What is Callaway Golf Company's earnings per share (EPS)?

Callaway Golf Company (CALY) reported diluted earnings per share of $-2.20 for fiscal year 2025. This represents a 69.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Callaway Golf Company Financials

CALY

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Callaway Golf Company (CALY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CALY FY2025 2026-05-08

Working-capital release and light reinvestment are sustaining cash flow even while reported earnings remain negative.

Across FY2023-FY2025, inventory and receivables shrank by about $246M while operating cash flow stayed above $334M, showing that cash generation has come partly from releasing working capital rather than from stronger earnings. That helps explain why free cash flow stayed positive at $302.2M even with a -$409.3M net loss in FY2025.

FY2023-FY2025 shows gross margin stability in the low-40s while operating margin fell from 9.1% to 6.2%. That pattern points less to a collapse in product economics and more to overhead consuming a larger share of sales as revenue stayed soft.

The balance sheet is being repositioned toward liquidity: cash rose to $903.2M as long-term debt fell to $650.7M in FY2025. Yet the liability mix still appears more short-dated than the debt figure alone suggests, so solvency improved faster than day-to-day flexibility.

Financial Health Signals

Financial Health Score 60/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Callaway Golf Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Callaway Golf Company has an operating margin of 6.2%, meaning the company retains $6 of operating profit per $100 of revenue. This strong profitability earns a score of 68/100, reflecting efficient cost management and pricing power. This is down from 7.4% the prior year.

Growth

Callaway Golf Company's revenue declined 0.8% year-over-year, from $2.1B to $2.1B. This contraction results in a growth score of 27/100.

Leverage

Callaway Golf Company carries a low D/E ratio of 0.31, meaning only $0.31 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Callaway Golf Company's current ratio of 1.36 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Callaway Golf Company converts 14.7% of revenue into free cash flow ($302.2M). This strong cash generation earns a score of 79/100.

Returns

Callaway Golf Company's ROE of -19.8% shows moderate profitability relative to equity, earning a score of 54/100. This is up from -60.1% the prior year.

Altman Z-Score Distress

0.82

Callaway Golf Company scores 0.82, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Callaway Golf Company passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.82x

For every $1 of reported earnings, Callaway Golf Company generates $-0.82 in operating cash flow ($334.0M OCF vs -$409.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Adequate

2.1x

Callaway Golf Company earns $2.1 in operating income for every $1 of interest expense ($128.1M vs $60.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.1B

YoY-0.8%

5Y CAGR+5.3%

10Y CAGR+9.3%

Callaway Golf Company generated $2.1B in revenue in fiscal year 2025. This represents a decrease of 0.8% from the prior year.

EBITDA

$174.5M

YoY-11.6%

10Y CAGR+14.7%

Callaway Golf Company's EBITDA was $174.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 11.6% from the prior year.

Net Income

-$409.3M

YoY+71.7%

Callaway Golf Company reported -$409.3M in net income in fiscal year 2025. This represents an increase of 71.7% from the prior year.

EPS (Diluted)

$-2.20

YoY+69.6%

Callaway Golf Company earned $-2.20 per diluted share (EPS) in fiscal year 2025. This represents an increase of 69.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$302.2M

YoY-9.3%

5Y CAGR+9.8%

10Y CAGR+34.0%

Callaway Golf Company generated $302.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 9.3% from the prior year.

Cash & Debt

$903.2M

YoY+103.0%

5Y CAGR+19.8%

10Y CAGR+33.6%

Callaway Golf Company held $903.2M in cash against $650.7M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

42.1%

YoY-0.6pp

5Y CAGR+0.7pp

10Y CAGR-0.3pp

Callaway Golf Company's gross margin was 42.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.6 percentage points from the prior year.

Operating Margin

6.2%

YoY-1.1pp

5Y CAGR+12.9pp

10Y CAGR+3.0pp

Callaway Golf Company's operating margin was 6.2% in fiscal year 2025, reflecting core business profitability. This is down 1.1 percentage points from the prior year.

Net Margin

-19.9%

YoY+49.8pp

5Y CAGR-11.9pp

10Y CAGR-21.6pp

Callaway Golf Company's net profit margin was -19.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 49.8 percentage points from the prior year.

