GOLF - Acushnet Holdings Corp.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$94.75
DETAILS
HIGH:
$100.00
LOW:
$87.00
MEDIAN:
$96.00
CONSENSUS:
$94.75
UPSIDE:
7.15%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 2,558.7 | 2,457.1 | 2,382.0 | 2,270.3 | 2,147.9 | 1,612.2 | 1,681.4 | 1,633.7 | 1,560.3 | 1,572.3 | 1,503.0 | 1,537.6 | 1,477.2 |
| Cost of Revenue | 1,351.8 | 1,269.4 | 1,129.5 | 1,091.1 | 1,029.5 | 782.3 | 809.1 | 791.4 | 759.5 | 773.5 | 727.1 | 779.7 | 744.1 |
| Gross Profit | 1,209.4 | 1,187.7 | 1,252.5 | 1,179.2 | 1,118.4 | 829.8 | 872.2 | 842.4 | 800.8 | 798.7 | 775.8 | 757.9 | 733.1 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 76.5 | 67.8 | 64.8 | 56.4 | 55.3 | 48.9 | 51.6 | 51.5 | 48.1 | 48.8 | 46.0 | 44.2 | 42.2 |
| SG&A Expenses | 835.2 | 801.6 | 888.1 | 833.4 | 795.4 | 610.6 | 627.5 | 616.3 | 581.8 | 601.8 | 604.0 | 602.8 | 568.4 |
| Other Expenses | 0 | 14.0 | 14.2 | 7.9 | 7.9 | 24.8 | 7.5 | (3.6) | 1.3 | 0 | 0.2 | 0.8 | 0.1 |
| Operating Expenses | 911.7 | 883.5 | 967.2 | 897.7 | 858.6 | 684.4 | 686.6 | 670.0 | 634.5 | 656.2 | 656.6 | 653.7 | 617.3 |
| Operating Income | |||||||||||||
| Operating Income | 295.2 | 304.3 | 285.3 | 281.5 | 259.8 | 145.5 | 185.7 | 172.3 | 166.3 | 140.8 | 117.6 | 104.2 | 114.9 |
| Interest Expense | 59.4 | 54.7 | 43.6 | 14.0 | 6.7 | 12.8 | 19.5 | 19.2 | 16.9 | 51.3 | 62.0 | 64.5 | 68.7 |
| Interest Income | 1.1 | 1.2 | 1.7 | 0.7 | 0.6 | 0.5 | 0.8 | 1.2 | 1.2 | 1.4 | 1.7 | 0.9 | 0.6 |
| Profitability | |||||||||||||
| EBITDA | 350.5 | 360.3 | 336.6 | 315.2 | 295.8 | 171.3 | 227.6 | 210.0 | 209.5 | 181.3 | 135.8 | 149.7 | 149.6 |
| EBIT | 295.2 | 304.4 | 285.2 | 273.4 | 254.6 | 125.8 | 184.6 | 169.5 | 168.6 | 140.5 | 94.1 | 104.2 | 110.2 |
| Income Before Tax | 239.5 | 249.7 | 241.6 | 259.4 | 247.8 | 113.0 | 165.2 | 150.3 | 151.7 | 89.2 | 32.1 | 42.1 | 41.5 |
| Income Tax Expense | 52.4 | 47.8 | 43.0 | 54.4 | 63.6 | 13.0 | 40.6 | 47.2 | 55.1 | 39.7 | 28.0 | 16.7 | 17.1 |
| Net Income | 188.5 | 214.3 | 198.4 | 199.3 | 178.9 | 96.0 | 121.1 | 99.9 | 92.1 | 45.0 | (1.0) | 21.6 | 19.6 |
| Per Share Data | |||||||||||||
| EPS (Basic) | 3.12 | 3.38 | 2.96 | 2.77 | 2.40 | 1.29 | 1.61 | 1.34 | 1.33 | 0.74 | -0.01 | 0.23 | 1.17 |
| EPS (Diluted) | 3.10 | 3.37 | 2.94 | 2.75 | 2.38 | 1.28 | 1.60 | 1.34 | 1.32 | 0.62 | -0.01 | 0.23 | 1.17 |
| Shares Outstanding | 59.9 | 63.3 | 67.1 | 72.0 | 74.5 | 74.5 | 75.4 | 74.8 | 74.4 | 64.3 | 71.0 | 16.7 | 16.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 50.1 | 53.1 | 65.4 | 58.9 | 281.7 | 151.5 | 34.2 | 31.0 | 47.7 | 76.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 217.5 | 218.4 | 201.4 | 216.7 | 174.4 | 201.5 | 215.4 | 186.1 | 190.9 | 177.5 |
| Inventory | 608.6 | 576.0 | 615.5 | 674.7 | 413.3 | 357.7 | 398.4 | 361.2 | 364.0 | 323.3 |
| Other Current Assets | 149.2 | 126.5 | 114.4 | 108.8 | 0 | 0 | 94.8 | 85.7 | 84.5 | 87.7 |
| Total Current Assets | 1,025.4 | 973.9 | 996.7 | 1,059.1 | 969.2 | 799.8 | 742.8 | 664.0 | 687.1 | 664.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 482.2 | 325.7 | 295.3 | 254.5 | 231.8 | 222.8 | 231.6 | 228.4 | 228.9 | 239.7 |
