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Brunswick Corp (BC) stock

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NYSE: BC NYSE Leisure Products Next results ~January 28, 2027

C+ Fundamentals grade

Brunswick Corp is a US-listed company in the leisure products industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$100

Cash-flow model

Base case. Range ~$69–$150 across our lower- and higher-growth cases (-0.8%–9.2% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 24% below our base value.

Price used: $79.05, November 2, 2026

Brunswick Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 8 sales by directors and officers, last 12 monthsInsider trades
  • Funds207 adding, 218 cuttingOf 65 active managers that changed their stake, 30 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Brunswick files

Where Brunswick stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $5.63bn, up 10.5% on a year earlier, faster than 8.3% a quarter earlier. Free-cash-flow margin fell to 6.1% from 10.1% a year earlier. Operating margin narrowed to -0.4% from 4.0%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 6 financial-health checks. Our cash-flow model value is $83.25 a share, against a share price of $65.05. At that price, our model says the market is pricing in about 1.0% a year of cash-flow growth for five years, close to the -0.8% a year revenue growth it has delivered.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 28, 2027 (estimated)

Brunswick Corp's trailing-twelve-month revenue grew 10.5% year on year, with a free-cash-flow margin of 6.1%.

Our discounted-cash-flow model values the business at ~$100 per share in the base case (~$69–$150 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to 10.5% (+2.1pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $79.05 is 31% below our value per share of $100.
  • Shrinking share count. Diluted shares fell 1.2% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Loss-making. Operating margin is -0.4%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 4.3 points on a year ago.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$1.58 against an average estimate of $1.32: beat by 19.4%
Revenue
$1.56bn, up 7.7% on a year earlier
Share reaction
+9.4% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Guidance given
net sales $5.7bn to $5.8bn (2026 Full-Year Guidance); adjusted operating margin 8% (2026 Full-Year Guidance)
Next report
January 28, 2027; average EPS estimate $0.95

Brunswick's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.9%
  • 1 week+19.6%
  • 1 month+20.8%
  • This year+8.2%
  • 1 year+22.3%
  • 5 years-10.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.6B
Operating margin
-0.4%
Net margin
-1.5%
EPS (TTM, diluted)
$-1.31

Growth

Revenue growth
+10.5%
Change in growth rate
+2.1 pts
Share count change
−1.2%

Cash

Free cash flow (TTM)
$341M
FCF margin
6.1%
Stock pay % of revenue
0.8%

Earnings

Last results
October 29, 2026
Next results (est.)
January 28, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Guidance
  4. Announcement
  5. Announcement
  6. Dividend
  7. Announcement
  8. Announcement
  9. Leadership
  10. Announcement
  11. Announcement
  12. Announcement
  13. Product
  14. Announcement
  15. Announcement
  16. Results
  17. Partnership
  18. Partnership
  19. Partnership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Brunswick Corp valuation models and calculator

What the price is pricing in

The share price implies about 0.9% a year of cash-flow growth for five years.That is close to the -0.8% a year revenue growth Brunswick has delivered.

  • Priced in0.9%
  • Last 12 months10.5%
  • 3 years a year-5.8%
  • 5 years a year-0.8%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($78.66, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$100
Price used
$78.66close November 3, 2026
Implied change
▲ +31%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Brunswick Corp's free cash flow after stock-based pay with after-tax interest added back ($463M, FY2026 Q2 TTM), growing 4.9% and 4.6% in the next two years (forecasts, guidance and its record), then back to 4.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$69–~$150 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Brunswick Corp's free cash flow after stock-based pay ( $463M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Brunswick Corp as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.01 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$100 ~$69–$150 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$83 ~$70–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$43 ~$32–$59 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$47 ~$41–$55 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$76 ~$43–$100 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Brunswick Corp with Leisure Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −30%
  • Revenue growth 5 points higher ▲ +39%
  • Free-cash-flow margin 1 point lower ▼ −16%
  • Last year's free-cash-flow margin change, if it persists ▼ −40%
  • Discount rate 1 point higher ▼ −19%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $70$107$156$220$304$413
8.5% $46$73$108$154$214$291
10% $31$52$79$114$160$218

