Callaway Golf Company (MODG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,447,700 | 95,000 | 157,900 | 322,000 | -126,900 |
| Revenue | US$ in thousands | 4,259,500 | 4,100,200 | 3,879,900 | 3,049,960 | 1,551,060 |
| Net profit margin | -33.99% | 2.32% | 4.07% | 10.56% | -8.18% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-1,447,700K ÷ $4,259,500K
= -33.99%
Callaway Golf Company's net profit margin has shown significant fluctuations over the years. In December 2020, the company had a net profit margin of -8.18%, indicating that the company incurred a loss. However, the following years saw a notable improvement in profitability, with the net profit margin increasing to 10.56% in December 2021, and then to 4.07% in December 2022.
In December 2023, there was a slight decline in the net profit margin to 2.32%, suggesting a moderation in profitability. The most recent data for December 2024 reveals a substantial decrease in profitability, with a net profit margin of -33.99%, indicating a significant loss.
Overall, while there have been periods of positive net profit margins, the company has also experienced periods of losses, as evidenced by the negative figures. This fluctuation in profitability highlights the need for Callaway Golf Company to carefully manage its costs and revenue to ensure sustained and consistent profitability in the future.
Peer comparison
Dec 31, 2024