OakChart

Callaway Golf Co

CALYConsumer Cyclical·Leisure·USA·Mid·NYSE·Nov 11 • 11:16 AM ET

17.30-0.07 (-0.38%)
2026-11-11 17:17 CET
Market cap
3,042.81 USD m
Revenue, TTM
2,104.10 USD m
Net income, TTM
-172.20 USD m
Free cash flow, TTM
484.60 USD m
EPS diluted, TTM
-0.98
P/E
-
Compare

Price

CALY against its 20, 50 and 200-day averages
2050200beat
12.0014.0016.0018.0020.004.0M8.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CALYclose 17.3020-day 15.2750-day 14.89200-day 15.5117.3052w high

14.7% under the 52-week high of 20.28 on 16 Jul 2026. 52-week low 9.24 on 19 Nov 2025. Last 15 sessions, 27.6% high to low

Profile

CALY
52-week range, 73% of the way up
9.2420.28

Callaway Golf Co. engages in the manufacture and distribution of golf equipment and accessories. It operates through the Gold Equipment and Apparel, Gear, and Other segments. The Gold Equipment segment consists of product sales and expenses that encompass golf club and golf ball products, including Callaway Golf-branded woods, hybrids, irons, wedges, Odyssey putters, packaged sets, Callaway Golf-branded golf balls and sales of pre-owned golf clubs. The Apparel, Gear, and Other segment focuses on product sales and expenses for the TravisMathew golf and lifestyle apparel and accessories business, the Callaway soft goods business and the OGIO business, which consists of golf apparel and accessories (including golf bags), and storage gear for sport and personal use. The company was founded by Ely Reeves Callaway, Jr. in 1982 and is headquartered in Carlsbad, CA.

IndexRUT
Employees28000
IPOFeb 28, 1992
Beta0.96
ATR, 14d0.59
Rel volume0.41
Short float4.62%
Insider own13.34%
Inst own89.76%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap3.03B
Enterprise Value2.87B
Income-172.20M
Sales2.10B
Book/sh12.29
Cash/sh2.48
Dividend Est.-
Dividend TTM-
Dividend Ex-DateOct 01, 2024
Dividend Gr. 3/5Y- -
Payout-
Employees28000
IPOFeb 28, 1992

Ratios

P/E-
Forward P/E17.89
PEG0.25
P/S1.44
P/B1.41
P/C6.99
P/FCF6.25
EV/EBITDA27.27
EV/Sales1.36
Quick Ratio1.79
Current Ratio3.09
Debt/Eq0.12
LT Debt/Eq0.09
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.98
EPS next Y0.97
EPS next Q-0.23
EPS this Y296.92%
EPS next Y16.03%
EPS next 5Y72.27%
EPS past 3/5Y- -1.46%
Sales past 3/5Y-19.81% 5.32%
EPS Y/Y TTM88.80%
Sales Y/Y TTM-48.19%
EPS Q/Q428.41%
Sales Q/Q-53.22%
EarningsNov 05 AMC
EPS/Sales Surpr.981.08% 2.01%

Ownership

Insider Own13.34%
Insider Trans-0.84%
Inst Own89.76%
Inst Trans-0.43%
ROA2.57%
ROE5.72%
ROIC-7.29%
Gross Margin48.90%
Oper. Margin10.94%
Profit Margin-8.18%
SMA2013.35%
SMA5016.24%
SMA20011.53%
Trades-

Technical

Shs Outstand176.20M
Shs Float151.81M
Short Float4.62%
Short Ratio3.65
Short Interest7.01M
52W High20.28 -14.68%
52W Low9.24 87.27%
Volatility5.02% 3.24%
ATR (14)0.59
RSI (14)70.92
Beta0.96
Rel Volume0.41
Avg Volume1.92M
Volume244,964

Performance

Perf Week4.24%
Perf Month25.02%
Perf Quarter4.87%
Perf Half Y12.80%
Perf YTD48.27%
Perf Year67.18%
Perf 3Y72.17%
Perf 5Y-40.94%
Perf 10Y43.36%
Recom2.33
Target Price21.00
Prev Close17.37
Price17.30
Change %-0.38%

