Q4 2025 Brunswick Corp Earnings Call Transcript
Key Points
- Brunswick Corp (BC) finished 2025 ahead of expectations with all businesses reporting sales and earnings growth.
- The company generated $442 million in free cash flow, providing financial flexibility for investments and debt reduction.
- Brunswick's propulsion segment had an outstanding fourth quarter, increasing revenues and earnings across all business lines.
- Mercury Marine continues to lead the outboard market share in the US, Canada, and Europe, with new product investments underway.
- The Freedom Boat Club expanded to 442 global locations, with member trips up 5% over 2024.
- The US retail boat market finished the year down approximately 9% in units, impacting overall industry performance.
- Adjusted earnings per share were affected by tariff headwinds, with a substantial impact on the fourth quarter.
- Incremental tariffs are expected to incur further costs of approximately $35 to $45 million in 2026.
- The geopolitical and trade environment remains dynamic, posing potential risks to market stability.
- Despite improvements, dealer inventories remain at low levels, which could impact future sales growth.
Good morning and welcome to Brunswick Corporation's 4th quarter and full year 2025 earnings conference call. All participants will be in a listen-only mode until the question-and-answer period.
Today's meeting will be recorded. If you have any objections, you may disconnect at this time. I would now like to introduce Steven Weiland, senior Vice President and Deputy Chief Financial Officer.
Of Brunswick Corp.
Please go ahead.
Good morning and thank you for joining us. With me on the call this morning are David Felps, Brunswick's Chairman and CEO, and Ryan Gen, Brunswick's CFO. Before we begin with our prepared remarks, I would like to remind everyone that during this call our comments will include certain forward-looking statements about future results. Please keep in mind that our actual results could differ materially from these expectations. For details on the factors to consider, please refer to our recent SEC filings in today's press release.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
