Topgolf Callaway Brands Corp. (MODG) — Free Cash Flow Generation Index
Topgolf Callaway Brands Corp. (MODG) has a Free Cash Flow Generation Index of 0.71x as of September 2025. Free cash flow of $162.10 Million represents 1% of operating cash flow ($228.40 Million). See working capital to net assets of Topgolf Callaway Brands Corp. to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Topgolf Callaway Brands Corp. Free Cash Flow Generation Index (1991–2024)
Historical FCF Generation Index trend for Topgolf Callaway Brands Corp. across 31 annual periods. Explore how well can Topgolf Callaway Brands Corp. service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Topgolf Callaway Brands Corp. (1991–2024)
Year-by-year Free Cash Flow Generation Index for Topgolf Callaway Brands Corp.. For the full company profile including market capitalisation, see Topgolf Callaway Brands Corp. market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.23x | $86.60 Million | $382.00 Million | $295.40 Million | ▲ +170.5% |
| 2023 | -0.32x | $-117.30 Million | $364.70 Million | $482.00 Million | ▼ -103.3% |
| 2021 | -0.16x | $-44.02 Million | $278.26 Million | $322.27 Million | ▼ -119.1% |
| 2020 | 0.83x | $188.98 Million | $228.24 Million | $39.26 Million | ▲ +125.0% |
| 2019 | 0.37x | $31.85 Million | $86.55 Million | $54.70 Million | ▼ -38.8% |
| 2018 | 0.60x | $55.46 Million | $92.28 Million | $36.83 Million | ▼ -22.7% |
| 2017 | 0.78x | $91.50 Million | $117.70 Million | $26.20 Million | ▼ -1.9% |
| 2016 | 0.79x | $61.56 Million | $77.71 Million | $16.15 Million | ▲ +49.4% |
| 2015 | 0.53x | $16.21 Million | $30.58 Million | $14.37 Million | ▼ -25.2% |
| 2014 | 0.71x | $26.13 Million | $36.88 Million | $10.75 Million | ▲ +138.0% |
| 2011 | -1.87x | $-18.83 Million | $10.10 Million | $28.93 Million | ▼ -42.8% |
| 2010 | -1.31x | $-12.58 Million | $9.63 Million | $22.22 Million | ▼ -1491.2% |
| 2009 | 0.09x | $4.03 Million | $42.87 Million | $38.84 Million | ▲ +141.7% |
| 2008 | -0.23x | $-9.38 Million | $41.62 Million | $51.01 Million | ▼ -128.8% |
| 2007 | 0.78x | $119.05 Million | $151.98 Million | $32.93 Million | ▲ +189.3% |
| 2006 | -0.88x | $-15.17 Million | $17.29 Million | $32.45 Million | ▼ -271.1% |
| 2005 | 0.51x | $36.04 Million | $70.30 Million | $34.26 Million | ▲ +125.1% |
| 2004 | -2.04x | $-17.45 Million | $8.54 Million | $25.99 Million | ▼ -318.8% |
| 2003 | 0.93x | $110.93 Million | $118.74 Million | $7.81 Million | ▲ +97.9% |
| 2002 | 0.47x | $65.71 Million | $139.21 Million | $73.50 Million | ▼ -27.1% |
| 2001 | 0.65x | $64.88 Million | $100.15 Million | $35.27 Million | ▼ -5.9% |
| 2000 | 0.69x | $62.68 Million | $91.06 Million | $28.39 Million | ▲ +6.3% |
| 1999 | 0.65x | $107.70 Million | $166.30 Million | $58.60 Million | ▲ +140.8% |
| 1998 | -1.59x | $-48.20 Million | $30.40 Million | $78.60 Million | ▼ -368.9% |
| 1997 | 0.59x | $97.60 Million | $165.50 Million | $67.90 Million | ▲ +12.1% |
| 1996 | 0.53x | $39.30 Million | $74.70 Million | $35.40 Million | ▼ -23.8% |
| 1995 | 0.69x | $65.90 Million | $95.40 Million | $29.50 Million | ▲ +83.9% |
| 1994 | 0.38x | $15.70 Million | $41.80 Million | $26.10 Million | ▲ +2.4% |
| 1993 | 0.37x | $12.10 Million | $33.00 Million | $20.90 Million | ▲ +103.9% |
| 1992 | 0.18x | $2.50 Million | $13.90 Million | $11.40 Million | ▼ -74.3% |
| 1991 | 0.70x | $3.50 Million | $5.00 Million | $1.50 Million | — |