Callaway Golf Company (CALY)
NYSE: CALY · Real-Time Price · USD
17.10
+0.52 (3.14%)
Nov 13, 2026, 4:00 PM EST - Market closed
Callaway Golf Company Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -203 | -409.3 | -1,448 | 95 | 157.9 | 322 |
Depreciation & Amortization | 43.9 | 46.7 | 44.7 | 46 | 199.2 | 155.8 |
Other Amortization | 6 | 6 | 5.7 | 5.8 | 9.8 | 19.3 |
Loss (Gain) From Sale of Assets | 1.2 | 1.2 | 3.3 | 10.5 | - | - |
Asset Writedown & Restructuring Costs | 2.1 | 2.1 | 0.9 | - | 5.5 | - |
Loss (Gain) From Sale of Investments | -20 | - | - | - | - | -252.5 |
Stock-Based Compensation | 24.6 | 23.8 | 27.6 | 33.3 | 47 | 38.7 |
Other Operating Activities | 405.4 | 465.4 | 1,533 | 7.1 | -9 | 4.5 |
Change in Accounts Receivable | 21.9 | 23.5 | 16 | -46.4 | -75.6 | 38.2 |
Change in Inventory | -8 | 9.2 | -34.1 | 153.8 | -442.4 | -177.5 |
Change in Accounts Payable | 2.7 | 14.6 | 19.7 | -66.7 | 110.4 | 96.8 |
Change in Unearned Revenue | -0.6 | 5.7 | 3.3 | 3.2 | 0.8 | 24.9 |
Change in Income Taxes | 14.4 | 3.5 | -1.7 | 2.8 | -11.4 | 8.8 |
Change in Other Net Operating Assets | -2.9 | 27.3 | -4 | -19.5 | -27.3 | -0.7 |
Operating Cash Flow | 336.3 | 334 | 382 | 364.7 | -35.1 | 278.3 |
Operating Cash Flow Growth | 7.31% | -12.57% | 4.74% | - | - | 21.95% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -38.4 | -31.8 | -48.7 | -50 | -532.3 | -322.3 |
Cash Acquisitions | - | - | - | - | - | 171.3 |
Divestitures | 820.1 | 286 | - | - | 0.4 | - |
Sale (Purchase) of Intangibles | 0.6 | -0.1 | -1.9 | - | -3.2 | - |
Investment in Securities | 30.5 | -1.1 | -2.2 | -2.5 | - | -10.9 |
Other Investing Activities | -43.5 | -231.4 | -244.5 | -490.4 | - | - |
Investing Cash Flow | 769.3 | 21.6 | -297.3 | -542.9 | -535.1 | -161.9 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 19.9 | - | - | 213 | - |
Long-Term Debt Issued | - | - | - | 1,225 | 352.5 | 115.4 |
Total Debt Issued | - | 19.9 | - | 1,225 | 565.5 | 115.4 |
Short-Term Debt Repaid | - | - | - | -142.6 | - | -13.1 |
Long-Term Debt Repaid | - | -18.2 | -70.5 | -450.6 | -99.3 | -201.5 |
Total Debt Repaid | -1,434 | -18.2 | -70.5 | -593.2 | -99.3 | -214.6 |
Net Debt Issued (Repaid) | -1,434 | 1.7 | -70.5 | 631.6 | 466.2 | -99.2 |
Issuance of Common Stock | - | 0.1 | 0.1 | 4.2 | 0.7 | 22.3 |
Repurchase of Common Stock | -135.5 | -3.7 | -31.4 | -56 | -35.8 | -38.2 |
Other Financing Activities | 30.7 | 93.4 | 78.2 | -204 | -5.8 | -9 |
Financing Cash Flow | -1,539 | 91.5 | -23.6 | 375.8 | 425.3 | -124.1 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.9 | 6.1 | -9.6 | -2.2 | -9.4 | -0.7 |
Net Cash Flow | -432.2 | 453.2 | 51.5 | 195.4 | -154.3 | -8.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 297.9 | 302.2 | 333.3 | 314.7 | -567.4 | -44 |
Free Cash Flow Growth | -36.47% | -9.33% | 5.91% | - | - | - |
Free Cash Flow Margin | 14.16% | 14.67% | 16.04% | 14.76% | -14.20% | -1.40% |
Free Cash Flow Per Share | 1.64 | 1.63 | 1.67 | 1.56 | -2.82 | -0.25 |
Levered Free Cash Flow | 55.59 | -1,020 | 142.75 | 138.66 | -624.53 | 116.4 |
Unlevered Free Cash Flow | 65.03 | -987.9 | 176.43 | 177.05 | -542.26 | 172.04 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 68.2 | 200.1 | 198.7 | 184.7 | 111.1 | 88.6 |
Cash Income Tax Paid | 15.3 | 22.9 | 20.9 | 21.5 | 28.1 | 9.4 |
Change in Working Capital | 27.5 | 83.8 | -0.8 | 27.2 | -445.5 | -9.5 |