12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.7% per year over the past 5 years.
Net income has grown faster than revenue (14.5% vs 9.7% per year).
Operating margin has expanded, at 11.7% in the latest year.
Free cash flow has declined 12.9% per year over the past 5 years.
Financial health
Total debt ($949M) exceeds cash ($50M); net debt is $899M.
Total debt has grown faster than revenue (23.1% vs 9.7% per year).
Total debt is 2.7× EBITDA.
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 29.8% of earnings and 46.8% of free cash flow.
The dividend has grown 4.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.6B
$189M
47.7%
11.7%
$120M
$949M
$50M
2024
$2.5B
$214M
48.3%
12.4%
$170M
$768M
$53M
2023
$2.4B
$198M
47.0%
12.0%
$296M
$706M
$65M
2022
$2.3B
$199M
46.2%
12.4%
-$129M
$567M
$59M
2021
$2.1B
$179M
52.1%
12.1%
$277M
$315M
$282M
2020
$1.6B
$96M
51.5%
9.0%
$240M
$335M
$151M
2019
$1.7B
$121M
51.9%
11.0%
$101M
$404M
$34M
2018
$1.6B
$100M
51.6%
10.5%
$131M
$386M
$31M
2017
$1.6B
$99M
51.4%
10.9%
-$46M
$467M
$48M
2016
$1.6B
$45M
50.8%
9.1%
$85M
$413M
$79M
2015
—
-$966000
—
—
$69M
—
$59M
2014
—
$22M
—
—
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$753M
$81M
47.2%
16.0%
-$163M
$1.2B
$52M
Dec '25
$477M
-$35M
44.1%
-3.8%
-$23M
$949M
$50M
Sep '25
$658M
$49M
48.5%
14.1%
$137M
$902M
$89M
Jun '25
$720M
$76M
49.2%
15.2%
$138M
$933M
$60M
Mar '25
$703M
$99M
47.9%
16.3%
-$132M
$944M
$41M
Dec '24
$445M
-$1M
46.7%
-1.2%
-$33M
$768M
$53M
Sep '24
$621M
$56M
49.0%
13.2%
$124M
$730M
$99M
Jun '24
$684M
$71M
48.8%
15.5%
$197M
$752M
$80M
Mar '24
$708M
$88M
48.4%
17.2%
-$117M
$864M
$49M
Dec '23
$413M
-$27M
18.7%
-6.0%
$42M
$706M
$65M
Sep '23
$593M
$57M
52.0%
13.2%
$162M
$593M
$57M
Jun '23
$689M
$75M
53.5%
15.4%
$191M
$682M
$63M
Mar '23
$686M
$93M
53.3%
18.2%
-$98M
$829M
$57M
Dec '22
$447M
-$58000
50.0%
2.6%
-$36M
$567M
$59M
Sep '22
$558M
$52M
52.8%
13.6%
$18M
$434M
$108M
Jun '22
$659M
$66M
52.2%
13.4%
$65M
$395M
$109M
Mar '22
$606M
$81M
52.3%
17.4%
-$176M
$408M
$114M
Dec '21
$421M
-$26M
48.6%
-5.2%
$16M
$315M
$282M
Sep '21
$522M
$39M
51.5%
10.1%
$121M
$319M
$321M
Jun '21
$625M
$81M
53.5%
17.5%
$176M
$344M
$253M
Valuation over time
How the market has priced GOLF against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 14.7× (Mar '23) to 35.2× (Jun '26).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 2.6× (Jun '26).
The dividend yield has fallen from 1.8% (Mar '23) to 0.8% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is GOLF growing its revenue and profit?
Over the past 5 years, Acushnet Holdings Corp.'s revenue has grown 9.7% per year, and net income grown 14.5% per year. These are computed facts, not advice.
How much debt does GOLF have?
As of FY2025, Acushnet Holdings Corp. reported $949M of total debt against $50M of cash.
What is GOLF's profit margin?
In FY2025, gross margin was 47.7%, operating margin 11.7%, and net margin 7.4%.
What is GOLF's P/E ratio?
As of Jun '26, Acushnet Holdings Corp. traded at a price-to-earnings ratio of about 35.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.