Topgolf Callaway (MODG) | Financial Analysis & Statements

Topgolf Callaway Brands Corp. | Small-cap | Consumer Cyclical

$9.08

-1.63%

Topgolf Callaway vs Amer Sports Topgolf Callaway vs Hasbro Topgolf Callaway vs OneSpaWorld Holdings Topgolf Callaway vs Madison Square Topgolf Callaway vs Lucky Strike Topgolf Callaway vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 4.2B

Gross Profit 2.7B 62.53%

Operating Income 209.6M 4.94%

Net Income -1.4B -34.15%

EPS (Diluted) -$7.88

Balance Sheet Metrics

Total Assets 7.6B

Total Liabilities 5.2B

Shareholders Equity 2.4B

Debt to Equity 2.17

Cash Flow Metrics

Operating Cash Flow -1.1B

Free Cash Flow 83.4M

Revenue & Profitability Trend

Topgolf Callaway Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	4.2B	4.3B	4.0B	3.1B	1.6B
Cost of Goods Sold	1.6B	1.6B	1.6B	1.3B	931.9M
Gross Profit	2.7B	2.7B	2.4B	1.9B	657.6M
Operating Expenses	2.4B	2.4B	2.1B	1.6B	588.8M
Operating Income	209.6M	263.6M	287.2M	214.1M	68.8M
Pre-tax Income	-1.5B	34.8M	141.9M	350.6M	-127.5M
Income Tax	-25.5M	-60.2M	-16.0M	28.6M	-600.0K
Net Income	-1.4B	95.0M	157.9M	322.0M	-126.9M
EPS (Diluted)	-$7.88	$0.50	$0.82	$1.82	-$1.35

Income Statement Trend

Topgolf Callaway Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	1.6B	1.6B	1.5B	1.2B	912.6M
Non-Current Assets	6.0B	7.5B	7.1B	6.6B	1.1B
Total Assets	7.6B	9.1B	8.6B	7.7B	2.0B
Liabilities
Current Liabilities	825.9M	947.6M	1.2B	866.0M	391.3M
Non-Current Liabilities	4.4B	4.3B	3.6B	3.2B	913.7M
Total Liabilities	5.2B	5.2B	4.8B	4.1B	1.3B
Equity
Total Shareholders Equity	2.4B	3.9B	3.8B	3.7B	675.6M

Balance Sheet Composition

Topgolf Callaway Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	-1.4B	95.0M	157.9M	322.0M	-126.9M
Operating Cash Flow	-1.1B	367.1M	-65.7M	224.2M	67.7M
Investing Activities
Capital Expenditures	600.0K	300.0K	0	0	49.0K
Investing Cash Flow	1.3M	-60.1M	400.0K	160.4M	-20.0M
Financing Activities
Dividends Paid	-	-	0	-3.0K	-1.9M
Financing Cash Flow	-23.7M	371.6M	424.6M	-146.4M	95.9M
Free Cash Flow	83.4M	-118.1M	-570.6M	-44.0M	189.0M

Cash Flow Trend

Topgolf Callaway Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 87.00

Forward P/E 52.56

Price to Book 0.64

Price to Sales 0.37

PEG Ratio 52.56

Profitability Ratios

Profit Margin -34.68%

Operating Margin 7.43%

Return on Equity -46.00%

Return on Assets 1.61%

Financial Health

Current Ratio 2.12

Debt to Equity 182.68

Beta 1.20

Per Share Data

EPS (TTM) -$7.91

Book Value per Share $13.21

Revenue per Share $22.80

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
modg	1.5B	87.00	0.64	-46.00%	-34.68%	182.68
Amer Sports	20.2B	98.43	3.87	4.53%	3.70%	29.33
Hasbro	9.6B	22.65	8.22	39.04%	9.99%	280.61
OneSpaWorld Holdings	2.0B	31.41	3.83	12.80%	7.41%	20.92
Madison Square	1.8B	14.13	191.24	-622.92%	13.50%	12,645.28
Lucky Strike	1.4B	-15.54	-15.49	185.06%	0.21%	-35.21

Financial data is updated regularly. All figures are in the company's reporting currency.