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Topgolf Callaway Brands (FRA:CLY) Gross Profit : €2,414 Mil (TTM As of Sep. 2024)


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What is Topgolf Callaway Brands Gross Profit?

Topgolf Callaway Brands's gross profit for the three months ended in Sep. 2024 was €573 Mil. Topgolf Callaway Brands's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €2,414 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Topgolf Callaway Brands's gross profit for the three months ended in Sep. 2024 was €573 Mil. Topgolf Callaway Brands's Revenue for the three months ended in Sep. 2024 was €913 Mil. Therefore, Topgolf Callaway Brands's Gross Margin % for the quarter that ended in Sep. 2024 was 62.77%.

Topgolf Callaway Brands had a gross margin of 62.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Topgolf Callaway Brands was 62.49%. The lowest was 40.35%. And the median was 45.45%.


Topgolf Callaway Brands Gross Profit Historical Data

The historical data trend for Topgolf Callaway Brands's Gross Profit 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 Gross Profit Chart

Topgolf Callaway Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 690.11 540.55 1,649.02 2,276.08 2,433.81

Topgolf Callaway Brands Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 616.45 527.09 634.52 679.75 572.86

Competitive Comparison of Topgolf Callaway Brands's Gross Profit

For the Leisure subindustry, Topgolf Callaway Brands's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Topgolf Callaway Brands's Gross Profit falls into.



Topgolf Callaway Brands Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3929.162 - 1495.352
=2,434

Topgolf Callaway Brands's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=912.623 - 339.767
=573

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,414 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Topgolf Callaway Brands's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=573 / 912.623
=62.77 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Topgolf Callaway Brands  (FRA:CLY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Topgolf Callaway Brands had a gross margin of 62.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Topgolf Callaway Brands Gross Profit Related Terms

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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 through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.

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