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Acushnet (GOLF) Financials

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$88.01 -3.54 (-3.87%)
Closing price 03:59 PM Eastern
Extended Trading
$87.69 -0.32 (-0.36%)
As of 07:19 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Acushnet

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-16 23 99 100 121 96 179 199 198 214 189
Consolidated Net Income / (Loss)
4.16 50 103 103 125 100 184 205 199 202 187
Net Income / (Loss) Continuing Operations
4.16 50 103 103 125 100 184 205 199 202 187
Total Pre-Tax Income
32 89 152 150 165 113 248 259 242 250 240
Total Operating Income
118 143 170 172 186 145 260 282 285 304 299
Total Gross Profit
776 799 802 842 872 830 1,118 1,049 1,120 1,188 1,221
Total Revenue
1,503 1,572 1,560 1,634 1,681 1,612 2,148 2,270 2,382 2,457 2,559
Operating Revenue
1,503 1,572 1,560 1,634 1,681 1,612 2,148 2,270 2,382 2,457 2,559
Total Cost of Revenue
727 773 758 791 809 782 1,029 1,222 1,262 1,269 1,337
Operating Cost of Revenue
727 773 758 791 809 782 1,029 1,222 1,262 1,269 1,337
Total Operating Expenses
658 656 632 670 687 684 859 767 835 883 922
Selling, General & Admin Expense
604 600 578 612 628 611 795 703 756 802 833
Research & Development Expense
46 48 47 51 52 49 55 56 65 68 77
Amortization Expense
6.62 6.61 6.50 6.64 7.48 12 7.87 7.89 14 14 12
Total Other Income / (Expense), net
-85 -53 -18 -22 -20 -32 -12 -22 -44 -55 -60
Interest Expense
60 50 16 18 20 16 7.71 - 0.00 0.00 17
Interest & Investment Income
- - - - - - - -13 -41 -53 -58
Other Income / (Expense), net
-25 -3.37 -2.44 -3.63 -0.88 -17 -4.28 -8.83 -2.42 -1.96 15
Income Tax Expense
28 40 48 47 41 13 64 54 43 48 52
Net Income / (Loss) Attributable to Noncontrolling Interest
5.12 15 4.51 3.20 3.50 4.01 5.37 5.81 0.18 -12 -1.39
Basic Earnings per Share
($0.74) $0.74 $1.33 $1.34 $1.61 $1.29 $2.40 $2.77 $2.96 $3.38 $3.13
Weighted Average Basic Shares Outstanding
19.94M 31.25M 74.40M 74.77M 75.42M 74.49M 74.54M 71.96M 67.06M 63.35M 60.30M
Diluted Earnings per Share
($0.74) $0.62 $1.32 $1.32 $1.60 $1.28 $2.38 $2.75 $2.94 $3.37 $3.11
Weighted Average Diluted Shares Outstanding
19.94M 64.32M 74.59M 75.47M 75.76M 75.06M 75.27M 72.56M 67.52M 63.65M 60.57M
Weighted Average Basic & Diluted Shares Outstanding
19.94M 31.25M 1.10B 74.50M 74.38M 74.29M 72.38M 66.95M 63.49M 59.93M 58.56M
Cash Dividends to Common per Share
$0.00 $0.00 $0.48 $0.52 $0.56 $0.62 $0.66 $0.72 $0.78 $0.86 $0.94

Quarterly Income Statements for Acushnet

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
57 -27 88 71 56 -1.12 99 76 49 -35 81
Consolidated Net Income / (Loss)
57 -26 85 70 55 -8.16 99 75 48 -35 81
Net Income / (Loss) Continuing Operations
57 -26 85 70 55 -8.16 99 75 48 -35 81
Total Pre-Tax Income
68 -36 108 91 68 -18 121 94 77 -51 105
Total Operating Income
79 -25 121 106 82 -5.21 115 110 93 -18 120
Total Gross Profit
309 77 342 333 304 101 337 354 319 211 355
Total Revenue
593 413 708 684 621 445 703 720 658 477 753
Operating Revenue
593 413 708 684 621 445 703 720 658 477 753
Total Cost of Revenue
285 336 365 350 316 345 366 366 339 267 398
Operating Cost of Revenue
285 336 365 350 316 345 366 366 339 267 398
Total Operating Expenses
230 102 221 227 222 106 223 244 226 229 235
Selling, General & Admin Expense
210 81 201 208 200 86 200 222 205 206 214
Research & Development Expense
16 18 16 16 19 16 19 19 19 20 19
Amortization Expense
3.51 3.51 3.51 3.51 3.50 3.50 3.50 3.51 2.66 2.24 2.25
Total Other Income / (Expense), net
-10 -11 -13 -15 -14 -13 6.05 -16 -16 -33 -15
Interest & Investment Income
-9.39 - -13 -14 -13 - -14 -15 -15 -15 -13
Other Income / (Expense), net
-0.92 -0.41 -0.34 -0.54 -0.41 -0.67 20 -0.99 -1.76 -1.76 -1.82
Income Tax Expense
11 -9.73 23 21 13 -9.99 22 19 29 -16 24
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.26 0.39 -3.20 -1.26 -0.95 -7.04 -0.35 -0.48 -0.48 -0.07 -0.26
Basic Earnings per Share
$0.86 ($0.36) $1.36 $1.12 $0.89 $0.01 $1.62 $1.26 $0.81 ($0.56) $1.36
Weighted Average Basic Shares Outstanding
66.90M 67.06M 64.62M 63.94M 62.89M 63.35M 61.33M 60.16M 59.88M 60.30M 59.85M
Diluted Earnings per Share
$0.85 ($0.36) $1.35 $1.11 $0.89 $0.02 $1.62 $1.25 $0.81 ($0.57) $1.36
Weighted Average Diluted Shares Outstanding
67.34M 67.52M 64.89M 64.16M 63.17M 63.65M 61.48M 60.33M 60.16M 60.57M 60.01M
Weighted Average Basic & Diluted Shares Outstanding
65.38M 63.49M 63.07M 61.81M 60.80M 59.93M 58.77M 58.66M 58.66M 58.56M 58.55M
Cash Dividends to Common per Share
$0.20 - $0.22 $0.22 $0.22 - $0.24 $0.24 $0.24 - $0.26

