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

Callaway Golf brought in $2.1B of revenue in fiscal 2025, YETI $1.9B in fiscal 2025. Revenue changed by -0.8% at Callaway Golf and +2.1% at YETI on the year before, so YETI grew faster. Callaway Golf kept -19.9% of its revenue as net profit, YETI 8.9%. Free cash flow was $302.2M at Callaway Golf and $212.1M at YETI.

Side by side, latest fiscal year

CALYYETI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 3, 2026)
Revenue$2.1B$1.9B
Revenue growth-0.8%+2.1%
Net income-$409.3M$165.4M
Net margin-19.9%8.9%
Free cash flow$302.2M$212.1M
Free cash flow margin14.7%11.3%
Earnings per share (diluted)-$2.20$2.03
Cash$903.2M$188.3M
Debt$1.4B$73.8M
Price to earningsn/a20.8
Market value$2.6B$3.1B
Dividend yieldn/an/a
Rank by revenue in sector#350 of 778 · Consumer discretionary#366 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: $2.1BYETI FY2018: $778.8MYETI FY2019: $913.7MYETI FY2020: $1.1BYETI FY2021: $1.4BYETI FY2022: $1.6BYETI FY2023: $1.7BYETI FY2024: $1.8BYETI FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
CALY $2.1BYETI $1.9B
Net income
CALY FY2018: $104.7MCALY FY2019: $79.4MCALY FY2020: -$126.9MCALY FY2021: $322MCALY FY2022: $157.9MCALY FY2023: $95MCALY FY2024: -$1.4BCALY FY2025: -$409.3MYETI FY2018: $57.8MYETI FY2019: $50.4MYETI FY2020: $155.8MYETI FY2021: $212.6MYETI FY2022: $89.7MYETI FY2023: $169.9MYETI FY2024: $175.7MYETI FY2025: $165.4MFY18FY19FY20FY21FY22FY23FY24FY25
CALY -$409.3MYETI $165.4M
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%YETI FY2018: 7.4%YETI FY2019: 5.5%YETI FY2020: 14.3%YETI FY2021: 15.1%YETI FY2022: 5.6%YETI FY2023: 10.2%YETI FY2024: 9.6%YETI FY2025: 8.9%FY18FY19FY20FY21FY22FY23FY24FY25
CALY -19.9%YETI 8.9%
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%YETI FY2019: +17.3%YETI FY2020: +19.5%YETI FY2021: +29.2%YETI FY2022: +13.1%YETI FY2023: +4.0%YETI FY2024: +10.3%YETI FY2025: +2.1%FY19FY20FY21FY22FY23FY24FY25
CALY -0.8%YETI +2.1%
Free cash flow
CALY FY2018: $55.5MCALY FY2019: $31.8MCALY FY2020: $189MCALY FY2021: -$44MCALY FY2022: -$567.4MCALY FY2023: $314.7MCALY FY2024: $333.3MCALY FY2025: $302.2MYETI FY2018: $155.2MYETI FY2019: $54.8MYETI FY2020: $350.9MYETI FY2021: $90.4MYETI FY2022: $55MYETI FY2023: $235.3MYETI FY2024: $219.6MYETI FY2025: $212.1MFY18FY19FY20FY21FY22FY23FY24FY25
CALY $302.2MYETI $212.1M

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

Questions about Callaway Golf and YETI

Which is bigger by revenue, Callaway Golf or YETI?

Callaway Golf is bigger by revenue: $2.1B in fiscal 2025, against $1.9B for YETI in fiscal 2025.

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

Callaway Golf had a net margin of -19.9% in fiscal 2025; YETI had 8.9% in fiscal 2025.

Which grew revenue faster, Callaway Golf or YETI?

In their latest fiscal years revenue changed by -0.8% at Callaway Golf and +2.1% at YETI.

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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