BRP Inc.
DOO · Miscellaneous Transportation Equipment · EDGAR filings ↗
Grade
B72Leading powersports manufacturer with strong returns and cash generation, offset by a cyclical earnings decline and high leverage.
Strengths
- High returns: ROE 89.5th pct, ROA 75.4th, ROIC 74.4th, with strong FCF (86.8th pct)
- Revenue growth 12% (63rd pct) and effective internal controls (clean Deloitte attestation)
Risks
- Net income down 243% (6.5th pct) reflecting a sharp cyclical downturn
- High leverage (D/E 4.0, 95th pct) and weak quick ratio (17.5th pct)
Notable findings
- High leverageHigh leverage (debt/equity 4.00)
- Material weaknessA material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the C
Key metrics
Gross margin
22.4%
Operating margin
4.7%
Net margin
3.4%
Return on equity
47.4%
Return on assets
4.6%
ROIC
10.3%
Revenue growth (QoQ)
12.2%
Debt / equity
4.0×
Interest coverage
1.9×
Current ratio
1.3×
Free cash flow
$668M
Tangible book value
$446M
Cash & investments
$312M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-26 | 2026-01-31 | 0001193125-26-125055 ↗ |
| 40-F | 2025-03-26 | 2025-01-31 | 0001193125-25-063142 ↗ |
| 40-F | 2024-03-28 | 2024-01-31 | 0001193125-24-079609 ↗ |
| 40-F | 2023-03-23 | 2023-01-31 | 0001193125-23-077261 ↗ |
| 40-F | 2022-03-25 | 2022-01-31 | 0001193125-22-084532 ↗ |
| 40-F | 2021-03-25 | 2021-01-31 | 0001193125-21-093370 ↗ |
| 40-F | 2020-04-09 | 2020-01-31 | 0001193125-20-102784 ↗ |
| 40-F | 2019-03-22 | 2019-01-31 | 0001193125-19-082717 ↗ |