Annual Cash Flow Statements for Acushnet

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
5.37 20 -31 -17 3.17 117 130 -223 6.53 -12 -2.97
Net Cash From Operating Activities
92 104 -27 164 134 264 314 -68 372 245 194
Net Cash From Continuing Operating Activities
92 104 -27 164 134 264 314 -68 372 245 194
Net Income / (Loss) Continuing Operations
4.16 50 103 103 125 100 184 205 199 202 187
Consolidated Net Income / (Loss)
4.16 50 103 103 125 100 184 205 199 202 187
Depreciation Expense
42 41 41 40 43 45 41 42 51 56 55
Amortization Expense
9.30 7.34 1.32 1.41 1.88 1.22 1.54 2.00 0.93 1.75 1.76
Non-Cash Adjustments To Reconcile Net Income
33 5.86 12 23 11 14 28 34 31 29 24
Changes in Operating Assets and Liabilities, net
3.95 0.72 -185 -3.90 -46 104 59 -351 90 -43 -74
Net Cash From Investing Activities
-23 -19 -19 -50 -61 -25 -38 -140 -101 -75 -74
Net Cash From Continuing Investing Activities
-23 -19 -19 -50 -61 -25 -38 -140 -101 -75 -74
Purchase of Property, Plant & Equipment
-23 -19 -19 -33 -33 -25 -38 -61 -75 -75 -74
Acquisitions
- 0.00 0.00 -17 -28 0.00 0.00 -83 -25 0.00 0.00
Other Investing Activities, net
- - - - - 0.00 0.00 4.54 -0.89 0.00 0.00
Net Cash From Financing Activities
-60 -63 9.26 -129 -70 -129 -140 -8.58 -265 -180 -125
Net Cash From Continuing Financing Activities
-60 -63 9.26 -129 -70 -129 -140 -8.58 -265 -180 -125
Repayment of Debt
-77 -416 -44 -21 -37 -19 -18 -735 -1,745 -1,179 -2,114
Repurchase of Common Equity
- - 0.00 0.00 -29 -6.98 -65 -189 -334 -173 -212
Payment of Dividends
-18 -22 -41 -46 -47 -50 -51 -54 -52 -54 -56
Issuance of Debt
0.00 376 0.00 -18 54 -52 -2.70 980 1,878 1,243 2,281
Other Financing Activities, net
35 0.00 94 -43 -11 -0.50 -3.95 -11 -11 -17 -24
Effect of Exchange Rate Changes
-3.21 -2.43 - - 0.28 - -5.97 -6.18 0.92 - 1.82

Quarterly Cash Flow Statements for Acushnet

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-5.78 8.67 -17 32 19 -46 -12 19 29 -39 1.59
Net Cash From Operating Activities
177 75 -110 212 144 -1.12 -120 152 163 -0.34 -144
Net Cash From Continuing Operating Activities
177 75 -110 212 144 -1.12 -120 152 163 -0.34 -144
Net Income / (Loss) Continuing Operations
57 -26 85 70 55 -8.16 99 75 48 -35 81
Consolidated Net Income / (Loss)
57 -26 85 70 55 -8.16 99 75 48 -35 81
Depreciation Expense
13 13 14 14 14 14 14 15 13 13 13
Amortization Expense
0.16 0.43 0.43 0.44 0.44 0.45 0.45 0.46 0.46 0.38 0.33
Non-Cash Adjustments To Reconcile Net Income
6.15 12 7.50 8.15 9.27 3.92 -11 8.28 7.64 23 11
Changes in Operating Assets and Liabilities, net
101 75 -216 119 65 -12 -223 53 94 -2.04 -249
Net Cash From Investing Activities
-15 -33 -7.28 -15 -20 -32 -11 -15 -26 -23 -19
Net Cash From Continuing Investing Activities
-15 -33 -7.28 -15 -20 -32 -11 -15 -26 -23 -19
Purchase of Property, Plant & Equipment
-15 -33 -7.28 -15 -20 -32 -11 -14 -26 -23 -19
Net Cash From Financing Activities
-167 -36 102 -165 -109 -8.01 118 -120 -108 -15 165
Net Cash From Continuing Financing Activities
-167 -36 102 -165 -109 -8.01 118 -120 -108 -15 165
Repayment of Debt
-344 -735 -272 -367 -284 -256 -223 -405 -328 -1,158 -234
Repurchase of Common Equity
-67 -129 -33 -39 -70 -30 -36 -89 -63 -24 -9.98
Payment of Dividends
-13 -12 -15 -13 -13 -13 -15 -14 -14 -14 -16
Issuance of Debt
256 842 437 256 259 292 402 389 297 1,194 445
Other Financing Activities, net
0.00 -0.04 -15 -1.22 -0.29 -0.05 -9.69 -1.29 -0.53 -13 -20
Effect of Exchange Rate Changes
- 2.23 - - 3.73 - 0.91 - - - -0.46

