Acushnet HoldingsFRA:163 +1.59%82 Operating Margin % is 15.96% as of Mar. 2026, which is 40% above its 10-year median of 11.37. GuruFocus rates FRA:163 with a GF Score™ of 82/100 and a GF Value™ of €69.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 844 Travel & Leisure companies, Acushnet Holdings ranks better than 61.02% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Acushnet Holdings Operating Margin % Related Terms
Acushnet Holdings Operating Margin % Historical Data
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The historical data trend for Acushnet Holdings's Operating 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.
FRA:163 vs MAT, PLNT, YETI: Operating Margin % Comparison
For the Leisure subindustry, Acushnet Holdings's Operating Margin %, along with its competitors' market caps and Operating 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.
Acushnet Holdings Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Acushnet Holdings's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Acushnet Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Acushnet Holdings (FRA:163) has a Operating Margin % of 15.96% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Acushnet Holdings and its competitors. This is 40% above median its historical median of 11.37. Over the past decade, Acushnet Holdings' Operating Margin % has ranged from 9.17 to 12.40. According to the industry distribution chart, Acushnet Holdings ranks #329 out of 844 companies in the Travel & Leisure industry, placing it in the top 39%.
Is Acushnet Holdings' Operating Margin % too high?
Acushnet Holdings' current Operating Margin % of 15.96% is 40% above median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 9.17 to a high of 12.40. The Travel & Leisure industry median Operating Margin % is 8.14. Acushnet Holdings' value of 15.96% is 96.2% above this industry median. Based on the distribution chart, Acushnet Holdings ranks #329 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Acushnet Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' Operating Margin % compare to MAT and PLNT?
According to the Travel & Leisure industry distribution chart, Acushnet Holdings ranks #329 out of 844 companies for Operating Margin %. This puts Acushnet Holdings in the upper half of its industry. The industry median Operating Margin % is 8.14. Acushnet Holdings' value of 15.96% is 96.2% above this benchmark. Historically, Acushnet Holdings' own Operating Margin % has ranged from 9.17 to 12.40 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 8.14, Acushnet Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acushnet Holdings's current Operating Margin % of 15.96% is 96.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current Operating Margin % is 15.96%, which is 40% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acushnet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Acushnet Holdings (FRA:163) is currently considered Significantly Overvalued. The stock's GF Value™ is €69.32, compared to a current price of €96.00 — trading 38.5% above its estimated fair value. The current Operating Margin % is 15.96%, which is 40% above median its 10-year median of 11.37 and 96.2% above the Travel & Leisure industry median of 8.14. Acushnet Holdings' overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Acushnet Holdings (FRA:163), the current Operating Margin % is 15.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Acushnet Holdings (FRA:163) Overvalued in 2026?
Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued.
The current stock price of €96.00 is trading 38.5% above its estimated GF Value™ of €69.32.
GuruFocus considers Acushnet Holdings to be Significantly Overvalued.
Key valuation signals for FRA:163:
Operating Margin %: 15.96% (40% above median its 10-year median of 11.37)
GF Value™: €69.32 vs. price of €96.00 (38.5% above fair value)
Industry Position: 96.2% above the Travel & Leisure median (#329 of 844)
No single metric tells the full story. See the FRA:163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, and others. These products are offered through different brands such as Titleist, FootJoy, Scotty Cemeron, Vokey Design, Pinnacle, KJUS, and others. The company's reportable segments are Titleist golf equipment, FootJoy golf wear, and Gofl gear. A majority of its revenue is generated by the Titleist golf equipment segment. Geographically, the company generates maximum revenue from the United States, followed by Europe, Middle East and Asia (EMEA), Japan, Korea, and the Rest of the world.
82GF Score
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