BC Brunswick
Headquartered in Mettawa, Ill., Brunswick Corporation's leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Power Products Integrated Solutions; MotorGuide trolling motors; Attwood, Garelick, and Whale marine parts; Land 'N' Sea, BLA, Payne's Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club, NAUTIC-ON, OnBoard Boating Club and Rentals.
Company profile
Ticker
BC, BC+A, BC+B, BC+C
Exchange
Website
CEO
David Foulkes
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
360848180
BC stock data
()
Press releases
Brunswick Corporation Brands Win Six Top Product Awards from Boating Industry Magazine
10 May 21
Brunswick Corporation Launches Virtual Investor Day 2021 Unveiling its "Next Wave" Strategic Plans and Initiatives to Accelerate Growth
10 May 21
Brunswick Corporation Announces Date of Virtual Investor Day Event
3 May 21
Brunswick Corporation Declares Quarterly Dividend
29 Apr 21
Brunswick Corp. to Host Earnings Call
29 Apr 21
Calendar
11 May 21
14 Jun 21
31 Dec 21
Financial summary
Quarter (USD) |
Apr 21 | Dec 20 | Sep 20 | Jun 20 | |
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| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
Financial data from Brunswick earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 481.6M | 481.6M | 481.6M | 481.6M | 481.6M | 481.6M |
| Cash burn (monthly) | 16.23M | 2.74M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 38.49M | 6.5M | n/a | n/a | n/a | n/a |
| Cash remaining | 443.11M | 475.1M | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 27.3 | 173.3 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 May 21 | David M Foulkes | Common Stock | Payment of exercise | Dispose F | No | No | 99.34 | 610 | 60.6K | 141,062 |
| 14 May 21 | Mcclanathan Joseph W | Common Stock | Sale back to company | Dispose D | No | No | 109.12 | 367 | 40.05K | 11,918 |
| 3 May 21 | Cooper Nancy E | Common Stock | Sale back to company | Dispose D | No | Yes | 109.4 | 239 | 26.15K | 15,365 |
| 30 Apr 21 | Flaherty Lauren Patricia | Common Stock | Grant | Aquire A | No | No | 107.13 | 333 | 35.67K | 5,687 |
| 30 Apr 21 | Cooper Nancy E | Common Stock | Grant | Aquire A | No | No | 107.13 | 683 | 73.17K | 15,604 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
92.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 398 |
| Opened positions | 397 |
| Closed positions | 2 |
| Increased positions | 0 |
| Reduced positions | 1 |
13F shares |
Current |
|---|---|
| Total value | 6.86B |
| Total shares | 71.91M |
| Total puts | 111.7K |
| Total calls | 426.6K |
| Total put/call ratio | 0.3 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 7.47M | $712.13M |
| BLK Blackrock | 6.7M | $639.25M |
| Cantillon Capital Management | 3.94M | $376M |
| JPM JPMorgan Chase & Co. | 3.61M | $344.26M |
| Massachusetts Financial Services | 2.16M | $206.03M |
| STT State Street | 1.83M | $174.08M |
| PFG Principal Financial Group Inc - Registered Shares | 1.66M | $158.71M |
| Arrowstreet Capital, Limited Partnership | 1.61M | $153.43M |
| Nuveen Asset Management | 1.46M | $139.01M |
| BEN Franklin Resources | 1.46M | $138.84M |
Financial report summary
?Competition
Marine ProductsRisks
- Adverse credit and capital market conditions could have a negative impact on our financial results.
Management Discussion
- (A)Gross margin is defined as Net sales less Cost of sales as presented in the Condensed Consolidated Statements of Comprehensive Income.
- Net sales increased 48 percent during the first quarter of 2021 when compared with the same prior year period. Refer to the Propulsion, Parts and Accessories, and Boat segments for further details on the drivers of net sales changes.
- Gross margin percentage increased 380 basis points in the first quarter of 2021 when compared with the same prior year period, with all segments benefiting from increased sales resulting from strong global demand for marine products, with favorable factory absorption from increased production, and favorable changes in foreign currency exchange rates.
