Under Armour Inc A (UAA)

Operating 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
Operating income (ttm)	US$ in thousands	-169,490	-119,597	-61,697	-95,304	226,847	268,564	291,814	271,751	283,811	202,596	194,068	246,722	333,444	486,290	456,005	342,511	51,632	-613,438	-595,211	-514,861
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
Operating profit margin		-3.28%	-2.25%	-1.14%	-1.71%	3.98%	4.66%	4.98%	4.63%	4.81%	3.49%	3.37%	4.31%	5.82%	8.56%	8.20%	6.29%	1.08%	-13.71%	-13.19%	-11.42%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-169,490K ÷ $5,164,300K
= -3.28%

The operating profit margin of Under Armour Inc A has shown fluctuations over the analyzed period. Starting at a negative margin in mid-2020, the company experienced a gradual improvement, reaching positive margins in March 2021. This trend continued positively through September 2021, indicating an enhancement in operational efficiency and profitability.

By the end of December 2021, the operating profit margin further increased, signaling improved performance in managing operating expenses relative to revenue. However, there was a slight dip in March 2022, followed by a gradual decline through the subsequent quarters up to March 2025, where the margin turned negative again.

Overall, the operating profit margin of Under Armour Inc A has displayed both positive and negative swings, highlighting the importance of managing costs effectively to sustain profitability and enhance financial performance in the competitive market environment.