BRUNSWICK CORP
Business
Brunswick Corporation designs, manufactures, and markets recreational marine products including propulsion systems, boats, parts, accessories, and marine electronics. The company operates four reportable segments: Propulsion, Engine Parts & Accessories, Navico Group, and Boat. Brunswick distributes products globally through independent dealers and distributors, and operates Freedom Boat Club, a subscription-based shared-access boat service. The company serves the recreational marine market across North America, Europe, Asia-Pacific, and other regions.
Summary from 10-K filed 2026-02-13
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net Sales | 5,363 | 5,237 | 6,401 | 6,812 | 5,846 | |
| Cost of Sales | 4,031 | 3,886 | 4,614 | 4,865 | 4,180 | |
| Selling, General and Administrative Expense | 851 | 748 | 812 | 771 | 698 | |
| Research And Development Expense | 169 | 170 | 185 | 203 | 155 | |
| Restructuring, Exit and Impairment Charges | 353 | 122 | 55 | 25 | 800,000 | |
| Operating Earnings | −41 | 312 | 735 | 948 | 813 | |
| Equity Earnings | 7 | 9 | −11 | 4 | 2 | |
| Other Expense, Net | −2 | 9 | 8 | −6 | −7 | |
| Earnings Before Interest and Income Taxes | −35 | 329 | 731 | 946 | 808 | |
| Interest Expense, Operating and Nonoperating | −112 | −127 | −112 | −98 | −66 | |
| Interest Income | 7 | 13 | 10 | 6 | 2 | |
| Transaction Financing Charges | 4 | −13 | 0 | −100,000 | −4 | |
| Earnings Before Income Taxes | −136 | 203 | 629 | 854 | 736 | |
| Income Tax Provision | 200,000 | 54 | 196 | 172 | 141 | |
| Net Earnings from Continuing Operations | −136 | 149 | 433 | 681 | 595 | |
| Net (Loss) Earnings from Discontinued Operations, Net of Tax | −1 | −19 | −12 | −4 | −2 | |
| Net Earnings (Loss) | −137 | 130 | 420 | 677 | 593 | |
| Earnings from Continuing Operations (in Dollars Per Share) | −2.06 | 2.22 | 6.16 | 9.11 | 7.65 | |
| Earnings (Loss) from Discontinued Operations (in Dollars Per Share) | −0.02 | −0.28 | −0.17 | −0.06 | −0.02 | |
| Net Earnings (Loss) (in Dollars per Share) | −2.08 | 1.94 | 5.99 | 9.05 | 7.63 | |
| Earnings from Continuing Operations (in Dollars per Share) | −2.06 | 2.21 | 6.13 | 9.06 | 7.59 | |
| Earnings (Loss) from Discontinued Operations (in Dollars per Share) | −0.02 | −0.28 | −0.17 | −0.06 | −0.02 | |
| Net Earnings (Loss) (in Dollars per Share) | −2.08 | 1.93 | 5.96 | 9 | 7.57 | |
| Basic Earnings Per Common Share (in Shares) | 66 | 67 | 70 | 75 | 78 | |
| Diluted Earnings Per Common Share (in Shares) | 66 | 67 | 71 | 75 | 78 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Cost, Which Approximates Fair Value | 257 | 269 | 468 | 596 | 355 | |
| Less: Restricted Cash | 18 | 17 | 11 | 13 | 12 | |
| Short-Term Investments in Marketable Securities | 800,000 | 800,000 | 800,000 | 5 | 800,000 | |
| Total Cash and Short-Term Investments in Marketable Securities | 276 | 287 | 480 | 613 | 368 | |
| Accounts and Notes Receivable, Less Allowances of $11.3 and $9.2 | 523 | 429 | 493 | 543 | 485 | |
| Finished Goods | 767 | 847 | 932 | 836 | 686 | |
| Work-In-Process | 147 | 148 | 182 | 209 | 177 | |
| Raw Materials | 278 | 308 | 363 | 426 | 346 | |
| Net Inventories | 1,192 | 1,303 | 1,477 | 1,471 | 1,208 | |
| Prepaid Expenses and Other | 73 | 96 | 60 | 68 | 64 | |
| Current Assets | 2,063 | 2,114 | 2,510 | 2,695 | 2,125 | |