| Goodwill | 224.3 | 220.1 | 225.3 | 224.8 | 210.4 | 215.2 | 214.1 | 209.7 | 185.9 | 179.2 |
| Intangible Assets | 559.3 | 523.1 | 537.4 | 525.9 | 465.3 | 473.5 | 480.8 | 478.3 | 481.2 | 490.0 |
| Long-Term Investments | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 9.9 | 9.3 | 8.3 |
| Other Non-Current Assets | 17.4 | 103.0 | 110.5 | 82.0 | 68.3 | 75.2 | 77.3 | 23.4 | 24.6 | 23.9 |
| Total Non-Current Assets | 1,317.3 | 1,206.3 | 1,200.0 | 1,134.7 | 1,036.7 | 1,066.7 | 1,074.2 | 1,027.6 | 1,040.2 | 1,071.6 |
| Total Assets | 2,342.7 | 2,180.2 | 2,196.7 | 2,193.8 | 2,005.8 | 1,866.6 | 1,817.0 | 1,691.6 | 1,727.3 | 1,736.2 |
| Current Liabilities | ||||||||||
| Account Payables | 157.0 | 150.3 | 150.5 | 167.0 | 163.6 | 112.9 | 102.3 | 86.0 | 92.8 | 87.6 |
| Short-Term Debt | 41.7 | 10.9 | 29.3 | 40.3 | 17.6 | 20.3 | 71.6 | 36.5 | 47.1 | 61.2 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.3 | 34.3 | 42.0 |
| Other Current Liabilities | 96.3 | 95.1 | 111.1 | 98.2 | 113.5 | 82.3 | 72.5 | 56.8 | 40.7 | 43.1 |
| Total Current Liabilities | 430.2 | 472.7 | 451.1 | 548.6 | 483.0 | 357.7 | 359.1 | 294.9 | 306.8 | 462.1 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 925.4 | 753.1 | 671.8 | 527.5 | 297.4 | 313.6 | 330.7 | 347.0 | 417.0 | 348.3 |
| Deferred Tax Liabilities | 7.6 | 8.1 | 7.1 | 5.9 | 5.0 | 3.8 | 4.8 | 4.6 | 9.3 | 7.5 |
| Other Non-Current Liabilities | 88.0 | 149.1 | 153.8 | 128.4 | 136.9 | 174.1 | 170.8 | 118.2 | 146.8 | 149.4 |
| Total Non-Current Liabilities | 1,127.2 | 910.3 | 832.7 | 661.8 | 439.2 | 491.5 | 506.3 | 469.8 | 573.1 | 505.2 |
| Total Liabilities | 1,557.4 | 1,383.0 | 1,283.8 | 1,210.4 | 922.3 | 849.2 | 865.4 | 764.6 | 879.9 | 967.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | 142.0 | 180.3 | 159.9 | 473.1 | 325.0 | 199.8 | 151.0 | 72.9 | 1.6 | (54.0) |
| Accumulated Other Comprehensive Income | (122.3) | (140.3) | (104.3) | (109.7) | (99.6) | (96.2) | (112.0) | (89.0) | (81.7) | (90.8) |
| Total Stockholders' Equity | 783.6 | 765.2 | 864.2 | 939.1 | 1,042.8 | 984.1 | 919.2 | 894.9 | 814.7 | 735.9 |
| Total Liabilities & Equity | 2,342.7 | 2,180.2 | 2,196.7 | 2,193.8 | 2,005.8 | 1,866.6 | 1,817.0 | 1,691.6 | 1,727.3 | 1,736.2 |
| Debt Metrics | ||||||||||
| Total Debt | 1,073.3 | 764.0 | 701.2 | 567.8 | 315.0 | 333.9 | 402.3 | 383.5 | 464.1 | 409.6 |
| Net Debt | 1,023.2 | 710.9 | 635.7 | 508.9 | 33.3 | 182.5 | 368.1 | 352.5 | 416.3 | 333.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 187.2 | 201.8 | 198.6 | 205.1 | 184.2 | 100.0 | 124.6 | 103.1 | 96.6 | 49.5 |
| Depreciation & Amortization | 55.3 | 55.9 | 51.4 | 41.7 | 41.2 | 45.4 | 43.0 | 40.5 | 40.9 | 40.8 |
| Stock-Based Compensation | 28.6 | 30.8 | 29.7 | 24.1 | 27.6 | 16.0 | 11.0 | 18.6 | 15.3 | 14.5 |
| Change in Working Capital | (87.5) | (44.1) | 74.2 | (360.0) | 47.5 | 107.7 | (54.8) | (19.4) | (205.9) | (18.8) |
| Other Non-Cash Items | (3.1) | (0.2) | 2.5 | 12.3 | 1.5 | (0.7) | 2.1 | 5.5 | (1.8) | 11.3 |
