Topgolf Callaway Brands Corp. (MODG) - Dilution Analysis

Visualizing historical and potential share dilution over time

View Stock Details

Chase Ink Business Preferred®

Earn Up to 150K Bonus Points

Transfer points to 14+ airline & hotel partners. Up to 40% upgrade value on first class travel. $95/yr.

Apply Now

Dilution Analysis

Low Risk

Limited dilution potential

Last updated: November 06, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 0.38% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

180M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

MODG currently has 184M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.38% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
Nov 06, 2025	10-Q filing \| 183.9M shares outstanding	180M
May 12, 2025	10-Q filing \| 183.5M shares outstanding	180M
Mar 03, 2025	10-K filing \| 183.7M shares outstanding	180M
Nov 12, 2024	10-Q filing \| 183.8M shares outstanding	180M
Aug 07, 2024	10-Q filing \| 183.5M shares outstanding	180M
May 08, 2024	10-Q filing \| 183.7M shares outstanding	180M
Feb 29, 2024	10-K filing \| 185.0M shares outstanding	190M
Nov 08, 2023	10-Q filing \| 185.2M shares outstanding	190M
Aug 08, 2023	10-Q filing \| 185.2M shares outstanding	190M
May 10, 2023	10-Q filing \| 185.2M shares outstanding	190M
Mar 01, 2023	10-K filing \| 184.9M shares outstanding	180M
Nov 04, 2022	10-Q filing \| 184.8M shares outstanding	180M
Aug 05, 2022	10-Q filing \| 184.7M shares outstanding	180M
May 10, 2022	10-Q filing \| 185.1M shares outstanding	190M
Mar 01, 2022	10-K filing \| 176.9M shares outstanding	180M
Nov 09, 2021	10-Q filing \| 186.0M shares outstanding	190M
Aug 09, 2021	10-Q filing \| 185.2M shares outstanding	190M
May 10, 2021	10-Q filing \| 184.7M shares outstanding	180M
Mar 01, 2021	10-K filing \| 94.2M shares outstanding	94M
Nov 09, 2020	10-Q filing \| 94.2M shares outstanding	94M
Aug 07, 2020	10-Q filing \| 94.1M shares outstanding	94M
May 11, 2020	10-Q filing \| 94.3M shares outstanding	94M
Mar 02, 2020	10-K filing \| 94.3M shares outstanding	94M

Back to MODG Details