Brunswick (BC)

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

NYSE

Website

www.brunswick.com

CEO

David Foulkes

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Manufacturing > Boat Building

Industry (SIC)

Engines & Turbines

Cummins • BWX • TPI Composites • Westport Fuel Systems • Capstone Green Energy • Power Solutions International • Unrivaled Brands • Novo Integrated Sciences • Regi U S • Carnegie Development ...

SEC CIK

0000014930

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Advanced Systems Group EMEA B.V. • Attwood Corporation • Aus Holdco Pty Limited • B.E.P. Marine Limited • Boston Whaler, Inc. • Brunswick Boat Club Holdings, LLC • Brunswick Compañías de México, S.A. de C.V. • Brunswick EMEA Holding B.V. • Brunswick Family Boat Co. Inc. • Brunswick Financial Services Corporation ...

IRS number

360848180

BC stock data

1M 1Y 5Y

News

From Benzinga Pro

8 Analysts Have This to Say About Brunswick

21 Jun 22

Brunswick (NYSE:BC) has observed the following analyst ratings within the last quarter:

JP Morgan Maintains Overweight on Brunswick, Lowers Price Target to $115

21 Jun 22

JP Morgan analyst Kevin Heenan maintains Brunswick (NYSE:BC) with a Overweight and lowers the price target from $117 to $115.

B. Riley Securities Maintains Buy on Brunswick, Lowers Price Target to $101

21 Jun 22

B. Riley Securities analyst Eric Wold maintains Brunswick (NYSE:BC) with a Buy and lowers the price target from $120 to $101.

Brunswick Expects Freedom Boat Club To Surpass 50K Memberships

6 Jun 22

Brunswick Says Freedom Boat Club Expected To Surpass 50K Memberships This Week

6 Jun 22

Press releases

From Benzinga Pro

Brunswick Corporation Named a 2022 Adobe Experience Maker Awards Finalist for Innovating Impactful Digital Customer Experiences

10 Jun 22

METTAWA, Ill., June 10, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE:BC), the world's largest recreational marine manufacturer, has been named a Maverick Award finalist for the 2022 Adobe Experience Maker

Brunswick Corporation to Present at the Baird 2022 Consumer, Technology and Services Conference

8 Jun 22

METTAWA, Ill., June 08, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE:BC) Chief Executive Officer David M. Foulkes and Executive Vice President and Chief Financial Officer Ryan M. Gwillim will present at the

Freedom Boat Club Expansion Further Accelerates Growth of Brunswick's Recurring Revenue Businesses

6 Jun 22

METTAWA, Ill., June 06, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation announced that (NYSE:BC) Freedom Boat Club this week is expected surpass 50,000 memberships across its 360 global locations, made up of both

Brunswick Corporation names Neha Clark Senior Vice President, Enterprise Finance & Brent Dahl CFO, Brunswick Boat Group

9 May 22

Brunswick Corporation Declares Quarterly Dividend

4 May 22

Analyst ratings and price targets

Last 3 months

Average target

$108.57

Low target

$96.00

High target

$123.00

Calendar

10 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart BC financial data

Quarter (USD)	Apr 22	Dec 21	Oct 21	Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	692.3M	692.3M	692.3M	692.3M	692.3M	692.3M
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	47.3M	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	132.89M	n/a
Cash remaining	n/a	n/a	n/a	n/a	559.41M	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	11.8	n/a

Beta Read what these cash burn values mean

Financial data from Brunswick earnings reports.

Recent insider trades

BC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Jun 22	Altman Randall S	Common Stock	Payment of exercise	Dispose F	No	No	71.94	554	39.85K	18,293
3 Jun 22	Ryan M Gwillim	Common Stock	Payment of exercise	Dispose F	No	No	71.94	416	29.93K	20,143
31 May 22	Ryan M Gwillim	Common Stock	Discretionary	Acquire I	Yes	No	75.23	1,516	114.05K	4,573
27 May 22	Dekker Christopher F	Common Stock	Discretionary	Acquire I	Yes	No	75.63	1,180	89.24K	3,079
6 May 22	David M Foulkes	Common Stock	Sale back to company	Dispose D	No	Yes	78.38	19,000	1.49M	186,432

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

BC institutional ownership history Ownership history

93.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	410	436	-6.0%
Opened positions	57	69	-17.4%
Closed positions	83	48	+72.9%
Increased positions	150	138	+8.7%
Reduced positions	138	155	-11.0%

13F shares	Current	Prev Q	Change
Total value	5.78B	7.16B	-19.3%
Total shares	71.15M	71.1M	+0.1%
Total puts	203.4K	195.1K	+4.3%
Total calls	165.9K	262.9K	-36.9%
Total put/call ratio	1.2	0.7	+65.2%

Largest owners	Shares	Value	Change
Vanguard	7.31M	$591.61M	-2.6%
BLK Blackrock	6.43M	$519.84M	+0.7%
Cantillon Capital Management	4.12M	$333.49M	+8.1%
Massachusetts Financial Services	2.68M	$216.92M	+11.7%
JPM JPMorgan Chase & Co.	2.13M	$172.6M	-25.1%
STT State Street	2.12M	$171.61M	+2.6%
American Century Companies	2M	$161.81M	+22.8%
Kensico Capital Management	1.75M	$141.56M	+49.9%
TimesSquare Capital Management	1.34M	$108.48M	-8.1%
Lakewood Capital Management	1.31M	$105.87M	+67.4%

Largest transactions	Shares	Bought/sold	Change
First Trust Advisors	254.23K	-1.75M	-87.3%
Turtle Creek Asset Management	1.02M	+977.25K	+2164.5%
Arrowstreet Capital, Limited Partnership	430.37K	-870.22K	-66.9%
Norges Bank	0	-767.5K	EXIT
JPM JPMorgan Chase & Co.	2.13M	-715.63K	-25.1%
Kensico Capital Management	1.75M	+582.9K	+49.9%
Lakewood Capital Management	1.31M	+527K	+67.4%
Cannell Peter B & Co	484.52K	+484.52K	NEW
Alliancebernstein	125.8K	-441.71K	-77.8%
GS Goldman Sachs	301.84K	-406.02K	-57.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Marine Products

Risks

Adverse capital market conditions could have a negative impact on our financial results.
Successfully managing our manufacturing activity is critical to our operating and financial results.
Failure to successfully implement our strategic plan and growth initiatives could have a material adverse effect on our business and financial condition.
Our business and operations are dependent on the expertise of our key contributors, our successful implementation of succession plans, and our ability to attract and retain management employees and skilled labor.

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 18 percent during the first quarter of 2022 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 decreased 60 basis points in the first quarter of 2022 when compared with the same prior year period, with inflationary pressures and supply chain inefficiencies more than offsetting increased sales across all segments.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2022 Q1

Financial reports

View all

Annual report (amended)

22 Feb 22

10-K