Acushnet Holdings Corp (GOLF)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 48.34% | 52.58% | 51.94% | 52.07% | 51.47% |
| Operating profit margin | 12.38% | 11.98% | 12.40% | 12.10% | 9.02% |
| Pretax margin | 10.16% | 10.14% | 11.43% | 11.54% | 7.01% |
| Net profit margin | 8.72% | 8.33% | 8.78% | 8.33% | 5.96% |
Acushnet Holdings Corp's profitability ratios have shown varying trends over the past five years. The Gross Profit Margin has fluctuated between 48.34% and 52.58%, reaching its peak in December 31, 2024. This indicates the company's ability to generate profits after accounting for the cost of goods sold.
The Operating Profit Margin has also shown fluctuations, with the highest margin of 12.40% in December 31, 2022. This ratio reflects Acushnet's efficiency in managing its operating expenses to generate profits.
Similarly, the Pretax Margin has shown mixed results, with a peak of 11.54% in December 31, 2021. This ratio signifies the percentage of each dollar of revenue that translates to pre-tax profits.
Lastly, the Net Profit Margin has ranged between 5.96% and 8.78%, with the highest point in December 31, 2022. This ratio measures the percentage of revenue that translates into net income after all expenses are deducted.
Overall, Acushnet Holdings Corp has demonstrated solid profitability ratios, although some fluctuations have been observed. It is important for the company to continue monitoring and managing its expenses to maintain and potentially increase its profitability in the future.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.96% | 12.99% | 12.83% | 12.95% | 7.79% |
| Return on assets (ROA) | 9.83% | 9.03% | 9.08% | 8.92% | 5.14% |
| Return on total capital | 39.78% | 33.00% | 29.12% | 24.41% | 12.79% |
| Return on equity (ROE) | 28.00% | 22.96% | 21.22% | 17.15% | 9.76% |
Acushnet Holdings Corp's profitability ratios show a positive trend over the years, indicating an improvement in the company's ability to generate profits relative to its assets and capital.
- Operating return on assets (Operating ROA) has steadily increased from 7.79% in 2020 to 13.96% in 2024. This suggests that the company is becoming more efficient in generating operating profits from its assets.
- Return on assets (ROA) has also shown an upward trajectory, rising from 5.14% in 2020 to 9.83% in 2024. This signifies an improvement in overall profitability relative to the total assets employed.
- Return on total capital has experienced significant growth, starting at 12.79% in 2020 and reaching 39.78% in 2024. This indicates that the company is efficiently utilizing both equity and debt capital to generate returns.
- Return on equity (ROE) has consistently increased from 9.76% in 2020 to 28.00% in 2024. This demonstrates the company's ability to generate higher returns for its shareholders over the years.
Overall, Acushnet Holdings Corp's profitability ratios reflect a positive trend, suggesting increasing efficiency and profitability in utilizing its assets and capital to generate returns for its stakeholders.