Callaway Golf Company (MODG)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,447,700 | -12,100 | 21,200 | 76,500 | 95,000 | 99,400 | 108,200 | 96,200 | 157,900 | 204,374 | 149,874 | 136,174 | 321,974 | 307,624 | 376,056 | 116,672 | -126,934 | -115,576 | -136,960 | 59,655 |
| Revenue (ttm) | US$ in thousands | 4,200,300 | 4,152,800 | 4,099,400 | 4,064,800 | 4,100,200 | 4,077,300 | 4,031,900 | 3,983,500 | 3,879,900 | 3,753,324 | 3,642,683 | 3,454,542 | 3,079,082 | 2,741,987 | 2,377,880 | 1,771,541 | 1,562,865 | 1,500,177 | 1,433,952 | 1,585,033 |
| Net profit margin | -34.47% | -0.29% | 0.52% | 1.88% | 2.32% | 2.44% | 2.68% | 2.41% | 4.07% | 5.45% | 4.11% | 3.94% | 10.46% | 11.22% | 15.81% | 6.59% | -8.12% | -7.70% | -9.55% | 3.76% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,447,700K ÷ $4,200,300K
= -34.47%
The net profit margin of Callaway Golf Company has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The company's net profit margin started at 3.76% in March 2020, but it turned negative at -9.55% in June 2020, indicating a loss for that period. The negative trend continued in subsequent quarters, with net profit margins of -7.70% in September 2020 and -8.12% in December 2020.
However, there was a significant turnaround in the company's profitability in the first half of 2021, as indicated by the net profit margins of 6.59% in March 2021 and 15.81% in June 2021. This positive momentum continued into the second half of 2021 and early 2022, with net profit margins ranging between 10.46% and 5.45%.
From March 31, 2023, to September 30, 2024, the net profit margins hovered around the range of 2.32% to -34.47%. There was a sharp decline in profitability in December 2024, with a net profit margin of -34.47%, indicating a substantial loss for that quarter.
Overall, the analysis reveals a mix of positive and negative trends in Callaway Golf Company's net profit margin over the period in question, reflecting fluctuations in the company's profitability and financial performance.
Peer comparison
Dec 31, 2024