Analyst ratings

latest 10 of 18
DateActionAnalystRating changeTargetImplied
Jun 11, 2026ResumedGGoldmanNeutral$17-1.8%
Jan 22, 2026UpgradeRB. Riley SecuritiesNeutral → Buy$19+9.8%
Jan 16, 2026UpgradeKKeyBanc Capital MarketsSector Weight → Overweight$17-1.8%
Oct 17, 2025InitiatedUUBSNeutral$10-42.2%
Jul 18, 2025ResumedMMorgan StanleyEqual-Weight$9.50-45.1%
May 16, 2025ResumedRB. Riley SecuritiesNeutral$7-59.5%
May 16, 2025InitiatedRB. Riley SecuritiesNeutral$7-59.5%
Jan 02, 2025UpgradeJJefferiesHold → Buy$11 → $13-24.9%
Oct 17, 2024DowngradeRB. Riley SecuritiesBuy → Neutral$18 → $12-30.6%
Aug 29, 2024DowngradeJJefferiesBuy → Hold$40 → $12-30.6%

Peers

Mkt cap
TickerCompanyMkt cap
GOLFAcushnet Holdings Corp4.81B
ASAmer Sports Inc17.89B
YETIYETI Holdings Inc3.22B
NWTGNewton Golf Co Inc5.19M
LUCKLucky Strike Entertainment Corp483.96M
DKSDicks Sporting Goods Inc13.21B
JOUTJohnson Outdoors Inc495.17M
ESCAEscalade Inc292.20M
BCBrunswick Corp5.01B
GRMNGarmin Ltd56.53B

Insider trading

latest 14 of 42
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Thomas Jennifer L.SVP, Chief Accounting OfficerAug 26 '26Option Exercise0.006,494091,171Aug 26 05:35 PM
Reed Timothy R.EVP, Golf R&D, Strategy & FitAug 26 '26Option Exercise0.0012,9880179,493Aug 26 05:34 PM
Hickey Glenn F.EVP & Pres., Callaway SalesAug 06 '26Sale18.7428,843540,55872,239Aug 10 04:22 PM
BREWER OLIVER G IIIPresident and CEOAug 06 '26Sale18.3067,4741,234,720201,276Aug 10 04:22 PM
BREWER OLIVER G IIIPresident and CEOAug 07 '26Sale18.001,40025,200200,983Aug 10 04:22 PM
GLENN HICKEYOfficerAug 06 '26Proposed Sale18.7428,843540,558Aug 06 05:44 PM
BREWER OLIVER G IIIOfficerAug 06 '26Proposed Sale18.46272,4745,029,870Aug 06 11:52 AM
THORNLEY ANTHONY SDirectorMay 29 '26Option Exercise0.0018,5460107,330May 29 04:37 PM
SEGRE LINDA BDirectorMay 29 '26Option Exercise0.0018,546086,015May 29 04:36 PM
Ogunlesi Adebayo O.DirectorMay 29 '26Option Exercise0.0018,5460157,324May 29 04:36 PM
LUNDGREN JOHN FDirectorMay 29 '26Option Exercise0.0018,5460120,956May 29 04:35 PM
Holloway BavanDirectorMay 29 '26Option Exercise0.0018,546041,447May 29 04:35 PM
FLEISCHER RUSSELL LDirectorMay 29 '26Option Exercise0.0018,5460154,179May 29 04:34 PM
Rao Varsha RajendraDirectorMay 21 '26Option Exercise0.0018,546071,717May 21 04:45 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
IWMiShares Russell 2000 Index FundAUM: 77.38B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
FESMFidelity Enhanced Small Cap Core ETFAUM: 6.82B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.06B
VXFVanguard Extended Market Index ETFAUM: 30.47B