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$41.84$45.79$46.95$40.02$52.58$67.91$90.88$66.24$90.68$61.89$73.06$79.05
Market value$3.9bn$4.2bn$4.2bn$3.5bn$4.5bn$5.4bn$7.1bn$5.0bn$6.4bn$4.2bn$4.8bn$5.2bn
+ Net debt (− = net cash)−$209m$19m−$10m$932m$811m$505m$1.5bn$2.0bn$2.0bn$2.2bn$2.2bn$2.1bn
Enterprise value$3.7bn$4.2bn$4.2bn$4.5bn$5.3bn$5.9bn$8.6bn$6.9bn$8.4bn$6.4bn$7.0bn$7.3bn
Multiples
Price / sales 1.0x0.9x1.1x0.9x1.1x1.2x1.2x0.7x1.0x0.8x0.9x0.9x
Price / earnings 16.3x15.3x28.9x13.3x—14.5x12.0x7.4x15.2x32.1x——
Price / free cash flow 18.2x17.5x19.0x22.5x22.3x8.8x23.2x25.2x14.4x15.8x12.1x15.2x
EV / EBITDA 9.1x7.3x10.1x9.3x8.7x8.5x8.7x5.9x8.3x10.6x27.7x30.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

58 /100

Moderate moat

How hard Brunswick's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 18 / 20

    Cash operating profit has been a median 13.7% of total assets over 10 years.

  • Pricing power 10 / 20

    Gross margin has been a median 27.0%, moving by 1.5 percentage points (standard deviation) across 10 years.

  • Durability 2 / 20

    Operating margin has been a median 10.5%; its worst year was -0.4%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 10 of 10 years, at a median 5.8% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 16.9% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (63 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 28, 2027, before the open. Analysts expect revenue of $1.4bn and EPS of $0.95 (range $0.81 to $1.04) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.61 +41% $5.8bn +8%
Next $5.41 +17% $6.1bn +5%

Next year's EPS estimate has moved +0.6% in 90 days, across 18 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.3% on 90 days ago. In the last 30 days, 18 analysts raised Brunswick Corp's forecast and 0 cut it.

Consensus EPS forecast Brunswick Corp, last 90 days
$4.50 $5.00 $5.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.51 Current fiscal year, 60 days ago: $4.56 Current fiscal year, 30 days ago: $4.56 Current fiscal year, 7 days ago: $4.56 Current fiscal year, Now: $4.61 $4.61 Next fiscal year, 90 days ago: $5.38 Next fiscal year, 60 days ago: $5.42 Next fiscal year, 30 days ago: $5.42 Next fiscal year, 7 days ago: $5.42 Next fiscal year, Now: $5.41 $5.41

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.51$5.38
60 days ago $4.56$5.42
30 days ago $4.56$5.42
7 days ago $4.56$5.42
Now $4.61$5.41

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.32 $1.58 +19.4%
Jun 2026 $1.19 $1.56 +31.0%
Mar 2026 $0.45 $0.70 +54.3%
Dec 2025 $0.57 $0.58 +2.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 29, 2026
  • Net sales 2026 Full-Year Guidance $5.7bn to $5.8bn Maintained vs 5.7bn to 5.8bn
    “1. Net sales: $5.7 billion to $5.8 billion;” source
  • As Adjusted Diluted EPS 2026 Full-Year Guidance about $4.65 Non-GAAP Raised
    “Increasing 2026 Full-Year Guidance: As Adjusted Diluted EPS of approximately $4.65” source
  • Adjusted operating margin 2026 Full-Year Guidance about 8% Non-GAAP Maintained vs about 8
    “2. Adjusted operating margin: approximately 8.0 percent;” source
  • Free cash flow 2026 Full-Year Guidance about $400m Non-GAAP Maintained vs about 400m
    “4. Free cash flow: $400 million or more;” source
  • Debt retirement 2026 Full-Year Guidance about $160m Raised vs 25m to 30m
    “5. Debt retirement: $160 million or more; and” source
  • Share repurchases 2026 Full-Year Guidance about $80m Raised vs 25m to 30m
    “6. Share repurchases: $80 million or more” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Brunswick Corp's revenue by +4.9% next year and +4.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.2%, weight 46%) , management guidance (+4.9%, weight 32%) and the company's own record (+4.2%, weight 22%) . How the weights are set.

