Acushnet
GOLF · Leisure Products
$81.31
0.8%Peloton Interactive
PTON · Leisure Products
$5.37
1.6%The short version
- Acushnet is the larger business, with $2.6B of revenue in fiscal 2025 against $2.4B for Peloton Interactive.
- Acushnet grew revenue faster (4.1%, against −1.8%).
- Acushnet kept more of each dollar of sales as operating profit (11.7% operating margin, against 6.6% operating margin).
- Peloton Interactive turned more of its sales into free cash flow (15.4% FCF margin, against 4.7% FCF margin).
- Investors pay more for each dollar of Peloton Interactive’s earnings: a P/E of 38.4x against 22.1x for Acushnet.
| Latest fiscal year | GOLF · FY25 | PTON · FY26 |
|---|---|---|
| Size | ||
| Market cap | $4.9B | $2.3B |
| Revenue | $2.6B | $2.4B |
| Free cash flow | $120M | $378M |
| Net income | $189M | $63.2M |
| Growth | ||
| Revenue growth | 4.1% | −1.8% |
| 5-year growth | 9.7% | −9.5% |
| Share count change | −4.8% | 11.8% |
| Profitability | ||
| Gross margin | 47.7% | 52.6% |
| Operating margin | 11.7% | 6.6% |
| Net margin | 7.4% | 2.6% |
| FCF margin | 4.7% | 15.4% |
| Return on capital | 14.7% | — |
| Return on equity | 24.4% | — |
| Balance sheet | ||
| Net debt | $901M | $123M |
| Net debt / EBITDA | 2.5x | 0.6x |
| Dividends and buybacks | $268M | $0.0M |
| Valuation & quality | ||
| P/E | 22.1x | 38.4x |
| Piotroski F-score | 6 | 8 |
FY17
GOLF $1.6B
PTON —
FY18
GOLF $1.6B
PTON $435M
FY19
GOLF $1.7B
PTON $915M
FY20
GOLF $1.6B
PTON $1.8B
FY21
GOLF $2.1B
PTON $4.0B
FY22
GOLF $2.3B
PTON $3.6B
FY23
GOLF $2.4B
PTON $2.8B
FY24
GOLF $2.5B
PTON $2.7B
FY25
GOLF $2.6B
PTON $2.5B
FY26
GOLF —
PTON $2.4B
GOLF
PTON
FY17
GOLF 10.9%
PTON —
FY18
GOLF 10.6%
PTON −10.9%
FY19
GOLF 11.0%
PTON −22.1%
FY20
GOLF 9.0%
PTON −4.4%
FY21
GOLF 12.1%
PTON −4.7%
FY22
GOLF 12.4%
PTON −76.3%
FY23
GOLF 12.0%
PTON −42.8%
FY24
GOLF 12.4%
PTON −19.6%
FY25
GOLF 11.7%
PTON −1.5%
FY26
GOLF —
PTON 6.6%
GOLF
PTON
FY17
GOLF −$45.9M
PTON —
FY18
GOLF $131M
PTON $21.7M
FY19
GOLF $101M
PTON −$192M
FY20
GOLF $240M
PTON $223M
FY21
GOLF $277M
PTON −$481M
FY22
GOLF −$129M
PTON −$2.4B
FY23
GOLF $296M
PTON −$470M
FY24
GOLF $170M
PTON −$85.8M
FY25
GOLF $120M
PTON $324M
FY26
GOLF —
PTON $378M
GOLF
PTON
FY17
GOLF 9.7%
PTON —
FY18
GOLF 9.3%
PTON —
FY19
GOLF 10.8%
PTON —
FY20
GOLF 10.2%
PTON —
FY21
GOLF 16.7%
PTON −33.0%
FY22
GOLF 17.1%
PTON −363.7%
FY23
GOLF 15.5%
PTON —
FY24
GOLF 16.1%
PTON —
FY25
GOLF 14.7%
PTON —
FY26
GOLF —
PTON —
GOLF
PTON
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.