CALY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $14.45
Market Cap (MRQ) $2.69B
P/E (TTM) -9.8
EPS (TTM) $-1.48
Revenue (TTM) $2.13B
ROE (TTM) -11.3%
Debt/Equity (MRQ) 0.0
52W Range $8–$20

CALY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

Stock splits 3
Ex-date Split Type
March 13, 1995 2-for-1 Forward
March 4, 1994 2-for-1 Forward
March 22, 1993 2-for-1 Forward

About Callaway Golf Company Common Stock Company overview from Wikipedia

05 · wikidata

Callaway Golf Company is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps.

The company sells its products through golf retailers and sporting goods retailers, through mass merchants, directly online, and through its pre-owned and trade-in services. Callaway markets its products in more than 70 countries worldwide. The company, based in Carlsbad, California, is the world's largest manufacturer of golf clubs. In 2021, the company purchased Topgolf, a chain of entertainment-oriented driving ranges; in 2025, Callaway sold a majority stake in Topgolf to private equity.

In past years, Callaway marketed products under the "Toulon Design" and "Odyssey" putter brands, acquired in 1997, as well as "Top-Flite", "Strata", and "Ben Hogan" brands picked up following the bankruptcy of Spalding's former golf division in 2003.

History

Callaway Golf Company was founded by former Burlington Industries textile president, Ely Callaway Jr. in 1982. Callaway was raised in LaGrange, Georgia, and was a graduate of Emory University. He had previously been successful in the textile and wine industries, and was also an avid golfer. Among his favorite club brands was Hickory Sticks USA, which was known for producing clubs with hickory shafts and steel cores. At that time, Hickory Sticks was owned by Richard Parente, Dick De La Cruz, and Tony Manzoni. When Hickory Sticks started running low on funds, they began seeking investors and approached Callaway, who had just sold his vineyards for a $9 million profit. In 1982, he bought half of Hickory Sticks USA and the company was renamed "Callaway Hickory Stick USA." In 1983, he became the company's president and moved its headquarters to Carlsbad, California where he could be found selling clubs out of his Cadillac. In 1984, Callaway bought the rest of the company for another $400,000. The company's name was changed to its present name in 1988.

In 1985, the company hired Bruce Parker as head of sales, who later became the company's Chief Merchant and, through his tenure with Callaway Golf as head of sales, was responsible for sales in excess of $3.0 billion. He was involved in all major decisions during the company's growth.

In 1986, Callaway hired a billiard cue designer, Richard C. Helmstetter, as a consultant. Helmstetter was named chief club designer that same year and introduced computer-controlled manufacturing machines. With his help and that of Glenn Schmidt, the company's master tool maker, the company developed the original Big Bertha driver using large-volume (190cc) steel clubhead. The Big Bertha driver grew to 290 cc in 1997 and grew to be popular in play due to the larger clubhead size increasing the driver's moment of inertia and thus it's forgiveness.

In 1996, the company hired Roger Cleveland as chief club designer and in 2002, launched the Callaway Golf Forged Wedges, constructed from carbon steel with modified U-grooved faces.

In 1996, Callaway announced development of a new golf ball, under the leadership of Chuck Yash, the former head of Taylormade Golf. Callaway Golf spent three years developing the ball and a state-of-the-art production facility. The company invested $170 million in research and development, and construction of the 225,000-square-foot (20,900 m2) production facility.

Callaway Golf Company engineers, recruited from DuPont and Boeing, used aerodynamic computer programs (first used by Boeing and General Electric) to evaluate more than 300 dimple patterns and more than 1,000 variations of ball cores, boundary layers, and cover materials to create the new Rule 35 ball. They settled on only two versions of the Rule 35 ball—choosing to develop a "complete-performance" ball rather than separate balls developed for spin, control, distance, and durability. Ely Callaway explained the company's product development objectives as follows: "We have combined all of the performance benefits into one ball so players no longer need to sacrifice control for distance, or feel, or durability. Each Rule 35 ball contains a unique synergy of distance, control, spin, feel and durability characteristics. This eliminates confusion and guesswork in trying to identify the golf ball that is right for each individual golfer."

In 1997, Odyssey Sports was acquired, expanding Callaway's line of putters. This led to introduction of the Odyssey White Hot putter line in 2000, which would later lead to the introduction of the very popular Odyssey 2 ball white hot Mallet putter to the public in 2002.

Ely Callaway resigned as CEO and president in 1996, remaining as chairman of the board. Donald H. Dye was named CEO and president. Callaway also continued as president and CEO of Callaway Golf Ball Company. In 1998 he again became president and CEO of Callaway Golf Company, but died of pancreatic cancer on July 5, 2001. Ron Drapeau assumed his positions.

In 2003, Drapeau announced the company's intention to purchase Top-Flite Golf and its Ben Hogan Golf division soon after Top-Flite Golf filed for Chapter 11 bankruptcy. Due to competition from Adidas, the acquisition cost Callaway Golf $169 million.