News

latest 14 of 206
  • Callaway Golf Announces U.S. Investment to Lead a New Era of Golf Club Performance (PR Newswire) +5.72%
  • Callaway: Q3 Earnings Snapshot (Associated Press)
  • CALLAWAY GOLF COMPANY ANNOUNCES THIRD QUARTER 2026 RESULTS (PR Newswire)
  • Callaway Golf Tests Its Narrowed Outlook As Shares Slide 21% Into Seasonally Quiet Quarter (Earnings Whispers)
  • Callaway Golf Company to Release Third Quarter 2026 Financial Results (PR Newswire)
  • Loading…
  • CALLAWAY GOLF COMPANY ANNOUNCES THE RETURN OF HARRY ARNETT AS SENIOR VICE PRESIDENT, CHIEF BRAND OFFICER (PR Newswire)
  • Warsh's Silence Could Be Louder Than Marvell's Earnings (Barrons.com)
  • Callaway Golf Stock Lands in the Rough After Ad Backlash (Barrons.com)
  • 'Mistakes were made': Ad showing a male golfer shoving a woman to the ground puts Callaway Golf in hot water (Moneywise)
  • Callaway Golf Co (CALY) (Q2 2026) Earnings Call Highlights: Strong Margin Expansion Drives 36% ... (GuruFocus.com)
  • Callaway: Q2 Earnings Snapshot (Associated Press)
  • CALLAWAY GOLF COMPANY ANNOUNCES SECOND QUARTER 2026 RESULTS (PR Newswire)
  • Callaway Golf Company to Release Second Quarter 2026 Financial Results (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-050.1200.0110.250436.9428.2711
2026Q22026-08-040.3900.3550.402612.2605.6311
2026Q12026-05-070.5600.4220.377687.5651.7310
2025Q42026-02-12-0.250-0.424-2.017367.5787.4110
2025Q32025-11-06-0.050-0.217-0.080934904.2511
2025Q22025-08-060.2400.0240.1101,1111,09410
2025Q12025-05-120.110-0.0600.0111,0921,0679
2024Q42025-02-24-0.330-0.404-8.235924.4884.7411
2024Q32024-11-120.020-0.172-0.0201,013981.8411
2024Q22024-08-070.4200.2730.3201,1581,19110
2024Q12024-05-080.0900.0130.0351,1441,15712
2023Q42024-02-13-0.300-0.342-0.418897.1867.2513
2023Q32023-11-080.2000.1090.1561,0411,05413
2023Q22023-08-080.3900.3430.5831,1801,19111
2023Q12023-05-090.1700.1500.1241,1671,1378
2022Q42023-02-09-0.270-0.217-0.393851.3840.389

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY0.5300.5220.4201,0491,041
2018FY1.0801.0591.0781,2431,239
2019FY0.8200.8760.8251,7011,695
2020FY-1.350-1.103-1.3481,5891,552
2021FY1.8201.7001.8203,1333,116
2022FY0.8200.9140.7843,9963,985
2023FY0.4900.4260.4724,2854,255
2024FY0.2300.139-7.8814,2394,199
2025FY0.210-0.1470.2102,0603,924
2026FY-0.834--2,072
2027FY-0.967--2,138
2028FY-1.074--2,197

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-061042338.51331.42345.6
2026Q4S2026-11-051002335.98331.42345.6
2026Q4S2026-10-191002335.98331.42345.6
2026Q4S2026-09-111008335.98331.42345.6
2026Q4S2026-09-081007338.63333.1357.91
2026Q4S2026-08-311008338.63333.1357.91
2026Q4S2026-08-261007339.27333.1357.91
2026Q4S2026-08-051008339.27333.1357.91
2026Q4S2026-07-221002345.44333.1357.91
2026Q4S2026-07-181016345.44333.1357.91
2026Q4S2026-07-061017345.44333.1357.91
2026Q4S2026-06-251118346.07333.1357.91
2026Q4S2026-06-121117347.54333.1374.07
2026Q4S2026-06-101117348.8333.1374.07