Analyst recommendations

19 analysts, Oct 2026
Buy1053%
Hold947%
Sell00%

Monthly trend

  1. Oct 20269919
  2. Sep 202691020
  3. Aug 202691120
  4. Jul 202691120

Counts of recommendations published by analysts covering Brunswick Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.0%
of tradable shares
Days to cover
0.01
at average volume
Short interest, 1 month
−100%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.9%
of shares
Employees
13,300
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +22.3%

$64.64 on October 31, 2025 to $79.05

ThenNowEffect
Revenue (last 12 months) $5.1bn $5.6bn +10.5%
P/S multiple 0.8x 0.9x +9.3%
Share count 66m 66m +1.3%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years +13.4%

$69.72 on November 3, 2023 to $79.05

ThenNowEffect
Revenue (last 12 months) $6.7bn $5.6bn −16.3%
P/S multiple 0.8x 0.9x +22.6%
Share count 73m 66m +10.5%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BC+34%−27%+37%−32%+18%+8%
Industry peers (median)+14%−40%−8%−23%−15%+3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BC58%33%50%50%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BC−22%−38%−26%−32%−40%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 61% from May 7, 2021 to April 8, 2025. Getting back needed a 156% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$58.02 – $87.80
From 52-week high
−10.0%
vs 50-day average
+14.8%
vs 200-day average
+3.0%
Volatility (1 year)
38%
Beta vs S&P 500
1.23

