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.