Annual Balance Sheets for Acushnet

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
1,759 1,736 1,734 1,692 1,817 1,867 2,006 2,194 2,197 2,180 2,343
Total Current Assets
672 665 687 664 743 800 969 1,059 997 974 1,025
Restricted Cash
4.73 79 48 31 34 151 282 59 65 - 50
Accounts Receivable
192 178 191 186 215 202 174 217 201 218 217
Inventories, net
326 323 364 361 398 358 413 675 616 576 609
Prepaid Expenses
- - - - - - - - 114 126 149
Plant, Property, & Equipment, net
255 240 229 228 232 223 232 254 295 326 357
Total Noncurrent Assets
833 832 818 799 843 844 805 880 905 881 961
Goodwill
181 179 203 210 214 215 210 225 225 220 224
Intangible Assets
499 490 481 478 481 474 465 526 537 523 511
Noncurrent Deferred & Refundable Income Taxes
132 130 99 78 71 80 61 48 31 34 21
Other Noncurrent Operating Assets
20 32 34 33 77 75 68 82 110 103 204
Total Liabilities & Shareholders' Equity
1,759 1,736 1,734 1,692 1,817 1,867 2,006 2,194 2,197 2,180 2,343
Total Liabilities
1,434 967 880 765 865 849 922 1,210 1,284 1,383 1,557
Total Current Liabilities
756 462 307 295 359 358 483 549 451 473 430
Short-Term Debt
442 61 47 37 72 20 18 40 29 11 17
Accounts Payable
102 88 93 86 102 113 164 167 151 150 157
Accrued Expenses
71 47 52 57 77 101 131 202 114 180 121
Current Deferred & Payable Income Tax Liabilities
29 42 34 38 36 41 57 41 46 36 34
Current Employee Benefit Liabilities
111 224 80 77 72 82 113 98 111 95 101
Total Noncurrent Liabilities
679 505 573 470 506 491 439 662 833 910 1,127
Long-Term Debt
395 348 417 347 331 314 297 528 672 753 926
Noncurrent Deferred & Payable Income Tax Liabilities
7.11 7.45 9.32 4.64 4.84 3.82 4.95 5.90 7.08 8.11 7.60
Noncurrent Employee Benefit Liabilities
120 135 130 102 119 122 94 74 70 74 69
Other Noncurrent Operating Liabilities
158 14 17 16 52 52 43 54 84 75 125
Commitments & Contingencies
- - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
131 - - 0.00 0.81 0.13 3.30 6.66 9.79 4.03 1.77
Total Equity & Noncontrolling Interests
194 769 854 927 951 1,017 1,080 977 903 793 784
Total Preferred & Common Equity
160 736 821 895 918 984 1,043 939 864 765 784
Total Common Equity
160 736 821 895 918 984 1,043 939 864 765 784
Common Stock
309 881 895 911 911 925 948 961 809 788 764
Retained Earnings
-82 -54 8.20 73 151 200 325 473 160 180 142
Accumulated Other Comprehensive Income / (Loss)
-67 -91 -82 -89 -112 -96 -100 -110 -104 -140 -122
Noncontrolling Interest
33 33 33 32 32 33 37 38 39 28 0.00

