vs

Side-by-side financial comparison of Acushnet Holdings Corp. (GOLF) and PITNEY BOWES INC (PBI). Click either name above to swap in a different company.

PITNEY BOWES INC is the larger business by last-quarter revenue ($477.6M vs $477.2M, roughly 1.0× Acushnet Holdings Corp.). PITNEY BOWES INC runs the higher net margin — 5.7% vs -7.3%, a 13.0% gap on every dollar of revenue. On growth, Acushnet Holdings Corp. posted the faster year-over-year revenue change (7.2% vs -7.5%). PITNEY BOWES INC produced more free cash flow last quarter ($201.4M vs $-23.3M). Over the past eight quarters, PITNEY BOWES INC's revenue compounded faster (-4.3% 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.

Pitney Bowes is a global technology and logistics company that provides e-commerce shipping, mailing processing, order fulfillment, and customer information management solutions. It serves small, medium, and large enterprise clients across retail, financial services, healthcare, and government sectors worldwide, helping businesses optimize logistics and customer engagement workflows.

GOLF vs PBI — Head-to-Head

Bigger by revenue
PBI
PBI
1.0× larger
PBI
$477.6M
$477.2M
GOLF
Growing faster (revenue YoY)
GOLF
GOLF
+14.7% gap
GOLF
7.2%
-7.5%
PBI
Higher net margin
PBI
PBI
13.0% more per $
PBI
5.7%
-7.3%
GOLF
More free cash flow
PBI
PBI
$224.8M more FCF
PBI
$201.4M
$-23.3M
GOLF
Faster 2-yr revenue CAGR
PBI
PBI
Annualised
PBI
-4.3%
-17.9%
GOLF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOLF
GOLF
PBI
PBI
Revenue
$477.2M
$477.6M
Net Profit
$-34.9M
$27.3M
Gross Margin
44.1%
Operating Margin
-3.8%
8.0%
Net Margin
-7.3%
5.7%
Revenue YoY
7.2%
-7.5%
Net Profit YoY
-3027.3%
173.1%
EPS (diluted)
$-0.57
$0.18

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
PBI
PBI
Q4 25
$477.2M
$477.6M
Q3 25
$657.7M
$459.7M
Q2 25
$720.5M
$461.9M
Q1 25
$703.4M
$493.4M
Q4 24
$445.2M
$516.1M
Q3 24
$620.5M
$499.5M
Q2 24
$683.9M
$489.7M
Q1 24
$707.6M
$521.3M
Net Profit
GOLF
GOLF
PBI
PBI
Q4 25
$-34.9M
$27.3M
Q3 25
$48.5M
$52.0M
Q2 25
$75.6M
$30.0M
Q1 25
$99.4M
$35.4M
Q4 24
$-1.1M
$-37.4M
Q3 24
$56.2M
$-138.5M
Q2 24
$71.4M
$-24.9M
Q1 24
$87.8M
$-2.9M
Gross Margin
GOLF
GOLF
PBI
PBI
Q4 25
44.1%
Q3 25
48.5%
Q2 25
49.2%
Q1 25
47.9%
Q4 24
22.6%
53.8%
Q3 24
54.4%
52.4%
Q2 24
54.4%
51.1%
Q1 24
53.4%
52.3%
Operating Margin
GOLF
GOLF
PBI
PBI
Q4 25
-3.8%
8.0%
Q3 25
14.1%
14.8%
Q2 25
15.2%
8.5%
Q1 25
16.3%
9.5%
Q4 24
-1.2%
-9.3%
Q3 24
13.2%
-8.8%
Q2 24
15.5%
-1.6%
Q1 24
17.2%
9.1%
Net Margin
GOLF
GOLF
PBI
PBI
Q4 25
-7.3%
5.7%
Q3 25
7.4%
11.3%
Q2 25
10.5%
6.5%
Q1 25
14.1%
7.2%
Q4 24
-0.3%
-7.2%
Q3 24
9.1%
-27.7%
Q2 24
10.4%
-5.1%
Q1 24
12.4%
-0.6%
EPS (diluted)
GOLF
GOLF
PBI
PBI
Q4 25
$-0.57
$0.18
Q3 25
$0.81
$0.30
Q2 25
$1.25
$0.17
Q1 25
$1.62
$0.19
Q4 24
$0.02
$-0.21
Q3 24
$0.89
$-0.75
Q2 24
$1.11
$-0.14
Q1 24
$1.35
$-0.02

