Topgolf Callaway Brands Corp. MODG NYSE

Topgolf Callaway Brands Corp. (MODG) generated $219.7M in operating cash flow for fiscal year 2025. After capital expenditures of $31.8M, free cash flow was $187.9M.

Free cash flow margin was 9.1% of revenue. Cash conversion ratio was 5.66x, indicating earnings are backed by cash.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (52/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (30/100) — Cash conversion ratio was 5.66x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 33/100 with 0/7 criteria passed.