Topgolf Callaway Brands Corp. (MODG) Stock

About Topgolf Callaway Brands Corp.

Topgolf Callaway Brands Corp., founded in 1982 and based in Carlsbad, California, is a global entity dedicated to the creation, production, and distribution of golf equipment, golf and lifestyle clothing, and various related accessories. The corporation, formerly known as Callaway Golf Company, adopted its current name in September 2022. Its business activities are structured across three primary segments: Topgolf, Golf Equipment, and Apparel, Gear and Other. The Topgolf segment is responsible for managing its network of Topgolf entertainment venues. These facilities feature cutting-edge, technology-enabled hitting bays, complete with several bars, dining options, and spaces for events. This division also incorporates the Toptracer ball-flight tracking system and the World Golf Tour digital golf game. Within the Golf Equipment segment, the company provides a comprehensive selection of golf clubs, ranging from drivers, fairway woods, hybrids, and irons to wedges, packaged sets, and putters, alongside pre-owned clubs, mainly under the Callaway and Odyssey brands. It also offers golf balls branded as Callaway Golf and Strata. The Apparel, Gear and Other segment comprises a varied collection of brands. The Callaway brand offers golf apparel, footwear, and accessories such as golf bags, gloves, headwear, and practice aids. TravisMathew provides both golf and lifestyle apparel, hats, luggage, a variety of accessories, footwear, belts, facemasks, sunglasses, socks, and underwear. For storage solutions, the OGIO brand supplies backpacks; travel, duffel, and golf bags; and related accessories, outerwear, and headwear. Additionally, the Jack Wolfskin brand focuses on outdoor apparel, including jackets, trousers, dresses, skirts, and tops, as well as outdoor footwear and gear like packs, bags, travel bags, tents, sleeping bags, and other accessories. The company's offerings are distributed through an extensive network of sales channels, including specialized golf retailers, sporting goods outlets, e-commerce sites, large mass market stores, department stores, independent third-party distributors, mail order services, and direct sales via its own websites. Its market presence spans the United States and extends to roughly 120 other countries worldwide.

Topgolf Callaway Brands Corp. is headquartered in US.

Topgolf Callaway Brands Corp. (MODG) stock trades at $14.68 with a market capitalization of $2.70B. The stock is valued at a price-to-earnings (P/E) ratio of 24.07, price-to-book of 1.27, price-to-sales of 0.87. Over the past 52 weeks the stock has ranged between $5.42 and $16.65, and currently trades 11.8% below its 52-week high.

On profitability, Topgolf Callaway Brands Corp. generates a return on equity (ROE) of 4.88%, return on capital employed of 8.15%, an operating margin of 6.49%, a net profit margin of 3.60%.

Official website: www.callawaygolf.com

Topgolf Callaway Brands Corp. by the numbers, 2016–2025

Between 2016 and 2025 Topgolf Callaway Brands Corp. reported revenue of $871.0M rising to $2.1B, a change of +136.5% across 10 years. Compounded, revenue has grown 5.3% a year over five years, -19.8% over three, -51.4% over the last twelve months. Net profit fell to $39.0M.

Operating margin went from 5.1% in 2016 to 6.2% in 2025, a gain of 1.1 percentage points. The most recent net margin is 3.60%. On a trailing twelve-month basis to Mar '26, revenue is $3.1B and net profit $111.0M.

Borrowings rose from $12.0M to $1.9B, cash on hand is $499.5M, cash from operations was $220.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged -8.6% over five years, and was 1.9% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Topgolf Callaway Brands Corp. (MODG) — frequently asked questions