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Topgolf Callaway Brands Corp.(MODG)Earnings, Financials & Key Ratios
MODG•NYSE
Price updated May 1, 2026
AboutTopgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand. This segment also provides storage gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, on-line retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites in the United States and approximately 120 countries. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.Show more
- Revenue$4.24B-1.1%
- EBITDA-$989M-307.1%
- Net Income-$1.45B-1623.9%
- EPS (Diluted)-7.88-1776.6%
- Gross Margin62.53%+1.0%
- EBITDA Margin-23.32%-309.3%
- Operating Margin-29.66%-634.6%
- Net Margin-34.15%-1640.3%
- ROE-46.06%-1955.2%
MODG Key Insights
Topgolf Callaway Brands Corp. (MODG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 20.0%
- ✓Share count reduced 8.7% through buybacks
- ✓Trading at only 1.0x book value
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MODG Price & Volume
Topgolf Callaway Brands Corp. (MODG) stock price & volume — 10-year historical chart
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MODG Growth Metrics
Topgolf Callaway Brands Corp. (MODG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.93%
5 Years20.04%
3 Years10.6%
TTM-3.58%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-12338.02%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-9603.79%
Return on Capital
10 Years4.44%
5 Years-2.46%
3 Years-3.38%
Last Year-16.78%
MODG Recent Earnings
Topgolf Callaway Brands Corp. (MODG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 23, 2026Metric
Actual
Est
EPS
$0.33+22.2%
$0.42
Rev
$368M-53.3%
$787M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.05+76.2%
$0.21
Rev
$934M+18.8%
$786M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.24+700.0%
$0.03
Rev
$1.1B+22.8%
$904M
Q2 2025
May 12, 2025Metric
Actual
Est
EPS
$0.11+375.0%
$0.04
Rev
$1.1B+1.4%
$1.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 23, 2026 | $0.33vs $0.42+22.2% | $368Mvs $787M-53.3% |
| Q4 2025 | Nov 6, 2025 | $0.05vs $0.21+76.2% | $934Mvs $786M+18.8% |
| Q3 2025 | Aug 6, 2025 | $0.24vs $0.03+700.0% | $1.1Bvs $904M+22.8% |
| Q2 2025 | May 12, 2025 | $0.11vs $0.04+375.0% | $1.1Bvs $1.1B+1.4% |
Based on last 12 quarters of dataView full earnings history →
MODG Peer Comparison
Topgolf Callaway Brands Corp. (MODG) competitors in Golf Courses, Clubs and Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GOLF | 6.31B | 107.73 | 34.75 | 4.14% | 6.54% | 20.79% | 1.37 | |
 DKS | 19.9B | 232.96 | 23.37 | 28.06% | 4.71% | 18.08% | 1.40 | |
 SHAK | 2.38B | 59.08 | 54.20 | 15.38% | 2.76% | 7.62% | 1.63 | |
