Brunswick Corporation (BC)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 149,300 | 420,400 | 677,000 | 593,300 | 372,700 |
| Total stockholders’ equity | US$ in thousands | 200,000 | 2,087,400 | 2,042,300 | 1,914,200 | 1,510,000 |
| ROE | 74.65% | 20.14% | 33.15% | 30.99% | 24.68% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $149,300K ÷ $200,000K
= 74.65%
Brunswick Corporation's return on equity (ROE) has shown a positive trend over the years, increasing from 24.68% as of December 31, 2020, to 74.65% as of December 31, 2024. This indicates that the company's profitability in generating earnings from shareholder equity has significantly improved. While the ROE experienced fluctuations during this period, overall, it has demonstrated an upward trajectory, reaching its peak in 2024.
The jump in ROE in 2024 to 74.65% suggests that Brunswick Corporation effectively utilized its equity to generate higher returns for its shareholders. However, it is essential to investigate the reasons behind this significant increase to determine if it is sustainable or influenced by certain unique factors. Overall, Brunswick Corporation's improving ROE signifies efficient management of shareholder funds and a strong financial performance, highlighting the company's ability to generate profits relative to the equity invested.
Peer comparison
Dec 31, 2024