Topgolf Callaway Brands Corp. (MODG) Earnings History
Annual and quarterly earnings data from 1991 to 2024
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MODG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MODG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 62.5% | -29.7% | -34.1% |
| 2023 | 61.9% | 5.5% | 2.2% |
| 2022 | 60.3% | 6.4% | 4.0% |
| 2021 | 59.5% | 6.5% | 10.3% |
| 2020 | 41.4% | -6.6% | -8.0% |
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Topgolf Callaway Brands Corp. (MODG) Earnings Overview
As of May 8, 2026, Topgolf Callaway Brands Corp. (MODG) reported trailing twelve-month net income of -$1.50B, reflecting -1776.6% year-over-year growth. The company earned $-8.18 per diluted share over the past four quarters, with a net profit margin of -34.1%.
Looking at the long-term picture, MODG's historical earnings data spans multiple years. The company achieved its highest annual net income of $322M in fiscal 2021.
Topgolf Callaway Brands Corp. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including GOLF ($171M net income, 7.4% margin), DKS ($849M net income, 4933.1% margin), SHAK ($41M net income, 3.2% margin), MODG has room to improve margins relative to the peer group. Compare MODG vs GOLF →
MODG Earnings vs Peers
Earnings metrics vs comparable public companies
MODG Historical Earnings Data (1991–2024)
34 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | -$1.45B | -1623.9% | -$1.26B | $-7.88 | -34.1% | -29.7% |
| 2023 | $95M | -39.8% | $238M | $0.47 | 2.2% | 5.5% |
| 2022 | $158M | -51.0% | $257M | $0.78 | 4.0% | 6.4% |
| 2021 | $322M | +353.7% | $205M | $1.82 | 10.3% | 6.5% |
| 2020 | -$127M | -259.8% | -$106M | $-1.35 | -8.0% | -6.6% |
| 2019 | $79M | -24.2% | $133M | $0.82 | 4.7% | 7.8% |
| 2018 | $105M | +156.7% | $128M | $1.08 | 8.4% | 10.3% |
| 2017 | $41M | -78.5% | $79M | $0.42 | 3.9% | 7.5% |
| 2016 | $190M | +1203.5% | $44M | $1.98 | 21.8% | 5.1% |
| 2015 | $15M | -9.0% | $27M | $0.17 | 1.7% | 3.2% |
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Start ComparisonMODG — Frequently Asked Questions
Quick answers to the most common questions about buying MODG stock.
Is MODG growing earnings?
MODG EPS fell to $-8.18, with earnings declining -1776.6%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-1.5B.
What are MODG's profit margins?
Topgolf Callaway Brands Corp. net margin is -34.1%, with operating margin at -29.7%. Below-average margins reflect competitive or cost pressures.
How consistent are MODG's earnings?
MODG earnings data spans 1991-2024. The declining earnings trend is -1776.6% YoY. Historical data enables comparison across business cycles.