 PLNT | 4.21B | 52.98 | 20.22 | 12.06% | 16.52% | |||
 NKE | 53.83B | 45.20 | 20.93 | -9.84% | 5.43% | 17.92% | 0.83 | |
 UA | 2.5B | 5.87 | -5.06 | -3.86% | -9.94% | -30.13% | 1.37 | |
 EXP | 6.95B | 224.58 | 17.12 | 2.13% | 18.36% | 28.27% | 1.22 | |
 WMS | 11.27B | 147.12 | 27.04 | 5.03% | 13.98% | 22.18% | 0.91 |
Compare MODG vs Peers
Topgolf Callaway Brands Corp. (MODG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MODG Income Statement
Topgolf Callaway Brands Corp. (MODG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 871.19M | 1.05B | 1.24B | 1.7B | 1.59B | 3.13B | 4B | 4.28B | 4.24B | 4.06B |
Revenue Growth % | 3.25% | 20.38% | 18.51% | 36.87% | -6.56% | 97.13% | 27.52% | 7.24% | -1.06% | -3.58% |
Cost of Goods Sold | 486.18M | 568.29M | 664.47M | 934.28M | 931.9M | 1.27B | 1.58B | 1.63B | 1.59B | 1.44B |
COGS % of Revenue | 55.81% | 54.19% | 53.46% | 54.92% | 58.63% | 40.53% | 39.66% | 38.06% | 37.47% | - |
Gross Profit | 385.01M▲ 0% | 480.45M▲ 24.8% | 578.37M▲ 20.4% | 766.79M▲ 32.6% | 657.6M▼ 14.2% | 1.86B▲ 183.3% | 2.41B▲ 29.4% | 2.65B▲ 10.1% | 2.65B▼ 0.1% | 2.62B▲ 0% |
Gross Margin % | 44.19% | 45.81% | 46.54% | 45.08% | 41.37% | 59.47% | 60.34% | 61.94% | 62.53% | 64.55% |
Gross Profit Growth % | 7.66% | 24.79% | 20.38% | 32.58% | -14.24% | 183.35% | 29.4% | 10.08% | -0.12% | - |
Operating Expenses | 340.84M | 401.61M | 449.93M | 634.12M | 763.1M | 1.66B | 2.15B | 2.42B | 3.91B | 3.88B |
OpEx % of Revenue | 39.12% | 38.29% | 36.2% | 37.28% | 48.01% | 52.93% | 53.92% | 56.39% | 92.19% | - |
Selling, General & Admin | 307.52M | 365.04M | 409.18M | 557.14M | 542.5M | 849.7M | 970.6M | 1.04B | 1.05B | 972.9M |
SG&A % of Revenue | 35.3% | 34.81% | 32.92% | 32.75% | 34.13% | 27.12% | 24.29% | 24.19% | 24.67% | - |
Research & Development | 33.32M | 36.57M | 40.75M | 50.58M | 46.3M | 68M | 76.4M | 101.6M | 92.1M | 81.1M |
R&D % of Revenue | 3.82% | 3.49% | 3.28% | 2.97% | 2.91% | 2.17% | 1.91% | 2.37% | 2.17% | - |
Other Operating Expenses | 0 | 0 | 2.83M | 26.4M | 174.3M | 740.9M | 1.11B | 1.28B | 2.77B | 4M |
Operating Income | 44.17M▲ 0% | 78.84M▲ 78.5% | 128.44M▲ 62.9% | 132.67M▲ 3.3% | -105.5M▼ 179.5% | 204.7M▲ 294.0% | 256.8M▲ 25.5% | 237.7M▼ 7.4% | -1.26B▼ 628.9% | -1.26B▲ 0% |
Operating Margin % | 5.07% | 7.52% | 10.33% | 7.8% | -6.64% | 6.53% | 6.43% | 5.55% | -29.66% | -31.03% |
Operating Income Growth % | 63.93% | 78.49% | 62.92% | 3.29% | -179.52% | 294.03% | 25.45% | -7.44% | -628.9% | - |
EBITDA | 60.75M | 96.44M | 148.39M | 167.62M | -66M | 360.5M | 449.6M | 477.4M | -988.8M | -988.7M |
EBITDA Margin % | 6.97% | 9.2% | 11.94% | 9.85% | -4.15% | 11.51% | 11.25% | 11.14% | -23.32% | -24.34% |
