Financial Snapshot

Revenue
$2.425B
TTM
Gross Margin
53.24%
TTM
Net Earnings
$188.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
210.48%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$905.1M
Q3 2024
Cash
Q3 2024
P/E
24.20
Nov 29, 2024 EST
Free Cash Flow
$245.7M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $2.382B $2.270B $2.148B $1.612B $1.681B $1.634B $1.560B $1.572B $1.503B $1.538B $1.477B $1.451B $1.336B
YoY Change 4.92% 5.7% 33.23% -4.12% 2.92% 4.71% -0.76% 4.61% -2.25% 4.09% 1.8% 8.61%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $2.382B $2.270B $2.148B $1.612B $1.681B $1.634B $1.560B $1.572B $1.503B $1.538B $1.477B $1.451B $1.336B
Cost Of Revenue $1.129B $1.091B $1.029B $782.3M $809.1M $791.4M $758.4M $773.3M $727.1M $779.7M $744.1M $753.1M $762.2M
Gross Profit $1.253B $1.179B $1.118B $829.8M $872.2M $842.4M $801.9M $799.0M $775.8M $757.9M $733.1M $698.0M $573.9M
Gross Profit Margin 52.58% 51.94% 52.07% 51.47% 51.88% 51.56% 51.39% 50.82% 51.62% 49.29% 49.63% 48.1% 42.95%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $888.1M $833.4M $795.4M $610.6M $627.5M $611.9M $578.3M $600.1M $600.2M $599.5M $564.7M $567.0M $511.9M
YoY Change 6.57% 4.78% 30.27% -2.69% 2.55% 5.81% -3.63% -0.02% 0.12% 6.16% -0.41% 10.76%
% of Gross Profit 70.91% 70.67% 71.12% 73.58% 71.94% 72.64% 72.12% 75.11% 77.37% 79.1% 77.03% 81.23% 89.2%
Research & Development $64.84M $56.39M $55.34M $48.94M $51.60M $51.49M $47.24M $48.13M $46.00M $44.20M $42.20M $41.60M $37.70M
YoY Change 14.98% 1.91% 13.06% -5.15% 0.22% 8.99% -1.84% 4.62% 4.07% 4.74% 1.44% 10.34%
% of Gross Profit 5.18% 4.78% 4.95% 5.9% 5.92% 6.11% 5.89% 6.02% 5.93% 5.83% 5.76% 5.96% 6.57%
Depreciation & Amortization $51.36M $41.71M $41.24M $45.43M $43.00M $40.50M $40.87M $40.83M $41.70M $43.20M $39.40M $6.700M $3.000M
YoY Change 23.14% 1.12% -9.21% 5.64% 6.19% -0.92% 0.09% -2.08% -3.47% 9.64% 488.06% 123.33%
% of Gross Profit 4.1% 3.54% 3.69% 5.47% 4.93% 4.81% 5.1% 5.11% 5.38% 5.7% 5.37% 0.96% 0.52%
Operating Expenses $953.0M $889.8M $850.8M $659.5M $679.1M $663.4M $625.5M $648.2M $652.9M $650.4M $613.5M $615.3M $552.5M
YoY Change 7.1% 4.59% 28.99% -2.88% 2.37% 6.05% -3.5% -0.72% 0.38% 6.01% -0.29% 11.37%
Operating Profit $285.3M $281.5M $259.8M $145.5M $185.7M $172.3M $169.8M $142.5M $122.9M $107.5M $119.6M $82.70M $21.40M
YoY Change 1.34% 8.36% 78.62% -21.65% 7.73% 1.48% 19.18% 15.95% 14.33% -10.12% 44.62% 286.45%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$45.29M -$25.17M -$7.709M -$15.60M -$19.40M -$20.10M -$13.00M -$55.10M -$92.50M -$64.90M -$70.90M -$69.20M -$31.00M
YoY Change 79.94% 226.49% -50.58% -19.59% -3.48% 54.62% -76.41% -40.43% 42.53% -8.46% 2.46% 123.23%
% of Operating Profit -15.87% -8.94% -2.97% -10.72% -10.45% -11.66% -7.65% -38.67% -75.26% -60.37% -59.28% -83.68% -144.86%
