Brunswick (BC) Investor presentation summary

Business overview and market position

• Powers about 50% of U.S. recreational boats with Mercury Marine engines and holds over 1,000 patents since 2017.

• Operates the world’s largest boat club with over 63,000 memberships globally.

• Holds the #1 position in U.S. and Canada outboard and sterndrive share, and leads in Europe outboard share.

• Offers 18 global boat brands and is a world leader in marine propulsion, parts, accessories, and integrated electronics.

• Maintains a strong ecosystem with synergistic marine services and finance businesses.

Financial performance and guidance

• Q1 2026 net sales reached $1.4B, up 13% year-over-year, with adjusted EPS up 25%.

• All segments saw sales increases, and operating leverage drove EPS growth despite incremental tariffs.

• 2026 revenue guidance raised to $5.65B–$5.8B, with EPS guidance midpoint up 30% from 2025.

• Operating margin guidance remains at 7.5%–8.0%, with free cash flow expected above $350M.

• 14th consecutive annual dividend increase and $20M in shares repurchased year-to-date.

Market trends and resilience

• U.S. new powerboat registrations are exposed to economic cycles, but boating participation remains consistent at over 6.5 million.

• 72%–90% of boaters expect to remain owners for 5+ years, indicating strong retention.

• No correlation between oil prices and boating demand; fuel costs are less than 10% of annual ownership expenses.

• 75%+ of global sales are insulated from Middle East conflict, with no direct impact on demand in key markets.