Under Armour Inc C (UA)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -127,247 | 229,751 | 229,751 | 263,586 | 283,811 |
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,760,730 | 4,857,080 | 4,857,080 |
| Operating ROA | -2.96% | 4.83% | 4.83% | 5.43% | 5.84% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $-127,247K ÷ $4,300,870K
= -2.96%
The operating return on assets (operating ROA) of Under Armour Inc C has shown fluctuations over the period analyzed. As of December 31, 2022, the operating ROA stood at 5.84%, indicating the company generated 5.84 cents of operating income for each dollar of assets. Subsequently, the operating ROA decreased to 5.43% on March 31, 2023, and further declined to 4.83% on both December 31, 2023, and March 31, 2024.
However, there was a significant negative deviation in the operating ROA as of March 31, 2025, where the ratio dropped to -2.96%. This negative value suggests that the company's operating income was insufficient to cover the asset base during that period. It is essential for Under Armour Inc C to address this downward trend in operating ROA to ensure efficient utilization of assets and maximize profitability.
Peer comparison
Mar 31, 2025