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Callaway Golf vs Escalade: revenue, profit, margins and growth compared

Callaway Golf brought in $2.1B of revenue in fiscal 2025, Escalade $240.2M in fiscal 2025. Revenue changed by -0.8% at Callaway Golf and -4.5% at Escalade on the year before, so Callaway Golf grew faster. Callaway Golf kept -19.9% of its revenue as net profit, Escalade 5.7%. Free cash flow was $302.2M at Callaway Golf and $28.5M at Escalade.

Side by side, latest fiscal year

CALYESCA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.1B$240.2M
Revenue growth-0.8%-4.5%
Net income-$409.3M$13.7M
Net margin-19.9%5.7%
Free cash flow$302.2M$28.5M
Free cash flow margin14.7%11.9%
Earnings per share (diluted)-$2.20$0.99
Cash$903.2M$11.9M
Debt$1.4B$18.5M
Price to earningsn/a19.7
Market value$2.6B$268.7M
Dividend yieldn/an/a
Rank by revenue in sector#350 of 778 · Consumer discretionary#641 of 778 · Consumer discretionary

Over the years

Revenue
CALY FY2018: $1.2BCALY FY2019: $1.7BCALY FY2020: $1.6BCALY FY2021: $3.1BCALY FY2022: $4BCALY FY2023: $2.1BCALY FY2024: $2.1BCALY FY2025: $2.1BESCA FY2018: $175.8MESCA FY2019: $180.5MESCA FY2020: $273.6MESCA FY2021: $313.6MESCA FY2022: $313.8MESCA FY2023: $263.6MESCA FY2024: $251.5MESCA FY2025: $240.2MFY18FY19FY20FY21FY22FY23FY24FY25
CALY $2.1BESCA $240.2M
Net income
CALY FY2018: $104.7MCALY FY2019: $79.4MCALY FY2020: -$126.9MCALY FY2021: $322MCALY FY2022: $157.9MCALY FY2023: $95MCALY FY2024: -$1.4BCALY FY2025: -$409.3MESCA FY2018: $20.4MESCA FY2019: $7.3MESCA FY2020: $25.9MESCA FY2021: $24.4MESCA FY2022: $18MESCA FY2023: $9.8MESCA FY2024: $13MESCA FY2025: $13.7MFY18FY19FY20FY21FY22FY23FY24FY25
CALY -$409.3MESCA $13.7M
Net margin
CALY FY2018: 8.4%CALY FY2019: 4.7%CALY FY2020: -8.0%CALY FY2021: 10.3%CALY FY2022: 4.0%CALY FY2023: 4.5%CALY FY2024: -69.7%CALY FY2025: -19.9%ESCA FY2018: 11.6%ESCA FY2019: 4.0%ESCA FY2020: 9.5%ESCA FY2021: 7.8%ESCA FY2022: 5.7%ESCA FY2023: 3.7%ESCA FY2024: 5.2%ESCA FY2025: 5.7%FY18FY19FY20FY21FY22FY23FY24FY25
CALY -19.9%ESCA 5.7%
Revenue growth
CALY FY2019: +36.9%CALY FY2020: -6.6%CALY FY2021: +97.1%CALY FY2022: +27.5%CALY FY2023: -46.6%CALY FY2024: -2.6%CALY FY2025: -0.8%ESCA FY2019: +2.7%ESCA FY2020: +51.6%ESCA FY2021: +14.6%ESCA FY2022: +0.0%ESCA FY2023: -16.0%ESCA FY2024: -4.6%ESCA FY2025: -4.5%FY19FY20FY21FY22FY23FY24FY25
CALY -0.8%ESCA -4.5%
Free cash flow
CALY FY2018: $55.5MCALY FY2019: $31.8MCALY FY2020: $189MCALY FY2021: -$44MCALY FY2022: -$567.4MCALY FY2023: $314.7MCALY FY2024: $333.3MCALY FY2025: $302.2MESCA FY2018: $3.7MESCA FY2019: $13.9MESCA FY2020: -$2.8MESCA FY2021: -$8.8MESCA FY2022: $6.4MESCA FY2023: $46.2MESCA FY2024: $34MESCA FY2025: $28.5MFY18FY19FY20FY21FY22FY23FY24FY25
CALY $302.2MESCA $28.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Callaway Golf and Escalade

Which is bigger by revenue, Callaway Golf or Escalade?

Callaway Golf is bigger by revenue: $2.1B in fiscal 2025, against $240.2M for Escalade in fiscal 2025.

Which keeps more of its revenue as profit, Callaway Golf or Escalade?

Callaway Golf had a net margin of -19.9% in fiscal 2025; Escalade had 5.7% in fiscal 2025.

Which grew revenue faster, Callaway Golf or Escalade?

In their latest fiscal years revenue changed by -0.8% at Callaway Golf and -4.5% at Escalade.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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