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±5.2%
After a week
8 up, 3 down
typical move ±4.0%
After a month
6 up, 5 down
typical move ±6.9%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +9.4% −2.1% — —
July 30, 2026 −1.8% +2.4% +1.0% −4.2%
April 30, 2026 +0.1% +1.3% +1.8% +4.5%
January 29, 2026 −4.7% −0.5% +3.0% −5.0%
October 23, 2025 +10.5% +1.4% +3.3% −1.3%
July 24, 2025 −6.0% +0.5% −9.9% +2.6%
April 24, 2025 +3.5% +2.8% +2.3% +10.8%
January 30, 2025 −1.1% 0.0% −2.7% −12.8%
October 24, 2024 +4.9% +0.2% +3.5% +7.5%
July 25, 2024 +8.8% +0.6% +5.6% +10.2%
April 25, 2024 −5.9% +0.6% −5.8% −7.3%
February 1, 2024 +6.1% +2.4% +5.0% +10.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Brunswick Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Brunswick Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Brunswick Corp
$5B $5.5B $6B $6.5B $7B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $6.6B Revenue (TTM), FY23 Q4: $6.4B Revenue (TTM), FY24 Q1: $6B Revenue (TTM), FY24 Q2: $5.8B Revenue (TTM), FY24 Q3: $5.4B Revenue (TTM), FY24 Q4: $5.2B Revenue (TTM), FY25 Q1: $5.1B Revenue (TTM), FY25 Q2: $5.1B Revenue (TTM), FY25 Q3: $5.2B Revenue (TTM), FY25 Q4: $5.4B Revenue (TTM), FY26 Q1: $5.5B Revenue (TTM), FY26 Q2: $5.6B $5.6B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $6.6B
FY23 Q4 $6.4B
FY24 Q1 $6B
FY24 Q2 $5.8B
FY24 Q3 $5.4B
FY24 Q4 $5.2B
FY25 Q1 $5.1B
FY25 Q2 $5.1B
FY25 Q3 $5.2B
FY25 Q4 $5.4B
FY26 Q1 $5.5B
FY26 Q2 $5.6B
Revenue growth, TTM YoY Brunswick Corp
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -0.6% Revenue growth, TTM YoY, FY23 Q4: -6.0% Revenue growth, TTM YoY, FY24 Q1: -12.2% Revenue growth, TTM YoY, FY24 Q2: -14.3% Revenue growth, TTM YoY, FY24 Q3: -17.8% Revenue growth, TTM YoY, FY24 Q4: -18.2% Revenue growth, TTM YoY, FY25 Q1: -15.4% Revenue growth, TTM YoY, FY25 Q2: -11.6% Revenue growth, TTM YoY, FY25 Q3: -4.8% Revenue growth, TTM YoY, FY25 Q4: 2.4% Revenue growth, TTM YoY, FY26 Q1: 8.3% Revenue growth, TTM YoY, FY26 Q2: 10.5% 10.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -0.6%
FY23 Q4 -6.0%
FY24 Q1 -12.2%
FY24 Q2 -14.3%
FY24 Q3 -17.8%
FY24 Q4 -18.2%
FY25 Q1 -15.4%
FY25 Q2 -11.6%
FY25 Q3 -4.8%
FY25 Q4 2.4%
FY26 Q1 8.3%
FY26 Q2 10.5%
Operating margin (TTM) Brunswick Corp
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 12.4% Operating margin (TTM), FY23 Q4: 11.5% Operating margin (TTM), FY24 Q1: 10.1% Operating margin (TTM), FY24 Q2: 9.9% Operating margin (TTM), FY24 Q3: 8.7% Operating margin (TTM), FY24 Q4: 5.9% Operating margin (TTM), FY25 Q1: 5.1% Operating margin (TTM), FY25 Q2: 4.0% Operating margin (TTM), FY25 Q3: -2.7% Operating margin (TTM), FY25 Q4: -0.8% Operating margin (TTM), FY26 Q1: -0.8% Operating margin (TTM), FY26 Q2: -0.4% -0.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 12.4%
FY23 Q4 11.5%
FY24 Q1 10.1%
FY24 Q2 9.9%
FY24 Q3 8.7%
FY24 Q4 5.9%
FY25 Q1 5.1%
FY25 Q2 4.0%
FY25 Q3 -2.7%
FY25 Q4 -0.8%
FY26 Q1 -0.8%
FY26 Q2 -0.4%
FCF margin (TTM) Brunswick Corp
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 6.1% FCF margin (TTM), FY23 Q4: 6.9% FCF margin (TTM), FY24 Q1: 5.7% FCF margin (TTM), FY24 Q2: 5.6% FCF margin (TTM), FY24 Q3: 3.9% FCF margin (TTM), FY24 Q4: 5.0% FCF margin (TTM), FY25 Q1: 8.0% FCF margin (TTM), FY25 Q2: 10.1% FCF margin (TTM), FY25 Q3: 11.4% FCF margin (TTM), FY25 Q4: 7.4% FCF margin (TTM), FY26 Q1: 6.2% FCF margin (TTM), FY26 Q2: 6.1% 6.1%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 6.1%