Return on Equity

-19.8%

YoY+40.3pp

5Y CAGR-1.0pp

10Y CAGR-23.3pp

Callaway Golf Company's ROE was -19.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 40.3 percentage points from the prior year.

Capital Allocation

R&D Spending

$65.5M

YoY+2.2%

5Y CAGR+7.2%

10Y CAGR+7.0%

Callaway Golf Company invested $65.5M in research and development in fiscal year 2025. This represents an increase of 2.2% from the prior year.

Share Buybacks

$3.7M

YoY-88.2%

5Y CAGR-30.1%

10Y CAGR+6.6%

Callaway Golf Company spent $3.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 88.2% from the prior year.

Capital Expenditures

$31.8M

YoY-34.7%

5Y CAGR-4.1%

10Y CAGR+8.3%

Callaway Golf Company invested $31.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 34.7% from the prior year.

CALY Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.1B-0.8%	$2.1B-2.6%	$2.1B-46.6%	$4.0B+27.5%	$3.1B+97.1%	$1.6B
Cost of Revenue	$1.2B+0.2%	$1.2B-1.2%	$1.2B	N/A	N/A	$931.9M
Gross Profit	$867.6M-2.2%	$887.0M-4.3%	$927.1M	N/A	N/A	$657.6M
R&D Expenses	$65.5M+2.2%	$64.1M+3.7%	$61.8M-19.1%	$76.4M+12.4%	$68.0M+46.9%	$46.3M
SG&A Expenses	$674.0M+0.6%	$670.0M-0.2%	$671.2M-30.8%	$970.6M+14.2%	$849.7M+56.6%	$542.5M
Operating Income	$128.1M-16.2%	$152.9M-21.2%	$194.1M-24.4%	$256.8M+25.5%	$204.7M+294.0%	-$105.5M
Interest Expense	$60.6M-3.8%	$63.0M-70.0%	$210.2M+47.2%	$142.8M+23.5%	$115.6M+146.5%	$46.9M
Income Tax	$48.8M+169.6%	$18.1M-39.7%	$30.0M+287.5%	-$16.0M-155.9%	$28.6M+4866.7%	-$600K
Net Income	-$409.3M+71.7%	-$1.4B-1623.2%	$95.0M-39.8%	$157.9M-51.0%	$322.0M+353.7%	-$126.9M
EPS (Diluted)	$-2.20+69.6%	$-7.23-1546.0%	$0.50-39.0%	$0.82-54.9%	$1.82+234.8%	$-1.35

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$687.5M+87.1%	$367.5M-20.6%	$462.6M-23.0%	$600.4M-4.6%	$629.6M+69.5%	$371.4M-17.9%	$452.3M-26.4%	$614.3M
Cost of Revenue	$360.8M	N/A	N/A	N/A	$346.0M	N/A	N/A	N/A
Gross Profit	$326.7M	N/A	N/A	N/A	$283.6M	N/A	N/A	N/A
R&D Expenses	$15.2M	N/A	$20.1M+1.5%	$19.8M+24.5%	$15.9M	N/A	$22.0M-18.5%	$27.0M
SG&A Expenses	$173.3M	N/A	$210.6M-12.9%	$241.8M+46.9%	$164.6M	N/A	$250.6M-3.4%	$259.5M
Operating Income	$138.2M+355.5%	-$54.1M-1227.1%	$4.8M-93.5%	$74.3M-27.9%	$103.1M+519.1%	-$24.6M-305.0%	$12.0M-86.2%	$86.7M
Interest Expense	$5.8M	N/A	$59.2M+0.9%	$58.7M+294.0%	$14.9M	N/A	$57.7M+1.2%	$57.0M
Income Tax	$32.7M	N/A	-$7.6M-155.1%	$13.8M-49.3%	$27.2M	N/A	-$19.4M-100.0%	-$9.7M
Net Income	$93.1M+122.3%	-$417.0M-2736.7%	-$14.7M-172.4%	$20.3M+866.7%	$2.1M+100.1%	-$1.5B-41919.4%	-$3.6M-105.8%	$62.1M
EPS (Diluted)	$0.47+120.7%	$-2.27-2737.5%	$-0.08-172.7%	$0.11+450.0%	$0.02+100.2%	$-8.23-82200.0%	$-0.01-103.1%	$0.32

