Acushnet Holdings Corp

Acushnet Holdings Corp

GOLF · NYSE · Consumer Cyclical / Leisure

82.94USD+1.48 (+1.82%)

Price History

Full chart

Market Stats

Previous Close81.46
Open81.95
Day Range81.89 – 83.42
52-Week Range74.32 – 119.30
Volume204.40K
Market Cap4.81B
P/E (TTM)22.50
Forward P/E20.04
EPS3.66
Dividend Yield1.24%
Beta0.80
50-Day Avg93.15
200-Day Avg94.56

About

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Asia, Africa, Japan, Korea, and internationally. It operates through three segments: Titleist Golf Equipment, FootJoy Golf Wear, and Golf Wear. The company offers golf equipment comprising golf clubs, such as drivers, fairways, hybrids, and iron, as well as wedges; and golf bags, headwear, and golf gloves under the Titleist, Vokey Design, and Scotty Cameron brands. It provides golf shoes, gloves, travel hear, golf outerwear, men's and women's golf apparel under the FootJoy brands; golf gear products, including golf bags, headwear, accessories; golf travel bags, luggage and other travel products under the Club Glove brand; and luxury leather golf goods under the Links & Kings brand. In addition, the company offers ski, golf, and lifestyle apparel under the KJUS brand. It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online. Acushnet Holdings Corp. was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. in March 2016. The company was founded in 1910 and is headquartered in Fairhaven, Massachusetts. Acushnet Holdings Corp. operates as a subsidiary of Misto Holdings Corp.

Company Details

  • SectorConsumer Cyclical
  • IndustryLeisure
  • CEOMr. David E. Maher
  • Employees7.30K
  • Headquarters333 Bridge Street, Fairhaven, MA, United States, 02719, USA
  • Websitehttps://www.acushnetholdingscorp.com

Leadership

  • Mr. David E. MaherPresident, CEO & Director · b. 1968
  • Mr. Sean S. SullivanExecutive VP & CFO · b. 1968
  • Ms. Mary Louise BohnPresident of Titleist Golf Balls · b. 1961
  • Mr. Steven PelisekPresident of Titleist Golf Clubs · b. 1961
  • Mr. Christopher Aaron LindnerPresident of FootJoy · b. 1969
  • Mr. Nicholas N. MohamedVP, Controller & Principal Accounting Officer · b. 1976
  • Mr. Roger CzuchraExecutive VP and Chief Technology & Digital Officer · b. 1970
  • Mr. Cameron VollmuthDirector of Investor Relations
  • Ms. Tessa N. JudgeExecutive VP, Chief Legal Officer & Corporate Secretary · b. 1985
  • Mr. Brendan J. ReidyExecutive VP & Chief People Officer · b. 1978

