Brunswick Corporation (BC)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 330,000 | 496,800 | 582,200 | 617,500 | 741,600 | 820,100 | 872,700 | 952,700 | 952,000 | 880,900 | 840,300 | 809,800 | 802,500 | 816,200 | 808,100 | 665,500 | 539,900 | 483,600 | 120,800 | 177,700 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,677,700 | 2,034,300 | 2,013,600 | 2,049,600 | 2,087,400 | 2,085,800 | 2,101,400 | 2,062,500 | 2,042,300 | 2,001,000 | 2,004,600 | 1,979,900 | 1,914,200 | 1,849,700 | 1,769,500 | 1,642,600 | 1,510,000 | 1,458,200 | 1,364,400 | 1,303,700 |
| Return on total capital | 5.81% | 24.42% | 28.91% | 30.13% | 35.53% | 39.32% | 41.53% | 46.19% | 46.61% | 44.02% | 41.92% | 40.90% | 41.92% | 44.13% | 45.67% | 40.52% | 35.75% | 33.16% | 8.85% | 13.63% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $330,000K ÷ ($—K + $5,677,700K)
= 5.81%
The Return on Total Capital for Brunswick Corporation has exhibited fluctuations over the given period. The ratio reflects the company's ability to generate profits from its total capital, including both debt and equity.
From March 2020 to June 2020, the Return on Total Capital decreased from 13.63% to 8.85%. However, there was a significant improvement in the following quarters, with a sharp increase to 35.75% by December 2020. This trend continued positively into the first half of 2021, reaching a peak of 45.67% by June 2021.
Subsequently, there was a slight decline in the Return on Total Capital from September 2021 to December 2021, but the ratio remained relatively high at 41.92%. The trend continued to be stable in the first half of 2022, with the ratio hovering around 41-46%.
However, from September 2022 onwards, there was a slight upward trend followed by a gradual decline in the Return on Total Capital. By December 2024, the ratio significantly dropped to 5.81%, indicating a decline in the company's profitability in utilizing its total capital efficiently.
Overall, the Return on Total Capital for Brunswick Corporation showed varying performance levels over the given period, with periods of growth and decline, reflecting changes in the company's profitability and efficiency in generating returns from its total capital.
Peer comparison
Dec 31, 2024