Acushnet Holdings Corp (GOLF)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,187,727 | 1,293,345 | 1,264,492 | 1,261,261 | 1,248,994 | 1,266,350 | 1,252,823 | 1,227,906 | 1,179,233 | 1,160,035 | 1,133,877 | 1,124,697 | 1,118,437 | 1,134,405 | 1,117,589 | 939,620 | 829,836 | 796,124 | 761,447 | 851,033 |
| Revenue (ttm) | US$ in thousands | 2,457,091 | 2,424,883 | 2,397,763 | 2,403,259 | 2,381,995 | 2,416,438 | 2,381,303 | 2,350,539 | 2,270,336 | 2,243,498 | 2,206,881 | 2,173,132 | 2,147,930 | 2,147,858 | 2,109,161 | 1,784,313 | 1,612,169 | 1,559,946 | 1,494,180 | 1,656,396 |
| Gross profit margin | 48.34% | 53.34% | 52.74% | 52.48% | 52.43% | 52.41% | 52.61% | 52.24% | 51.94% | 51.71% | 51.38% | 51.75% | 52.07% | 52.82% | 52.99% | 52.66% | 51.47% | 51.04% | 50.96% | 51.38% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,187,727K ÷ $2,457,091K
= 48.34%
Acushnet Holdings Corp's gross profit margin fluctuated over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 51.38% in March 2020 and reached its lowest point at 48.34% in December 2024. There was a general trend of improvement from March 31, 2020, to September 30, 2023, where the gross profit margin increased steadily from 51.38% to 52.43%. However, there was a noticeable drop in the gross profit margin in December 2024 to 48.34%.
Overall, Acushnet Holdings Corp's gross profit margin experienced fluctuations but remained relatively stable above 50% for most of the period under review. It is essential to further investigate the reasons behind the decline in the gross profit margin in December 2024 to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024