Acushnet (GOLF) Financials

$68.45 +0.13 (+0.19%)

Closing price 05/29/2025 03:59 PM Eastern

Extended Trading

$68.46 +0.00 (+0.01%)

As of 05/29/2025 04:04 PM Eastern

Annual Income Statements for Acushnet

This table shows Acushnet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	214	198	199	179	96	121	100	99	23	-16
Consolidated Net Income / (Loss)	202	199	205	184	100	125	103	103	50	4.16
Net Income / (Loss) Continuing Operations	202	199	205	184	100	125	103	103	50	4.16
Total Pre-Tax Income	250	242	259	248	113	165	150	152	89	32
Total Operating Income	304	285	282	260	145	186	172	170	143	118
Total Gross Profit	1,188	1,120	1,049	1,118	830	872	842	802	799	776
Total Revenue	2,457	2,382	2,270	2,148	1,612	1,681	1,634	1,560	1,572	1,503
Operating Revenue	2,457	2,382	2,270	2,148	1,612	1,681	1,634	1,560	1,572	1,503
Total Cost of Revenue	1,269	1,262	1,222	1,029	782	809	791	758	773	727
Operating Cost of Revenue	1,269	1,262	1,222	1,029	782	809	791	758	773	727
Total Operating Expenses	883	835	767	859	684	687	670	632	656	658
Selling, General & Admin Expense	802	756	703	795	611	628	612	578	600	604
Research & Development Expense	68	65	56	55	49	52	51	47	48	46
Amortization Expense	14	14	7.89	7.87	12	7.48	6.64	6.50	6.61	6.62
Total Other Income / (Expense), net	-55	-44	-22	-12	-32	-20	-22	-18	-53	-85
Interest & Investment Income	-53	-41	-13	-	-	-	-	-	-	-
Other Income / (Expense), net	-1.96	-2.42	-8.83	-4.28	-17	-0.88	-3.63	-2.44	-3.37	-25
Income Tax Expense	48	43	54	64	13	41	47	48	40	28
Net Income / (Loss) Attributable to Noncontrolling Interest	-12	0.18	5.81	5.37	4.01	3.50	3.20	4.51	15	5.12
Basic Earnings per Share	$3.38	$2.96	$2.77	$2.40	$1.29	$1.61	$1.34	$1.33	$0.74	($0.74)
Weighted Average Basic Shares Outstanding	63.35M	67.06M	71.96M	74.54M	74.49M	75.42M	74.77M	74.40M	31.25M	19.94M
Diluted Earnings per Share	$3.37	$2.94	$2.75	$2.38	$1.28	$1.60	$1.32	$1.32	$0.62	($0.74)
Weighted Average Diluted Shares Outstanding	63.65M	67.52M	72.56M	75.27M	75.06M	75.76M	75.47M	74.59M	64.32M	19.94M
Weighted Average Basic & Diluted Shares Outstanding	59.93M	63.49M	66.95M	72.38M	74.29M	74.38M	74.50M	1.10B	31.25M	19.94M
Cash Dividends to Common per Share	$0.86	$0.78	$0.72	$0.66	$0.62	$0.56	$0.52	$0.48	$0.00	$0.00

This table shows Acushnet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	99	-1.12	56	71	88	-27	57	75	93	-0.06	52
Consolidated Net Income / (Loss)	99	-8.16	55	70	85	-26	57	74	94	1.67	53
Net Income / (Loss) Continuing Operations	99	-8.16	55	70	85	-26	57	74	94	1.67	53
Total Pre-Tax Income	121	-18	68	91	108	-36	68	95	114	3.24	69
Total Operating Income	115	-5.21	82	106	121	-25	79	106	125	12	76
Total Gross Profit	337	101	337	372	378	77	309	369	366	93	295
Total Revenue	703	445	621	684	708	413	593	689	686	447	558
Operating Revenue	703	445	621	684	708	413	593	689	686	447	558
Total Cost of Revenue	366	345	283	312	330	336	285	321	321	354	263
Operating Cost of Revenue	366	345	283	312	330	336	285	321	321	354	263
Total Operating Expenses	223	106	255	266	257	102	230	262	241	81	219
Selling, General & Admin Expense	200	86	233	246	237	81	210	242	223	66	202
Research & Development Expense	19	16	19	16	16	18	16	17	15	14	15
Amortization Expense	3.50	3.50	3.50	3.51	3.51	3.51	3.51	3.51	3.69	2.02	1.95
Total Other Income / (Expense), net	6.05	-13	-14	-15	-13	-11	-10	-11	-11	-8.37	-6.89
Interest & Investment Income	-14	-	-13	-14	-	-	-9.39	-11	-	-	-
Other Income / (Expense), net	20	-0.67	-0.41	-0.54	-0.34	-0.41	-0.92	-0.43	-0.66	-3.00	-2.36
Income Tax Expense	22	-9.99	13	21	23	-9.73	11	21	21	1.57	16
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.35	-7.04	-0.95	-1.26	-3.20	0.39	-0.26	-0.29	0.34	1.73	1.49
Basic Earnings per Share	$1.62	$0.01	$0.89	$1.12	$1.36	($0.36)	$0.86	$1.09	$1.37	$0.04	$0.72
Weighted Average Basic Shares Outstanding	61.33M	63.35M	62.89M	63.94M	64.62M	67.06M	66.90M	68.34M	68.21M	71.96M	71.71M
Diluted Earnings per Share	$1.62	$0.02	$0.89	$1.11	$1.35	($0.36)	$0.85	$1.09	$1.36	$0.02	$0.72
Weighted Average Diluted Shares Outstanding	61.48M	63.65M	63.17M	64.16M	64.89M	67.52M	67.34M	68.65M	68.65M	72.56M	72.33M
Weighted Average Basic & Diluted Shares Outstanding	58.77M	59.93M	60.80M	61.81M	63.07M	63.49M	65.38M	66.54M	67.36M	66.95M	70.21M
Cash Dividends to Common per Share	$0.24	-	$0.22	$0.22	$0.22	-	$0.20	$0.20	$0.20	-	$0.18

