Under Armour Inc C (UA)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 232,042 | 374,459 | 360,060 | -549,177 | 92,139 |
| Revenue | US$ in thousands | 5,701,880 | 5,903,160 | 5,683,470 | 4,474,670 | 5,267,130 |
| Net profit margin | 4.07% | 6.34% | 6.34% | -12.27% | 1.75% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $232,042K ÷ $5,701,880K
= 4.07%
The net profit margin of Under Armour Inc C has varied over the past five years. The company's net profit margin was notably negative in December 2020, indicating that the company incurred a significant loss relative to its revenue during that period. However, in subsequent years, there was an improvement in profitability as evidenced by positive net profit margins.
In March 2023, the net profit margin stood at 6.34%, which was maintained in March 2024 as well. This suggests that the company was able to effectively manage its expenses and generate a reasonable level of profit relative to its revenue during these periods.
Overall, the fluctuation in net profit margin indicates some volatility in the company's profitability in recent years, with efforts to improve profitability evident in the positive net profit margins achieved in 2023 and 2024. Monitoring the net profit margin going forward will be crucial in assessing the company's financial performance and profitability.
Peer comparison
Mar 31, 2024