Acushnet Holdings's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Acushnet Holdings (GOLF) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Acushnet Holdings vs Its Competitors
- TTM: Trailing 12-month revenue of 2,707M vs 50,821M combined for its competitors (5.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+21.2% annualized vs trailing 12 months), vs decelerating (-5.0%) for its tracked peer group.
- Growth: Acushnet Holdings generated 13.8% revenue growth year over year in Q2 2026, vs -1.3% for its competitors combined.
- Profitability: Its 15.3% net margin compares with 8.9% for the peer group.
- Scale: Acushnet Holdings ranks #2 of 20 companies by market capitalization in the Recreational Products industry, holding 13.5% of industry market cap.
- Peer revenue share: Acushnet Holdings accounted for 6.4% of combined revenue among its tracked peer group, up from 5.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.37M compares with $0.64M for the peer group (0.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
GOLF Sales vs. its Competitors, Q2 2026
Acushnet Holdings reported revenue growth of 13.83 % year on year in Q2 2026, above its competitors' combined revenue change of -1.32 %.
With a net margin of 15.28 %, Acushnet Holdings achieved higher profitability than its competitors (8.86 %).
Acushnet Holdings generated 6.36 % of the combined sales of its peer group, up from 5.56 % a year earlier.
Acushnet Holdings vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Acushnet Holdings reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Acushnet Holdings and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Acushnet Holdings Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Acushnet Holdings's competitor groups requires a Commercial License.
For context: the Recreational Products industry grew revenue -0.3% year over year, combined, vs 13.8% for Acushnet Holdings. Acushnet Holdings's share of combined industry revenue moved from 11.31% to 12.91%, a gain of 1.61 percentage points.
Acushnet Holdings's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Acushnet Holdings Corp | Yes | Yes | Yes | No |
| Competitors combined (2) | ||||
| High-Confidence Competitors (7) | ||||
| Similar-Size Competitors (6) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 75.00 % (6 of 8) | 50.00 % (4 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
GOLF Stock Performance relative to its Competitors
GOLF Stock Performance relative to High-Confidence Competitors
GOLF Stock Performance relative to Similar-Size Competitors
GOLF Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Nike Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Acushnet Holdings's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Acushnet Holdings's Comment on Competition and Industry Peers
Publicly Traded Peers of Acushnet Holdings Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Acushnet Holdings Corp |
5,146.73 | 2,706.99 |
 Nike Inc |
60,095.26 | 45,891.00 |
 Under Armour Inc |
2,410.21 | 4,930.23 |
| SUBTOTAL | 67,652.20 | 53,528.22 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Acushnet Holdings Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Acushnet Holdings's Competitors Named by the Company
Competitive relationships identified from Acushnet Holdings reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Nike | Company report | 85% |
| Callaway Golf Company | Company report | 85% |
| Ecco | Company report | 85% |
| SRI Sports Limited | Company report | 85% |
| Newton Golf Company Inc | Company report | 85% |
| Bridgestone | Company report | 85% |
| Ping | Company report | 85% |
| Karsten Manufacturing Corporation | Company report | 85% |
| Srixon | Company report | 85% |
| SPGC | Company report | 85% |
| Dunlop | Company report | 85% |
| Precept | Company report | 85% |
| MODG | Company report | 85% |
| Adidas | Company report | 85% |
| TaylorMade | Company report | 85% |
| Topgolf Callaway Brands | Company report | 85% |
| Under Armour Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Acushnet Holdings's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Acushnet Holdings's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Nike Inc | North America 45.72 % |
| Under Armour Inc | Corporate Segment and Other Operating -0.17 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Acushnet Holdings's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Acushnet Holdings Corp | 5,147 | 370,820 | 30,074 |
| Nike Inc | 60,095 | 628,644 | 42,370 |
| Under Armour Inc | 2,410 | 810,626 | -80,974 |
| PEERS TOTAL | 62,505 | 642,640 | 32,884 |
Acushnet Holdings's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Under Armour Inc | North America 55.54 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Acushnet Holdings's Position in Industry Market Structure
Market-capitalization share and concentration across all 19 companies in Acushnet Holdings's industry classification, broader than the peer set above. Market cap in millions of $.Acushnet Holdings ranks #2 of 19 companies by market capitalization in its industry, holding 13.45 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,591, indicating a highly concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Hasbro Inc | 17,398 | 45.48 % |
| 2 | Acushnet Holdings Corp | 5,147 | 13.45 % |
| 3 | Mattel Inc | 4,499 | 11.76 % |
| 4 | Yeti Holdings Inc | 3,663 | 9.57 % |
| 5 | Callaway Golf Company | 1,234 | 5.2% |
| 6 | Peloton Interactive Inc | 1,234 | 5.2% |
| 7 | Johnson Outdoors Inc | 1,234 | 5.2% |
| 8 | Jakks Pacific Inc | 1,234 | 5.2% |
| 9 | Funko Inc | 1,234 | 5.2% |
| 10 | Escalade Incorporated | 1,234 | 5.2% |
Market cap and industry share for the rest of Acushnet Holdings's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-04.
