Topgolf Callaway Brands Corp. Cash Flow Reinvestment Rate
Topgolf Callaway Brands Corp. cash flow reinvestment rate. Topgolf Callaway Brands Corp. (MODG) has a Cash Flow Reinvestment Rate of 0.58x as of September 2025, reinvesting $133.20 Million (capex $66.30 Million plus investments $-66.90 Million) from operating cash flow of $228.40 Million. Explore MODG debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Topgolf Callaway Brands Corp. (1991–2024)
Cash flow reinvestment rate of Topgolf Callaway Brands Corp. from 1991 to 2024. Historical reinvestment intensity for Topgolf Callaway Brands Corp. across 31 annual periods. Explore Topgolf Callaway Brands Corp. capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Topgolf Callaway Brands Corp. Cash Flow Reinvestment Rate by Year (1991–2024)
Topgolf Callaway Brands Corp. cash flow reinvestment rate by year from 1991 to 2024. Year-by-year capital reinvestment analysis for Topgolf Callaway Brands Corp.. For the full cash flow conversion analysis, see Topgolf Callaway Brands Corp. (MODG) cash flow conversion.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.55x | $592.70 Million | $382.00 Million | $295.40 Million | ▼ -47.8% |
| 2023 | 2.97x | $1.08 Billion | $364.70 Million | $482.00 Million | ▲ +148.1% |
| 2021 | 1.20x | $333.18 Million | $278.26 Million | $322.27 Million | ▲ +177.5% |
| 2020 | 0.43x | $98.47 Million | $228.24 Million | $39.26 Million | ▼ -48.6% |
| 2019 | 0.84x | $72.60 Million | $86.55 Million | $54.70 Million | ▲ +2.7% |
| 2018 | 0.82x | $75.35 Million | $92.28 Million | $36.83 Million | ▼ -62.6% |
| 2017 | 2.18x | $256.80 Million | $117.70 Million | $26.20 Million | ▲ +575.4% |
| 2016 | 0.32x | $25.11 Million | $77.71 Million | $16.15 Million | ▼ -43.5% |
| 2015 | 0.57x | $17.47 Million | $30.58 Million | $14.37 Million | ▼ -17.4% |
| 2014 | 0.69x | $25.52 Million | $36.88 Million | $10.75 Million | ▼ -75.8% |
| 2011 | 2.87x | $28.93 Million | $10.10 Million | $28.93 Million | ▲ +24.2% |
| 2010 | 2.31x | $22.22 Million | $9.63 Million | $22.22 Million | ▲ +154.6% |
| 2009 | 0.91x | $38.84 Million | $42.87 Million | $38.84 Million | ▼ -26.1% |
| 2008 | 1.23x | $51.01 Million | $41.62 Million | $51.01 Million | ▲ +465.5% |
| 2007 | 0.22x | $32.93 Million | $151.98 Million | $32.93 Million | ▼ -88.5% |
| 2006 | 1.88x | $32.45 Million | $17.29 Million | $32.45 Million | ▲ +285.2% |
| 2005 | 0.49x | $34.26 Million | $70.30 Million | $34.26 Million | ▼ -84.0% |
| 2004 | 3.04x | $25.99 Million | $8.54 Million | $25.99 Million | ▲ +4528.0% |
| 2003 | 0.07x | $7.81 Million | $118.74 Million | $7.81 Million | ▼ -87.5% |
| 2002 | 0.53x | $73.50 Million | $139.21 Million | $73.50 Million | ▲ +49.9% |
| 2001 | 0.35x | $35.27 Million | $100.15 Million | $35.27 Million | ▲ +13.0% |
| 2000 | 0.31x | $28.39 Million | $91.06 Million | $28.39 Million | ▼ -11.5% |
| 1999 | 0.35x | $58.60 Million | $166.30 Million | $58.60 Million | ▼ -86.4% |
| 1998 | 2.59x | $78.60 Million | $30.40 Million | $78.60 Million | ▲ +530.2% |
| 1997 | 0.41x | $67.90 Million | $165.50 Million | $67.90 Million | ▼ -13.4% |
| 1996 | 0.47x | $35.40 Million | $74.70 Million | $35.40 Million | ▲ +53.3% |
| 1995 | 0.31x | $29.50 Million | $95.40 Million | $29.50 Million | ▼ -50.5% |
| 1994 | 0.62x | $26.10 Million | $41.80 Million | $26.10 Million | ▼ -1.4% |
| 1993 | 0.63x | $20.90 Million | $33.00 Million | $20.90 Million | ▼ -22.8% |
| 1992 | 0.82x | $11.40 Million | $13.90 Million | $11.40 Million | ▲ +173.4% |
| 1991 | 0.30x | $1.50 Million | $5.00 Million | $1.50 Million | — |