Callaway Golf (CALY) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 50.1%
EBITDA Margin: 20.3%
Op. Margin: 18.8%
Net Margin: 12.3%

Op. margin of 18.8% is up 9.2% YoY — cost efficiency is improving. Net margin at 12.3% and gross margin of 50.1% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit