Acushnet Holdings Corp. (GOLF)

Acushnet Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,403	2,382	2,270	2,148	1,612	1,681
Revenue Growth (YoY)	2.24%	4.92%	5.70%	33.23%	-4.12%	2.92%
Cost of Revenue	1,138	1,129	1,091	1,029	782.33	809.12
Gross Profit	1,265	1,253	1,179	1,118	829.84	872.24
Selling, General & Admin	902.2	888.15	833.42	795.42	610.6	627.5
Research & Development	66.75	64.84	56.39	55.34	48.94	51.6
Other Operating Expenses	16.14	16.64	16.71	12.15	41.61	8.35
Operating Expenses	985.09	969.62	906.53	862.91	701.16	687.46
Operating Income	279.69	282.89	272.7	255.53	128.68	184.78
Interest Expense / Income	44.47	41.29	13.27	7.71	15.63	19.61
Other Expense / Income	-3.37	0.18	5.81	5.37	4.01	3.5
Pretax Income	238.59	241.42	253.63	242.46	109.04	161.67
Income Tax	45.68	42.99	54.35	63.58	13.04	40.6
Net Income	192.92	198.43	199.28	178.87	96.01	121.07
Net Income Growth	-8.79%	-0.43%	11.41%	86.31%	-20.70%	21.23%
Shares Outstanding (Basic)	65	67	72	75	74	75
Shares Outstanding (Diluted)	65	68	73	75	75	76
Shares Change	-5.47%	-6.95%	-3.59%	0.27%	-0.92%	0.38%
EPS (Basic)	2.95	2.96	2.77	2.40	1.29	1.61
EPS (Diluted)	2.93	2.94	2.75	2.38	1.28	1.60
EPS Growth	-2.98%	6.91%	15.55%	85.94%	-20.00%	21.21%
Free Cash Flow	277.79	296.46	-129.15	276.53	239.75	101.33
Free Cash Flow Per Share	4.30	4.42	-1.79	3.71	3.22	1.34
Dividend Per Share	0.800	0.780	0.720	0.660	0.620	0.560
Dividend Growth	8.84%	8.33%	9.09%	6.45%	10.71%	7.69%
Gross Margin	52.63%	52.58%	51.94%	52.07%	51.47%	51.88%
Operating Margin	11.64%	11.88%	12.01%	11.90%	7.98%	10.99%
Profit Margin	8.03%	8.33%	8.78%	8.33%	5.96%	7.20%
Free Cash Flow Margin	11.56%	12.45%	-5.69%	12.87%	14.87%	6.03%
Effective Tax Rate	19.14%	17.81%	21.43%	26.22%	11.96%	25.11%
EBITDA	335.57	334.07	308.6	291.41	170.1	224.29
EBITDA Margin	13.96%	14.02%	13.59%	13.57%	10.55%	13.34%
Depreciation & Amortization	52.51	51.36	41.71	41.24	45.43	43
EBIT	283.06	282.71	266.9	250.17	124.67	181.28
EBIT Margin	11.78%	11.87%	11.76%	11.65%	7.73%	10.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).