Under Armour Inc C (UA)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,984,720 | 1,985,200 | 1,816,570 | 2,153,290 | 2,133,930 | 2,054,040 | 1,974,620 | 1,966,150 | 1,832,000 | 1,816,330 | 1,729,080 | 2,088,990 | 1,977,750 | 1,846,710 | 1,770,200 | 1,675,990 | 1,470,350 | 1,423,410 | 1,550,180 | 2,150,090 |
| ROE | -6.41% | -0.89% | -4.59% | 10.78% | 18.74% | 19.58% | 19.47% | 19.43% | 17.32% | 17.49% | 16.77% | 17.24% | 21.99% | 19.51% | 6.68% | -32.77% | -50.94% | -48.16% | -33.55% | 4.29% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-127,242K ÷ $1,984,720K
= -6.41%
The return on equity (ROE) for Under Armour Inc C has demonstrated significant fluctuations over the analyzed period. The ROE started at a low point of 4.29% in December 31, 2019, and then showed a sharp decline in the following quarters, with negative ROE values recorded in March 31, 2020, June 30, 2020, and September 30, 2020.
However, the company began to show signs of improvement in its ROE performance in the first quarter of 2021, with a positive ROE of 6.68%. This positive trend continued throughout 2021, with ROE values increasing to 19.51% by June 30, 2021, and peaking at 21.99% by September 30, 2021.
Although there was a slight decrease in ROE by the end of 2021, the company managed to maintain relatively strong ROE levels above 15% in the subsequent quarters of 2022 and most of 2023. However, in the first half of 2024, there was a reversal in the positive trend, with ROE turning negative in June 30, 2024, September 30, 2024, and December 31, 2024.
Overall, the ROE performance of Under Armour Inc C has been volatile, with periods of both positive and negative returns. The company should continue to monitor and assess its financial performance to ensure sustainable profitability and shareholder value in the long term.
Peer comparison
Dec 31, 2024