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Under Armour, Inc.(UA)Earnings, Financials & Key Ratios
UA•NYSE
$6.08
$1.23B mkt cap·Price updated May 6, 2026
SectorConsumer CyclicalIndustryApparel ManufacturingSub-IndustryOutdoor, performance and activewear brands
AboutUnder Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications. In addition, the company offers accessories, which include gloves, bags, headwear, and sports masks; and digital subscription and advertising services under the MapMyRun and MapMyRide platforms. It primarily offers its products under the UNDER ARMOUR, UA, HEATGEAR, COLDGEAR, HOVR, PROTECT THIS HOUSE, I WILL, UA Logo, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of 422 brand and factory house stores, as well as through e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. Under Armour, Inc. was incorporated in 1996 and is headquartered in Baltimore, Maryland.Show more
- Revenue$5.16B-9.4%
- EBITDA-$49M-113.3%
- Net Income-$201M-186.7%
- EPS (Diluted)-0.47-190.4%
- Gross Margin47.92%+3.9%
- EBITDA Margin-0.96%-114.7%
- Operating Margin-3.59%-189.0%
- Net Margin-3.9%-195.8%
- ROE-9.95%-188.4%
- ROIC-5.12%-181.9%
- Debt/Equity0.69+2.6%
UA Key Insights
Under Armour, Inc. (UA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 4.2% through buybacks
- ✓Trading at only 1.4x book value
- ✓Efficient asset utilization: 1.2x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
UA Price & Volume
Under Armour, Inc. (UA) stock price & volume — 10-year historical chart
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UA Growth Metrics
Under Armour, Inc. (UA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.29%
5 Years-0.39%
3 Years-3.14%
TTM-2.72%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-611.79%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM33.7%
Return on Capital
10 Years8.05%
5 Years7.44%
3 Years3%
Last Year-5.46%
UA Recent Earnings
Under Armour, Inc. (UA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)
Q1 2026Latest
Feb 6, 2026EPS
$0.09
Est $0.02
+681.4%
Revenue
$1.3B
Est $1.3B
+1.3%
Q4 2025
Nov 6, 2025EPS
$0.04
Est $0.02
+63.5%
Revenue
$1.3B
Est $1.3B
-0.2%
Q3 2025
Aug 8, 2025EPS
$0.02
Est $0.02
-18.3%
Revenue
$1.1B
Est $1.3B
-13.2%
Q2 2025
May 13, 2025EPS
$0.08
Est $0.08
+0.0%
Revenue
$1.2B
Est $1.2B
+1.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 6, 2026 | $0.09vs $0.02+681.4% | $1.3Bvs $1.3B+1.3% |
| Q4 2025 | Nov 6, 2025 | $0.04vs $0.02+63.5% | $1.3Bvs $1.3B-0.2% |
| Q3 2025 | Aug 8, 2025 | $0.02vs $0.02-18.3% | $1.1Bvs $1.3B-13.2% |
| Q2 2025 | May 13, 2025 | $0.08vs $0.08+0.0% | $1.2Bvs $1.2B+1.4% |
Based on last 12 quarters of dataView full earnings history →
UA Peer Comparison
Under Armour, Inc. (UA) competitors in Outdoor, performance and activewear brands — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 NKE | 51.28B | 43.06 | 19.94 | -9.84% | 5.43% | 17.92% | 6.37% | 0.83 |
 COLM | 3.17B | 60.50 | 18.67 | 0.84% | 4.98% | 10.26% | 6.84% | 0.51 |
 PVH | 4.05B | 88.32 | 8.36 | -6.13% | 5.34% | 9.63% | 14.39% | 0.66 |
