Callaway Golf Company financials
Source: EDGAR filings · Built 2026-06-02T02:33:49Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 302.00M | 333.00M | 314.30M | -570.10M | -44.80M | 188.20M |
| EBITDA | 174.50M | 197.40M | 239.80M | 449.60M | 360.50M | -66.00M |
| Working Capital | 1.57B | 774.80M | 680.50M | 342.70M | 299.70M | 521.36M |
| Net Debt | 770.90M | 2.48B | 2.72B | 2.97B | 2.29B | 529.59M |
| Gross Margin | 42.11% | 42.69% | 43.47% | — | — | 41.37% |
| Operating Margin | 6.22% | 7.36% | 9.10% | 6.43% | 6.53% | -6.64% |
| Net Margin | -19.87% | -69.68% | 4.45% | 3.95% | 10.28% | -7.98% |
| Return on Equity (ROE) | -19.78% | -60.13% | 2.45% | 4.18% | 8.74% | -18.78% |
| Return on Assets (ROA) | -5.62% | -18.96% | 1.04% | 1.84% | 4.16% | -6.41% |
| Current Ratio | 1.36× | 1.94× | 1.72× | 1.29× | 1.35× | 2.33× |
| Debt-to-Equity | 0.81× | 1.21× | 0.80× | 0.83× | 0.72× | 1.33× |
| Effective Tax Rate | 55.71% | 16.23% | 23.17% | -11.28% | 8.16% | 0.47% |
| Cash Conversion Ratio | -0.82× | -0.26× | 3.84× | -0.22× | 0.86× | -1.80× |
| Accruals Ratio | -0.10× | -0.24× | -0.03× | 0.02× | 0.01× | -0.18× |
| SBC % of Revenue | 1.16% | 1.33% | 1.56% | 1.18% | 1.24% | 0.69% |
| CapEx Coverage | 10.44× | 7.80× | 7.24× | -0.07× | 0.86× | 5.71× |
| Free Cash Flow Per Share | $1.63 | $1.67 | $1.56 | $-2.83 | $-0.25 | $2.00 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 28.68× | 24.09× | 15.08× | — |
| P/FCF | 7.18× | 4.70× | 9.18× | — | — | 12.02× |
| FCF Yield | 13.94% | 21.26% | 10.90% | — | — | 8.32% |
| EV / EBITDA | 16.87× | 19.96× | 22.51× | 14.82× | 20.53× | — |
| P/S | 1.05× | 0.70× | 1.26× | 0.92× | 1.63× | 1.44× |
| P/B | 1.05× | 0.61× | 0.69× | 0.98× | 1.39× | 3.40× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.06B | 2.08B | 2.13B | 4.00B | 3.13B | 1.59B |
| Cost of Goods and Services Sold | 1.19B | 1.19B | 1.21B | — | — | 931.88M |
| Gross Profit | 867.60M | 887.00M | 927.10M | — | — | 657.59M |
| Research and Development Expense | 65.50M | 64.10M | 61.80M | 76.40M | 68.00M | 46.30M |
| Selling, General and Administrative Expense | 674.00M | 670.00M | 671.20M | 970.60M | 849.70M | 542.50M |
| Operating Expenses | — | — | — | — | — | 763.10M |
| Operating Income (Loss) | 128.10M | 152.90M | 194.10M | 256.80M | 204.70M | -105.50M |
| Income Tax Expense (Benefit) | 48.80M | 18.10M | 30.00M | -16.00M | 28.60M | -600.00K |
| Net Income (Loss) Attributable to Parent | -409.30M | -1.45B | 95.00M | 157.90M | 322.00M | -126.90M |
| Earnings Per Share, Basic | $-2.23 | $-7.88 | $0.51 | $0.85 | $1.90 | $-1.35 |
| Weighted Average Number of Shares Outstanding, Basic | 183.70M | 183.70M | 185.00M | 184.90M | 169.10M | 94.20M |
| Earnings Per Share, Diluted | $-2.20 | $-7.23 | $0.50 | $0.82 | $1.82 | $-1.35 |
| Weighted Average Number of Shares Outstanding, Diluted | 185.70M | 199.30M | 201.10M | 201.30M | 176.90M | 94.20M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 903.20M | 445.00M | 393.50M | 180.20M | 352.20M | 366.10M |
| Assets, Current | 5.94B | 1.60B | 1.63B | 1.52B | 1.17B | 912.63M |
| Assets | 7.29B | 7.64B | 9.12B | 8.59B | 7.75B | 1.98B |
| Long-term Debt | 1.42B | 1.43B | 1.54B | 1.19B | 1.04B | 665.29M |
| Liabilities, Current | 4.37B | 825.90M | 947.60M | 1.18B | 866.00M | 391.27M |
| Long-term Debt, Excluding Current Maturities | 650.70M | 1.41B | 1.52B | 1.18B | 1.03B | 650.56M |
| Stockholders' Equity Attributable to Parent | 2.07B | 2.41B | 3.88B | 3.77B | 3.68B | 675.64M |
| Common Stock, Shares, Outstanding | — | — | — | — | 186.17M | 95.65M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 334.00M | 382.00M | 364.70M | -35.10M | 278.30M | 228.20M |
| Payments to Acquire Property, Plant, and Equipment | 31.80M | 48.70M | 50.00M | 532.30M | 322.30M | 39.20M |
| Net Cash Provided by (Used in) Investing Activities | 21.60M | -297.30M | -542.90M | -535.10M | -161.90M | -59.20M |
| Payments for Repurchase of Common Stock | 3.70M | 31.40M | 56.00M | 35.80M | 38.20M | 22.20M |