On November 8, 2004, Callaway Golf named chairman and chief executive William C. Baker president and COO, replacing Patrice Hutin.

In August 2005, George Fellows was named president and CEO of Callaway Golf. He retained this position until June 2011.

In 2012, Oliver "Chip" Gordon Brewer III was named CEO of Callaway. Callaway sold the Top-Flite brand to Dick's Sporting Goods, citing declining sales, and the Ben Hogan brand to Perry Ellis International, with Callaway retaining several trademarks, including Apex and Edge.

In 2017, Callaway acquired OGIO, a US-based bag and apparel brand, and TravisMathew, a California-based lifestyle and golf apparel brand.

In 2019, Callaway acquired German outdoor apparel company Jack Wolfskin.

On October 27, 2020, Callaway announced that it would acquire Topgolf —a chain of entertainment-oriented interactive driving ranges—for $2 billion. Callaway believed that the acquisition would help to widen its demographic reach and appeal to renewed interest in golf that had emerged since the COVID-19 pandemic. Callaway promoted that its "leadership in the global golf equipment market and geographic diversity, combined with Topgolf's revolutionary technology platform and access to golfers of all abilities, will allow both companies to accelerate growth and create competitive advantages."

On August 24, 2022, Callaway Golf Company announced that it would rebrand as Topgolf Callaway Brands; its ticker symbol on the New York Stock Exchange was changed from "ELY" to "MODG" on September 7, 2022. Topgolf Callaway CEO Chip Brewer explained that the rebrand was based on feedback from investors suggesting that an emphasis be placed on the Topgolf acquisition, and he suggested that the subsidiary could account for over half of its earnings by 2025.

On September 4, 2024, Topgolf Callaway Brands announced that it would undo the merger and split into two separate companies by late-2025; the combination of Callaway and Topgolf did not prove to be economically successful due to market conditions, and its share price had declined from $29.52 to $10.76 since the completion of the merger. Callaway would also remain the official equipment supplier for Topgolf. In October 2024, Topgolf Callaway introduced "Topgolf Shop", an online golf equipment and apparel store oriented towards beginner golfers.

Initially, Topgolf was to be spun out as a second public company held by Callaway shareholders, with Callaway retaining a stake of at least 19.9% in Topgolf and assuming Topgolf Callaway's debt. In November 2025, an agreement was reached to instead sell a 60% majority stake in Topgolf to private equity firm Leonard Green & Partners, valuing the company at $1.1 billion and providing Callaway with $770 million in net proceeds. Brewer stated that the sale provided "both significant proceeds and substantial upside in the continued growth of Topgolf,"

Financial

In February 1992, Callaway Golf went public on the New York Stock Exchange with a market capitalization of $250 million. By late 1997, it reached a market capitalization of over $3.0 billion.

Endorsements and collaborations

Callaway has maintained endorsement deals with many professional golfers who play on the world's leading tours, including Xander Schauffele, Sam Burns, Min Woo Lee, Chris Kirk, Akshay Bhatia, Rasmus Hojgaard and Nicolai Højgaard.

Callaway has also had commercial relationships with major figures including Arnold Palmer and Annika Sörenstam, and celebrities such as Justin Timberlake and Stephen Curry. After being endorsed by Callaway late in his career, Seve Ballesteros expressed his gratitude to Ely Callaway by giving him a vintage Rolex, one he had worn since he first signed with the watchmaker.

In January 2023, Callaway reached an agreement with the popular golf-oriented YouTube channel Good Good, which would include collaborations with the company on its video content, as well as the ability to release co-branded apparel and equipment.

In September 2024, Callaway appointed entertainer and Arashi member Masaki Aiba as a brand ambassador in Japan; the collaboration included an Instagram page featuring Aiba, and a co-branded apparel collection released in 2025.

In August 2026, Callaway and Good Good faced criticism over an advertisement for a Good Good-branded driver, which opened with a scene of Good Good co-founder Garrett Clark shoving female golfer Alexis Miestowski to the ground as she went to touch the driver. The commercial was described as promoting violence against women; on August 23, Good Good announced that the commercial would be pulled, with Callaway stating that they were "appreciative of Good Good for addressing this", and that "we look forward to working together to ensure a more inclusive space in golf." On August 27, 2026, Callaway announced that it would end the Good Good partnership effective immediately, and pledge to donate $1 million towards organizations advocating against violence against women.

