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Acushnet Holdings Corp (GOLF) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · LEISURE · DATA UPDATED 2026-08-16

Acushnet Holdings Corp (GOLF) operates in the LEISURE industry and is headquartered in Fairhaven, United States with about 7,300 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, GOLF reported $2.6B in revenue and $189M in net income.

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Asia, Africa, Japan, Korea, and internationally. It operates through three segments: Titleist Golf Equipment, FootJoy Golf Wear, and Golf Wear.

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GOLF Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Total Revenue$2.7B$2.6B$2.5B$2.4B$2.3B$2.1B$1.6B$1.7B$1.6B$1.6B$1.6B$1.5B$1.5B$1.5B
Gross Profit$1.3B$1.2B$1.2B$1.3B$1.2B$1.1B$830M$872M$842M$801M$799M$776M$758M$733M
Gross Margin %49.1%47.3%48.3%52.6%51.9%52.1%51.5%51.9%51.6%51.3%50.8%51.6%49.3%49.6%
Operating Income (EBIT)$369M$295M$304M$285M$282M$260M$145M$186M$172M$166M$141M$118M$104M$115M
Operating Margin %13.6%11.5%12.4%12.0%12.4%12.1%9.0%11.0%10.5%10.7%9.0%7.8%6.8%7.8%
Net Income$220M$189M$214M$198M$199M$179M$96M$121M$100M$92M$45M($1M)$22M$20M
Net Margin %8.1%7.4%8.7%8.3%8.8%8.3%6.0%7.2%6.1%5.9%2.9%-0.1%1.4%1.3%
EBITDA$484M$354M$360M$337M$315M$296M$171M$228M$210M$209M$181M$136M$150M$150M
Earnings Per Share (EPS)$3.66$3.15$3.37$2.94$2.75$2.38$1.28$1.60$1.34$1.23$0.70$-0.01$1.29$1.17
Shares Outstanding (M)60M60M64M68M73M75M75M76M75M75M64M71M17M17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GOLF Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$820M$753M$477M$658M$720M$703M$445M$621M
Gross Profit$446M$354M$211M$319M$354M$337M$101M$337M
Gross Margin %54.4%46.9%44.1%48.5%49.2%47.9%22.6%54.4%
Operating Income (EBIT)$177M$122M($22M)$93M$110M$115M($5M)$82M
Operating Margin %21.5%16.2%-4.7%14.1%15.2%16.3%-1.2%13.2%
Net Income$125M$81M($35M)$49M$76M$99M($1M)$56M
Net Margin %15.2%10.8%-7.3%7.4%10.5%14.1%-0.2%9.1%
EBITDA$179M$131M$70M$104M$125M$149M$9M$96M
Earnings Per Share (EPS)$2.08$1.36$-0.58$0.80$1.24$1.62$-0.02$0.89
Shares Outstanding (M)60M60M60M61M61M61M62M63M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GOLF Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Cash from Operations (CFO)$270M$194M$245M$372M($68M)$314M$264M$134M$164M($27M)$105M$92M$54M$79M
Capital Expenditures (CapEx)$86M$74M$75M$101M$126M$38M$25M$33M$33M$19M$19M$23M$24M$46M
Free Cash Flow (FCF)$184M$120M$170M$271M($194M)$277M$240M$101M$131M($46M)$86M$69M$31M$32M
FCF Margin %6.8%4.7%6.9%11.4%-8.6%12.9%14.9%6.0%8.0%-2.9%5.5%4.6%2.0%2.2%
Dividends Paid$58M$56M$54M$52M$52M$49M$46M$43M$39M$36M$17M$14M$14M$14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GOLF Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$251M($144M)$0M$163M$152M($120M)($1M)$144M
Capital Expenditures (CapEx)$18M$19M$23M$26M$14M$11M$32M$20M
Free Cash Flow (FCF)$233M($163M)($23M)$137M$138M($132M)($33M)$124M
FCF Margin %28.4%-21.6%-4.9%20.8%19.1%-18.7%-7.5%19.9%
Dividends Paid$15M$16M$14M$14M$14M$15M$13M$13M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GOLF Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Assets$2.6B$2.3B$2.2B$2.2B$2.2B$2.0B$1.9B$1.8B$1.7B$1.7B$1.7B$1.8B$1.8B
Cash & Cash Equivalents$67.9B$50M$53M$65M$59M$282M$151M$34M$31M$48M$76M$54M$48M
Total Liabilities$1.7B$1.6B$1.4B$1.3B$1.2B$922M$849M$865M$765M$880M$967M$1.4B$1.4B
Total Debt (Short + Long-Term)$960M$968M$764M$701M$568M$315M$334M$402M$383M$464M$410M$835M$905M
Total Shareholders' Equity$924M$784M$765M$864M$939M$1.0B$984M$919M$895M$815M$736M$291M$288M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive GOLF viewer.

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