Stock Analysis Report

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Executive Summary

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. More Details

Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.

Similar Companies

Share Price & News

How has Brunswick's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: BC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BC's weekly volatility (6%) has been stable over the past year.

Market Performance

7 Day Return




US Leisure


US Market

1 Year Return




US Leisure


US Market

Return vs Industry: BC underperformed the US Leisure industry which returned 97.2% over the past year.

Return vs Market: BC exceeded the US Market which returned 22.8% over the past year.

Shareholder returns

7 Day1.6%-2.3%1.4%
30 Day9.5%2.3%4.9%
90 Day44.5%25.8%14.6%
1 Year46.4%44.0%101.7%98.0%25.4%22.6%
3 Year58.1%50.9%25.4%18.4%46.8%37.0%
5 Year143.5%126.4%46.1%32.3%132.0%106.1%

Long-Term Price Volatility Vs. Market

How volatile is Brunswick's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Brunswick undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: BC ($90.46) is trading above our estimate of fair value ($55.51)

Significantly Below Fair Value: BC is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: BC is good value based on its PE Ratio (20.4x) compared to the US Leisure industry average (33.2x).

PE vs Market: BC is good value based on its PE Ratio (20.4x) compared to the US market (21.1x).

Price to Earnings Growth Ratio

PEG Ratio: BC is poor value based on its PEG Ratio (1.1x)

Price to Book Ratio

PB vs Industry: BC's PB Ratio (4.9x) is in line with the US Leisure industry average.

Next Steps

Future Growth

How is Brunswick forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BC's forecast earnings growth (19.3% per year) is above the savings rate (2%).

Earnings vs Market: BC's earnings (19.3% per year) are forecast to grow slower than the US market (21.6% per year).

High Growth Earnings: BC's earnings are forecast to grow, but not significantly.

Revenue vs Market: BC's revenue (9.9% per year) is forecast to grow slower than the US market (10.5% per year).

High Growth Revenue: BC's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BC's Return on Equity is forecast to be high in 3 years time (28.3%)

Next Steps

Past Performance

How has Brunswick performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BC has high quality earnings.

Growing Profit Margin: BC's current net profit margins (8.6%) are higher than last year (0.1%).

Past Earnings Growth Analysis

Earnings Trend: BC's earnings have declined by 16.3% per year over the past 5 years.

Accelerating Growth: BC's earnings growth over the past year (6854.8%) exceeds its 5-year average (-16.3% per year).

Earnings vs Industry: BC earnings growth over the past year (6854.8%) exceeded the Leisure industry 38.6%.

Return on Equity

High ROE: BC's Return on Equity (24.3%) is considered high.

Next Steps

Financial Health

How is Brunswick's financial position?

Financial Position Analysis

Short Term Liabilities: BC's short term assets ($1.7B) exceed its short term liabilities ($949.6M).

Long Term Liabilities: BC's short term assets ($1.7B) exceed its long term liabilities ($1.3B).

Debt to Equity History and Analysis

Debt Level: BC's debt to equity ratio (71.5%) is considered high.

Reducing Debt: BC's debt to equity ratio has increased from 35.3% to 71.5% over the past 5 years.

Debt Coverage: BC's debt is well covered by operating cash flow (82.3%).

Interest Coverage: BC's interest payments on its debt are well covered by EBIT (7.3x coverage).

Balance Sheet

Next Steps


What is Brunswick current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BC's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: BC's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.86%).

Stability and Growth of Payments

Stable Dividend: BC's dividends per share have been stable in the past 10 years.

Growing Dividend: BC's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.7%), BC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: BC's dividends in 3 years are forecast to be well covered by earnings (16.6% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Dave Foulkes (58 yo)





Mr. David M. Foulkes, also known as Dave, has been Chief Executive Officer and Director at Brunswick Corp. since January 01, 2019. Mr. Foulkes was Chief Technology Officer and President of Brunswick Marine...

CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD5.84M) is about average for companies of similar size in the US market ($USD6.22M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.

Leadership Team

David Foulkes
CEO & Director2yrsUS$5.84m0.14%
$ 10.2m
Christopher Dekker
VP, General Counsel & Secretary6.25yrsUS$1.43m0.050%
$ 3.5m
Christopher Drees
VP & President of Mercury Marine2yrsUS$1.41m0.0066%
$ 471.3k
Ryan Gwillim
Senior VP & Chief Financial Officer0.58yrno data0.013%
$ 907.8k
Michael Adams
VP & Chief Information Officer0.25yrno datano data
Brent Dahl
Vice President of Investor Relations0.25yrno datano data
Daniel Kubera
Director of Media Relations & Corporate Communicationsno datano datano data
Lee Gordon
Vice President of Global Communications & Public Relationsno datano datano data
Brenna Preisser
President of Business Acceleration and Chief People & Strategy Officer4.83yrsno data0.039%
$ 2.8m
Jeffry Behan
VP of Corporate Strategy & President of Aluminum Commercial Operations1.25yrsno datano data
Alexander Marchetti
Senior Director of Special Finance Projects & Finance Modernization0.25yrno datano data
Jeffrey Kinsey
President of Freshwater Boatsno datano datano data


Average Tenure


Average Age

Experienced Management: BC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

David Foulkes
CEO & Director2yrsUS$5.84m0.14%
$ 10.2m
Nancy Cooper
Independent Non-Executive Board Chairperson0.17yrUS$277.44k0.018%
$ 1.3m
J. Whisler
Independent Director13.25yrsUS$293.76k0.089%
$ 6.3m
Joseph McClanathan
Independent Director2.5yrsUS$287.76k0.000050%
$ 3.5k
David Singer
Independent Director7.08yrsUS$380.95k0.043%
$ 3.1m
Jane Warner
Independent Director5.92yrsUS$266.54k0.00015%
$ 10.6k
Roger Wood
Independent Director8.33yrsUS$288.98k0.000080%
$ 5.7k
David Everitt
Independent Director8.33yrsUS$329.73k0.027%
$ 1.9m
Reginald Fils-Aime
Directorno datano datano data
Lauren Flaherty
Independent Director2.08yrsUS$242.10k0.000050%
$ 3.5k


Average Tenure


Average Age

Experienced Board: BC's board of directors are considered experienced (5.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Brunswick Corporation's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Brunswick Corporation
  • Ticker: BC
  • Exchange: NYSE
  • Founded: 1845
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$7.087b
  • Shares outstanding: 78.34m
  • Website: https://www.brunswick.com

Number of Employees


  • Brunswick Corporation
  • 26125 North Riverwoods Boulevard
  • Suite 500
  • Mettawa
  • Illinois
  • 60045
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
BWIDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968


Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company offers marine engine products, including outboard, sterndrive, and inboard engine and propulsion systems;...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 00:23
End of Day Share Price2021/01/21 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.