Locations

Manufacturing

Chicopee, MA - Golf Ball Operations

Awards

On December 8, 2005, Callaway Golf received the 2005 Torch Award for Marketplace Ethics, from the San Diego Better Business Bureau.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorConsumer Discretionary industryLeisure Products employees28,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$2.06B
2016-12-31 → 2025-12-31
EPS$-2.20
2016-12-31 → 2025-12-31
Free Cash Flow$302M
2016-12-31 → 2025-12-31
Net margin-12.4%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend CALY 5Y avg Peer Median Verdict
P/E (TTM) -9.85Y avg ≈12.3 ≈12.3 · ·
P/S (TTM) 1.35Y avg ≈1.1 ≈1.1 1.3 Overvalued
P/B (MRQ) 1.25Y avg ≈0.9 ≈0.9 2.0 Undervalued
EV / EBITDA 18.65Y avg ≈9.6 ≈9.6 13.6 Overvalued
Price / FCF (TTM) 5.85Y avg ≈-24.3 ≈-24.3 · ·
Price / Cash Flow (TTM) 7.25Y avg ≈-13.7 ≈-13.7 10.7 Undervalued
EV / Revenue 1.65Y avg ≈1.5 ≈1.5 · ·
EV / FCF 10.75Y avg ≈-27.0 ≈-27.0 · ·
Price / Tangible Book (MRQ) 1.45Y avg ≈8.7 ≈8.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Annualized Payout≈$0.04Paid quarterly
Ex-dateAmountCurrencyYield
May 26, 2020$0.01USD≈0.26%
Feb 12, 2020$0.01USD≈0.20%
Dec 3, 2019$0.01USD≈0.20%
Aug 12, 2019$0.01USD≈0.22%
May 20, 2019$0.01USD≈0.27%
Feb 13, 2019$0.01USD≈0.25%
Nov 20, 2018$0.01USD≈0.21%
Aug 10, 2018$0.01USD≈0.18%
May 21, 2018$0.01USD≈0.21%
Feb 13, 2018$0.01USD≈0.26%
Nov 21, 2017$0.01USD≈0.27%
Aug 18, 2017$0.01USD≈0.31%
May 19, 2017$0.01USD≈0.31%
Feb 23, 2017$0.01USD≈0.39%
Nov 28, 2016$0.01USD≈0.32%
Aug 23, 2016$0.01USD≈0.34%
May 23, 2016$0.01USD≈0.41%
Feb 19, 2016$0.01USD≈0.47%
Nov 20, 2015$0.01USD≈0.40%
Aug 19, 2015$0.01USD≈0.45%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 317.5%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 12, 2026 $0.39 $0.36 7.9%
March 31, 2026 May 12, 2026 $0.56 $0.43 28.8%
Dec. 31, 2025 $-0.25 $-0.45 44.7%
Sept. 30, 2025 $-0.05 $-0.20 75.3%
June 30, 2025 $0.24 $0.02 1468.6%
March 31, 2025 $0.11 $-0.06 279.7%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $2.06B$2.08B$2.13B$4.00B$3.13B$1.59B$1.70B$1.24B$1.05B$871M$844M$887M
Cost of Revenue $1.19B$1.19B$1.21B··$932M$934M$664M$568M$486M$486M$529M
Gross Profit $868M$887M$927M··$658M$767M$578M$480M$385M$358M$358M
R&D Expense $66M$64M$62M$76M$68M$46M$51M$41M$37M$33M$33M$31M
SG&A Expense $674M$670M$671M$971M$850M$542M$584M$100M$94M$72M$69M$62M
Operating Expenses ·····$763M$634M$450M$402M$341M$331M$327M
Operating Income $128M$153M$194M$257M$205M$-106M$133M$128M$79M$44M$27M$31M
Interest Expense ··$210M$143M$116M$47M$38M$6M$4M$2M$9M$9M
Other Non-op $20M$22M$6M$28M$9M$25M$2M$8M$-7M$-2M$1M$-48.0K
Pretax Income $88M$112M$130M$142M$351M$-128M$96M$131M$68M$58M$20M$22M
Income Tax $49M$18M$30M$-16M$29M$-600.0K$17M$26M$26M$-133M$5M$6M
Net Income $-409M$-1.45B$95M$158M$322M$-127M$79M$105M$41M$190M$15M$16M
EPS (Basic) $-2.23$-7.88$0.51$0.85$1.90$-1.35$0.84$1.11$0.43$2.02$0.18$0.21
EPS (Diluted) $-2.20$-7.23$0.50$0.82$1.82$-1.35$0.82$1.08$0.42$1.98$0.17$0.20
Shares (Basic) 183,700,000183,700,000185,000,000184,900,000169,100,00094,200,00094,251,00094,579,00094,329,00094,045,00083,116,00077,559,000
Shares (Diluted) 185,700,000199,300,000201,100,000201,300,000176,900,00094,200,00096,287,00097,153,00096,577,00095,845,00084,611,00078,385,000
