The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

CALY

Concerning the House

Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in two business segments: Golf Equipment; and Apparel, Gear and Other. The company provides drivers, fairway woods, hybrids, irons, and wedges under the Callaway brands; packaged sets under the Callaway and Strata brands; and putters under Odyssey brand. It designs, manufactures, and sells golf clubs, golf balls, apparel, bags, and other accessories under TravisMathew and OGIO brand. It sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and merchants, and directly to consumers through its retail stores and websites. The company was formerly known as Topgolf Callaway Brands Corp. and changed its name to Callaway Golf Company in January 2026. The company was incorporated in 1982 and is headquartered in Carlsbad, California.

United States · www.callawaygolf.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$452.30M-4.7%
Gross profit$867.60M+10.8%
Operating income$152.90M+19.5%
Net income-$1.45B+17.4%
Cash from ops$364.70M+19.5%
Quotation

$16.50

-0.03 (-0.2%)

52w hi$19.66
52w lo$8.39
Vol1.77M
As ofAug 13
The Verdict

Hold

Our score +0.17

Short+0.46
Medium+0.08
Long-0.23

computed 2026-08-13

By the Numbers

Callaway Golf Company

Consumer Cyclical · Leisure

Market cap$2.97B
Enterprise value$2.95B
Trailing P/E38.37x
Forward P/E18.87x
EV / EBITDA11.50x
P / S (ttm)1.38x
Profit margin-12.4%
Return on equity3.5%
Revenue growth+2.0%
Earnings growth+262.1%
Debt / equity12.64
Risk Metrics
Beta vs SPX1.28
Corr SPX0.35
Annual vol58.7%
Annual ret+33.2%
Sharpe0.57
Max DD-53.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.13
Sector+0.01
Technical+0.31
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$16.60$16.91$16.42$16.501.77M
Aug 12$17.09$17.17$16.47$16.531.66M
Aug 11$16.85$17.21$16.76$16.861.73M
Aug 10$17.60$17.74$17.02$17.051.75M
Aug 7$17.23$18.02$17.21$17.591.80M