Acushnet

GOLF Consumer Cyclical Leisure

Acushnet’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 4.14% from fiscal 2024. In the quarter to June 2026, revenue grew 13.8%, EPS grew 65.9%, free cash flow grew 68.9% and total debt rose 2.95%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

80.25 0.79 +0.99%
Market cap
$4.6B
P/E
21.8×
Fwd P/E
24.0×
Dividend yield
1.25%
F-score
6/9
Altman Z
3.76
Beneish M
−2.48
Dividend safety
66/100

Insider Decisions trades per month

Total sells 9.15
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 1 — — 3 — 1 1 — — — —
Insider Ownership 54.81%

Capital & Financial Ratios $m

Market Cap 4,640.00
Revenue 2,707.81
Net Income 219.54
Free Cash Flow 183.74
Net Debt 892.13
Current Ratio 2.55 (at or above 1.5: strong)
Debt/Equity 1.04
P/E ratio 21.81
Fwd P/E 24.00
P/S ratio 1.77
P/B ratio 5.18
Past 5Y EPS Growth 19.43% (at or above 15%: strong)
This Y EPS Growth 28.89% (at or above 15%: strong)
Next Y EPS Growth 2.64%
Next Y revenue growth 4.43%
Next 5Y EPS Growth 12.09%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 68.62%
10-year low 10-year high
P/S against its own 10 years 70.66%
10-year low 10-year high
P/B against its own 10 years 83.11%
10-year low 10-year high
EV/Sales against its own 10 years 79.80%
10-year low 10-year high
EV/FCF against its own 10 years 73.59%
10-year low 10-year high

Dividends

Payout Ratio 0.27
Annual Dividend Rate 1.00
Annual Dividend Yield 1.25%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.94
0.26
0.26
0.26
2025 0.91
0.24
0.24
0.25
0.24
0.24
2024 0.86
0.22
0.22
0.22
0.22
2023 0.78
0.20
0.20
0.20
0.20
2022 0.72
0.18
0.18
0.18
0.18
2021 0.66
0.17
0.17
0.17
0.17
2020 0.62
0.16
0.16
0.16
0.16
2019 0.56
0.14
0.14
0.14
0.14
2018 0.52
0.13
0.13
0.13
0.13
2017 0.48
0.12
0.12
0.12
0.12
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 65 53 50 68
Receivables 201 218 217 489
Inventory 616 576 609 532
Other — — — —
997 974 1,025 1,269
2023 2024 2025 Q'26
Payables 151 150 157 196
ST’ Debt 29 11 17 24
Other — — — —
451 473 430 498

Compound Annual Growth %

10y 5y 3y
Sales 5.46% 9.68% 4.07%
Cash Flow 7.79% (5.97%) 0.00%
Earnings 0.00% 14.45% (1.83%)
Book Value 15.01% (5.09%) (7.08%)

Revenue $m

Mar Jun Sep Dec Year
’26 753 820 — — —
’25 703 720 658 477 2,559
’24 708 684 621 445 2,457
’23 686 689 593 413 2,382
’22 606 659 558 447 2,270
’21 581 625 522 421 2,148
’20 409 300 483 420 1,612
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (144) 251 — — —
’25 (120) 152 163 0 194
’24 (110) 212 144 (1) 245
’23 (86) 206 177 75 372
’22 (164) 73 32 (9) (68)
’21 (30) 182 128 34 314
’20 (73) 72 168 97 264
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (163) 233 — — —
’25 (132) 138 137 (23) 120
’24 (117) 197 124 (33) 170
’23 (120) 188 162 42 271
’22 (176) 65 18 (101) (194)
’21 (36) 176 121 16 277
’20 (78) 67 163 88 240
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.36 2.08 — — —
’25 1.62 1.25 0.81 (0.58) 3.11
’24 1.35 1.11 0.89 (0.02) 3.37
’23 1.36 1.09 0.85 (0.41) 2.94
’22 1.10 0.91 0.72 0.00 2.75
’21 1.13 1.08 0.52 (0.36) 2.38
’20 0.12 0.03 0.84 0.29 1.28
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 16.90 15.16 17.55 20.75 20.65 38.57 37.46 42.45 58.54 55.31

