0R15 8432.9941 0.3331% 0R1E 7697.9961 -2.8767% 0M69 None None% 0R2V 220.12 9997.2477% 0QYR 1224.0 -0.6897% 0QYP 408.94 -0.0147% 0RUK 2670.0 -8.6242% 0RYA 1370.0 9.6% 0RIH 162.15 0.0% 0RIH 156.61 -3.4166% 0R1O 173.7 9825.7143% 0R1O None None% 0QFP 10659.5596 111.4992% 0M2Z 282.6 2.979% 0VSO 27.48 -22.8198% 0R1I None None% 0QZI 512.5 -2.1947% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 153.89 -0.7737%

Callaway Golf Company

Consumer Cyclical US MODG

10.06USD
0.02(0.20%)

Last update at 2024-08-30T20:12:00Z

Day Range

9.9010.28
LowHigh

52 Week Range

9.8425.96
LowHigh

Fundamentals

  • Previous Close 10.04
  • Market Cap2631.21M
  • Volume4367757
  • P/E Ratio26.91
  • Dividend Yield0.20%
  • EBITDA482.10M
  • Revenue TTM4239.00M
  • Revenue Per Share TTM22.90
  • Gross Profit TTM 1339.70M
  • Diluted EPS TTM0.53

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 141.90M 350.64M -127.47800M 95.77M 131.27M
Minority interest - 0.00000M 0.00000M -0.17900M 9.73M
Net income 157.90M 321.99M -126.93400M 79.41M 104.74M
Selling general administrative 2047.50M 1581.22M 150.72M 145.30M 100.47M
Selling and marketing expenses -1076.90000M - 391.81M 438.24M 308.71M
Gross profit 2411.10M 1863.31M 657.59M 766.79M 578.37M
Reconciled depreciation 192.80M 155.82M 39.51M 34.95M 19.95M
Ebit 256.80M -47.81600M 243.02M 132.67M 128.44M
Ebitda 477.50M 108.01M 282.53M 167.62M 148.39M
Depreciation and amortization 220.70M 155.82M 39.51M 34.95M 19.95M
Non operating income net other 27.90M 261.49M 25.46M 2.40M 8.37M
Operating income 256.80M -47.81600M 243.02M 132.67M 128.44M
Other operating expenses 3738.90M 2928.73M 1520.71M 1568.39M 1114.39M
Interest expense 142.80M 115.56M 47.42M 39.30M 5.54M
Tax provision -16.00000M 28.65M -0.54400M 16.54M 26.02M
Interest income - 252.53M 0.49M 0.81M 0.59M
Net interest income -142.80000M -115.56500M -46.93200M -38.49300M -4.94900M
Extraordinary items - - - - -
Non recurring - - 174.27M - -
Other items - - - - -
Income tax expense -16.00000M 28.65M -0.54400M 16.54M 26.02M
Total revenue 3995.70M 3133.45M 1589.46M 1701.06M 1242.83M
Total operating expenses 2154.30M 1658.60M 588.83M 634.12M 449.93M
Cost of revenue 1584.60M 1270.14M 931.88M 934.28M 664.47M
Total other income expense net -114.90000M 398.46M -370.50100M -36.89900M 2.83M
Discontinued operations - - - - -
Net income from continuing ops 157.90M 321.99M -126.93400M 79.23M 105.25M
Net income applicable to common shares 157.90M 321.99M -126.93400M 79.41M 104.74M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 8590.40M 7747.78M 1980.60M 1960.55M 1052.94M
Intangible assets 1503.70M 1528.64M 541.00M 697.17M 280.51M
Earning assets - - - - -
Other current assets 193.10M 173.58M 55.48M 85.59M 51.49M
Total liab 4816.10M 4064.88M 1304.96M 1193.19M 318.64M
Total stockholder equity 3774.30M 3682.90M 675.64M 767.35M 724.57M
Deferred long term liab 117.50M 163.59M 58.63M 73.48M 1.35M
Other current liab 626.50M 199.55M 46.21M 68.63M 2.41M
Common stock 1.90M 1.86M 0.96M 0.96M 0.96M
Capital stock 1.90M 1.86M 0.96M 0.96M 0.96M
Retained earnings 852.50M 682.16M 360.23M 489.38M 413.80M
Other liab 142.20M 327.58M 85.12M 81.41M 8.18M
Good will 1983.70M 1960.07M 56.66M 203.74M 55.82M
Other assets 97.60M 257.42M 380.48M 89.78M 86.82M
Cash 180.20M 352.22M 366.12M 106.67M 63.98M
Cash and equivalents - - - - -
Total current liabilities 1176.20M 866.02M 391.27M 523.25M 303.24M
Current deferred revenue 94.90M 93.87M - - 51.87M
Net debt 2729.30M 2600.48M 528.75M 652.60M -23.68100M
Short term debt 295.70M 81.42M 66.31M 178.31M 40.30M
Short long term debt 219.30M 9.10M 36.73M 151.90M 42.71M
Short long term debt total 2909.50M 2952.70M 894.87M 759.27M 40.30M
Other stockholder equity 2981.40M 3026.22M 321.01M 299.44M 323.52M
Property plant equipment 1809.60M 2835.90M 146.50M 132.76M 88.47M
Total current assets 1518.90M 1165.75M 912.63M 789.35M 524.91M
Long term investments - 39.25M 111.44M 0.86M 72.24M
Net tangible assets 2382.40M 194.19M 312.64M 207.88M 444.07M
Short term investments - - 111.44M - -
Net receivables 167.30M 105.33M 138.48M 140.46M 71.37M
Long term debt 1176.30M 1485.91M 650.56M 443.26M 7.22M
Inventory 959.20M 533.46M 352.54M 456.64M 338.06M
Accounts payable 159.10M 491.18M 278.75M 276.30M 208.65M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - 9.73M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -61.50000M -27.34300M -6.54600M -22.42200M -13.70000M
Additional paid in capital - - - - -
Common stock total equity 1.90M 1.86M 0.96M 0.96M 0.96M
Preferred stock total equity - - - - -
Retained earnings total equity 852.50M 682.16M 360.23M 489.38M 413.80M
Treasury stock -31.30000M -25.38600M -25.93900M -24.16300M -17.72200M
Accumulated amortization - - - - -
Non currrent assets other 355.40M 257.42M 14.53M 17.09M 11.74M
Deferred long term asset charges - - - 73.95M -
Non current assets total 7071.50M 6582.03M 1067.97M 1171.20M 528.04M
Capital lease obligations 1513.90M 1457.69M 207.57M 164.11M -
Long term debt total 1176.30M 1025.28M 650.56M 443.26M 7.22M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -535.10000M -10.90400M -59.21200M -17.89700M -38.52500M
Change to liabilities 107.10M 156.98M -19.41200M 32.38M 26.54M
Total cashflows from investing activities -535.10000M -161.86400M -59.21200M -535.66600M -38.52500M
Net borrowings 293.00M -99.18400M 152.49M 543.24M -49.64100M
Total cash from financing activities 425.30M -124.07200M 96.07M 492.52M -75.07000M
Change to operating activities -121.50000M -89.44400M 97.88M -45.93900M -5.78100M
Net income 157.90M 321.99M -126.93400M 79.23M 105.25M
Change in cash -177.50000M -8.43100M 259.45M 42.69M -21.69300M
Begin period cash flow 357.70M 366.12M 106.67M 63.98M 85.67M
End period cash flow 180.20M 357.69M 366.12M 106.67M 63.98M
Total cash from operating activities -35.10000M 278.26M 228.24M 86.55M 92.28M
Issuance of capital stock - - - - -
Depreciation 192.80M 155.82M 39.51M 34.95M 19.95M
Other cashflows from investing activities -3.20000M 160.41M -19.95000M -463.06700M -1.70000M
Dividends paid 0.00000M -0.00300M -1.89100M -3.77600M 3.79M
Change to inventory -442.40000M -177.46700M 116.96M -33.95200M -78.01700M
Change to account receivables -75.60000M 38.19M 9.95M -44.47600M -2.10900M
Sale purchase of stock -35.80000M -38.13700M -22.21300M -28.07300M -22.45600M
Other cashflows from financing activities 531.40M -9.01800M -40.87700M -37.62900M -0.82100M
Change to netincome 49.90M -209.40700M 175.78M 15.38M 30.64M
Capital expenditures 535.50M 322.27M 39.26M 54.70M 36.83M
Change receivables -97.80000M 15.26M 9.95M -44.47600M -2.10900M
Cash flows other operating -12.40000M -20.45900M 21.86M -0.22000M -9.97500M
Exchange rate changes - - -5.63900M -0.71500M -0.38000M
Cash and cash equivalents changes -144.90000M -7.67900M 259.45M 42.69M -21.69300M
Change in working capital -539.70000M -89.44400M 97.88M -88.04500M -63.55700M
Stock based compensation 47.00M 38.69M 10.93M 12.90M 13.53M
Other non cash items 137.90M -157.20900M 219.36M 48.90M -4.59800M
Free cash flow -570.60000M -44.01700M 188.98M 31.85M 55.46M