Estimate history

EPS, annual0.421.0780.825-1.3481.820.7840.472-7.881-1.449-0.9757
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.02-8.2350.0110.11-0.08-2.0170.3770.4020.262
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1048.7361242.8341701.0631589.463133.4473995.74284.82077.72060.12104.1
Period201720182019202020212022202320242025TTM
Sales, quarterly1012.9924.41092.31110.5934367.5687.5612.2436.9
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual94.63294.51193.59294.202185.212184.9183.7183.1183.9176.2
Period201720182019202020212022202320242025MRQ
Shares, quarterly190.2183.1183.7183.9183.9183.9181.8179.1176.2
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue2,104.102,060.102,077.704,284.803,995.703,133.451,589.461,701.061,242.83
Cost of Goods Sold Incl. D&A1,106.001,188.201,197.301,638.901,595.001,284.88932.90934.66664.70
Gross Profit1,029.00871.90880.402,645.902,400.701,848.57656.56766.40578.13
Selling, General and Administrative Excl. Other767.90735.20732.502,376.402,108.701,636.18588.83620.18446.27
Research and Development65.0065.5064.10101.6076.4068.0046.3050.5840.75
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income230.20136.70147.90269.50292.00212.3967.73146.22131.87
Interest Expense-63.7073.30218.80144.80121.0349.5543.775.54
Unusual Expense-21.7021.90-31.00-13.70-39.70-14.41171.367.77-6.42
Net Income Before Taxes205.8087.60111.5034.80141.90350.64-127.4895.77131.27
Income Taxes73.0048.8018.10-60.20-16.0028.65-0.5416.5426.02
Consolidated Net Income132.8038.8093.4095.00157.90321.99-126.9379.23105.25
Net Income From Continuing Operations132.8038.8093.4095.00157.90321.99-126.9379.41104.74
Net Income-172.20-266.20-1,447.7095.00157.90321.99-126.9379.41104.74
EPS (Recurring)-1.01-1.37-8.000.420.651.76-0.070.881.03
EPS (Basic, Before Extraordinaries)-0.92-1.45-7.880.510.851.90-1.350.841.11
EPS (Diluted)-0.98-1.45-7.880.470.781.82-1.350.821.08
EBITDA105.10183.10192.40509.20484.80448.17139.96212.06151.81
Non-Operating Income (Expense)-20.2036.505.90-29.60-45.00244.8725.701.09-1.48
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense18.9918.1021.0035.5035.7029.797.989.4110.69
Price To Earnings Ratio---30.5319.6111.28-25.9014.22
Price To Sales Ratio1.231.040.690.670.991.551.421.201.20
Gross Margin48.9042.3242.3761.7560.0858.9941.3145.0546.52
Operating Margin10.946.647.126.297.316.784.268.6010.61
Net Margin-8.18-12.92-69.682.223.9510.28-7.994.678.43
Shares Outstanding176.20183.90183.10183.70184.90185.2194.2093.5994.51
Market Capitalization3,042.813,042.811,444.862,645.973,650.755,104.222,261.251,995.071,446.02

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue436.90612.20687.50367.50934.001,110.501,092.30924.40
Cost of Goods Sold Incl. D&A211.10305.20360.50229.20329.00408.20426.60333.30
Gross Profit225.80307.00327.00138.30605.00702.30665.70591.10
Selling, General and Administrative Excl. Other181.20191.10187.50208.10566.70596.20597.70594.70
Research and Development15.7015.8015.2018.3020.1019.8021.3019.90
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income44.60115.90139.50-69.8038.30106.1068.00-3.60
Interest Expense-4.605.8015.5060.2059.7059.2059.80
Unusual Expense4.50-2.30-3.00-20.90-1.4017.309.901,429.60
Net Income Before Taxes47.80110.60107.60-60.20-22.3034.1011.60-1,514.10
Income Taxes-0.3034.8032.705.80-7.6013.809.50-1.40
Consolidated Net Income48.1075.8074.90-66.00-14.7020.302.10-1,512.70
Net Income From Continuing Operations48.1075.8074.90-66.00-14.7020.302.10-1,512.70
Net Income48.1075.8074.90-371.00-14.7020.302.10-1,512.70
EPS (Recurring)0.280.390.37-2.10-0.090.180.05-2.79
EPS (Basic, Before Extraordinaries)0.270.420.41-2.02-0.080.110.01-8.23
EPS (Diluted)0.260.400.38-2.02-0.080.110.01-8.23
EBITDA55.20125.40150.30-225.80103.80173.90137.1065.50
Non-Operating Income (Expense)7.70-3.00-29.104.20-1.805.0012.70-21.10
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense4.204.604.905.293.005.305.307.11
Price To Sales Ratio1.231.370.910.610.430.360.290.34
Gross Margin51.6850.1547.5637.6364.7863.2460.9463.94
Operating Margin10.2118.9320.29-18.994.109.556.23-0.39
Net Margin11.0112.3810.89-100.95-1.571.830.19-163.64
Shares Outstanding176.20179.10181.80183.90183.90183.90183.70183.10
Market Capitalization3,042.813,377.652,555.222,145.931,746.731,479.201,208.581,444.86

