Acushnet (NYSE:GOLF) Releases Earnings Results, Misses Estimates By $0.31 EPS

Posted by Kyle Jackson on Feb 28th, 2026

Acushnet (NYSE:GOLF – Get Free Report) released its earnings results on Thursday. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.31), FiscalAI reports. Acushnet had a net margin of 7.37% and a return on equity of 25.26%. The company had revenue of $477.22 million during the quarter, compared to analyst estimates of $453.59 million. During the same period in the previous year, the firm posted ($0.02) EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis.

Here are the key takeaways from Acushnet’s conference call:

Full-year 2025 net sales were $2.56 billion (up 4%) with adjusted EBITDA of $410 million (up 1.5%); Q4 sales rose 7% but Q4 adjusted EBITDA fell to $9.8 million from $12.4 million a year ago.
Titleist Golf Equipment showed strong momentum—golf ball sales (including Pro V1 and AIM) and clubs (T‑Series irons, SM10 wedges) drove growth, management accelerated a new driver launch to June and is expanding capacity for cast urethane balls and custom club assembly.
2026 guidance calls for reported net sales of $2.625–$2.675 billion (constant currency +2.5–4.5%) and adjusted EBITDA of $415–$435 million (~16% margin), with management expecting free cash flow to improve and planning higher CapEx (~$95M) to support production scale-up.
Tariffs remain a material headwind—management attributed roughly $30 million of incremental tariff costs in 2025 and assumes about $70 million of tariffs for 2026 while legal/timing outcomes from recent rulings remain uncertain.
Capital returns and balance-sheet moves: Acushnet returned $268 million in 2025 (including ~$212M buybacks), the board raised the quarterly dividend 8.5% to $0.255 per share, and management refinanced debt while keeping net leverage around 2.2x (target ≤2.25x).

Acushnet Price Performance

Acushnet stock traded down $0.72 during mid-day trading on Friday, hitting $102.36. 457,458 shares of the company were exchanged, compared to its average volume of 359,763. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.42 and a quick ratio of 1.30. Acushnet has a 12-month low of $55.31 and a 12-month high of $104.81. The business’s 50 day simple moving average is $93.04 and its two-hundred day simple moving average is $84.14. The company has a market capitalization of $6.00 billion, a P/E ratio of 33.02 and a beta of 0.89.

Acushnet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given a dividend of $0.255 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Acushnet’s previous quarterly dividend of $0.24. This represents a $1.02 annualized dividend and a yield of 1.0%. Acushnet’s dividend payout ratio (DPR) is 30.32%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on GOLF shares. UBS Group set a $100.00 price objective on Acushnet in a report on Thursday. JPMorgan Chase & Co. upgraded Acushnet from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $74.00 to $96.00 in a research report on Friday, January 23rd. KeyCorp reissued a “sector weight” rating on shares of Acushnet in a report on Friday, January 16th. Truist Financial increased their price target on shares of Acushnet from $74.00 to $95.00 and gave the company a “hold” rating in a report on Monday, February 9th. Finally, Roth Mkm reiterated a “neutral” rating and issued a $80.00 price objective on shares of Acushnet in a research note on Thursday, November 6th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Acushnet has a consensus rating of “Hold” and a consensus target price of $89.57.

Get Our Latest Stock Report on GOLF

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GOLF. Brown Brothers Harriman & Co. lifted its holdings in shares of Acushnet by 389.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 328 shares of the company’s stock worth $26,000 after acquiring an additional 261 shares during the period. Kelleher Financial Advisors purchased a new position in Acushnet during the third quarter worth approximately $28,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Acushnet by 149.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 492 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Acushnet by 416.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 635 shares of the company’s stock valued at $50,000 after purchasing an additional 512 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd grew its stake in shares of Acushnet by 10,666.7% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 969 shares of the company’s stock valued at $77,000 after buying an additional 960 shares during the period. 53.12% of the stock is currently owned by institutional investors and hedge funds.

Acushnet News Roundup

Here are the key news stories impacting Acushnet this week:

Positive Sentiment: Raised quarterly dividend 8.5% to $0.255 per share (annualized yield ≈1.0%), signaling confidence in cash flow and returning capital to shareholders. Acushnet Holdings Raises Quarterly Dividend by 8.5%
Positive Sentiment: Revenue beat in Q4 — $477.2M vs. ~ $453.6M expected and +7.2% YoY; Titleist brand sales showed strength (reported ~7% Q4 growth), supporting top‑line momentum. Acushnet Holdings Corp. Announces Full Year and Fourth Quarter 2025 Financial Results
Neutral Sentiment: Management set FY‑2026 revenue target of $2.625B–$2.675B and said it is accelerating product launches and expanding capacity — revenue guidance is roughly in line with consensus but execution will matter. Acushnet outlines $2.625B–$2.675B sales target for 2026 as company accelerates product launches and expands capacity
Neutral Sentiment: Full earnings materials and call transcript are available for investors reviewing margin drivers and channel trends — useful for modeling near‑term profitability. Acushnet Holdings Corp. (GOLF) Q4 2025 Earnings Call Transcript
Negative Sentiment: Big EPS miss: reported loss of $0.58 vs. consensus ~($0.27), wider than prior year, which pressures near‑term outlook and valuation multiples despite the revenue beat. Acushnet (GOLF) Reports Q4 Loss, Tops Revenue Estimates
Negative Sentiment: Management did not provide clear EPS guidance (EPS figure in update was omitted), creating uncertainty for earnings forecasts and likely contributing to the share weakness. (See company results and investor presentation for details.) Acushnet earnings materials and transcript

Acushnet Company Profile

(Get Free Report)

Acushnet Holdings Corp., traded on the NYSE under the symbol GOLF, is a leading designer, manufacturer and marketer of golf equipment, footwear, apparel and accessories. The company’s portfolio encompasses a range of golf lifestyle products, with a focus on innovation, performance and quality for players of all skill levels.

At the core of Acushnet’s product lineup is the Titleist brand, globally recognized for its Tour-level golf balls and precision-engineered clubs. FootJoy offers golf shoes, gloves and apparel that blend comfort, style and technical performance, while Scotty Cameron putters and Vokey design wedges cater to players seeking exacting standards in feel and accuracy.