Brunswick Corporation

BC Consumer Cyclical Recreational Vehicles

Brunswick Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, up 2.40% from fiscal 2024.

Revenue
+6.89%
EPS
+126.4%
Free cash flow
+30.0%
Total debt
−8.74%

Quarter to September 2026, against a year earlier

79.09 2.21 −2.72%
Market cap
$5.1B
P/E
24.4×
Fwd P/E
19.1×
Dividend yield
2.21%
F-score
5/9
Altman Z
2.81
Beneish M
−2.93
Dividend safety
41/100

Insider Decisions last twelve months

Sold, $m 7.08
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 4 — — 2 — — 1 — — 1
Insider Ownership 2.03%

Capital & Financial Ratios $m

Size
Market Cap 5,110.00
Revenue ttm 5,723.60
Net income ttm 211.10
Free cash flow ttm 388.70
Net debt Q 1,722.10
Valuation
P/E 24.44
Forward P/E 19.10
Price / sales 0.90
Forward P/S Powerpack
Price / FCF 13.25
Price / book 3.07
Financial health
Current ratio Q 1.51 (at or above 1.5: strong)
Debt / equity Q 1.18
Interest coverage Q 4.54
Growth
Revenue growth Q +6.89% (above 0%: growing)
Operating income growth Q +142.94% (above 0%: growing)
EPS, this year +41.21% (at or above 15%: strong)
EPS, next year A +20.17% (at or above 15%: strong)
Revenue, next year A +7.46%
EPS, past 5 yrs —
EPS, next 5 yrs A +23.27% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 75.21%
10-year low 10-year high
P/S against its own 10 years 25.82%
10-year low 10-year high
P/B against its own 10 years 48.59%
10-year low 10-year high
EV/Sales against its own 10 years 36.56%
10-year low 10-year high
EV/FCF against its own 10 years 28.27%
10-year low 10-year high

Dividends raised 2 years running

Yield
2.21%
Annual rate
1.75
Payout ratio
54.2%
Growth, 2017–25
+12.2%/yr
  1. 0.69 ’17
  2. 0.78 ’18 +14
  3. 0.87 ’19 +12
  4. 0.99 ’20 +14
  5. 1.28 ’21 +29
  6. 1.83 ’22 +43
  7. 1.60 ’23 −12
  8. 1.68 ’24 +5
  9. 1.72 ’25 +2
  10. 1.77 ’26e +3
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 480 287 276 279
Receivables 493 429 523 519
Inventory 1,477 1,303 1,192 1,290
Other — — — —
2,510 2,114 2,063 2,183
2023 2024 2025 Q'26
Payables 558 393 375 485
ST’ Debt 455 243 295 195
Other — — — —
1,752 1,280 1,429 1,445