CALY Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$7.3B-4.6%	$7.6B-16.3%	$9.1B+6.2%	$8.6B+10.9%	$7.7B+291.2%	$2.0B
Current Assets	$5.9B+270.8%	$1.6B-1.7%	$1.6B+7.2%	$1.5B+30.3%	$1.2B+27.7%	$912.6M
Cash & Equivalents	$903.2M+103.0%	$445.0M+13.1%	$393.5M+118.4%	$180.2M-48.8%	$352.2M-3.8%	$366.1M
Inventory	$625.3M-0.5%	$628.2M-20.9%	$794.4M-17.2%	$959.2M+79.8%	$533.5M+51.3%	$352.5M
Accounts Receivable	$123.2M-10.2%	$137.2M-31.6%	$200.5M+19.8%	$167.3M+58.9%	$105.3M-24.0%	$138.5M
Goodwill	$619.8M+0.2%	$618.7M-0.1%	$619.3M-68.8%	$2.0B+1.2%	$2.0B+3363.1%	$56.6M
Total Liabilities	$5.2B-0.2%	$5.2B-0.3%	$5.2B+8.9%	$4.8B+18.5%	$4.1B+211.5%	$1.3B
Current Liabilities	$4.4B+428.8%	$825.9M-12.8%	$947.6M-19.4%	$1.2B+35.8%	$866.0M+121.3%	$391.3M
Long-Term Debt	$650.7M-54.0%	$1.4B-6.8%	$1.5B+29.1%	$1.2B+14.7%	$1.0B+57.6%	$650.6M
Total Equity	$2.1B-14.1%	$2.4B-37.9%	$3.9B+2.8%	$3.8B+2.5%	$3.7B+445.1%	$675.6M
Retained Earnings	-$909.5M-81.8%	-$500.2M-152.8%	$947.5M+11.1%	$852.5M+25.0%	$682.2M+89.4%	$360.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$3.2B-56.3%	$7.3B-3.8%	$7.6B-0.5%	$7.6B-1.1%	$7.7B+0.8%	$7.6B-16.6%	$9.2B+0.6%	$9.1B
Current Assets	$1.6B-72.6%	$5.9B+217.7%	$1.9B-0.7%	$1.9B-4.2%	$2.0B+22.7%	$1.6B-1.4%	$1.6B+0.7%	$1.6B
Cash & Equivalents	$499.5M-44.7%	$903.2M+4.3%	$865.6M+26.6%	$683.5M+115.6%	$317.0M-28.8%	$445.0M+0.7%	$441.9M+41.7%	$311.8M
Inventory	$596.4M-4.6%	$625.3M+10.0%	$568.7M-6.6%	$608.9M-6.9%	$653.9M+4.1%	$628.2M-5.7%	$666.4M+3.0%	$647.1M
Accounts Receivable	$393.8M+219.6%	$123.2M-43.6%	$218.5M-35.4%	$338.0M-9.2%	$372.2M+171.3%	$137.2M-52.1%	$286.4M-26.6%	$390.4M
Goodwill	$619.6M0.0%	$619.8M0.0%	$619.8M0.0%	$619.9M+0.1%	$619.0M0.0%	$618.7M-69.1%	$2.0B+0.3%	$2.0B
Total Liabilities	$1.1B-79.7%	$5.2B+2.4%	$5.1B-0.5%	$5.1B-2.8%	$5.3B+0.7%	$5.2B+0.1%	$5.2B+1.1%	$5.2B
Current Liabilities	$713.6M-83.7%	$4.4B+337.3%	$998.7M-1.7%	$1.0B+9.4%	$928.6M+12.4%	$825.9M-2.0%	$842.5M+0.6%	$837.2M
Long-Term Debt	$152.9M-76.5%	$650.7M-45.4%	$1.2B-0.3%	$1.2B-17.9%	$1.5B+2.9%	$1.4B-3.2%	$1.5B-0.2%	$1.5B
Total Equity	$2.1B+2.7%	$2.1B-16.4%	$2.5B-0.5%	$2.5B+2.5%	$2.4B+0.8%	$2.4B-38.8%	$3.9B+0.1%	$3.9B
Retained Earnings	-$816.4M+10.2%	-$909.5M-84.7%	-$492.5M-3.1%	-$477.8M+4.1%	-$498.1M+0.4%	-$500.2M-149.4%	$1.0B-0.4%	$1.0B

