Acushnet Holdings Corp. (GOLF) Financial Ratios
12 years of historical data (2014–2025) · Consumer Cyclical · Leisure
EV/EBITDA
↑
17.28
↑+23% vs avg
5yr avg: 14.03
30Y Low8.8·High16.9
P/FCF
↑
41.93
↑+74% vs avg
5yr avg: 24.13
30Y Low12.0·High39.8
P/B Ratio
↑
6.55
↑+41% vs avg
5yr avg: 4.65
30Y Low1.6·High6.1
ROE
↑
23.8%
↓+12% vs avg
5yr avg: 21.2%
30Y Low-0%·High25%
Debt/EBITDA
↑
3.06
↑+52% vs avg
5yr avg: 2.01
30Y Low1.0·High6.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GOLF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Acushnet Holdings Corp. trades at 27.7x earnings, 31% above its 5-year average of 21.2x, sitting at the 80th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.6x, the stock trades at a premium of 42%. On a free-cash-flow basis, the stock trades at 41.9x P/FCF, 74% above the 5-year average of 24.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.0B | $4.8B | $4.5B | $4.3B | $3.1B | $4.0B | $3.0B | $2.5B | $1.6B | $1.6B | $1.3B |
| Enterprise Value | $6.1B | $5.8B | $5.2B | $4.9B | $3.6B | $4.0B | $3.2B | $2.8B | $1.9B | $2.0B | $1.6B |
| P/E Ratio → | 27.73 | 25.75 | 21.09 | 21.49 | 15.44 | 22.30 | 31.67 | 20.31 | 15.72 | 15.97 | 31.79 |
| P/S Ratio | 1.97 | 1.87 | 1.84 | 1.79 | 1.36 | 1.86 | 1.89 | 1.46 | 0.96 | 1.01 | 0.81 |
| P/B Ratio | 6.55 | 6.08 | 5.68 | 4.67 | 3.13 | 3.69 | 2.99 | 2.59 | 1.70 | 1.86 | 1.65 |
| P/FCF | 41.93 | 39.81 | 26.54 | 15.72 | — | 14.45 | 12.69 | 24.30 | 12.03 | — | 14.74 |
| P/OCF | 25.89 | 24.58 | 18.46 | 11.47 | — | 12.72 | 11.51 | 18.34 | 9.62 | — | 12.05 |
P/E links to full P/E history page with 30-year chart
GOLF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Acushnet Holdings Corp.'s enterprise value stands at 17.3x EBITDA, 23% above its 5-year average of 14.0x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 52% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.27 | 2.13 | 2.06 | 1.58 | 1.88 | 2.00 | 1.68 | 1.18 | 1.27 | 1.02 |
| EV / EBITDA | 17.28 | 16.55 | 14.54 | 14.56 | 11.11 | 13.38 | 16.90 | 12.38 | 9.06 | 9.60 | 8.81 |
| EV / EBIT | 20.52 | 19.65 | 17.20 | 17.18 | 13.13 | 15.83 | 25.63 | 15.33 | 11.37 | 11.80 | 11.40 |
| EV / FCF | — | 48.33 | 30.71 | 18.07 | — | 14.57 | 13.45 | 27.93 | 14.72 | — | 18.62 |
GOLF Profitability
Margins and return-on-capital ratios measuring operating efficiency
Acushnet Holdings Corp. earns an operating margin of 11.5%, above the Consumer Cyclical sector average of 2.9%. ROE of 23.8% indicates solid capital efficiency, compared to the sector median of 5.6%. ROIC of 13.3% represents solid returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.3% | 47.3% | 48.3% | 52.6% | 51.9% | 52.1% | 51.5% | 51.9% | 51.6% | 51.3% | 50.8% |
| Operating Margin | 11.5% | 11.5% | 12.4% | 12.0% | 12.4% | 12.1% | 9.0% | 11.0% | 10.5% | 10.7% | 9.0% |
| Net Profit Margin | 7.4% | 7.4% | 8.7% | 8.3% | 8.8% | 8.3% | 6.0% | 7.2% | 6.1% | 5.9% | 2.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 23.8% | 23.8% | 25.1% | 20.9% | 19.3% | 17.0% | 9.8% | 12.9% | 11.3% | 11.4% | 8.2% |
| ROA | 8.3% | 8.3% | 9.8% | 9.0% | 9.5% | 9.2% | 5.2% | 6.9% | 5.8% | 5.3% | 2.6% |
| ROIC | 13.3% | 13.3% | 14.9% | 14.1% | 16.2% | 16.8% | 8.7% | 10.7% | 10.2% | 10.5% | 9.6% |
| ROCE | 16.3% | 16.3% | 17.6% | 16.8% | 17.8% | 17.1% | 9.8% | 13.0% | 12.2% | 12.3% | 12.4% |
GOLF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Acushnet Holdings Corp. carries a Debt/EBITDA ratio of 3.1x, which is moderately leveraged (30% below the sector average of 4.4x). Net debt stands at $1.0B ($1.1B total debt minus $50M cash). Interest coverage of 5.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.37 | 1.37 | 0.96 | 0.77 | 0.58 | 0.29 | 0.33 | 0.42 | 0.41 | 0.55 | 0.53 |
| Debt / EBITDA | 3.06 | 3.06 | 2.12 | 2.08 | 1.76 | 1.05 | 1.75 | 1.76 | 1.80 | 2.24 | 2.25 |
| Net Debt / Equity | — | 1.30 | 0.89 | 0.70 | 0.52 | 0.03 | 0.18 | 0.39 | 0.38 | 0.49 | 0.43 |
| Net Debt / EBITDA | 2.92 | 2.92 | 1.97 | 1.89 | 1.57 | 0.11 | 0.96 | 1.61 | 1.66 | 2.01 | 1.84 |
| Debt / FCF | — | 8.52 | 4.17 | 2.34 | — | 0.12 | 0.76 | 3.63 | 2.69 | — | 3.88 |
