Under Armour Inc A (UAA)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -201,267 | -134,074 | -24,555 | -90,226 | 225,210 | 396,019 | 406,883 | 389,097 | 386,769 | 156,614 | 144,654 | 171,173 | 222,698 | 360,060 | 434,856 | 360,358 | 118,256 | -549,177 | -748,934 | -685,565 |
| Total stockholders’ equity | US$ in thousands | 1,890,280 | 1,984,720 | 1,985,200 | 1,816,570 | 2,153,290 | 2,173,020 | 2,089,740 | 2,005,410 | 1,998,400 | 1,832,000 | 1,816,330 | 1,729,080 | 1,728,950 | 2,088,990 | 1,977,750 | 1,846,710 | 1,770,200 | 1,675,990 | 1,470,350 | 1,423,410 |
| ROE | -10.65% | -6.76% | -1.24% | -4.97% | 10.46% | 18.22% | 19.47% | 19.40% | 19.35% | 8.55% | 7.96% | 9.90% | 12.88% | 17.24% | 21.99% | 19.51% | 6.68% | -32.77% | -50.94% | -48.16% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-201,267K ÷ $1,890,280K
= -10.65%
The return on equity (ROE) for Under Armour Inc A has shown varying trends over the past few years. From June 2020 to September 2021, the company exhibited negative ROE figures, indicating that the company was not effectively utilizing its shareholders' equity to generate profits.
However, there was a significant turnaround in March 2021, where the ROE turned positive at 6.68%, and continued to improve over the next few quarters, reaching levels above 19% by September 2023. This suggests that the company started generating better returns for its shareholders during this period.
Although there was a slight decrease in ROE in the subsequent quarters, the company managed to maintain relatively healthy ROE levels above 10% until June 2024. The negative ROE recorded in the quarters ending June 2024, September 2024, and December 2024 could be a cause for concern, indicating a potential decline in profitability and efficiency in utilizing equity during this period.
Overall, the recent ROE figures suggest that Under Armour Inc A has made improvements in profitability and efficiency in utilizing shareholder equity, but the negative figures in 2024 could indicate potential challenges that the company may need to address to sustain its performance in the future.
Peer comparison
Mar 31, 2025