Topgolf Callaway Brands Corp. (MODG) — 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 Topgolf Callaway Brands Corp. (MODG) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Topgolf Callaway Brands Corp. Cash Flow Reinvestment Rate (1991–2024)
Historical reinvestment intensity for Topgolf Callaway Brands Corp. across 31 annual periods. Also explore MODG current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Topgolf Callaway Brands Corp. (1991–2024)
Year-by-year capital reinvestment analysis for Topgolf Callaway Brands Corp.. For live market cap and broader valuation context, see MODG company net worth.
| 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 | — |