 HBI | 2.29B | 6.47 | -7.11 | -3.63% | 9.59% | 73.92% | 9.89% | 75.02 |
 RL | 48.75B | 360.02 | 31.01 | 6.75% | 11.73% | 31.8% | 2.09% | 1.03 |
 ONON | 10.26B | 34.59 | 46.49 | 24.16% | 6.76% | 13.48% | 3.16% | 0.36 |
 DECK | 14.03B | 98.54 | 15.57 | 16.28% | 19.35% | 39.85% | 6.83% | 0.11 |
 CROX | 5.15B | 102.94 | -68.63 | -1.5% | -2.58% | -7.54% | 12.8% | 1.25 |
Compare UA vs Peers
Under Armour, Inc. (UA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
UA Income Statement
Under Armour, Inc. (UA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 4.83B | 4.99B | 5.19B | 5.27B | 5.68B | 5.68B | 5.9B | 5.7B | 5.16B | 4.98B |
| Revenue Growth % | 21.95% | 3.23% | 4.09% | 1.42% | 7.9% | 0% | 3.87% | -3.41% | -9.43% | -2.72% |
| Cost of Goods Sold | 2.58B | 2.74B | 2.85B | 2.8B | 2.82B | 2.82B | 3.26B | 3.07B | 2.69B | 2.66B |
| COGS % of Revenue | 53.48% | 54.87% | 54.93% | 53.1% | 49.65% | 49.65% | 55.21% | 53.87% | 52.08% | - |
| Gross Profit | 2.25B▲ 0% | 2.25B▲ 0.1% | 2.34B▲ 4.0% | 2.47B▲ 5.6% | 2.86B▲ 15.8% | 2.86B▲ 0.0% | 2.64B▼ 7.6% | 2.63B▼ 0.5% | 2.47B▼ 5.9% | 2.32B▲ 0% |
| Gross Margin % | 46.52% | 45.13% | 45.07% | 46.9% | 50.35% | 50.35% | 44.79% | 46.13% | 47.92% | 46.58% |
| Gross Profit Growth % | 18% | 0.12% | 3.96% | 5.56% | 15.83% | 0% | -7.61% | -0.51% | -5.91% | - |
| Operating Expenses | 1.83B | 2.22B | 2.37B | 2.23B | 2.38B | 2.38B | 2.38B | 2.4B | 2.66B | 2.44B |
| OpEx % of Revenue | 37.89% | 44.57% | 45.55% | 42.41% | 41.79% | 41.79% | 40.32% | 42.1% | 51.51% | - |
| Selling, General & Admin | 1.83B | 2.1B | 2.18B | 2.23B | 2.33B | 2.33B | 2.38B | 2.4B | 2.6B | 2.38B |
| SG&A % of Revenue | 37.89% | 42.08% | 42.02% | 42.41% | 41.08% | 41.08% | 40.32% | 42.1% | 50.38% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 124.05M | 183.15M | 0 | 40.52M | 40.52M | 0 | 0 | 57.97M | 3M |
| Operating Income | 417.47M▲ 0% | 27.84M▼ 93.3% | -25.02M▼ 189.9% | 236.77M▲ 1046.4% | 486.29M▲ 105.4% | 486.29M▲ 0.0% | 263.59M▼ 45.8% | 229.75M▼ 12.8% | -185.22M▼ 180.6% | -126.51M▲ 0% |
| Operating Margin % | 8.64% | 0.56% | -0.48% | 4.5% | 8.56% | 8.56% | 4.47% | 4.03% | -3.59% | -2.54% |
| Operating Income Growth % | 2.18% | -93.33% | -189.85% | 1046.44% | 105.38% | 0% | -45.8% | -12.84% | -180.62% | - |
| EBITDA | 562.24M | 201.59M | 156.75M | 423.19M | 627.43M | 627.43M | 399.04M | 372.34M | -49.41M | -3.96M |
| EBITDA Margin % | 11.63% | 4.04% | 3.02% | 8.03% | 11.04% | 11.04% | 6.76% | 6.53% | -0.96% | -0.08% |
| EBITDA Growth % | 10.35% | -64.15% | -22.24% | 169.98% | 48.26% | 0% | -36.4% | -6.69% | -113.27% | -101.58% |
| D&A (Non-Cash Add-back) | 144.77M | 173.75M | 181.77M | 186.43M | 141.14M | 141.14M | 135.46M | 142.59M | 135.8M | 122.55M |
| EBIT | 414.72M | 24.23M | -34.22M | 236.77M | 526.81M | 526.81M | 263.59M | 229.75M | -127.25M | -142.61M |
| Net Interest Income | -26.43M | -34.54M | -33.57M | -21.24M | -47.26M | 0 | 0 | 0 | 0 | -21.53M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 26.43M | 34.54M | 33.57M | 21.24M | 47.26M | 0 | 0 | 0 | 0 | 21.53M |
