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CALY · NYSE · United States · Sporting & Athletic Goods, Nec
In shortCallaway Golf Co is loss-making, generates cash and carries moderate debt, with revenue stable (−0.8% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.2% | 37/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -19.9% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -18.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.9% | 19/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.36× | 47/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.68× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.94× | 30/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.11× | 6/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.54 | 11/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 14.7% | 79/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 53.1% | 0/100 |
| Operating margin volatility | 1.2% | 98/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -19.8% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,133 | 3,996 | 2,133 | 2,078 | 2,060 |
| Cost of revenue | – | – | 1,206 | 1,191 | 1,193 |
| Gross profit | – | – | 927 | 887 | 868 |
| Research & development | 68 | 76 | 62 | 64 | 66 |
| Selling, general & admin | 850 | 971 | 671 | 670 | 674 |
| Operating income | 205 | 257 | 194 | 153 | 128 |
| Interest expense | 116 | 143 | 210 | 63 | 61 |
| Pre-tax income | 351 | 142 | 130 | 112 | 88 |
| Income tax | 29 | (16) | 30 | 18 | 49 |
| Net income | 322 | 158 | 95 | (1,448) | (409) |
| Diluted EPS | $1.82 | $0.82 | $0.50 | −$7.23 | −$2.20 |
| Diluted shares (millions) | 177 | 201 | 201 | 199 | 186 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.54 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 4, 2026