Under Armour Inc A (UAA)

Return on equity (ROE)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Dec 31, 2021
Net income	US$ in thousands	-201,267	232,042	374,459	360,060	360,060
Total stockholders’ equity	US$ in thousands	1,890,280	2,153,290	1,998,400	2,088,990	2,088,990
ROE		-10.65%	10.78%	18.74%	17.24%	17.24%

March 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-201,267K ÷ $1,890,280K
= -10.65%

The return on equity (ROE) for Under Armour Inc A has exhibited some fluctuations over the years as per the provided data. In particular:

1. As of December 31, 2021, the ROE was 17.24%, reflecting a strong performance in generating profits relative to shareholders' equity.

2. The ROE remained stable at 17.24% as of March 31, 2022, indicating consistent profitability and efficiency in utilizing shareholders' equity.

3. There was a slight increase in ROE to 18.74% as of March 31, 2023, suggesting an improvement in the company's ability to generate profits using shareholders' equity.

4. However, there was a notable decline in ROE to 10.78% as of March 31, 2024, which could indicate lower profitability relative to the shareholders' equity invested.

5. The most concerning observation is the negative ROE of -10.65% as of March 31, 2025, which suggests that the company experienced a loss in that period and the shareholders' equity may not have been effectively utilized to generate returns.

Overall, the trend in ROE for Under Armour Inc A shows a mixture of positive and negative performance outcomes, highlighting the importance of monitoring profitability and the efficient utilization of equity in driving shareholder value.