| Other Income/Expense | -29.19M | -38.15M | -42.77M | -26.93M | -94.16M | -94.16M | 2.23M | 32.3M | -18.94M | -111.51M |
| Pretax Income | 388.28M▲ 0% | -10.31M▼ 102.7% | -67.79M▼ 557.6% | 209.84M▲ 409.6% | 392.13M▲ 86.9% | 392.13M▲ 0.0% | 265.81M▼ 32.2% | 262.05M▼ 1.4% | -204.16M▼ 177.9% | -238.06M▲ 0% |
| Pretax Margin % | 8.03% | -0.21% | -1.31% | 3.98% | 6.9% | 6.9% | 4.5% | 4.6% | -3.95% | -4.78% |
| Income Tax | 131.3M | 37.95M | -20.55M | 70.02M | 32.07M | 32.07M | -108.64M | 30.01M | -2.89M | 281.69M |
| Effective Tax Rate % | 33.82% | -368.13% | 30.32% | 33.37% | 8.18% | 8.18% | -40.87% | 11.45% | 1.42% | -118.33% |
| Net Income | 256.98M▲ 0% | -48.26M▼ 118.8% | -46.3M▲ 4.1% | 92.14M▲ 299.0% | 360.06M▲ 290.8% | 360.06M▲ 0.0% | 374.46M▲ 4.0% | 232.04M▼ 38.0% | -201.27M▼ 186.7% | -519.71M▲ 0% |
| Net Margin % | 5.32% | -0.97% | -0.89% | 1.75% | 6.34% | 6.34% | 6.34% | 4.07% | -3.9% | -10.44% |
| Net Income Growth % | 10.49% | -118.78% | 4.06% | 299% | 290.78% | 0% | 4% | -38.03% | -186.74% | -611.79% |
| Net Income (Continuing) | 256.98M | -48.26M | -46.3M | 92.14M | 360.06M | 360.06M | 374.46M | 232.04M | -201.27M | -519.71M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.45▲ 0% | -0.11▼ 124.4% | -0.10▲ 9.1% | 0.20▲ 300.0% | -1.19▼ 695.0% | 0.77▲ 164.7% | 0.84▲ 9.1% | 0.52▼ 38.1% | -0.47▼ 190.4% | -1.22▲ 0% |
| EPS Growth % | -15.09% | -124.44% | 9.09% | 300% | -695% | 164.71% | 9.09% | -38.1% | -190.38% | 33.7% |
| EPS (Basic) | 0.46 | -0.11 | -0.10 | 0.20 | -1.19 | 0.77 | 0.86 | 0.53 | -0.47 | - |
| Diluted Shares Outstanding | 444.9M | 440.73M | 445.81M | 454.27M | 454.09M | 468.64M | 461.51M | 451.01M | 432.25M | 424.85M |
| Basic Shares Outstanding | 436.33M | 440.73M | 445.81M | 450.96M | 453.87M | 465.5M | 451.43M | 440.32M | 432.25M | 424.85M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
UA Balance Sheet
Under Armour, Inc. (UA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.97B | 2.34B | 2.59B | 2.7B | 3.22B | 2.83B | 2.95B | 2.86B | 2.33B | 2.99B |
| Cash & Short-Term Investments | 250.47M | 312.48M | 557.4M | 788.07M | 1.52B | 1.01B | 710.93M | 858.69M | 501.36M | 1.06B |
| Cash Only | 250.47M | 312.48M | 557.4M | 788.07M | 1.52B | 1.01B | 710.93M | 858.69M | 501.36M | 464.65M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 599.83M |
| Accounts Receivable | 622.68M | 609.67M | 652.55M | 708.71M | 527.34M | 702.2M | 758.56M | 757.34M | 675.82M | 611.52M |
| Days Sales Outstanding | 47.02 | 44.6 | 45.86 | 49.11 | 33.87 | 45.1 | 46.9 | 48.48 | 47.77 | 47.67 |
| Inventory | 917.49M | 1.16B | 1.02B | 892.26M | 895.97M | 824.46M | 1.19B | 958.5M | 945.84M | 1.07B |
| Days Inventory Outstanding | 129.56 | 154.45 | 130.44 | 116.45 | 115.89 | 106.64 | 132.78 | 113.9 | 128.36 | 144.16 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 297.03M | 293.33M | 289.16M | 206.08M | 238.51M |
| Total Non-Current Assets | 1.68B | 1.67B | 1.65B | 2.14B | 1.81B | 1.62B | 1.88B | 1.9B | 1.97B | 1.64B |
