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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.6B | $354M | $189M | $120M | 24.1% | 4.1% | -12.0% |
| 2024 | $2.5B | $360M | $214M | $170M | 28.0% | 3.2% | 8.0% |
| 2023 | $2.4B | $337M | $198M | $271M | 23.0% | 4.9% | -0.4% |
| 2022 | $2.3B | $315M | $199M | $-194M | 21.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,270.34 | 2,382 | 2,457.09 | 2,558.73 |
| Cost Of Revenue | - | 1,221.65 | 1,261.96 | 1,269.36 | 1,337.48 |
| Gross Profit | - | 1,048.69 | 1,120.04 | 1,187.73 | 1,221.25 |
| Operating Expense | - | 767.16 | 834.73 | 883.46 | 921.83 |
| Operating Income | - | 281.53 | 285.30 | 304.26 | 299.43 |
| EBITDA | - | 315.15 | 336.59 | 360.27 | 354.22 |
| EBIT | - | 273.45 | 285.23 | 304.38 | 298.93 |
| Pretax Income | - | 259.44 | 241.60 | 249.67 | 239.53 |
| Tax Provision | - | 54.35 | 42.99 | 47.82 | 52.37 |
| Net Income | - | 199.28 | 198.43 | 214.30 | 188.54 |
| Net Income Common Stockholders | - | 199.28 | 198.43 | 214.30 | 188.54 |
| Total Expenses | - | 1,988.80 | 2,096.69 | 2,152.83 | 2,259.30 |
| Interest Expense | - | 14.01 | 43.63 | 54.71 | 59.41 |
| Interest Income | - | 0.74 | 1.65 | 1.20 | 1.12 |
| Research And Development | - | 56.39 | 64.84 | 67.84 | 76.51 |
| Selling General And Administration | - | 702.88 | 755.67 | 801.60 | 833.42 |
| Normalized EBITDA | - | 315.15 | 335.90 | 359.39 | 350.30 |
| Normalized Income | - | 199.28 | 197.86 | 213.59 | 185.48 |
| Market Cap | 5,744.15 | 5,744.15 | 5,744.15 | 5,744.15 | 5,744.15 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Acushnet Holdings Corp.this co. | GOLF | $5.9B | 30.47β premium | 7.33 | 24.1% | 18.74 |
| Mohawk Industries, Inc. | MHK | $6.7B | 17.82 | 0.79 | 4.4% | 7.19 |
| Brinker International, Inc. | EAT | $6.2B | 15.76 | 16.28 | 103.3% | 10.72 |
| CarMax, Inc. | KMX | $5.9B | 10.84 | 0.87 | 8.0% | 13.30 |
| Rush Enterprises, Inc. | RUSHA | $5.9B |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.24 |
| 2.66 |
| 12.0% |
| 10.97 |
| Boot Barn Holdings, Inc. | BOOT | $5.1B | 28.36 | 4.54 | 16.0% | 18.50 |
| Atmus Filtration Technologies Inc. | ATMU | $5.1B | 24.51 | 13.43 | 54.8% | 16.56 |
| Champion Homes, Inc. | SKY | $4.7B | 23.09 | 2.97 | 12.8% | 13.33 |
| Frontdoor, Inc. | FTDR | $4.5B | 16.91 | 17.82 | 105.4% | 9.76 |
| Peer Median | - | 20.03 | 3.75 | 14.4% | 12.13 | |