Under Armour Inc C (UA)

Pretax margin

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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands -129,261 -17,648 -46,786 266,011 293,550 314,836 284,904 285,723 365,802 357,780 317,838 392,132 508,418 411,244 155,978 -499,789 -695,949 -599,522 -436,579 162,163
Revenue (ttm) US$ in thousands 5,315,920 5,400,920 5,568,570 5,701,870 5,768,270 5,863,720 5,870,930 5,903,030 6,033,630 5,997,670 5,775,320 5,683,460 5,558,030 5,445,520 4,801,630 4,474,670 4,512,120 4,508,560 4,992,650 5,267,130
Pretax margin -2.43% -0.33% -0.84% 4.67% 5.09% 5.37% 4.85% 4.84% 6.06% 5.97% 5.50% 6.90% 9.15% 7.55% 3.25% -11.17% -15.42% -13.30% -8.74% 3.08%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-129,261K ÷ $5,315,920K
= -2.43%

The pretax margin of Under Armour Inc C has shown fluctuations over the years. It was positive in most periods, ranging from a low of -15.42% on September 30, 2020, to a high of 9.15% on September 30, 2021. The company's profitability improved significantly from the negative margins in 2020 to positive margins in subsequent periods. However, the pretax margin declined towards the end of 2024, reaching -2.43% on December 31, 2024. Overall, while the company has shown improvement in profitability, there are some fluctuations in pretax margin that may warrant further analysis.