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments903.20445.00394.30199.30353.38366.12106.6763.9885.67
Short Term Receivables161.90189.40310.90242.10118.17139.11150.3772.0995.27
Inventories625.30628.20794.40959.20533.46352.54456.64338.06262.49
Other Current Assets4,245.20338.10128.50118.30160.7453.8274.9250.3022.10
Total Current Assets5,935.601,600.701,628.101,518.901,165.75911.60788.60524.43465.53
Net Property, Plant & Equipment333.70328.403,824.003,444.402,965.40341.27292.8688.4770.23
Total Investments and Advances47.6051.3015.8046.2043.55111.4490.1372.2470.50
Long-Term Note Receivable-71.2065.1057.5044.08-0.86--
Intangible Assets842.20841.203,494.203,487.403,488.71541.00697.17280.51282.19
Deferred Tax Assets109.2048.60---59.7373.9575.0891.40
Other Assets17.704,765.9093.4036.0040.2815.5616.9812.2211.32
Total Assets7,286.007,636.109,120.608,590.407,747.781,980.601,960.551,052.94991.16
Short Term Debt Incl. Current Port. of LT Debt833.2058.30142.60312.8087.6466.56178.9042.8790.35
Accounts Payable109.6061.70130.70159.10138.6866.2867.8442.4763.20
Income Tax Payable-----5.9112.101.091.29
Other Current Liabilities3,424.70705.90674.30704.30639.71252.52264.39216.80159.52
Total Current Liabilities4,367.50825.90947.601,176.20866.02391.27523.25303.24314.37
Long Term Debt840.901,579.204,219.503,497.703,003.74829.01581.517.579.54
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1.802.2036.70117.50163.5958.6373.481.801.82
Other Liabilities6.902,821.1038.6024.7031.5226.0514.956.046.04
Total Liabilities5,217.105,228.405,242.404,816.104,064.881,304.961,193.19318.64331.78
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,068.902,407.703,878.203,774.303,682.90675.64767.35724.57649.63
Total Shareholders Equity2,068.902,407.703,878.203,774.303,682.90675.64767.35724.57649.63
Accumulated Minority Interest0.000.000.000.000.000.000.009.739.74
Total Equity2,068.902,407.703,878.203,774.303,682.90675.64767.35734.31659.38
Total Liabilities & Stockholders Equity7,286.007,636.109,120.608,590.407,747.781,980.601,960.551,052.94991.16
Book Value Per Share11.2513.1521.1120.4119.887.178.207.676.86
Tangible Book Value Per Share6.678.562.091.551.051.430.754.703.88
Full-Time Employees28,00030,00032,00032,00024,8004,2004,2002,4002,100
Price to Book Ratio1.410.380.670.961.383.352.592.001.99
Return on Assets0.521.111.071.936.62-6.445.2710.254.55
Return on Equity1.732.972.484.2314.78-17.5910.6515.246.54
Return on Invested Capital-9.15-36.311.172.174.82-8.445.8914.316.19
Quick Ratio1.221.180.880.480.731.430.630.610.65
Current Ratio1.361.941.721.291.352.331.511.731.48

