Company / Gross Margin
Topgolf Callaway Brands Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
42.1%
FY2025
5-year range
42.1% / 43.5%
FY2021-FY2025
Trend
-1.4%
vs FY2024
Sector context
#44 of 120
Consumer Discretionary
What the data says
At 42.1%, Topgolf Callaway Brands's gross margin ranks #44 of 120 in the Consumer Discretionary sector. Gross Margin has fluctuated over the past 8 years, ranging from 41.4% in FY2020 to 46.5% in FY2018.
Based on SEC 10-K filings.
42.1% in FY2025 with a 5-year CAGR of +0.7%.
Declined from 43.5% to 42.1% over the past 2 years.
Consumer Discretionary sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- +0.7pp
- 10-Year Change
- -
Sector benchmark
#44 of 120 in Consumer DiscretionaryTop 37% of 120This company 42.1% Sector average 36.3%
▼
+15.9% above sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 1.4% year-over-year.
- Currently 5.8pp above the Consumer Discretionary sector average.
- Peak gross margin was recorded in FY2018.
- Lowest gross margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.66 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 42.1% | -1.4% |
| FY2024 | 42.7% | -1.8% |
| FY2023 | 43.5% | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | 41.4% | -8.2% |
| FY2019 | 45.1% | -3.1% |
| FY2018 | 46.5% | +1.6% |
| FY2017 | 45.8% | +3.7% |
| FY2016 | 44.2% | +4.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026