Under Armour Inc A (UAA)

Operating profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021	Mar 31, 2021
Operating income	US$ in thousands	229,751	283,811	486,290	486,290	-613,438
Revenue	US$ in thousands	5,701,880	5,903,640	5,683,470	5,683,470	4,474,670
Operating profit margin		4.03%	4.81%	8.56%	8.56%	-13.71%

March 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $229,751K ÷ $5,701,880K
= 4.03%

The operating profit margin of Under Armour Inc A has exhibited fluctuating trends over the past five years. In the most recent quarter ending March 31, 2024, the operating profit margin decreased to 4.03% from 4.47% in the prior year, signaling a slight decline in the company's operational efficiency.

Comparing the latest quarter to the performance in December 31, 2021, there is a notable reduction in the operating profit margin, which dropped from 8.56% to 4.03%. This decline suggests a potential decrease in profitability or increased operating costs during the period.

Furthermore, the operating profit margin for December 31, 2020, had turned negative at -13.71%, indicating that the company faced significant challenges in generating profits from its core operations during that period. This negative margin could be attributed to various factors such as a decrease in sales, higher operating expenses, or one-time charges impacting profitability.

However, in December 31, 2019, the operating profit margin was 4.50%, showing a positive trend in profitability compared to the negative margin recorded in the following year. It is worth noting that while the operating profit margin has fluctuated over the years, the company has managed to maintain a positive margin in most periods, albeit varying in magnitude.

Overall, the analysis of the operating profit margin for Under Armour Inc A highlights the importance of monitoring profitability trends over time to assess the efficiency and performance of the company's core business operations.