Other Income/Expense, Net -$2.417M -$8.829M -$4.280M -$16.78M -$875.0K -$3.629M -$2.443M -$3.371M $3.200M -$500.0K -$6.300M $14.70M -$1.800M
YoY Change -72.62% 106.29% -74.49% 1817.26% -75.89% 48.55% -27.53% -205.34% -740.0% -92.06% -142.86% -916.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $241.6M $259.4M $247.8M $113.0M $165.2M $54.00M $61.16M -$3.995M $32.20M $42.10M $41.50M $25.70M -$24.70M
YoY Change -6.87% 4.69% 119.22% -31.55% 205.84% -11.7% -1630.86% -112.41% -23.52% 1.45% 61.48% -204.05%
Income Tax $42.99M $54.35M $63.58M $13.04M $40.60M $47.23M $48.48M $39.71M $28.00M $16.70M $17.20M $7.600M $4.500M
% Of Pretax Income 17.8% 20.95% 25.66% 11.53% 24.58% 87.46% 79.26% 86.96% 39.67% 41.45% 29.57%
Net Earnings $198.4M $199.3M $178.9M $96.01M $121.1M $99.87M $98.70M $45.01M -$1.000M $21.60M $19.60M $13.90M -$31.20M
YoY Change -0.43% 11.41% 86.31% -20.7% 21.23% 1.19% 119.26% -4601.2% -104.63% 10.2% 41.01% -144.55%
Net Earnings / Revenue 8.33% 8.78% 8.33% 5.96% 7.2% 6.11% 6.33% 2.86% -0.07% 1.4% 1.33% 0.96% -2.34%
Basic Earnings Per Share $2.96 $2.77 $2.40 $1.29 $1.61 $1.34 $1.33 $0.74
Diluted Earnings Per Share $2.94 $2.75 $2.38 $1.28 $1.60 $1.32 $1.32 $0.62 -$13.50K $291.5K $264.5K $187.6K -$421.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $63.74M $58.90M $281.7M $151.5M $34.20M $31.00M $47.70M $76.10M $54.40M $47.70M
YoY Change 8.2% -79.09% 85.93% 342.98% 10.32% -35.01% -37.32% 39.89% 14.05%
Cash & Equivalents $63.74M $58.90M
Short-Term Investments
Other Short-Term Assets $116.1M $108.8M $99.75M $89.20M $94.80M $85.70M $84.50M $87.70M $98.40M $100.3M
YoY Change 6.69% 9.07% 11.83% -5.91% 10.62% 1.42% -3.65% -10.87% -1.89%
Inventory $615.5M $674.7M $413.3M $357.7M $398.4M $361.2M $364.0M $323.3M $326.4M $291.1M
Prepaid Expenses
Receivables $201.4M $216.7M $174.4M $201.5M $215.4M $186.1M $190.9M $177.5M $192.4M $197.7M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $996.7M $1.059B $969.2M $799.8M $742.8M $664.0M $687.1M $664.5M $671.5M $636.8M
YoY Change -5.89% 9.28% 21.18% 7.67% 11.87% -3.36% 3.4% -1.04% 5.45%
Property, Plant & Equipment $384.2M $312.1M $277.6M $276.7M $276.0M $228.4M $228.9M $239.7M $254.9M $266.6M
YoY Change 23.11% 12.4% 0.34% 0.25% 20.84% -0.22% -4.51% -5.96% -4.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $53.11M $71.96M $83.25M $101.3M $103.4M $111.3M $133.3M $162.7M $151.9M $162.3M
YoY Change -26.19% -13.57% -17.81% -2.03% -7.1% -16.5% -18.07% 7.11% -6.41%
Total Long-Term Assets $1.200B $1.135B $1.037B $1.067B $1.074B $1.028B $1.047B $1.072B $1.088B $1.126B
YoY Change 5.75% 9.46% -2.83% -0.69% 4.53% -1.83% -2.32% -1.45% -3.41%
Total Assets $2.197B $2.194B $2.006B $1.867B $1.817B $1.692B $1.734B $1.736B $1.759B $1.763B
YoY Change
Accounts Payable $150.5M $167.0M $163.6M $112.9M $102.3M $86.00M $92.80M $87.60M $89.90M $94.00M
