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Clarus vs Acushnet: revenue, profit, margins and growth compared

Clarus brought in $250.4M of revenue in fiscal 2025, Acushnet $2.6B in fiscal 2025. Revenue changed by -5.2% at Clarus and +4.1% at Acushnet on the year before, so Acushnet grew faster. Clarus kept -18.6% of its revenue as net profit, Acushnet 7.4%. Free cash flow was -$9.9M at Clarus and $120M at Acushnet.

Side by side, latest fiscal year

CLARGOLF
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$250.4M$2.6B
Revenue growth-5.2%+4.1%
Net income-$46.6M$188.5M
Net margin-18.6%7.4%
Free cash flow-$9.9M$120M
Free cash flow margin-4.0%4.7%
Earnings per share (diluted)-$1.21$3.11
Cash$36.7M$50.1M
Debt$0$933.4M
Price to earningsn/a26.7
Market value$137.1M$4.8B
Dividend yield2.79%1.13%
Rank by revenue in sector#633 of 778 · Consumer discretionary#317 of 778 · Consumer discretionary

Over the years

Revenue
CLAR FY2018: $212.1MCLAR FY2019: $229.4MCLAR FY2020: $224MCLAR FY2021: $266MCLAR FY2022: $315.3MCLAR FY2023: $286MCLAR FY2024: $264.3MCLAR FY2025: $250.4MGOLF FY2018: $1.6BGOLF FY2019: $1.7BGOLF FY2020: $1.6BGOLF FY2021: $2.1BGOLF FY2022: $2.3BGOLF FY2023: $2.4BGOLF FY2024: $2.5BGOLF FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
CLAR $250.4MGOLF $2.6B
Net income
CLAR FY2018: $7.3MCLAR FY2019: $19MCLAR FY2020: $5.5MCLAR FY2021: $26.1MCLAR FY2022: -$69.8MCLAR FY2023: -$10.1MCLAR FY2024: -$52.3MCLAR FY2025: -$46.6MGOLF FY2018: $99.9MGOLF FY2019: $121.1MGOLF FY2020: $96MGOLF FY2021: $178.9MGOLF FY2022: $199.3MGOLF FY2023: $198.4MGOLF FY2024: $214.3MGOLF FY2025: $188.5MFY18FY19FY20FY21FY22FY23FY24FY25
CLAR -$46.6MGOLF $188.5M
Net margin
CLAR FY2018: 3.4%CLAR FY2019: 8.3%CLAR FY2020: 2.5%CLAR FY2021: 9.8%CLAR FY2022: -22.1%CLAR FY2023: -3.5%CLAR FY2024: -19.8%CLAR FY2025: -18.6%GOLF FY2018: 6.1%GOLF FY2019: 7.2%GOLF FY2020: 6.0%GOLF FY2021: 8.3%GOLF FY2022: 8.8%GOLF FY2023: 8.3%GOLF FY2024: 8.7%GOLF FY2025: 7.4%FY18FY19FY20FY21FY22FY23FY24FY25
CLAR -18.6%GOLF 7.4%
Revenue growth
CLAR FY2019: +8.2%CLAR FY2020: -2.4%CLAR FY2021: +18.7%CLAR FY2022: +18.5%CLAR FY2023: -9.3%CLAR FY2024: -7.6%CLAR FY2025: -5.2%GOLF FY2019: +2.9%GOLF FY2020: -4.1%GOLF FY2021: +33.2%GOLF FY2022: +5.7%GOLF FY2023: +4.9%GOLF FY2024: +3.2%GOLF FY2025: +4.1%FY19FY20FY21FY22FY23FY24FY25
CLAR -5.2%GOLF +4.1%
Free cash flow
CLAR FY2018: $8MCLAR FY2019: $5.4MCLAR FY2020: $24MCLAR FY2021: -$17.7MCLAR FY2022: $6.4MCLAR FY2023: $26.2MCLAR FY2024: -$14MCLAR FY2025: -$9.9MGOLF FY2018: $130.9MGOLF FY2019: $101.3MGOLF FY2020: $239.8MGOLF FY2021: $276.5MGOLF FY2022: -$129.2MGOLF FY2023: $296.5MGOLF FY2024: $170.5MGOLF FY2025: $120MFY18FY19FY20FY21FY22FY23FY24FY25
CLAR -$9.9MGOLF $120M

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

Questions about Clarus and Acushnet

Which is bigger by revenue, Clarus or Acushnet?

Acushnet is bigger by revenue: $2.6B in fiscal 2025, against $250.4M for Clarus in fiscal 2025.

Which keeps more of its revenue as profit, Clarus or Acushnet?

Clarus had a net margin of -18.6% in fiscal 2025; Acushnet had 7.4% in fiscal 2025.

Which grew revenue faster, Clarus or Acushnet?

In their latest fiscal years revenue changed by -5.2% at Clarus and +4.1% at Acushnet.

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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