JOUT vs CALY vs GOLF Stock Comparison

Johnson Outdoors, Callaway Golf and Acushnet Holdings Prices as of Oct 27, 2026 Peers: Industry group
JOUT Johnson Outdoors Inc
$45.18 +1.7% 1M +4.5% 1Y
Market cap
$466.17M
P/E
–
Revenue (TTM)
$660.91M
Div. yield
0.03%
Sporting Goods Consumer Discretionary
2 wins
CALY Callaway Golf Co
$14.43 -0.1% 1M +44.0% 1Y
Market cap
$2.59B
P/E
–
Revenue (TTM)
$2.13B
Div. yield
–
Sporting Goods Consumer Discretionary
4 wins
GOLF Acushnet Holdings Corp.
$82.51 -0.6% 1M +0.6% 1Y
Market cap
$4.93B
P/E
22.4x
Revenue (TTM)
$2.71B
Div. yield
0.01%
Sporting Goods Consumer Discretionary
5 wins

Head to Head

11 decided of 12

Acushnet Holdings leads on 5 of the 12 questions below (Acushnet Holdings 5, Callaway Golf 4, Johnson Outdoors 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJOUTCALYGOLFLeader
Larger companyMarket capitalisation $466.17M $2.59B $4.93B GOLF
Cheaper on earningsLower P/E, profitable companies only -58.3x -9.8x 22.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.0x 20.0x 21.1x CALY
Faster revenue growthRevenue growth, trailing twelve months +17.5% +3.7% +8.8% JOUT
More profitableNet margin, trailing twelve months -1.2% -12.4% 8.1% GOLF
Better return on capitalReturn on invested capital — 5.4% 14.4% GOLF
Less leveragedLower net debt / EBITDA — -1.6x 2.1x CALY
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.01% JOUT
Better 1-year returnPrice return, last 12 months +4.5% +44.0% +0.6% CALY
Better 5-year returnAnnualised price return, 5 years -15.6%/yr -11.7%/yr +10.7%/yr GOLF
Less volatileAnnualised volatility, 1 year 35.3% 50.8% 30.1% GOLF
Higher overall scoreMean of the five percentile scores vs peers 57/100 68/100 53/100 CALY

Percentile Scorecard

JOUTCALYGOLF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJOUTCALYGOLF
Valuation 88 #5 of 34 76 #9 of 34 30 #24 of 34
Growth 36 #21 of 32 39 #20 of 32 52 #16 of 32
Profitability 61 #13 of 32 68 #11 of 32 90 #4 of 32
Financial Health 66 #12 of 33 75 #9 of 33 38 #21 of 33
Shareholder Returns 35 #12 of 18 82 #4 of 18 53 #9 of 18
Overall 57 68 53
  • JOUT ranked among 34 companies in Leisure Products
  • CALY ranked among 34 companies in Leisure Products
  • GOLF ranked among 34 companies in Leisure Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJOUTCALYGOLFSPY
1 month +1.7%-0.1%-0.6% -0.2%
3 months -5.3%-20.9%-20.0% +3.9%
6 months -14.9%-6.5%-15.2% +8.2%
Year to date +6.4%+23.7%+3.4% +12.9%
1 year +4.5%+44.0%+0.6% +12.3%
3 years -5.5%+19.0%+66.3% +87.4%
3 years, per year -1.9%+6.0%+18.5% +23.3%
5 years -57.3%-46.4%+65.8% +67.9%
5 years, per year -15.6%-11.7%+10.7% +10.9%
10 years +25.9%+42.7%— +261.1%
10 years, per year +2.3%+3.6%— +13.7%

