Under Armour Inc C (UA)
Return on equity (ROE)
| 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 | -201,267 | -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 stockholders’ equity | US$ in thousands | 1,890,280 | 1,984,720 | 1,985,200 | 1,816,570 | 2,153,290 | 2,173,020 | 2,089,740 | 2,005,410 | 1,998,400 | 1,832,000 | 1,816,330 | 1,729,080 | 1,728,950 | 2,088,990 | 1,977,750 | 1,846,710 | 1,770,200 | 1,675,990 | 1,470,350 | 1,423,410 |
| ROE | -10.65% | -6.76% | -1.07% | -4.51% | 10.78% | 18.54% | 19.64% | 19.33% | 19.35% | 8.55% | 7.96% | 9.90% | 12.88% | 17.24% | 21.99% | 19.51% | 6.68% | -32.77% | -50.94% | -48.16% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-201,267K ÷ $1,890,280K
= -10.65%
Under Armour Inc C's return on equity (ROE) experienced significant fluctuations over the past few years. The ROE was negative in the second half of 2020 and continued to improve gradually, turning positive in the first quarter of 2021. The ROE then showed a positive trend, peaking in the third quarter of 2021. However, there was a slight decline towards the end of 2022 before picking up again in the first quarter of 2023.
From the first quarter of 2023 to the first quarter of 2024, the ROE remained relatively stable at around 19-20%, indicating a healthy return on shareholders' equity. However, there was a decline in the second quarter of 2024, with a negative ROE, followed by slight improvements in the subsequent quarters. The most recent data for March 31, 2025, is not available, so the trend beyond the fourth quarter of 2024 is unclear.
Overall, the company has shown improvements in its return on equity from negative levels to positive territory, with some fluctuations in between. Further analysis would be needed to understand the factors driving these changes in ROE and determine the company's long-term profitability and efficiency in generating returns for its shareholders.
Peer comparison
Mar 31, 2025