Brunswick Corporation Earnings Recaps
Q3 2025
Oct 24, 2025
Brunswick Corporation delivered strong third quarter results, achieving 7% revenue growth year-over-year and improved free cash flow amid a recovering boating market.
Key takeaways
- Q3 revenue reached $1.4 billion, buoyed by growth across all segments, marking the first time since Q1 2022 that all segments reported revenue increases.
- Adjusted EPS was $0.97, reflecting year-over-year growth despite the reinstatement of variable compensation and tariffs.
- Free cash flow generation was robust at $111 million for the quarter, totaling $355 million year-to-date, significantly improving cash flow compared to 2024.
- Mercury Marine maintained a 49.4% share of the U.S. outboard market, demonstrating continued competitive strength.
- Brunswick announced strategic footprint rationalization in fiberglass boat manufacturing, consolidating operations to enhance operational efficiencies.
Q2 2025
Jul 25, 2025
Brunswick Corporation reported a solid second quarter in 2025, with sales reaching $1.4 billion and earnings per share at $1.16, both exceeding expectations despite ongoing challenges from tariffs and weather disruptions.
Key takeaways
- Achieved record free cash flow of $288 million for the quarter, marking the highest second quarter cash generation in company history.
- Propulsion business showed strong growth, gaining over 300 basis points in U.S. retail share for outboard engines over 300 horsepower.
- Engine Parts and Accessories business maintained steady earnings and market share, leveraging a robust distribution network.
- Despite lower sales in the boat segment, the company launched 30 new models year-to-date and successfully rationalized its value fiberglass model lineup by 25%.
- Positive external factors emerging include steady interest rates and favorable changes to tax provisions, enhancing potential cash flow visibility.