| Land | 44 | 44 | 44 | 42 | 35 | |
| Buildings and Improvements | 682 | 642 | 620 | 564 | 479 | |
| Equipment | 1,597 | 1,545 | 1,552 | 1,488 | 1,332 | |
| Total Land, Buildings and Improvements and Equipment | 2,322 | 2,231 | 2,215 | 2,095 | 1,846 | |
| Accumulated Depreciation | −1,291 | −1,187 | −1,136 | −1,051 | −990 | |
| Net Land, Buildings and Improvements and Equipment | 1,031 | 1,044 | 1,080 | 1,044 | 857 | |
| Unamortized Product Tooling Costs | 177 | 208 | 236 | 227 | 190 | |
| Net Property | 1,208 | 1,252 | 1,316 | 1,271 | 1,047 | |
| Goodwill | 681 | 966 | 1,031 | 968 | 888 | |
| Other Intangibles, Net | 855 | 918 | 978 | 997 | 1,052 | |
| Equity Investments | 34 | 35 | 39 | 54 | 44 | |
| Deferred Revenue | 272 | 198 | 187 | 203 | 146 | |
| Operating lease assets | 170 | 162 | 152 | 115 | 93 | |
| Other long-term assets | 28 | 34 | 19 | 18 | 30 | |
| Other Assets | 2,041 | 2,312 | 2,405 | 2,355 | 2,254 | |
| Total Assets | 5,312 | 5,678 | 6,231 | 6,321 | 5,425 | |
| Short-Term Debt and Current Maturities of Long-Term Debt | 295 | 243 | 455 | 89 | 37 | |
| Accounts Payable | 375 | 393 | 558 | 663 | 694 | |
| Accrued Expenses | 758 | 644 | 739 | 738 | 711 | |
| Current Liabilities | 1,429 | 1,280 | 1,752 | 1,490 | 1,442 | |
| Debt | 1,807 | 2,098 | 1,976 | 2,420 | 1,779 | |
| Non-Current Operating Lease Liabilities | 152 | 145 | 134 | 98 | 76 | |
| Deferred Income Taxes and Other Tax Liabilities, Noncurrent | 10 | 10 | 12 | 61 | 3 | |
| Postretirement Benefits | 38 | 46 | 53 | 50 | 67 | |
| Other | 251 | 206 | 217 | 161 | 145 | |
| Long-Term Liabilities | 2,258 | 2,506 | 2,391 | 2,789 | 2,069 | |
| Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 86,757,000 and 87,537,000 Shares | 77 | 77 | 77 | 77 | 77 | |
| Additional Paid-In Capital | 427 | 402 | 392 | 391 | 395 | |
| Retained Earnings | 3,365 | 3,615 | 3,597 | 3,289 | 2,720 | |
| Treasury Stock, at Cost: 15,781,000 and 15,001,000 Shares | −2,220 | −2,148 | −1,953 | −1,685 | −1,246 | |
| Foreign Currency Translation | −25 | −97 | −50 | −71 | −35 | |
| Prior Service Credits | −8 | −8 | −7 | −4 | −4 | |
| Net Actuarial Losses | 12 | 11 | 8 | 10 | −3 | |
| Unrealized Gain (Loss) on Investments | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
| Unrealized Losses on Derivatives | −2 | 41 | 23 | 36 | 10 | |
| Total Accumulated Other Comprehensive Loss, Net of Tax | −23 | −53 | −26 | −30 | −32 | |
| Shareholders' Equity | 1,626 | 1,892 | 2,087 | 2,042 | 1,914 | |
| Total Liabilities and Shareholders' Equity | 5,312 | 5,678 | 6,231 | 6,321 | 5,425 | |
| Common Stock, Shares Authorized (in Shares) | 200 | 200 | 200 | 200 | 200 | |
| Common Stock, Par Value (in Dollars per Share) | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | |
| Common Stock, Shares Outstanding | 65 | 66 | 68 | 71 | 77 | |
| Common Stock, Shares Issued (in Shares) | 103 | 103 | 103 | 103 | 103 | |
| Treasury Stock, Shares (in Shares) | 38 | 37 | 34 | 31 | 26 | |
| Accounts and Notes Receivable, Allowances | 11 | 10 | 11 | 10 | 10 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and Amortization | 293 | 289 | 273 | 231 | 178 | |
| Stock Compensation Expense | 39 | 23 | 22 | 22 | 30 | |
| Asset Impairment Charges | 323 | 92 | 20 | 19 | 800,000 | |
| Deferred Income Taxes | −82 | −16 | 16 | −19 | −22 | |
