BC · Brunswick Corp · Financials

$78.84 -0.21 (-0.27%) Q3 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$5.12B

64.80M

Volume · Nov 3 738.95K Avg daily vol (3M) 760.93K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$5.36B +2.4%

FY2025

Net Income

-$137.3M -205.5%

FY2025

Gross Margin

24.84% -1pp

FY2025

Operating Margin

-0.76% -6.7pp

FY2025

Diluted EPS

-$2.08 -207.8%

FY2025

Operating Cash Flow

$562.1M +30.3%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenue	-7.7%	+4.3%	+3.6%	$5.7B – $5.8B	$5.63B	$5.36B^G	$5.24B^G	$6.4B^G	$6.81B^G	$5.85B^G	$4.35B	$4.11B	$4.12B	$3.8B	$4.49B	$3.78B	$3.84B	$3.6B	$3.42B	$3.67B	$3.34B	$2.78B
Cost of Revenue	-6.1%	+5.2%	+4.0%	—	$4.19B	$4.03B	$3.89B	$4.61B	$4.87B	$4.18B	$3.13B	$2.99B	$3.07B	$2.85B	$3.26B	$2.72B	$2.8B	$2.65B	$2.54B	$2.79B	$2.6B	$2.46B
Gross Profit	-11.9%	+1.9%	+1.8%	—	$1.44B	$1.33B^d	$1.35B^d	$1.79B^d	$1.95B^d	$1.67B^d	$1.21B	$1.12B	$1.05B	$1.26B	$1.18B	$1.11B	$1.04B	$949.3M	$944M	$877.4M	$720M	$315.6M^d
Gross Margin	—	—	—	—	—	24.84%^d	25.79%^d	27.92%^d	28.58%^d	28.5%^d	27.9%	27.29%	25.41%	33.19%	26.3%	29.49%	27.01%	26.37%	27.63%	23.91%	21.57%	11.37%^d
Research & Development	-6.0%	+6.0%	+4.0%	—	$185.1M	$168.7M	$169.6M	$185.2M	$202.9M	$154.5M	$125.9M	$121.6M	$121.5M	$111.6M	$139.2M	$113.9M	$119.6M	$114.8M	$101M	$95.9M	$90.3M	$88.5M
Selling, General & Administrative	+3.3%	+9.4%	+4.9%	—	$919.7M	$851.1M	$747.9M	$812.2M	$771.4M	$697.8M	$543.7M	$509.6M	$515.2M	$458.1M	$598.1M	$527.8M	$556.6M	$536.2M	$512.7M	$546.5M	$529.8M	$625.1M
Amortization of Intangibles	+7.4%	+19.7%	+38.6%	—	$77.9M	$78.4M	$74.8M	$68.6M	$63.3M	$36M	$31.9M	$31.6M	$14.8M	$2.7M	$6.8M	$3M	$2.9M	$2.7M	$4.1M	$6.3M	$8.8M	$11.2M
Depreciation & Amortization	+8.2%	+13.8%	+14.3%	—	$297.8M	$292.5M	$288.8M	$272.9M	$231.2M	$178.1M	$153.4M	$138.7M	$124M	$87.1M	$103.9M	$77.1M	$81.2M	$71.4M	$72.9M	$99.4M	$123.9M	$157.3M
Total Operating Expenses	+10.6%	—	—	—	$1.44B	$1.35B	$1.02B	$1.04B	$999.3M	—	—	—	—	—	—	—	—	—	—	—	—	—
Operating Income	—	—	—	—	-$20.6M	-$40.7M	$311.6M	$734.9M	$947.8M	$812.9M	$539.3M	$471M	$355.5M	$330.3M	$479.5M	$331.3M	$328.5M	$281.8M	$237.2M	$213.7M	$62.9M	-$570.5M
Operating Margin	—	—	—	—	—	-0.76%	5.95%	11.48%	13.91%	13.9%	12.4%	11.46%	8.63%	8.69%	10.68%	8.76%	8.56%	7.83%	6.94%	5.82%	1.88%	-20.55%
