# Acushnet Holdings Corp. (GOLF) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price $86.88, market value $5.1 billion.

## Valuation
- **P/E (trailing): 23.6×** (5-yr avg 20.6×, 3-yr avg 22.4×). Acushnet Holdings Corp. trades at 23.6× trailing earnings, close to its own five-year average of 20.6×. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 20.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 5.5×**. The shares trade at 5.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 14.2×**. Enterprise value is 14.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.6%** (5-yr avg 3.3%). Free cash flow equals 3.6% of the market value, in line with its five-year average of 3.3%.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 49.1%**. Acushnet Holdings Corp. keeps 49.1% of revenue after the direct cost of what it sells.
- **Operating margin: 13.7%**. 13.7% of revenue is left after running the business.
- **Net margin: 7.4%**. 7.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 24.1%**. 24.1% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 17.2%**. Return on all capital, debt included, is 17.2%: comfortably above what that capital costs.
- **Return on assets: 9.4%**. Each dollar of assets produces 9.4% of profit.

## Growth
- **Revenue growth (1 yr): 4.1%** (3-yr 4.1%/yr, 5-yr 9.7%/yr). Revenue grew 4.1% over the last year, against 9.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -7.7%** (3-yr 4.2%/yr, 5-yr 19.4%/yr). Earnings per share fell 7.7%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.18**. Debt is 1.18 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Current ratio: 2.38** (quick 2.38). Current assets cover the next year's liabilities 2.38 times.
- **Altman Z-score: 4.24**. A Z-score of 4.24 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.17%** ($0.98 per share, trailing). Acushnet Holdings Corp. yields 1.17%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 30%** (32% of free cash flow). 30% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 8.7%/yr** (1-yr 9.3%). The dividend has grown 8.7% a year over five years.

## Price and momentum
- **Total return (1 yr): 15.3%** (YTD 9.4%, 3-mo -3.5%). The shares are up 15.3% over twelve months including dividends.
- **From 52-week high: -27.4%** (18.9% above the low). Trading 27% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): 0.70** (volatility 30%). Beta of 0.70 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GOLF · Page: https://foliofundamentals.com/stocks/golf

Not investment advice.