Quarterly Balance Sheets for Acushnet

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 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
2,101 2,453 2,331 2,211 2,357 2,274 2,281 2,403 2,396 2,354 2,600
Total Current Assets
1,083 1,266 1,152 1,034 1,174 1,094 1,085 1,189 1,158 1,114 1,295
Restricted Cash
108 57 63 57 49 80 99 41 60 89 52
Accounts Receivable
324 435 395 336 465 412 368 477 429 363 505
Inventories, net
537 639 562 529 537 483 498 538 534 514 577
Prepaid Expenses
114 - - - - - - 133 135 148 162
Plant, Property, & Equipment, net
236 260 267 275 293 300 312 319 325 343 360
Total Noncurrent Assets
782 926 912 902 889 881 884 895 913 897 945
Goodwill
200 225 224 223 223 222 225 222 225 225 223
Intangible Assets
459 548 544 541 534 530 527 520 517 514 509
Noncurrent Deferred & Refundable Income Taxes
47 34 24 21 27 25 25 30 32 14 14
Other Noncurrent Operating Assets
77 119 120 117 106 104 106 123 138 144 198
Total Liabilities & Shareholders' Equity
2,101 2,453 2,331 2,211 2,357 2,274 2,281 2,403 2,396 2,354 2,600
Total Liabilities
1,051 1,420 1,268 1,237 1,428 1,365 1,376 1,618 1,582 1,497 1,773
Total Current Liabilities
499 464 456 856 436 479 516 538 515 461 452
Short-Term Debt
28 45 39 379 31 24 22 18 22 23 29
Accounts Payable
178 161 131 137 151 157 166 187 180 161 180
Accrued Expenses
164 119 136 201 129 166 173 222 190 137 131
Current Deferred & Payable Income Tax Liabilities
45 72 62 43 57 45 51 52 48 54 47
Current Employee Benefit Liabilities
85 67 87 96 68 88 103 59 77 86 66
Total Noncurrent Liabilities
552 956 812 380 992 886 860 1,080 1,067 1,036 1,321
Long-Term Debt
407 785 643 214 833 728 708 926 911 878 1,122
Noncurrent Deferred & Payable Income Tax Liabilities
5.22 5.75 5.64 6.11 7.29 7.32 7.62 7.99 7.44 7.63 12
Noncurrent Employee Benefit Liabilities
93 75 75 76 70 71 66 70 71 71 67
Other Noncurrent Operating Liabilities
47 90 89 85 81 80 78 76 77 79 120
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
4.32 7.67 7.69 7.26 9.60 10 6.52 3.97 4.84 4.53 1.60
Total Equity & Noncontrolling Interests
1,046 1,025 1,055 967 919 899 899 780 809 852 825
Total Preferred & Common Equity
1,010 987 1,017 928 884 864 864 780 809 852 825
Total Common Equity
1,010 987 1,017 928 884 864 864 780 809 852 825
Common Stock
955 957 966 971 794 793 787 778 768 763 752
Retained Earnings
483 553 614 658 205 232 217 235 224 208 199
Accumulated Other Comprehensive Income / (Loss)
-145 -114 -114 -123 -115 -123 -108 -134 -121 -120 -126
Noncontrolling Interest
36 38 38 38 36 35 35 0.00 0.00 0.00 -0.08

Annual Metrics And Ratios for Acushnet

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 58,661,329.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 58,661,329.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 3.21
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
15 79 116 118 140 129 193 223 235 246 234
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 14.41% 14.62% 15.80% 13.55%
Earnings before Interest and Taxes (EBIT)
92 139 167 169 185 129 256 273 283 302 315
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
143 187 210 211 230 175 298 316 335 360 372
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,086 81 -55 109 100 249 276 -153 178 287 64
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,102 1,099 1,270 1,279 1,320 1,200 1,117 1,492 1,549 1,508 1,678
Increase / (Decrease) in Invested Capital
1,102 -2.35 171 9.16 40 -120 -83 375 56 -41 170
Book Value per Share
$10.06 $9.93 $11.03 $11.97 $12.22 $13.21 $14.16 $13.38 $13.22 $12.59 $13.36
Tangible Book Value per Share
($32.67) $0.90 $1.84 $2.77 $2.97 $3.96 $4.99 $2.68 $1.55 $0.36 $0.82
Total Capital
1,161 1,178 1,318 1,310 1,354 1,351 1,399 1,551 1,614 1,561 1,728
Total Debt
836 410 464 383 402 334 315 568 701 764 943
Total Long-Term Debt
395 348 417 347 331 314 297 528 672 753 926
Net Debt
777 330 416 352 368 182 33 509 636 711 893
Capital Expenditures (CapEx)
23 19 19 33 33 25 38 61 75 75 74
Debt-free, Cash-free Net Working Capital (DFCFNWC)
299 185 380 375 421 311 222 492 509 459 562
Debt-free Net Working Capital (DFNWC)
358 264 427 406 455 462 504 551 575 512 612
Net Working Capital (NWC)
-84 202 380 369 384 442 486 510 546 501 595
Net Nonoperating Expense (NNE)
11 30 12 15 15 29 8.91 17 36 44 47
Net Nonoperating Obligations (NNO)
777 330 416 352 368 182 33 509 636 711 893
Total Depreciation and Amortization (D&A)
51 48 42 42 45 47 43 44 52 58 57
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.74 $1.24 $1.34 $0.00 $1.29 $2.40 $2.77 $2.96 $3.38 $3.13
Adjusted Weighted Average Basic Shares Outstanding
0.00 31.25M 74.40M 74.77M 0.00 74.49M 74.54M 71.96M 67.06M 63.35M 60.30M
Adjusted Diluted Earnings per Share
$0.00 $0.62 $1.23 $1.32 $0.00 $1.28 $2.38 $2.75 $2.94 $3.37 $3.11
Adjusted Weighted Average Diluted Shares Outstanding
0.00 64.32M 74.59M 75.47M 0.00 75.06M 75.27M 72.56M 67.52M 63.65M 60.57M
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
0.00 74.45M 74.74M 75.03M 0.00 74.29M 72.38M 66.95M 63.49M 59.93M 58.56M
Normalized Net Operating Profit after Tax (NOPAT)
83 80 116 118 140 140 193 223 235 246 234
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Acushnet

