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Topgolf Callaway Brands (Topgolf Callaway Brands) Pretax Margin % : -9.40% (As of Dec. 2023)


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What is Topgolf Callaway Brands Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Topgolf Callaway Brands's Pre-Tax Income for the three months ended in Dec. 2023 was $-84 Mil. Topgolf Callaway Brands's Revenue for the three months ended in Dec. 2023 was $897 Mil. Therefore, Topgolf Callaway Brands's pretax margin for the quarter that ended in Dec. 2023 was -9.40%.

The historical rank and industry rank for Topgolf Callaway Brands's Pretax Margin % or its related term are showing as below:

MODG' s Pretax Margin % Range Over the Past 10 Years
Min: -8.02   Med: 4.59   Max: 11.19
Current: 0.81


MODG's Pretax Margin % is ranked worse than
65.82% of 822 companies
in the Travel & Leisure industry
Industry Median: 6.29 vs MODG: 0.81

Topgolf Callaway Brands Pretax Margin % Historical Data

The historical data trend for Topgolf Callaway Brands's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Topgolf Callaway Brands Pretax Margin % Chart

Topgolf Callaway Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 -8.02 11.19 3.55 0.81

Topgolf Callaway Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.95 1.78 6.07 2.57 -9.40

Competitive Comparison of Topgolf Callaway Brands's Pretax Margin %

For the Leisure subindustry, Topgolf Callaway Brands's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Topgolf Callaway Brands's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topgolf Callaway Brands's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Topgolf Callaway Brands's Pretax Margin % falls into.



Topgolf Callaway Brands Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Topgolf Callaway Brands's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=34.8/4284.8
=0.81 %

Topgolf Callaway Brands's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-84.3/897.1
=-9.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Topgolf Callaway Brands  (NYSE:MODG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Topgolf Callaway Brands Pretax Margin % Related Terms

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Topgolf Callaway Brands (Topgolf Callaway Brands) Business Description

Traded in Other Exchanges
Address
2180 Rutherford Road, Carlsbad, CA, USA, 92008
Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.
Executives
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Brewer Oliver G Iii officer: President and CEO 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Jennifer L. Thomas officer: Chief Accounting Officer 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Erik J Anderson director 1411 E MISSION AVE, SPOKANE WA 99202
Adebayo O. Ogunlesi director 2180 RUTHERFORD ROAD, CARLSBAD CA 92130
C. Matthew Turney director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Rebecca Fine officer: EVP, Chief People Officer 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian P. Lynch officer: SVP, G.C. & Corp Secretary 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Samuel H Armacost director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Varsha Rajendra Rao director 6155 EL CAMINO REAL, CARLSBAD CA 92009
Bavan Holloway director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Pep Tg Investments Lp 10 percent owner C/O PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Glenn F. Hickey officer: EVP, Callaway Golf 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Artie Starrs officer: CEO, Topgolf 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Westriver Management, Llc 10 percent owner 920 5TH AVENUE, SUITE 3450, SEATTLE WA 98104