Under Armour Inc C (UA)

Operating profit margin

		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	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Operating income (ttm)	US$ in thousands	-116,693	-58,793	-92,400	229,751	262,867	280,949	260,886	272,946	329,515	412,088	413,883	486,290	456,005	342,511	51,632	-613,438	-595,211	-514,861	-356,669	236,770
Revenue (ttm)	US$ in thousands	5,315,920	5,400,920	5,568,570	5,701,870	5,768,270	5,863,720	5,870,930	5,903,030	6,033,630	5,997,670	5,775,320	5,683,460	5,558,030	5,445,520	4,801,630	4,474,670	4,512,120	4,508,560	4,992,650	5,267,130
Operating profit margin		-2.20%	-1.09%	-1.66%	4.03%	4.56%	4.79%	4.44%	4.62%	5.46%	6.87%	7.17%	8.56%	8.20%	6.29%	1.08%	-13.71%	-13.19%	-11.42%	-7.14%	4.50%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-116,693K ÷ $5,315,920K
= -2.20%

The operating profit margin of Under Armour Inc C has displayed fluctuations over the analyzed period. The margin started at 4.50% on December 31, 2019, and experienced a decline in the subsequent quarters, reaching a low of -13.71% on December 31, 2020. However, from March 31, 2021, there was a notable improvement, with the margin turning positive and gradually increasing to a peak of 8.56% on December 31, 2021.

Although there was a slight decrease in the operating profit margin in the following quarters, the company managed to maintain a range between 4% to 8%, indicating stability in profitability. By the end of December 31, 2024, the operating profit margin had declined to -2.20%, reflecting a decrease in profitability compared to the highs observed in earlier periods.

Overall, the operating profit margin performance of Under Armour Inc C demonstrates a mix of positive and negative trends, with efforts needed to sustain and potentially improve profitability in the future.