Brunswick Corporation (BC)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 616,700 | 849,300 | 734,300 | 470,700 | -50,700 |
| Revenue | US$ in thousands | 6,401,400 | 6,812,200 | 5,846,200 | 4,347,500 | 4,108,400 |
| Pretax margin | 9.63% | 12.47% | 12.56% | 10.83% | -1.23% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $616,700K ÷ $6,401,400K
= 9.63%
The pretax margin of Brunswick Corp. has shown fluctuations over the past five years. In 2019, the pretax margin was 2.69%, indicating relatively low profitability before taxes. There was a significant improvement in 2020, with the pretax margin increasing to 10.87%. However, the following years saw some fluctuations, with pretax margins of 12.60% in 2021, 12.53% in 2022, and 9.82% in 2023.
Overall, despite some variability, Brunswick Corp. has generally demonstrated decent pre-tax profitability levels over the past five years. It is important for the company to continue monitoring and managing its expenses and revenue streams to maintain and improve its pretax margin in the future.
Peer comparison
Dec 31, 2023