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 58,661,329.00 58,560,358.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 58,661,329.00 58,560,358.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - -0.60 1.39
Growth Metrics
- - - - - - - - - - -
Revenue Growth
6.29% -7.70% 3.10% -0.80% 4.57% 7.80% -0.59% 5.35% 5.99% - 7.05%
EBITDA Growth
6.27% -158.72% -1.30% 0.76% 5.97% 176.01% 10.27% 3.66% 8.89% - -11.81%
EBIT Growth
5.47% -391.67% -2.57% -0.55% 5.11% 76.58% 11.04% 3.22% 11.64% - -11.96%
NOPAT Growth
11.97% -388.15% -7.04% -2.22% 0.90% 78.91% -1.06% 8.16% -12.11% - -1.51%
Net Income Growth
6.98% -1,678.38% -9.68% -5.65% -3.10% 69.13% 17.11% 7.01% -13.11% - -18.04%
EPS Growth
18.06% -1,900.00% -0.74% 1.83% 4.71% 105.56% 20.00% 12.61% -8.99% - -16.05%
Operating Cash Flow Growth
461.06% 956.46% -26.73% 2.72% -18.73% -101.50% -9.81% -28.24% 13.18% - -19.47%
Free Cash Flow Firm Growth
52.52% 80.08% 152.21% 190.37% 159.11% 150.13% -2.54% -109.39% -286.27% - -196.35%
Invested Capital Growth
9.70% 3.77% -3.32% -6.02% 1.73% -2.62% -3.26% 6.66% 8.66% - 14.11%
Revenue Q/Q Growth
-13.92% -30.41% 71.34% -3.35% -9.27% -28.26% 58.00% 2.43% -8.72% - 57.78%
EBITDA Q/Q Growth
-23.80% -112.69% 1,276.12% -11.36% -19.87% -90.90% 1,606.20% -16.68% -15.82% - 2,226.96%
EBIT Q/Q Growth
-26.75% -132.31% 582.22% -12.86% -22.58% -107.20% 2,386.66% -18.99% -16.27% - 701.44%
NOPAT Q/Q Growth
-21.14% -126.33% 649.96% -14.36% -18.62% -105.50% 2,679.57% -6.39% -33.87% - 838.76%
Net Income Q/Q Growth
-23.29% -146.32% 420.03% -17.02% -21.22% -114.76% 1,314.14% -24.18% -36.03% - 332.05%
EPS Q/Q Growth
-22.02% -142.35% 475.00% -17.78% -19.82% -97.75% 8,000.00% -22.84% -35.20% - 338.60%
Operating Cash Flow Q/Q Growth
-13.94% -57.76% -246.22% 293.24% -31.91% -100.78% -10,636.96% 226.28% 7.40% - -42,403.85%
Free Cash Flow Firm Q/Q Growth
66.40% -8.34% 310.57% 17.90% -78.03% -8.10% 309.35% -111.36% -335.77% - 20.33%
Invested Capital Q/Q Growth
-10.22% 2.56% 12.67% -9.41% -2.82% -1.82% 11.92% -0.12% -1.00% - 14.77%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
51.99% 18.72% 53.41% 54.36% 54.37% 22.61% 47.94% 49.18% 48.52% - 47.18%
EBITDA Margin
15.28% -2.78% 19.12% 17.53% 15.48% 1.96% 21.20% 17.25% 15.91% - 17.47%
Operating Margin
13.25% -5.98% 17.16% 15.50% 13.23% -1.17% 16.29% 15.25% 14.13% - 15.96%
EBIT Margin
13.09% -6.08% 17.11% 15.42% 13.16% -1.32% 19.11% 15.11% 13.86% - 15.72%
Profit (Net Income) Margin
9.61% -6.40% 11.95% 10.26% 8.91% -1.83% 14.08% 10.42% 7.30% - 10.78%
Tax Burden Percent
83.53% 73.08% 78.32% 76.79% 80.73% 44.94% 82.11% 80.14% 62.66% - 77.10%
Interest Burden Percent
87.91% 144.04% 89.20% 86.63% 83.85% 308.74% 89.72% 86.04% 84.08% - 88.95%
Effective Tax Rate
16.47% 0.00% 21.68% 23.21% 19.27% 0.00% 17.89% 19.86% 37.34% - 22.90%
Return on Invested Capital (ROIC)
18.53% -6.56% 18.19% 17.50% 17.00% -1.32% 19.11% 18.63% 13.96% - 17.76%
ROIC Less NNEP Spread (ROIC-NNEP)
16.53% -8.15% 16.87% 15.76% 15.12% -1.99% 19.69% 16.95% 12.55% - 16.61%
Return on Net Nonoperating Assets (RNNOA)
7.04% -4.92% 13.65% 10.31% 9.39% -1.56% 19.76% 15.20% 10.28% - 20.66%
Return on Equity (ROE)
25.56% -11.48% 31.85% 27.81% 26.39% -2.88% 38.87% 33.82% 24.24% - 38.42%
Cash Return on Invested Capital (CROIC)
8.72% 11.72% 16.17% 20.02% 13.10% 18.75% 17.61% 8.98% 6.98% - -0.43%
Operating Return on Assets (OROA)
14.67% -6.60% 17.09% 16.06% 14.21% -1.48% 19.70% 16.11% 15.12% - 16.39%
Return on Assets (ROA)
10.78% -6.94% 11.94% 10.68% 9.62% -2.06% 14.51% 11.11% 7.96% - 11.24%
Return on Common Equity (ROCE)
24.48% -10.92% 30.37% 26.53% 25.17% -2.75% 37.75% 32.84% 23.61% - 38.29%
Return on Equity Simple (ROE_SIMPLE)
24.42% 0.00% 21.45% 21.46% 21.25% 0.00% 27.72% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
66 -17 95 81 66 -3.65 94 88 58 -13 93
NOPAT Margin
11.06% -4.19% 13.44% 11.90% 10.68% -0.82% 13.37% 12.22% 8.85% - 12.30%
Net Nonoperating Expense Percent (NNEP)
2.00% 1.60% 1.32% 1.74% 1.88% 0.67% -0.58% 1.68% 1.41% - 1.15%