EBITDA $174M$-989M$477M$450M$361M$-66M$168M$148M$96M$61M$44M$52M
Balance Sheet 30
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $903M$445M$394M$180M$352M$366M$107M$64M$64M$126M$50M$38M
Receivables $123M$137M$200M$167M$105M$138M$140M$71M$95M$128M$116M$110M
Inventory $625M$628M$794M$959M$534M$353M$457M$338M$262M$189M$209M$207M
Prepaid Expense $44M$41M$56M$57M$54M$20M······
Other Current Assets $70M$62M$183M$136M$119M$35M$76M$51M$23M$17M$17M$23M
Current Assets $5.94B$1.60B$1.63B$1.52B$1.17B$913M$789M$525M$466M$460M$391M$384M
PP&E (Net) $160M$176M$2.16B$1.81B$1.45B$146M$133M$88M$70M$54M$56M$58M
PP&E (Gross) $506M$490M$2.82B$2.30B$1.78B$408M$396M$327M$316M$313M$300M$321M
Accum. Depreciation $347M$314M$659M$486M$333M$261M$263M$239M$246M$259M$244M$263M
Goodwill $620M$619M$619M$1.98B$1.96B$57M$204M$56M$56M$26M$26M$28M
Intangibles $222M$222M$1.51B$1.50B$1.53B$484M$493M$225M$226M$89M$89M$89M
Other Non-current Assets $66M$121M$432M$355M$258M$74M$17M$11M$11M$8M$8M$13M
Total Assets $7.29B$7.64B$9.12B$8.59B$7.75B$1.98B$1.96B$1.05B$991M$801M$631M$625M
Accounts Payable $110M$62M$131M$159M$139M$66M$68M$42M$63M$55M$55M$46M
Accrued Liabilities ·····$183M$196M$127M$88M$57M$47M$57M
Short-term Debt $45M$25M$55M$219M$9M$22M······
Current Liabilities $4.37B$826M$948M$1.18B$866M$391M$523M$303M$314M$187M$179M$184M
Capital Leases $190M$164M$1.43B$1.44B$1.39B$178M$138M$0····
Deferred Tax $2M$2M$37M$118M$164M$59M$73M$2M$2M$2M$35M$35M
Other Non-current Liabilities $9M$5M$326M$251M$164M$26M$8M$2M$2M$624.0K$1M$2M
Long-term Debt $1.42B$1.43B$1.54B$1.19B$1.04B$665M$451M$10M$12M$0··
Total Debt $1.46B$1.50B$1.57B$1.40B$1.03B$665M$451M$10M$12M···
Common Stock $2M$2M$2M$2M$2M$956.0K$956.0K$956.0K$950.0K$942.0K$938.0K$784.0K
Paid-in Capital $3.04B$3.03B$3.03B$3.01B$3.05B$347M$324M$341M$335M$330M$323M$210M
Retained Earnings $-910M$-500M$948M$852M$682M$360M$489M$414M$324M$287M$101M$90M
Treasury Stock $33M$51M$56M$31M$26M$26M$24M$18M$4M$905.0K$20.0K$8M
AOCI $-28M$-76M$-48M$-62M$-27M$-7M$-22M$-14M$-6M$-18M$-12M$-796.0K
Stockholders' Equity $2.07B$2.41B$3.88B$3.77B$3.68B$676M$767M$734M$659M$599M$413M$292M
Liabilities + Equity $7.29B$7.64B$9.12B$8.59B$7.75B$1.98B$1.96B$1.05B$991M$801M$631M$625M
Shares Outstanding 186,200,000186,200,000187,000,000186,200,000186,200,00095,600,00095,600,000·····
Cash Flow 18
Metric Trend 202520242023202220212020201920182017201620152014
D&A $46M$44M$46M$193M$156M$40M$35M$20M$18M$17M$17M$21M
Stock-based Comp $24M$28M$33M$47M$39M$11M$13M$14M$13M$9M$8M$6M
Deferred Tax $19M$-12M$-10M$-38M$9M$-9M$4M$17M$18M$-141M$400.0K$-407.0K
Amort. of Intangibles $900.0K$700.0K$3M$15M$13M$5M$5M$1M$546.0K$71.0K$51.0K$68.0K
Restructuring ·$22M$12M·········
Other Non-cash $654M$1.57B$64M$-395M$-247M$314M$-45M$-63M$28M$3M$-9M$-6M
Operating Cash Flow $334M$382M$365M$-35M$278M$228M$87M$92M$118M$78M$31M$37M
CapEx $32M$49M$50M$532M$322M$39M$55M$37M$26M$16M$14M$11M
Investing Cash Flow $22M$-297M$-543M$-535M$-162M$-59M$-536M$-39M$-231M$9M$-18M$-25M
Net Debt Issued $-18M$-79M$-794M$-97M$-201M$-12M$-37M·····
Stock Repurchased $4M$31M$56M$36M$38M$22M$28M$22M$17M$5M$2M$1M
Net Stock Activity $-4M$-31M$-56M$-36M$-38M$-22M$-28M$-22M$-17M$-5M$-2M$-1M
Dividends Paid ···$0$0$2M$4M$4M$4M$4M$3M$3M