EBITDA Growth % | 37.07% | 58.74% | 53.86% | 12.96% | -139.38% | 646.21% | 24.72% | 6.18% | -307.12% | -327.65% |
D&A (Non-Cash Add-back) | 16.59M | 17.61M | 19.95M | 34.95M | 39.5M | 155.8M | 192.8M | 239.7M | 268.4M | 271.5M |
EBIT | 44.17M | 78.84M | 132.1M | 134.26M | -80.6M | 466.2M | 284.7M | 245M | -1.24B | -1.26B |
Net Interest Income | -1.75M | -3.91M | -4.95M | -38.49M | -46.9M | -115.6M | -142.8M | -210.2M | -231.2M | -233.6M |
Interest Income | 621K | 454K | 594K | 807K | 492K | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 2.37M | 4.37M | 5.54M | 39.3M | 47.42M | 115.6M | 142.8M | 210.2M | 231.2M | 233.6M |
Other Income/Expense | 14.22M | -10.78M | 2.83M | -36.9M | -22M | 145.9M | -114.9M | -202.9M | -216M | -230.5M |
Pretax Income | 58.39M▲ 0% | 68.06M▲ 16.5% | 131.27M▲ 92.9% | 95.77M▼ 27.0% | -127.5M▼ 233.1% | 350.6M▲ 375.0% | 141.9M▼ 59.5% | 34.8M▼ 75.5% | -1.47B▼ 4333.3% | -1.49B▲ 0% |
Pretax Margin % | 6.7% | 6.49% | 10.56% | 5.63% | -8.02% | 11.19% | 3.55% | 0.81% | -34.75% | -36.71% |
Income Tax | -132.56M | 26.39M | 26.02M | 16.54M | -600K | 28.6M | -16M | -60.2M | -25.5M | 14.3M |
Effective Tax Rate % | -227.02% | 38.77% | 19.82% | 17.27% | 0.47% | 8.16% | -11.28% | -172.99% | 1.73% | -0.96% |
Net Income | 189.9M▲ 0% | 40.81M▼ 78.5% | 104.74M▲ 156.7% | 79.41M▼ 24.2% | -126.9M▼ 259.8% | 322M▲ 353.7% | 157.9M▼ 51.0% | 95M▼ 39.8% | -1.45B▼ 1623.9% | -1.5B▲ 0% |
Net Margin % | 21.8% | 3.89% | 8.43% | 4.67% | -7.98% | 10.28% | 3.95% | 2.22% | -34.15% | -37.06% |
Net Income Growth % | 1203.54% | -78.51% | 156.68% | -24.19% | -259.81% | 353.74% | -50.96% | -39.84% | -1623.89% | -12338.02% |
Net Income (Continuing) | 190.95M | 41.67M | 105.25M | 79.23M | -126.9M | 322M | 157.9M | 95M | -1.45B | -1.5B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 9.69M | 9.74M | 9.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.98▲ 0% | 0.42▼ 78.8% | 1.08▲ 157.1% | 0.82▼ 24.1% | -1.35▼ 264.6% | 1.82▲ 234.8% | 0.78▼ 57.1% | 0.47▼ 39.7% | -7.88▼ 1776.6% | -8.18▲ 0% |
EPS Growth % | 1064.71% | -78.79% | 157.14% | -24.07% | -264.63% | 234.81% | -57.14% | -39.74% | -1776.6% | -9603.79% |
EPS (Basic) | 2.02 | 0.43 | 1.11 | 0.84 | -1.35 | 1.90 | 0.85 | 0.51 | -7.88 | - |
Diluted Shares Outstanding | 95.84M | 96.58M | 97.15M | 96.29M | 94.2M | 176.93M | 201.3M | 201.1M | 183.7M | 183.9M |
Basic Shares Outstanding | 94.05M | 94.33M | 94.58M | 94.25M | 94.2M | 169.1M | 184.9M | 185M | 183.7M | 183.9M |
Dividend Payout Ratio | 1.98% | 9.25% | 3.62% | 4.76% | - | 0% | - | - | - | - |
MODG Balance Sheet
Topgolf Callaway Brands Corp. (MODG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 460.43M | 465.98M | 524.91M | 789.35M | 912.63M | 1.17B | 1.52B | 1.63B | 1.6B | 1.87B |
