Brunswick Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.36B | $5.24B | $6.40B | $6.81B | $5.85B | $4.35B | $4.11B | $4.12B |
| Cost of Revenue | $4.03B | $3.89B | $4.61B | $4.87B | $4.18B | $3.13B | $2.99B | $3.07B |
| Gross Profit | $1.33B | $1.35B | $1.79B | $1.95B | $1.67B | $1.21B | $1.12B | $1.05B |
| Gross Margin | 24.8% | 25.8% | 27.9% | 28.6% | 28.5% | 27.9% | 27.3% | 25.4% |
| Operating Expenses | ||||||||
| Research & Development | $168.7M | $169.6M | $185.2M | $202.9M | $154.5M | $125.9M | $121.6M | $121.5M |
| SG&A Expense | $851.1M | $747.9M | $812.2M | $771.4M | $697.8M | $543.7M | $509.6M | $515.2M |
| Operating Income | $-40.7M | $311.6M | $734.9M | $947.8M | $812.9M | $539.3M | $471.0M | $355.5M |
| Operating Margin | -0.8% | 5.9% | 11.5% | 13.9% | 13.9% | 12.4% | 11.5% | 8.6% |
| Interest Expense | $111.7M | $126.6M | $112.4M | $98.1M | $65.9M | $67.3M | $76.0M | $46.0M |
| Pretax Income | $-135.7M | $203.3M | $628.9M | $853.6M | $736.4M | $472.7M | $110.7M | $310.7M |
| Income Tax Expense | $200.0K | $54.0M | $196.3M | $172.3M | $141.0M | $98.0M | $80.3M | $57.3M |
| Net Income | $-137.3M | $130.1M | $420.4M | $677.0M | $593.3M | $372.7M | $-131.0M | $265.3M |
| Net Margin | -2.6% | 2.5% | 6.6% | 9.9% | 10.1% | 8.6% | -3.2% | 6.4% |
| EPS (Basic) | $-2.08 | $1.94 | $5.99 | $9.05 | $7.63 | $4.70 | $-1.54 | $3.03 |
| EPS (Diluted) | $-2.08 | $1.93 | $5.96 | $9.00 | $7.57 | $4.68 | $-1.53 | $3.01 |
| Shares Outstanding (Basic) | 65.9M | 67.2M | 70.2M | 74.8M | 77.8M | 79.2M | 85.2M | 87.6M |
| Shares Outstanding (Diluted) | 65.9M | 67.4M | 70.5M | 75.2M | 78.4M | 79.7M | 85.6M | 88.2M |
| Dividends Per Share | $1.72 | $1.68 | $1.60 | $1.46 | $1.28 | $0.99 | $0.87 | $0.78 |