Brunswick Corporation (BC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 420,400 | 677,000 | 593,300 | 372,700 | -131,000 |
| Revenue | US$ in thousands | 6,401,400 | 6,812,200 | 5,846,200 | 4,347,500 | 4,108,400 |
| Net profit margin | 6.57% | 9.94% | 10.15% | 8.57% | -3.19% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $420,400K ÷ $6,401,400K
= 6.57%
Brunswick Corp.'s net profit margin has exhibited fluctuations over the past five years. In 2023, the net profit margin stood at 6.57%, lower than the previous two years. This decline indicates that the company's profitability relative to its revenue has decreased. Despite this, Brunswick Corp. maintained a positive net profit margin, demonstrating efficient cost management and effective revenue generation. In 2022 and 2021, the company saw higher net profit margins of 9.94% and 10.15%, respectively, reflecting stronger profitability levels during those periods. The significant improvement from a negative net profit margin of -3.19% in 2019 to positive margins in subsequent years highlights the company's successful turnaround efforts in boosting profitability. These fluctuations suggest that Brunswick Corp. may be navigating varying economic conditions and adjusting its strategies to optimize profitability.
Peer comparison
Dec 31, 2023