CALY Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$334.0M-12.6%	$382.0M+4.7%	$364.7M+1139.0%	-$35.1M-112.6%	$278.3M+22.0%	$228.2M
Capital Expenditures	$31.8M-34.7%	$48.7M-2.6%	$50.0M-90.6%	$532.3M+65.2%	$322.3M+722.2%	$39.2M
Free Cash Flow	$302.2M-9.3%	$333.3M+5.9%	$314.7M+155.5%	-$567.4M-1189.5%	-$44.0M-123.3%	$189.0M
Investing Cash Flow	$21.6M+107.3%	-$297.3M+45.2%	-$542.9M-1.5%	-$535.1M-230.5%	-$161.9M-173.5%	-$59.2M
Financing Cash Flow	$91.5M+487.7%	-$23.6M-106.3%	$375.8M-11.6%	$425.3M+442.7%	-$124.1M-229.1%	$96.1M
Dividends Paid	N/A	N/A	N/A	$0	$0-100.0%	$1.9M
Share Buybacks	$3.7M-88.2%	$31.4M-43.9%	$56.0M+56.4%	$35.8M-6.3%	$38.2M+72.1%	$22.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$169.0M-364.5%	$63.9M-72.0%	$228.4M+80.0%	$126.9M+248.9%	-$85.2M-296.8%	$43.3M-76.9%	$187.3M-16.6%	$224.7M
Capital Expenditures	$7.0M+103.9%	-$178.8M-369.7%	$66.3M-51.4%	$136.5M+1650.0%	$7.8M+104.4%	-$178.4M-329.3%	$77.8M-7.3%	$83.9M
Free Cash Flow	-$176.0M-53.2%	-$114.9M-170.9%	$162.1M+1788.5%	-$9.6M+89.7%	-$93.0M+31.2%	-$135.1M-223.4%	$109.5M-22.2%	$140.8M
Investing Cash Flow	$811.8M+1667.2%	-$51.8M+22.6%	-$66.9M-131.8%	$210.3M+400.4%	-$70.0M-63.9%	-$42.7M+47.0%	-$80.6M+5.1%	-$84.9M
Financing Cash Flow	-$1.0B-4109.2%	$26.1M+20.8%	$21.6M+15.5%	$18.7M-25.5%	$25.1M+132.4%	$10.8M-39.7%	$17.9M+130.0%	-$59.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$42.0M+13900.0%	$300K+200.0%	$100K	$0-100.0%	$3.3M	$0-100.0%	$100K-99.6%	$25.1M

CALY Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	42.1%-0.6pp	42.7%-0.8pp	43.5%	N/A	N/A	41.4%
Operating Margin	6.2%-1.1pp	7.4%-1.7pp	9.1%+2.7pp	6.4%-0.1pp	6.5%+13.2pp	-6.6%
Net Margin	-19.9%+49.8pp	-69.7%-74.1pp	4.5%+0.5pp	4.0%-6.3pp	10.3%+18.3pp	-8.0%
Return on Equity	-19.8%+40.3pp	-60.1%-62.6pp	2.5%-1.7pp	4.2%-4.6pp	8.7%+27.5pp	-18.8%
Return on Assets	-5.6%+13.3pp	-19.0%-20.0pp	1.0%-0.8pp	1.8%-2.3pp	4.2%+10.6pp	-6.4%
Current Ratio	1.36-0.6	1.94+0.2	1.72+0.4	1.29-0.1	1.35-1.0	2.33
Debt-to-Equity	0.31-0.3	0.59+0.2	0.39+0.1	0.31+0.0	0.28-0.7	0.96
FCF Margin	14.7%-1.4pp	16.0%+1.3pp	14.8%+29.0pp	-14.2%-12.8pp	-1.4%-13.3pp	11.9%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	47.5%	N/A	N/A	N/A	45.0%	N/A	N/A	N/A
Operating Margin	20.1%+34.8pp	-14.7%-15.8pp	1.0%-11.3pp	12.4%-4.0pp	16.4%+23.0pp	-6.6%-9.3pp	2.6%-11.5pp	14.1%
Net Margin	13.5%+127.0pp	-113.5%-110.3pp	-3.2%-6.6pp	3.4%+3.0pp	0.3%+407.6pp	-407.3%-406.5pp	-0.8%-10.9pp	10.1%
Return on Equity	4.4%+24.5pp	-20.2%-19.6pp	-0.6%-1.4pp	0.8%+0.7pp	0.1%+62.9pp	-62.8%-62.7pp	-0.1%-1.7pp	1.6%
Return on Assets	2.9%+8.6pp	-5.7%-5.5pp	-0.2%-0.5pp	0.3%+0.2pp	0.0%+19.8pp	-19.8%-19.8pp	-0.0%-0.7pp	0.7%
Current Ratio	2.28+0.9	1.36-0.5	1.87+0.0	1.85-0.3	2.12+0.2	1.94+0.0	1.930.0	1.93
Debt-to-Equity	0.07-0.2	0.31-0.2	0.480.0	0.48-0.1	0.60+0.0	0.59+0.2	0.370.0	0.37
FCF Margin	-25.6%+5.7pp	-31.3%-66.3pp	35.0%+36.6pp	-1.6%+13.2pp	-14.8%+21.6pp	-36.4%-60.6pp	24.2%+1.3pp	22.9%

