Brunswick Corporation (BC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 203,300 | 628,900 | 853,600 | 736,400 | 472,700 |
| Revenue | US$ in thousands | 5,237,100 | 6,401,400 | 6,812,200 | 5,846,200 | 4,347,500 |
| Pretax margin | 3.88% | 9.82% | 12.53% | 12.60% | 10.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $203,300K ÷ $5,237,100K
= 3.88%
Brunswick Corporation's pretax margin has demonstrated varying trends over the past five years, as evidenced by the data provided. The pretax margin increased from 10.87% in December 2020 to 12.60% in December 2021, indicating improved profitability. However, there was a slight decline to 12.53% by December 2022.
The company experienced a notable decrease in pretax margin to 9.82% in December 2023, which may raise concerns about its cost management and revenue generation efficiency during that period. This downward trend continued significantly, with the pretax margin plummeting to 3.88% by December 2024.
The declining trend in pretax margin from 2022 to 2024 suggests potential challenges Brunswick Corporation may have faced in controlling costs or maintaining profitability amidst changing market conditions or internal factors. Further analysis of the company's financial performance and operational strategies would be necessary to understand the underlying reasons behind these fluctuations in pretax margin.
Peer comparison
Dec 31, 2024