Under Armour Inc A (UAA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,300,870 | 4,630,960 | 4,494,590 | 4,860,510 | 4,760,730 | 5,044,510 | 4,746,550 | 4,867,160 | 4,857,080 | 4,827,560 | 4,770,070 | 4,605,800 | 4,452,830 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 |
| Operating ROA | -3.94% | -2.58% | -1.37% | -1.96% | 4.76% | 5.32% | 6.15% | 5.58% | 5.84% | 4.20% | 4.07% | 5.36% | 7.49% | 9.74% | 9.46% | 7.03% | 1.05% | -12.19% | -12.24% | -10.29% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-169,490K ÷ $4,300,870K
= -3.94%
The operating return on assets (operating ROA) for Under Armour Inc A exhibited fluctuations over the period from June 2020 to March 2025. The company's operating ROA was negative in the earlier periods, indicating that its operating income was insufficient to cover the assets employed in the business. This negative trend continued until March 2021 when the operating ROA turned positive at 1.05%.
In the subsequent quarters, there was a notable improvement in the company's operating ROA, reaching a peak of 9.74% by December 2021. This positive trend continued into the following quarters, showcasing the company's ability to generate more operating income relative to its assets.
However, starting from June 2022, the operating ROA began to decline gradually, indicating a decrease in the efficiency of asset utilization to generate operating returns. By March 2024, the operating ROA decreased to 4.83%.
The operating ROA further decreased and turned negative in the periods following March 2024, signaling potential challenges in effectively utilizing assets to generate operating profits. The data for March 2025 is unavailable, leaving the trend open to interpretation.
Overall, the analysis of Under Armour Inc A's operating ROA highlights varying levels of operational efficiency in generating returns from its assets during the period under review. The company experienced both positive and negative trends, suggesting fluctuations in its operational performance and profitability.
Peer comparison
Mar 31, 2025