Under Armour Inc C (UA)

Return on assets (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
Net income (ttm)	US$ in thousands	-127,242	-17,723	-83,394	232,042	399,834	402,151	384,365	382,037	317,334	317,708	289,990	360,060	434,857	360,359	118,257	-549,176	-748,934	-685,565	-520,019	92,139
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
ROA		-2.75%	-0.39%	-1.72%	4.87%	7.93%	8.47%	7.90%	7.91%	6.57%	6.66%	6.30%	7.21%	9.02%	7.40%	2.41%	-10.92%	-15.40%	-13.70%	-10.75%	1.90%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-127,242K ÷ $4,630,960K
= -2.75%

Under Armour Inc C's return on assets (ROA) has shown fluctuations over the past few years. The ROA was positive at 1.90% as of December 31, 2019, indicating the company was generating a profit relative to its assets. However, in the following periods, the ROA turned negative, reaching its lowest point at -15.40% as of September 30, 2020.

From March 31, 2021, the ROA started to improve, gradually increasing to 8.47% as of September 30, 2023. This positive trend continued until December 31, 2023, with an ROA of 7.93%. However, the ROA declined in the subsequent periods, reaching -2.75% as of December 31, 2024.

Overall, the company's ROA has been volatile, with both positive and negative values observed. Investors and stakeholders should closely monitor Under Armour Inc C's asset management efficiency and profitability to assess its financial performance and sustainability.