Under Armour Inc A (UAA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,630,960 | 4,494,590 | 4,860,510 | 4,760,730 | 5,044,510 | 4,746,550 | 4,867,160 | 4,827,550 | 4,827,560 | 4,770,070 | 4,605,800 | 4,991,400 | 4,822,300 | 4,871,510 | 4,914,300 | 5,030,630 | 4,863,550 | 5,003,340 | 4,837,580 | 4,843,530 |
| Operating ROA | -2.52% | -1.31% | -1.90% | 4.83% | 5.21% | 5.92% | 5.36% | 5.65% | 6.83% | 8.64% | 8.99% | 9.74% | 9.46% | 7.03% | 1.05% | -12.19% | -12.24% | -10.29% | -7.37% | 4.89% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-116,693K ÷ $4,630,960K
= -2.52%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's efficiency in generating operating income from its total assets. Looking at the data provided for Under Armour Inc A, we can observe fluctuations in the operating ROA over the years.
Starting from December 2019, with an operating ROA of 4.89%, the company saw a decline in performance over the next few quarters with negative operating ROA figures in March, June, and September 2020. This negative trend continued into December 2020. However, there was a notable improvement in the operating ROA in the first quarter of 2021, reaching 1.05%.
As we move into 2021, there is a clear upward trend in the operating ROA, with significant improvements in subsequent quarters. By December 2021, the operating ROA reached 9.74%, indicating increased efficiency in utilizing assets to generate operating income.
During the first half of 2022, the operating ROA remained relatively stable, hovering around 9%, showing consistent performance. However, there was a slight decline in the operating ROA in the third quarter of 2022 to 8.64%. This trend continued into the end of 2022, with the operating ROA further decreasing to 6.83% by December.
In 2023, the company managed to maintain a relatively stable operating ROA, ranging between 5% to 6%, showing some resilience in asset utilization despite minor fluctuations. However, by June 2024, there was a significant drop in the operating ROA to -1.90%, indicating a decrease in efficiency in generating operating income from assets. This negative trend continued into September and December 2024, with the operating ROA further declining to -2.52%.
Overall, the analysis of Under Armour Inc A's operating ROA suggests fluctuating performance over the years, with periods of improvement followed by declines. This indicates the company's varying levels of efficiency in utilizing its assets to generate operating income, highlighting the importance of monitoring and managing asset utilization for sustainable financial performance.
Peer comparison
Dec 31, 2024