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income229.9038.8093.4095.00157.90321.99-126.9379.23105.25
Depreciation-125.1046.4044.50239.70287.00235.7772.2465.8419.95
Other Funds (Non Cash)152.60145.00257.50108.3090.70-198.48197.5630.908.93
Funds from Operations316.20249.20382.60354.10504.60367.70130.36174.59155.84
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital19.1083.80-0.8010.60-539.70-89.4497.88-88.05-63.56
Income Taxes Payable19.203.50-1.706.20-11.40----
Cash from Operating Activities335.30333.00381.80364.70-35.10278.26228.2486.5592.28
Capital Expenditures149.40-32.60-50.60-482.80-535.50-322.27-39.26-54.70-36.83
Net Assets From Acquisitions0.000.000.00-60.900.000.000.00-481.640.00
Sale of Fixed Assets and Businesses820.10286.000.000.300.000.020.050.040.04
Purchase or Sale of Investments30.50-1.10-2.20-2.500.40-10.90-20.00-17.90-1.74
Purchase of Investments-0.60-1.10-2.20-2.500.00-30.00-20.00-17.90-1.74
Sale Or Maturity of Investments31.100.000.000.000.4019.100.000.000.00
Other Uses-231.40-231.40-244.500.000.000.000.000.000.00
Other Sources0.700.700.003.000.00171.290.000.000.00
Cash from Investing Activities769.3021.60-297.30-542.90-535.10-161.86-59.21-554.20-38.52
Cash Dividends Paid0.000.000.000.000.00-0.00-1.89-3.78-3.79
Change in Capital Stock-135.50-3.60-31.30-51.80-35.10-15.87-21.96-27.70-20.82
Repurchase of Common Pref Stock-135.50-3.70-31.40-56.00-35.80-38.14-22.21-28.07-22.46
Sale of Common Pref Stock0.000.100.104.200.7022.270.250.371.64
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1,496.601.70-70.50427.60466.00-104.62151.70542.53-49.64
Change in Long Term Debt-1,496.60-18.20-70.50700.00253.00-91.59274.15436.69-2.19
Issuance of Long Term Debt-75.500.000.001,497.30352.30109.93287.38474.080.00
Reduction of Long Term Debt-1,421.10-18.20-70.50-797.30-99.30-201.52-13.23-37.39-2.19
Net Financing Active Other Cash Flow94.4094.4078.400.00-5.60-3.58-31.770.00-0.82
Other Financing Activities Uses0.000.000.000.00-5.60-3.58-31.770.00-0.82
Cash from Financing Activities-1,537.7092.50-23.40375.80425.30-124.0796.07511.05-75.07
Exchange Rate Effect0.906.10-9.60-2.20-9.40-0.75-5.64-0.71-0.38
Net Change in Cash-432.20453.2051.50195.40-154.30-8.43259.4542.69-21.69
Free Cash Flow484.60301.20333.10-117.30-567.40-44.02188.9831.8555.46
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow5.337.124.33---12.0972.7228.77
Deferred Taxes & Investment Tax Credit-19.00-12.80-88.90-31.008.41-12.51-1.3821.70

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments433.70278.30499.50903.20865.60683.50
Short Term Receivables218.70363.60438.90161.90304.10455.50
Inventories536.20518.20596.40625.30568.70608.90
Other Current Assets86.7087.3089.304,245.20130.00133.40
Total Current Assets1,275.301,247.401,624.105,935.601,868.401,881.30
Net Property, Plant & Equipment336.80339.30321.70333.703,722.303,740.30
Total Investments and Advances243.60271.50278.1047.6050.2043.50
Intangible Assets841.20841.40841.70842.201,781.401,783.40
Deferred Tax Assets74.4072.90-109.20--
Other Assets9.6010.40114.9017.7070.9081.20
Total Assets2,780.902,782.903,180.507,286.007,570.107,607.30
Short Term Debt Incl. Current Port. of LT Debt73.4071.50341.40833.20402.20387.80
Accounts Payable72.9084.20107.50109.6087.10119.20
Other Current Liabilities266.30254.20264.703,424.70509.40508.70
Total Current Liabilities412.60409.90713.604,367.50998.701,015.70
Long Term Debt195.30201.90334.80840.904,050.904,051.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---1.802.002.40
Other Liabilities7.608.708.206.9042.8050.10
Total Liabilities615.50620.501,056.605,217.105,094.405,119.20
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,165.402,162.402,123.902,068.902,475.702,488.10
Total Shareholders Equity2,165.402,162.402,123.902,068.902,475.702,488.10
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,165.402,162.402,123.902,068.902,475.702,488.10
Total Liabilities & Stockholders Equity2,780.902,782.903,180.507,286.007,570.107,607.30
Book Value Per Share12.2912.0711.6811.2513.4613.53
Tangible Book Value Per Share7.527.387.056.673.783.83
Full-Time Employees---28,000--
Price to Book Ratio1.411.611.230.870.700.61
Return on Assets2.571.350.27-0.78-17.99-17.88
Return on Equity5.723.010.64-2.60-46.95-46.53
Return on Invested Capital2.043.213.05-12.75-0.230.31
Quick Ratio1.791.781.441.221.301.25
Current Ratio3.093.042.281.361.871.85