| Payments of Dividends | — | — | — | 0 | 0 | 1.90M |
| Net Cash Provided by (Used in) Financing Activities | 91.50M | -23.60M | 375.80M | 425.30M | -124.10M | 96.10M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -176.10M | 245.00M | 57.00M | -104.40M | -93.10M | 224.40M |
| EBITDA | 149.00M | -210.10M | 70.30M | 142.10M | 114.80M | -179.40M |
| Working Capital | 911.70M | 1.57B | 869.70M | 865.60M | 1.04B | 774.80M |
| Net Debt | 176.70M | 770.90M | 2.33B | 2.23B | 2.60B | 2.48B |
| Gross Margin | 47.52% | — | — | — | 45.04% | — |
| Operating Margin | 20.10% | -14.72% | 1.04% | 12.38% | 16.38% | -6.62% |
| Net Margin | 13.54% | -113.47% | -3.18% | 3.38% | 0.33% | -407.30% |
| Return on Equity (ROE) | 4.38% | -20.16% | -0.59% | 0.82% | 0.09% | -62.83% |
| Return on Assets (ROA) | 2.93% | -5.72% | -0.19% | 0.27% | 0.03% | -19.81% |
| Current Ratio | 2.28× | 1.36× | 1.87× | 1.85× | 2.12× | 1.94× |
| Debt-to-Equity | 0.32× | 0.81× | 1.29× | 1.17× | 1.20× | 1.21× |
| Effective Tax Rate | 30.39% | 51.56% | 34.08% | 40.47% | 30.02% | 59.77% |
| Cash Conversion Ratio | -1.82× | -0.15× | -18.37× | 2.05× | -40.57× | -0.03× |
| Accruals Ratio | 0.08× | -0.07× | -0.04× | -0.00× | 0.01× | -0.20× |
| SBC % of Revenue | 0.93% | 1.61% | 3.87% | 2.33% | 0.94% | -0.08% |
| CapEx Coverage | -23.80× | -0.35× | 1.27× | 0.29× | -10.78× | -0.24× |
| Free Cash Flow Per Share | $-0.87 | $1.32 | $0.31 | $-0.56 | $-0.47 | $1.13 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 18.25× | 25.14× | 27.74× | 23.68× | 22.77× | 19.96× |
| P/S | 1.22× | 1.05× | 0.86× | 0.73× | 0.59× | 0.70× |
| P/B | 1.22× | 1.05× | 0.71× | 0.60× | 0.51× | 0.61× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 687.50M | 367.50M | 462.60M | 600.40M | 629.60M | 371.40M |
| Cost of Goods and Services Sold | 360.80M | — | — | — | 346.00M | — |
| Gross Profit | 326.70M | — | — | — | 283.60M | — |
| Research and Development Expense | 15.20M | 4.30M | 20.10M | 19.80M | 15.90M | -8.10M |
| Selling, General and Administrative Expense | 173.30M | -36.30M | 210.60M | 241.80M | 164.60M | -113.10M |
| Operating Income (Loss) | 138.20M | -54.10M | 4.80M | 74.30M | 103.10M | -24.60M |
| Income Tax Expense (Benefit) | 32.70M | 33.10M | -7.60M | 13.80M | 27.20M | 42.20M |
| Net Income (Loss) Attributable to Parent | 93.10M | -417.00M | -14.70M | 20.30M | 2.10M | -1.51B |
| Earnings Per Share, Basic | $0.51 | $-2.27 | $-0.08 | $0.11 | $0.01 | $-8.23 |
| Weighted Average Number of Shares Outstanding, Basic | 183.70M | 183.70M | 183.90M | 183.80M | 183.40M | 183.70M |
| Earnings Per Share, Diluted | $0.47 | $-2.27 | $-0.08 | $0.11 | $0.02 | $-8.23 |
| Weighted Average Number of Shares Outstanding, Diluted | 202.70M | 185.70M | 183.90M | 185.10M | 198.20M | 199.30M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 499.50M | 903.20M | 865.60M | 683.50M | 317.00M | 445.00M |
| Assets, Current | 1.63B | 5.94B | 1.87B | 1.88B | 1.96B | 1.60B |
| Assets | 3.18B | 7.29B | 7.57B | 7.61B | 7.69B | 7.64B |
| Long-term Debt | 427.30M | 1.42B | 1.46B | 1.47B | 1.47B | 1.43B |
| Liabilities, Current | 713.60M | 4.37B | 998.70M | 1.02B | 928.60M | 825.90M |
| Long-term Debt, Excluding Current Maturities | 152.90M | 650.70M | 1.19B | 1.20B | 1.46B | 1.41B |
| Stockholders' Equity Attributable to Parent | 2.12B | 2.07B | 2.48B | 2.49B | 2.43B | 2.41B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -169.00M | 63.90M | 270.10M | 41.70M | -85.20M | 43.30M |
| Payments to Acquire Property, Plant, and Equipment | 7.00M | -178.80M | 210.60M | 144.30M | 7.80M | -178.40M |
| Net Cash Provided by (Used in) Investing Activities | 811.80M | -51.80M | 73.40M | 140.30M | -70.00M | -42.70M |
| Payments for Repurchase of Common Stock | 42.00M | 300.00K | 3.40M | 3.30M | 3.30M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -1.05B | 26.10M | 65.40M | 43.80M | 25.10M | 10.80M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CALY CIK 0000837465),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.