Brunswick Corporation (BC)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,237,100 | 5,444,100 | 5,764,400 | 6,022,800 | 6,401,400 | 6,622,200 | 6,726,800 | 6,860,100 | 6,812,200 | 6,660,500 | 6,389,500 | 6,108,700 | 5,846,200 | 5,576,300 | 5,382,200 | 4,815,200 | 4,347,500 | 4,104,000 | 3,847,500 | 4,023,200 |
| Total assets | US$ in thousands | 5,677,700 | 6,023,500 | 6,395,700 | 6,508,700 | 6,230,500 | 6,100,900 | 6,290,100 | 6,288,600 | 6,321,300 | 6,124,900 | 6,166,500 | 6,093,000 | 5,425,000 | 5,180,600 | 4,138,500 | 3,943,200 | 3,770,600 | 3,690,800 | 3,739,100 | 3,904,600 |
| Total asset turnover | 0.92 | 0.90 | 0.90 | 0.93 | 1.03 | 1.09 | 1.07 | 1.09 | 1.08 | 1.09 | 1.04 | 1.00 | 1.08 | 1.08 | 1.30 | 1.22 | 1.15 | 1.11 | 1.03 | 1.03 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,237,100K ÷ $5,677,700K
= 0.92
Total asset turnover is a financial ratio that measures a company's ability to generate sales from its assets. In the case of Brunswick Corporation, the total asset turnover has fluctuated over the period analyzed.
From March 31, 2020, to June 30, 2021, the total asset turnover ratio showed a general increasing trend, indicating that Brunswick was becoming more effective at utilizing its assets to generate sales. However, from September 30, 2021, to March 31, 2024, the total asset turnover ratio declined, suggesting a decrease in asset efficiency in generating revenue.
Specifically, the total asset turnover ratio peaked at 1.30 on June 30, 2021, which may indicate a period of strong performance in asset utilization. Conversely, the ratio reached its lowest point of 0.90 on June 30, 2024, signaling a potential decline in asset efficiency.
Overall, the fluctuation in Brunswick Corporation's total asset turnover ratio indicates varying levels of efficiency in generating sales from its assets over the period analyzed. Further analysis of the company's operational and strategic decisions may be necessary to understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2024