Financing Cash Flow $92M$-24M$376M$425M$-124M$96M$493M$-75M$69M$-9M$948.0K$-13M
Net Change in Cash $453M$52M$195M$-154M$-8M$259M$43M$-22M$-40M$76M$12M$842.0K
Taxes Paid $23M$21M$22M$28M$9M$3M$10M$10M$11M$6M$5M$8M
Free Cash Flow $302M$87M$-117M$-567M$-44M$189M$32M$55M$91M$62M$16M$26M
Levered FCF ··$-691M$-726M$-150M$142M$-664.6K$51M$89M$54M$10M$19M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 42.1%····41.4%45.1%46.5%45.8%44.2%42.4%40.4%
Operating Margin 6.2%-29.7%5.5%6.4%6.5%-6.6%7.8%10.3%7.5%5.1%3.2%3.5%
Net Margin -19.9%-34.2%2.2%4.0%10.3%-8.0%4.7%8.4%3.9%21.8%1.7%1.8%
Pretax Margin 4.2%-34.8%0.81%3.5%11.2%-8.0%5.6%10.6%6.5%6.7%2.4%2.4%
EBITDA Margin 8.5%-23.3%11.1%11.2%11.5%-4.2%9.8%11.9%9.2%7.0%5.2%5.9%
ROA -5.5%-17.3%1.1%1.9%6.6%-6.4%5.3%10.2%4.5%26.5%2.3%2.5%
ROE -18.0%-45.6%2.5%4.2%14.8%-17.7%10.3%15.1%6.5%37.5%4.1%5.6%
ROIC 1.6%-31.6%11.9%5.5%4.0%-7.8%9.0%14.0%7.3%24.1%4.7%7.8%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.41.91.71.31.32.31.51.71.52.52.22.1
Quick Ratio 0.20.80.60.30.51.30.50.40.61.40.90.8
Debt / Equity 0.70.60.40.40.31.00.60.00.0···
LT Debt / Equity 0.30.60.40.30.31.00.60.00.0···
Interest Coverage ··1.11.81.8-2.23.423.218.118.73.13.2
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.30.50.50.50.60.81.11.21.21.21.31.4
Inventory Turnover 1.9····2.32.42.22.52.42.32.2
Receivables Turnover 15.822.523.329.325.711.416.118.59.47.27.58.8
Per Share 7
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $11.11$12.93$20.74$20.27$19.78·······
Revenue / Share $11.09$23.08$21.31$19.85$17.71$16.87$17.67$12.79$10.86$9.09$9.97$11.32
Cash Flow / Share $1.80$2.08$1.81$-0.17$1.57$2.42$0.90$0.95$1.22$0.81$0.36$0.47
Cash / Share $4.85$2.39$2.10$0.97$1.89·······
Dividend / Share ········$0.04$0.04$0.04$0.04
Dividend Paid / Share ····$0.01$0.02$0.04$0.04$40.00···
EPS (TTM) $-2.20$-7.23$0.50$0.82$1.82$-1.35$0.82$1.08$0.42$1.98$0.17$0.20
Growth Rates 5
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY -0.85%-2.6%-46.6%27.5%97.1%·······
Revenue CAGR 3Y -19.8%-12.8%10.3%·········
Revenue CAGR 5Y 5.3%···········
EPS YoY ··-39.0%-54.9%········
Net Income YoY ··-39.8%-51.0%········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $2.06B$2.08B$2.13B$4.00B$3.13B$1.59B$1.70B$1.24B$1.05B$871M$844M$887M
Net Income TTM $-409M$-1.45B$95M$158M$322M$-127M$79M$105M$41M$190M$15M$16M
Market Cap $2.17B$1.46B$2.68B$3.68B$5.11B·······
Enterprise Value $2.73B$2.52B$3.86B$4.89B$5.79B·······
P/E -5.3-1.128.724.115.1-17.825.914.233.25.555.438.5
P/S 1.10.71.30.91.6·······
P/B 1.10.60.71.01.4·······
P / Tangible Book 1.80.91.512.826.3·······
P / Cash Flow 6.53.87.4-104.818.4·······
P / FCF 7.216.9-22.9-6.5-116.1·······
EV / EBITDA 15.6-2.58.110.916.1·······
EV / FCF 9.029.1-32.9-8.6-131.6·······
EV / Revenue 1.31.21.81.21.8·······
Dividend Yield ···0.00%0.00%·······
Earnings Yield -18.9%-92.0%3.5%4.2%6.6%-5.6%3.9%7.1%3.0%18.1%1.8%2.6%
Payout Ratio ···0.00%0.00%-1.5%4.8%3.6%9.2%2.0%23.3%19.4%
Annual Payout ···$0$0$2M$4M$4M$4M$4M$3M$3M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $2.06B $2.08B $2.13B $4.00B $3.13B
Gross Margin % 42.1% · · · ·
Operating Margin % 6.2% -29.7% 5.5% 6.4% 6.5%
Net Income $-409M $-1.45B $95M $158M $322M
Diluted EPS $-2.20 $-7.23 $0.50 $0.82 $1.82