FY23 Q4 6.9%
FY24 Q1 5.7%
FY24 Q2 5.6%
FY24 Q3 3.9%
FY24 Q4 5.0%
FY25 Q1 8.0%
FY25 Q2 10.1%
FY25 Q3 11.4%
FY25 Q4 7.4%
FY26 Q1 6.2%
FY26 Q2 6.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jul 2026
Income
Revenue 2,776 3,338 3,670 3,417 3,600 3,839 3,780 4,489 3,802 4,121 4,108 4,348 5,846 6,812 6,401 5,237 5,363 5,630
Gross profit 316 720 877 944 949 1,037 1,115 1,180 1,262 1,047 1,121 1,213 1,666 1,947 1,787 1,351 1,332 1,440
EBITDA −413 187 313 310 353 410 408 583 417 480 610 693 991 1,179 1,008 600 252 238
Operating income −571 63 214 237 282 329 331 480 330 356 471 539 813 948 735 312 −41 −21
Net income −586 −111 72 50 769 246 241 276 146 265 −131 373 593 677 420 130 −137 −86
Diluted EPS −$6.63 −$1.25 $0.78 $0.54 $8.20 $2.58 $2.56 $3.00 $1.62 $3.01 −$1.53 $4.68 $7.57 $9.00 $5.96 $1.93 −$2.08 −$1.31
Growth (year on year)
Revenue — +20.2% +9.9% −6.9% +5.4% +6.6% −1.5% +18.7% −15.3% +8.4% −0.3% +5.8% +34.5% +16.5% −6.0% −18.2% +2.4% +10.5%
EBITDA — — +67.6% −1.0% +13.9% +16.0% −0.3% +42.9% −28.5% +14.9% +27.2% +13.6% +43.1% +19.0% −14.5% −40.4% −58.1% −47.8%
Operating income — — — +11.0% +18.8% +16.6% +0.9% +44.7% −31.1% +7.6% +32.5% +14.5% +50.7% +16.6% −22.5% −57.6% −113.1% −110.2%
Net income — — — — — −68.1% −1.8% +14.3% −47.0% +81.2% −149.4% — +59.2% +14.1% −37.9% −69.1% −205.5% —
Diluted EPS — — — — — −68.5% −0.8% +17.2% −46.0% +85.8% −150.8% — +61.8% +18.9% −33.8% −67.6% −207.8% —
Margins
Gross margin 11.4% 21.6% 23.9% 27.6% 26.4% 27.0% 29.5% 26.3% 33.2% 25.4% 27.3% 27.9% 28.5% 28.6% 27.9% 25.8% 24.8% 25.6%
EBITDA margin −14.9% 5.6% 8.5% 9.1% 9.8% 10.7% 10.8% 13.0% 11.0% 11.6% 14.8% 15.9% 17.0% 17.3% 15.7% 11.5% 4.7% 4.2%
Operating margin −20.6% 1.9% 5.8% 6.9% 7.8% 8.6% 8.8% 10.7% 8.7% 8.6% 11.5% 12.4% 13.9% 13.9% 11.5% 5.9% −0.8% −0.4%
Net margin −21.1% −3.3% 2.0% 1.5% 21.4% 6.4% 6.4% 6.1% 3.9% 6.4% −3.2% 8.6% 10.1% 9.9% 6.6% 2.5% −2.6% −1.5%
Free-cash-flow margin 3.3% 4.5% 0.1% 1.8% 1.3% 3.2% 5.7% 5.4% 5.8% 3.8% 4.9% 14.2% 5.2% 2.9% 6.9% 5.0% 7.4% 6.1%
Cash flow
Cash from operations 126 205 89 161 174 248 331 435 400 337 434 798 574 586 734 431 562 523
Capital spending 33 54 87 98 127 125 114 194 178 180 233 182 267 388 289 167 166 182
Free cash flow 92 152 2 63 48 123 216 241 222 157 202 616 307 198 444 264 396 341
Stock-based pay — — — — — — 21 16 16 17 17 27 30 22 22 23 39 —
Free cash flow after stock pay — — — — — — 196 225 206 140 184 589 277 176 422 241 358 —
Balance sheet
Cash 527 551 338 284 357 553 657 422 449 294 320 520 355 596 468 269 257 288
Total debt 0 831 693 572 466 452 449 442 439 1,226 1,132 1,024 1,845 2,548 2,463 2,489 2,411 2,391
Net debt (negative = net cash) −527 279 355 288 110 −101 −209 19 −10 932 811 505 1,491 1,953 1,995 2,220 2,154 2,103
Diluted shares 88m 89m 92m 92m 94m 95m 94m 92m 90m 88m 86m 80m 78m 75m 71m 67m 66m 66m
Returned to shareholders
Dividends 4 4 5 5 9 42 48 55 61 68 73 78 99 109 112 112 113 113
Buybacks — — — 0 0 20 120 120 130 75 400 118 120 450 275 200 80 68
Total returned 4 4 5 5 9 62 168 176 191 143 473 197 219 559 387 312 193 181

