Under Armour Inc A (UAA)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -116,693 | -58,793 | -92,400 | 229,751 | 262,867 | 280,949 | 260,886 | 272,946 | 329,515 | 412,088 | 413,883 | 486,290 | 456,005 | 342,511 | 51,632 | -613,438 | -595,211 | -514,861 | -356,669 | 236,770 |
| Revenue (ttm) | US$ in thousands | 5,315,920 | 5,400,920 | 5,568,570 | 5,701,870 | 5,768,270 | 5,863,720 | 5,870,930 | 5,903,030 | 6,033,630 | 5,997,670 | 5,775,320 | 5,683,460 | 5,558,030 | 5,445,520 | 4,801,630 | 4,474,670 | 4,512,120 | 4,508,560 | 4,992,650 | 5,267,130 |
| Operating profit margin | -2.20% | -1.09% | -1.66% | 4.03% | 4.56% | 4.79% | 4.44% | 4.62% | 5.46% | 6.87% | 7.17% | 8.56% | 8.20% | 6.29% | 1.08% | -13.71% | -13.19% | -11.42% | -7.14% | 4.50% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-116,693K ÷ $5,315,920K
= -2.20%
The operating profit margin of Under Armour Inc A has shown fluctuating trends over the period from December 31, 2019, to December 31, 2024. The margin started at 4.50% as of December 31, 2019, and experienced a decline, reaching negative figures by March 31, 2020, and continued to be negative until December 31, 2020. However, there was a noticeable improvement in the operating profit margin starting from March 31, 2021, where it was recorded at 1.08%.
Subsequently, Under Armour Inc A's operating profit margin witnessed an upward trajectory, showing positive growth from June 30, 2021, at 6.29%, and continued to increase, reaching its peak at 8.56% as of December 31, 2021. The margin then experienced a slight decrease but maintained levels above 6% until September 30, 2022. However, there was a slight decline in the operating profit margin by December 31, 2022, but it remained above 5%.
From March 31, 2023, the operating profit margin remained relatively stable, fluctuating within a narrow range between 4% and 5% until December 31, 2023. The margin slightly decreased by March 31, 2024, but remained positive. However, a noticeable decline was observed by June 30, 2024, and September 30, 2024, where the margin turned negative at -1.66% and -1.09%, respectively. This negative trend continued by December 31, 2024, with an operating profit margin of -2.20%.
Overall, the operating profit margin of Under Armour Inc A exhibited a mixed performance, with periods of improvement and decline. The company experienced challenges in maintaining positive margins during certain quarters, indicating potential operational and financial difficulties impacting profitability. Further analysis would be needed to understand the factors contributing to these fluctuations in the operating profit margin.
Peer comparison
Dec 31, 2024