| Interest Coverage | 4.97 | 4.97 | 5.56 | 6.54 | 19.52 | 37.82 | 9.83 | 9.48 | 8.84 | 9.97 | 2.74 |
GOLF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Acushnet Holdings Corp.'s current ratio of 2.38x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 0.97x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.21x to 2.38x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.38 | 2.38 | 2.06 | 2.21 | 1.93 | 2.01 | 2.24 | 2.07 | 2.25 | 2.24 | 1.44 |
| Quick Ratio | 0.97 | 0.97 | 0.84 | 0.84 | 0.70 | 1.15 | 1.24 | 0.96 | 1.03 | 1.05 | 0.74 |
| Cash Ratio | 0.12 | 0.12 | 0.11 | 0.15 | 0.11 | 0.58 | 0.42 | 0.10 | 0.11 | 0.16 | 0.16 |
| Asset Turnover | — | 1.09 | 1.13 | 1.08 | 1.03 | 1.07 | 0.86 | 0.93 | 0.97 | 0.90 | 0.91 |
| Inventory Turnover | 2.22 | 2.22 | 2.20 | 1.83 | 1.62 | 2.49 | 2.19 | 2.03 | 2.19 | 2.09 | 2.39 |
| Days Sales Outstanding | — | 31.02 | 32.44 | 30.85 | 34.84 | 29.64 | 45.62 | 46.77 | 41.58 | 44.65 | 41.21 |
GOLF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Acushnet Holdings Corp. returns 5.3% to shareholders annually — split between a 1.1% dividend yield and 4.2% buyback yield. The payout ratio of 29.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.2% | 1.2% | 1.2% | 1.7% | 1.2% | 1.5% | 1.8% | 2.5% | 2.3% | 1.4% |
| Payout Ratio | 29.8% | 29.8% | 25.3% | 26.4% | 26.2% | 27.5% | 48.0% | 35.9% | 39.1% | 38.8% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.6% | 3.9% | 4.7% | 4.7% | 6.5% | 4.5% | 3.2% | 4.9% | 6.4% | 6.3% | 3.1% |
| FCF Yield | 2.4% | 2.5% | 3.8% | 6.4% | — | 6.9% | 7.9% | 4.1% | 8.3% | — | 6.8% |
| Buyback Yield | 4.2% | 4.4% | 3.8% | 7.8% | 6.1% | 1.6% | 0.2% | 1.2% | 0.2% | 0.1% | 0.0% |
| Total Shareholder Yield | 5.3% | 5.6% | 5.0% | 9.1% | 7.8% | 2.9% | 1.7% | 3.0% | 2.6% | 2.3% | 1.4% |
| Shares Outstanding | — | $60M | $64M | $68M | $73M | $75M | $75M | $76M | $75M | $75M | $64M |
Peer Comparison
Compare GOLF with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GOLFYou | $5B | 27.7 | 17.3 | 41.9 | 47.3% | 11.5% | 23.8% | 13.3% | 3.1 |
 DKS | $21B | 22.7 | 12.9 | 0.1 | 32.9% | 7.7% | 30.6% | 0.0% | 2.5 |
 MODG | $2B | -1.6 | — | 26.7 | 62.5% | -29.7% | -46.1% | -13.8% | — |
 NKE | $52B | 20.3 | 12.4 | 16.0 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 |
 UA | $1B | -13.3 | — | — | 47.9% | -3.6% | -10.0% | -5.1% | — |
 FTDR | $5B | 19.3 | 10.8 | 11.9 | 55.3% | 19.1% | 106.0% | 31.2% | 2.5 |
 PVH | $4B | 8.7 | 6.8 | 7.2 | 59.4% | 8.5% | 11.7% | 7.0% | 3.3 |
 CGON | $6B | -32.7 | — | — | -15.0% | -4722.1% | -21.7% | -23.8% | — |
 PRKS | $2B | 11.7 | 3.4 | 7.4 | 92.3% | 22.0% | — | 25.5% | — |
 PLNT | $5B | 32.0 | 15.7 | 28.1 | 52.0% | 27.4% | — | 12.0% | 5.3 |
 SBH | $1B | 7.4 | 6.5 | 7.9 | 51.6% | 8.9% | 27.5% | 11.4% | 3.7 |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 15.0 | 36.9% | 2.9% | 5.6% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
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Start ComparisonGOLF — Frequently Asked Questions
Quick answers to the most common questions about buying GOLF stock.
What is Acushnet Holdings Corp.'s P/E ratio?
Acushnet Holdings Corp.'s current P/E ratio is 27.7x. The historical average is 22.2x. This places it at the 80th percentile of its historical range.
What is Acushnet Holdings Corp.'s EV/EBITDA?
Acushnet Holdings Corp.'s current EV/EBITDA is 17.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.7x.
What is Acushnet Holdings Corp.'s ROE?
Acushnet Holdings Corp.'s return on equity (ROE) is 23.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 13.8%.
Is GOLF stock overvalued?
Based on historical data, Acushnet Holdings Corp. is trading at a P/E of 27.7x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Acushnet Holdings Corp.'s dividend yield?
Acushnet Holdings Corp.'s current dividend yield is 1.09% with a payout ratio of 29.8%.
What are Acushnet Holdings Corp.'s profit margins?
Acushnet Holdings Corp. has 47.3% gross margin and 11.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Acushnet Holdings Corp. have?
Acushnet Holdings Corp.'s Debt/EBITDA ratio is 3.1x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.