Callaway Golf Company (MODG)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,257,200 | 171,000 | 211,100 | 224,100 | 237,700 | 235,600 | 230,000 | 243,000 | 256,800 | 236,837 | 244,637 | 222,937 | 204,737 | 227,145 | 214,654 | -70,095 | -105,515 | -95,916 | -118,936 | 103,712 |
| 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 |
| Operating profit margin | -29.93% | 4.12% | 5.15% | 5.51% | 5.80% | 5.78% | 5.70% | 6.10% | 6.62% | 6.31% | 6.72% | 6.45% | 6.65% | 8.28% | 9.03% | -3.96% | -6.75% | -6.39% | -8.29% | 6.54% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,257,200K ÷ $4,200,300K
= -29.93%
Callaway Golf Company's operating profit margin has shown fluctuations over the periods provided. From March 31, 2020, to June 30, 2021, the company experienced negative margins, indicating that its operating expenses were exceeding its revenues during these periods. However, the operating profit margin turned positive in June 30, 2021, reaching 9.03%, and remained relatively stable, hovering around the range of 6% to 9% until June 30, 2024.
The significant drop in operating profit margin to -29.93% on December 31, 2024, raises concerns about the company's operational efficiency and profitability during that specific period. It would be important for stakeholders to investigate the reasons behind this drastic decrease to evaluate the company's performance and sustainability. Further analysis of Callaway Golf Company's financial and operational activities may be required to understand the factors contributing to the fluctuations in the operating profit margin.
Peer comparison
Dec 31, 2024