In this article, we will discuss the 5 most valuable golf companies in the world. If you want to see more companies in this selection, go directly to the 15 Most Valuable Golf Companies In The World.
5. Under Armor Golf
Market Capitalization: $4.48 billion
In 1996, Under Armour, Inc. (NYSE:UA) was established as a company. On the other hand, the brand did not enter the golf market until the early 2000s, when it introduced its golf gear line.
When Jordan Spieth, then 19 years old, was signed by the division in 2013, it was a turning point for the division. When Spieth was signed by Under Armour, Inc. (NYSE:UA), the golf business enjoyed a threefold increase in revenue during the first year of the partnership. In spite of the fact that the player was not a very well-known figure on the PGA Tour at the time, Under Armour, Inc. (NYSE:UA) has extended the agreement from 2025 to 2029, indicating that it has undoubtedly been helpful. Outerwear, shirts, shorts, trousers and accessories for men, women and children are all included in the golf line that includes products from this brand. A total of $5.7 billion in annual sales was generated by Under Armour, Inc. (NYSE:UA) in the year 2021.
4. Cobra-Puma Golf
Market Capitalization: $9.32 billion
At its headquarters in Carlsbad, California, Cobra-Puma Golf is a manufacturer of cutting-edge golf equipment. In addition to that, the corporation is also present in the golf apparel, footwear, and accessories markets.
An Australian golfer named Thomas Crow established Cobra Golf in 1973. He was the company’s founder. Puma SE (ETR:PUM), a German manufacturer of sportswear, purchased the company in 2010 with the intention of expanding the Puma Golf line of apparel, footwear, and accessories that had been developed in 2005. Recently, long-drive champions Kyle Berkshire and Gary Woodland have given their support to the golf company Cobra-Puma Golf. The business is widely regarded as the innovator behind the world-famous Baffler fairway wood technology, which revolutionised the method in which golfers approach long shots.
3. Adidas Golf
Market Capitalization: $63.94 billion
Designed and manufactured by adidas AG (ETR:ADS), a German multinational firm that specialises in the production of athletic apparel and accessories, Adidas Golf is a subsidiary of the company.
During the year 2003, the golf section of the company was founded, with the primary objective of manufacturing golfing equipment and apparel of superior quality for players of varying levels of expertise. There is a diverse selection of products available from Adidas Golf, which includes golf shoes, clubs, gloves, clothing, and accessories from the brand. As a result of the brand’s dedication to both innovation and quality, it has emerged as one of the most prominent names in the golf business. Professional golfers and amateur players alike have begun to place their trust in the brand. It is interesting to note that in 2017, KPS Capital Partners purchased TaylorMade Golf from Adidas Golf for a total price of $425 million.
2. Mizuno Golf
Market Capitalization: $74.79 billion
Mizuno Golf is a subsidiary of Mizuno Corporation, which is headquartered in Tokyo, Japan (TYO:8022). 1933 marked the year that the company produced its first piece of golf equipment. The 1970s marked the beginning of Mizuno’s exportation of its golf clubs to Europe, which allowed the firm to gain extensive popularity across the globe.
In spite of the fact that computer-aided design (CAD) has become increasingly popular in the production of irons, the firm has increased its focus on its Grain Flow Forging technique. This is because the company believed that the method was more efficient in producing precise club heads, which in turn boosted performance on the golf course. The JPX and MP series irons, as well as the ST and GT driver lines, are one of the most popular lines of golf equipment manufactured by Mizuno, which is known for producing high-quality golf equipment. In addition, the company provides a wide variety of additional golf equipment, including putters, wedges, hybrids, and putters, as well as golf bags, gear, and accessories at competitive prices.
1. NIKE Golf
Market Capitalization: $194.53 billion
NIKE Golf is a product subsidiary of NIKE, Inc. (NYSE:NKE), a company that manufactures footwear, apparel, accessories, and equipment for sports and lifestyle activities. the company is headquartered in Beaverton, Oregon.
At the end of 2017, Nike Golf made the decision to withdraw from the golf equipment manufacturing business. Instead, the company chose to maintain its concentration on golf footwear, clothing, and accessories, which are in line with the core operations of NIKE, Inc. (NYSE:NKE). Despite the fact that it is one of the smaller divisions of the firm, experts believe that this division is responsible for generating a significant amount of money for the organisation. The company has received considerable attention during the most important events, and it has received endorsements from distinguished professionals. During the fiscal year 21 (FY21), the top line for NIKE, Inc. (NYSE:NKE) was $44.5 billion. The organisation does not publish the amount of revenue that is made by the golf division.NIKE, Inc. (NYSE:NKE) is the company that provides the most athletic footwear and gear to consumers all over the world. Nike celebrated its 50th anniversary this year, having begun as a “crazy idea” in a Stanford business class by Phil Knight. The company’s humble roots can be traced back there. The brand is as powerful as it has ever been, and it continues to create attractive growth, which will shortly top $50 billion in annual revenue. This is all down to the fact that it has remained faithful to its innovative culture. Over the course of the past few years, Nike has made significant expenditures in order to establish a foundation for multi-channel commerce. These efforts are in addition to the ongoing investments that are made in brand innovation and marketing. At the present time, around forty percent of Nike’s total revenue is generated through the company’s online channel and branded stores. Nike’s continued expenditures are expected to further move their overall revenue mix towards the direct-to-consumer channel, which we believe will result in meaningful margin improvement over the next three to five years. This is made possible by CEO John Donahoe’s “Nike Consumer Direct Offence,” which is the driving force behind Nike’s ongoing investments.
Despite the fact that Nike’s business in China, which accounts for around twenty percent of the company’s income, is currently facing difficulties, our research indicates that preference for the Nike brand among consumers in countries other than the United States continues to be extremely strong. In general, we anticipate that Nike’s broader ecosystem, which is frequently referred to as the Nike Marketplace, will continue to capitalise on the company’s innovation and outstanding brand in order to cultivate direct customer interactions that will deepen Nike’s competitive moat and improve the company’s financial profile. We were able to establish a position in Nike at an appealing discount to our evaluation of the company’s long-term potential as a result of both the turmoil that occurred in the Chinese market and the concerns that were raised regarding consumer spending in the United States and Europe.