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income48.1075.8074.9031.10-14.7020.30
Depreciation10.609.5010.80-156.0065.5067.80
Other Funds (Non Cash)5.3014.8037.3095.2011.9016.30
Funds from Operations61.00128.50142.50-15.8050.80116.10
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital130.90121.00-311.5078.70177.6010.80
Income Taxes Payable-2.301.406.9013.20-0.60-3.40
Cash from Operating Activities191.90249.50-169.0062.90228.40126.90
Capital Expenditures-11.10-11.40-7.00178.90-66.40-75.20
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.001.30818.800.00286.000.00
Purchase or Sale of Investments25.505.000.000.00-0.50-0.60
Purchase of Investments0.00-0.600.000.00-0.50-0.60
Sale Or Maturity of Investments25.505.600.000.000.000.00
Other Uses0.000.000.00-231.400.000.10
Other Sources0.000.000.000.70-286.00286.00
Cash from Investing Activities14.40-5.10811.80-51.80-66.90210.30
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-50.70-42.50-42.00-0.300.000.00
Repurchase of Common Pref Stock-50.70-42.50-42.00-0.30-0.100.00
Sale of Common Pref Stock0.000.000.000.000.100.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-2.60-422.60-1,004.40-67.0021.6018.70
Change in Long Term Debt-2.60-422.60-1,004.40-67.0021.6018.70
Issuance of Long Term Debt0.000.000.00-75.5029.3022.70
Reduction of Long Term Debt-2.60-422.60-1,004.408.50-7.70-4.00
Net Financing Active Other Cash Flow0.000.000.0094.400.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities-53.30-465.10-1,046.4027.1021.6018.70
Exchange Rate Effect2.40-0.50-0.40-0.60-1.005.20
Net Change in Cash155.40-221.20-404.0037.60182.10361.10
Free Cash Flow180.80238.10-176.00241.70162.1052.50
Price to Free Cash Flow5.337.6710.047.1350.64-

