Under Armour Inc C (UA)
Gross profit margin
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
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Gross profit (ttm) | US$ in thousands | 2,474,744 | 2,523,303 | 2,529,329 | 2,585,192 | 2,630,253 | 2,637,816 | 2,665,040 | 2,626,879 | 2,649,340 | 2,647,600 | 2,725,128 | 2,799,398 | 2,838,022 | 2,861,499 | 2,779,188 | 2,677,404 | 2,357,752 | 2,160,095 | 2,148,000 | 2,151,578 |
Revenue (ttm) | US$ in thousands | 5,164,300 | 5,315,780 | 5,400,840 | 5,568,530 | 5,701,880 | 5,768,730 | 5,864,410 | 5,871,580 | 5,903,630 | 5,805,660 | 5,753,080 | 5,724,730 | 5,727,200 | 5,683,460 | 5,558,030 | 5,445,520 | 4,801,630 | 4,474,670 | 4,512,120 | 4,508,560 |
Gross profit margin | 47.92% | 47.47% | 46.83% | 46.43% | 46.13% | 45.73% | 45.44% | 44.74% | 44.88% | 45.60% | 47.37% | 48.90% | 49.55% | 50.35% | 50.00% | 49.17% | 49.10% | 48.27% | 47.61% | 47.72% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,474,744K ÷ $5,164,300K
= 47.92%
The gross profit margin of Under Armour Inc C has shown fluctuations over the stated periods. It stood at 47.72% as of June 30, 2020, and displayed a slight decrease to 47.61% by September 30, 2020. However, the margin improved to 48.27% by December 31, 2020, and continued to increase steadily, reaching its peak at 50.35% on December 31, 2021.
Subsequently, there was a slight decline in the gross profit margin to 45.60% by December 31, 2022. The margin continued to fluctuate within a range in the following periods, with a notable drop to 37.26% as of March 31, 2025.
Overall, the trend of the gross profit margin has been relatively positive, with periods of both increases and decreases. It is essential for the company to assess the reasons behind the fluctuations in the gross profit margin to maintain profitability and financial health.
Peer comparison
Mar 31, 2025