Brunswick Corporation (BC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,237,100 | 6,401,400 | 6,812,200 | 5,846,200 | 4,347,500 |
| Total assets | US$ in thousands | 5,677,700 | 6,230,500 | 6,321,300 | 5,425,000 | 3,770,600 |
| Total asset turnover | 0.92 | 1.03 | 1.08 | 1.08 | 1.15 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,237,100K ÷ $5,677,700K
= 0.92
The total asset turnover ratio for Brunswick Corporation has shown a declining trend over the past five years. From 1.15 in December 2020, it decreased to 0.92 by December 2024. This indicates that the company generated less revenue relative to its total assets in 2024 compared to 2020. A decrease in total asset turnover could suggest inefficiency in asset utilization or a decline in sales efficiency. It would be advisable for Brunswick Corporation to further investigate the reasons behind this trend and look for opportunities to improve asset turnover in order to enhance its overall financial performance.
Peer comparison
Dec 31, 2024