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · July 4, 2026
What it owns · $5.5bn
Short-term assets $2.2bnLonger-term assets $3.3bn
What it owes, and who funded it · $3.2bn
Short-term liabilities $1.5bnShareholders' equity $1.7bn
  • Short-term assets cover short-term liabilities $2.2bn of assets due within a year against $1.5bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $288m of cash against $2.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 125% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 93% to 125% over five years.
  • A year's operating cash flow covers at least 20% of debt $523m of operating cash flow against $2.1bn of debt.
  • Operating profit covers interest at least five times over Operating income of −$21m against $101m of interest.

From Brunswick Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$68.1M
Dividends (TTM)
$113M
Returned to shareholders
53%
of free cash flow
Buybacks, last 3 fiscal years
$555M
Diluted share count
−1.2%
year over year
Total shareholder yield
3.5%
dividends 2.2% + buybacks 1.3% of market value
R&D spending
3.3%
of revenue
Sales & admin spending
16.3%
of revenue

Competitors: side by side with peers

Closest by revenue in leisure products
Last 12 months unless stated BC MAT HAS PII GOLF PTON Median
Revenue, last 12 months $5.6bn $5.5bn $5.2bn $7.6bn $2.7bn $2.4bn $349m
Revenue growth, last 12 months 10.5% 2.9% 18.9% 9.5% 8.8% −1.8% 7.6%
Revenue growth, 3-year average −5.8% 2.8% −1.3% −5.5% 4.4% −4.4% −2.5%
Revenue growth, latest quarter 7.7% 10.5% 15.0% 10.9% 13.8% 0.1% 10.9%
Gross margin 25.6% 47.5% 74.0% 21.3% 49.1% 52.6% 40.1%
Operating margin −0.4% 7.8% 25.8% −1.8% 13.7% 6.6% 1.0%
Operating margin, 3-year average 4.5% 10.9% 2.5% 1.2% 12.5% −4.8% 0.9%
Net margin −1.5% 7.8% 18.4% −2.7% 8.1% 2.6% −0.5%
Cash from operations / revenue 9.3% 12.1% 25.3% 6.2% 10.0% 15.8% 8.7%
Free-cash-flow margin 6.1% 9.3% 23.7% 3.5% 6.8% 15.4% 6.1%
Free-cash-flow margin, 3-year average 7.2% 12.3% 20.3% 5.3% 7.5% 8.4% 5.3%
Stock pay / revenue 0.8% 1.3% 1.8% 0.7% 1.2% 8.1% 1.3%
Change in share count −1.2% −8.3% 0.2% 1.6% −2.8% 11.8% 0.5%

Median of all 29 companies we cover in leisure products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

29 leisure products companies
Measure Company Peer median Rank
Revenue growth Growth 10.5% 7.6% 11 of 29
Change in growth rate Growth +2.1pp +3.1pp 17 of 29
Gross margin Profitability 25.6% 39.7% 20 of 27
Operating margin Profitability -0.4% 1.0% 18 of 29
Net margin Profitability -1.5% -0.5% 17 of 29
Free-cash-flow margin Cash generation 6.1% 6.1% 15 of 29
Stock pay as % of revenue Cash generation 0.8% 1.3% 7 of 27
Long-term debt as % of assets Balance sheet 32.8% 16.0% 15 of 20
Change in share count Balance sheet -1.2% 0.8% 8 of 24

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Propulsion $1.9B 35.6% ▲ 5.5%
Boat $1.5B 28.4% ▼ 1.9%
Engine Parts and Accessories $1.2B 22.6% ▲ 4.8%
Navico Group $721M 13.4% ▲ 0.1%
Corporate $0 0.0% —
Products and services
Line of business Revenue YoY
Outboard Engines $1.7B ▲ 6.4%
Distribution $717M ▲ 9.1%
Aluminum Freshwater Boats $576M ▲ 4.4%
Engine Parts and Accessories $501M ▼ 0.6%
Recreational Fiberglass Boats $456M ▲ 3.8%
Electronic Solutions $398M ▲ 7.3%
Controls Rigging and Propellers $343M ▼ 0.3%
Saltwater Fishing Boats $333M ▼ 15.8%
Power Solutions $277M ▼ 7.2%
Business Acceleration $209M ▲ 4.9%
Sterndrive Engine $131M ▲ 0.7%
Performance Solutions $126M ▼ 4.2%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
United States $3.9B ▲ 1.6%
Outside the US $1.7B ▲ 3.5%
Europe $782M ▲ 3.1%
Asia Pacific $378M ▲ 4.7%
Restof World $318M ▲ 1.2%
Canada $318M ▲ 8.2%

These categories overlap or exclude eliminations, so shares aren't shown.

From Brunswick Corp's 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$5.7B
Institutions reporting
468
Shares held vs prior quarter
▲ 1.6%
Positions opened / closed
52 / 49

