Callaway Golf Co (FRA:CLY) Pretax Margin %: 15.65% (As of Mar. 2026) — 168% Above Median


FRA:CLY Callaway Golf Co FRA:CLY
72 GF Score
Price €16.80
GF Value €10.38
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Callaway Golf Co Pretax Margin %?

Callaway Golf Co FRA:CLY +3.51% 72 Pretax Margin % is 15.65% as of Mar. 2026, which is 168% above its 10-year median of 5.85. GuruFocus rates FRA:CLY with a GF Score™ of 72/100 and a GF Value™ of €10.38 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 845 Travel & Leisure companies, Callaway Golf Co ranks better than 63.55% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Callaway Golf Co's Pre-Tax Income for the three months ended in Mar. 2026 was €93 Mil. Callaway Golf Co's Revenue for the three months ended in Mar. 2026 was €595 Mil. Therefore, Callaway Golf Co's pretax margin for the quarter that ended in Mar. 2026 was 15.65%.

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

FRA:CLY' s Pretax Margin % Range Over the Past 10 Years
Min: -8.02   Med: 5.85   Max: 11.19
Current: 11.09


FRA:CLY's Pretax Margin % is ranked better than
63.55% of 845 companies
in the Travel & Leisure industry
Industry Median: 6.2 vs FRA:CLY: 11.09

Callaway Golf Co  (FRA:CLY) 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.


Callaway Golf Co Pretax Margin % Related Terms


Callaway Golf Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Callaway Golf Co'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.

Callaway Golf Co Pretax Margin % Chart

Callaway Golf Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.19 3.55 6.07 5.37 4.25

Callaway Golf Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.39 3.07 -2.39 -5.96 15.65

FRA:CLY vs YETI, OSW, MAT: Pretax Margin % Comparison

For the Leisure subindustry, Callaway Golf Co'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.


Callaway Golf Co Pretax Margin % vs Travel & Leisure Industry

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

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


FRA:CLY
72GF Score
Callaway Golf Co FRA:CLY
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Callaway Golf Co 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.

Callaway Golf Co's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=74.81/1759.325
=4.25 %

Callaway Golf Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=93.074/594.687
=15.65 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 15.65% mean?
Callaway Golf Co (FRA:CLY) has a Pretax Margin % of 15.65% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Callaway Golf Co and its competitors. This is 168% above median its historical median of 5.85. According to the industry distribution chart, Callaway Golf Co ranks #308 out of 845 companies in the Travel & Leisure industry, placing it in the top 36.4%.
Is Callaway Golf Co's Pretax Margin % too high?
Callaway Golf Co's current Pretax Margin % of 15.65% is 168% above median its 10-year median of 5.85. The Travel & Leisure industry median Pretax Margin % is 6.20. Callaway Golf Co's value of 15.65% is 152.4% above this industry median. Based on the distribution chart, Callaway Golf Co ranks #308 out of 845 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Callaway Golf Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Callaway Golf Co's Pretax Margin % compare to YETI and OSW?
According to the Travel & Leisure industry distribution chart, Callaway Golf Co ranks #308 out of 845 companies for Pretax Margin %. This puts Callaway Golf Co in the upper half of its industry. The industry median Pretax Margin % is 6.20. Callaway Golf Co's value of 15.65% is 152.4% above this benchmark. While the company's 10-year median is 5.85 vs. the industry median of 6.20, Callaway Golf Co 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 Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.20, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Callaway Golf Co's current Pretax Margin % of 15.65% is 152.4% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Callaway Golf Co and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Callaway Golf Co's current Pretax Margin % is 15.65%, which is 168% above median its own 10-year median of 5.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Callaway Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Callaway Golf Co (FRA:CLY) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.38, compared to a current price of €16.80 — trading 61.8% above its estimated fair value. The current Pretax Margin % is 15.65%, which is 168% above median its 10-year median of 5.85 and 152.4% above the Travel & Leisure industry median of 6.20. Callaway Golf Co's overall GF Score™ is 72/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current Pretax Margin % is 15.65% 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 Callaway Golf Co (FRA:CLY) Overvalued in 2026?

Based on GuruFocus' analysis, Callaway Golf Co stock appears to be overvalued. The current stock price of €16.80 is trading 61.8% above its estimated GF Value™ of €10.38. GuruFocus considers Callaway Golf Co to be Significantly Overvalued.

Key valuation signals for FRA:CLY:

  • Pretax Margin %: 15.65% (168% above median its 10-year median of 5.85)
  • GF Value™: €10.38 vs. price of €16.80 (61.8% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 152.4% above the Travel & Leisure median (#308 of 845)

No single metric tells the full story. See the FRA:CLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Callaway Golf Co Business Description

Other Exchanges CALY:USACLY:Germany
Address 2180 Rutherford Road, Carlsbad, CA, USA, 92008
Callaway Golf Co is a golf equipment, gear and apparel company with a portfolio of world-wide brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. Callaway designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories-setting the standard for performance in the game of golf. The company has two operating and reportable business segments: Golf Equipment and Apparel, Gear and Other. Geographically, the company operates in United States, Europe, Asia, and Rest of World, of which it derives maximum revenue from United States.
72GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.80
Price
€10.38
GF Value