Acushnet Holdings Corp (GOLF)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,187,730 | 1,252,510 | 1,179,230 | 1,118,440 | 829,836 |
| Revenue | US$ in thousands | 2,457,090 | 2,382,000 | 2,270,340 | 2,147,930 | 1,612,170 |
| Gross profit margin | 48.34% | 52.58% | 51.94% | 52.07% | 51.47% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,187,730K ÷ $2,457,090K
= 48.34%
The gross profit margin of Acushnet Holdings Corp has shown a generally positive trend over the past five years. Starting at 51.47% in December 2020, the margin increased to 52.07% by the end of 2021. Although there was a slight dip to 51.94% in 2022, the company managed to bounce back with a higher margin of 52.58% in 2023. However, there was a noticeable decrease in the gross profit margin to 48.34% by the end of 2024.
Overall, Acushnet Holdings Corp has maintained a relatively healthy gross profit margin, indicating its ability to effectively manage production costs and generate profits from its core business activities. The fluctuations seen in the margin suggest that the company may have experienced varying levels of efficiency in cost control and pricing strategies during this period. Further analysis of the underlying factors contributing to these changes would provide deeper insights into the company's operational performance.
Peer comparison
Dec 31, 2024