| Property, Plant & Equipment | 804.21M | 885.77M | 826.87M | 1.38B | 1.2B | 1.02B | 1.13B | 1.1B | 1.03B | 959.74M |
| Fixed Asset Turnover | 6.01x | 5.63x | 6.28x | 3.81x | 4.75x | 5.56x | 5.20x | 5.19x | 5.02x | 5.04x |
| Goodwill | 563.59M | 555.67M | 546.49M | 550.18M | 502.21M | 491.51M | 481.99M | 478.3M | 487.63M | 495.16M |
| Intangible Assets | 64.31M | 46.99M | 41.79M | 36.35M | 13.29M | 10.58M | 8.94M | 7M | 5.22M | 4.42M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 409K |
| Other Non-Current Assets | 110.2M | 97.44M | 123.82M | 88.34M | 72.88M | 76.02M | 67.09M | 91.52M | 163.27M | 615.89M |
| Total Assets | 3.64B▲ 0% | 4.01B▲ 9.9% | 4.25B▲ 6.0% | 4.84B▲ 14.1% | 5.03B▲ 3.9% | 4.45B▼ 11.5% | 4.83B▲ 8.4% | 4.76B▼ 1.4% | 4.3B▼ 9.7% | 4.63B▲ 0% |
| Asset Turnover | 1.33x | 1.25x | 1.22x | 1.09x | 1.13x | 1.28x | 1.22x | 1.20x | 1.20x | 1.06x |
| Asset Growth % | 27.16% | 9.93% | 5.96% | 14.1% | 3.86% | -11.49% | 8.42% | -1.38% | -9.66% | -0.58% |
| Total Current Liabilities | 685.82M | 1.06B | 1.32B | 1.42B | 1.41B | 1.3B | 1.36B | 1.17B | 1.11B | 2.09B |
| Accounts Payable | 409.68M | 561.11M | 560.88M | 618.19M | 575.95M | 560.33M | 648.49M | 483.73M | 429.94M | 664.49M |
| Days Payables Outstanding | 57.85 | 74.81 | 71.76 | 80.68 | 74.5 | 72.47 | 72.62 | 57.48 | 58.35 | 75.52 |
| Short-Term Debt | 27M | 152M | 25M | 0 | 0 | 0 | 0 | 80.92M | 0 | 740.34M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 40.39M | 50.43M | 389.68M | 303.22M | 295.9M | 285.47M | 203.28M | 260.02M | 316.44M | 684.64M |
| Current Ratio | 2.87x | 2.20x | 1.97x | 1.90x | 2.28x | 2.18x | 2.17x | 2.46x | 2.10x | 2.10x |
| Quick Ratio | 1.53x | 1.11x | 1.20x | 1.27x | 1.65x | 1.55x | 1.30x | 1.63x | 1.25x | 1.25x |
| Cash Conversion Cycle | 118.73 | 124.25 | 104.54 | 84.88 | 75.26 | 79.26 | 107.06 | 104.9 | 117.78 | 116.31 |
| Total Non-Current Liabilities | 927.62M | 927.35M | 912.17M | 1.27B | 1.94B | 1.43B | 1.5B | 1.44B | 1.3B | 1.11B |
| Long-Term Debt | 790.39M | 765.05M | 703.83M | 592.69M | 1B | 672.29M | 674.48M | 594.87M | 595.13M | 948.18M |
| Capital Lease Obligations | 0 | 0 | 0 | 580.63M | 839.41M | 668.98M | 705.71M | 627.66M | 574.28M | 2.26B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 137.23M | 162.3M | 208.34M | 98.11M | 98.39M | 84.01M | 121.93M | 219.45M | 132.05M | 22.96M |
| Total Liabilities | 1.61B | 1.99B | 2.23B | 2.69B | 3.35B | 2.72B | 2.86B | 2.61B | 2.41B | 3.19B |
| Total Debt | 817.39M | 917.05M | 728.83M | 1.3B | 2.01B | 1.48B | 1.52B | 1.44B | 1.3B | 2.25B |
| Net Debt | 566.92M | 604.56M | 171.43M | 511.15M | 488.17M | 466.96M | 809.27M | 584.1M | 798.09M | 833.82M |
| Debt / Equity | 0.40x | 0.45x | 0.36x | 0.60x | 1.20x | 0.85x | 0.77x | 0.67x | 0.69x | 0.69x |
| Debt / EBITDA | 1.45x | 4.55x | 4.65x | 3.07x | 3.20x | 2.35x | 3.81x | 3.87x | - | -568.05x |
| Net Debt / EBITDA | 1.01x | 3.00x | 1.09x | 1.21x | 0.78x | 0.74x | 2.03x | 1.57x | - | -210.83x |
| Interest Coverage | 15.79x | 0.81x | -0.75x | 11.15x | 10.29x | - | - | - | - | -6.62x |
