Acushnet Holdings (Acushnet Holdings) Gross Profit : $1,253 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Acushnet Holdings Gross Profit?

Acushnet Holdings's gross profit for the three months ended in Dec. 2023 was $210 Mil. Acushnet Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,253 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Acushnet Holdings's gross profit for the three months ended in Dec. 2023 was $210 Mil. Acushnet Holdings's Revenue for the three months ended in Dec. 2023 was $413 Mil. Therefore, Acushnet Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 50.80%.

Acushnet Holdings had a gross margin of 50.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Acushnet Holdings was 52.58%. The lowest was 49.29%. And the median was 51.59%.

Acushnet Holdings Gross Profit Historical Data

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings Gross Profit Chart

Acushnet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

872.24

829.84

1,118.44

1,179.23

1,252.51

Acushnet Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															223.63	365.67	368.52	308.52	209.79

Competitive Comparison of Acushnet Holdings's Gross Profit

For the Leisure subindustry, Acushnet Holdings'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.

Acushnet Holdings's Gross Profit Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Acushnet Holdings's Gross Profit falls into.

Acushnet Holdings Gross Profit Calculation

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

Acushnet Holdings'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
	=	2381.995	-	1129.484
	=	1,253

Acushnet Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	412.961	-	203.167
	=	210

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,253 Mil.

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

Acushnet Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	210	/	412.961
	=	50.80 %

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.

Acushnet Holdings (NYSE:GOLF) 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

Acushnet Holdings had a gross margin of 50.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Acushnet Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Acushnet Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Acushnet Holdings (Acushnet Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (NYSE:GOLF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

163:Germany

Address

333 Bridge Street, Fairhaven, MA, USA, 02719

Website

https://www.acushnetholdingscorp.com

Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

Executives

Christopher Aaron Lindner	officer: President, FootJoy	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd.	director, 10 percent owner	1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher	officer: Chief Operating Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan	director	11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron)	director, 10 percent owner	FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer	director	2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719