Under Armour Inc C (UA)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -201,267 | 232,042 | 232,042 | 374,459 | 386,769 |
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,760,730 | 4,857,080 | 4,857,080 |
| ROA | -4.68% | 4.87% | 4.87% | 7.71% | 7.96% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $-201,267K ÷ $4,300,870K
= -4.68%
Based on the provided data, the return on assets (ROA) for Under Armour Inc C has seen fluctuations over the analyzed periods. The ROA was 7.96% as of December 31, 2022, indicating that the company generated $0.0796 in profit for every $1 of assets it possesses. It then slightly decreased to 7.71% as of March 31, 2023.
However, there was a noticeable decline in ROA by the end of December 31, 2023, with a significant drop to 4.87%. This decline was sustained in the subsequent period ending March 31, 2024, where the ROA remained at 4.87%.
The most recent data point available, as of March 31, 2025, exhibiting a negative ROA of -4.68%, reflects that the company possibly incurred a loss relative to its asset base during that period. This negative ROA suggests that the company's efficiency in generating profits from its assets has deteriorated significantly, warranting a closer examination of the factors contributing to this decline.
Overall, the trend in the ROA for Under Armour Inc C has been somewhat inconsistent, with both positive and negative fluctuations observed. This suggests potential challenges in effectively utilizing the company's assets to generate profits, necessitating a deeper analysis to identify the underlying reasons for these variations.
Peer comparison
Mar 31, 2025