Brunswick Corporation (BC)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	869,100	1,087,400	934,600	1,213,000	1,121,000
Revenue	US$ in thousands	6,401,400	6,812,200	5,846,200	4,347,500	4,108,400
Gross profit margin		13.58%	15.96%	15.99%	27.90%	27.29%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $869,100K ÷ $6,401,400K
= 13.58%

Brunswick Corp.'s gross profit margin has been relatively stable over the past five years, ranging from 27.29% in 2019 to 28.58% in 2022. In 2023, the gross profit margin decreased slightly to 27.92%. This indicates that the company is effectively managing its production costs and generating profits from its core operations. A consistent gross profit margin suggests that Brunswick Corp. has been able to maintain pricing power and control its cost of goods sold. Overall, the company's gross profit margin reflects a healthy level of profitability and efficiency in its operations.

Peer comparison

Dec 31, 2023

Company name

Symbol

Gross profit margin

Brunswick Corporation

13.58%