Risk

MeasureJOUTCALYGOLFSPY
Volatility, 1Y 35.3%50.8%30.1% 12.7%
Downside volatility, 1Y 37.9%46.4%30.2% 12.7%
Beta vs S&P 500, 1Y 0.621.240.58 1.00
Return / volatility, 1Y 0.130.870.02 0.97
Max drawdown, 5Y -81.3%-81.8%-34.2% -25.4%
From 52-week high -15.6%-26.6%-30.4% -1.2%
52-week high $53.50$19.66$118.53 $779.14
52-week low $36.94$8.81$75.29 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJOUTCALYGOLF
P/E now vs peer median -58.3xmedian 17.8x -9.8xmedian 17.8x 22.4xmedian 17.8x
P/S now vs peer median 0.7xmedian 1.1x 1.2xmedian 1.1x 1.8xmedian 1.1x
EV/EBITDA now vs peer median 7.8xmedian 9.4x 17.0xmedian 9.4x 13.4xmedian 9.4x
P/FCF now vs peer median 15.8xmedian 10.2x 7.6xmedian 10.2x 26.2xmedian 10.2x
P/B now vs peer median 1.1xmedian 1.4x 1.2xmedian 1.4x 5.2xmedian 1.4x
PEG now vs peer median 1.97median 0.32 0.15median 0.32 4.82median 0.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJOUTCALYGOLF
Revenue $660.91M $2.13B $2.71B
Gross profit $262.15M $1.01B $1.33B
Operating income $17.60M $203.70M $371.75M
Net income -$7.99M -$263.40M $220.35M
Free cash flow $29.89M $338.70M $183.74M
R&D $34.05M $55.40M $78.67M
EPS (diluted) $-0.77 $-1.39 $3.67
Cash & equivalents $175.25M $278.10M $67.94M
Total debt – $50.80M $960.07M
Shares (diluted) 10.39M 190.10M 59.93M
Enterprise value -$124.08M $40.38M $4.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJOUTCALYGOLF
P/E -58.3x -9.8x 22.4x
P/FCF 15.8x 7.6x 26.2x
P/Operating cash flow 9.4x 6.9x 17.8x
P/S 0.7x 1.2x 1.8x
P/B 1.1x 1.2x 5.2x
P/Tangible book 1.1x 1.2x 11.5x
EV/EBITDA 7.8x 17.0x 13.4x
EV/EBIT 17.0x 11.5x 15.4x
EV/Revenue 0.5x 1.1x 2.1x
EV/FCF 10.0x 6.9x 31.1x
EV/Operating cash flow 5.9x 6.3x 21.1x
PEG (3Y EPS CAGR) 1.97 0.15 4.82

Growth

14 metrics
MetricJOUTCALYGOLF
Revenue growth (1Y) 17.5% 3.7% 8.8%
Revenue CAGR (3Y) -4.7% -20.2% 4.4%
Gross profit growth (1Y) 42.6% 4.4% 10.6%
Gross profit CAGR (3Y) -2.7% -28.5% 5.8%
Operating income growth (1Y) 134.6% 23.6% 23.4%
Operating income CAGR (3Y) -28.2% -4.0% 5.2%
Net income growth (1Y) 79.8% 82.4% -4.2%
Net income CAGR (3Y) -29.6% -64.3% -0.4%
EPS growth (1Y) 80.0% 82.8% -3.8%
EPS CAGR (3Y) -29.5% -66.0% 4.7%
Operating cash flow growth (1Y) -2.9% 36.9% 54.8%
Operating cash flow CAGR (3Y) -10.2% 254.0% 23.8%
Free cash flow growth (1Y) -13.4% -5.1% 89.5%
Free cash flow CAGR (3Y) -11.8% 37.6% 35.2%

Profitability

14 metrics
MetricJOUTCALYGOLF
Gross margin 39.7% 47.5% 49.1%
EBITDA margin 5.8% 6.5% 15.7%
Operating margin 2.7% 9.6% 13.7%
Pretax margin 4.1% 12.2% 10.9%
Net margin -1.2% -12.4% 8.1%
FCF margin 4.5% 15.9% 6.8%
Operating cash flow margin 7.6% 17.5% 10.0%
Return on equity -1.9% -8.3% 25.1%
Return on assets -1.3% -5.9% 8.5%
Return on invested capital – 5.4% 14.4%
Return on capital employed 3.5% 7.9% 17.8%
Asset turnover 1.0x 0.7x 1.0x
Cash conversion (OCF / net income) -6.3x -1.4x 1.2x
Stock comp / revenue 0.5% 1.2% 1.2%