Frequently Asked Questions

What is Callaway Golf Company's annual revenue?

Callaway Golf Company (CALY) reported $2.1B in total revenue for fiscal year 2025. This represents a -0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Callaway Golf Company's revenue growing?

Callaway Golf Company (CALY) revenue declined by 0.8% year-over-year, from $2.1B to $2.1B in fiscal year 2025.

Is Callaway Golf Company profitable?

No, Callaway Golf Company (CALY) reported a net income of -$409.3M in fiscal year 2025, with a net profit margin of -19.9%.

What is Callaway Golf Company's EBITDA?

Callaway Golf Company (CALY) had EBITDA of $174.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Callaway Golf Company have?

As of fiscal year 2025, Callaway Golf Company (CALY) had $903.2M in cash and equivalents against $650.7M in long-term debt.

What is Callaway Golf Company's gross margin?

Callaway Golf Company (CALY) had a gross margin of 42.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Callaway Golf Company's operating margin?

Callaway Golf Company (CALY) had an operating margin of 6.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Callaway Golf Company's net profit margin?

Callaway Golf Company (CALY) had a net profit margin of -19.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Callaway Golf Company's return on equity (ROE)?

Callaway Golf Company (CALY) has a return on equity of -19.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Callaway Golf Company's free cash flow?

Callaway Golf Company (CALY) generated $302.2M in free cash flow during fiscal year 2025. This represents a -9.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Callaway Golf Company's operating cash flow?

Callaway Golf Company (CALY) generated $334.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Callaway Golf Company's total assets?

Callaway Golf Company (CALY) had $7.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Callaway Golf Company's capital expenditures?

Callaway Golf Company (CALY) invested $31.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Callaway Golf Company spend on research and development?

Callaway Golf Company (CALY) invested $65.5M in research and development during fiscal year 2025.

Does Callaway Golf Company buy back shares?

Yes, Callaway Golf Company (CALY) spent $3.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Callaway Golf Company's current ratio?

Callaway Golf Company (CALY) had a current ratio of 1.36 as of fiscal year 2025, which is considered adequate.

What is Callaway Golf Company's debt-to-equity ratio?

Callaway Golf Company (CALY) had a debt-to-equity ratio of 0.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Callaway Golf Company's return on assets (ROA)?

Callaway Golf Company (CALY) had a return on assets of -5.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Callaway Golf Company's Altman Z-Score?

Callaway Golf Company (CALY) has an Altman Z-Score of 0.82, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Callaway Golf Company's Piotroski F-Score?

Callaway Golf Company (CALY) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Callaway Golf Company's earnings high quality?

Callaway Golf Company (CALY) has an earnings quality ratio of -0.82x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Callaway Golf Company cover its interest payments?

Callaway Golf Company (CALY) has an interest coverage ratio of 2.1x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Callaway Golf Company?

Callaway Golf Company (CALY) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.