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 -133,810 -134,074 -21,165 -81,933 232,042 402,851 410,325 387,636 386,769 156,614 144,654 171,173 222,698 360,060 434,857 360,359 118,257 -549,176 -748,934 -685,565
Total stockholders’ equity US$ in thousands 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 -6.76% -1.07% -4.51% 10.78% 18.54% 19.64% 19.33% 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
= $-133,810K ÷ $—K
= —

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.