Analyst estimates 2026–2028

Powerpack
High 22.31 21.48 27.87 32.96 42.57 57.87 53.94 64.81 76.59 86.19
People
People Employees 5,208 5,230 5,209 5,213 5,365 6,500 7,300 7,300 7,300 7,300
Revenue/emp, $m 0.30 0.30 0.31 0.32 0.30 0.33 0.31 0.33 0.34 0.35
Income, $m
Income, $m Revenue 1,572 1,560 1,634 1,681 1,612 2,148 2,270 2,382 2,457 2,559
Gross margin, % 50.82 51.39 51.56 51.88 51.47 52.07 46.19 47.02 48.34 47.73
EBT 89 152 150 165 113 248 259 242 250 240
EBT margin, % 5.67 9.72 9.20 9.82 7.01 11.54 11.43 10.14 10.16 9.36
Net income 50 103 103 125 100 184 205 199 202 187
Depreciation 48 42 42 45 47 43 44 52 58 57
Per share, $
Per share, $ Revenue 50.32 20.97 21.85 22.29 21.64 28.82 31.55 35.52 38.79 42.43
Earnings 0.74 1.24 1.34 1.61 1.29 2.40 2.77 2.96 3.38 3.13
Cash flow 3.34 (0.36) 2.19 1.78 3.55 4.21 (0.94) 5.54 3.87 3.22
Capex (0.61) (0.25) (0.44) (0.44) (0.33) (0.50) (1.76) (1.50) (1.18) (1.23)
Free cash flow 2.72 (0.62) 1.75 1.34 3.22 3.71 (2.70) 4.04 2.69 1.99
Book value 24.60 11.48 12.40 12.61 13.66 14.49 13.57 13.47 12.52 12.99
Shares, m 31 74 75 75 74 75 72 67 63 60
Valuation, ×
Valuation, × P/E 9.78 15.64 15.84 20.19 31.43 22.12 15.67 21.90 21.22 25.67
P/S 0.39 0.99 0.96 1.46 1.87 1.84 1.36 1.79 1.83 1.88
P/B 0.79 1.82 1.70 2.58 2.97 3.66 3.15 4.73 5.68 6.14
EV/Sales 0.60 1.26 1.18 1.68 1.99 1.86 1.58 2.06 2.12 2.23
EV/FCF 11.04 (42.88) 14.72 27.82 13.36 14.43 (27.78) 18.10 35.89 60.19
Cash, $m
Cash, $m Operating cash flow 104 (27) 164 134 264 314 (68) 372 245 194
Capex (19) (19) (33) (33) (25) (38) (126) (101) (75) (74)
Free cash flow 85 (46) 131 101 240 277 (194) 271 170 120
Balance, $m
Balance, $m Working capital 202 380 369 384 442 486 510 546 501 595
Total debt 410 464 383 402 334 315 568 701 764 943
Net debt 330 416 352 368 182 33 509 636 711 893
Shareholders’ equity 769 854 927 951 1,017 1,080 977 903 793 784
Returns, %
Returns, % ROA 1.33 5.69 5.83 6.90 5.21 9.24 9.49 9.04 9.79 8.34
ROIC 8.10 8.36 8.42 8.80 7.58 14.58 11.84 11.59 12.64 11.16
ROE 4.82 12.16 11.22 12.89 9.76 17.06 19.38 21.11 25.27 23.92
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Acushnet vs peers in Leisure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HAS Hasbro, Inc. $13.9B 17.5× 14.6× +16.19% (above 0%: growing) n/m +871.05% (above 0%: growing) 76.10% 22.16% Compare
LTH Life Time Group Holdings, Inc. $9.1B 21.4× 21.4× +13.73% (above 0%: growing) +39.39% (above 0%: growing) −104.14% (below 0%: shrinking) 47.61% 17.29% Compare
MAT Mattel, Inc. $5.0B 12.5× 8.6× +10.48% (above 0%: growing) n/m +29.42% (above 0%: growing) 48.17% 0.97% Compare
GOLF Acushnet $4.6B 21.8× 24.0× +13.81% (above 0%: growing) +65.87% (above 0%: growing) +68.88% (above 0%: growing) 54.37% 21.54%
PLNT Planet Fitness, Inc. $3.7B 17.3× 17.5× +7.14% (above 0%: growing) +26.09% (above 0%: growing) −35.08% (below 0%: shrinking) 82.34% 33.90% Compare
YETI YETI Holdings, Inc. $3.1B 18.5× 19.1× +8.52% (above 0%: growing) +53.23% (above 0%: growing) −18.84% (below 0%: shrinking) 66.66% 19.33% Compare
CALY Callaway Golf Company $2.5B 28.2× 24.7× +1.97% (above 0%: growing) +281.82% (above 0%: growing) +101.95% (above 0%: growing) 50.10% 18.75% Compare
OSW OneSpaWorld Holdings Limited $2.4B 29.8× 26.8× +8.52% (above 0%: growing) +21.05% (above 0%: growing) +76.52% (above 0%: growing) 17.06% 9.38% Compare
PTON Peloton Interactive, Inc. $2.3B 37.3× 20.9× +0.15% (above 0%: growing) +180.00% (above 0%: growing) −21.00% (below 0%: shrinking) 56.66% 13.38% Compare
Median of peers $3.4B 20.0× 20.0× +8.52% +46.31% +5.29% 53.38% 18.02%

All 32 Leisure stocks →

Acushnet (GOLF) key facts

  • Strength: Acushnet’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 4.14% from fiscal 2024.
  • Acushnet (GOLF) is a Leisure company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, GOLF traded at $80.25, a market capitalization of $4.6 billion.
  • Acushnet pays an annual dividend of $1.00 per share, a yield of 1.25%, with a payout ratio of 27.3%.
  • Return on equity was 23.9% and debt-to-equity 1.04.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.76 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Acushnet (GOLF) Latest News

10 May

28 Feb

stockrow.com/GOLF · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com