Under Armour Inc C (UA)
Return on assets (ROA)
Mar 31, 2025 | 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 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -133,810 | -134,074 | -21,165 | -81,933 | 232,042 | 402,851 | 410,325 | 387,636 | 386,769 | 156,614 | 144,654 | 171,173 | 222,698 | 360,060 | 434,857 | 360,359 | 118,257 | -549,176 | -748,934 | -685,565 |
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 | 4,857,080 | 4,827,560 | 4,770,070 | 4,605,800 | 4,452,830 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 |
ROA | — | -2.90% | -0.47% | -1.69% | 4.87% | 7.99% | 8.64% | 7.96% | 7.96% | 3.24% | 3.03% | 3.72% | 5.00% | 7.21% | 9.02% | 7.40% | 2.41% | -10.92% | -15.40% | -13.70% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $-133,810K ÷ $—K
= —
Under Armour Inc C's return on assets (ROA) fluctuated significantly over the period analyzed. The company experienced negative ROA values in the range of -13.70% to -2.90% during the initial years, indicating inefficiency in generating profits relative to its assets.
However, there was a notable turnaround in the company's performance starting from March 31, 2021, where the ROA turned positive and showed an upward trend. Subsequently, the ROA improved to reach its peak at 9.02% on September 30, 2021, before stabilizing at levels between 3.03% to 8.64% in the following quarters.
The positive ROA values suggest that Under Armour Inc C became more effective in utilizing its assets to generate profits during this period. It is essential for the company to maintain or improve its ROA in the future to demonstrate sustainable profitability and efficiency in asset utilization.
Peer comparison
Mar 31, 2025