This table details how cash moves in and out of Acushnet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-12	6.53	-223	130	117	3.17	-17	-31	20	5.37
Net Cash From Operating Activities	245	372	-68	314	264	134	164	-27	104	92
Net Cash From Continuing Operating Activities	245	372	-68	314	264	134	164	-27	104	92
Net Income / (Loss) Continuing Operations	202	199	205	184	100	125	103	103	50	4.16
Consolidated Net Income / (Loss)	202	199	205	184	100	125	103	103	50	4.16
Depreciation Expense	56	51	42	41	45	43	40	41	41	42
Amortization Expense	1.75	0.93	2.00	1.54	1.22	1.88	1.41	1.32	7.34	9.30
Non-Cash Adjustments To Reconcile Net Income	29	31	34	28	14	11	23	12	5.86	33
Changes in Operating Assets and Liabilities, net	-43	90	-351	59	104	-46	-3.90	-185	0.72	3.95
Net Cash From Investing Activities	-75	-101	-140	-38	-25	-61	-50	-19	-19	-23
Net Cash From Continuing Investing Activities	-75	-101	-140	-38	-25	-61	-50	-19	-19	-23
Purchase of Property, Plant & Equipment	-75	-75	-61	-38	-25	-33	-33	-19	-19	-23
Acquisitions	0.00	-25	-83	0.00	0.00	-28	-17	0.00	0.00	-
Other Investing Activities, net	0.00	-0.89	4.54	0.00	0.00	-	-	-	-	-
Net Cash From Financing Activities	-180	-265	-8.58	-140	-129	-70	-129	9.26	-63	-60
Net Cash From Continuing Financing Activities	-180	-265	-8.58	-140	-129	-70	-129	9.26	-63	-60
Repayment of Debt	-1,179	-1,745	-735	-18	-19	-37	-21	-44	-416	-77
Repurchase of Common Equity	-173	-334	-189	-65	-6.98	-29	0.00	0.00	-	-
Payment of Dividends	-54	-52	-54	-51	-50	-47	-46	-41	-22	-18
Issuance of Debt	1,243	1,878	980	-2.70	-52	54	-18	0.00	376	0.00
Other Financing Activities, net	-17	-11	-11	-3.95	-0.50	-11	-43	94	0.00	35
Other Net Changes in Cash	-3.18	-	-	-	6.11	-	-1.86	5.21	-	-
Cash Interest Paid	53	36	12	6.89	15	18	18	15	64	53
Cash Income Taxes Paid	49	34	56	29	30	31	27	36	17	20

This table details how cash moves in and out of Acushnet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-12	-46	19	32	-17	8.67	-5.78	5.26	-1.62	-50	-0.64
Net Cash From Operating Activities	-120	-1.12	144	212	-110	75	177	206	-86	-8.75	32
Net Cash From Continuing Operating Activities	-120	-1.12	144	212	-110	75	177	206	-86	-8.75	32
Net Income / (Loss) Continuing Operations	99	-8.16	55	70	85	-26	57	74	94	1.67	53
Consolidated Net Income / (Loss)	99	-8.16	55	70	85	-26	57	74	94	1.67	53
Depreciation Expense	14	14	14	14	14	13	13	13	13	11	10
Amortization Expense	0.45	0.45	0.44	0.44	0.43	0.43	0.16	0.17	0.17	0.17	1.43
Non-Cash Adjustments To Reconcile Net Income	-15	3.92	9.27	8.15	7.50	12	6.15	-6.08	19	6.92	8.32
Changes in Operating Assets and Liabilities, net	-219	-12	65	119	-216	75	101	125	-212	-28	-42
Net Cash From Investing Activities	-11	-32	-20	-15	-7.28	-33	-15	-19	-35	-111	-8.64
Net Cash From Continuing Investing Activities	-11	-32	-20	-15	-7.28	-33	-15	-19	-35	-111	-8.64
Purchase of Property, Plant & Equipment	-11	-32	-20	-15	-7.28	-33	-15	-16	-12	-28	-13
Net Cash From Financing Activities	118	-8.01	-109	-165	102	-36	-167	-182	119	66	-18
Net Cash From Continuing Financing Activities	118	-8.01	-109	-165	102	-36	-167	-182	119	66	-18
Repayment of Debt	-223	-256	-284	-367	-272	-735	-344	-391	-275	-368	-446
Repurchase of Common Equity	-36	-30	-70	-39	-33	-129	-67	-22	-116	-51	-42
Payment of Dividends	-15	-13	-13	-13	-15	-12	-13	-13	-14	-13	-13
Issuance of Debt	402	292	259	256	437	842	256	244	536	497	483
Other Financing Activities, net	-9.69	-0.05	-0.29	-1.22	-15	-0.04	0.00	-0.01	-11	-	-
Other Net Changes in Cash	0.91	-	-	-	-1.49	-	-	-	-	-	-5.81

This table presents Acushnet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	2,180	2,197	2,194	2,006	1,867	1,817	1,692	1,734	1,736	1,759
Total Current Assets	974	997	1,059	969	800	743	664	687	665	672
Restricted Cash	53	65	59	282	151	34	31	48	79	4.73
Accounts Receivable	218	201	217	174	202	215	186	191	178	192
Inventories, net	576	616	675	413	358	398	361	364	323	326
Prepaid Expenses	126	114	-	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	326	295	254	232	223	232	228	229	240	255
Total Noncurrent Assets	881	905	880	805	844	843	799	818	832	833
Goodwill	220	225	225	210	215	214	210	203	179	181
Intangible Assets	523	537	526	465	474	481	478	481	490	499
Noncurrent Deferred & Refundable Income Taxes	34	31	48	61	80	71	78	99	130	132
Other Noncurrent Operating Assets	103	110	82	68	75	77	33	34	32	20
Total Liabilities & Shareholders' Equity	2,180	2,197	2,194	2,006	1,867	1,817	1,692	1,734	1,736	1,759
Total Liabilities	1,383	1,284	1,210	922	849	865	765	880	967	1,434
Total Current Liabilities	473	451	549	483	358	359	295	307	462	756
Short-Term Debt	11	29	40	18	20	72	37	47	61	442
Accounts Payable	150	151	167	164	113	102	86	93	88	102
Accrued Expenses	180	114	202	131	101	77	57	52	47	71
Current Deferred & Payable Income Tax Liabilities	36	46	41	57	41	36	38	34	42	29
Current Employee Benefit Liabilities	95	111	98	113	82	72	77	80	224	111
Total Noncurrent Liabilities	910	833	662	439	491	506	470	573	505	679
Long-Term Debt	753	672	528	297	314	331	347	417	348	395
Noncurrent Deferred & Payable Income Tax Liabilities	8.11	7.08	5.90	4.95	3.82	4.84	4.64	9.32	7.45	7.11
Noncurrent Employee Benefit Liabilities	74	70	74	94	122	119	102	130	135	120
Other Noncurrent Operating Liabilities	75	84	54	43	52	52	16	17	14	158
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Redeemable Noncontrolling Interest	4.03	9.79	6.66	3.30	0.13	0.81	0.00	-	-	131
Total Equity & Noncontrolling Interests	793	903	977	1,080	1,017	951	927	854	769	194
Total Preferred & Common Equity	765	864	939	1,043	984	918	895	821	736	160
Total Common Equity	765	864	939	1,043	984	918	895	821	736	160
Common Stock	788	809	961	948	925	911	911	895	881	309
Retained Earnings	180	160	473	325	200	151	73	8.20	-54	-82
Accumulated Other Comprehensive Income / (Loss)	-140	-104	-110	-100	-96	-112	-89	-82	-91	-67
Other Equity Adjustments	-63	0.00	-	-131	-	-	-	-	-	-
Noncontrolling Interest	28	39	38	37	33	32	32	33	33	33