Cash & Short-Term Investments | 125.97M | 85.67M | 63.98M | 106.67M | 366.12M | 352.2M | 180.2M | 393.5M | 445M | 865.6M |
Cash Only | 125.97M | 85.67M | 63.98M | 106.67M | 366.12M | 352.2M | 180.2M | 393.5M | 445M | 865.6M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 127.86M | 94.72M | 71.37M | 150.37M | 139.11M | 156M | 246.7M | 336.4M | 282.6M | 304.1M |
Days Sales Outstanding | 53.57 | 32.97 | 20.96 | 32.27 | 31.94 | 18.17 | 22.54 | 28.66 | 24.33 | 33.89 |
Inventory | 189.4M | 262.49M | 338.06M | 456.64M | 352.54M | 533.5M | 959.2M | 794.4M | 757.3M | 568.7M |
Days Inventory Outstanding | 142.19 | 168.59 | 185.7 | 178.4 | 138.08 | 153.32 | 220.94 | 177.81 | 174.02 | 164.1 |
Other Current Assets | 17.19M | 23.1M | 51.49M | 75.67M | 32.02M | 69.8M | 75.7M | 48M | 54.1M | 59.1M |
Total Non-Current Assets | 340.86M | 525.17M | 528.04M | 1.17B | 1.07B | 6.58B | 7.07B | 7.46B | 6.04B | 5.7B |
Property, Plant & Equipment | 54.48M | 70.23M | 88.47M | 292.86M | 341.27M | 2.84B | 3.23B | 3.57B | 3.56B | 3.61B |
Fixed Asset Turnover | 15.99x | 14.93x | 14.05x | 5.81x | 4.66x | 1.10x | 1.24x | 1.20x | 1.19x | 1.15x |
Goodwill | 25.59M | 56.43M | 55.82M | 203.74M | 56.66M | 1.96B | 1.98B | 1.99B | 620.2M | 619.8M |
Intangible Assets | 88.73M | 225.76M | 224.69M | 493.42M | 484.34M | 1.53B | 1.5B | 1.48B | 1.37B | 1.25B |
Long-Term Investments | 49M | 70.5M | 72.24M | 90.13M | 111.44M | 39.25M | 0 | 0 | 0 | 171M |
Other Non-Current Assets | 8.35M | 10.87M | 11.74M | 17.09M | 14.53M | 218.25M | 355.4M | 431.7M | 484.4M | 172.4M |
Total Assets | 801.28M▲ 0% | 991.16M▲ 23.7% | 1.05B▲ 6.2% | 1.96B▲ 86.2% | 1.98B▲ 1.0% | 7.75B▲ 291.2% | 8.59B▲ 10.9% | 9.12B▲ 6.2% | 7.64B▼ 16.3% | 7.57B▲ 0% |
Asset Turnover | 1.09x | 1.06x | 1.18x | 0.87x | 0.80x | 0.40x | 0.47x | 0.47x | 0.56x | 0.53x |
Asset Growth % | 26.94% | 23.7% | 6.23% | 86.2% | 1.02% | 291.18% | 10.88% | 6.17% | -16.28% | -65.4% |
Total Current Liabilities | 186.85M | 314.37M | 303.24M | 523.25M | 391.27M | 866M | 1.18B | 947.6M | 825.9M | 998.7M |
Accounts Payable | 54.57M | 63.2M | 42.47M | 67.84M | 66.28M | 138.7M | 159.1M | 130.7M | 96.4M | 87.1M |
Days Payables Outstanding | 40.97 | 40.59 | 23.33 | 26.5 | 25.96 | 39.86 | 36.65 | 29.25 | 22.15 | 27.78 |
Short-Term Debt | 11.97M | 90.35M | 42.71M | 151.9M | 22.13M | 9.1M | 219.3M | 54.7M | 25.4M | 319.2M |
Deferred Revenue (Current) | -77.95M | 48.13M | 51.87M | 0 | 2.55M | 93.9M | 94.9M | 110.9M | 96M | 276.8M |
Other Current Liabilities | 30.27M | 120.64M | 47.99M | 46.89M | 29.87M | 199.5M | 205.6M | 215.1M | 163.9M | 132.2M |