Acushnet Holdings's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Hasbro Inc | 17,398 | 58.36 % |
| 2 | Acushnet Holdings Corp | 5,147 | 18.26 % |
| 3 | Mattel Inc | 4,499 | -19.01 % |
| 4 | Yeti Holdings Inc | 1,234 | 12.3% |
| 5 | Callaway Golf Company | 1,234 | 12.3% |
| 6 | Peloton Interactive Inc | 1,234 | 12.3% |
| 7 | Johnson Outdoors Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Acushnet Holdings's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-04. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Acushnet Holdings's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Recreational Products industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (26 companies). See the full Recreational Products industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.49 % | 29.78 % (avg) | -29.3 pp |
| Operating Margin | 0.13 % | industry median | +0.0 pp |
| EBITDA Margin | 0.15 % | -16.26 % (avg) | +16.4 pp |
| Capital Intensity (Capex / Revenue) | 3.19 % | 3.36 % (avg) | -0.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Acushnet Holdings's Valuation vs Competitive Position
Valuation multiples vs the Recreational Products industry average (26 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Recreational Products industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 26.1x | 19.1x | +7.0x |
| EV / EBITDA | 17.6x | 6.9x | +10.7x |
| P/B | 6.8x | 2.3x | +4.5x |
| Return on Equity | 0.26 % | industry aggregate | -16.17 % |
| Return on Invested Capital | 0.19 % | -2.88 % (avg) | 3.07 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Acushnet Holdings's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 4.71 % | 2.92 % | -4.12 % | 33.23 % | 5.70 % | 4.84 % | 3.21 % | 4.13 % |
| Operating Margin | 10.55 % | 11.04 % | 9.02 % | 12.10 % | 12.40 % | 11.99 % | 12.38 % | 11.70 % |
| Return on Invested Capital | 7.31 % | 7.68 % | 6.00 % | 9.56 % | 10.64 % | 9.79 % | 11.38 % | 11.12 % |
| P/E | 17.5x | 19.7x | 30.9x | 22.1x | 16.6x | 19.4x | 20.4x | 26.2x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Acushnet Holdings's Strategic Group Map
Acushnet Holdings is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Acushnet Holdings's trailing-12-month revenue growth of 8.8% and operating margin of 0.1% compares with an average of 5.5% growth and 1.4% margin across its 8 closest peers by combined growth, margin and ROIC -- Acushnet Holdings sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Acushnet Holdings's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Acushnet Holdings falls in the Dog quadrant: relative market share of 0.30x vs its largest competitor, in an industry growing revenue 3.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Hasbro Inc alone holds 45% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Acushnet Holdings's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 2,591 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 3.19 % vs industry average 3.36 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Acushnet Holdings's dedicated Suppliers and Customers pages, not here.
Acushnet Holdings's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Acushnet Holdings falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Acushnet Holdings's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+21.2% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 16.2 points below the industry aggregate.
- Low relative market share vs the industry leader (0.30x).
Opportunities
- A meaningful share of competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by Hasbro Inc , holding 45.48 % of industry market cap.
- Tracked peer group's revenue run-rate is broadly decelerating (-5.0% annualized).
Methodology: see Methodology: SWOT Analysis.
Acushnet Holdings's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Acushnet Holdings Corp | - | 2.56 | 1.17 |
| Nike Inc | 0.63 | 2.09 | 0.55 |
| Under Armour Inc | 0.48 | 1.78 | 0.54 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Acushnet Holdings's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Acushnet Holdings Corp | Q2 2026 | +13.8 % | +66.9 % |
| Nike Inc | Q3 2026 | -4.3 % | -2.1 % |
| Under Armour Inc | Q2 2026 | -3.2 % | - |
| PEERS TOTAL | -3.3 % | +4.8 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Acushnet Holdings's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Acushnet Holdings Corp | Q2 2026 | +2.2 % | +30.2 % |
| Nike Inc | Q3 2026 | -5.3 % | -3.9 % |
| Under Armour Inc | Q2 2026 | -14.2 % | -58.7 % |
Acushnet Holdings's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Acushnet Holdings Corp | 8.90% | 10.92% | 25.93% |
| Nike Inc | 8.26% | 13.37% | 21.56% |
| Under Armour Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Acushnet Holdings's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Acushnet Holdings Corp | 23.42 | 1.90 |
| Nike Inc | 19.47 | 1.31 |
| Under Armour Inc | - | 0.49 |
| PEERS AVERAGE | 23.99 | 1.26 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.