| Total Equity | 2.03B▲ 0% | 2.02B▼ 0.6% | 2.02B▼ 0.1% | 2.15B▲ 6.6% | 1.68B▼ 22.0% | 1.73B▲ 3.2% | 1.97B▲ 13.7% | 2.15B▲ 9.5% | 1.89B▼ 12.2% | 1.44B▲ 0% |
| Equity Growth % | 21.74% | -0.6% | -0.09% | 6.61% | -22.05% | 3.16% | 13.72% | 9.52% | -12.21% | -43.25% |
| Book Value per Share | 4.56 | 4.58 | 4.52 | 4.73 | 3.69 | 3.69 | 4.26 | 4.77 | 4.37 | 3.38 |
| Total Shareholders' Equity | 2.03B | 2.02B | 2.02B | 2.15B | 1.68B | 1.73B | 1.97B | 2.15B | 1.89B | 1.44B |
| Common Stock | 145K | 146K | 148K | 149K | 150K | 153K | 147K | 144K | 141K | 140K |
| Retained Earnings | 1.26B | 1.18B | 1.14B | 1.23B | 673.86M | 721.93M | 897.31M | 1.05B | 746.28M | 260.99M |
| Treasury Stock | - | - | - | - | - | - | - | 0 | 0 | 0 |
| Accumulated OCI | -52.14M | -38.21M | -38.99M | -50.77M | -59.19M | -40.09M | -67.84M | -77.12M | -93.94M | -94.13M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
UA Cash Flow Statement
Under Armour, Inc. (UA) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 304.49M | 234.06M | 628.23M | 509.03M | 212.86M | 664.83M | -9.91M | 353.97M | -59.32M | -59.32M |
| Operating CF Margin % | 6.3% | 4.69% | 12.1% | 9.66% | 3.75% | 11.7% | -0.17% | 6.21% | -1.15% | - |
| Operating CF Growth % | 790.38% | -23.13% | 168.4% | -18.97% | -58.18% | 212.33% | -101.49% | 3670.41% | -116.76% | -45.78% |
| Net Income | 258.66M | -48.26M | -46.3M | 92.14M | -549.18M | 360.06M | 386.77M | 232.04M | -201.27M | -519.71M |
| Depreciation & Amortization | 144.77M | 173.75M | 181.77M | 186.43M | 164.98M | 141.14M | 137.62M | 142.59M | 135.8M | 122.55M |
| Stock-Based Compensation | 46.15M | 39.93M | 41.78M | 49.62M | 42.07M | 43.79M | 36.81M | 43M | 52.97M | 47.97M |
| Deferred Taxes | -41.83M | 55.91M | -38.54M | 38.13M | 43.99M | -2.64M | -152.4M | -23.69M | -61.79M | 164.4M |
| Other Non-Cash Items | 81.54M | 153.38M | -206.57M | 15.72M | 308.09M | 99.93M | 10M | 39.53M | 52.23M | 87.7M |
| Working Capital Changes | -184.8M | -140.65M | 696.1M | 126.99M | 202.91M | 22.54M | -428.71M | -79.5M | -37.27M | 151.97M |
| Change in Receivables | -249.85M | -79.11M | 186.83M | -45.45M | 167.61M | -31.15M | -62.16M | -3.91M | 79.98M | 8.18M |
| Change in Inventory | -148.06M | -222.39M | 109.92M | 149.52M | 15.31M | 93.29M | -373.71M | 216.48M | 10.94M | 38.67M |
| Change in Payables | 211.33M | 145.69M | 26.41M | 59.46M | -40.67M | 26.03M | 77.56M | -197.89M | -58.47M | 21.78M |
| Cash from Investing | -381.14M | -282.99M | -202.9M | -147.11M | 66.34M | -68.35M | -152.8M | -105.33M | -126.35M | -700.86M |
| Capital Expenditures | -386.75M | -281.34M | -170.38M | -145.8M | -92.29M | -69.76M | -187.8M | -150.33M | -168.68M | -100.79M |
| CapEx % of Revenue | 8% | 5.64% | 3.28% | 2.77% | 1.62% | 1.23% | 3.18% | 2.64% | 3.27% | - |
| Acquisitions | 0 | 0 | -39.21M | 0 | 158.64M | 0 | 35M | 45M | 42.33M | 1.67M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -875K | -1.65M | -4.6M | -1.31M | 0 | 1.41M | 0 | 0 | 0 | -500K |
| Cash from Financing | 206M | 106.76M | -189.87M | -137.07M | 436.85M | -418.74M | -126.38M | -78.69M | -180.81M | 334.13M |