This table presents Acushnet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,403	2,281	2,274	2,357	2,211	2,331	2,453	2,101
Total Current Assets	1,189	1,085	1,094	1,174	1,034	1,152	1,266	1,083
Restricted Cash	41	99	80	49	57	63	57	108
Accounts Receivable	477	368	412	465	336	395	435	324
Inventories, net	538	498	483	537	529	562	639	537
Prepaid Expenses	133	-	-	-	-	-	-	114
Plant, Property, & Equipment, net	319	312	300	293	275	267	260	236
Total Noncurrent Assets	895	884	881	889	902	912	926	782
Goodwill	222	225	222	223	223	224	225	200
Intangible Assets	520	527	530	534	541	544	548	459
Noncurrent Deferred & Refundable Income Taxes	30	25	25	27	21	24	34	47
Other Noncurrent Operating Assets	123	106	104	106	117	120	119	77
Total Liabilities & Shareholders' Equity	2,403	2,281	2,274	2,357	2,211	2,331	2,453	2,101
Total Liabilities	1,618	1,376	1,365	1,428	1,237	1,268	1,420	1,051
Total Current Liabilities	538	516	479	436	856	456	464	499
Short-Term Debt	18	22	24	31	379	39	45	28
Accounts Payable	187	166	157	151	137	131	161	178
Accrued Expenses	222	173	166	129	201	136	119	164
Current Deferred & Payable Income Tax Liabilities	52	51	45	57	43	62	72	45
Current Employee Benefit Liabilities	59	103	88	68	96	87	67	85
Total Noncurrent Liabilities	1,080	860	886	992	380	812	956	552
Long-Term Debt	926	708	728	833	214	643	785	407
Noncurrent Deferred & Payable Income Tax Liabilities	7.99	7.62	7.32	7.29	6.11	5.64	5.75	5.22
Noncurrent Employee Benefit Liabilities	70	66	71	70	76	75	75	93
Other Noncurrent Operating Liabilities	76	78	80	81	85	89	90	47
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	3.97	6.52	10	9.60	7.26	7.69	7.67	4.32
Total Equity & Noncontrolling Interests	780	899	899	919	967	1,055	1,025	1,046
Total Preferred & Common Equity	780	864	864	884	928	1,017	987	1,010
Total Common Equity	780	864	864	884	928	1,017	987	1,010
Common Stock	778	787	793	794	971	966	957	955
Retained Earnings	235	217	232	205	658	614	553	483
Treasury Stock	-99	-	-	-	-	-	-409	-
Accumulated Other Comprehensive Income / (Loss)	-134	-108	-123	-115	-123	-114	-114	-145
Noncontrolling Interest	0.00	35	35	36	38	38	38	36

