Below are the financial statements of Acushnet Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,457.09a | 2,382a | 2,270.34a |
| Cost of goods sold | -1,269.36a | -1,261.96a | -1,221.65a |
| Gross profit | 1,187.73a | 1,120.04a | 1,048.69a |
| Operating expenses | — | — | — |
| Selling, general and administrative | -801.6a | -755.67a | -702.88a |
| Research and development | -67.84a | -64.84a | -56.39a |
| Intangible amortization | -14.02a | -14.22a | -7.89a |
| Income from operations | 304.26a | 285.31a | 281.53a |
| Interest expense, net | -52.64a | -41.29a | -13.27a |
| Other expense, net | -1.96a | -2.42a | -8.83a |
| Income before income taxes | 249.67a | 241.6a | 259.44a |
| Income tax expense | -47.83a | -42.99a | -54.35a |
| Net income | 201.84a | 198.61a | 205.08a |
| Less: Net loss (income) attributable to noncontrolling interests | 12.46a | -0.18a | -5.81a |
| Net income attributable to Acushnet Holdings Corp. | 214.3a | 198.43a | 199.28a |
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