BC Stock - Brunswick Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $5.24B | $6.40B | $6.81B | $5.85B | $4.35B |
| Gross Profit | $1.35B | $1.79B | $1.95B | $1.67B | $1.21B |
| Gross Margin | 25.8% | 27.9% | 28.6% | 28.5% | 27.9% |
| Operating Income | $311.60M | $734.90M | $947.80M | $812.90M | $539.30M |
| Net Income | $130.10M | $420.40M | $677.00M | $593.30M | $372.70M |
| Net Margin | 2.5% | 6.6% | 9.9% | 10.1% | 8.6% |
| EPS | $1.94 | $5.99 | $9.05 | $7.63 | $4.72 |
Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through Propulsion; Parts & Accessories; and Boat segments. The Propulsion segment provides outboard, sterndrive, and inboard engines for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centers; and propulsion-related controls, rigging, and propellers to original equipment manufacturers and aftermarket retailers, distributors, and distribution businesses. This segment offers its products under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, and Mercury Diesel brands. The Parts & Accessories segment provides engine parts and consumables, electrical products, boat parts and systems, engine oils and lubricants, marine electronics and control systems, instruments, trolling motors, fuel systems, and electrical systems, as well as specialty vehicle, mobile, and transportation aftermarket products for aftermarket retailers, distributors, and distribution businesses, as well for as for the original equipment manufacturers in marine and non-marine markets; and supplies parts and accessories. This segment offers its products under the under the Mercury, Mercury Precision Parts, Quicksilver, and Seachoice brands. The Boat segment provides Sea Ray sport boats and cruisers; Bayliner sport cruisers, runabouts and Heyday wake; Boston Whaler fiberglass offshore boats; Lund fiberglass fishing boats; Crestliner, Cypress Cay, Harris, Lowe, Lund, Princecraft aluminum fishing, utility, pontoon, and deck boats; and Thunder Jet heavy-gauge aluminum boats, as well as the freedom boat club, dealer services, and technology to the marine industry through dealers and distributors. Brunswick Corporation was founded in 1845 and is headquartered in Mettawa, Illinois.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 8th 2025 | Seaport Research Partners | Initiation | Buy | $90 |
| April 28th 2025 | The Benchmark Company | Initiation | Buy | $70 |
| April 4th 2025 | Robert W. Baird | Downgrade | Neutral | $56 |
| November 26th 2024 | B. Riley Securities | Downgrade | Neutral | $88← $95 |
| July 29th 2024 | Northcoast | Upgrade | Buy | $100 |
| May 22nd 2024 | The Benchmark Company | Initiation | Buy | $100 |
| April 15th 2024 | Exane BNP Paribas | Downgrade | Neutral | $82← $94 |
| February 20th 2024 | B. Riley Securities | Upgrade | Buy | $108← $100 |
| January 4th 2024 | Raymond James | Downgrade | Market Perform | - |
| January 2nd 2024 | B. Riley Securities | Downgrade | Neutral | $106 |
| December 18th 2023 | B. Riley Securities | Reiterated | Buy | $106← $88 |
| September 27th 2023 | Morgan Stanley | Initiation | Equal Weight | $84 |
| September 11th 2023 | JP Morgan | Downgrade | Neutral | $79← $109 |
| July 17th 2023 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| April 19th 2023 | KeyBanc Capital Markets | Initiation | Overweight | $100 |
Earnings History & Surprises
BCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.60 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.84 | $0.97 | +15.5% | ✓ BEAT |
Q3 2025 | Jul 24, 2025 | $0.89 | $1.16 | +30.3% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $0.25 | $0.56 | +124.0% | ✓ BEAT |
Q1 2025 | Jan 30, 2025 | $0.22 | $0.24 | +9.1% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.18 | $1.17 | -0.8% | ✗ MISS |
Q3 2024 | Jul 25, 2024 | $1.90 | $1.80 | -5.3% | ✗ MISS |
Q2 2024 | Apr 25, 2024 | $1.36 | $1.35 | -0.7% | ✗ MISS |
Q1 2024 | Feb 1, 2024 | $1.66 | $1.45 | -12.7% | ✗ MISS |
Q4 2023 | Oct 26, 2023 | $2.36 | $2.42 | +2.5% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $2.48 | $2.35 | -5.2% | ✗ MISS |
Q2 2023 | Apr 27, 2023 | $2.36 | $2.57 | +8.9% | ✓ BEAT |
Q1 2023 | Feb 2, 2023 | $1.97 | $1.99 | +1.0% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $2.64 | $2.67 | +1.1% | ✓ BEAT |
Q3 2022 | Jul 28, 2022 | $2.70 | $2.82 | +4.4% | ✓ BEAT |
Q2 2022 | Apr 28, 2022 | $2.32 | $2.53 | +9.1% | ✓ BEAT |
Q1 2022 | Jan 27, 2022 | $1.35 | $1.44 | +6.7% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $1.95 | $2.07 | +6.2% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $2.15 | $2.52 | +17.2% | ✓ BEAT |
Latest News
Seaport Global Initiates Coverage On Brunswick with Buy Rating, Announces Price Target of $90
📈 PositiveBrunswick Division Mercury Marine Secures New 5-Year Exclusive Supply Deal With Axopar Boats
📈 PositiveBrunswick Mercury Marine Extends Exclusive Partnership With Saxdor Yachts For Next Five Years
📈 PositiveBrunswick Corporation Delivers Strong 2025 Fort Lauderdale Boat Show Results With Rising Sales And Record Mercury Marine Share
📈 PositiveMorgan Stanley Maintains Equal-Weight on Brunswick, Raises Price Target to $72
➖ NeutralBrunswick rides premium demand to Q3 beat, upbeat full year outlook
📈 PositiveBrunswick Flags Lag In Competitor Pricing As Pre-Tariff Inventory Cushions U.S. Japan-Tariff Impact; Company Highlights Confident Q3 Positioning
📈 PositiveBrunswick Affirms FY2025 Adj EPS Guidance of $3.25 vs $3.23 Est; Affirms FY2025 Sales Guidance of $5.200B vs $5.165B Est
📈 PositiveBrunswick Q3 Adj. EPS $0.97 Beats $0.85 Estimate, Sales $1.360B Beat $1.262B Estimate
📈 PositiveTruist Securities Maintains Buy on Brunswick, Raises Price Target to $68
📈 PositiveBrunswick Is Investing $5M In Capital Improvements Across Its Tennessee And Florida Facilities, Will Result In The Creation Of More Than 200 U.S. Manufacturing Jobs Over The Next Several Years
📈 PositiveBrunswick Consolidates Global Fiberglass Boat Manufacturing To Cut Costs, Boost Efficiency, And Support Long-Term Growth Capacity
📈 PositiveBrunswick Corporation Doubles Premium Boat Sales At Cannes, Mercury Marine Hits 66% Outboard Share, Wins Top Industry Awards
📈 PositiveB. Riley Securities Maintains Neutral on Brunswick, Raises Price Target to $70
➖ NeutralFrequently Asked Questions about BC
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