This table displays calculated financial ratios and metrics derived from Acushnet's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.15%	4.92%	5.70%	33.23%	-4.12%	2.92%	4.71%	-0.76%	4.61%	-2.25%
EBITDA Growth	7.39%	5.93%	6.07%	70.15%	-23.66%	9.05%	0.49%	11.89%	30.58%	-8.40%
EBIT Growth	6.86%	3.73%	6.72%	98.58%	-30.36%	9.53%	0.79%	20.31%	50.50%	-12.45%
NOPAT Growth	4.88%	5.38%	15.22%	50.10%	-8.10%	18.48%	2.27%	46.11%	420.29%	-75.82%
Net Income Growth	1.63%	-3.16%	11.31%	84.22%	-19.71%	20.85%	-0.13%	108.42%	1,091.41%	-83.62%
EPS Growth	14.63%	6.91%	15.55%	85.94%	-20.00%	21.21%	0.00%	112.90%	183.78%	-421.74%
Operating Cash Flow Growth	-34.08%	648.52%	-121.58%	18.79%	96.92%	-17.99%	705.59%	-125.93%	13.55%	69.70%
Free Cash Flow Firm Growth	60.75%	216.57%	-155.37%	11.08%	149.32%	-8.53%	296.51%	-168.13%	107.50%	0.00%
Invested Capital Growth	-2.62%	3.77%	33.62%	-6.92%	-9.09%	3.15%	0.72%	15.56%	-0.21%	0.00%
Revenue Q/Q Growth	1.33%	-1.43%	1.20%	0.00%	3.35%	1.50%	-0.49%	1.41%	0.00%	0.00%
EBITDA Q/Q Growth	5.96%	-8.49%	11.25%	-13.21%	-4.67%	4.81%	-3.01%	10.35%	0.00%	0.00%
EBIT Q/Q Growth	6.79%	-10.65%	13.12%	-13.94%	-7.62%	4.98%	-3.88%	13.38%	0.00%	0.00%
NOPAT Q/Q Growth	9.00%	-9.61%	16.62%	-22.72%	10.78%	6.11%	-6.13%	16.37%	0.00%	0.00%
Net Income Q/Q Growth	9.95%	-12.39%	14.84%	-20.69%	3.75%	6.27%	-6.05%	20.63%	0.00%	0.00%
EPS Q/Q Growth	12.71%	-11.45%	15.55%	-21.19%	4.07%	5.96%	-7.04%	-0.75%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-23.67%	29.02%	-171.03%	-16.77%	28.07%	4.42%	35.42%	24.15%	0.19%	0.00%
Free Cash Flow Firm Q/Q Growth	43.57%	41.57%	-1,309.12%	-16.76%	31.51%	55.81%	11.53%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-1.82%	2.56%	8.42%	-4.92%	-4.51%	-0.72%	1.43%	3.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.34%	47.02%	46.19%	52.07%	51.47%	51.88%	51.56%	51.39%	50.82%	51.62%
EBITDA Margin	14.65%	14.07%	13.94%	13.89%	10.88%	13.66%	12.89%	13.43%	11.91%	9.54%
Operating Margin	12.38%	11.98%	12.40%	12.10%	9.02%	11.04%	10.55%	10.88%	9.06%	7.82%
EBIT Margin	12.30%	11.88%	12.01%	11.90%	7.98%	10.99%	10.33%	10.73%	8.85%	6.15%
Profit (Net Income) Margin	8.21%	8.34%	9.03%	8.58%	6.20%	7.41%	6.31%	6.61%	3.15%	0.28%
Tax Burden Percent	80.84%	82.20%	79.05%	74.34%	88.47%	75.42%	68.58%	68.04%	55.50%	12.93%
Interest Burden Percent	82.59%	85.40%	95.13%	96.98%	87.85%	89.39%	89.09%	90.62%	64.13%	34.78%
Effective Tax Rate	19.16%	17.80%	20.95%	25.66%	11.53%	24.58%	31.42%	31.96%	44.50%	87.07%
Return on Invested Capital (ROIC)	16.09%	15.43%	17.06%	16.67%	10.21%	10.77%	9.27%	9.75%	7.19%	2.76%
ROIC Less NNEP Spread (ROIC-NNEP)	9.54%	9.15%	10.62%	8.41%	-0.20%	6.49%	5.34%	6.45%	1.85%	-0.08%
Return on Net Nonoperating Assets (RNNOA)	7.51%	5.52%	2.79%	0.86%	-0.06%	2.49%	2.31%	2.97%	1.87%	-0.20%
Return on Equity (ROE)	23.61%	20.95%	19.84%	17.54%	10.16%	13.26%	11.57%	12.72%	9.06%	2.56%
Cash Return on Invested Capital (CROIC)	18.75%	11.72%	-11.72%	23.84%	19.73%	7.67%	8.55%	-4.68%	7.40%	-197.24%
Operating Return on Assets (OROA)	13.81%	12.89%	12.99%	13.20%	6.99%	10.53%	9.85%	9.65%	7.96%	5.26%
Return on Assets (ROA)	9.22%	9.05%	9.77%	9.52%	5.43%	7.10%	6.02%	5.95%	2.83%	0.24%
Return on Common Equity (ROCE)	22.49%	19.92%	19.03%	16.92%	9.81%	12.80%	11.15%	12.20%	7.42%	1.26%
Return on Equity Simple (ROE_SIMPLE)	26.38%	22.98%	21.84%	17.67%	10.16%	13.56%	11.52%	12.57%	6.73%	2.59%
Net Operating Profit after Tax (NOPAT)	246	235	223	193	129	140	118	116	79	15
NOPAT Margin	10.01%	9.85%	9.80%	8.99%	7.98%	8.33%	7.23%	7.41%	5.03%	1.01%
Net Nonoperating Expense Percent (NNEP)	6.56%	6.28%	6.44%	8.26%	10.41%	4.29%	3.93%	3.31%	5.34%	2.84%
Return On Investment Capital (ROIC_SIMPLE)	15.80%	14.62%	14.41%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	51.66%	52.98%	53.81%	47.93%	48.53%	48.12%	48.44%	48.61%	49.18%	48.38%
SG&A Expenses to Revenue	32.62%	31.72%	30.96%	37.03%	37.87%	37.32%	37.45%	37.06%	38.17%	40.19%
R&D to Revenue	2.76%	2.72%	2.48%	2.58%	3.04%	3.07%	3.15%	3.03%	3.06%	3.06%
Operating Expenses to Revenue	35.96%	35.04%	33.79%	39.97%	42.45%	40.84%	41.01%	40.51%	41.75%	43.80%
Earnings before Interest and Taxes (EBIT)	302	283	273	256	129	185	169	167	139	92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	360	335	316	298	175	230	211	210	187	143
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.65	4.72	3.09	3.61	2.91	2.48	1.61	1.71	1.71	0.00
Price to Tangible Book Value (P/TBV)	196.63	40.16	15.40	10.25	9.69	10.18	6.94	10.26	18.92	0.00
Price to Revenue (P/Rev)	1.76	1.71	1.28	1.75	1.77	1.35	0.88	0.90	0.80	0.00
Price to Earnings (P/E)	20.17	20.55	14.55	21.04	29.80	18.81	14.38	14.20	54.37	0.00
Dividend Yield	1.21%	1.25%	1.74%	1.29%	1.61%	1.85%	2.71%	3.19%	0.00%	0.00%
Earnings Yield	4.96%	4.87%	6.87%	4.75%	3.36%	5.32%	6.95%	7.04%	1.84%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.36	3.08	2.31	3.44	2.56	2.03	1.42	1.46	1.48	0.00
Enterprise Value to Revenue (EV/Rev)	2.06	2.00	1.52	1.79	1.91	1.59	1.11	1.19	1.03	0.00
Enterprise Value to EBITDA (EV/EBITDA)	14.07	14.21	10.91	12.86	17.55	11.66	8.65	8.83	8.67	0.00
Enterprise Value to EBIT (EV/EBIT)	16.75	16.83	12.66	15.02	23.91	14.49	10.80	11.06	11.67	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.59	20.30	15.51	19.86	23.91	19.13	15.41	16.02	20.54	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	20.66	12.81	0.00	12.21	11.64	19.94	11.12	0.00	15.58	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	17.68	26.72	0.00	13.89	12.38	26.86	16.71	0.00	19.95	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.96	0.77	0.58	0.29	0.33	0.42	0.41	0.54	0.53	2.58
Long-Term Debt to Equity	0.94	0.74	0.54	0.27	0.31	0.35	0.37	0.49	0.45	1.22
Financial Leverage	0.79	0.60	0.26	0.10	0.28	0.38	0.43	0.46	1.01	2.39