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.48B1.54B1.50B1.57B1.56B1.63B1.68B1.61B2.15B2.27B2.38B2.46B2.56B
Growth (%)-+4.09%-2.25%+4.61%-0.76%+4.71%+2.92%-4.12%+33.23%+5.70%+4.92%+3.15%+4.14%
Cost of Revenue744.09M779.68M727.12M773.55M759.47M791.37M809.12M782.33M1.03B1.09B1.13B1.27B1.35B
Gross Profit733.13M757.93M775.84M798.73M800.79M842.35M872.24M829.84M1.12B1.18B1.25B1.19B1.21B
Gross Margin49.63%49.29%51.62%50.80%51.32%51.56%51.88%51.47%52.07%51.94%52.58%48.34%47.26%
Operating Expense618.23M653.68M658.25M657.89M634.48M670.02M686.58M684.38M858.63M897.70M967.21M883.47M914.19M
Operating Income114.90M104.25M117.58M140.84M166.31M172.34M185.65M145.46M259.81M281.53M285.31M304.26M295.17M
Operating Margin7.78%6.78%7.82%8.96%10.66%10.55%11.04%9.02%12.10%12.40%11.98%12.38%11.54%
EBITDA149.60M149.68M135.84M181.31M209.45M209.97M227.64M171.27M295.80M315.15M336.59M360.27M354.23M
EBITDA Margin10.13%9.73%9.04%11.53%13.42%12.85%13.54%10.62%13.77%13.88%14.13%14.66%13.84%
Net Income19.64M21.56M-966.00K45.01M92.11M99.87M121.07M96.01M178.87M199.28M198.43M214.30M188.54M
Net Income Margin1.33%1.40%-0.06%2.86%5.90%6.11%7.20%5.96%8.33%8.78%8.33%8.72%7.37%
R&D42.15M44.24M45.98M48.80M48.15M51.49M51.60M48.94M55.34M56.39M64.84M67.84M76.51M
R&D as % of Total Revenue2.85%2.88%3.06%3.10%3.09%3.15%3.07%3.04%2.58%2.48%2.72%2.76%2.99%
Interest Expense68.72M64.45M61.99M51.26M16.91M19.17M19.47M12.80M6.73M14.01M43.63M54.71M59.41M
Interest Expense % of Total Revenue4.65%4.19%4.12%3.26%1.08%1.17%1.16%0.79%0.31%0.62%1.83%2.23%2.32%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--1.76B1.76B1.74B1.73B1.69B1.82B1.87B2.01B2.19B2.20B2.18B2.34B
Total Liabilities--1.44B1.43B967.35M879.93M764.64M865.42M849.18M922.27M1.21B1.28B1.38B1.56B
Total Equity--287.62M291.29M735.87M814.73M894.87M919.25M984.08M1.04B939.06M864.24M765.25M783.57M
Cash--47.67M54.41M76.06M47.72M31.01M34.18M151.45M281.68M58.90M65.44M53.06M50.09M
Total Debt--905.34M836.22M409.59M464.05M383.50M402.32M333.93M314.97M567.85M701.17M763.96M1.07B
Net Debt--857.67M781.81M333.54M416.33M352.48M368.14M182.48M33.29M508.94M635.73M710.90M1.02B

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow78.80M54.11M91.83M105.19M-27.04M163.73M134.28M264.43M314.12M-67.79M371.83M245.11M194.37M
Investing Cash Flow-46.36M-23.53M-23.20M-19.18M-18.84M-49.70M-61.06M-24.68M-37.60M-140.22M-101.49M-74.62M-74.34M
Financing Cash Flow-28.18M-30.15M-60.06M-62.66M9.26M-128.88M-70.33M-128.59M-140.33M-8.58M-264.73M-179.68M-124.82M
Capital Expenditure46.46M23.53M23.20M19.18M18.84M32.80M32.96M24.68M37.60M126.36M100.60M74.62M74.34M
Free Cash Flow32.34M30.59M68.63M86.01M-45.88M130.93M101.33M239.75M276.52M-194.15M271.23M170.48M120.03M
Dividends Paid13.89M13.79M13.75M17.32M35.74M39.06M43.49M46.06M49.17M52.24M52.48M54.29M56.16M
FCF to OCF41.04%56.52%74.73%81.77%169.70%79.97%75.46%90.67%88.03%286.41%72.94%69.55%61.75%
Dividend Paid to FCF42.97%45.07%20.03%20.13%-77.90%29.83%42.92%19.21%17.78%-26.91%19.35%31.85%46.79%