Current Ratio | 2.46x | 1.48x | 1.73x | 1.51x | 2.33x | 1.35x | 1.29x | 1.72x | 1.94x | 1.87x |
Quick Ratio | 1.45x | 0.65x | 0.62x | 0.64x | 1.43x | 0.73x | 0.48x | 0.88x | 1.02x | 1.30x |
Cash Conversion Cycle | 154.79 | 160.96 | 183.33 | 184.16 | 144.07 | 131.63 | 206.83 | 177.21 | 176.2 | 170.21 |
Total Non-Current Liabilities | 5.83M | 17.41M | 15.4M | 669.95M | 913.68M | 3.2B | 3.64B | 4.29B | 4.4B | 4.1B |
Long-Term Debt | 0 | 9.45M | 7.22M | 443.26M | 650.56M | 1.49B | 1.83B | 2.5B | 2.65B | 1.19B |
Capital Lease Obligations | 0 | 9.54M | 0 | 137.7M | 178M | 1.39B | 1.44B | 1.43B | 1.38B | 6.88B |
Deferred Tax Liabilities | 1.6M | 1.82M | 1.8M | 73.48M | 58.63M | 163.6M | 117.5M | 36.7M | 24.9M | 31.5M |
Other Non-Current Liabilities | 4.23M | -3.41M | 6.38M | 15.51M | 26.5M | 164M | 250.6M | 326.5M | 347.8M | 35.8M |
Total Liabilities | 192.68M | 331.78M | 318.64M | 1.19B | 1.3B | 4.06B | 4.82B | 5.24B | 5.23B | 5.09B |
Total Debt | 11.97M | 87.75M | 40.3M | 759.27M | 880.27M | 2.95B | 3.57B | 4.07B | 4.14B | 4.45B |
Net Debt | -114.01M | 2.08M | -23.68M | 652.6M | 514.15M | 2.6B | 3.39B | 3.68B | 3.7B | 3.59B |
Debt / Equity | 0.02x | 0.13x | 0.05x | 0.99x | 1.30x | 0.80x | 0.95x | 1.05x | 1.72x | 1.80x |
Debt / EBITDA | 0.20x | 0.91x | 0.27x | 4.53x | - | 8.19x | 7.93x | 8.53x | - | -4.51x |
Net Debt / EBITDA | -1.88x | 0.02x | -0.16x | 3.89x | - | 7.21x | 7.53x | 7.71x | - | -3.63x |
Interest Coverage | 18.65x | 18.06x | 23.17x | 3.38x | -2.22x | 1.77x | 1.80x | 1.13x | -5.44x | -5.38x |
Total Equity | 608.6M▲ 0% | 659.38M▲ 8.3% | 734.31M▲ 11.4% | 767.35M▲ 4.5% | 675.64M▼ 12.0% | 3.68B▲ 445.1% | 3.77B▲ 2.5% | 3.88B▲ 2.8% | 2.41B▼ 37.9% | 2.48B▲ 0% |
Equity Growth % | 47.38% | 8.34% | 11.36% | 4.5% | -11.95% | 445.09% | 2.48% | 2.75% | -37.92% | -149.33% |
Book Value per Share | 6.35 | 6.83 | 7.56 | 7.97 | 7.17 | 20.82 | 18.75 | 19.28 | 13.11 | 13.46 |
Total Shareholders' Equity | 598.91M | 649.63M | 724.57M | 767.35M | 675.64M | 3.68B | 3.77B | 3.88B | 2.41B | 2.48B |
Common Stock | 942K | 950K | 956K | 956K | 956K | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M |
Retained Earnings | 287.13M | 324.08M | 413.8M | 489.38M | 360.23M | 682.2M | 852.5M | 947.5M | -500.2M | -492.5M |
Treasury Stock | -905K | -4.46M | -17.72M | -24.16M | -25.94M | -25.5M | -31.3M | -56.4M | -50.8M | -34.3M |
Accumulated OCI | -18.47M | -6.17M | -13.7M | -22.42M | -6.55M | -27.3M | -61.5M | -47.5M | -76M | -30.3M |
Minority Interest | 9.69M | 9.74M | 9.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MODG Cash Flow Statement
Topgolf Callaway Brands Corp. (MODG) cash flow — operating, investing & free cash flow history
