Company / Return on Equity (ROE)
Topgolf Callaway Brands Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-19.8%
FY2025
5-year range
-60.1% / 8.7%
FY2021-FY2025
Trend
+67.1%
vs FY2024
Sector context
#191 of 206
Consumer Discretionary
What the data says
Topgolf Callaway Brands reports negative total equity of -19.8% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-19.8% in FY2025 with a 5-year CAGR of -1.0%.
Declined from 2.5% to -19.8% over the past 2 years.
Consumer Discretionary sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -24.0pp
- 5-Year Change
- -1.0pp
- 10-Year Change
- -
Sector benchmark
Bottom 7% in Consumer DiscretionaryTop 93% of 206This company -19.8% Sector average 21.4%
▼
-192.4% below sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) increased 67.1% year-over-year.
- Currently 41.2pp below the Consumer Discretionary sector average.
- Peak return on equity (roe) was recorded in FY2016.
- Lowest return on equity (roe) in the period was in FY2024.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -19.8% | +67.1% |
| FY2024 | -60.1% | -2554.3% |
| FY2023 | 2.5% | -41.4% |
| FY2022 | 4.2% | -52.2% |
| FY2021 | 8.7% | +146.5% |
| FY2020 | -18.8% | -281.4% |
| FY2019 | 10.3% | -27.4% |
| FY2018 | 14.3% | +130.4% |
| FY2017 | 6.2% | -80.2% |
| FY2016 | 31.2% | +783.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026