Callaway Golf Company (CALY) - Net Assets
Based on the latest financial reports, Callaway Golf Company (CALY) has net assets worth $2.07 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.29 Billion) and total liabilities ($5.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Callaway Golf Company total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.07 Billion |
| % of Total Assets | 28.4% |
| Annual Growth Rate | 6.42% |
| 5-Year Change | -43.82% |
| 10-Year Change | 239.94% |
| Growth Volatility | 99.23 |
Callaway Golf Company - Net Assets Trend (2005–2025)
This chart illustrates how Callaway Golf Company's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Callaway Golf Company for the complete picture of this company's asset base.
Annual Net Assets for Callaway Golf Company (2005–2025)
The table below shows the annual net assets of Callaway Golf Company from 2005 to 2025. For live valuation and market cap data, see Callaway Golf Company (CALY) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.07 Billion | -14.07% |
| 2024-12-31 | $2.41 Billion | -37.92% |
| 2023-12-31 | $3.88 Billion | +2.75% |
| 2022-12-31 | $3.77 Billion | +2.48% |
| 2021-12-31 | $3.68 Billion | +445.09% |
| 2020-12-31 | $675.64 Million | -11.95% |
| 2019-12-31 | $767.35 Million | +4.50% |
| 2018-12-31 | $734.31 Million | +11.36% |
| 2017-12-31 | $659.38 Million | +8.34% |
| 2016-12-31 | $608.60 Million | +47.38% |
| 2015-12-31 | $412.94 Million | +41.65% |
| 2014-12-31 | $291.53 Million | +2.43% |
| 2013-12-31 | $284.62 Million | -11.53% |
| 2012-12-31 | $321.71 Million | -37.27% |
| 2011-12-31 | $512.81 Million | -26.30% |
| 2010-12-31 | $695.85 Million | -1.98% |
| 2009-12-31 | $709.88 Million | +22.32% |
| 2008-12-31 | $580.37 Million | +1.78% |
| 2007-12-31 | $570.21 Million | -1.54% |
| 2006-12-31 | $579.10 Million | -2.84% |
| 2005-12-31 | $596.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Callaway Golf Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 311.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.90 Million | 0.09% |
| Other Comprehensive Income | $-27.60 Million | -1.33% |
| Other Components | $3.00 Billion | 145.20% |
| Total Equity | $2.07 Billion | 100.00% |
Callaway Golf Company Competitors by Market Cap
The table below lists competitors of Callaway Golf Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
|
$2.67 Billion |
|
Winner Medical Co Ltd
SHE:300888
|
$2.67 Billion |
|
Anhui Expressway Co Ltd
SHG:600012
|
$2.67 Billion |
|
Xometry Inc
NASDAQ:XMTR
|
$2.67 Billion |
|
KIOCL Limited
NSE:KIOCL
|
$2.67 Billion |
|
Grand Plastic Technology
TWO:3131
|
$2.67 Billion |
|
Sichuan Teway Food Group Co Ltd
SHG:603317
|
$2.67 Billion |
|
Kunshan Dongwei Technology Co Ltd
SHG:688700
|
$2.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Callaway Golf Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,407,700,000 to 2,068,900,000, a change of -338,800,000 (-14.1%).
- Net income of 38,800,000 contributed positively to equity growth.
- Share repurchases of 3,700,000 reduced equity.
- Other comprehensive income increased equity by 48,400,000.
