Callaway Golf (CALY) Return on Invested Capital [ROIC] (2012 - 2026)
Callaway Golf's Return on Invested Capital [ROIC] came in at 5.50% for Q2 2026, up 2.65 percentage points from 2.85% a year earlier and up 1.94 percentage points from the prior quarter.
Powered by 
Analysis
Callaway Golf (CALY) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Callaway Golf's Return on Invested Capital [ROIC] was 1.55%, down 1.21 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last four years, though with a five-year change of +9.32 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 2.75% in FY2024 (-0.05 pp), 2.81% in FY2023 (-2.39 pp), 5.19% in FY2022 (-1.00 pp) and 6.20% in FY2021 (+13.97 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2020.
- Year-over-year, Return on Invested Capital [ROIC] increased in five of the last eight quarters, with an average year-over-year change of +0.46 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2021 (a gain of 11.68 percentage points), and the weakest in Q3 2024 (a drop of 4.24 percentage points).
- Business Quant data shows CALY's Return on Invested Capital [ROIC] at 3.55% (Q1 2026), 2.27% (Q4 2025) and 2.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.15 Bn | 11.20 Bn | 1.07 Bn | 13.41% |
| 2 | Hasbro | 12.63 Bn | 8.42 Bn | 867.20 Mn | 21.10% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.63 Bn | 445.83 Mn | 14.35% |
| 4 | Mattel | 4.36 Bn | 1.04 Bn | 542.12 Mn | 8.33% |
| 5 | YETI Holdings | 2.98 Bn | 2.30 Bn | 322.52 Mn | 30.09% |
| 6 | Callaway Golf | 2.58 Bn | 33.08 Mn | 306.70 Mn | 5.50% |
| 7 | Peloton Interactive | 2.16 Bn | -2.46 Bn | 344.40 Mn | 21.04% |
| 8 | Unusual Machines | 1.12 Bn | 655.02 Mn | 5.80 Mn | - |
| 9 | Sturm Ruger | 708.48 Mn | 312.48 Mn | 33.74 Mn | - |
| 10 | Smith & Wesson Brands | 656.45 Mn | 568.71 Mn | 32.27 Mn | 6.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.50% |
| Mar 31, 2026 | 3.55% |
| Dec 31, 2025 | 2.27% |
| Sep 30, 2025 | 2.49% |
| Jun 30, 2025 | 2.85% |
| Mar 31, 2025 | 3.59% |
| Dec 31, 2024 | 2.76% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.76% |
| Mar 31, 2024 | 2.38% |
| Dec 31, 2023 | 2.71% |
| Sep 30, 2023 | 4.24% |
| Jun 30, 2023 | 4.18% |
| Mar 31, 2023 | 4.58% |
| Dec 31, 2022 | 5.06% |
| Sep 30, 2022 | 4.77% |
| Jun 30, 2022 | 4.92% |
| Mar 31, 2022 | 4.59% |
| Dec 31, 2021 | 3.95% |
| Sep 30, 2021 | 3.64% |
API Access
Callaway Golf Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();