Callaway Gross Profit from 2010 to 2024

MODG Stock  USD 8.60  0.45  5.52%   
Callaway Golf's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 2.8 B this year. Gross Profit is the profit Callaway Golf makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1990-03-31
Previous Quarter
731.2 M
Current Value
684.4 M
Quarterly Volatility
170.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Callaway Golf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Callaway Golf's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Interest Expense of 220.7 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 0.65. Callaway financial statements analysis is a perfect complement when working with Callaway Golf Valuation or Volatility modules.
  
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Latest Callaway Golf's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Callaway Golf over the last few years. Gross profit is a required income statement account that reflects total revenue of Callaway Golf minus its cost of goods sold. It is profit before Callaway Golf operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Callaway Golf's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Callaway Golf's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.34 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Callaway Gross Profit Regression Statistics

Arithmetic Mean944,344,267
Geometric Mean519,788,683
Coefficient Of Variation101.55
Mean Deviation789,483,858
Median480,448,000
Standard Deviation958,969,668
Sample Variance919622.8T
Range2.8B
R-Value0.87
Mean Square Error238584.6T
R-Squared0.76
Significance0.000023
Slope186,826,118
Total Sum of Squares12874719.5T

Callaway Gross Profit History

20242.8 B
20232.6 B
20222.4 B
20211.9 B
2020657.6 M
2019766.8 M
2018578.4 M

Other Fundumenentals of Callaway Golf

Callaway Golf Gross Profit component correlations

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About Callaway Golf Financial Statements

Callaway Golf stakeholders use historical fundamental indicators, such as Callaway Golf's Gross Profit, to determine how well the company is positioned to perform in the future. Although Callaway Golf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Callaway Golf's assets and liabilities are reflected in the revenues and expenses on Callaway Golf's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Callaway Golf. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.6 B2.8 B
Gross Profit Margin 0.62  0.52 

Currently Active Assets on Macroaxis

When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callaway Golf. If investors know Callaway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callaway Golf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
(0.07)
Revenue Per Share
22.907
Quarterly Revenue Growth
(0.03)
Return On Assets
0.013
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.