- Other factors decreased equity by 422,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.80 Million | +1.88% |
| Share Repurchases | $3.70 Million | -0.18% |
| Other Comprehensive Income | $48.40 Million | +2.34% |
| Other Changes | $-422.30 Million | -20.41% |
| Total Change | $- | -14.07% |
Book Value vs Market Value Analysis
This analysis compares Callaway Golf Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.76x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $8.61 | $15.16 | x |
| 2006-12-31 | $8.42 | $15.16 | x |
| 2007-12-31 | $8.42 | $15.16 | x |
| 2008-12-31 | $9.06 | $15.16 | x |
| 2009-12-31 | $11.20 | $15.16 | x |
| 2010-12-31 | $10.85 | $15.16 | x |
| 2011-12-31 | $7.89 | $15.16 | x |
| 2012-12-31 | $4.76 | $15.16 | x |
| 2013-12-31 | $3.91 | $15.16 | x |
| 2014-12-31 | $3.72 | $15.16 | x |
| 2015-12-31 | $4.88 | $15.16 | x |
| 2016-12-31 | $6.25 | $15.16 | x |
| 2017-12-31 | $6.73 | $15.16 | x |
| 2018-12-31 | $7.46 | $15.16 | x |
| 2019-12-31 | $7.97 | $15.16 | x |
| 2020-12-31 | $7.17 | $15.16 | x |
| 2021-12-31 | $20.82 | $15.16 | x |
| 2022-12-31 | $18.75 | $15.16 | x |
| 2023-12-31 | $19.28 | $15.16 | x |
| 2024-12-31 | $13.11 | $15.16 | x |
| 2025-12-31 | $11.14 | $15.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Callaway Golf Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.88%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 3.52x
- Recent ROE (1.88%) is above the historical average (-2.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.23% | 1.33% | 1.32x | 1.27x | $-46.32 Million |
| 2006 | 4.04% | 2.29% | 1.20x | 1.47x | $-34.42 Million |
| 2007 | 9.61% | 4.85% | 1.31x | 1.51x | $-2.24 Million |
| 2008 | 11.45% | 5.92% | 1.31x | 1.48x | $8.36 Million |
| 2009 | -2.16% | -1.60% | 1.09x | 1.24x | $-85.99 Million |
| 2010 | -2.71% | -1.94% | 1.09x | 1.28x | $-88.13 Million |
| 2011 | -33.69% | -19.38% | 1.22x | 1.43x | $-222.82 Million |
| 2012 | -38.54% | -14.74% | 1.31x | 2.00x | $-154.84 Million |
| 2013 | -6.65% | -2.25% | 1.27x | 2.33x | $-47.38 Million |
| 2014 | 5.49% | 1.80% | 1.42x | 2.14x | $-13.15 Million |
| 2015 | 3.53% | 1.73% | 1.34x | 1.53x | $-26.73 Million |
| 2016 | 31.71% | 21.77% | 1.09x | 1.34x | $130.01 Million |
| 2017 | 6.28% | 3.89% | 1.06x | 1.53x | $-24.16 Million |
| 2018 | 14.46% | 8.43% | 1.18x | 1.45x | $32.28 Million |
| 2019 | 10.35% | 4.67% | 0.87x | 2.55x | $2.67 Million |
| 2020 | -18.79% | -7.99% | 0.80x | 2.93x | $-194.50 Million |
| 2021 | 8.74% | 10.28% | 0.40x | 2.10x | $-46.29 Million |
| 2022 | 4.18% | 3.95% | 0.47x | 2.28x | $-219.53 Million |
| 2023 | 2.45% | 2.22% | 0.47x | 2.35x | $-292.82 Million |
| 2024 | -60.13% | -34.15% | 0.56x | 3.17x | $-1.69 Billion |
| 2025 | 1.88% | 1.88% | 0.28x | 3.52x | $-168.09 Million |
Industry Comparison
This section compares Callaway Golf Company's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $815,411,490
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Callaway Golf Company (CALY) | $2.07 Billion | 2.23% | 2.52x | $2.67 Billion |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $32.72 Million | -11.24% | 0.06x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $116.57 Million |
| Amer Sports, Inc. (AS) | $5.82 Billion | 7.34% | 0.73x | $19.42 Billion |
| Clarus Corp (CLAR) | $292.12 Million | -3.47% | 0.70x | $105.22 Million |
| Dogness International Corp Class A (DOGZ) | $76.41 Million | -7.93% | 0.30x | $6.69 Million |
| Escalade Incorporated (ESCA) | $89.78 Million | 13.16% | 0.42x | $242.81 Million |
| Funko Inc (FNKO) | $389.69 Million | -2.06% | 1.80x | $235.39 Million |
| Six Flags Entertainment Corporation (FUN) | $434.23 Million | 37.04% | 1.36x | $1.61 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $24.93 Million | 30.35% | 1.54x | $35.33 Million |
About Callaway Golf Company
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in two business segments: Golf Equipment; and Apparel, Gear and Other. The company provides drivers, fairway woods, hybrids, irons, and wedges under the Callaway brands; packaged sets under the Callaway and St… Read more