Acushnet Holdings Corp (GOLF)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 214,298 | 198,429 | 199,278 | 178,873 | 96,006 |
| Revenue | US$ in thousands | 2,457,090 | 2,382,000 | 2,270,340 | 2,147,930 | 1,612,170 |
| Net profit margin | 8.72% | 8.33% | 8.78% | 8.33% | 5.96% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $214,298K ÷ $2,457,090K
= 8.72%
The net profit margin of Acushnet Holdings Corp has shown a generally positive trend over the last five years based on the provided data. Starting at 5.96% on December 31, 2020, the company's net profit margin increased to 8.33% by the end of 2021, further improving to 8.78% by the end of 2022. While there was a slight dip to 8.33% by the end of 2023, the net profit margin rebounded to 8.72% by the end of 2024.
This upward trajectory indicates that Acushnet Holdings Corp has been effectively managing its expenses and generating higher profits relative to its revenue over the years, reflecting potentially improving operational efficiency and profitability. However, it would be beneficial to monitor future performance to ensure the sustainability of this positive trend.
Peer comparison
Dec 31, 2024