Top buyers and sellers, Q2 2026: 207 institutions bought and 218 sold ; the biggest buyer was Blackrock, Inc (+574K shares) and the biggest seller Bank Of America Corp (−547K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $568M 6.7M 10.0% ▲ 9.3%
Massachusetts Financial Services Co $352M 4.1M 6.2% ▲ 4.6%
Vanguard Portfolio Management LLC $291M 3.5M 5.1% ▲ 1.1%
American Century Companies Inc $257M 3.1M 4.5% ▲ 0.3%
Vanguard Capital Management LLC $247M 2.9M 4.4% ▲ 0.4%
Baillie Gifford & Co $231M 2.7M 4.1% ▼ 5.2%
Dimensional Fund Advisors LP $228M 2.7M 4.0% ▼ 7.6%
AQR Capital Management LLC $182M 2.2M 3.2% ▲ 8.0%
State Street Corp $179M 2.1M 3.2% ▲ 2.6%
Harris Associates L P $161M 1.9M 2.8% ▼ 14.3%
Marshall Wace, LLP $154M 1.8M 2.7% ▲ 22.6%
Deprince Race & Zollo Inc $123M 1.5M 2.2% ▼ 11.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Brunswick Corp's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $7.1M 8 trades by 4 insiders · 1% under pre-set plans
Net ▼ $7.1M net selling
Insider Date Trade Shares Price Value
Cooper Nancy E Director August 3, 2026 Sell pre-set plan 206 $78.45 $16,161
Foulkes David M Chief Executive Officer May 26, 2026 Sell 25,853 $83.12 $2.1M
Cooper Nancy E Director May 1, 2026 Sell pre-set plan 194 $79.36 $15,396
Cooper Nancy E Director February 19, 2026 Sell pre-set plan 192 $87.64 $16,827
Gwillim Ryan M E.V.P. , CFO, CSO February 17, 2026 Sell 12,785 $87.23 $1.1M
Dekker Christopher F E.V.P. GEN COUNSEL & SECRETARY February 6, 2026 Sell 4,981 $87.38 $435,240
Foulkes David M Chief Executive Officer February 5, 2026 Sell 38,266 $86.56 $3.3M
Cooper Nancy E Director November 3, 2025 Sell pre-set plan 233 $64.12 $14,940

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 4 trades and filings

No trades in Brunswick Corp disclosed in the last 12 months; 4 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded June 17, 2025, filed August 13, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded June 11, 2025, filed August 13, 2025
  • Jefferson Shreve(R-IN 6):Sale (full), $15,001 - $50,000, traded April 7, 2025, filed May 8, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 28, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 30, 2026
  • January 29, 2026
  • October 23, 2025
  • July 24, 2025

Recent SEC filings

Data status

When each part of this page on Brunswick Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Brunswick Corp in brief

What does Brunswick Corp do?
Brunswick Corp is a US-listed company in the leisure products industry. Its financial year ends in December.
What is Brunswick Corp's stock ticker?
Brunswick Corp trades under the ticker BC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Brunswick Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Brunswick Corp reported revenue of $5.6B, 10.5% higher than a year earlier, according to its SEC filings.
What is Brunswick Corp's free cash flow?
Brunswick Corp's free-cash-flow margin is 6.1% of revenue over the trailing twelve months, ranking 15 of the 29 leisure products companies we cover.
What is Brunswick Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Brunswick Corp's free cash flow after stock-based pay gives ~$100 per share in the base case, and ~$69–$150 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Brunswick Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Massachusetts Financial Services Co and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Brunswick Corp buying back stock, and does it pay a dividend?
Brunswick Corp spent $68.1M on share repurchases over the trailing twelve months, and its diluted share count fell 1.2% over the year.
What is Brunswick Corp's market cap?
On November 2, 2026, Brunswick Corp's market capitalisation was about $5.2B and net debt of $2.1B. Market figures come from third-party market data and may be delayed.
Does Brunswick Corp pay a dividend?
Yes: Brunswick Corp paid $113M in dividends over the trailing twelve months, a dividend yield of 2.21%.
How much debt does Brunswick Corp have?
Brunswick Corp's debt-to-equity ratio is 125.2%, from its latest balance sheet (92.9% five years earlier). The financial health section below sets out its other solvency checks.
Who are Brunswick Corp's competitors?
In our Leisure Products peer group, the companies closest to Brunswick Corp are Mattel Inc, Hasbro, Polaris Inc., Acushnet Holdings Corp. and Peloton Interactive, Inc. The side-by-side comparison below sets their revenue, margins and growth against Brunswick Corp's.
Are insiders buying or selling Brunswick Corp stock?
Over the last 12 months, Brunswick Corp's directors and officers reported 0 open-market purchases and 8 sales on Form 4. The insider trading page charts every trade.
When is Brunswick Corp's next earnings date?
Around January 28, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Brunswick Corp announces its own schedule.