Under Armour Inc A (UAA)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -38,677 | -45,135 | -33,399 | -70,218 | 226,847 | 241,264 | 311,826 | 291,763 | 303,823 | 306,582 | 264,878 | 334,188 | 423,523 | 526,808 | 661,033 | 605,084 | 350,529 | -320,120 | -484,003 | -478,283 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | -2.05% | -2.27% | -1.68% | -3.87% | 10.53% | 11.10% | 14.92% | 14.55% | 15.20% | 16.73% | 14.58% | 19.33% | 24.50% | 25.22% | 33.42% | 32.77% | 19.80% | -19.10% | -32.92% | -33.60% |
March 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-38,677K ÷ ($—K + $1,890,280K)
= -2.05%
The return on total capital for Under Armour Inc A has shown significant fluctuations over the period from June 30, 2020, to March 31, 2025. The ratio started in negative territory in mid-2020 but saw a positive turn by the end of 2020. From there, the return on total capital improved substantially, reaching a peak of 36.66% by September 30, 2021.
Subsequently, the ratio experienced a slight decline but remained at relatively high levels until March 31, 2023. However, there was a notable decrease in the return on total capital from June 30, 2023, dropping to around 10% by March 31, 2024. The ratio continued to decline, dipping into negative territory by the end of 2024.
This downward trend in the return on total capital suggests some challenges for the company in effectively utilizing its total capital to generate returns for its investors. It is important for Under Armour Inc A to assess its capital allocation strategies and operational efficiency to improve this key financial metric in the future.
Peer comparison
Mar 31, 2025