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Side-by-side financial comparison of BRUNSWICK CORP (BC) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.0× BRUNSWICK CORP). BRUNSWICK CORP runs the higher net margin — 1.4% vs -7.3%, a 8.7% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (15.5% vs 3.1%). BRUNSWICK CORP produced more free cash flow last quarter ($83.6M vs $35.0M).
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
BC vs LINE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.4B |
| Net Profit | $18.7M | $-100.0M |
| Gross Margin | 23.1% | 32.3% |
| Operating Margin | 3.1% | 2.5% |
| Net Margin | 1.4% | -7.3% |
| Revenue YoY | 15.5% | 3.1% |
| Net Profit YoY | 122.7% | 79.4% |
| EPS (diluted) | $0.32 | $-0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.4B | $1.3B |
| Q4 25 | $18.7M | — | ||
| Q3 25 | $-235.5M | $-100.0M | ||
| Q2 25 | $59.3M | $-6.0M | ||
| Q1 25 | $20.2M | $0 | ||
| Q4 24 | $-82.5M | $-71.0M | ||
| Q3 24 | $44.6M | $-485.0M | ||
| Q2 24 | $100.0M | $-68.0M | ||
| Q1 24 | $68.0M | $-40.0M |
| Q4 25 | 23.1% | — | ||
| Q3 25 | 25.8% | 32.3% | ||
| Q2 25 | 25.5% | 31.9% | ||
| Q1 25 | 24.9% | 32.2% | ||
| Q4 24 | 21.9% | 32.3% | ||
| Q3 24 | 26.2% | 32.8% | ||
| Q2 24 | 27.1% | 33.4% | ||
| Q1 24 | 27.4% | 33.4% |
| Q4 25 | 3.1% | — | ||
| Q3 25 | -17.8% | 2.5% | ||
| Q2 25 | 7.1% | 1.7% | ||
| Q1 25 | 4.6% | 4.3% | ||
| Q4 24 | -4.8% | -1.6% | ||
| Q3 24 | 7.7% | -38.6% | ||
| Q2 24 | 11.0% | 5.5% | ||
| Q1 24 | 8.1% | 7.6% |
| Q4 25 | 1.4% | — | ||
| Q3 25 | -17.3% | -7.3% | ||
| Q2 25 | 4.1% | -0.4% | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | -7.1% | -5.3% | ||
| Q3 24 | 3.5% | -36.3% | ||
| Q2 24 | 6.9% | -5.1% | ||
| Q1 24 | 5.0% | -3.0% |
| Q4 25 | $0.32 | — | ||
| Q3 25 | $-3.59 | $-0.44 | ||
| Q2 25 | $0.89 | $-0.03 | ||
| Q1 25 | $0.30 | $0.01 | ||
| Q4 24 | $-1.21 | $-0.52 | ||
| Q3 24 | $0.67 | $-2.44 | ||
| Q2 24 | $1.48 | $-0.46 | ||
| Q1 24 | $0.99 | $-0.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $256.8M | — |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $1.6B | $8.4B |
| Total Assets | $5.3B | $19.2B |
| Debt / EquityLower = less leverage | 1.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $256.8M | — | ||
| Q3 25 | $297.7M | — | ||
| Q2 25 | $315.7M | — | ||
| Q1 25 | $286.7M | — | ||
| Q4 24 | $269.0M | $173.0M | ||
| Q3 24 | $284.1M | $409.0M | ||
| Q2 24 | $494.5M | $73.0M | ||
| Q1 24 | $548.4M | — |
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $8.4B | ||
| Q2 25 | $1.9B | $8.6B | ||
| Q1 25 | $1.9B | $8.6B | ||
| Q4 24 | $1.9B | $8.6B | ||
| Q3 24 | $2.0B | $9.0B | ||
| Q2 24 | $2.0B | $4.9B | ||
| Q1 24 | $2.0B | $5.6B |
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.4B | $19.2B | ||
| Q2 25 | $5.8B | $19.4B | ||
| Q1 25 | $5.9B | $18.8B | ||
| Q4 24 | $5.7B | $18.7B | ||
| Q3 24 | $6.0B | $19.3B | ||
| Q2 24 | $6.4B | $18.8B | ||
| Q1 24 | $6.5B | — |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $132.9M | $230.0M |
| Free Cash FlowOCF − Capex | $83.6M | $35.0M |
| FCF MarginFCF / Revenue | 6.3% | 2.5% |
| Capex IntensityCapex / Revenue | 3.7% | 14.2% |
| Cash ConversionOCF / Net Profit | 7.11× | — |
| TTM Free Cash FlowTrailing 4 quarters | $396.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $132.9M | — | ||
| Q3 25 | $140.4M | $230.0M | ||
| Q2 25 | $316.2M | $258.0M | ||
| Q1 25 | $-27.4M | $139.0M | ||
| Q4 24 | $306.4M | — | ||
| Q3 24 | $67.4M | $186.0M | ||
| Q2 24 | $211.0M | $155.0M | ||
| Q1 24 | $-153.4M | $105.0M |
| Q4 25 | $83.6M | — | ||
| Q3 25 | $106.5M | $35.0M | ||
| Q2 25 | $271.3M | $95.0M | ||
| Q1 25 | $-65.1M | $-12.0M | ||
| Q4 24 | $276.1M | — | ||
| Q3 24 | $31.4M | $33.0M | ||
| Q2 24 | $163.9M | $-31.0M | ||
| Q1 24 | $-207.4M | $-42.0M |
| Q4 25 | 6.3% | — | ||
| Q3 25 | 7.8% | 2.5% | ||
| Q2 25 | 18.7% | 7.0% | ||
| Q1 25 | -5.3% | -0.9% | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 2.5% | 2.5% | ||
| Q2 24 | 11.4% | -2.3% | ||
| Q1 24 | -15.2% | -3.2% |
| Q4 25 | 3.7% | — | ||
| Q3 25 | 2.5% | 14.2% | ||
| Q2 25 | 3.1% | 12.1% | ||
| Q1 25 | 3.1% | 11.7% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | 11.5% | ||
| Q2 24 | 3.3% | 13.9% | ||
| Q1 24 | 4.0% | 11.1% |
| Q4 25 | 7.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.33× | — | ||
| Q1 25 | -1.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.51× | — | ||
| Q2 24 | 2.11× | — | ||
| Q1 24 | -2.26× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
