vs

Side-by-side financial comparison of Acushnet Holdings Corp. (GOLF) and Hilltop Holdings Inc. (HTH). Click either name above to swap in a different company.

Acushnet Holdings Corp. is the larger business by last-quarter revenue ($477.2M vs $300.5M, roughly 1.6× Hilltop Holdings Inc.). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs -7.3%, a 20.3% gap on every dollar of revenue. Over the past eight quarters, Hilltop Holdings Inc.'s revenue compounded faster (0.6% CAGR vs -17.9%).

The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.

Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.

GOLF vs HTH — Head-to-Head

Bigger by revenue
GOLF
GOLF
1.6× larger
GOLF
$477.2M
$300.5M
HTH
Higher net margin
HTH
HTH
20.3% more per $
HTH
13.0%
-7.3%
GOLF
Faster 2-yr revenue CAGR
HTH
HTH
Annualised
HTH
0.6%
-17.9%
GOLF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GOLF
GOLF
HTH
HTH
Revenue
$477.2M
$300.5M
Net Profit
$-34.9M
$39.0M
Gross Margin
44.1%
Operating Margin
-3.8%
Net Margin
-7.3%
13.0%
Revenue YoY
7.2%
Net Profit YoY
-3027.3%
-12.4%
EPS (diluted)
$-0.57
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GOLF
GOLF
HTH
HTH
Q1 26
$300.5M
Q4 25
$477.2M
$329.9M
Q3 25
$657.7M
$330.2M
Q2 25
$720.5M
$303.3M
Q1 25
$703.4M
$318.5M
Q4 24
$445.2M
$301.1M
Q3 24
$620.5M
$305.5M
Q2 24
$683.9M
$297.0M
Net Profit
GOLF
GOLF
HTH
HTH
Q1 26
$39.0M
Q4 25
$-34.9M
$41.6M
Q3 25
$48.5M
$45.8M
Q2 25
$75.6M
$36.1M
Q1 25
$99.4M
$42.1M
Q4 24
$-1.1M
$35.5M
Q3 24
$56.2M
$29.7M
Q2 24
$71.4M
$20.3M
Gross Margin
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
44.1%
Q3 25
48.5%
Q2 25
49.2%
Q1 25
47.9%
Q4 24
22.6%
Q3 24
54.4%
Q2 24
54.4%
Operating Margin
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
-3.8%
16.1%
Q3 25
14.1%
18.4%
Q2 25
15.2%
16.3%
Q1 25
16.3%
18.1%
Q4 24
-1.2%
14.7%
Q3 24
13.2%
13.9%
Q2 24
15.5%
10.0%
Net Margin
GOLF
GOLF
HTH
HTH
Q1 26
13.0%
Q4 25
-7.3%
12.6%
Q3 25
7.4%
13.9%
Q2 25
10.5%
11.9%
Q1 25
14.1%
13.2%
Q4 24
-0.3%
11.8%
Q3 24
9.1%
9.7%
Q2 24
10.4%
6.8%
EPS (diluted)
GOLF
GOLF
HTH
HTH
Q1 26
$0.64
Q4 25
$-0.57
$0.68
Q3 25
$0.81
$0.74
Q2 25
$1.25
$0.57
Q1 25
$1.62
$0.65
Q4 24
$0.02
$0.55
Q3 24
$0.89
$0.46
Q2 24
$1.11
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GOLF
GOLF
HTH
HTH
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$926.2M
$990.8M
Stockholders' EquityBook value
$783.6M
$2.2B
Total Assets
$2.3B
$15.7B
Debt / EquityLower = less leverage
1.18×
0.46×

8-quarter trend — quarters aligned by calendar period.

Total Debt
GOLF
GOLF
HTH
HTH
Q1 26
$990.8M
Q4 25
$926.2M
Q3 25
Q2 25
Q1 25
Q4 24
$753.1M
Q3 24
Q2 24
Stockholders' Equity
GOLF
GOLF
HTH
HTH
Q1 26
$2.2B
Q4 25
$783.6M
$2.2B
Q3 25
$852.3M
$2.2B
Q2 25
$808.5M
$2.2B
Q1 25
$780.3M
$2.2B
Q4 24
$765.2M
$2.2B
Q3 24
$863.9M
$2.2B
Q2 24
$863.7M
$2.1B
Total Assets
GOLF
GOLF
HTH
HTH
Q1 26
$15.7B
Q4 25
$2.3B
$15.8B
Q3 25
$2.4B
$15.6B
Q2 25
$2.4B
$15.4B
Q1 25
$2.4B
$15.8B
Q4 24
$2.2B
$16.3B
Q3 24
$2.3B
$15.9B
Q2 24
$2.3B
$15.6B
Debt / Equity
GOLF
GOLF
HTH
HTH
Q1 26
0.46×
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
0.98×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GOLF
GOLF
HTH
HTH
Operating Cash FlowLast quarter
$-338.0K
Free Cash FlowOCF − Capex
$-23.3M
FCF MarginFCF / Revenue
-4.9%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$120.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
$-338.0K
$-38.7M
Q3 25
$163.1M
$273.0M
Q2 25
$151.9M
$-234.6M
Q1 25
$-120.3M
$5.8M
Q4 24
$-1.1M
$273.9M
Q3 24
$144.1M
$515.6M
Q2 24
$211.6M
$-435.3M
Free Cash Flow
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
$-23.3M
$-55.5M
Q3 25
$136.9M
$271.0M
Q2 25
$138.0M
$-234.6M
Q1 25
$-131.5M
$5.0M
Q4 24
$-33.2M
$266.8M
Q3 24
$123.7M
$513.8M
Q2 24
$196.8M
$-437.3M
FCF Margin
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
-4.9%
-16.8%
Q3 25
20.8%
82.1%
Q2 25
19.2%
-77.4%
Q1 25
-18.7%
1.6%
Q4 24
-7.5%
88.6%
Q3 24
19.9%
168.2%
Q2 24
28.8%
-147.2%
Capex Intensity
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
4.8%
5.1%
Q3 25
4.0%
0.6%
Q2 25
1.9%
0.0%
Q1 25
1.6%
0.3%
Q4 24
7.2%
2.4%
Q3 24
3.3%
0.6%
Q2 24
2.2%
0.7%
Cash Conversion
GOLF
GOLF
HTH
HTH
Q1 26
Q4 25
-0.93×
Q3 25
3.36×
5.96×
Q2 25
2.01×
-6.50×
Q1 25
-1.21×
0.14×
Q4 24
7.71×
Q3 24
2.56×
17.36×
Q2 24
2.96×
-21.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GOLF
GOLF

Titleist Golf Equipment$293.8M62%
Footjoy Golf Wear$102.0M21%
Other$45.3M9%
Golf Gear$36.1M8%

HTH
HTH

Noninterest Income$188.4M63%
Net Interest Income$112.1M37%

Related Comparisons