Brunswick Corporation (BC)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 203,300 | 375,200 | 465,400 | 504,500 | 628,900 | 707,000 | 761,600 | 844,600 | 853,600 | 791,300 | 760,000 | 740,000 | 736,400 | 753,900 | 746,200 | 600,400 | 472,700 | 415,100 | 49,800 | 104,800 |
| 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 |
| Pretax margin | 3.88% | 6.89% | 8.07% | 8.38% | 9.82% | 10.68% | 11.32% | 12.31% | 12.53% | 11.88% | 11.89% | 12.11% | 12.60% | 13.52% | 13.86% | 12.47% | 10.87% | 10.11% | 1.29% | 2.60% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $203,300K ÷ $5,237,100K
= 3.88%
The pretax margin of Brunswick Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 2.60% in March 2020, decreased to 1.29% in June 2020, and then saw a significant increase to 10.11% in September 2020. Subsequently, the pretax margin continued to rise, reaching 13.86% in June 2021, before stabilizing around the range of 11% to 13% for the next few quarters.
However, starting from March 31, 2023, the pretax margin began to decline, dropping to 8.38% by the end of March 2024. The decline continued, and by December 31, 2024, the pretax margin had fallen to 3.88%.
Overall, the pretax margin of Brunswick Corporation exhibited volatility and underwent both increases and decreases during the period under review. It is important for the company to closely analyze the factors driving these fluctuations to maintain a healthy level of profitability in the future.
Peer comparison
Dec 31, 2024