Return On Investment Capital (ROIC_SIMPLE)
- -1.08% - - - -0.23% 5.45% 5.06% 3.32% -0.73% 4.69%
Cost of Revenue to Revenue
48.01% 81.28% 46.59% 45.64% 45.63% 77.39% 52.06% 50.82% 51.48% - 52.82%
SG&A Expenses to Revenue
35.42% 19.60% 33.44% 35.98% 37.53% 19.33% 28.47% 30.81% 31.16% - 28.38%
R&D to Revenue
2.74% 4.25% 2.33% 2.36% 3.05% 3.67% 2.68% 2.63% 2.83% - 2.55%
Operating Expenses to Revenue
38.75% 24.70% 36.26% 38.86% 41.15% 23.78% 31.65% 33.93% 34.39% - 31.22%
Earnings before Interest and Taxes (EBIT)
78 -25 121 105 82 -5.88 134 109 91 -20 118
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
91 -12 135 120 96 8.74 149 124 105 -6.18 132
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.75 4.72 4.72 4.64 4.56 5.65 5.27 5.29 5.40 - 6.63
Price to Tangible Book Value (P/TBV)
21.11 40.16 32.92 35.85 35.21 196.63 106.31 64.53 40.53 - 58.93
Price to Revenue (P/Rev)
1.44 1.71 1.74 1.67 1.63 1.76 1.68 1.72 1.82 - 2.10
Price to Earnings (P/E)
15.47 20.55 21.64 21.11 20.89 20.17 18.21 18.60 20.71 - 32.09
Dividend Yield
1.46% 1.25% 1.22% 1.29% 1.32% 1.21% 1.28% 1.24% 1.17% - 1.03%
Earnings Yield
6.47% 4.87% 4.62% 4.74% 4.79% 4.96% 5.49% 5.38% 4.83% - 3.12%
Enterprise Value to Invested Capital (EV/IC)
2.69 3.08 2.89 2.99 3.00 3.36 2.98 3.06 3.25 - 3.41
Enterprise Value to Revenue (EV/Rev)
1.68 2.00 2.10 1.97 1.90 2.06 2.05 2.07 2.15 - 2.52
Enterprise Value to EBITDA (EV/EBITDA)
11.10 14.21 15.10 14.12 13.58 14.07 13.43 13.63 14.02 - 18.56
Enterprise Value to EBIT (EV/EBIT)
12.84 16.83 18.00 16.91 16.29 16.75 15.91 16.16 16.50 - 22.01
Enterprise Value to NOPAT (EV/NOPAT)
15.66 20.30 22.17 20.96 20.44 20.59 20.48 20.47 22.14 - 28.55
Enterprise Value to Operating Cash Flow (EV/OCF)
14.10 12.81 14.44 13.32 14.36 20.66 21.43 29.53 28.00 - 38.46
Enterprise Value to Free Cash Flow (EV/FCFF)
32.28 26.72 17.55 14.46 23.11 17.68 16.62 35.16 48.47 - 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.61 0.77 0.93 0.83 0.81 0.96 1.20 1.15 1.05 - 1.39
Long-Term Debt to Equity
0.22 0.74 0.90 0.80 0.78 0.94 1.18 1.12 1.03 - 1.36
Financial Leverage
0.43 0.60 0.81 0.65 0.62 0.79 1.00 0.90 0.82 - 1.24
Leverage Ratio
2.13 2.32 2.45 2.34 2.39 2.56 2.78 2.71 2.63 - 3.11
Compound Leverage Factor
1.87 3.34 2.19 2.02 2.00 7.90 2.49 2.33 2.21 - 2.76
Debt to Total Capital
37.84% 43.44% 48.20% 45.28% 44.64% 48.94% 54.63% 53.41% 51.28% - 58.20%
Short-Term Debt to Total Capital
24.20% 1.82% 1.74% 1.44% 1.34% 0.70% 1.05% 1.23% 1.33% - 1.45%
Long-Term Debt to Total Capital
13.64% 41.62% 46.46% 43.84% 43.30% 48.24% 53.58% 52.18% 49.95% - 56.75%
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
2.91% 3.01% 2.53% 2.72% 2.52% 2.04% 0.23% 0.28% 0.26% - 0.08%
Common Equity to Total Capital
59.26% 53.54% 49.27% 52.00% 52.83% 49.02% 45.14% 46.31% 48.47% - 41.72%
Debt to EBITDA
1.62 2.09 2.59 2.25 2.15 2.12 2.53 2.47 2.33 - 3.25
Net Debt to EBITDA
1.46 1.90 2.45 2.01 1.86 1.98 2.42 2.31 2.10 - 3.10
Long-Term Debt to EBITDA
0.58 2.00 2.50 2.18 2.08 2.09 2.48 2.41 2.27 - 3.17
Debt to NOPAT
2.28 2.99 3.81 3.34 3.23 3.11 3.85 3.70 3.68 - 5.00
Net Debt to NOPAT
2.07 2.71 3.59 2.98 2.80 2.89 3.68 3.46 3.32 - 4.77
Long-Term Debt to NOPAT
0.82 2.86 3.67 3.23 3.14 3.06 3.78 3.62 3.59 - 4.87
Altman Z-Score
3.41 3.35 3.44 3.43 3.33 3.38 3.19 3.26 3.50 - 3.50
Noncontrolling Interest Sharing Ratio
4.25% 4.90% 4.64% 4.61% 4.62% 4.71% 2.88% 2.91% 2.60% - 0.34%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.21 2.21 2.69 2.28 2.10 2.06 2.21 2.25 2.42 - 2.87
Quick Ratio
0.39 0.45 1.07 0.86 0.71 0.46 0.89 0.83 0.79 - 1.12
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-68 -74 155 183 40 37 151 -17 -75 -183 -145
Operating Cash Flow to CapEx
1,166.23% 227.43% -1,505.37% 1,426.58% 706.01% -3.49% -1,067.69% 1,093.87% 622.52% - -748.60%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 11.85 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 -8.38 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -8.93 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.12 1.09 1.00 1.04 1.08 1.12 1.03 1.07 1.09 - 1.04
