Under Armour Inc C (UA)

Operating profit margin

Mar 31, 2024 Mar 31, 2023 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 229,751 263,586 486,290 -613,438 236,770
Revenue US$ in thousands 5,701,880 5,903,160 5,683,470 4,474,670 5,267,130
Operating profit margin 4.03% 4.47% 8.56% -13.71% 4.50%

March 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $229,751K ÷ $5,701,880K
= 4.03%

The operating profit margin of Under Armour Inc C has shown some variability over the past five years. In March 2024, the operating profit margin was 4.03%, lower than the 4.47% reported in March 2023. This decrease indicates a decrease in the company's ability to generate profits from its core operations during this period.

Comparing the recent figures to historical data, the operating profit margin in March 2024 is significantly lower than the 8.56% reported in December 2021, which was a period of stronger profitability for the company. However, it is higher than the negative operating profit margin of -13.71% reported in December 2020, indicating a recovery from a period of operational losses.

Overall, while the operating profit margin of Under Armour Inc C has shown fluctuations, it is essential for investors and stakeholders to closely monitor the trend in this key financial metric to assess the company's operational efficiency and profitability.


Peer comparison

Mar 31, 2024