Balance Sheet & Financial Strength

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

Metric
GOLF
GOLF
PBI
PBI
Cash + ST InvestmentsLiquidity on hand
$297.1M
Total DebtLower is stronger
$926.2M
$2.0B
Stockholders' EquityBook value
$783.6M
$-802.4M
Total Assets
$2.3B
$3.2B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOLF
GOLF
PBI
PBI
Q4 25
$297.1M
Q3 25
$336.0M
Q2 25
$300.8M
Q1 25
$340.0M
Q4 24
$486.1M
Q3 24
$575.5M
Q2 24
$612.0M
Q1 24
$538.0M
Total Debt
GOLF
GOLF
PBI
PBI
Q4 25
$926.2M
$2.0B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$753.1M
$1.9B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
GOLF
GOLF
PBI
PBI
Q4 25
$783.6M
$-802.4M
Q3 25
$852.3M
$-661.5M
Q2 25
$808.5M
$-536.8M
Q1 25
$780.3M
$-535.9M
Q4 24
$765.2M
$-578.4M
Q3 24
$863.9M
$-518.9M
Q2 24
$863.7M
$-427.9M
Q1 24
$883.7M
$-392.4M
Total Assets
GOLF
GOLF
PBI
PBI
Q4 25
$2.3B
$3.2B
Q3 25
$2.4B
$3.3B
Q2 25
$2.4B
$3.2B
Q1 25
$2.4B
$3.3B
Q4 24
$2.2B
$3.4B
Q3 24
$2.3B
$3.6B
Q2 24
$2.3B
$4.1B
Q1 24
$2.4B
$4.1B
Debt / Equity
GOLF
GOLF
PBI
PBI
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
GOLF
GOLF
PBI
PBI
Operating Cash FlowLast quarter
$-338.0K
$221.7M
Free Cash FlowOCF − Capex
$-23.3M
$201.4M
FCF MarginFCF / Revenue
-4.9%
42.2%
Capex IntensityCapex / Revenue
4.8%
4.2%
Cash ConversionOCF / Net Profit
8.11×
TTM Free Cash FlowTrailing 4 quarters
$120.0M
$317.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOLF
GOLF
PBI
PBI
Q4 25
$-338.0K
$221.7M
Q3 25
$163.1M
$66.8M
Q2 25
$151.9M
$111.4M
Q1 25
$-120.3M
$-16.7M
Q4 24
$-1.1M
$134.5M
Q3 24
$144.1M
$14.7M
Q2 24
$211.6M
$92.6M
Q1 24
$-109.5M
$-12.6M
Free Cash Flow
GOLF
GOLF
PBI
PBI
Q4 25
$-23.3M
$201.4M
Q3 25
$136.9M
$51.1M
Q2 25
$138.0M
$98.0M
Q1 25
$-131.5M
$-33.6M
Q4 24
$-33.2M
$112.3M
Q3 24
$123.7M
$-4.7M
Q2 24
$196.8M
$76.1M
Q1 24
$-116.8M
$-26.9M
FCF Margin
GOLF
GOLF
PBI
PBI
Q4 25
-4.9%
42.2%
Q3 25
20.8%
11.1%
Q2 25
19.2%
21.2%
Q1 25
-18.7%
-6.8%
Q4 24
-7.5%
21.8%
Q3 24
19.9%
-0.9%
Q2 24
28.8%
15.5%
Q1 24
-16.5%
-5.2%
Capex Intensity
GOLF
GOLF
PBI
PBI
Q4 25
4.8%
4.2%
Q3 25
4.0%
3.4%
Q2 25
1.9%
2.9%
Q1 25
1.6%
3.4%
Q4 24
7.2%
4.3%
Q3 24
3.3%
3.9%
Q2 24
2.2%
3.4%
Q1 24
1.0%
2.7%
Cash Conversion
GOLF
GOLF
PBI
PBI
Q4 25
8.11×
Q3 25
3.36×
1.29×
Q2 25
2.01×
3.72×
Q1 25
-1.21×
-0.47×
Q4 24
Q3 24
2.56×
Q2 24
2.96×
Q1 24
-1.25×

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%

PBI
PBI

Sales And Services$218.4M46%
Presort Services$159.7M33%
Financing And Other$79.0M17%
Other$20.5M4%

Related Comparisons