Institutional owners (13F) 344 filers · $3.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 344
Value held $3.1B
New positions 53
Exited positions 36
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
53 (-13 vs prior Q) 36 (-2 vs prior Q) 119 (+12 vs prior Q) 94 (+10 vs prior Q) +1.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $399,195,637 21,245,111 12.91% Shares
WELLINGTON MANAGEMENT GROUP LLP $268,369,546 14,282,573 8.68% Shares
DIMENSIONAL FUND ADVISORS LP $188,292,707 10,020,519 6.09% Shares
VANGUARD GROUP INC $187,452,933 16,062,805 6.06% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $157,017,940 8,356,463 5.08% Shares
AMERICAN CENTURY COMPANIES INC $129,144,285 6,873,031 4.18% Shares
VANGUARD CAPITAL MANAGEMENT LLC $109,343,839 5,819,257 3.54% Shares
STATE STREET CORP $103,813,416 5,524,929 3.36% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $79,418,904 4,226,658 2.57% Shares
GEODE CAPITAL MANAGEMENT, LLC $75,638,176 4,024,811 2.45% Shares
SHAPIRO CAPITAL MANAGEMENT LLC $69,979,221 3,724,280 2.26% Shares
PRINCIPAL FINANCIAL GROUP INC $66,749,559 3,552,398 2.16% Shares
GOLDMAN SACHS GROUP INC $61,210,717 3,257,622 1.98% Shares
MORGAN STANLEY $52,807,046 2,810,380 1.71% Shares
VICTORY CAPITAL MANAGEMENT INC $51,711,414 2,752,071 1.67% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $46,935,691 2,497,908 1.52% Shares
NORTHERN TRUST CORP $41,839,354 2,226,682 1.35% Shares
Invesco Ltd. $41,771,072 2,223,048 1.35% Shares
BANK OF AMERICA CORP /DE/ $37,847,431 2,014,233 1.22% Shares
Nicholas Investment Partners, LP $36,722,763 1,954,378 1.19% Shares
CITADEL ADVISORS LLC $32,440,146 1,726,458 1.05% Shares
FMR LLC $32,077,581 1,707,162 1.04% Shares
JPMORGAN CHASE & CO $32,046,545 1,661,779 1.04% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $28,192,084 1,500,377 0.91% Shares
JUPITER ASSET MANAGEMENT LTD $28,158,769 1,498,604 0.91% Shares
AMERIPRISE FINANCIAL INC $27,904,990 1,485,098 0.90% Shares
TUDOR INVESTMENT CORP ET AL $26,801,079 1,426,348 0.87% Shares
RENAISSANCE TECHNOLOGIES LLC $25,157,931 1,338,900 0.81% Shares
O'Keefe Stevens Advisory, Inc. $22,336,105 1,188,723 0.72% Shares
Point72 Asset Management, L.P. $22,274,004 1,185,418 0.72% Shares
Granite Investment Partners, LLC $20,839,181 1,109,057 0.67% Shares
ALLIANCEBERNSTEIN L.P. $20,301,929 1,462,675 0.66% Shares
MACKENZIE FINANCIAL CORP $19,700,244 1,048,443 0.64% Shares
Nuveen, LLC $19,146,540 1,018,975 0.62% Shares
Empowered Funds, LLC $18,713,393 995,923 0.61% Shares
JANE STREET GROUP, LLC $17,604,501 936,908 0.57% Shares
VANGUARD FIDUCIARY TRUST CO $16,904,874 899,674 0.55% Shares
Bank of New York Mellon Corp $16,846,798 896,583 0.54% Shares
LOOMIS SAYLES & CO L P $15,311,670 814,884 0.50% Shares
FIRST TRUST ADVISORS LP $13,777,448 733,233 0.45% Shares
COMMERCE BANK $12,652,453 673,361 0.41% Shares
MILLENNIUM MANAGEMENT LLC $12,635,580 672,463 0.41% Shares
Russell Investments Group, Ltd. $11,068,908 589,085 0.36% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $10,830,725 576,409 0.35% Shares
UBS Group AG $10,751,262 572,180 0.35% Shares
Weiss Asset Management LP $10,217,382 543,767 0.33% Shares
Divisadero Street Capital Management, LP $9,691,469 515,778 0.31% Shares
Trexquant Investment LP $9,315,669 495,778 0.30% Shares
NEW YORK STATE COMMON RETIREMENT FUND $9,288,611 494,338 0.30% Shares
Public Sector Pension Investment Board $8,819,218 469,357 0.29% Shares