Leverage Ratio	2.56	2.32	2.03	1.84	1.87	1.87	1.92	2.14	3.20	5.42
Compound Leverage Factor	2.11	1.98	1.93	1.79	1.64	1.67	1.71	1.94	2.05	1.88
Debt to Total Capital	48.94%	43.44%	36.61%	22.52%	24.71%	29.71%	29.26%	35.21%	34.76%	72.04%
Short-Term Debt to Total Capital	0.70%	1.82%	2.60%	1.26%	1.50%	5.29%	2.79%	3.57%	5.20%	38.05%
Long-Term Debt to Total Capital	48.24%	41.62%	34.01%	21.26%	23.21%	24.42%	26.48%	31.64%	29.56%	33.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.04%	3.01%	2.86%	2.91%	2.47%	2.45%	2.45%	2.48%	2.80%	14.15%
Common Equity to Total Capital	49.02%	53.54%	60.54%	74.57%	72.81%	67.83%	68.29%	62.31%	62.45%	13.81%
Debt to EBITDA	2.12	2.09	1.79	1.06	1.90	1.75	1.82	2.21	2.19	5.83
Net Debt to EBITDA	1.98	1.90	1.61	0.11	1.04	1.60	1.67	1.99	1.76	5.42
Long-Term Debt to EBITDA	2.09	2.00	1.67	1.00	1.79	1.44	1.65	1.99	1.86	2.75
Debt to NOPAT	3.11	2.99	2.55	1.63	2.60	2.87	3.25	4.02	5.18	55.01
Net Debt to NOPAT	2.89	2.71	2.29	0.17	1.42	2.63	2.98	3.60	4.18	51.12
Long-Term Debt to NOPAT	3.06	2.86	2.37	1.54	2.44	2.36	2.94	3.61	4.40	25.95
Altman Z-Score	3.85	3.82	3.46	4.46	3.55	3.21	2.74	2.44	2.05	0.00
Noncontrolling Interest Sharing Ratio	4.71%	4.90%	4.11%	3.53%	3.38%	3.48%	3.64%	4.04%	18.04%	50.62%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.06	2.21	1.93	2.01	2.24	2.07	2.25	2.24	1.44	0.89
Quick Ratio	0.46	0.45	0.40	0.36	0.56	0.60	0.63	0.62	0.38	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	287	178	-153	276	249	100	109	-55	81	-1,086
Operating Cash Flow to CapEx	328.46%	493.37%	-110.47%	835.50%	1,071.63%	407.46%	499.17%	-143.47%	543.78%	395.80%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	35.82	15.91	5.08	5.92	-3.53	1.63	-18.02
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	40.75	16.92	6.85	8.90	-1.72	2.09	1.52
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	35.87	15.34	5.17	7.12	-2.92	1.71	1.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.09	1.08	1.11	0.88	0.96	0.95	0.90	0.90	0.85
Accounts Receivable Turnover	11.71	11.40	11.61	11.43	7.73	8.37	8.67	8.47	8.50	7.81
Inventory Turnover	2.13	1.96	2.25	2.67	2.07	2.13	2.18	2.21	2.38	2.23
Fixed Asset Turnover	7.91	8.66	9.34	9.45	7.10	7.31	7.14	6.66	6.36	5.90
Accounts Payable Turnover	8.44	7.95	7.39	7.45	7.27	8.59	8.85	8.41	8.14	7.10
Days Sales Outstanding (DSO)	31.17	32.03	31.44	31.94	47.20	43.58	42.11	43.09	42.93	46.72
Days Inventory Outstanding (DIO)	171.31	186.59	162.53	136.68	176.37	171.32	167.23	165.38	153.32	163.83
Days Payable Outstanding (DPO)	43.25	45.92	49.39	49.01	50.20	42.49	41.23	43.40	44.85	51.42
Cash Conversion Cycle (CCC)	159.23	172.70	144.59	119.61	173.37	172.42	168.11	165.06	151.40	159.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,508	1,549	1,492	1,117	1,200	1,320	1,279	1,270	1,099	1,102
Invested Capital Turnover	1.61	1.57	1.74	1.85	1.28	1.29	1.28	1.32	1.43	2.73
Increase / (Decrease) in Invested Capital	-41	56	375	-83	-120	40	9.16	171	-2.35	1,102
Enterprise Value (EV)	5,065	4,762	3,453	3,837	3,077	2,678	1,821	1,851	1,624	0.00
Market Capitalization	4,322	4,078	2,900	3,763	2,861	2,277	1,437	1,402	1,261	0.00
Book Value per Share	$12.59	$13.22	$13.38	$14.16	$13.21	$12.22	$11.97	$11.03	$9.93	$10.06
Tangible Book Value per Share	$0.36	$1.55	$2.68	$4.99	$3.96	$2.97	$2.77	$1.84	$0.90	($32.67)
Total Capital	1,561	1,614	1,551	1,399	1,351	1,354	1,310	1,318	1,178	1,161
Total Debt	764	701	568	315	334	402	383	464	410	836
Total Long-Term Debt	753	672	528	297	314	331	347	417	348	395
Net Debt	711	636	509	33	182	368	352	416	330	777
Capital Expenditures (CapEx)	75	75	61	38	25	33	33	19	19	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	459	509	492	222	311	421	375	380	185	299
Debt-free Net Working Capital (DFNWC)	512	575	551	504	462	455	406	427	264	358
Net Working Capital (NWC)	501	546	510	486	442	384	369	380	202	-84
Net Nonoperating Expense (NNE)	44	36	17	8.91	29	15	15	12	30	11
Net Nonoperating Obligations (NNO)	711	636	509	33	182	368	352	416	330	777
Total Depreciation and Amortization (D&A)	58	52	44	43	47	45	42	42	48	51
Debt-free, Cash-free Net Working Capital to Revenue	18.68%	21.39%	21.67%	10.34%	19.29%	25.05%	22.93%	24.33%	11.74%	19.86%
Debt-free Net Working Capital to Revenue	20.84%	24.14%	24.26%	23.45%	28.68%	27.08%	24.83%	27.39%	16.77%	23.80%
Net Working Capital to Revenue	20.40%	22.90%	22.48%	22.63%	27.42%	22.82%	22.59%	24.37%	12.87%	-5.59%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.38	$2.96	$2.77	$2.40	$1.29	$0.00	$1.34	$1.24	$0.74	$0.00
Adjusted Weighted Average Basic Shares Outstanding	63.35M	67.06M	71.96M	74.54M	74.49M	0.00	74.77M	74.40M	31.25M	0.00
Adjusted Diluted Earnings per Share	$3.37	$2.94	$2.75	$2.38	$1.28	$0.00	$1.32	$1.23	$0.62	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	63.65M	67.52M	72.56M	75.27M	75.06M	0.00	75.47M	74.59M	64.32M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	59.93M	63.49M	66.95M	72.38M	74.29M	0.00	75.03M	74.74M	74.45M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	246	235	223	193	140	140	118	116	80	83
Normalized NOPAT Margin	10.01%	9.85%	9.80%	8.99%	8.71%	8.33%	7.23%	7.41%	5.09%	5.55%
Pre Tax Income Margin	10.16%	10.14%	11.43%	11.54%	7.01%	9.82%	9.20%	9.72%	5.67%	2.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	33.15	8.23	9.42	9.17	10.66	2.79	1.53
NOPAT to Interest Expense	0.00	0.00	0.00	25.06	8.23	7.14	6.42	7.36	1.58	0.25
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	28.27	6.65	7.74	7.39	9.46	2.40	1.15
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	20.18	6.65	5.46	4.64	6.16	1.20	-0.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	26.90%	26.42%	26.25%	27.51%	50.49%	37.61%	45.02%	39.29%	44.67%	431.83%
Augmented Payout Ratio	112.51%	194.64%	118.46%	63.06%	57.46%	61.17%	45.02%	39.29%	44.67%	431.83%

