Under Armour Inc C (UA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -113,139 | -119,597 | -63,586 | -90,907 | 229,751 | 271,468 | 296,607 | 270,258 | 283,811 | 202,596 | 194,068 | 246,722 | 333,444 | 486,290 | 456,005 | 342,511 | 51,632 | -613,438 | -595,211 | -514,861 |
| 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 |
| Operating profit margin | -2.19% | -2.25% | -1.18% | -1.63% | 4.03% | 4.71% | 5.06% | 4.60% | 4.81% | 3.49% | 3.37% | 4.31% | 5.82% | 8.56% | 8.20% | 6.29% | 1.08% | -13.71% | -13.19% | -11.42% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-113,139K ÷ $5,164,300K
= -2.19%
The operating profit margin of Under Armour Inc C has experienced fluctuations over the period analyzed. From June 30, 2020, to September 30, 2021, the company consistently saw negative operating profit margins, indicating that its operating expenses exceeded its operating income during that time. However, starting from March 31, 2021, there was a notable turnaround, with the company achieving positive operating profit margins. The trend continued to improve, reaching a peak of 8.56% on December 31, 2021.
Although the operating profit margin dipped slightly from the peak in the subsequent quarters, it remained relatively stable above 3% up to June 30, 2024. However, from that point onwards, there was a decline again, and the company's operating profit margin turned negative by March 31, 2025, indicating a situation where operating expenses exceeded operating income once more.
Overall, the analysis shows that Under Armour Inc C has faced challenges in maintaining a consistently positive operating profit margin, with periods of both improvement and decline observed throughout the period under review. This fluctuation may suggest varying levels of operational efficiency and cost management practices within the company.
Peer comparison
Mar 31, 2025