Topgolf Callaway Brands Corp. Capital Reinvestment Ratio
Topgolf Callaway Brands Corp. capital reinvestment ratio. Topgolf Callaway Brands Corp. (MODG) has a Capital Reinvestment Ratio of 0.29x as of September 2025, meaning it reinvests 0% of its operating cash flow ($228.40 Million) in capital expenditures ($66.30 Million). Check Topgolf Callaway Brands Corp. (MODG) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Topgolf Callaway Brands Corp. (1991–2024)
Capital reinvestment ratio of Topgolf Callaway Brands Corp. from 1991 to 2024. This chart tracks Topgolf Callaway Brands Corp.'s Capital Reinvestment Ratio across 31 annual periods. Also explore how fast is Topgolf Callaway Brands Corp. growing its equity to track the company's year-over-year net asset growth rate.
Topgolf Callaway Brands Corp. Capital Reinvestment Ratio by Year (1991–2024)
Topgolf Callaway Brands Corp. capital reinvestment ratio by year from 1991 to 2024. For the full cash flow conversion analysis, see Topgolf Callaway Brands Corp. operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.77x | $382.00 Million | $295.40 Million | ▼ -41.5% |
| 2023 | 1.32x | $364.70 Million | $482.00 Million | ▲ +14.1% |
| 2021 | 1.16x | $278.26 Million | $322.27 Million | ▲ +573.3% |
| 2020 | 0.17x | $228.24 Million | $39.26 Million | ▼ -72.8% |
| 2019 | 0.63x | $86.55 Million | $54.70 Million | ▲ +58.4% |
| 2018 | 0.40x | $92.28 Million | $36.83 Million | ▲ +79.2% |
| 2017 | 0.22x | $117.70 Million | $26.20 Million | ▲ +7.1% |
| 2016 | 0.21x | $77.71 Million | $16.15 Million | ▼ -55.8% |
| 2015 | 0.47x | $30.58 Million | $14.37 Million | ▲ +61.2% |
| 2014 | 0.29x | $36.88 Million | $10.75 Million | ▼ -89.8% |
| 2011 | 2.87x | $10.10 Million | $28.93 Million | ▲ +24.2% |
| 2010 | 2.31x | $9.63 Million | $22.22 Million | ▲ +154.6% |
| 2009 | 0.91x | $42.87 Million | $38.84 Million | ▼ -26.1% |
| 2008 | 1.23x | $41.62 Million | $51.01 Million | ▲ +465.5% |
| 2007 | 0.22x | $151.98 Million | $32.93 Million | ▼ -88.5% |
| 2006 | 1.88x | $17.29 Million | $32.45 Million | ▲ +285.2% |
| 2005 | 0.49x | $70.30 Million | $34.26 Million | ▼ -84.0% |
| 2004 | 3.04x | $8.54 Million | $25.99 Million | ▲ +4528.0% |
| 2003 | 0.07x | $118.74 Million | $7.81 Million | ▼ -87.5% |
| 2002 | 0.53x | $139.21 Million | $73.50 Million | ▲ +49.9% |
| 2001 | 0.35x | $100.15 Million | $35.27 Million | ▲ +13.0% |
| 2000 | 0.31x | $91.06 Million | $28.39 Million | ▼ -11.5% |
| 1999 | 0.35x | $166.30 Million | $58.60 Million | ▼ -86.4% |
| 1998 | 2.59x | $30.40 Million | $78.60 Million | ▲ +530.2% |
| 1997 | 0.41x | $165.50 Million | $67.90 Million | ▼ -13.4% |
| 1996 | 0.47x | $74.70 Million | $35.40 Million | ▲ +53.3% |
| 1995 | 0.31x | $95.40 Million | $29.50 Million | ▼ -50.5% |
| 1994 | 0.62x | $41.80 Million | $26.10 Million | ▼ -1.4% |
| 1993 | 0.63x | $33.00 Million | $20.90 Million | ▼ -22.8% |
| 1992 | 0.82x | $13.90 Million | $11.40 Million | ▲ +173.4% |
| 1991 | 0.30x | $5.00 Million | $1.50 Million | — |