Earnings

Report DateDec 8, 2016Mar 22, 2017May 12, 2017Aug 11, 2017Nov 8, 2017Mar 7, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 28, 2019May 8, 2019Aug 7, 2019Oct 31, 2019Feb 27, 2020May 7, 2020Aug 5, 2020Nov 6, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 1, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Mar 1, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 29, 2024May 7, 2024Aug 6, 2024Nov 7, 2024Feb 26, 2025May 7, 2025Aug 7, 2025Nov 5, 2025Feb 26, 2026May 6, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate0.050.050.410.540.090.160.590.590.170.180.570.580.300.230.350.190.280.130.670.760.14-0.290.820.740.63-0.041.090.920.56-0.351.241.180.83-0.251.361.330.85-0.271.471.611.00
EPS Actual-0.010.280.510.450.120.150.590.580.200.150.450.530.390.240.260.180.880.291.141.080.54-0.361.100.940.68-0.001.391.140.89-0.391.351.160.93-0.021.391.250.81-0.301.422.08-
Surprise-120.00%460.00%24.39%-16.67%33.33%-6.25%0.00%-1.69%17.65%-16.67%-21.05%-8.62%30.00%4.35%-25.71%-5.26%214.29%123.08%70.15%42.11%285.71%-24.14%34.15%27.03%7.94%98.00%27.52%23.91%58.93%-11.43%8.87%-1.69%12.05%90.40%2.21%-6.01%-4.71%-11.11%-3.40%29.19%-
TimingAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.81B
Enterprise Value5.74B
Trailing P/E22.50
Forward P/E20.04
PEG Ratio3.61
Price / Sales1.78
Price / Book5.24
EPS3.66
Book Value15.83
Revenue (TTM)2.71B
Gross Profit (TTM)1.29B
EBITDA373.75M
Profit Margin8.12%
Operating Margin16.05%
Return on Equity25.24%
Return on Assets8.25%
Shares Outstanding58.41M
Shares Float27.14M
Beta0.80
Dividend Yield1.24%
Dividend Rate1.02
Payout Ratio24.94%

Analyst Ratings

Hold
Based on 8 analystsTarget 99.67
  • Strong Buy
    1
  • Hold
    6
  • Sell
    1

Ownership Breakdown

Institutions
55.90%
Insiders
53.10%
Retail / Other
0.00%

Top Institutional Holders

  • Kayne Anderson Rudnick Investment Management LLC
    5.92M10.14%
  • BlackRock Inc
    4.08M6.99%
  • Dimensional Fund Advisors, Inc.
    1.54M2.64%
  • Vanguard Portfolio Management, LLC
    1.52M2.60%
  • Vanguard Capital Management, LLC
    1.20M2.05%
  • Morgan Stanley - Brokerage Accounts
    1.11M1.90%
  • State Street Corp
    1.06M1.82%
  • Wells Fargo & Co
    722.95K1.24%
  • Principal Financial Group Inc
    689.66K1.18%
  • Geode Capital Management, LLC
    682.56K1.17%
  • Fisher Asset Management, LLC
    596.31K1.02%
  • Amvescap Plc.
    581.78K1.00%
  • Two Sigma Investments LLC
    559.33K0.96%
  • Lansdowne Partners Limited Partnership
    513.57K0.88%
  • FMR Inc
    458.71K0.79%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.68M2.88%
  • Virtus KAR Small-Cap Core I
    969.90K1.66%
  • Vanguard MStar Total Stk Mkt Idx Invest
    837.17K1.43%
  • iShares Russell 2000 ETF
    713.38K1.22%
  • Vanguard Small Cap Index
    605.99K1.04%

Dividends

20263×
0.26Sep 4, 20260.26Jun 5, 20260.26Mar 6, 2026
20255×
0.23Dec 5, 20250.23Sep 5, 20250.25Aug 18, 20250.23Jun 6, 20250.23Mar 7, 2025
20244×
0.21Dec 6, 20240.21Sep 6, 20240.21Jun 7, 20240.21Mar 7, 2024
20234×
0.20Nov 30, 20230.20Aug 31, 20230.20Jun 1, 20230.20Mar 9, 2023
20224×
0.18Dec 1, 20220.18Sep 1, 20220.18Jun 2, 20220.18Mar 10, 2022
20214×
0.17Dec 2, 20210.17Sep 2, 20210.17Jun 3, 20210.17Mar 11, 2021