| Equity Method Investment, Other-than-Temporary Impairment | 0 | 0 | 19 | 0 | 0 | |
| Change in Accounts and Notes Receivable | −73 | 45 | 55 | −75 | −85 | |
| Change in Inventory | 114 | 113 | 700,000 | −293 | −343 | |
| Change in Prepaid Expenses and Other, Excluding Income Taxes | 8 | 6 | 23 | 38 | −10 | |
| Change in Accounts Payable | −26 | −144 | −86 | −12 | 134 | |
| Change in Accrued Expenses | 97 | −104 | −23 | −9 | 74 | |
| Increase (Decrease) in Contract with Customer, Liability | 9 | 10 | 15 | 13 | 12 | |
| Income Taxes | 37 | −27 | −2 | −1 | 18 | |
| Other, Net | −18 | 14 | −20 | −15 | 7 | |
| Net Cash Provided by Operating Activities of Continuing Operations | 586 | 450 | 745 | 580 | 586 | |
| Net Cash Used for Operating Activities of Discontinued Operations | −24 | −18 | −12 | 6 | −12 | |
| Net Cash Provided by Operating Activities | 562 | 431 | 734 | 586 | 574 | |
| Capital Expenditures | −166 | −167 | −289 | −388 | −267 | |
| Payments to Acquire Debt Securities, Available-for-sale | 0 | −81 | 0 | −60 | 0 | |
| Payments for (Proceeds from) Investments | −7 | −3 | 5 | 11 | 11 | |
| Acquisition of Businesses, Net of Cash Acquired | −200,000 | −32 | −104 | −94 | −1,139 | |
| Proceeds from the Sale of Property, Plant and Equipment | 13 | 15 | 15 | 11 | 7 | |
| Proceeds from Sales of Business, Affiliate and Productive Assets | 400,000 | 10 | 0 | 0 | — | |
| Other, net | 5 | −2 | 0 | −43 | 0 | |
| Net Cash Used for Investing Activities | −142 | −169 | −379 | −443 | −1,354 | |
| Net Proceeds From Issuances of Short-Term Debt | 173 | 114 | −4 | 132 | 0 | |
| Net Proceeds from Issuances of Long-Term Debt | 0 | 397 | 0 | 742 | 994 | |
| Payments of Long-Term Debt Including Current Maturities | −413 | −613 | −82 | −59 | −128 | |
| Payment for Debt Extinguishment or Debt Prepayment Cost | 0 | −13 | 0 | −100,000 | −4 | |
| Common Stock Repurchases | −80 | −200 | −275 | −450 | −120 | |
| Cash Dividends Paid | −113 | −112 | −112 | −109 | −99 | |
| Tax Witholding Associated with Shares Issued for Share-Based Compensation | −7 | −9 | −14 | −16 | −14 | |
| Other, Net | −2 | −6 | 0 | −4 | −7 | |
| Net Cash Used for Financing Activities | −441 | −443 | −487 | 111 | 622 | |
| Effect of Exchange Rate Changes | 10 | −13 | 3 | −12 | −6 | |
| Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash | −11 | −193 | −130 | 242 | −164 | |
| Interest Paid | 115 | 140 | 117 | 95 | 73 | |
| Income Taxes Paid, Net | 48 | 94 | 175 | 197 | 147 | |
| Sales or Maturities of Marketable Securities | 0 | 82 | 4 | 56 | 56 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BRUNSWICK CORP's CIK number?
BRUNSWICK CORP's SEC CIK number is 0000014930 (14930). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BRUNSWICK CORP's SEC filings?
All of BRUNSWICK CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BRUNSWICK CORP last report earnings?
BRUNSWICK CORP (BC) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000014930-26-000046). This is BRUNSWICK CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is BRUNSWICK CORP's most recent earnings 8-K?
BRUNSWICK CORP's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0000014930-26-000046. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BRUNSWICK CORP's latest earnings 8-K →
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