Callaway Golf (CALY) Operating Margin (2010 - 2026)
Callaway Golf (CALY) recorded Operating Margin of 18.75% in Q2 2026, up 6.38 percentage points from 12.38% a year earlier but down 1.35 percentage points from the prior quarter.
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Analysis
Callaway Golf (CALY) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Callaway Golf's Operating Margin came in at 9.56% as of Jun 30, 2026, up 1.54 percentage points year-over-year; for FY2025, it was 6.22%, down 1.14 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +12.86 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 7.36% in FY2024 (-1.74 pp), 9.10% in FY2023 (+2.67 pp), 6.43% in FY2022 (-0.11 pp) and 6.53% in FY2021 (+13.17 pp).
- Quarterly Operating Margin has ranged from -14.72% in Q4 2025 to 20.10% in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last seven quarters, with an average year-over-year change of -0.25 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 6.38 percentage points in Q2 2026, against a drop of 8.10 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.10% (Q1 2026), -14.72% (Q4 2025) and 1.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | 11.74% |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 22.16% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 21.54% |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | 0.97% |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | 19.33% |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 18.75% |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 13.36% |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | -46.85% |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | 4.83% |
| 10 | Smith & Wesson Brands | 629.10 Mn | 541.36 Mn | 32.27 Mn | 3.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.75% |
| Mar 31, 2026 | 20.10% |
| Dec 31, 2025 | -14.72% |
| Sep 30, 2025 | 1.04% |
| Jun 30, 2025 | 12.38% |
| Mar 31, 2025 | 16.38% |
| Dec 31, 2024 | -6.62% |
| Sep 30, 2024 | 2.65% |
| Jun 30, 2024 | 14.11% |
| Mar 31, 2024 | 12.32% |
| Sep 30, 2023 | 7.09% |
| Jun 30, 2023 | 9.83% |
| Mar 31, 2023 | 6.90% |
| Dec 31, 2022 | -4.08% |
| Sep 30, 2022 | 6.90% |
| Jun 30, 2022 | 11.56% |
| Mar 31, 2022 | 9.07% |
| Dec 31, 2021 | -7.68% |
| Sep 30, 2021 | 8.87% |
| Jun 30, 2021 | 11.74% |
API Access
Callaway Golf Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();