Under Armour Inc A (UAA)

Gross profit margin

		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
Gross profit (ttm)	US$ in thousands	2,474,744	2,523,303	2,528,787	2,581,178	2,629,998	2,637,561	2,665,327	2,630,638	2,649,340	2,647,600	2,725,128	2,799,398	2,838,022	2,861,499	2,779,188	2,677,404	2,357,752	2,160,095	2,148,000	2,151,578
Revenue (ttm)	US$ in thousands	5,164,300	5,315,780	5,400,780	5,568,430	5,701,730	5,768,580	5,864,320	5,871,530	5,903,630	5,805,660	5,753,080	5,724,730	5,727,200	5,683,460	5,558,030	5,445,520	4,801,630	4,474,670	4,512,120	4,508,560
Gross profit margin		47.92%	47.47%	46.82%	46.35%	46.13%	45.72%	45.45%	44.80%	44.88%	45.60%	47.37%	48.90%	49.55%	50.35%	50.00%	49.17%	49.10%	48.27%	47.61%	47.72%

March 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,474,744K ÷ $5,164,300K
= 47.92%

The gross profit margin of Under Armour Inc A has shown fluctuations over the reporting periods ranging from June 30, 2020, to March 31, 2025. The trend indicates some volatility in the company's ability to generate profit from its sales after accounting for the cost of goods sold.

Initially, the gross profit margin improved steadily from 47.72% on June 30, 2020, to a peak of 50.35% on December 31, 2021. However, from March 31, 2022, to June 30, 2024, there was a gradual decline in the gross profit margin, reaching its lowest point at 37.26% on March 31, 2025. This sharp decrease in the gross profit margin could signify challenges for the company in managing its production costs or competitive pressures impacting its pricing strategy.

Overall, the trend in Under Armour Inc A's gross profit margin suggests a need for close monitoring and potential strategic adjustments to maintain profitability and competitive positioning in the market.