Brunswick Corporation (BC)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.14% | 17.65% | 18.50% | 19.21% | 15.96% | 15.64% | 15.42% | 15.57% | 15.99% | 19.99% | 23.25% | 25.50% | 27.90% | 27.13% | 26.34% | 26.98% | 27.29% | 27.19% | 26.79% | 25.77% |
| Operating profit margin | 11.48% | 12.36% | 12.78% | 13.77% | 13.91% | 13.18% | 13.29% | 13.43% | 13.90% | 14.84% | 15.07% | 13.87% | 12.40% | 11.63% | 10.51% | 11.44% | 11.46% | 11.23% | 10.54% | 8.92% |
| Pretax margin | 9.63% | 10.67% | 11.27% | 12.24% | 12.47% | 11.79% | 11.84% | 12.08% | 12.56% | 13.47% | 13.87% | 12.46% | 10.83% | 9.90% | 0.87% | 1.35% | -1.23% | -1.25% | 5.23% | 4.92% |
| Net profit margin | 6.57% | 7.57% | 8.21% | 8.97% | 9.94% | 9.56% | 9.64% | 9.79% | 10.15% | 10.52% | 10.81% | 9.82% | 8.57% | 8.40% | -0.84% | -0.64% | -3.19% | -3.73% | 3.66% | 3.71% |
Brunswick Corp.'s profitability ratios exhibit some fluctuations over the past eight quarters. The gross profit margin has ranged between 27.92% and 28.71%, showing a relatively stable performance in maintaining gross profit relative to revenue.
However, the operating profit margin experienced more significant variability, ranging from 12.33% to 14.23%. This indicates fluctuations in operating efficiency and effectiveness in managing operating expenses.
Similarly, the pretax margin and net profit margin have shown varied trends, with the pretax margin fluctuating between 9.82% and 12.53%, and the net profit margin ranging from 6.57% to 9.94%. These variations suggest changes in the company's ability to generate profits before and after accounting for taxes.
Overall, Brunswick Corp. has demonstrated a reasonable level of profitability, with the net profit margin consistently above 6% in all quarters. However, the fluctuations in operating and pretax margins may require further analysis to understand the underlying factors driving these changes in profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.80% | 13.41% | 13.67% | 15.02% | 14.99% | 14.33% | 13.77% | 13.47% | 14.98% | 15.97% | 19.60% | 16.94% | 14.30% | 12.93% | 10.82% | 11.78% | 13.21% | 12.76% | 11.01% | 8.65% |
| Return on assets (ROA) | 6.75% | 8.22% | 8.78% | 9.78% | 10.71% | 10.40% | 9.99% | 9.82% | 10.94% | 11.33% | 14.06% | 12.00% | 9.88% | 9.34% | -0.87% | -0.66% | -3.68% | -4.23% | 3.83% | 3.60% |
| Return on total capital | 17.94% | 20.17% | 19.20% | 21.14% | 21.23% | 19.78% | 18.58% | 18.04% | 21.67% | 22.37% | 31.07% | 26.15% | 22.25% | 19.21% | 4.30% | 5.37% | 1.07% | 1.02% | 10.53% | 9.59% |
| Return on equity (ROE) | 20.14% | 24.03% | 26.29% | 29.82% | 33.15% | 31.82% | 30.73% | 30.21% | 30.99% | 31.73% | 32.87% | 28.80% | 24.68% | 23.64% | -2.38% | -1.97% | -10.07% | -10.91% | 10.06% | 10.22% |
Brunswick Corp.'s profitability ratios show a generally positive trend over the quarters provided.
- Operating return on assets (Operating ROA) has been consistently above 10% over the quarters, indicating efficient management in generating operating profits from its assets. However, there was a slight decrease from Q1 2023 to Q4 2023.
- Return on assets (ROA) demonstrates the company's ability to generate profit from its total assets. Brunswick Corp. shows a declining trend from Q1 2023 to Q4 2023, possibly indicating decreased efficiency in asset utilization for generating profits.
- Return on total capital shows an increasing trend, suggesting that the company's operational activities are increasingly more profitable relative to its overall capital employed. This indicates effective capital allocation and efficient operations.
- Return on equity (ROE) has also shown a decreasing trend from Q1 2023 to Q4 2023, but overall, the company has been generating healthy returns for its shareholders. The declining trend might indicate an increase in leverage or reduced net income compared to the shareholder's equity.
In summary, Brunswick Corp. has demonstrated profitability, but there are some fluctuations in the ratios that may need further analysis to identify the underlying reasons for the changes.