Reading the tape
NYSE: GOLF
Acushnet Holdings Corp.
Consumer Cyclical · Leisure
Market Cap
$5.47B
52w High
$104.81
52w Low
$64.59
P/E
29.66
Volume
141.22K
Outstanding Shares
58.55M
Price vs Fundamentals
Why The Stock Is Moving
Momentum disconnected from fundamentalsModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 42.09%Revenue (TTM): 4.14%FCF (TTM): -29.6%P/FCF: 93rd pct
What changed
The stock rose 42.09% over the last year. Revenue grew 4.14% over the trailing twelve months. Operating margin moved from 12.38% to 11.54%. Free cash flow declined 29.6% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 93rd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 11.54%) would need to stabilize or improve to justify the move. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally.
CEODavid E. Maher
SectorConsumer Cyclical
IndustryLeisure
Employees7,300
IPO dateOct 28, 2016
Valuation
Forward P/E—
EV/EBITDA40.62
Enterprise value$5.8B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth7.2%
Gross margin47.73%▼2.22%vs FY2024
Operating margin11.54%▼6.84%vs FY2024
ROE24.06%▼14.07%vs FY2024
Analyst consensus
RatingHold
Target price$92.50▼1.01%
3
Buy
17
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $1.38 · Revenue est $721.97M
View
Dividends
$0.96/shareQuarterly8yr growth streakSafeGOLF pays a dividend with a 1.03% dividend yield, 8 consecutive years of growth, growing at 8.79% annually, covered 2.1× by free cash flow.
Dividend Yield
1.03%
Annual Div / Share
$0.96
5yr CAGR
+8.79%
Doubles every ~8.2yr
Payout Ratio
29.78%
Safe
Dividend Growth Rate
3yr CAGR
+9.31%
5yr CAGR
+8.79%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.96+9.1%
2024$0.88+10.0%
2023$0.80+8.8%
2022$0.73+8.9%
2021$0.68+7.1%
2020$0.63+9.6%
2019$0.57+8.5%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$10/yr
$1/mo
In 5 yrs
$16/yr+52%
$1/mo
In 10 yrs
$24/yr+132%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$10/yr $1/mo | $16/yr+52% $1/mo | $24/yr+132% $2/mo |
Yield-on-cost grows from 1.03% → 2.39% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 2.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 8.79% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.