Accounts Receivable Turnover
7.32 11.40 5.34 5.95 6.90 11.71 5.21 5.92 6.92 - 5.31
Inventory Turnover
2.16 1.96 1.94 2.16 2.20 2.13 2.36 2.53 2.59 - 2.46
Fixed Asset Turnover
9.45 8.66 8.68 8.46 8.27 7.91 8.01 7.97 7.73 - 7.68
Accounts Payable Turnover
7.31 7.95 7.29 7.84 7.44 8.44 7.51 7.64 8.00 - 7.46
Days Sales Outstanding (DSO)
49.84 32.03 68.37 61.38 52.93 31.17 70.11 61.65 52.76 - 68.72
Days Inventory Outstanding (DIO)
169.07 186.59 188.60 168.80 166.03 171.31 154.51 144.21 141.05 - 148.62
Days Payable Outstanding (DPO)
49.95 45.92 50.09 46.56 49.04 43.25 48.62 47.75 45.60 - 48.91
Cash Conversion Cycle (CCC)
168.96 172.70 206.88 183.62 169.93 159.23 176.00 158.12 148.21 - 168.43
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,510 1,549 1,745 1,581 1,536 1,508 1,688 1,686 1,669 1,678 1,926
Invested Capital Turnover
1.67 1.57 1.35 1.47 1.59 1.61 1.43 1.52 1.58 - 1.44
Increase / (Decrease) in Invested Capital
134 56 -60 -101 26 -41 -57 105 133 170 238
Enterprise Value (EV)
4,064 4,762 5,035 4,721 4,613 5,065 5,022 5,157 5,421 - 6,575
Market Capitalization
3,483 4,078 4,174 4,004 3,941 4,322 4,115 4,279 4,604 - 5,474
Book Value per Share
$13.95 $13.22 $13.92 $13.69 $13.98 $12.59 $13.02 $13.76 $14.53 $13.36 $14.09
Tangible Book Value per Share
$2.48 $1.55 $2.00 $1.77 $1.81 $0.36 $0.65 $1.13 $1.94 $0.82 $1.59
Total Capital
1,567 1,614 1,794 1,661 1,635 1,561 1,728 1,746 1,759 1,728 1,978
Total Debt
593 701 864 752 730 764 944 933 902 943 1,151
Total Long-Term Debt
214 672 833 728 708 753 926 911 878 926 1,122
Net Debt
536 636 816 672 631 711 904 872 812 893 1,099
Capital Expenditures (CapEx)
15 33 7.28 15 20 32 11 14 26 23 19
Debt-free, Cash-free Net Working Capital (DFCFNWC)
500 509 721 558 493 459 628 604 587 562 820
Debt-free Net Working Capital (DFNWC)
557 575 770 638 592 512 669 664 677 612 872
Net Working Capital (NWC)
177 546 738 614 570 501 651 643 653 595 843
Net Nonoperating Expense (NNE)
8.61 9.14 11 11 11 4.51 -4.97 13 10 22 11
Net Nonoperating Obligations (NNO)
536 636 816 672 631 711 904 872 812 893 1,099
Total Depreciation and Amortization (D&A)
13 14 14 14 14 15 15 15 13 13 13
Debt-free, Cash-free Net Working Capital to Revenue
20.68% 21.39% 29.99% 23.27% 20.32% 18.68% 25.61% 24.26% 23.24% - 31.45%
Debt-free Net Working Capital to Revenue
23.03% 24.14% 32.02% 26.62% 24.40% 20.84% 27.27% 26.68% 26.78% - 33.43%
Net Working Capital to Revenue
7.34% 22.90% 30.72% 25.62% 23.50% 20.40% 26.53% 25.81% 25.86% - 32.33%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.86 ($0.36) $1.36 $1.12 $0.89 $0.01 $1.62 $1.26 $0.81 ($0.56) $1.36
Adjusted Weighted Average Basic Shares Outstanding
66.90M 67.06M 64.62M 63.94M 62.89M 63.35M 61.33M 60.16M 59.88M 60.30M 59.85M
Adjusted Diluted Earnings per Share
$0.85 ($0.36) $1.35 $1.11 $0.89 $0.02 $1.62 $1.25 $0.81 ($0.57) $1.36
Adjusted Weighted Average Diluted Shares Outstanding
67.34M 67.52M 64.89M 64.16M 63.17M 63.65M 61.48M 60.33M 60.16M 60.57M 60.01M
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
65.38M 63.49M 63.07M 61.81M 60.80M 59.93M 58.77M 58.66M 58.66M 58.56M 58.55M
Normalized Net Operating Profit after Tax (NOPAT)
66 -17 95 81 66 -3.65 94 88 58 -13 93
Normalized NOPAT Margin
11.06% -4.19% 13.44% 11.90% 10.68% -0.82% 13.37% 12.22% 8.85% - 12.30%
Pre Tax Income Margin
11.51% -8.76% 15.26% 13.36% 11.04% -4.08% 17.15% 13.00% 11.66% - 13.98%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 9.26 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 7.27 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 8.70 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 6.71 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
23.23% 26.42% 27.86% 28.67% 29.23% 26.90% 25.17% 24.79% 25.90% - 33.82%
Augmented Payout Ratio
135.98% 194.64% 160.43% 173.44% 177.28% 112.51% 106.14% 126.75% 127.77% - 143.58%

