Under Armour Inc C (UA)

Operating return on assets (Operating ROA)

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 -169,490 -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
Total assets US$ in thousands 4,300,870 4,630,960 4,494,590 4,860,510 4,760,730 5,044,510 4,746,550 4,867,160 4,857,080 4,827,560 4,770,070 4,605,800 4,452,830 4,991,400 4,822,300 4,871,510 4,914,300 5,030,630 4,863,550 5,003,340
Operating ROA -3.94% -2.58% -1.41% -1.87% 4.83% 5.38% 6.25% 5.55% 5.84% 4.20% 4.07% 5.36% 7.49% 9.74% 9.46% 7.03% 1.05% -12.19% -12.24% -10.29%

March 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-169,490K ÷ $4,300,870K
= -3.94%

Operating ROA is a key financial ratio that provides insight into a company's operational efficiency in generating profits from its assets. For Under Armour Inc C, the trend in operating ROA shows fluctuations over the analyzed period.

Starting at negative values in mid-2020 to mid-2021, the company's operating ROA improved significantly, turning positive in March 2021 and reaching its peak at 9.74% by the end of December 2021. This uptrend demonstrates an improvement in the company's ability to generate earnings from its operational assets.

However, from March 2022 to September 2024, the operating ROA experienced a decline, indicating possible challenges in maintaining profitability relative to the size of the company's asset base. Notably, in the last reported period of March 2025, the operating ROA data is unavailable (denoted by a dash), making it challenging to draw a conclusive analysis for that period.

Overall, the analysis of Under Armour Inc C's operating ROA suggests a mixed performance, with periods of both improvement and decline in operational efficiency. Monitoring this ratio over time can help assess the company's effectiveness in utilizing its assets to generate profits.