Under Armour Inc C (UA)
Pretax margin
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -204,762 | 262,074 | 262,074 | 287,765 | 287,765 |
| Revenue | US$ in thousands | 5,164,310 | 5,701,880 | 5,701,880 | 5,903,160 | 5,903,640 |
| Pretax margin | -3.96% | 4.60% | 4.60% | 4.87% | 4.87% |
March 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $-204,762K ÷ $5,164,310K
= -3.96%
The pretax margin of Under Armour Inc C has shown some fluctuations over the past few years. As of March 31, 2025, the pretax margin stands at -3.96%, indicating that the company's earnings before taxes are negative relative to its revenue. This may be a concerning sign for investors and stakeholders, suggesting that the company's profitability has taken a downturn.
In contrast, for the periods ending December 31, 2022, and March 31, 2023, the pretax margin was consistent at 4.87%, reflecting a stable level of profitability. However, in the subsequent periods ending December 31, 2023, and March 31, 2024, the pretax margin slightly declined to 4.60%.
Overall, the downward trend in the pretax margin from 4.87% to -3.96% raises questions about the company's ability to effectively manage costs and generate profits. It is crucial for Under Armour Inc C to closely examine its financial performance and implement strategies to improve profitability and return to a positive pretax margin in the future.
Peer comparison
Mar 31, 2025