This table displays calculated financial ratios and metrics derived from Acushnet's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.59%	7.80%	4.57%	-0.80%	3.10%	-7.70%	6.29%	4.67%	13.23%	6.38%	7.02%
EBITDA Growth	10.27%	176.01%	5.97%	0.76%	-1.30%	-158.72%	6.27%	22.78%	19.56%	257.89%	37.75%
EBIT Growth	11.04%	76.58%	5.11%	-0.55%	-2.57%	-391.67%	5.47%	22.76%	19.41%	137.36%	42.89%
NOPAT Growth	-1.06%	78.91%	0.90%	-2.22%	-7.04%	-388.15%	11.97%	16.17%	21.86%	139.09%	41.03%
Net Income Growth	17.11%	69.13%	-3.10%	-5.65%	-9.68%	-1,678.38%	6.98%	8.98%	14.38%	106.74%	33.56%
EPS Growth	20.00%	105.56%	4.71%	1.83%	-0.74%	-1,900.00%	18.06%	19.78%	23.64%	105.71%	38.46%
Operating Cash Flow Growth	-9.81%	-101.50%	-18.73%	2.72%	-26.73%	956.46%	461.06%	180.69%	47.32%	-125.70%	-75.25%
Free Cash Flow Firm Growth	-2.54%	150.13%	159.11%	190.37%	152.21%	80.08%	52.52%	-180.08%	-9,833.12%	-646.11%	-215.93%
Invested Capital Growth	-3.26%	-2.62%	1.73%	-6.02%	-3.32%	3.77%	9.70%	20.44%	28.39%	33.62%	17.17%
Revenue Q/Q Growth	58.00%	-28.26%	-9.27%	-3.35%	71.34%	-30.41%	-13.92%	0.45%	53.39%	-19.86%	-15.24%
EBITDA Q/Q Growth	1,606.20%	-90.90%	-19.87%	-11.36%	1,276.12%	-112.69%	-23.80%	-13.18%	599.77%	-77.05%	-11.96%
EBIT Q/Q Growth	2,386.66%	-107.20%	-22.58%	-12.86%	582.22%	-132.31%	-26.75%	-14.63%	1,343.64%	-88.32%	-14.75%
NOPAT Q/Q Growth	2,679.57%	-105.50%	-18.62%	-14.36%	649.96%	-126.33%	-21.14%	-18.58%	1,604.76%	-89.77%	-18.18%
Net Income Q/Q Growth	1,314.14%	-114.76%	-21.22%	-17.02%	420.03%	-146.32%	-23.29%	-20.57%	5,492.53%	-96.86%	-21.86%
EPS Q/Q Growth	8,000.00%	-97.75%	-19.82%	-17.78%	475.00%	-142.35%	-22.02%	-19.85%	6,700.00%	-97.22%	-20.88%
Operating Cash Flow Q/Q Growth	-10,636.96%	-100.78%	-31.91%	293.24%	-246.22%	-57.76%	-13.94%	338.42%	-888.20%	-127.67%	-56.95%
Free Cash Flow Firm Q/Q Growth	309.35%	-8.10%	-78.03%	17.90%	310.57%	-8.34%	66.40%	31.89%	19.67%	-158.26%	-98.21%
Invested Capital Q/Q Growth	11.92%	-1.82%	-2.82%	-9.41%	12.67%	2.56%	-10.22%	-6.80%	20.93%	8.42%	-1.44%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.94%	22.61%	54.37%	54.36%	53.41%	18.72%	51.99%	53.46%	53.28%	20.81%	52.84%
EBITDA Margin	21.20%	1.96%	15.48%	17.53%	19.12%	-2.78%	15.28%	17.26%	19.97%	4.38%	15.28%
Operating Margin	16.29%	-1.17%	13.23%	15.50%	17.16%	-5.98%	13.25%	15.45%	18.20%	2.59%	13.62%
EBIT Margin	19.11%	-1.32%	13.16%	15.42%	17.11%	-6.08%	13.09%	15.39%	18.10%	1.92%	13.19%
Profit (Net Income) Margin	14.08%	-1.83%	8.91%	10.26%	11.95%	-6.40%	9.61%	10.79%	13.64%	0.37%	9.55%
Tax Burden Percent	82.11%	44.94%	80.73%	76.79%	78.32%	73.08%	83.53%	78.18%	81.87%	51.68%	77.15%
Interest Burden Percent	89.72%	308.74%	83.85%	86.63%	89.20%	144.04%	87.91%	89.68%	92.03%	37.64%	93.84%
Effective Tax Rate	17.89%	0.00%	19.27%	23.21%	21.68%	0.00%	16.47%	21.82%	18.13%	48.32%	22.85%
Return on Invested Capital (ROIC)	19.11%	-1.32%	17.00%	17.50%	18.19%	-6.56%	18.53%	18.69%	21.82%	2.33%	18.48%
ROIC Less NNEP Spread (ROIC-NNEP)	19.69%	-1.99%	15.12%	15.76%	16.87%	-8.15%	16.53%	16.72%	20.20%	0.74%	15.20%
Return on Net Nonoperating Assets (RNNOA)	19.76%	-1.56%	9.39%	10.31%	13.65%	-4.92%	7.04%	6.97%	10.03%	0.19%	2.21%
Return on Equity (ROE)	38.87%	-2.88%	26.39%	27.81%	31.85%	-11.48%	25.56%	25.65%	31.86%	2.53%	20.69%
Cash Return on Invested Capital (CROIC)	17.61%	18.75%	13.10%	20.02%	16.17%	11.72%	8.72%	-2.14%	-9.85%	-11.72%	-0.85%
Operating Return on Assets (OROA)	19.70%	-1.48%	14.21%	16.06%	17.09%	-6.60%	14.67%	16.55%	18.75%	2.08%	14.17%
Return on Assets (ROA)	14.51%	-2.06%	9.62%	10.68%	11.94%	-6.94%	10.78%	11.60%	14.13%	0.40%	10.26%
Return on Common Equity (ROCE)	37.75%	-2.75%	25.17%	26.53%	30.37%	-10.92%	24.48%	24.65%	30.56%	2.42%	19.96%
Return on Equity Simple (ROE_SIMPLE)	27.72%	0.00%	21.25%	21.46%	21.45%	0.00%	24.42%	21.92%	21.97%	0.00%	17.68%
Net Operating Profit after Tax (NOPAT)	94	-3.65	66	81	95	-17	66	83	102	6.00	59
NOPAT Margin	13.37%	-0.82%	10.68%	11.90%	13.44%	-4.19%	11.06%	12.08%	14.90%	1.34%	10.50%
Net Nonoperating Expense Percent (NNEP)	-0.58%	0.67%	1.88%	1.74%	1.32%	1.60%	2.00%	1.97%	1.62%	1.60%	3.28%
Return On Investment Capital (ROIC_SIMPLE)	5.45%	-0.23%	-	-	-	-1.08%	-	-	-	0.39%	-
Cost of Revenue to Revenue	52.06%	77.39%	45.63%	45.64%	46.59%	81.28%	48.01%	46.54%	46.72%	79.19%	47.16%
SG&A Expenses to Revenue	28.47%	19.33%	37.53%	35.98%	33.44%	19.60%	35.42%	35.11%	32.43%	14.66%	36.26%
R&D to Revenue	2.68%	3.67%	3.05%	2.36%	2.33%	4.25%	2.74%	2.39%	2.12%	3.10%	2.62%
Operating Expenses to Revenue	31.65%	23.78%	41.15%	38.86%	36.26%	24.70%	38.75%	38.01%	35.08%	18.21%	39.23%
Earnings before Interest and Taxes (EBIT)	134	-5.88	82	105	121	-25	78	106	124	8.61	74
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	149	8.74	96	120	135	-12	91	119	137	20	85
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.27	5.65	4.56	4.64	4.72	4.72	3.75	3.57	3.39	3.09	2.99
Price to Tangible Book Value (P/TBV)	106.31	196.63	35.21	35.85	32.92	40.16	21.11	14.62	15.66	15.40	8.58
Price to Revenue (P/Rev)	1.68	1.76	1.63	1.67	1.74	1.71	1.44	1.53	1.43	1.28	1.34
Price to Earnings (P/E)	18.21	20.17	20.89	21.11	21.64	20.55	15.47	16.54	15.84	14.55	17.45
Dividend Yield	1.28%	1.21%	1.32%	1.29%	1.22%	1.25%	1.46%	1.39%	1.47%	1.74%	1.66%
Earnings Yield	5.49%	4.96%	4.79%	4.74%	4.62%	4.87%	6.47%	6.05%	6.31%	6.87%	5.73%
Enterprise Value to Invested Capital (EV/IC)	2.98	3.36	3.00	2.99	2.89	3.08	2.69	2.56	2.31	2.31	2.46
Enterprise Value to Revenue (EV/Rev)	2.05	2.06	1.90	1.97	2.10	2.00	1.68	1.81	1.77	1.52	1.51
Enterprise Value to EBITDA (EV/EBITDA)	13.43	14.07	13.58	14.12	15.10	14.21	11.10	11.91	12.30	10.91	11.89
Enterprise Value to EBIT (EV/EBIT)	15.91	16.75	16.29	16.91	18.00	16.83	12.84	13.75	14.23	12.66	14.03
Enterprise Value to NOPAT (EV/NOPAT)	20.48	20.59	20.44	20.96	22.17	20.30	15.66	17.03	17.30	15.51	17.73
Enterprise Value to Operating Cash Flow (EV/OCF)	21.43	20.66	14.36	13.32	14.44	12.81	14.10	30.17	423.42	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	16.62	17.68	23.11	14.46	17.55	26.72	32.28	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.20	0.96	0.81	0.83	0.93	0.77	0.61	0.64	0.80	0.58	0.41
Long-Term Debt to Equity	1.18	0.94	0.78	0.80	0.90	0.74	0.22	0.60	0.76	0.54	0.39