Financial Health

11 metrics
MetricJOUTCALYGOLF
Debt / assets – 1.8% 37.3%
Debt / equity – 0.0x 1.0x
Net debt / EBITDA – -1.6x 2.1x
Debt / FCF – 0.1x 5.2x
Liabilities / assets 33.6% 22.3% 64.1%
Equity / assets 66.4% 77.7% 35.9%
Interest coverage 81.8x 4.5x –
Current ratio 3.4x 3.0x 2.6x
Quick ratio 1.9x 1.4x 1.1x
Cash ratio 1.3x 0.7x 0.1x
Altman Z-score 3.71 3.49 3.80

Shareholder Returns

7 metrics
MetricJOUTCALYGOLF
Dividend yield 2.9% – 1.2%
Net buyback yield 0.0% 3.3% 2.3%
Shareholder yield 2.9% 3.3% 3.6%
Payout ratio (earnings) -170.4% – 26.5%
Payout ratio (FCF) 45.6% – 31.7%
Dividend growth (1Y) 1.0% – 6.3%
Dividend CAGR (3Y) 3.1% – 3.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJOUTCALYGOLF
Forward P/E 37.0xFY2026 20.0xFY2026 21.1xFY2026
EPS, next fiscal year $1.22FY2026 $0.72FY2026 $3.91FY2026
EPS growth, next FY – +242.9%FY2026 +25.7%FY2026
EPS growth, the year after +20.5% +31.9% +2.0%
Revenue, next fiscal year $624.76MFY2026 $2.02BFY2026 $2.60BFY2026
Revenue growth, next FY +5.5%FY2026 -2.1%FY2026 +1.4%FY2026
Revenue growth, the year after +13.5% +1.3% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJOUTCALYGOLF
Held by institutions 62.1% 86.2% 53.9%
Institutions holding 136 316 340
Change in shares held, QoQ +2.4% +0.7% -0.7%
Institutions buying 77 170 150
Institutions selling 39 92 130
Buyers to sellers 1.97 1.85 1.15

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JOUTCALYGOLF
JOUT 1.00 0.28 0.39
CALY 0.28 1.00 0.51
GOLF 0.39 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JOUT, CALY and GOLF?

Acushnet Holdings (GOLF) is the largest by market capitalisation: Johnson Outdoors (JOUT) $466.17M, Callaway Golf (CALY) $2.59B, Acushnet Holdings (GOLF) $4.93B.

Which company is growing faster?

Johnson Outdoors (JOUT) grew revenue fastest over the trailing twelve months: Johnson Outdoors (JOUT) +17.5%, Callaway Golf (CALY) +3.7%, Acushnet Holdings (GOLF) +8.8%.

Which company is more profitable?

Acushnet Holdings (GOLF) has the highest net margin (Johnson Outdoors (JOUT) -1.2%, Callaway Golf (CALY) -12.4%, Acushnet Holdings (GOLF) 8.1%). On return on invested capital, Acushnet Holdings (GOLF) leads (Callaway Golf (CALY) 5.4%, Acushnet Holdings (GOLF) 14.4%).

Which stock has performed better?

Over the past year Callaway Golf (CALY) returned the most: Johnson Outdoors (JOUT) +4.5%, Callaway Golf (CALY) +44.0%, Acushnet Holdings (GOLF) +0.6%. Over five years, Acushnet Holdings (GOLF) compounded fastest (Johnson Outdoors (JOUT) -15.6%/yr, Callaway Golf (CALY) -11.7%/yr, Acushnet Holdings (GOLF) +10.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Johnson Outdoors (JOUT) has the highest dividend yield: Johnson Outdoors (JOUT) 0.03%, Callaway Golf (CALY) 0.00%, Acushnet Holdings (GOLF) 0.01%. Callaway Golf (CALY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Acushnet Holdings (GOLF) has been the steadiest (Johnson Outdoors (JOUT) 35.3%, Callaway Golf (CALY) 50.8%, Acushnet Holdings (GOLF) 30.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JOUT, CALY and GOLF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Acushnet Holdings (GOLF) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.