Under Armour Inc A (UAA)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands -127,242 -17,723 -83,394 232,042 399,834 402,151 384,365 382,037 317,334 317,708 289,990 360,060 434,857 360,359 118,257 -549,176 -748,934 -685,565 -520,019 92,139
Total stockholders’ equity US$ in thousands 1,984,720 1,985,200 1,816,570 2,153,290 2,133,930 2,054,040 1,974,620 1,966,150 1,832,000 1,816,330 1,729,080 2,088,990 1,977,750 1,846,710 1,770,200 1,675,990 1,470,350 1,423,410 1,550,180 2,150,090
ROE -6.41% -0.89% -4.59% 10.78% 18.74% 19.58% 19.47% 19.43% 17.32% 17.49% 16.77% 17.24% 21.99% 19.51% 6.68% -32.77% -50.94% -48.16% -33.55% 4.29%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-127,242K ÷ $1,984,720K
= -6.41%

The return on equity (ROE) of Under Armour Inc A has shown significant fluctuations over the reporting periods. The ROE was negative in the first half of 2020, indicating that the company's net income was insufficient to cover shareholders' equity during those periods. However, from the end of 2020 to the end of 2021, there was a positive turnaround in ROE, indicating improved profitability and efficiency in the use of shareholders' equity.

For the next few quarters after 2021, the ROE remained relatively stable, ranging from 16.77% to 19.58%, suggesting that the company maintained its profitability and efficiency in generating returns for shareholders. However, in the second half of 2024, the ROE turned negative again, indicating a decline in profitability and a potential need for the company to address its operational performance.

Overall, the analysis of Under Armour Inc A's ROE demonstrates a volatile performance trend with both positive and negative swings, indicating fluctuations in the profitability and efficiency of utilizing shareholders' equity over the various reporting periods.