Callaway Golf Company (CALY)

NYSE: CALY · Real-Time Price · USD

15.92

-0.68 (-4.10%)

At close: Nov 5, 2026, 4:00 PM EST

17.50

+1.58 (9.92%)

After-hours: Nov 5, 2026, 7:59 PM EST

Callaway Golf Company Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

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
Revenue	2,104	2,060	2,078	2,133	3,996	3,133
Revenue Growth	127.03%	-0.85%	-2.58%	-46.63%	27.52%	97.13%
Gross Profit	996.4	867.6	887	927.1	1,340	1,132
Operating Income	249.1	133.6	153.8	196.4	262.3	204.7
Net Income	-203	-409.3	-1,448	95	157.9	322
Earnings Per Share	-1.13	-2.20	-7.23	0.50	0.82	1.82
EPS Growth	-	-	-	-38.16%	-55.15%	-

Revenue by Segment

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
Golf Clubs	1,077	1,053	1,061	1,074	1,097	994.5
Golf Balls	335.4	322.2	321.1	314	309.5	234.7
Apparel	407.1	398.8	405.6	-	-	-
Gear, Accessories & Other	285.1	286.2	289.4	-	-	-
Revenue (Total)	2,104	2,060	2,078	2,133	3,996	3,133

Cash & Debt

Fiscal Year	Current	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 & Investments	433.5	903.2	445	393.5	184.6	352.2
Total Debt	243	1,674	1,638	4,382	3,811	3,116
Net Cash (Debt)	190.5	-770.9	-1,193	-3,988	-3,627	-2,764
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	1.05	-4.15	-5.98	-19.83	-18.02	-15.62

Cash Flow & CapEx

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
Operating Cash Flow	336.3	334	382	364.7	-35.1	278.3
Capital Expenditures	-38.4	-31.8	-48.7	-50	-532.3	-322.3
Free Cash Flow	297.9	302.2	333.3	314.7	-567.4	-44
Free Cash Flow Growth	-27.23%	-9.33%	5.91%	-	-	-

Margins

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
Gross Margin	47.36%	42.11%	42.69%	43.47%	33.53%	36.12%
Operating Margin	11.84%	6.49%	7.40%	9.21%	6.57%	6.53%
Pretax Margin	9.78%	4.25%	5.37%	6.07%	3.55%	11.19%
Profit Margin	-9.65%	-19.87%	-69.68%	4.45%	3.95%	10.28%
FCF Margin	14.16%	14.67%	16.04%	14.76%	-14.20%	-1.40%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 6, 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
PE Ratio	-	-	-	27.85	23.12	15.85
Forward PE	17.73	72.15	60.28	41.89	23.27	40.70
P/FCF Ratio	9.54	7.10	4.34	8.41	-	-
PS Ratio	1.35	1.04	0.70	1.24	0.91	1.63