Show all 344 institutional owners →

Activists & 5%+ owners 4 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
PEP TG INVESTMENTS LP, PEP TG Investments GP LLC, Michael Dominguez ×5 filings May 26, 2026 0.07% Amendment · SEC
WestRiver Management, LLC, Erik J Anderson, TGP Advisors, LLC, TGP Manager, LLC, TGP Investors, LLC, TGP Investors II, LLC ×2 filings Oct. 1, 2021 · Initial filing · SEC
DDFS PARTNERSHIP LP, DDFS MANAGEMENT COMPANY LLC, Thomas G. Dundon (2) March 11, 2021 · Initial filing Passive investment SEC
JANA PARTNERS LLC ×4 filings July 23, 2020 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 50 insiders · 26 officers · 21 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Artie Starrs CEO, Topgolf Aug. 12, 2025 S 105,823 0 0 $0
Melody Harris-Jensbach CEO, Jack Wolfskin Feb. 8, 2019 A · 0 0 $0
George Fellows President and CEO June 29, 2011 M 447,537 0 0 $0
Brian P. Lynch EVP, CFO March 14, 2026 M 280,058 0 0 $0
Bradley J Holiday SEVP, CFO May 27, 2015 M 79,102 0 0 $0
Patrice Hutin President & COO Jan. 30, 2004 A 483 0 0 $0
Timothy R. Reed EVP, Golf R&D, Strategy & Fit Aug. 26, 2026 M 172,482 0 0 $0
Jennifer L. Thomas SVP, Chief Accounting Officer Aug. 26, 2026 M 87,665 0 0 $0
Glenn F. Hickey EVP & Pres., Callaway Sales Aug. 6, 2026 S 72,239 0 1 $-540,518
Mark F Leposky EVP,Chief Supply Chain Officer April 23, 2026 M 348,651 0 0 $0
Angela J. Deskins EVP, Chief People Officer March 14, 2026 M 3,652 0 0 $0
Joseph B. Flannery EVP, Apparel & Soft Goods Feb. 6, 2024 A 28,471 0 0 $0
Richard H. Arnett EVP, Glb. Mktg. & CGC Brands Aug. 9, 2019 S 31,276 0 0 $0
Alan Hocknell SVP, Research & Development Jan. 31, 2019 A 80,717 0 0 $0
Neil Howie Managing Director, EMEA Jan. 31, 2019 A 96,807 0 0 $0
Alex Mitchell Boezeman Managing Director, East Asia Jan. 31, 2019 A 74,750 0 0 $0
Leighton Edwin Richards MD, S.E. Asia & South Pacific Jan. 31, 2014 A 3,376 0 0 $0
Joseph Urzetta SVP, Americas July 9, 2012 M 18,999 0 0 $0
Jeffrey M Colton SVP, Global Brand & Product June 8, 2012 M 29,309 0 0 $0
Steven C Mccracken Senior Executive VP, CAO May 15, 2012 M 36,504 0 0 $0
Marlo Michelle Cormier Platz Chief Accounting Officer Jan. 29, 2012 M 6,699 0 0 $0
David A Laverty Senior VP, Operations Sept. 1, 2011 S 0 0 0 $0
Thomas Yang Senior VP, International July 8, 2011 M 32,608 0 0 $0
Robert A Penicka Senior Executive VP Aug. 11, 2006 F 20,799 0 0 $0
John Melican Senior Vice President Jan. 27, 2006 A 6,085 0 0 $0
Richard C Helmstetter Senior Executive VP Jan. 18, 2005 A 80,000 0 0 $0
Mark D. Mandel Director Sept. 15, 2026 A 1,657 0 0 $0
Adebayo O. Ogunlesi Director Sept. 15, 2026 A 160,758 0 0 $0
Russell L. Fleischer Director Sept. 15, 2026 A 157,769 0 0 $0
Bavan Holloway Director May 29, 2026 M 41,447 0 0 $0
Linda B Segre Director May 29, 2026 M 86,015 0 0 $0
John F Lundgren Director May 29, 2026 M 120,956 0 0 $0
Anthony S Thornley Director May 29, 2026 M 107,330 0 0 $0
Varsha Rajendra Rao Director May 21, 2026 M 71,717 0 0 $0
Thomas G. Dundon Director May 21, 2026 A 61,865 0 0 $0
Erik J Anderson Director May 21, 2026 M 39,153 0 7 $-2,765,500
Matthew C. Turney Director May 30, 2025 M 15,084 0 0 $0
Scott M. Marimow Director May 30, 2025 M 25,704 0 0 $0
Laura Jean Flanagan Director May 29, 2025 M 50,160 0 0 $0
Scott H Baxter Director May 25, 2023 M 20,730 0 0 $0
Samuel H Armacost Director May 25, 2023 M 99,086 0 0 $0
John C Cushman III Director May 12, 2021 M 84,344 0 0 $0
Ronald S Beard Director May 7, 2020 M 76,116 0 0 $0
Richard L Rosenfield Director May 2, 2017 M 75,775 0 0 $0
Yotaro Kobayashi Director May 14, 2014 M 36,986 0 0 $0
William C Baker Director May 4, 2006 M 10,851 0 0 $0
Oliver G Brewer III · Aug. 7, 2026 S 200,983 0 8 $-1,259,973
Rebecca Fine · Dec. 31, 2025 M 123,861 0 0 $0
Robert K. Julian · April 25, 2017 M 8,737 0 0 $0
Ronald A Drapeau · Jan. 30, 2004 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 57 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PEZ · Invesco Exchange-Traded Fund Trust 2.67% 40,814 SH Oct. 1, 2026 Daily
PSCD · Invesco Exchange-Traded Fund Trust … 0.99% 15,701 SH Oct. 1, 2026 Daily
VAMO · Cambria ETF Trust 0.89% 52,682 NS July 31, 2026 N-PORT
HAPS · Harbor ETF Trust 0.83% 76,381 NS July 31, 2026 N-PORT
XSVM · Invesco Exchange-Traded Fund Trust 0.57% 236,029 SH Oct. 1, 2026 Daily
FYC · First Trust Exchange-Traded AlphaDE… 0.53% 373,623 NS July 31, 2026 N-PORT
XSHQ · Invesco Exchange-Traded Fund Trust … 0.44% 89,182 SH Oct. 1, 2026 Daily
XSMO · Invesco Exchange-Traded Fund Trust 0.41% 829,634 SH Oct. 1, 2026 Daily
DWAS · Invesco Exchange-Traded Fund Trust … 0.33% 96,745 SH Oct. 1, 2026 Daily
CALF · Pacer Funds Trust 0.28% 565,490 NS July 31, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.25% 185,701 NS July 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.23% 1,031,624 NS July 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.19% 131,593 NS July 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.18% 352,316 SH Oct. 1, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.18% 104,072 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.17% 122,852 SH Aug. 19, 2026 Daily
RWJ · Invesco Exchange-Traded Fund Trust … 0.16% 214,206 SH Oct. 1, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.14% 477,699 SH Aug. 19, 2026 Daily
DFAT · Dimensional ETF Trust 0.13% 1,038,949 NS July 31, 2026 N-PORT
QVMS · Invesco Exchange-Traded Fund Trust … 0.13% 21,046 SH Oct. 1, 2026 Daily
FDIS · FIDELITY COVINGTON TRUST 0.12% 107,789 NS July 31, 2026 N-PORT
VCR · VANGUARD WORLD FUND 0.11% 419,495 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.11% 33,845 NS July 31, 2026 N-PORT
VFMO · VANGUARD WELLINGTON FUND 0.10% 103,447 SH Aug. 19, 2026 Daily
VIOV · VANGUARD ADMIRAL FUNDS 0.10% 104,360 SH Aug. 19, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.10% 37,679 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.08% 67,611 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.08% 812,666 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.08% 645,647 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.07% 3,615,217 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.07% 43,797 SH Sept. 11, 2026 Daily
ESML · iShares Trust 0.05% 93,725 SH Sept. 11, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.05% 1,832,372 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.03% 10,300 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.03% 1,566,735 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.03% 2,878,392 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.02% 8,334 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.02% 487,689 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.02% 32,151 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 12,166 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.01% 11,102 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.01% 48,933 NS July 31, 2026 N-PORT
DSI · iShares Trust 0.01% 19,390 SH Sept. 9, 2026 Daily
DFUS · Dimensional ETF Trust 0.00% 40,894 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 198,027 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.00% 25,910 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 39,175 SH Sept. 3, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 4,003,642 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 114,438 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 11,662 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.00% 31,290 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 8,332,392 SH Sept. 10, 2026 Daily
IJT · iShares Trust · 832,410 SH Sept. 9, 2026 Daily
IJS · iShares Trust · 437,321 SH Sept. 8, 2026 Daily
IWN · iShares Trust · 1,327,045 SH Sept. 11, 2026 Daily
XJR · iShares Trust · 18,844 SH Aug. 31, 2026 Daily
ISCB · iShares Trust · 6,293 SH Sept. 11, 2026 Daily