Financial Leverage	1.00	0.79	0.62	0.65	0.81	0.60	0.43	0.42	0.50	0.26	0.15
Leverage Ratio	2.78	2.56	2.39	2.34	2.45	2.32	2.13	2.04	2.12	2.03	1.88
Compound Leverage Factor	2.49	7.90	2.00	2.02	2.19	3.34	1.87	1.83	1.95	0.76	1.76
Debt to Total Capital	54.63%	48.94%	44.64%	45.28%	48.20%	43.44%	37.84%	39.07%	44.53%	36.61%	29.25%
Short-Term Debt to Total Capital	1.05%	0.70%	1.34%	1.44%	1.74%	1.82%	24.20%	2.23%	2.39%	2.60%	1.85%
Long-Term Debt to Total Capital	53.58%	48.24%	43.30%	43.84%	46.46%	41.62%	13.64%	36.84%	42.14%	34.01%	27.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.23%	2.04%	2.52%	2.72%	2.53%	3.01%	2.91%	2.62%	2.45%	2.86%	2.73%
Common Equity to Total Capital	45.14%	49.02%	52.83%	52.00%	49.27%	53.54%	59.26%	58.31%	53.02%	60.54%	68.02%
Debt to EBITDA	2.53	2.12	2.15	2.25	2.59	2.09	1.62	1.89	2.45	1.79	1.53
Net Debt to EBITDA	2.42	1.98	1.86	2.01	2.45	1.90	1.46	1.72	2.28	1.61	1.15
Long-Term Debt to EBITDA	2.48	2.09	2.08	2.18	2.50	2.00	0.58	1.78	2.32	1.67	1.43
Debt to NOPAT	3.85	3.11	3.23	3.34	3.81	2.99	2.28	2.70	3.44	2.55	2.28
Net Debt to NOPAT	3.68	2.89	2.80	2.98	3.59	2.71	2.07	2.45	3.20	2.29	1.71
Long-Term Debt to NOPAT	3.78	3.06	3.14	3.23	3.67	2.86	0.82	2.55	3.26	2.37	2.13
Altman Z-Score	3.19	3.38	3.33	3.43	3.44	3.35	3.41	3.62	3.25	3.07	3.56
Noncontrolling Interest Sharing Ratio	2.88%	4.71%	4.62%	4.61%	4.64%	4.90%	4.25%	3.90%	4.07%	4.11%	3.52%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.21	2.06	2.10	2.28	2.69	2.21	1.21	2.53	2.73	1.93	2.17
Quick Ratio	0.89	0.46	0.71	0.86	1.07	0.45	0.39	0.87	0.94	0.40	0.65
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	151	37	40	183	155	-74	-68	-202	-297	-369	-143
Operating Cash Flow to CapEx	-1,067.69%	-3.49%	706.01%	1,426.58%	-1,505.37%	227.43%	1,166.23%	1,326.69%	-738.74%	-31.54%	239.76%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	11.85	0.00	0.00	0.00	-29.99	0.00	-31.55
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	-8.38	0.00	0.00	0.00	-8.73	0.00	6.97
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	-8.93	0.00	0.00	0.00	-9.91	0.00	4.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.03	1.12	1.08	1.04	1.00	1.09	1.12	1.08	1.04	1.08	1.07
Accounts Receivable Turnover	5.21	11.71	6.90	5.95	5.34	11.40	7.32	6.10	5.79	11.61	7.19
Inventory Turnover	2.36	2.13	2.20	2.16	1.94	1.96	2.16	2.19	2.06	2.25	2.51
Fixed Asset Turnover	8.01	7.91	8.27	8.46	8.68	8.66	9.45	9.58	9.59	9.34	9.88
Accounts Payable Turnover	7.51	8.44	7.44	7.84	7.29	7.95	7.31	7.02	6.43	7.39	6.85
Days Sales Outstanding (DSO)	70.11	31.17	52.93	61.38	68.37	32.03	49.84	59.87	63.09	31.44	50.79
Days Inventory Outstanding (DIO)	154.51	171.31	166.03	168.80	188.60	186.59	169.07	166.53	176.85	162.53	145.24
Days Payable Outstanding (DPO)	48.62	43.25	49.04	46.56	50.09	45.92	49.95	51.97	56.73	49.39	53.32
Cash Conversion Cycle (CCC)	176.00	159.23	169.93	183.62	206.88	172.70	168.96	174.42	183.22	144.59	142.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,688	1,508	1,536	1,581	1,745	1,549	1,510	1,682	1,805	1,492	1,376
Invested Capital Turnover	1.43	1.61	1.59	1.47	1.35	1.57	1.67	1.55	1.46	1.74	1.76
Increase / (Decrease) in Invested Capital	-57	-41	26	-101	-60	56	134	285	399	375	202
Enterprise Value (EV)	5,022	5,065	4,613	4,721	5,035	4,762	4,064	4,299	4,168	3,453	3,383
Market Capitalization	4,115	4,322	3,941	4,004	4,174	4,078	3,483	3,634	3,350	2,900	3,017
Book Value per Share	$13.02	$12.59	$13.98	$13.69	$13.92	$13.22	$13.95	$15.10	$14.75	$13.38	$14.19
Tangible Book Value per Share	$0.65	$0.36	$1.81	$1.77	$2.00	$1.55	$2.48	$3.69	$3.20	$2.68	$4.94
Total Capital	1,728	1,561	1,635	1,661	1,794	1,614	1,567	1,744	1,862	1,551	1,485
Total Debt	944	764	730	752	864	701	593	682	829	568	434
Total Long-Term Debt	926	753	708	728	833	672	214	643	785	528	407
Net Debt	904	711	631	672	816	636	536	619	772	509	326
Capital Expenditures (CapEx)	11	32	20	15	7.28	33	15	16	12	28	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	628	459	493	558	721	509	500	672	789	492	503
Debt-free Net Working Capital (DFNWC)	669	512	592	638	770	575	557	734	846	551	612
Net Working Capital (NWC)	651	501	570	614	738	546	177	696	802	510	584
Net Nonoperating Expense (NNE)	-4.97	4.51	11	11	11	9.14	8.61	8.90	8.65	4.32	5.31
Net Nonoperating Obligations (NNO)	904	711	631	672	816	636	536	619	772	509	326
Total Depreciation and Amortization (D&A)	15	15	14	14	14	14	13	13	13	11	12
Debt-free, Cash-free Net Working Capital to Revenue	25.61%	18.68%	20.32%	23.27%	29.99%	21.39%	20.68%	28.21%	33.57%	21.67%	22.43%
Debt-free Net Working Capital to Revenue	27.27%	20.84%	24.40%	26.62%	32.02%	24.14%	23.03%	30.84%	36.01%	24.26%	27.27%
Net Working Capital to Revenue	26.53%	20.40%	23.50%	25.62%	30.72%	22.90%	7.34%	29.21%	34.12%	22.48%	26.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.62	$0.01	$0.89	$1.12	$1.36	($0.36)	$0.86	$1.09	$1.37	$0.04	$0.72
Adjusted Weighted Average Basic Shares Outstanding	61.33M	63.35M	62.89M	63.94M	64.62M	67.06M	66.90M	68.34M	68.21M	71.96M	71.71M
Adjusted Diluted Earnings per Share	$1.62	$0.02	$0.89	$1.11	$1.35	($0.36)	$0.85	$1.09	$1.36	$0.02	$0.72
Adjusted Weighted Average Diluted Shares Outstanding	61.48M	63.65M	63.17M	64.16M	64.89M	67.52M	67.34M	68.65M	68.65M	72.56M	72.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	58.77M	59.93M	60.80M	61.81M	63.07M	63.49M	65.38M	66.54M	67.36M	66.95M	70.21M
Normalized Net Operating Profit after Tax (NOPAT)	94	-3.65	66	81	95	-17	66	83	102	6.00	59
Normalized NOPAT Margin	13.37%	-0.82%	10.68%	11.90%	13.44%	-4.19%	11.06%	12.08%	14.90%	1.34%	10.50%
Pre Tax Income Margin	17.15%	-4.08%	11.04%	13.36%	15.26%	-8.76%	11.51%	13.80%	16.66%	0.72%	12.38%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	9.26	0.00	0.00	0.00	12.55	0.00	16.25
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	7.27	0.00	0.00	0.00	10.33	0.00	12.93
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	8.70	0.00	0.00	0.00	11.37	0.00	13.34
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	6.71	0.00	0.00	0.00	9.15	0.00	10.03
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.17%	26.90%	29.23%	28.67%	27.86%	26.42%	23.23%	23.65%	24.93%	26.25%	29.98%
Augmented Payout Ratio	106.14%	112.51%	177.28%	173.44%	160.43%	194.64%	135.98%	127.05%	138.43%	118.46%	127.14%

