Under Armour Inc C (UA)

Pretax margin

Mar 31, 2024 Mar 31, 2023 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Earnings before tax but after interest (EBT) US$ in thousands 262,042 285,723 392,132 -499,790 162,163
Revenue US$ in thousands 5,701,880 5,903,160 5,683,470 4,474,670 5,267,130
Pretax margin 4.60% 4.84% 6.90% -11.17% 3.08%

March 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $262,042K ÷ $5,701,880K
= 4.60%

The pretax margin of Under Armour Inc C has fluctuated over the past five years, with a noticeable decrease in 2020 followed by a recovery in subsequent years. In particular, the pretax margin was negative in 2020 (-11.17%), indicating a loss before taxes that year. However, the company was able to improve its profitability in 2021 with a pretax margin of 6.90%. The most recent data for March 31, 2024, shows a slightly lower pretax margin of 4.60%, which suggests that the company may be facing some challenges in maintaining its profitability levels. Overall, the pretax margin trend indicates variability in the company's ability to generate profits before accounting for taxes, highlighting the need for continued monitoring of its financial performance.


Peer comparison

Mar 31, 2024