$14.68
+0.0000%Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand. This segment also provides storage gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, on-line retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites in the United States and approximately 120 countries. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.
MODG โข NYSE
| Topgolf Callaway Brands Corp. Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 | Dec 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
-1.4B | 95M | 157.9M | 322M | -126.9M | 79.2M | 105.3M | 41.7M | 189.9M | 14.6M | 16M | -18.9M | -124.2M | -171.8M | -18.8M | -15.3M | 66.2M | 54.6M | 23.3M | 13.3M | |
268.4M | 239.7M | 192.8M | 235.8M | 39.5M | 35M | 19.9M | 17.6M | 16.6M | 17.4M | 21.2M | 25.5M | 34.4M | 38.6M | 40.9M | 40.7M | 38M | 35.3M | 32.3M | 38.3M | |
-48.2M | -88.9M | -31M | 8.4M | -12.5M | -1.4M | 21.7M | 24.6M | -141.4M | 128K | 604K | -2.3M | -1.9M | 55.9M | -3.8M | 3.4M | 14.7M | 9M | 979K | -3.9M | |
37M | 46.7M | 0.0 | 0.0 | 10.9M | 12.9M | 13.5M | 12.6M | 9M | 7.5M | 5.7M | 3.5M | 3.1M | 9.6M | 9.6M | 8.8M | 0.0 | 0.0 | 0.0 | 0.0 | |
1.5B | 61.6M | 184.9M | -198.5M | 219.4M | 48.9M | -4.6M | 5.6M | -17.4M | -475K | -592K | 2.9M | 14.3M | -958K | 7.7M | -594K | -13M | 10.9M | 11.9M | 13M | |
(20.9M) | (0.0) | (0.0) | (0.0) | (3.1M) | (9.5M) | (9.6M) | (10.8M) | (6.1M) | (5.5M) | -8.1M | (5M) | (4.2M) | (0.0) | (0.0) | (9M) | (27.5M) | (0.0) | (0.0) | (0.0) | |
46.7M | 10.6M | -539.7M | -89.4M | 97.9M | -88M | -63.6M | 15.6M | 21.1M | -8.6M | -6.1M | -19.7M | 45.5M | 78.7M | -26M | 5.8M | -64.1M | 46.9M | -52.3M | 9.7M | |
382M | 364.7M | -35.1M | 278.3M | 228.2M | 86.6M | 92.3M | 117.7M | 77.7M | 30.6M | 36.9M | -8.9M | -28.8M | 10.1M | 9.6M | 42.9M | 41.6M | 152M | 17.3M | 70.3M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-298.6M | -482.8M | -535.5M | -322.3M | -39.3M | -54.7M | -36.8M | -26.2M | -16.2M | -14.4M | -10.8M | -13M | -18.4M | -28.9M | -22.2M | -38.8M | -51M | -32.9M | -32.5M | -34.3M | |
-300K | -60.6M | (0.0) | (20K) | -20M | -481M | -1.7M | -205M | (22M) | -940K | -13.1M | -13.6M | (0.0) | (0.0) | (0.0) | (0.0) | -9.8M | (0.0) | (374K) | (0.0) | |
(0.0) | -2.5M | (0.0) | -30M | -20M | -17.9M | -1.7M | -21.5M | -1.4M | -940K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -89K | -763K | -3.7M | -10M | (0.0) | |
0.0 | 0.0 | 400K | 19.1M | 20M | 17.9M | 0.0 | 0.0 | 23.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 51M | 0.0 | 0.0 | 0.0 | |
1.6M | 3M | 0.0 | 171.3M | 49K | 38K | 43K | 587K | 3.1M | -3.1M | -1.2M | 4.1M | 23.9M | 19.4M | -2.6M | 255K | -50.2M | 11.5M | 469K | 1.4M | |
-297.3M | -542.9M | -535.1M | -161.9M | -59.2M | -535.7M | -38.5M | -230.6M | (9M) | -18.4M | -25.1M | -22.5M | (5.5M) | -9.6M | -24.8M | -38.7M | -60.8M | -25.2M | -41.6M | -32.9M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-31.4M | -51.8M | -35.1M | -15.9M | -22.2M | -28.1M | -22.5M | -16.6M | -5.1M | -2M | -1M | 0.0 | 0.0 | 2.2M | 3M | 2.6M | -18.9M | -66.8M | -43.3M | 14.8M | |
7.9M | 427.6M | 466M | -104.6M | 160.8M | 561.6M | -49.6M | 87.6M | -3M | 0.0 | -10.4M | 25.7M | 43.3M | 0.0 | 0.0 | -90M | 53.5M | -43.5M | 80M | -13M | |
(0.0) | (0.0) | (0.0) | -3K | -1.9M | -3.8M | -3.8M | -3.8M | -3.8M | -3.4M | -3.1M | -5.6M | -11M | -13.1M | -13.1M | -11.6M | -17.8M | -18.8M | -19.2M | -19.6M | |
-31.4M | -56M | -35.8M | -38.1M | -22.2M | -28.1M | -22.5M | -16.6M | -5.1M | -2M | -1M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -23.7M | -114.8M | -52.9M | -39K | |
-100K | 0.0 | -5.6M | -3.6M | -40.6M | -37.3M | 815K | 2.1M | 2.7M | 6.3M | 1.7M | 1.3M | -140K | -2.4M | -704K | -5.9M | 307K | 6M | 2.5M | -44K | |
-23.6M | 375.8M | 425.3M | -124.1M | 96.1M | 492.5M | -75.1M | 69.4M | -9.3M | 948K | -12.9M | 21.3M | 32.1M | -13.3M | -10.8M | 35.1M | 16.4M | -123M | 20.1M | -17.8M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-9.6M | -2.6M | -9.2M | -5.1M | -5.6M | -715K | -380K | 3.2M | -1.2M | -952K | 1.9M | -5.1M | 117K | 727K | 2.7M | 672K | -8.8M | -315K | 1.1M | -1.8M | |
51.5M | 195M | -154.1M | -12.7M | 259.5M | 42.7M | -21.7M | -40.3M | 76.2M | 12.2M | 842K | -15.2M | 9M | -12M | -23.3M | 40M | -11.5M | 3.5M | -3.1M | 17.8M | |
398.8M | 199.3M | 353.4M | 366.1M | 106.7M | 64M | 85.7M | 126M | 49.8M | 37.6M | 36.8M | 52M | 43M | 55M | 78.3M | 38.3M | 49.9M | 46.4M | 49.5M | 31.7M | |
450.3M | 394.3M | 199.3M | 353.4M | 366.1M | 106.7M | 64M | 85.7M | 126M | 49.8M | 37.6M | 36.8M | 52M | 43M | 55M | 78.3M | 38.3M | 49.9M | 46.4M | 49.5M | |
86.6M | -117.3M | -567.4M | -44M | 189M | 31.8M | 55.5M | 91.5M | 61.6M | 16.2M | 26.1M | -22M | -47.2M | -18.8M | -12.6M | 4M | -9.4M | 119.1M | -15.2M | 36M |
MODG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | January 16, 2026 | January 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 07, 2026 | January 01, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 05, 2025 | December 02, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 25, 2025 | November 24, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 18, 2025 | November 17, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 27, 2025 | August 25, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 06, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 06, 2025 | August 06, 2025 | 2025 |
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