EBITDA	-40.2%	-18.3%	-4.7%	—	$277.2M	$251.8M	$600.4M	$1.01B	$1.18B	$991M	$692.7M	$609.7M	$479.5M	$417.4M	$583.4M	$408.4M	$409.7M	$353.2M	$310.1M	$313.1M	$186.8M	-$413.2M
Interest Expense	+4.4%	+10.7%	+15.0%	—	$101.4M	$111.7M	$126.6M	$112.4M	$98.1M	$65.9M	$67.3M	$76M	$46M	$26.4M	$27.5M	$27.7M	$29.9M	$41.9M	$66.3M	$81.8M	$94.4M	$86.1M
Interest Income	+5.7%	+43.1%	+12.6%	—	$6.2M	$7.2M	$13.4M	$10.2M	$6.1M	$2.1M	$1.2M	$3.3M	$2.9M	$2.6M	$1.8M	$2.2M	$1.2M	$1.5M	$2.9M	$3.9M	$3.6M	$3.2M
Other Non-Operating Income	—	—	—	—	-$4.2M	-$1.6M	$9M	$7.6M	-$6.1M	-$6.8M	-$6.1M	-$2.1M	-$4.3M	-$3.1M	-$13.3M	$5.3M	$6.5M	$2.4M	$2.2M	-$600K	-$1.5M	-$2.5M
Equity in Earnings of Unconsolidated Entities	+20.5%	+9.2%	+6.6%	—	$6.4M	$7M	$8.6M	-$11.4M	$4M	$2.3M	$4.5M	$7.3M	$7.7M	$6.1M	$4.3M	$3.7M	$1.8M	-$2.1M	-$3.7M	-$4.7M	-$3M	-$15.7M
Pretax Income	—	—	—	—	-$105.8M	-$135.7M	$203.3M	$628.9M	$853.6M	$736.4M	$472.7M	$110.7M	$310.7M	$212.9M	$389.7M	$314.8M	$287.9M	$208.9M	$156M	$110.7M	-$38.1M	—
Income Tax	-89.5%	-71.0%	-45.3%	—	-$19.3M	$200K	$54M	$196.3M	$172.3M	$141M	$98M	$80.3M	$57.3M	$111.6M	$115.3M	$83.9M	$93M	-$547.9M	$31.4M	$20.1M	$25.9M	-$98.5M
Net Income	—	—	—	—	-$86M	-$137.3M	$130.1M	$420.4M	$677M	$593.3M	$372.7M	-$131M	$265.3M	$146.4M	$276M	$241.4M	$245.7M	$769.2M	$50M	$71.9M	-$110.6M	-$586.2M
Net Margin	—	—	—	—	—	-2.56%	2.48%	6.57%	9.94%	10.15%	8.57%	-3.19%	6.44%	3.85%	6.15%	6.39%	6.4%	21.37%	1.46%	1.96%	-3.31%	-21.12%
Comprehensive Income	—	—	—	—	-$78.8M	-$106.6M	$102.4M	$424.2M	$679M	$604.5M	$383.4M	$178.7M	$262M	$221.2M	$315.5M	$247.8M	$166.7M	$922.8M	$35.7M	-$53.4M	-$151.3M	-$528.7M
EPS (Basic) USD/shares	—	—	—	—	-$1.28	-$2.08	$1.94	$5.99	$9.05	$7.63	$4.70	-$1.54	$3.03	$1.64	$3.03	$2.60	$2.63	$8.43	$0.56	$0.81	-$1.25	-$6.63
EPS (Diluted) USD/shares	—	—	—	$4.65*	-$1.27	-$2.08^G	$1.93^G	$5.96^G	$9.00^G	$7.57^G	$4.68^G	-$1.53	$3.01	$1.62	$3.00	$2.56	$2.58	$8.20	$0.54	$0.78	-$1.25	-$6.63
Shares Outstanding (Basic Avg) shares	-4.1%	-3.6%	-3.4%	—	—	65.9M	67.2M	70.2M	74.8M	77.8M	79.2M	85.2M	87.6M	89.4M	91.2M	93M	93.6M	91.2M	89.8M	89.3M	88.7M	88.4M
Shares Outstanding (Diluted Avg) shares	-4.3%	-3.7%	-3.5%	—	—	65.9M	67.4M	70.5M	75.2M	78.4M	79.7M	85.6M	88.2M	90.1M	92M	94.3M	95.1M	93.8M	92.4M	92.2M	88.7M	88.4M