Peer Comparison

Sector: Consumer Cyclical Industry: Leisure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MODG
Callaway Golf Company
0.02 0.20% 10.06 26.91 38.17 0.61 0.65 1.27 11.48
OLCLY
Oriental Land Co Ltd ADR
-0.11 0.40% 27.16 80.80 57.47 0.11 9.79 0.11 0.30
OLCLF
Oriental Land Co. Ltd
- -% 28.14 76.46 60.98 0.11 9.30 0.11 0.30
ANPDF
ANTA Sports Products Ltd
0.44 4.80% 9.70 21.93 15.13 0.49 4.06 0.42 1.76
ANPDY
ANTA Sports Products Ltd ADR
-0.87 0.36% 243.70 21.03 14.43 0.48 3.87 0.42 1.76

Reports Covered

Stock Research & News

Profile

Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates through three segments: Topgolf; Golf Equipment; and Active Lifestyle. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, 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 Active Lifestyle 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 and travel 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, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites. 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.

Callaway Golf Company

2180 Rutherford Road, Carlsbad, CA, United States, 92008

Key Executives

Name Title Year Born
Mr. Oliver G. Brewer III Pres, CEO & Director 1964
Mr. Brian P. Lynch Exec. VP, Chief Legal Officer & CFO 1962
Mr. Mark F. Leposky Exec. VP of Global Operations 1965
Mr. Glenn F. Hickey Exec. VP of Callaway Golf 1962
Mr. Arthur Francis Starrs III Chief Exec. Officer of Topgolf International 1977
Ms. Jennifer Thomas Sr. VP & Chief Accounting Officer 1976
Lauren Scott Director of Investor Relations NA
Ms. Rebecca A. Fine Exec. VP & Chief People Officer 1963
Mr. Neil Howie MD & Pres of Europe, Middle East & Africa 1963
Dr. Alan Hocknell Sr. VP of R&D 1972

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