Financials Breakdown Chart

Key Financial Trends

Here is a concise, investor-focused snapshot of Acushnet (NYSE: GOLF) using the last four years of quarterly financial data provided. The focus is on trends in revenue, profitability, cash flow, and balance sheet health that may interest retail investors.

  • Operating cash flow from continuing operations turned robust in the 2025 mid-year quarters (Q2 2025: about $151.9M; Q3 2025: about $163.1M), signaling improved cash generation from core activities.
  • Several 2025 quarters posted positive net income, including Q1 2025 (~$99.0M), Q2 2025 (~$75.1M), and Q3 2025 (~$48.0M), indicating solid profitability in multiple periods.
  • Dividend per share remained at a steady $0.235, providing consistent income for shareholders.
  • Net change in cash in some 2025 quarters was positive (e.g., Q3 2025: +$29.4M), reflecting overall cash balance growth in parts of the year.
  • The balance sheet shows a solid base: total assets around $2.35B and total equity around $0.85B in mid-2025, suggesting a stable capital structure to support ongoing operations and shareholder returns.
  • Seasonality tends to produce stronger results earlier in the year and softer results in Q4, a pattern that can create quarterly variability in revenue and earnings.
  • Debt activity in 2025 includes large debt issuance followed by sizable repayments, reflecting ongoing liquidity management and refinancing activity rather than a persistent increase in leverage.
  • Investing cash flow has been consistently negative (due to capex and acquisitions in some quarters), which is common for brands investing in growth and product development; magnitude varies by quarter.
  • Q4 2025 showed a net loss, with negative quarterly profitability (net income around -$34.98M), highlighting quarterly earnings volatility.
  • Q1 2025 also saw negative operating cash flow in some periods, underscoring working capital swings that can pressure near-term cash generation.
05/11/26 09:26 PM ETAI Generated. May Contain Errors.

Acushnet Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Acushnet's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Acushnet's net income appears to be on an upward trend, with a most recent value of $187.16 million in 2025, rising from $4.16 million in 2015. The previous period was $201.84 million in 2024. Find out what analysts predict for Acushnet in the coming months.

Acushnet's total operating income in 2025 was $299.43 million, based on the following breakdown:
  • Total Gross Profit: $1.22 billion
  • Total Operating Expenses: $921.83 million

Over the last 10 years, Acushnet's total revenue changed from $1.50 billion in 2015 to $2.56 billion in 2025, a change of 70.2%.

Acushnet's total liabilities were at $1.56 billion at the end of 2025, a 12.6% increase from 2024, and a 8.6% increase since 2015.

Over the last 10 years, Acushnet's book value per share changed from 10.06 in 2015 to 13.36 in 2025, a change of 32.8%.



Financial statements for NYSE:GOLF last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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