Topgolf Callaway Brands Corp (NYSE:MODG) (2024)

Gross Margin

Topgolf Callaway Brands Corp

61.9%

Current

55%

Average

31.9%

Industry

Positive for the last year

61.9%

Positive average

55%

Betterthan average

Betterthan industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin

61.9%

=

Gross Profit

2.6B

/

Revenue

4.2B

Gross Margin Across Competitors

Gross Margin Comparison

Topgolf Callaway Brands Corp Competitors

Topgolf Callaway Brands Corp (NYSE:MODG) (1)

CountryJP
Market Cap2TJPY
Gross Margin

40%

CountryJP
Market Cap2TJPY
Gross Margin

37%

CountryUS
Market Cap7.1BUSD
Gross Margin

60%

CountryUS
Market Cap6.5BUSD
Gross Margin

46%

CountryUS
Market Cap6.1BUSD
Gross Margin

28%

CountryCA
Market Cap7BCAD
Gross Margin

25%

CountryUS
Market Cap5.1BUSD
Gross Margin

23%

CountryUK
Market Cap3.3BGBP
Gross Margin

68%

CountryUS
Market Cap4.1BUSD
Gross Margin

50%

Gross Margin Distribution

Gross Margin Distribution

Leisure Products Industry

Topgolf Callaway Brands Corp (NYSE:MODG) (24)

Profitability Report

View the profitability report to see the full profitability analysis for Topgolf Callaway Brands Corp.

What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin

61.9%

=

Gross Profit

2.6B

/

Revenue

4.2B

What is the Gross Margin of Topgolf Callaway Brands Corp?

Based on Topgolf Callaway Brands Corp's most recent financial statements, the company has Gross Margin of 61.9%.

Topgolf Callaway Brands Corp (NYSE:MODG) (2024)

FAQs

Is Topgolf on the stock market? ›

Topgolf Callaway Brands Corp. Common Stock (MODG) Stock Price, Quote, News & History | Nasdaq.

What companies are in the Modg? ›

The Global Leader In Modern Golf

(NYSE: MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin, and World Golf Tour (“WGT”).

Are Topgolf and Callaway the same company? ›

The company also produces clothing through its subsidiary "Callaway Apparel,” and golf shoes, through its "Cuater" subsidiary. In 2021, the company purchased Topgolf, and thus also operates a chain of golf-related amusem*nt and events centers. Topgolf Callaway Brands Corp.

What is the stock symbol for Calloway? ›

Topgolf Callaway Brands Corp MODG:NYSE

There is no recent news for this security.

How do I buy MODG stock? ›

Sign up for a Robinhood brokerage account to buy or sell MODG stock and options commission-free. Other fees may apply. See Robinhood Financial's fee schedule to learn more.

Is Callaway publicly traded? ›

20, 2021 /PRNewswire/ -- Callaway Golf Company (the "Company" or "Callaway") (NYSE: ELY) announced today the closing of its previously announced underwritten public offering of 4,600,000 shares of its common stock, which includes the full exercise by the underwriters of their option to purchase up to 600,000 additional ...

Who owns Topgolf Callaway? ›

Why did Callaway merge with Topgolf? ›

It has become one of the fastest-growing sports and entertainment brands on the globe. The mission of the rebranded Topgolf Callaway portfolio is to be the global leader in modern golf, helping the game's continued evolution by making it more accessible and more enjoyable.

Who is Topgolf merging with? ›

Callaway bought Topgolf for $2.6 billion in a deal that closed in March 2021. Topgolf has around 70 venues, with plans to open 11 per year for the next five years. Callaway's strategy focuses on making golf accessible to a broader population that may not have the time or money to take up traditional golf.

Why is Callaway's ticker modg? ›

In connection with the change, effective on or about September 7, 2022 , the Company also intends to change its ticker symbol on the New York Stock Exchange from "ELY" to "MODG" to reflect the Company's leadership position in the Modern Golf ecosystem.

Should I buy Modg stock? ›

The consensus among 8 Wall Street analysts covering (NYSE: MODG) stock is to Buy MODG stock.

Does MODG pay a dividend? ›

The current TTM dividend payout for Topgolf Callaway Brands (MODG) as of April 18, 2024 is $0.00. The current dividend yield for Topgolf Callaway Brands as of April 18, 2024 is 0.00%.

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