Under Armour Inc A (UAA)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 262,042 | 285,723 | 392,132 | -499,790 | 162,163 |
| Revenue | US$ in thousands | 5,701,880 | 5,903,160 | 5,683,470 | 4,474,670 | 5,267,130 |
| Pretax margin | 4.60% | 4.84% | 6.90% | -11.17% | 3.08% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $262,042K ÷ $5,701,880K
= 4.60%
The pretax margin of Under Armour Inc A has shown variability over the past few years. In the most recent period ending March 31, 2024, the pretax margin stood at 4.60%, which was a slight decrease from the previous year's figure of 4.84%. Looking further back, the pretax margin was notably higher in December 2021 at 6.90%. However, in December 2020, the company experienced a negative pretax margin of -11.17%, indicating operational challenges during that period. The year 2019 saw the pretax margin at a moderate level of 3.08%.
The fluctuation in pretax margin over the years suggests varying levels of profitability before accounting for taxes and indicates potential shifts in the company's cost structure, pricing strategy, or operational efficiency. Further analysis is recommended to explore the factors driving these changes in pretax margin and their implications for Under Armour Inc A's financial performance and overall business strategy.
Peer comparison
Mar 31, 2024