% | $4.0B+5.3% | $3.8B-5.1% | $4.0B-9.0% | $4.4B-1.7% | $4.5B |
| Current Liabilities | $1.4B+17.6% | $1.2B-8.9% | $1.3B-9.1% | $1.5B+14.7% | $1.3B+7.2% | $1.2B-25.7% | $1.6B-3.9% | $1.7B |
| Long-Term Debt | $1.8B-13.9% | $2.1B0.0% | $2.1B0.0% | $2.1B0.0% | $2.1B-11.6% | $2.4B0.0% | $2.4B0.0% | $2.4B |
| Total Equity | $1.6B-0.5% | $1.6B-14.2% | $1.9B+1.8% | $1.9B-1.1% | $1.9B-7.0% | $2.0B+1.0% | $2.0B-1.8% | $2.0B |
| Retained Earnings | $3.4B-0.3% | $3.4B-7.2% | $3.6B+0.9% | $3.6B-0.2% | $3.6B-3.0% | $3.7B+0.5% | $3.7B+2.0% | $3.6B |
BC Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $132.9M-5.3% | $140.4M-55.6% | $316.2M+1254.0% | -$27.4M-108.9% | $306.4M+354.6% | $67.4M-68.1% | $211.0M+237.5% | -$153.4M |
| Capital Expenditures | $49.3M+45.4% | $33.9M-24.5% | $44.9M+19.1% | $37.7M+24.4% | $30.3M-15.8% | $36.0M-23.6% | $47.1M-12.8% | $54.0M |
| Free Cash Flow | $83.6M-21.5% | $106.5M-60.7% | $271.3M+516.7% | -$65.1M-123.6% | $276.1M+779.3% | $31.4M-80.8% | $163.9M+179.0% | -$207.4M |
| Investing Cash Flow | -$44.1M-60.4% | -$27.5M+21.4% | -$35.0M0.0% | -$35.0M-134.9% | -$14.9M-167.7% | $22.0M+118.2% | -$120.6M-117.7% | -$55.4M |
| Financing Cash Flow | -$128.0M+3.2% | -$132.2M+48.9% | -$258.9M-432.3% | $77.9M+126.3% | -$295.7M+2.8% | -$304.2M-122.2% | -$136.9M-146.5% | $294.1M |
| Dividends Paid | $28.0M0.0% | $28.0M-1.4% | $28.4M+0.7% | $28.2M+1.8% | $27.7M-0.4% | $27.8M-1.4% | $28.2M-1.4% | $28.6M |
| Share Buybacks | $15.0M-31.5% | $21.9M+25.1% | $17.5M-31.6% | $25.6M+156.0% | $10.0M-50.0% | $20.0M-81.2% | $106.4M+67.3% | $63.6M |
BC Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.1%-2.7pp | 25.8%+0.2pp | 25.6%+0.7pp | 24.9%+2.9pp | 21.9%-4.2pp | 26.2%-0.9pp | 27.1%-0.3pp | 27.4% |
| Operating Margin | 3.1%+21.0pp | -17.8%-24.9pp | 7.1%+2.5pp | 4.6%+9.4pp | -4.8%-12.6pp | 7.7%-3.2pp | 11.0%+2.9pp | 8.1% |
| Net Margin | 1.4%+18.7pp | -17.3%-21.4pp | 4.1%+2.5pp | 1.7%+8.8pp | -7.1%-10.6pp | 3.5%-3.4pp | 6.9%+2.0pp | 5.0% |
| Return on Equity | 1.1%+15.6pp | -14.4%-17.5pp | 3.1%+2.0pp | 1.1%+5.4pp | -4.4%-6.6pp | 2.2%-2.8pp | 5.0%+1.7pp | 3.3% |
| Return on Assets | 0.4%+4.7pp | -4.3%-5.4pp | 1.0%+0.7pp | 0.3%+1.8pp | -1.5%-2.2pp | 0.7%-0.8pp | 1.6%+0.5pp | 1.0% |
| Current Ratio | 1.44-0.3 | 1.78+0.1 | 1.68+0.1 | 1.57-0.1 | 1.65-0.3 | 1.97+0.3 | 1.70+0.0 | 1.68 |
| Debt-to-Equity | 1.11-0.2 | 1.28+0.2 | 1.10-0.0 | 1.12+0.0 | 1.11-0.1 | 1.17-0.0 | 1.18+0.0 | 1.16 |
| FCF Margin | 6.3%-1.6pp | 7.8%-10.9pp | 18.8%+24.1pp | -5.3%-29.2pp | 23.9%+21.4pp | 2.5%-8.9pp | 11.3%+26.5pp | -15.2% |
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Frequently Asked Questions
What is Brunswick Corp's annual revenue?
Brunswick Corp (BC) reported $5.4B in total revenue for fiscal year 2025. This represents a 2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Brunswick Corp's revenue growing?
Brunswick Corp (BC) revenue grew by 2.4% year-over-year, from $5.2B to $5.4B in fiscal year 2025.
Is Brunswick Corp profitable?
No, Brunswick Corp (BC) reported a net income of -$137.3M in fiscal year 2025, with a net profit margin of -2.6%.
What is Brunswick Corp's EBITDA?
Brunswick Corp (BC) had EBITDA of $251.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Brunswick Corp have?
As of fiscal year 2025, Brunswick Corp (BC) had $256.8M in cash and equivalents against $1.8B in long-term debt.
What is Brunswick Corp's gross margin?
Brunswick Corp (BC) had a gross margin of 24.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Brunswick Corp's operating margin?
Brunswick Corp (BC) had an operating margin of -0.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Brunswick Corp's net profit margin?
Brunswick Corp (BC) had a net profit margin of -2.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Brunswick Corp pay dividends?
Yes, Brunswick Corp (BC) paid $1.72 per share in dividends during fiscal year 2025.
What is Brunswick Corp's return on equity (ROE)?
Brunswick Corp (BC) has a return on equity of -8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Brunswick Corp's free cash flow?
Brunswick Corp (BC) generated $396.3M in free cash flow during fiscal year 2025. This represents a 50.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Brunswick Corp's operating cash flow?
Brunswick Corp (BC) generated $562.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Brunswick Corp's total assets?
Brunswick Corp (BC) had $5.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Brunswick Corp's capital expenditures?
Brunswick Corp (BC) invested $165.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Brunswick Corp spend on research and development?
Brunswick Corp (BC) invested $168.7M in research and development during fiscal year 2025.
What is Brunswick Corp's current ratio?
Brunswick Corp (BC) had a current ratio of 1.44 as of fiscal year 2025, which is considered adequate.
What is Brunswick Corp's debt-to-equity ratio?
Brunswick Corp (BC) had a debt-to-equity ratio of 1.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brunswick Corp's return on assets (ROA)?
Brunswick Corp (BC) had a return on assets of -2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Brunswick Corp's Piotroski F-Score?
Brunswick Corp (BC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Brunswick Corp's earnings high quality?
Brunswick Corp (BC) has an earnings quality ratio of -4.09x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Brunswick Corp cover its interest payments?
Brunswick Corp (BC) has an interest coverage ratio of -0.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Brunswick Corp?
Brunswick Corp (BC) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.