YoY Change -9.87% 2.07% 44.91% 10.36% 18.95% -7.33% 5.94% -2.56% -4.36%
Accrued Expenses $224.3M $300.0M $244.2M $183.4M $144.7M $133.4M $126.3M $270.2M $180.8M $126.3M
YoY Change -25.22% 22.84% 33.16% 26.74% 8.47% 5.62% -53.26% 49.45% 43.15%
Deferred Revenue
YoY Change
Short-Term Debt $29.00M $40.34M $116.0K $2.800M $54.10M $900.0K $20.40M $42.50M $51.60M $45.40M
YoY Change -28.11% 34672.41% -95.86% -94.82% 5911.11% -95.59% -52.0% -17.64% 13.66%
Long-Term Debt Due $878.0K $364.0K $17.78M $17.60M $17.50M $35.60M $26.70M $18.80M $402.6M $49.40M
YoY Change 141.21% -97.95% 1.01% 0.57% -50.84% 33.33% 42.02% -95.33% 714.98%
Total Short-Term Liabilities $451.1M $548.6M $483.0M $357.7M $359.1M $294.9M $306.8M $462.1M $755.6M $346.9M
YoY Change -17.77% 13.58% 35.04% -0.39% 21.77% -3.88% -33.61% -38.84% 117.81%
Long-Term Debt $671.8M $527.5M $297.4M $313.6M $330.7M $347.0M $417.0M $348.3M $394.5M $824.2M
YoY Change 27.36% 77.4% -5.18% -5.17% -4.7% -16.79% 19.72% -11.71% -52.14%
Other Long-Term Liabilities $153.8M $128.4M $136.9M $174.1M $170.8M $118.2M $146.9M $149.4M $277.2M $265.0M
YoY Change 19.75% -6.23% -21.34% 1.93% 44.5% -19.54% -1.67% -46.1% 4.6%
Total Long-Term Liabilities $825.6M $655.9M $434.3M $487.7M $501.5M $465.2M $563.9M $497.7M $671.7M $1.089B
YoY Change 25.87% 51.03% -10.95% -2.75% 7.8% -17.5% 13.3% -25.9% -38.33%
Total Liabilities $1.332B $1.255B $963.0M $882.6M $898.6M $796.7M $912.6M $1.000B $1.468B $1.475B
YoY Change 6.19% 30.3% 9.11% -1.78% 12.79% -12.7% -8.77% -31.85% -0.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $4.5645 Billion

About Acushnet Holdings Corp.

Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of performance-driven golf products. The company is headquartered in Fairhaven, Massachusetts and currently employs 7,300 full-time employees. The company went IPO on 2016-10-28. The Company’s segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear, and FootJoy golf wear. The Titleist golf balls segment is engaged in the design and manufacturing of a golf balls. The Titleist golf clubs segment designs, assembles, and sells golf clubs (drivers, fairways, hybrids, and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand. The Titleist golf gear segment includes golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy golf wear segment includes golf shoes, gloves, and apparel. The Company’s products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel. The company designs, manufactures, and markets a range of products under the Titleist, FootJoy and KJUS brands.

Industry: Sporting & Athletic Goods, NEC Peers: BRUNSWICK CORP Topgolf Callaway Brands Corp. HASBRO, INC. MALIBU BOATS, INC. MATTEL INC /DE/ PELOTON INTERACTIVE, INC. Polaris Inc. Vista Outdoor Inc. YETI Holdings, Inc.