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 77.71M | 117.7M | 92.28M | 86.55M | 228.24M | 278.26M | -35.1M | 364.7M | 382M | 313.4M |
Operating CF Margin % | 8.92% | 11.22% | 7.43% | 5.09% | 14.36% | 8.88% | -0.88% | 8.51% | 9.01% | - |
Operating CF Growth % | 154.11% | 51.46% | -21.59% | -6.21% | 163.71% | 21.92% | -112.61% | 1139.03% | 4.74% | -106.21% |
Net Income | 189.9M | 41.67M | 105.25M | 79.23M | -126.93M | 321.99M | 157.9M | 95M | -1.45B | -1.5B |
Depreciation & Amortization | 16.59M | 17.61M | 19.95M | 34.95M | 39.51M | 235.77M | 192.8M | 239.7M | 268.4M | 269.1M |
Stock-Based Compensation | 8.96M | 12.65M | 13.53M | 12.9M | 10.9M | 0 | 0 | 46.7M | 37M | 27M |
Deferred Taxes | -141.45M | 24.59M | 21.7M | -1.38M | -12.51M | 8.41M | -31M | -88.9M | -48.2M | -7.9M |
Other Non-Cash Items | -17.41M | 5.63M | -4.6M | 48.9M | 219.36M | -198.48M | 184.9M | 61.6M | 1.53B | 1.51B |
Working Capital Changes | 21.11M | 15.56M | -63.56M | -88.05M | 97.88M | -89.44M | -539.7M | 10.6M | 46.7M | 24.2M |
Change in Receivables | -16.96M | 51.62M | -2.11M | -44.48M | 9.95M | 38.19M | -97.8M | -43.7M | 6.6M | 52.7M |
Change in Inventory | 24.25M | -52.01M | -78.02M | -33.95M | 116.96M | -177.47M | -442.4M | 163.2M | 12.2M | 5.8M |
Change in Payables | 12.55M | 15.41M | 22.27M | 34.91M | -9.9M | 96.84M | 110.4M | -98.1M | -6.4M | -64.8M |
Cash from Investing | 8.95M | -230.59M | -38.52M | -535.67M | -59.21M | -161.86M | -535.1M | -542.9M | -297.3M | 30.7M |
Capital Expenditures | -16.15M | -26.2M | -36.83M | -54.7M | -39.26M | -322.27M | -535.5M | -482.8M | -298.6M | -279.8M |
CapEx % of Revenue | 1.85% | 2.5% | 2.96% | 3.22% | 2.47% | 10.29% | 13.4% | 11.27% | 7.04% | 6.89% |
Acquisitions | 21.98M | -204.98M | -1.74M | -481M | -20M | 20K | 0 | -60.6M | -300K | 289.7M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 3.12M | 587K | 43K | 38K | 49K | 171.29M | 0 | 3M | 1.6M | 23.3M |
Cash from Financing | -9.25M | 69.36M | -75.07M | 492.52M | 96.07M | -124.07M | 425.3M | 375.8M | -23.6M | 76.2M |
Debt Issued (Net) | -3M | 87.6M | -49.64M | 561.63M | 160.8M | -104.63M | 466M | 427.6M | 7.9M | 79.5M |
Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1.1M |
Dividends Paid | -3.76M | -3.77M | -3.79M | -3.78M | -1.89M | -3K | 0 | 0 | 0 | 0 |
Share Repurchases | -5.14M | -16.62M | -22.46M | -28.07M | -22.2M | -38.14M | -35.8M | -56M | -31.4M | -3.4M |
Other Financing | 2.66M | 2.14M | 815K | -37.26M | -40.6M | -3.58M | -5.6M | 0 | -100K | 100K |
Net Change in Cash | 76.17M▲ 0% | -40.3M▼ 152.9% | -21.69M▲ 46.2% | 42.69M▲ 296.8% | 259.45M▲ 507.8% | -12.73M▼ 104.9% | -154.09M▼ 1110.0% | 195M▲ 226.6% | 51.5M▼ 73.6% | 423M▲ 0% |
