Under Armour Inc A (UAA)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	232,042	374,459	360,060	-549,177	92,139
Revenue	US$ in thousands	5,701,880	5,903,160	5,683,470	4,474,670	5,267,130
Net profit margin		4.07%	6.34%	6.34%	-12.27%	1.75%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $232,042K ÷ $5,701,880K
= 4.07%

The net profit margin of Under Armour Inc A has fluctuated over the past five years, ranging from negative figures to positive percentages. In March 2023, the net profit margin stood at 6.34%, showing a relatively strong profitability level. However, there was a decline in profitability in subsequent periods, with the net profit margin dropping to 4.07% in March 2024. The significant drop in profitability in December 2020, where the net profit margin was -12.27%, is a point of concern, indicating a period of losses. It is worth noting that the company managed to recover and achieve positive profitability in the following years. The varying net profit margins reflect changes in the company's ability to generate profits relative to its revenue, highlighting the importance of monitoring and analyzing profitability trends over time.