| Operating Cash Flow | 194.4 | 245.1 | 371.8 | (67.8) | 314.1 | 264.4 | 134.3 | 163.7 | (27.0) | 105.2 |
| Investing Activities | ||||||||||
| Capital Expenditure | (74.3) | (74.6) | (100.6) | (126.4) | (37.6) | (24.7) | (33.0) | (32.8) | (18.8) | (19.2) |
| Acquisitions | 0 | 0 | 0 | (18.4) | 0 | 0 | (28.1) | (16.9) | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | (26.1) | (60.5) | 0 | 0 | 0 | 0 | 0 | (0.9) |
| Investing Cash Flow | (74.3) | (74.6) | (101.5) | (140.2) | (37.6) | (24.7) | (61.1) | (49.7) | (18.8) | (20.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 178.7 | 64.3 | 138.6 | 251.2 | (20.2) | (69.6) | 19.3 | (79.5) | 50.7 | (75.0) |
| Stock Repurchased | (211.5) | (172.8) | (334.1) | (189.1) | (65.5) | (7.0) | (29.4) | (2.6) | (0.9) | 0 |
| Dividends Paid | (56.2) | (54.3) | (52.5) | (52.2) | (49.2) | (46.1) | (43.5) | (39.1) | (35.7) | (17.3) |
| Other Financing Activities | (35.8) | (16.9) | (16.7) | (18.4) | (5.5) | (5.5) | (16.8) | (10.4) | (5.7) | 29.7 |
| Financing Cash Flow | (124.8) | (179.7) | (264.7) | (8.6) | (140.3) | (128.6) | (70.3) | (128.9) | 9.3 | (62.7) |
| Cash Position | ||||||||||
| Net Change in Cash | (3.0) | (12.4) | 6.5 | (222.8) | 130.2 | 117.3 | 3.2 | (16.7) | (31.4) | 20.0 |
| Cash at Beginning | 53.1 | 65.4 | 58.9 | 281.7 | 151.5 | 34.2 | 31.0 | 47.7 | 79.1 | 59.1 |
| Cash at End | 50.1 | 53.1 | 65.4 | 58.9 | 281.7 | 151.5 | 34.2 | 31.0 | 47.7 | 79.1 |
| Free Cash Flow | 120.0 | 170.5 | 271.2 | (194.2) | 276.5 | 239.8 | 101.3 | 130.9 | (45.9) | 86.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2,558.7 | 2,457.1 | 2,382.0 | 2,270.3 | 2,147.9 | 1,612.2 | 1,681.4 | 1,633.7 | 1,560.3 | 1,572.3 | 1,503.0 | 1,537.6 | 1,477.2 |
| Gross Profit | 1,209.4 | 1,187.7 | 1,252.5 | 1,179.2 | 1,118.4 | 829.8 | 872.2 | 842.4 | 800.8 | 798.7 | 775.8 | 757.9 | 733.1 |
| Operating Income | 295.2 | 304.3 | 285.3 | 281.5 | 259.8 | 145.5 | 185.7 | 172.3 | 166.3 | 140.8 | 117.6 | 104.2 | 114.9 |
| Net Income | 188.5 | 214.3 | 198.4 | 199.3 | 178.9 | 96.0 | 121.1 | 99.9 | 92.1 | 45.0 | (1.0) | 21.6 | 19.6 |
| EPS (Diluted) | 3.10 | 3.37 | 2.94 | 2.75 | 2.38 | 1.28 | 1.60 | 1.34 | 1.32 | 0.62 | -0.01 | 0.23 | 1.17 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 50.1 | 53.1 | 65.4 | 58.9 | 281.7 | 151.5 | 34.2 | 31.0 | 47.7 | 76.1 | |||
| Total Assets | 2,342.7 | 2,180.2 | 2,196.7 | 2,193.8 | 2,005.8 | 1,866.6 | 1,817.0 | 1,691.6 | 1,727.3 | 1,736.2 | |||
| Total Debt | 1,073.3 | 764.0 | 701.2 | 567.8 | 315.0 | 333.9 | 402.3 | 383.5 | 464.1 | 409.6 | |||
| Stockholders' Equity | 783.6 | 765.2 | 864.2 | 939.1 | 1,042.8 | 984.1 | 919.2 | 894.9 | 814.7 | 735.9 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 194.4 | 245.1 | 371.8 | (67.8) | 314.1 | 264.4 | 134.3 | 163.7 | (27.0) | 105.2 | |||
| Capital Expenditure | (74.3) | (74.6) | (100.6) | (126.4) | (37.6) | (24.7) | (33.0) | (32.8) | (18.8) | (19.2) | |||
| Free Cash Flow | 120.0 | 170.5 | 271.2 | (194.2) | 276.5 | 239.8 | 101.3 | 130.9 | (45.9) | 86.0 | |||