^d Gross profit for periods the company did not report it, or tagged its operating income as gross profit, is Revenue − Cost of Revenue. Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $2.11B in buybacks, $996.8M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Current debt and lease obligations	2026-07-04	USD 295,200,000	10-Q filed 2026-08-05
Current portion of long-term debt	2026-07-04	USD 295,200,000	10-Q filed 2026-08-05
Noncurrent debt carrying amount	2026-07-04	USD 1,805,700,000	10-Q filed 2026-08-05
Noncurrent operating lease liabilities	2026-07-04	USD 190,200,000	10-Q filed 2026-08-05

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

1.23×

Peer median 0.75×

EV/EBIT

—

Peer median 15.00×

P/E (TTM)

—

Peer median 21.38×

Peer medians compare against the 7 similar-size Recreational Vehicles companies (of 16 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Propulsion	$2,177,200,000	$1,809,000,000	$2,406,500,000	$2,425,700,000	$2,504,700,000	$1,878,400,000	$1,692,900,000	$1,759,300,000
Boat	$1,525,200,000	$1,553,500,000	$1,988,700,000	$2,119,100,000	$1,703,100,000	$1,250,300,000	$1,334,300,000	$1,471,300,000
Engine Parts and Accessories	$1,217,500,000	$1,154,500,000	$1,192,700,000	$1,302,600,000	$1,371,700,000	—	—	—
Navico Group	$800,400,000	$720,100,000	$813,500,000	$964,800,000	$688,300,000	—	—	—
Corporate	$0	$0	$0	$0	$0	$0	$0	$0
Marine Engine	—	—	—	—	—	—	$3,073,500,000	$2,993,600,000
Parts and Accessories	—	—	$1,192,700,000	$1,302,600,000	$1,366,600,000	$1,508,800,000	$1,380,100,000	$1,234,300,000
Total Marine	—	—	—	—	—	—	$4,108,400,000	$4,120,900,000
Segment Continuing Operations	—	—	—	—	—	—	$4,108,400,000	$4,120,900,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$3,614,400,000	$3,547,600,000	$4,449,800,000	$4,699,200,000	$3,961,900,000	$2,998,000,000	$2,871,100,000	$2,918,000,000
Non Us	$1,748,400,000	$1,689,500,000	$1,951,600,000	$2,113,000,000	$1,884,300,000	$1,349,500,000	$1,237,300,000	$1,202,900,000
Europe	$781,900,000	$758,600,000	$859,800,000	$927,100,000	$820,500,000	$564,200,000	$526,500,000	—
Asia Pacific	$377,600,000	$360,800,000	$416,500,000	$474,100,000	$451,400,000	$386,000,000	$277,800,000	—
Rest of World	$317,900,000	$314,000,000	$332,800,000	$286,400,000	$238,200,000	$169,200,000	$165,800,000	—
Canada	$317,700,000	$293,700,000	$402,500,000	$494,500,000	$440,200,000	$261,800,000	$297,600,000	—
Corporate	—	$0	$0	$0	$0	$0	$0	$0

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Outboard Engines	$1,703,700,000	$1,600,500,000	$2,198,900,000	$2,221,500,000	$1,935,100,000	$1,471,800,000	$1,306,700,000	—
Distribution	$717,000,000	$657,100,000	$691,800,000	$781,700,000	$820,100,000	$664,200,000	$571,800,000	—
Aluminum Freshwater Boats	$575,700,000	$551,200,000	$726,000,000	$874,100,000	$712,400,000	$488,500,000	$556,600,000	$619,000,000
Engine Parts and Accessories	$500,500,000	$503,700,000	$508,000,000	$528,500,000	$551,600,000	$432,500,000	$395,300,000	—
Recreational Fiberglass Boats	$456,300,000	$439,700,000	$643,000,000	$727,400,000	$571,600,000	$427,100,000	$438,800,000	$485,900,000
Electronic Solutions	$398,100,000	$370,900,000	$421,000,000	—	—	—	—	—
Controls, Rigging and Propellers	$342,800,000	$343,900,000	$391,600,000	$382,100,000	$352,400,000	$258,400,000	$213,600,000	—
Saltwater Fishing Boats	$333,200,000	$395,700,000	$472,800,000	$404,300,000	$371,900,000	$298,700,000	$316,600,000	$362,100,000
Power Solutions	$276,700,000	$298,200,000	$326,500,000	—	—	—	—	—
Business Acceleration	$208,900,000	$199,200,000	$167,600,000	$126,000,000	$60,100,000	$40,500,000	$24,100,000	$4,300,000
Sterndrive Engine	$130,700,000	$129,800,000	$173,300,000	$220,400,000	$217,200,000	$148,200,000	$172,600,000	—
Performance Solutions	$125,600,000	$131,100,000	$167,200,000	—	—	—	—	—
Advanced Systems Group	—	—	—	—	$513,700,000	$412,100,000	$413,000,000	—
Navico Group	—	$800,200,000	$914,700,000	$1,069,300,000	$688,300,000	$412,100,000	—	—
Navico	—	—	—	—	$122,800,000	$0	—	—
Parts and Accessories	—	—	—	—	—	—	$1,594,200,000	$1,442,000,000
Propulsion	—	—	—	—	—	—	$1,479,300,000	$1,551,600,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Engine Parts and Accessories	$220,300,000	$219,900,000	$217,400,000	$268,000,000	$282,400,000	—	—	—
Propulsion	$193,000,000	$242,600,000	$494,700,000	$522,900,000	$449,700,000	$285,500,000	$240,300,000	$243,800,000
Boat	$32,200,000	$63,300,000	$155,600,000	$212,800,000	$142,300,000	$70,200,000	$76,200,000	$9,100,000
Corporate	-$146,600,000	-$113,600,000	-$138,000,000	-$124,100,000	-$114,900,000	-$91,800,000	-$83,000,000	-$85,400,000
Navico Group	-$339,600,000	-$100,600,000	$5,200,000	$68,200,000	$53,400,000	—	—	—
Parts and Accessories	—	—	—	—	—	$275,400,000	$237,500,000	$188,000,000

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Propulsion	8.9%	13.4%	20.6%	21.6%	18%	15.2%	14.2%	13.9%
Boat	2.1%	4.1%	7.8%	10%	8.4%	5.6%	5.7%	0.6%
Engine Parts and Accessories	18.1%	19%	18.2%	20.6%	20.6%	—	—	—
Navico Group	-42.4%	-14%	0.6%	7.1%	7.8%	—	—	—
Parts and Accessories	—	—	—	—	—	18.3%	17.2%	15.2%

Key facts CIK 14930 CUSIP 117043109 13F (30d) 156 filings 136 filers Visit website Investor relations