Brunswick Corporation (BC)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 141,400 | 273,500 | 341,400 | 376,100 | 420,400 | 501,200 | 556,900 | 619,500 | 681,400 | 641,200 | 616,100 | 598,200 | 593,300 | 586,900 | 581,700 | 473,000 | 372,700 | 344,700 | -32,500 | -25,700 |
| Total assets | US$ in thousands | 5,677,700 | 6,023,500 | 6,395,700 | 6,508,700 | 6,230,500 | 6,100,900 | 6,290,100 | 6,288,600 | 6,321,300 | 6,124,900 | 6,166,500 | 6,093,000 | 5,425,000 | 5,180,600 | 4,138,500 | 3,943,200 | 3,770,600 | 3,690,800 | 3,739,100 | 3,904,600 |
| ROA | 2.49% | 4.54% | 5.34% | 5.78% | 6.75% | 8.22% | 8.85% | 9.85% | 10.78% | 10.47% | 9.99% | 9.82% | 10.94% | 11.33% | 14.06% | 12.00% | 9.88% | 9.34% | -0.87% | -0.66% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $141,400K ÷ $5,677,700K
= 2.49%
Brunswick Corporation's return on assets (ROA) fluctuated over the period from March 31, 2020, to December 31, 2024. Initially, the company experienced negative ROA figures in the first two quarters of 2020, indicating that its assets were not being utilized efficiently to generate profits.
From September 2020 onwards, Brunswick's ROA turned positive, showing a significant improvement in the utilization of assets to generate income. The ROA continued to increase steadily until June 2021, reaching a peak of 14.06%. This high ROA suggests that Brunswick was effectively utilizing its assets to generate profits during this period.
Subsequently, from September 2021 to December 2024, the company's ROA showed a declining trend, indicating a potential decrease in profitability relative to the assets employed. The decreasing ROA figures imply that Brunswick's efficiency in generating profits from its assets was diminishing over time.
Overall, Brunswick Corporation's ROA experienced fluctuations over the analyzed period, with a notable improvement in asset utilization from 2020 to 2021, followed by a gradual decline in profitability relative to its assets in the subsequent quarters.
Peer comparison
Dec 31, 2024