Revenue breakdown

Apparel2024: 405.60M 2025: 398.80M
Gear, Accessories And Other2024: 289.40M 2025: 286.20M
Golf Balls2024: 321.80M 2025: 322.20M
Golf Clubs2024: 1.06B 2025: 1.05B
Asia2024: 379.10M 2025: 363.10M
Europe2024: 182.10M 2025: 203.80M
Rest Of World2024: 135.40M 2025: 129.90M
United States2024: 1.38B 2025: 1.36B
Apparel, Gear And Other2024: 695.00M 2025: 685.00M
Golf Equipment2024: 1.38B 2025: 1.38B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.62%7.0M151.8M1.91M
2026-10-154.87%7.5M154.7M1.96M
2026-09-303.98%6.2M154.7M1.94M
2026-09-154.19%6.5M154.7M1.96M
2026-08-313.38%5.2M154.7M2.07M
2026-08-143.92%6.1M154.9M2.32M
2026-07-314.29%6.4M149.3M2.60M
2026-07-155.64%8.5M150.4M2.70M
2026-06-305.21%7.8M150.4M2.75M
2026-06-154.53%6.8M150.4M2.67M
2026-05-294.06%6.1M150.4M2.75M
2026-05-154.57%6.4M139.5M2.80M
2026-04-304.22%5.8M137.9M2.79M
2026-04-154.16%5.7M137.9M2.99M
2026-03-314.47%6.2M139.8M3.09M
2026-03-134.78%6.7M139.8M3.10M
2026-02-274.92%6.9M139.8M3.10M
2026-02-135.53%7.7M139.7M3.28M
2026-01-306.25%8.7M139.6M3.16M
2025-12-314.61%6.0M129.6M2.70M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call2.5014.3015.500.0011.8780.000.000.993-0.0170.001
call5.0011.8013.0011.107.6040.000.000.989-0.0180.001
call7.509.3010.506.345.06224.000.000.984-0.0170.001
call10.006.808.006.603.83014.000.000.962-0.0270.002
call12.504.305.504.992.52210.000.000.928-0.0330.004
call15.002.152.552.400.9674231.000.839-0.0380.007
call17.500.300.500.470.53363613.000.473-0.0350.011
call20.000.000.050.020.5993300.000.071-0.0120.004
call22.500.000.350.130.9521320.000.049-0.0150.003
call25.000.000.350.051.24533.000.000.039-0.0160.002
call30.000.000.350.051.7421.000.000.030-0.0180.002
call35.000.000.350.002.1230.000.000.026-0.0190.002
put2.500.000.050.005.9280.000.00-0.007-0.0160.001
put5.000.000.350.023.9811.000.00-0.011-0.0170.001
put7.500.000.050.053.1342.000.00-0.026-0.0280.002
put10.000.000.100.062.1481090.00-0.038-0.0260.002
put12.500.000.150.151.5522310.00-0.072-0.0320.004
put15.000.000.250.130.9821351.00-0.165-0.0360.007
put17.500.300.751.570.58059.000.00-0.540-0.0330.011
put20.002.003.203.001.2551.000.00-0.929-0.0100.004
put22.504.505.900.002.1270.000.00-0.951-0.0120.003
put25.007.008.2011.002.6790.000.00-0.961-0.0130.002
put30.0012.0013.200.003.3770.000.00-0.970-0.0140.002
put35.0017.0018.2016.313.9200.000.00-0.974-0.0150.002

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-10-27SCHEDULE 13G/ASEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-13SCHEDULE 13GSEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-06144/ASEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-06-154Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-154Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-018-KCurrent report2026-06-01SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-268-KCurrent report2026-05-21SEC
2026-05-26SCHEDULE 13D/ASEC
2026-05-214Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-213Initial statement of beneficial ownership of securities2026-05-21SEC
2026-05-214Statement of changes in beneficial ownership of securities2026-05-21SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08001.80M3
2026-070000
2026-060000
2026-05001.68M2
2026-040000
2026-030000
2026-02001.09M4
2026-0100147.00M1
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.82%
WELLINGTON MANAGEMENT GROUP LLP7.95%
DIMENSIONAL FUND ADVISORS LP5.63%
VANGUARD PORTFOLIO MANAGEMENT LLC4.65%
AMERICAN CENTURY COMPANIES INC3.82%
VANGUARD CAPITAL MANAGEMENT LLC3.24%
STATE STREET CORP3.07%
GEODE CAPITAL MANAGEMENT, LLC2.55%
JACOBS LEVY EQUITY MANAGEMENT, INC2.35%
SHAPIRO CAPITAL MANAGEMENT LLC2.07%

Funds

Fund% owned
iShares Core S&P Small-Cap ETF4.58%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.23%
iShares Russell 2000 ETF2.05%
VANGUARD SMALL-CAP INDEX FUND1.60%
U.S. SMALL CAP VALUE PORTFOLIO1.33%
Avantis U.S. Small Cap Value ETF1.20%
Small Cap Growth Fund1.09%
VANGUARD SMALL-CAP VALUE INDEX FUND1.02%
VANGUARD EXTENDED MARKET INDEX FUND0.87%
Victory Sycamore Small Company Opportunity Fund0.86%

OakChart. CALY. Cached 15 minutes.