Free Cash Flow | 61.56M▲ 0% | 91.5M▲ 48.6% | 55.46M▼ 39.4% | 31.85M▼ 42.6% | 188.98M▲ 493.4% | -44.02M▼ 123.3% | -567.4M▼ 1189.0% | -117.3M▲ 79.3% | 86.6M▲ 173.8% | 34.5M▲ 0% |
FCF Margin % | 7.07% | 8.72% | 4.46% | 1.87% | 11.89% | -1.4% | -14.2% | -2.74% | 2.04% | 0.85% |
FCF Growth % | 279.71% | 48.63% | -39.39% | -42.57% | 493.37% | -123.29% | -1189.05% | 79.33% | 173.83% | -77.52% |
FCF per Share | 0.64 | 0.95 | 0.57 | 0.33 | 2.01 | -0.25 | -2.82 | -0.58 | 0.47 | 0.19 |
FCF Conversion (FCF/Net Income) | 0.41x | 2.88x | 0.88x | 1.09x | -1.80x | 0.86x | -0.22x | 3.84x | -0.26x | -0.02x |
Interest Paid | 1.63M | 4.59M | 4.99M | 32.88M | 34.4M | 0 | 0 | 0 | 198.7M | 102M |
Taxes Paid | 6.14M | 10.79M | 9.56M | 9.52M | 3.1M | 0 | 0 | 0 | 20.9M | 11.5M |
MODG Key Ratios
Topgolf Callaway Brands Corp. (MODG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 37.18% | 6.44% | 15.03% | 10.58% | -17.59% | 14.78% | 4.23% | 2.48% | -46.06% | -60.79% |
Return on Invested Capital (ROIC) | 7.59% | 10.23% | 14.04% | 9.34% | -6.06% | 4.11% | 2.86% | 2.42% | -13.8% | -17.27% |
Gross Margin | 44.19% | 45.81% | 46.54% | 45.08% | 41.37% | 59.47% | 60.34% | 61.94% | 62.53% | 64.55% |
Net Margin | 21.8% | 3.89% | 8.43% | 4.67% | -7.98% | 10.28% | 3.95% | 2.22% | -34.15% | -37.06% |
Debt / Equity | 0.02x | 0.13x | 0.05x | 0.99x | 1.30x | 0.80x | 0.95x | 1.05x | 1.72x | 1.80x |
Interest Coverage | 18.65x | 18.06x | 23.17x | 3.38x | -2.22x | 1.77x | 1.80x | 1.13x | -5.44x | -5.38x |
FCF Conversion | 0.41x | 2.88x | 0.88x | 1.09x | -1.80x | 0.86x | -0.22x | 3.84x | -0.26x | -0.02x |
Revenue Growth | 3.25% | 20.38% | 18.51% | 36.87% | -6.56% | 97.13% | 27.52% | 7.24% | -1.06% | -3.58% |
Related:MODG Dividend History·MODG Revenue History·MODG Price History·MODG P/E History·MODG Financial Ratios·MODG Institutional Holders
MODG SEC Filings & Documents
Topgolf Callaway Brands Corp. (MODG) SEC filings — annual & quarterly reports (10-K, 10-Q)
MODG Frequently Asked Questions
Topgolf Callaway Brands Corp. (MODG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Topgolf Callaway Brands Corp. (MODG) reported $4.06B in revenue for fiscal year 2024. This represents a 634% increase from $553.3M in 1995.
Topgolf Callaway Brands Corp. (MODG) saw revenue decline by 1.1% over the past year.
Topgolf Callaway Brands Corp. (MODG) reported a net loss of $1.50B for fiscal year 2024.
Dividend & Returns
Topgolf Callaway Brands Corp. (MODG) has a return on equity (ROE) of -46.1%. Negative ROE indicates the company is unprofitable.
Topgolf Callaway Brands Corp. (MODG) generated $34.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.