Topgolf Callaway Brands Corp. Cash Flow Conversion Efficiency
Topgolf Callaway Brands Corp. cash flow conversion efficiency. Based on the latest financial reports, Topgolf Callaway Brands Corp. (MODG) has a cash flow conversion efficiency ratio of 0.092x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($228.40 Million) by net assets ($2.48 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Topgolf Callaway Brands Corp. (1991–2024)
Cash flow conversion efficiency of Topgolf Callaway Brands Corp. from 1991 to 2024. This chart illustrates how Topgolf Callaway Brands Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Topgolf Callaway Brands Corp. stock price for real-time trading data and today's change.
Topgolf Callaway Brands Corp. Cash Flow Conversion Ratio Explained
Topgolf Callaway Brands Corp. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Topgolf Callaway Brands Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Topgolf Callaway Brands Corp. ranked by their cash flow conversion efficiency. Also see MODG stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alarm.com Holdings Inc
NASDAQ:ALRM
|
0.102x |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
0.021x |
|
P/f Bakkafrost
OL:BAKKA
|
0.098x |
|
Shanghai Bairun Flavor & Fragrance Co Ltd
SHE:002568
|
0.054x |
|
Livzon Pharmaceutical Group Inc
SHE:000513
|
0.040x |
|
Vapores
SN:VAPORES
|
-0.073x |
|
Société BIC SA
PA:BB
|
0.056x |
|
Western Metal Materials Co Ltd
SHE:002149
|
0.000x |
Annual Cash Flow Conversion Efficiency for Topgolf Callaway Brands Corp. (1991–2024)
The table below shows the annual cash flow conversion efficiency of Topgolf Callaway Brands Corp. from 1991 to 2024. Review MODG free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.41 Billion | $382.00 Million | 0.159x | +68.72% |
| 2023-12-31 | $3.88 Billion | $364.70 Million | 0.094x | +1111.19% |
| 2022-12-31 | $3.77 Billion | $-35.10 Million | -0.009x | -112.31% |
| 2021-12-31 | $3.68 Billion | $278.26 Million | 0.076x | -77.63% |
| 2020-12-31 | $675.64 Million | $228.24 Million | 0.338x | +199.50% |
| 2019-12-31 | $767.35 Million | $86.55 Million | 0.113x | -10.25% |
| 2018-12-31 | $734.31 Million | $92.28 Million | 0.126x | -29.60% |
| 2017-12-31 | $659.38 Million | $117.70 Million | 0.179x | +39.80% |
| 2016-12-31 | $608.60 Million | $77.71 Million | 0.128x | +72.42% |
| 2015-12-31 | $412.94 Million | $30.58 Million | 0.074x | -41.46% |
| 2014-12-31 | $291.53 Million | $36.88 Million | 0.127x | +502.34% |
| 2013-12-31 | $284.62 Million | $-8.95 Million | -0.031x | +65.02% |
| 2012-12-31 | $320.45 Million | $-28.81 Million | -0.090x | -556.54% |
| 2011-12-31 | $512.81 Million | $10.10 Million | 0.020x | +42.26% |
| 2010-12-31 | $695.85 Million | $9.63 Million | 0.014x | -77.08% |
| 2009-12-31 | $709.88 Million | $42.87 Million | 0.060x | -15.80% |
| 2008-12-31 | $580.37 Million | $41.62 Million | 0.072x | -73.09% |
| 2007-12-31 | $570.21 Million | $151.98 Million | 0.267x | +792.89% |
| 2006-12-31 | $579.10 Million | $17.29 Million | 0.030x | -74.69% |
| 2005-12-31 | $596.05 Million | $70.30 Million | 0.118x | +710.01% |
| 2004-12-31 | $586.32 Million | $8.54 Million | 0.015x | -92.77% |
| 2003-12-31 | $589.38 Million | $118.74 Million | 0.201x | -21.36% |
| 2002-12-31 | $543.39 Million | $139.21 Million | 0.256x | +31.57% |
| 2001-12-31 | $514.35 Million | $100.15 Million | 0.195x | +9.43% |
| 2000-12-31 | $511.74 Million | $91.06 Million | 0.178x | -46.51% |
| 1999-12-31 | $499.90 Million | $166.30 Million | 0.333x | +395.83% |
| 1998-12-31 | $453.10 Million | $30.40 Million | 0.067x | -80.48% |
| 1997-12-31 | $481.40 Million | $165.50 Million | 0.344x | +66.74% |
| 1996-12-31 | $362.30 Million | $74.70 Million | 0.206x | -51.39% |
| 1995-12-31 | $224.90 Million | $95.40 Million | 0.424x | +89.16% |
| 1994-12-31 | $186.40 Million | $41.80 Million | 0.224x | -20.77% |
| 1993-12-31 | $116.60 Million | $33.00 Million | 0.283x | +1.40% |
| 1992-12-31 | $49.80 Million | $13.90 Million | 0.279x | -15.15% |
| 1991-12-31 | $15.20 Million | $5.00 Million | 0.329x | -- |
About Topgolf Callaway Brands Corp.
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in three business segments: Topgolf, Golf Equipment, and Active Lifestyle. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event space… Read more