Frequently Asked Questions About Acushnet's Financials

When does Acushnet's financial year end?

According to the most recent income statement we have on file, Acushnet's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Acushnet's net income changed over the last 9 years?

Acushnet's net income appears to be on an upward trend, with a most recent value of $201.84 million in 2024, rising from $4.16 million in 2015. The previous period was $198.61 million in 2023. Check out Acushnet's forecast to explore projected trends and price targets.

What is Acushnet's operating income?

Acushnet's total operating income in 2024 was $304.26 million, based on the following breakdown:

Total Gross Profit: $1.19 billion
Total Operating Expenses: $883.47 million

How has Acushnet revenue changed over the last 9 years?

Over the last 9 years, Acushnet's total revenue changed from $1.50 billion in 2015 to $2.46 billion in 2024, a change of 63.5%.

How much debt does Acushnet have?

Acushnet's total liabilities were at $1.38 billion at the end of 2024, a 7.7% increase from 2023, and a 3.6% decrease since 2015.

How has Acushnet's book value per share changed over the last 9 years?

Over the last 9 years, Acushnet's book value per share changed from 10.06 in 2015 to 12.59 in 2024, a change of 25.1%.

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This page (NYSE:GOLF) was last updated on 5/30/2025 by MarketBeat.com Staff

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Acushnet (GOLF) Financials

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Acushnet (GOLF) Financials

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