| Debt Issued (Net) | - | - | - | - | - | - | - | 0 | -80.92M | 473.53M |
| Equity Issued (Net) | - | - | - | - | - | - | - | -1000K | -1000K | -448K |
| Dividends Paid | -2.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -130.15M | -75M | -90M | -50M |
| Other Financing | 1.38B | 771.76M | 505.13M | 25.75M | 1.24B | 87.54M | 3.78M | -3.69M | -9.89M | -91.17M |
| Net Change in Cash | 120.62M▲ 0% | 62.01M▼ 48.6% | 247.93M▲ 299.8% | 229.95M▼ 7.3% | 732.51M▲ 218.6% | 154.35M▼ 78.9% | -294.4M▼ 290.7% | 150.17M▲ 151.0% | -361.87M▼ 341.0% | -276.77M▲ 0% |
| Free Cash Flow | -82.26M▲ 0% | -47.28M▲ 42.5% | 457.85M▲ 1068.5% | 363.23M▼ 20.7% | 120.57M▼ 66.8% | 595.07M▲ 393.5% | -197.71M▼ 133.2% | 203.64M▲ 203.0% | -228M▼ 212.0% | -45.91M▲ 0% |
| FCF Margin % | -1.7% | -0.95% | 8.82% | 6.9% | 2.12% | 10.47% | -3.35% | 3.57% | -4.42% | -0.92% |
| FCF Growth % | 76.02% | 42.53% | 1068.45% | -20.67% | -66.81% | 393.54% | -133.22% | 203% | -211.97% | 70.12% |
| FCF per Share | -0.18 | -0.11 | 1.03 | 0.80 | 0.27 | 1.27 | -0.43 | 0.45 | -0.53 | -0.53 |
| FCF Conversion (FCF/Net Income) | 1.18x | -4.85x | -13.57x | 5.52x | 0.59x | 1.85x | -0.03x | 1.53x | 0.29x | 0.09x |
| Interest Paid | - | - | - | - | - | - | - | 4.43M | 10.54M | 0 |
| Taxes Paid | - | - | - | - | - | - | - | 0 | 0 | 18.58M |
UA Key Ratios
Under Armour, Inc. (UA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 13.89% | -2.38% | -2.29% | 4.42% | 18.82% | 21.15% | 20.27% | 11.27% | -9.95% | -36.22% |
| Return on Invested Capital (ROIC) | 13.03% | 0.8% | -0.78% | 7.32% | 15.12% | 16.73% | 7.95% | 6.25% | -5.12% | -5.12% |
| Gross Margin | 46.52% | 45.13% | 45.07% | 46.9% | 50.35% | 50.35% | 44.79% | 46.13% | 47.92% | 46.58% |
| Net Margin | 5.32% | -0.97% | -0.89% | 1.75% | 6.34% | 6.34% | 6.34% | 4.07% | -3.9% | -10.44% |
| Debt / Equity | 0.40x | 0.45x | 0.36x | 0.60x | 1.20x | 0.85x | 0.77x | 0.67x | 0.69x | 0.69x |
| Interest Coverage | 15.79x | 0.81x | -0.75x | 11.15x | 10.29x | - | - | - | - | -6.62x |
| FCF Conversion | 1.18x | -4.85x | -13.57x | 5.52x | 0.59x | 1.85x | -0.03x | 1.53x | 0.29x | 0.09x |
| Revenue Growth | 21.95% | 3.23% | 4.09% | 1.42% | 7.9% | 0% | 3.87% | -3.41% | -9.43% | -2.72% |
UA SEC Filings & Documents
Under Armour, Inc. (UA) SEC filings — annual & quarterly reports (10-K, 10-Q)
UA Frequently Asked Questions
Under Armour, Inc. (UA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Under Armour, Inc. (UA) reported $4.98B in revenue for fiscal year 2025. This represents a 4211% increase from $115.4M in 2004.
Under Armour, Inc. (UA) saw revenue decline by 9.4% over the past year.
Under Armour, Inc. (UA) reported a net loss of $519.7M for fiscal year 2025.
Dividend & Returns
Under Armour, Inc. (UA) has a return on equity (ROE) of -10.0%. Negative ROE indicates the company is unprofitable.
Under Armour, Inc. (UA) had negative free cash flow of $45.9M in fiscal year 2025, likely due to heavy capital investments.
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