CALY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 18 analysts BUY
Median target $20.00 +38.4%
3 16.7% Strong Buy
7 38.9% Buy
7 38.9% Hold
1 5.6% Sell
0 0.0% Strong Sell

12-Month Price Target

10 analysts · 2026-10-03

Mean target $20.40 +41.2%

← Below all targets Current price $14.45
Low$17.00 Mean$20.40 High$23.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CALY $2.17B -5.3 -0.85% -19.9% -18.0% 42.1%
MAT · 16.0 -0.59% 7.4% 18.1% 48.7%
BC $4.82B -35.7 2.4% -2.6% -7.8% ·
YETI $3.36B 22.1 2.1% 8.8% 22.8% 57.4%
PII $3.57B -7.7 -0.33% -6.5% -44.0% 19.1%
PTON · 42.2 -1.8% 2.6% -27.1% 52.6%
SWIM $741M 70.6 7.3% 2.0% 2.8% 33.4%
RGR · -120.9 1.9% -0.80% -1.5% 14.9%
TRON $324M -7.8 10.0% -354.6% -10.4% 25.3%
SWBI $693M 37.9 10.4% 3.5% 5.0% 26.9%
MCFT $631M -258.2 22.8% -0.48% -0.59% 22.9%

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 10-Q filed Aug 4, 2026