Content analysis
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
advantage, approach, ASG, augmented, discount, enterprise, evenly, factory, leisure, mentioned, outsized, payout, rapidly, Reginald, select, Singer, Steven, trend, Whisler
Removed:
accelerated, acquire, acquisition, adversely, agent, ahead, Aid, aimed, amortized, announced, approved, ASC, assigned, ASU, August, borrowed, call, called, closed, closely, Codification, collection, comparability, comparison, Concurrent, confidence, consideration, consolidating, covering, creation, decision, deductible, defer, depreciation, digit, disaggregation, disposal, disrupted, distancing, domestic, eligible, encourage, enforced, enhance, ensure, exceed, execute, executed, expansion, experiencing, external, FASB, fleet, flexibility, floorplan, Florida, fully, government, hand, hardship, headcount, health, high, identifiable, imposed, improved, improvement, inclusive, incurred, isolation, issue, January, July, large, line, lowering, mandatory, matching, maximum, measurement, National, negative, negatively, nonqualified, occurred, offering, opening, operated, operational, operator, par, partial, payroll, pension, perform, performed, population, practice, precautionary, preliminary, prepay, presence, President, profit, qualified, quality, quarantine, ramp, rationalize, realized, reallocated, recast, redeem, redemption, relating, Relief, remain, reopened, repower, represented, resumed, retention, retired, revolving, robust, safety, saltwater, scale, scheduled, secured, Security, sell, shift, significantly, social, standard, streamline, streamlining, suspended, suspension, temporarily, terminated, tight, tranche, transformation, unexpected, unit, unpaid, updated, usage, utilized, water
Financial reports
10-Q
2021 Q1
Quarterly report
11 May 21
10-K
2020 FY
Annual report
16 Feb 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
4 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K/A
2019 FY
Annual report (amended)
20 Mar 20
10-K
2019 FY
Annual report
18 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
1 May 19
Current reports
8-K
Departure of Directors or Certain Officers
7 Jun 21
8-K
Results of Operations and Financial Condition
29 Apr 21
8-K
Results of Operations and Financial Condition
28 Jan 21
8-K/A
Departure of Directors or Certain Officers
4 Dec 20
8-K
Departure of Directors or Certain Officers
29 Oct 20
8-K
Results of Operations and Financial Condition
29 Oct 20
8-K
Departure of Directors or Certain Officers
26 Oct 20
8-K
Departure of Directors or Certain Officers
11 Sep 20
8-K
Results of Operations and Financial Condition
30 Jul 20
8-K
Departure of Directors or Certain Officers
17 Jun 20
Registration and prospectus
8-A12B
Registration of securities on exchange
4 Mar 19
424B5
Prospectus supplement for primary offering
26 Feb 19
FWP
Free writing prospectus
26 Feb 19
424B5
Prospectus supplement for primary offering
25 Feb 19
8-A12B
Registration of securities on exchange
3 Dec 18
424B5
Prospectus supplement for primary offering
28 Nov 18
FWP
Free writing prospectus
26 Nov 18
FWP
Free writing prospectus
26 Nov 18
424B5
Prospectus supplement for primary offering
26 Nov 18
8-A12B
Registration of securities on exchange
3 Oct 18
Proxies
DEFA14A
Additional proxy soliciting materials
19 Mar 21
DEF 14A
Definitive proxy
19 Mar 21
DEFA14A
Additional proxy soliciting materials
20 Mar 20
DEF 14A
Definitive proxy
20 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
21 Mar 18
DEFA14A
Additional proxy soliciting materials
21 Mar 18
PRE 14A
Preliminary proxy
11 Mar 18
DEF 14A
Definitive proxy
21 Mar 17
Other
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
5 Jun 17
CORRESP
Correspondence with SEC
1 Jun 17
SD
Conflict minerals disclosure
25 May 17
UPLOAD
Letter from SEC
17 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
25 May 15
Ownership
3
BRUNSWICK / Mary Ann Wright ownership change
7 Jun 21
4
BRUNSWICK / DAVID M FOULKES ownership change
24 May 21
4
BRUNSWICK / JOSEPH W MCCLANATHAN ownership change
14 May 21
4
BRUNSWICK / J STEVEN WHISLER ownership change
4 May 21
4
BRUNSWICK / JANE L WARNER ownership change
4 May 21
4
BRUNSWICK / Reginald Fils-Aime ownership change
4 May 21
4
BRUNSWICK / DAVID C EVERITT ownership change
4 May 21
4
BRUNSWICK / ROGER WOOD ownership change
4 May 21
4
BRUNSWICK / DAVID V SINGER ownership change
4 May 21
4
BRUNSWICK / LAUREN PATRICIA FLAHERTY ownership change
4 May 21
Patents
GRANT
Utility
Cord disconnect apparatus and methods
19 Oct 20
A power cord disconnect apparatus and methods of disconnecting a power cord.
GRANT
Utility
Tillers for outboard motors having reversible throttle grip direction
29 Jun 20
A tiller for an outboard motor has a throttle grip that is manually rotatable through first and second ranges of motion into and between an idle position in which the outboard motor is controlled at an idle speed, and first and second open-throttle positions, respectively, in which the outboard motor is controlled at an above-idle speed.
GRANT
Utility
Systems and methods for controlling planetary transmission arrangements for marine propulsion devices
29 Jun 20
Transmission systems and methods are for a marine propulsion device having an internal combustion engine that drives a propulsor.
GRANT
Utility
Marine propulsion systems and fuel filters for marine propulsion systems
29 Jun 20
A marine propulsion system includes an internal combustion engine; a fuel reservoir; a pump that pumps fuel from the fuel reservoir to the internal combustion engine; and a fuel filter that filters the fuel.
APP
Utility
Marine Propulsion Control System and Method with Collision Avoidance Override
24 Jun 20
A method of controlling propulsion of a marine vessel includes receiving proximity measurements from one or more proximity sensors on the marine vessel and limiting user input authority over propulsion output in a direction of an object by at least one propulsion device based on the proximity measurement so as to maintain the marine vessel at least a buffer distance from the object.
Transcripts
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
2 Aug 20
2020 Q1
Earnings call transcript
1 May 20
2019 Q4
Earnings call transcript
30 Jan 20
2019 Q3
Earnings call transcript
24 Oct 19
2019 Q2
Earnings call transcript
26 Jul 19
2019 Q1
Earnings call transcript
25 Apr 19
2018 Q4
Earnings call transcript
31 Jan 19
2018 Q3
Earnings call transcript
25 Oct 18
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