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MARKETS / NYSE / GOLF
NYSE · SPORTING & ATHLETIC GOODS, NEC · LARGE CAP

Acushnet Holdings Corp. GOLF

12 fiscal years on record · USD · FY2025 reported · SEC filings only
8 YEARS OF DIVIDEND GROWTH
$2.6B
▲ 4.1% YoY
$188.5M
▼ 12.0% YoY
$120.0M
▼ 29.6% YoY
In brief

What this company does

Acushnet Holdings Corp. designs, manufactures, and markets golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel under the Titleist, FootJoy, KJUS, and other brands. As of December 31, 2025, it employed approximately 7,300 associates worldwide. It operates three company-owned golf ball manufacturing facilities, two located in the United States and one in Thailand, together encompassing approximately 600,000 total square feet. The company operates under three reportable segments, Titleist golf equipment, FootJoy golf wear, and Golf gear, which represented approximately 62%, 22%, and 10%, respectively, of net sales in 2025. Its Titleist golf equipment segment designs, manufactures, and sells golf equipment under the Titleist, Vokey Design, and Scotty Cameron brands. FootJoy, its wearable brand, consists of golf shoes, gloves, outerwear, and apparel. Its Golf gear segment designs, manufactures, and sells golf bags, headwear, gloves, and accessories under the Titleist brand, golf travel bags, luggage, and other travel products under the Club Glove brand, and leather golf goods under the Links & Kings brand. Acushnet Company was originally founded as “Acushnet Process Company” in Acushnet, Massachusetts, by Phil “Skipper” Young in 1910, and its golf business was established in 1932.

Written from the business description in Acushnet Holdings Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 2.6B
Revenue, FY2025 · full 12-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.6 · Net income 0.2
1B2B2014201620182020202220242025
Compound annual growth
+4.1%
+9.7%
+5.5%
−1.8%
+14.5%
+4.2%
+19.4%
+9.3%
+8.7%
+3.5%
+38.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.7% a year over five years — but profit grew faster: net income at +14.5%, earnings per share at +19.4%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 11.7% · Net 7.3%
5%10%2014201620182020202220242025
ROE
FY2025 · ROE 24.3%
10%20%2014201620182020202220242025

Each USD of equity produced 24 cents of profit this year.

Cash & shareholders
USD 267.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 120.0
100M200M-50M-100M2014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends 56.2 · Net buybacks 211.5
200MDividendsNet buybacks2016201720182019202020212022202320242025

USD 56.2M in dividends and USD 211.5M in buybacks — 142% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.3B
EquityUSD 783.6M
CashUSD 50.1M
Gross debtUSD 926.9M
Net debtUSD 876.8M
Current ratio2.38×

Net debt stands at 112% of equity.

The 12-year record
12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014
Revenue $B2.62.52.42.32.11.61.71.61.61.61.51.5
Operating income $B0.30.30.30.30.30.10.20.20.20.10.10.1
EBITDA $B0.40.40.30.30.30.20.20.20.20.20.20.1
Income tax $B0.10.00.00.10.10.00.00.00.00.00.00.0
Net income $B0.20.20.20.20.20.10.10.10.10.0−0.00.0
Free cash flow $B0.10.20.3−0.10.30.20.10.1−0.00.10.10.0
EPS, diluted $3.113.372.942.752.381.281.601.321.320.62−0.740.23
Dividend / sh $0.940.860.780.720.660.620.560.520.480.00··
Payout %3025262627483639360··
ROE %24.326.322.020.117.710.113.411.612.710.0−0.613.8
Shares out B·······0.070.070.070.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 58 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 37 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySporting & Athletic Goods, NEC
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2014

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