vs
Side-by-side financial comparison of Acushnet Holdings Corp. (GOLF) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $477.2M, roughly 1.7× Acushnet Holdings Corp.). MSCI Inc. runs the higher net margin — 34.6% vs -7.3%, a 41.9% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 7.2%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-23.3M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% 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.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
GOLF vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $477.2M | $822.5M |
| Net Profit | $-34.9M | $284.7M |
| Gross Margin | 44.1% | — |
| Operating Margin | -3.8% | 56.4% |
| Net Margin | -7.3% | 34.6% |
| Revenue YoY | 7.2% | 10.6% |
| Net Profit YoY | -3027.3% | -6.8% |
| EPS (diluted) | $-0.57 | $3.81 |
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.
| Q4 25 | $477.2M | $822.5M | ||
| Q3 25 | $657.7M | $793.4M | ||
| Q2 25 | $720.5M | $772.7M | ||
| Q1 25 | $703.4M | $745.8M | ||
| Q4 24 | $445.2M | $743.5M | ||
| Q3 24 | $620.5M | $724.7M | ||
| Q2 24 | $683.9M | $707.9M | ||
| Q1 24 | $707.6M | $680.0M |
| Q4 25 | $-34.9M | $284.7M | ||
| Q3 25 | $48.5M | $325.4M | ||
| Q2 25 | $75.6M | $303.6M | ||
| Q1 25 | $99.4M | $288.6M | ||
| Q4 24 | $-1.1M | $305.5M | ||
| Q3 24 | $56.2M | $280.9M | ||
| Q2 24 | $71.4M | $266.8M | ||
| Q1 24 | $87.8M | $256.0M |
| 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% | — | ||
| Q1 24 | 53.4% | — |
| Q4 25 | -3.8% | 56.4% | ||
| Q3 25 | 14.1% | 56.4% | ||
| Q2 25 | 15.2% | 55.0% | ||
| Q1 25 | 16.3% | 50.6% | ||
| Q4 24 | -1.2% | 54.5% | ||
| Q3 24 | 13.2% | 55.4% | ||
| Q2 24 | 15.5% | 54.0% | ||
| Q1 24 | 17.2% | 49.9% |
| Q4 25 | -7.3% | 34.6% | ||
| Q3 25 | 7.4% | 41.0% | ||
| Q2 25 | 10.5% | 39.3% | ||
| Q1 25 | 14.1% | 38.7% | ||
| Q4 24 | -0.3% | 41.1% | ||
| Q3 24 | 9.1% | 38.8% | ||
| Q2 24 | 10.4% | 37.7% | ||
| Q1 24 | 12.4% | 37.6% |
| Q4 25 | $-0.57 | $3.81 | ||
| Q3 25 | $0.81 | $4.25 | ||
| Q2 25 | $1.25 | $3.92 | ||
| Q1 25 | $1.62 | $3.71 | ||
| Q4 24 | $0.02 | $3.89 | ||
| Q3 24 | $0.89 | $3.57 | ||
| Q2 24 | $1.11 | $3.37 | ||
| Q1 24 | $1.35 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $515.3M |
| Total DebtLower is stronger | $926.2M | $6.2B |
| Stockholders' EquityBook value | $783.6M | $-2.7B |
| Total Assets | $2.3B | $5.7B |
| Debt / EquityLower = less leverage | 1.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $515.3M | ||
| Q3 25 | — | $400.1M | ||
| Q2 25 | — | $347.3M | ||
| Q1 25 | — | $360.7M | ||
| Q4 24 | — | $409.4M | ||
| Q3 24 | — | $501.0M | ||
| Q2 24 | — | $451.4M | ||
| Q1 24 | — | $519.3M |
| Q4 25 | $926.2M | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | $753.1M | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $783.6M | $-2.7B | ||
| Q3 25 | $852.3M | $-1.9B | ||
| Q2 25 | $808.5M | $-886.2M | ||
| Q1 25 | $780.3M | $-958.6M | ||
| Q4 24 | $765.2M | $-940.0M | ||
| Q3 24 | $863.9M | $-751.0M | ||
| Q2 24 | $863.7M | $-734.5M | ||
| Q1 24 | $883.7M | $-650.5M |
| Q4 25 | $2.3B | $5.7B | ||
| Q3 25 | $2.4B | $5.4B | ||
| Q2 25 | $2.4B | $5.4B | ||
| Q1 25 | $2.4B | $5.3B | ||
| Q4 24 | $2.2B | $5.4B | ||
| Q3 24 | $2.3B | $5.4B | ||
| Q2 24 | $2.3B | $5.5B | ||
| Q1 24 | $2.4B | $5.5B |
| Q4 25 | 1.18× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.98× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-338.0K | $501.1M |
| Free Cash FlowOCF − Capex | $-23.3M | $488.7M |
| FCF MarginFCF / Revenue | -4.9% | 59.4% |
| Capex IntensityCapex / Revenue | 4.8% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $120.0M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-338.0K | $501.1M | ||
| Q3 25 | $163.1M | $449.4M | ||
| Q2 25 | $151.9M | $336.1M | ||
| Q1 25 | $-120.3M | $301.7M | ||
| Q4 24 | $-1.1M | $430.6M | ||
| Q3 24 | $144.1M | $421.6M | ||
| Q2 24 | $211.6M | $349.2M | ||
| Q1 24 | $-109.5M | $300.1M |
| Q4 25 | $-23.3M | $488.7M | ||
| Q3 25 | $136.9M | $445.5M | ||
| Q2 25 | $138.0M | $324.7M | ||
| Q1 25 | $-131.5M | $290.2M | ||
| Q4 24 | $-33.2M | $416.4M | ||
| Q3 24 | $123.7M | $415.0M | ||
| Q2 24 | $196.8M | $340.6M | ||
| Q1 24 | $-116.8M | $295.9M |
| Q4 25 | -4.9% | 59.4% | ||
| Q3 25 | 20.8% | 56.2% | ||
| Q2 25 | 19.2% | 42.0% | ||
| Q1 25 | -18.7% | 38.9% | ||
| Q4 24 | -7.5% | 56.0% | ||
| Q3 24 | 19.9% | 57.3% | ||
| Q2 24 | 28.8% | 48.1% | ||
| Q1 24 | -16.5% | 43.5% |
| Q4 25 | 4.8% | 1.5% | ||
| Q3 25 | 4.0% | 0.5% | ||
| Q2 25 | 1.9% | 1.5% | ||
| Q1 25 | 1.6% | 1.5% | ||
| Q4 24 | 7.2% | 1.9% | ||
| Q3 24 | 3.3% | 0.9% | ||
| Q2 24 | 2.2% | 1.2% | ||
| Q1 24 | 1.0% | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | 3.36× | 1.38× | ||
| Q2 25 | 2.01× | 1.11× | ||
| Q1 25 | -1.21× | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | 2.56× | 1.50× | ||
| Q2 24 | 2.96× | 1.31× | ||
| Q1 24 | -1.25× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
