Callaway Golf vs Mattel
Mattel reported revenue of $5.3 billion in fiscal 2025, 2.6 times Callaway Golf's $2.1 billion in fiscal 2025. Callaway Golf's revenue fell 0.8% in its latest year, and Mattel's fell 0.6%. Callaway Golf had an operating margin of 6.2%, against 10.2% at Mattel. Free cash flow was $302 million at Callaway Golf and $483 million at Mattel.
Side by side
| Callaway Golf | Mattel | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.1B | $5.3B |
| Revenue growth | −0.8% | −0.6% |
| Revenue growth a year, last 5 years | 5.3% | 3.1% |
| Gross margin | 42.1% | 48.7% |
| Operating margin | 6.2% | 10.2% |
| Net margin | −19.9% | 7.4% |
| Free cash flow | $302M | $483M |
| Free cash flow margin | 14.7% | 9.0% |
| Return on capital | 2.1% | 13.5% |
| Net debt to EBITDA | 3.2x | 1.5x |
| Dividends and buybacks | $4M | $600M |
| Change in diluted share count | −6.8% | −6.3% |
| Last close | $14.26 | $15.82 |
| P/E at the last close | — | 11.6× |
| Insider trades, last 12 months | sold $151.6 million | bought $1.0 million, sold $587,027 |
| Piotroski F-score | 5 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Callaway GolfMattel
Operating margin
Percent of revenue
Callaway GolfMattel
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Callaway GolfMattel
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Callaway Golf and Mattel pages.