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
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.