GOLF vs YETI: Acushnet Holdings and YETI compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Acushnet Holdings is the larger company, worth $4.8B, about 1.4 times YETI.
- Acushnet Holdings grew revenue faster over the last year (+13.8% vs +8.5%).
- Acushnet Holdings keeps more of each dollar of revenue as operating profit (13.7% vs 12.2%).
- On earnings, YETI is the cheaper stock (23.7x vs 28.7x).
- Acushnet Holdings's price assumes faster free cash flow growth: about 14% a year, against 3% for YETI (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | GOLF | YETI |
|---|---|---|
| Market cap | $4.8B | $3.5B |
| Share price | $79.18 | $39.79 |
| Revenue (last fiscal year) | $2.6B | $1.9B |
| Free cash flow (last fiscal year) | $120M | $212M |
| Revenue growth, last year | +13.8% | +8.5% |
| Revenue growth per year, last 5 fiscal years | +4.5% | +7.3% |
| Operating margin | 13.7% | 12.2% |
| Net margin | 8.1% | 9.2% |
| Return on equity | 23.8% | 29.3% |
| P/E (trailing) | 28.7x | 23.7x |
| Price / free cash flow | 40.0x | 16.6x |
| EV / EBITDA | 17.0x | 12.3x |
| FCF growth the price implies | 14.1% | 2.5% |
| Dividend yield | 1.2% | — |
| Debt / equity | 1.78x | 1.14x |
| Fundamental grade | C | B |
| Superinvestors holding it | 3 | 5 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Acushnet Holdings
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $2.1B | $277M | 12.1% |
| 2022 | $2.3B | -$129M | 12.4% |
| 2023 | $2.4B | $296M | 12.0% |
| 2024 | $2.5B | $170M | 12.4% |
| 2025 | $2.6B | $120M | 11.7% |
YETI
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.4B | $90M | 19.5% |
| 2022 | $1.6B | $55M | 7.9% |
| 2023 | $1.7B | $235M | 13.6% |
| 2024 | $1.8B | $220M | 13.4% |
| 2025 | $1.9B | $212M | 11.4% |
Where the revenue comes from
Acushnet Holdings · by segments, 2025
Titleist golf equipment$1.6B66%
FootJoy Golf Wear$570M24%
Golf Gear$245M10%
YETI · by products, 2025
Drinkware$1.1B58%
Coolers & Equipment$749M40%
Other$34M2%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open GOLF in InvestinglyQuestions
Which is bigger, Acushnet Holdings or YETI?
Acushnet Holdings (GOLF), at $4.8B against $3.5B.
Is GOLF or YETI cheaper?
By trailing P/E, YETI (23.7x) is cheaper than Acushnet Holdings (28.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, GOLF or YETI?
Acushnet Holdings: revenue grew +13.8% over the last year, against +8.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.