Compound Annual Growth %

10y 5y 3y
Sales 3.56% 4.29% (7.66%)
Cash Flow 5.45% (6.78%) (1.38%)
Earnings 0.00% 0.00% 0.00%
Book Value 2.41% 1.49% (7.32%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.32 1.68 0.95 — —
’25 0.30 0.89 (3.59) 0.28 (2.08)
’24 0.99 1.48 0.67 (1.24) 1.93
’23 1.56 1.90 1.61 0.88 5.96
’22 2.25 2.59 2.20 1.95 9.00
’21 2.15 2.29 1.83 1.30 7.57
’20 0.86 0.89 1.73 1.20 4.68
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,378 1,558 1,454 — —
’25 1,222 1,447 1,360 1,334 5,363
’24 1,365 1,444 1,273 1,155 5,237
’23 1,744 1,702 1,594 1,362 6,401
’22 1,696 1,836 1,698 1,583 6,812
’21 1,433 1,555 1,427 1,431 5,846
’20 966 988 1,233 1,161 4,348
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (64) 314 187 — —
’25 (27) 316 140 133 562
’24 (153) 211 67 306 431
’23 (16) 268 198 283 734
’22 (142) 289 165 275 586
’21 8 333 123 109 574
’20 (79) 296 424 157 798
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (117) 277 141 — —
’25 (62) 275 109 87 409
’24 (205) 167 34 283 279
’23 (107) 192 143 231 459
’22 (241) 194 64 191 209
’21 (30) 266 54 24 314
’20 (135) 262 395 97 619
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 4,489 3,802 4,121 4,108 4,348 5,846 6,812 6,401 5,237 5,363 5,724 +2.0% 5,763 6,077 6,344 +5.8%
Gross margin, % 27.46 24.95 25.41 27.29 27.90 28.50 28.58 27.92 25.79 24.84 26.22 (2.6) pt
EBT 390 213 311 111 473 736 854 629 203 (136) 243 n/m
EBT margin, % 8.68 5.60 7.54 2.69 10.87 12.60 12.53 9.82 3.88 (2.53) 4.25 (11.2) pt
Net income 276 146 265 (131) 373 593 677 420 130 (137) 211 n/m
Per share, $
Per share, $ Revenue 49.22 42.53 47.04 48.22 54.89 75.14 91.07 91.19 77.93 81.38 87.92 +5.7%
Earnings 3.03 1.64 3.03 (1.54) 4.70 7.63 9.05 5.99 1.94 (2.08) 3.24 n/m
Cash flow 4.77 4.48 3.85 5.10 10.08 7.38 7.84 10.45 6.42 8.53 8.75 +6.7%
Capex (2.11) (1.90) (2.05) (2.64) (2.27) (3.34) (5.04) (3.91) (2.27) (2.32) (2.77) +1.1%
Free cash flow 2.67 2.57 1.79 2.45 7.81 4.04 2.80 6.54 4.15 6.20 5.97 +9.8%
Book value 15.79 16.59 18.07 15.27 19.07 24.60 27.30 29.74 28.16 24.67 25.97 +5.1%
Shares, m 91 89 88 85 79 78 75 70 67 66 65 (3.5%)
Valuation, ×
Valuation, × P/E 18.28 34.56 15.33 0.00 16.22 13.24 7.99 15.94 34.04 0.00 24.44 15.6
P/S 1.13 1.32 0.99 1.24 1.39 1.34 0.79 1.04 0.83 0.91 0.90 1.1
P/B 3.51 3.38 2.57 3.93 4.00 4.09 2.64 3.19 2.30 3.01 3.07 3.3
EV/Sales 1.12 1.31 1.21 1.43 1.47 1.59 1.07 1.35 1.22 1.25 1.20 1.3
EV/FCF 20.64 21.65 31.72 28.18 10.35 29.56 34.86 18.78 22.94 16.43 17.68 23.5
Cash, $m
Cash, $m Operating cash flow 435 400 337 434 798 574 586 734 431 562 569 +2.9%
Capex (192) (170) (180) (225) (179) (260) (377) (274) (152) (153) (181) (2.5%)
Free cash flow 243 230 157 209 619 314 209 459 279 409 389 +5.9%
Balance, $m
Balance, $m Working capital 724 812 624 581 591 682 1,205 758 834 635 738 (1.4%)
Net debt (30) (22) 917 777 364 1,449 1,896 1,951 2,054 1,827 1,722 n/m
Shareholders’ equity 1,440 1,483 1,583 1,301 1,510 1,914 2,042 2,087 1,892 1,626 1,690 +1.4%
Returns, %
Returns, % ROA 8.58 4.41 6.94 (3.34) 10.16 12.90 11.53 6.70 2.19 (2.50) 3.89 (11.1) pt
ROIC 21.25 14.13 8.89 14.17 17.98 15.11 15.04 11.37 4.94 (0.74) 5.96 (22.0) pt
ROE 20.28 10.02 17.31 (9.09) 26.52 34.65 34.22 20.36 6.54 (7.81) 0.00 (28.1) pt
People
People Employees 14,415 15,116 16,038 12,828 14,382 18,582 18,400 17,300 15,000 14,000 — (0.3%)
Revenue/emp, $m 0.31 0.25 0.26 0.32 0.30 0.31 0.37 0.37 0.35 0.38 — +2.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Brunswick Corporation vs peers in Recreational Vehicles (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BC Brunswick Corporation $5.1B 24.4× 19.1× +6.89% (above 0%: growing) n/m +29.95% (above 0%: growing) 28.32% 7.15%
DOO BRP Inc. $4.6B 57.4× — +16.59% (above 0%: growing) n/m +116.16% (above 0%: growing) 11.74% (2.24%) Compare
THO Thor Industries, Inc. $4.3B 24.4× 20.2× −8.41% (below 0%: shrinking) −66.96% (below 0%: shrinking) −26.73% (below 0%: shrinking) 12.36% 2.19% Compare
PII Polaris Inc. $3.7B — (loss-making) 28.3× +10.91% (above 0%: growing) n/m +170.18% (above 0%: growing) 21.17% 3.59% Compare
HOG Harley-Davidson, Inc. $3.4B — (loss-making) 39.8× −19.25% (below 0%: shrinking) −87.35% (below 0%: shrinking) +344.65% (above 0%: growing) 25.97% 3.45% Compare
PATK Patrick Industries, Inc. $2.7B 20.1× 18.8× −0.04% (below 0%: shrinking) −38.64% (below 0%: shrinking) +437.85% (above 0%: growing) 23.57% 5.11% Compare
LCII LCI Industries $2.5B 12.5× 11.8× −4.24% (below 0%: shrinking) −19.53% (below 0%: shrinking) −35.24% (below 0%: shrinking) 26.58% 7.56% Compare
WGO Winnebago Industries, Inc. $944.6M 27.5× 20.4× −17.01% (below 0%: shrinking) −30.61% (below 0%: shrinking) −20.96% (below 0%: shrinking) 12.51% 2.73% Compare
MCFT MASTERCRAFT BOAT HOLDINGS, INC. $503.4M — (loss-making) 12.7× +63.41% (above 0%: growing) n/m −18.29% (below 0%: shrinking) 22.56% (4.86%) Compare
Median of peers $3.0B 24.4× 20.2× −2.14% −38.64% +48.93% 21.87% 3.09%

All 18 Recreational Vehicles stocks →

Pay and ownership Proxy statement filed 19 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 13.02m 14.49m 138.09
2024 10.99m 279.70k 117.40
2023 10.85m 13.95m 172.04
2022 9.54m 2.92m 126.14
2021 9.64m 20.40m 171.03

Ownership

Directors and executive officers, together less than 1%
The Vanguard Group, Inc.1 10.30%
BlackRock, Inc.2 8.70%
Massachusetts Financial Services Company3 5.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Brunswick Corporation (BC) Latest News

30 Oct

Impact 3 · · MarketBeat transcript

29 Oct

Impact 4 · · The Motley Fool transcript
Impact 4 · · StockStory
Impact 3 · · Associated Press
Impact 3 · · GlobeNewswire

28 Oct

12 Oct

Impact 3 · · StockStory

29 Sep

21 Sep

Impact 4 · · GlobeNewswire

24 Aug

BC metrics, ten years each

stockrow.com/BC · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com