Callaway Golf annual debt-to-equity ratio
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2025
Callaway Golf Debt-to-Equity Ratio Growth & History (CALY)
Callaway Golf's debt-to-equity ratio was 0.81 for fiscal 2025.
View full Callaway Golf company overviewCallaway Golf annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.81 | −0.40 | −33.31% |
| 2024 | 2024-12-31 | 1.21 | 0.41 | +51.31% |
| 2023 | 2023-12-31 | 0.80 | −0.03 | −3.53% |
| 2022 | 2022-12-31 | 0.83 | 0.12 | +16.55% |
| 2021 | 2021-12-31 | 0.71 | −0.61 | −46.20% |
| 2020 | 2020-12-31 | 1.33 | 0.52 | +65.16% |
| 2019 | 2019-12-31 | 0.80 | 0.79 | +5939.10% |
| 2018 | 2018-12-31 | 0.01 | −0.00 | −26.93% |
| 2017 | 2017-12-31 | 0.02 | 0.02 | — |
| 2016 | 2016-12-31 | 0.00 | — | — |
| 2014 | 2014-12-31 | 0.37 | −0.01 | −1.70% |
| 2013 | 2013-12-31 | 0.38 | 0.04 | +12.81% |
| 2012 | 2012-12-31 | 0.34 | — | — |
Callaway Golf quarterly debt-to-equity ratio
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Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.13 | −0.94 | −88.11% |
| Q1 2026 | 2026-03-31 | 0.32 | −0.88 | −73.50% |
| Q4 2025 | 2025-12-31 | 0.81 | −0.40 | −33.31% |
| Q3 2025 | 2025-09-30 | 1.18 | 0.42 | +54.54% |
| Q2 2025 | 2025-06-30 | 1.06 | 0.29 | +38.14% |
| Q1 2025 | 2025-03-31 | 1.20 | 0.40 | +50.42% |
| Q4 2024 | 2024-12-31 | 1.21 | 0.41 | +51.31% |
| Q3 2024 | 2024-09-30 | 0.76 | −0.03 | −3.34% |
| Q2 2024 | 2024-06-30 | 0.77 | −0.03 | −4.02% |
| Q1 2024 | 2024-03-31 | 0.80 | −0.09 | −10.39% |
| Q4 2023 | 2023-12-31 | 0.80 | −0.03 | −3.53% |
| Q3 2023 | 2023-09-30 | 0.79 | 0.04 | +5.90% |
| Q2 2023 | 2023-06-30 | 0.80 | 0.05 | +6.57% |
| Q1 2023 | 2023-03-31 | 0.89 | 0.11 | +14.23% |
| Q4 2022 | 2022-12-31 | 0.83 | 0.12 | +16.55% |
| Q3 2022 | 2022-09-30 | 0.75 | 0.12 | +19.33% |
| Q2 2022 | 2022-06-30 | 0.75 | 0.13 | +21.34% |
| Q1 2022 | 2022-03-31 | 0.78 | 0.12 | +18.22% |
| Q4 2021 | 2021-12-31 | 0.71 | −0.61 | −46.20% |
| Q3 2021 | 2021-09-30 | 0.63 | −0.63 | −50.19% |
| Q2 2021 | 2021-06-30 | 0.62 | −0.72 | −53.86% |
| Q1 2021 | 2021-03-31 | 0.66 | −0.22 | −24.90% |
| Q4 2020 | 2020-12-31 | 1.33 | 0.52 | +65.16% |
| Q3 2020 | 2020-09-30 | 1.26 | 0.47 | +59.65% |
| Q2 2020 | 2020-06-30 | 1.34 | 0.50 | +59.29% |
| Q1 2020 | 2020-03-31 | 0.88 | 0.06 | +7.90% |
| Q4 2019 | 2019-12-31 | 0.80 | 0.79 | +5939.10% |
| Q3 2019 | 2019-09-30 | 0.79 | 0.77 | +5702.45% |
| Q2 2019 | 2019-06-30 | 0.84 | 0.83 | +5723.67% |
| Q1 2019 | 2019-03-31 | 0.81 | 0.80 | +4858.27% |
| Q4 2018 | 2018-12-31 | 0.01 | −0.00 | −26.93% |
| Q3 2018 | 2018-09-30 | 0.01 | 0.01 | — |
| Q2 2018 | 2018-06-30 | 0.01 | 0.01 | — |
| Q1 2018 | 2018-03-31 | 0.02 | 0.02 | — |
| Q4 2017 | 2017-12-31 | 0.02 | 0.02 | — |
| Q3 2017 | 2017-09-30 | 0.00 | — | — |
| Q2 2017 | 2017-06-30 | 0.00 | — | — |
| Q1 2017 | 2017-03-31 | 0.00 | — | — |
| Q4 2016 | 2016-12-31 | 0.00 | — | — |
| Q3 2015 | 2015-09-30 | 0.06 | −0.25 | −79.86% |
| Q2 2015 | 2015-06-30 | 0.32 | 0.01 | +2.95% |
| Q1 2015 | 2015-03-31 | 0.34 | 0.02 | +6.29% |
| Q4 2014 | 2014-12-31 | 0.37 | −0.01 | −1.70% |
| Q3 2014 | 2014-09-30 | 0.32 | −0.00 | −0.94% |
| Q2 2014 | 2014-06-30 | 0.31 | 0.01 | +1.89% |
| Q1 2014 | 2014-03-31 | 0.32 | 0.01 | +3.41% |
| Q4 2013 | 2013-12-31 | 0.38 | 0.04 | +12.81% |
| Q3 2013 | 2013-09-30 | 0.32 | 0.05 | +18.19% |
| Q2 2013 | 2013-06-30 | 0.30 | — | — |
| Q1 2013 | 2013-03-31 | 0.31 | — | — |
| Q4 2012 | 2012-12-31 | 0.34 | — | — |
| Q3 2012 | 2012-09-30 | 0.27 | — | — |
Callaway Golf debt-to-equity ratio trends
Over the last five fiscal years, Callaway Golf's debt-to-equity ratio decreased from 1.33 to 0.81, a change of −0.52. The latest reported quarter, Q2 2026, shows 0.13.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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