Topgolf Callaway Brands Corp.

NYSE:MODG Stock Report

Market Cap: US$2.9b

Topgolf Callaway Brands Past Earnings Performance

Past criteria checks 1/6

Topgolf Callaway Brands has been growing earnings at an average annual rate of 16.9%, while the Leisure industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 27.6% per year. Topgolf Callaway Brands's return on equity is 2.4%, and it has net margins of 2.2%.

Key information

16.9%

Earnings growth rate

5.9%

EPS growth rate

Leisure Industry Growth16.9%
Revenue growth rate27.6%
Return on equity2.4%
Net Margin2.2%
Next Earnings Update08 May 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Topgolf Callaway Brands (NYSE:MODG) Shareholders

Feb 21
Earnings Troubles May Signal Larger Issues for Topgolf Callaway Brands (NYSE:MODG) Shareholders

Recent updates

Unpleasant Surprises Could Be In Store For Topgolf Callaway Brands Corp.'s (NYSE:MODG) Shares

Apr 13
Unpleasant Surprises Could Be In Store For Topgolf Callaway Brands Corp.'s (NYSE:MODG) Shares

Topgolf Callaway Brands: The Stock Is Attractive, Even Without A Buyout

Mar 21

Earnings Troubles May Signal Larger Issues for Topgolf Callaway Brands (NYSE:MODG) Shareholders

Feb 21
Earnings Troubles May Signal Larger Issues for Topgolf Callaway Brands (NYSE:MODG) Shareholders

Topgolf Callaway: Subpar Returns Heading Into Q4 Earnings

Feb 11

At US$13.79, Is It Time To Put Topgolf Callaway Brands Corp. (NYSE:MODG) On Your Watch List?

Feb 10
At US$13.79, Is It Time To Put Topgolf Callaway Brands Corp. (NYSE:MODG) On Your Watch List?

Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load

Jan 23
Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load

There's Reason For Concern Over Topgolf Callaway Brands Corp.'s (NYSE:MODG) Price

Dec 29
There's Reason For Concern Over Topgolf Callaway Brands Corp.'s (NYSE:MODG) Price

Topgolf Callaway: Balancing Challenges And Growth Potential Post-Merger

Nov 30

Is Topgolf Callaway Brands Corp. (NYSE:MODG) Potentially Undervalued?

Oct 29
Is Topgolf Callaway Brands Corp. (NYSE:MODG) Potentially Undervalued?

Is Topgolf Callaway Brands (NYSE:MODG) A Risky Investment?

Oct 07
Is Topgolf Callaway Brands (NYSE:MODG) A Risky Investment?

Topgolf Callaway Brands: Robust Financial Performance, Future Growth Driven By Changing Demographics

Sep 24

Topgolf Callaway Brands: An Initial Assessment

Aug 11

At US$19.56, Is Topgolf Callaway Brands Corp. (NYSE:MODG) Worth Looking At Closely?

Jul 21
At US$19.56, Is Topgolf Callaway Brands Corp. (NYSE:MODG) Worth Looking At Closely?

Topgolf Callaway Brands (NYSE:MODG) Has A Somewhat Strained Balance Sheet

Jun 29
Topgolf Callaway Brands (NYSE:MODG) Has A Somewhat Strained Balance Sheet

Topgolf Callaway: Management Is Betting Big For A Reason

Jun 26

Is Now The Time To Look At Buying Topgolf Callaway Brands Corp. (NYSE:MODG)?

Apr 22
Is Now The Time To Look At Buying Topgolf Callaway Brands Corp. (NYSE:MODG)?

