Under Armour Inc C (UA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,630,960 | 4,494,590 | 4,860,510 | 4,760,730 | 5,044,510 | 4,746,550 | 4,867,160 | 4,827,550 | 4,827,560 | 4,770,070 | 4,605,800 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 | 4,837,580 | 4,843,530 |
| Operating ROA | -2.52% | -1.31% | -1.90% | 4.83% | 5.21% | 5.92% | 5.36% | 5.65% | 6.83% | 8.64% | 8.99% | 9.74% | 9.46% | 7.03% | 1.05% | -12.19% | -12.24% | -10.29% | -7.37% | 4.89% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-116,693K ÷ $4,630,960K
= -2.52%
The operating return on assets (operating ROA) for Under Armour Inc C has shown fluctuations over the given period. The trend reveals that the company experienced a decline in operating ROA from March 2020 to December 2020, indicating decreasing efficiency in generating operating income relative to its total assets during this period.
However, from March 2021 onwards, there has been a consistent improvement in the operating ROA, reaching a peak of 9.74% by December 2021. This upward trend continued until September 2022, with the company achieving operating ROA above 8% for several quarters.
Subsequently, there was a slight decline in operating ROA from December 2022 to June 2024, with negative values recorded in June and September 2024. This suggests that the company faced challenges in effectively utilizing its assets to generate operating income during these quarters.
Overall, the analysis of Under Armour Inc C's operating ROA indicates a mix of performance levels over the reviewed period, with periods of improvement and decline. It would be important for stakeholders to closely monitor the company's operating efficiency and asset utilization in future quarters to assess its financial health and operational effectiveness.
Peer comparison
Dec 31, 2024