Callaway Golf CoFRA:CLY +1.72%72 ROE % is 17.88% as of Mar. 2026, which is 232% above its 10-year median of 5.39. GuruFocus rates FRA:CLY with a GF Score™ of 72/100 and a GF Value™ of €10.20 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 824 Travel & Leisure companies, Callaway Golf Co ranks worse than 88.47% on this metric.
The historical rank and industry rank for Callaway Golf Co's ROE % or its related term are showing as below:
FRA:CLY'
s ROE % Range Over the Past 10 Years
Min: -46.06 Med: 5.39 Max: 37.54
Current: -13.74
During the past 13 years, Callaway Golf Co's highest ROE % was 37.54%. The lowest was -46.06%. And the median was 5.39%.
FRA:CLY's ROE % is ranked worse than 88.47% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs FRA:CLY: -13.74
Callaway Golf Co (FRA:CLY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Callaway Golf Co ROE % Related Terms
Callaway Golf Co ROE % Historical Data
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The historical data trend for Callaway Golf Co's ROE % 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.
For the Leisure subindustry, Callaway Golf Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Callaway Golf Co's ROE % distribution charts can be found below:
* The bar in red indicates where Callaway Golf Co's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Callaway Golf Co (FRA:CLY) has a ROE % of 17.88% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Callaway Golf Co and its competitors. This is 232% above median its historical median of 5.39. According to the industry distribution chart, Callaway Golf Co ranks #729 out of 824 companies in the Travel & Leisure industry, placing it in the top 88.5%.
Is Callaway Golf Co's ROE % too high?
Callaway Golf Co's current ROE % of 17.88% is 232% above median its 10-year median of 5.39. The Travel & Leisure industry median ROE % is 5.49. Callaway Golf Co's value of 17.88% is 226% above this industry median. Based on the distribution chart, Callaway Golf Co ranks #729 out of 824 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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 ROE % compare to PTON and OSW?
According to the Travel & Leisure industry distribution chart, Callaway Golf Co ranks #729 out of 824 companies for ROE %. This places Callaway Golf Co in the lower half of its industry. The industry median ROE % is 5.49. Callaway Golf Co's value of 17.88% is 226% above this benchmark. While the company's 10-year median is 5.39 vs. the industry median of 5.49, 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 ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Callaway Golf Co's current ROE % of 17.88% is 226% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Callaway Golf Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Callaway Golf Co's current ROE % is 17.88%, which is 232% above median its own 10-year median of 5.39. 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 €10.20, compared to a current price of €16.23 — trading 59.1% above its estimated fair value. The current ROE % is 17.88%, which is 232% above median its 10-year median of 5.39 and 226% above the Travel & Leisure industry median of 5.49. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current ROE % is 17.88% 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 €16.23 is trading 59.1% above its estimated GF Value™ of €10.20.
GuruFocus considers Callaway Golf Co to be Significantly Overvalued.
Key valuation signals for FRA:CLY:
ROE %: 17.88% (232% above median its 10-year median of 5.39)
GF Value™: €10.20 vs. price of €16.23 (59.1% above fair value)
Industry Position: 226% above the Travel & Leisure median (#729 of 824)
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 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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