We Think Topgolf Callaway Brands (NYSE:MODG) Is Taking Some Risk With Its Debt

Mar 31
We Think Topgolf Callaway Brands (NYSE:MODG) Is Taking Some Risk With Its Debt

Topgolf Callaway Brands: Still A Great Play, But Not As Great

Feb 26

Why Topgolf Callaway Brands Corp. (NYSE:MODG) Could Be Worth Watching

Jan 15
Why Topgolf Callaway Brands Corp. (NYSE:MODG) Could Be Worth Watching

Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load

Dec 28
Here's Why Topgolf Callaway Brands (NYSE:MODG) Is Weighed Down By Its Debt Load

Topgolf Callaway: A Great Long Term Investment

Dec 16

Is There Now An Opportunity In Topgolf Callaway Brands Corp. (NYSE:MODG)?

Oct 15
Is There Now An Opportunity In Topgolf Callaway Brands Corp. (NYSE:MODG)?

Topgolf Callaway: Unconventional Play In Leisure

Oct 05

Here's Why Topgolf Callaway Brands (NYSE:MODG) Has A Meaningful Debt Burden

Sep 27
Here's Why Topgolf Callaway Brands (NYSE:MODG) Has A Meaningful Debt Burden

Callaway Golf Stock: Still A Fantastic Prospect

Jul 19

Is Now An Opportune Moment To Examine Callaway Golf Company (NYSE:ELY)?

Jul 15
Is Now An Opportune Moment To Examine Callaway Golf Company (NYSE:ELY)?

Here's Why Callaway Golf (NYSE:ELY) Has A Meaningful Debt Burden

Jun 29
Here's Why Callaway Golf (NYSE:ELY) Has A Meaningful Debt Burden

An Intrinsic Calculation For Callaway Golf Company (NYSE:ELY) Suggests It's 40% Undervalued

Jun 13
An Intrinsic Calculation For Callaway Golf Company (NYSE:ELY) Suggests It's 40% Undervalued

Top Golf's Wide Moat Gives Callaway Upside

May 11

Does Callaway Golf (NYSE:ELY) Have A Healthy Balance Sheet?

Mar 28
Does Callaway Golf (NYSE:ELY) Have A Healthy Balance Sheet?

Why Callaway Golf Company (NYSE:ELY) Could Be Worth Watching

Mar 01
Why Callaway Golf Company (NYSE:ELY) Could Be Worth Watching

Callaway Golf: A Great Buying Opportunity Post Earnings

Feb 24

Why Netflix's PGA Docu-Series Will Boost Callaway Stock

Jan 16

Revenue & Expenses Breakdown
Beta

How Topgolf Callaway Brands makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:MODG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 234,285951,06390
30 Sep 234,239991,06488
30 Jun 234,1871081,04985
31 Mar 234,123961,02082
31 Dec 223,9961581,00176
30 Sep 223,85620498875
30 Jun 223,72415097471
31 Mar 223,52213692173
31 Dec 213,13332285968
30 Sep 212,79630874862
30 Jun 212,41537665456
31 Mar 211,79911756446
31 Dec 201,590-12754346
30 Sep 201,527-11652346
30 Jun 201,477-13753448
31 Mar 201,6276056751
31 Dec 191,7017955751
30 Sep 191,5708053549
30 Jun 191,4065949346
31 Mar 191,3569145244
31 Dec 181,24310540641
30 Sep 181,25411439839
30 Jun 181,23510739039
31 Mar 181,1437837037
31 Dec 171,0494136537
30 Sep 171,02118333735
30 Jun 1796517532635
31 Mar 1790617731934
31 Dec 1687119030833
30 Sep 168613630734
30 Jun 168493830034
31 Mar 168341729434
31 Dec 158441529733
30 Sep 15825329433
30 Jun 15818628532
31 Mar 15819-328331
31 Dec 148871629631
30 Sep 14880829131
30 Jun 14889-1430031
31 Mar 14907-830431
31 Dec 13843-2229131
30 Sep 13836-4429030
30 Jun 13805-11130030

Quality Earnings: MODG has a large one-off loss of $22.2M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: MODG's current net profit margins (2.2%) are lower than last year (4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MODG's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: MODG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MODG had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Leisure industry average (-39.8%).


Return on Equity

High ROE: MODG's Return on Equity (2.4%) is considered low.


Return on Assets


Return on Capital Employed


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