Under Armour, Inc. (UAA) Financial Ratios
24 years of historical data (2003–2026) · Consumer Cyclical · Apparel - Manufacturers
EV/EBITDA
↑
56.79
↑+174% vs avg
5yr avg: 20.70
30Y Low10.5·High55.9
P/FCF
↑
N/A
—
5yr avg: 14.67
30Y Low13.0·High189.7
P/B Ratio
↓
1.83
↓-20% vs avg
5yr avg: 2.27
30Y Low1.4·High11.7
ROE
↓
-30.0%
↑-1333% vs avg
5yr avg: 2.4%
30Y Low-30%·High99%
Debt/EBITDA
↑
26.13
↑+223% vs avg
5yr avg: 8.08
30Y Low0.1·High26.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UAA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Under Armour, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.6B | $2.5B | $2.7B | $3.3B | $4.2B | $7.7B | $10.1B | $9.8B | $7.9B | $6.4B | $12.9B |
| Enterprise Value | $4.2B | $4.2B | $3.5B | $3.9B | $5.0B | $8.2B | $10.7B | $10.3B | $8.0B | $7.0B | $13.5B |
| P/E Ratio → | -5.22 | — | — | 14.19 | 10.91 | 21.54 | — | 108.00 | — | — | 64.56 |
| P/S Ratio | 0.52 | 0.51 | 0.52 | 0.58 | 0.71 | 1.36 | 2.25 | 1.86 | 1.52 | 1.27 | 2.67 |
| P/B Ratio | 1.83 | 1.78 | 1.43 | 1.55 | 2.15 | 4.47 | 5.68 | 4.56 | 3.91 | 3.15 | 6.36 |
| P/FCF | — | — | — | 16.35 | — | 12.99 | 83.46 | 27.01 | 17.21 | — | — |
| P/OCF | — | — | — | 9.40 | — | 11.62 | 47.27 | 19.28 | 12.54 | 27.17 | 42.45 |
P/E links to full P/E history page with 30-year chart
UAA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Under Armour, Inc.'s enterprise value stands at 56.8x EBITDA, 174% above its 5-year average of 20.7x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 366% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.84 | 0.68 | 0.69 | 0.85 | 1.44 | 2.39 | 1.96 | 1.55 | 1.40 | 2.79 |
| EV / EBITDA | 56.79 | 55.93 | 11.40 | 10.51 | 12.60 | 13.06 | — | 24.39 | 51.35 | 34.55 | 24.00 |
| EV / EBIT | — | — | 20.46 | 17.03 | 19.08 | 15.56 | — | 43.60 | — | 287.44 | 32.53 |
| EV / FCF | — | — | — | 19.21 | — | 13.77 | 88.63 | 28.42 | 17.58 | — | — |
UAA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Under Armour, Inc. earns an operating margin of -0.7%, below the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 4.0% to -0.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -30.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.5% | 45.5% | 47.9% | 46.1% | 44.8% | 50.3% | 48.3% | 46.9% | 45.1% | 45.1% | 46.5% |
| Operating Margin | -0.7% | -0.7% | 3.3% | 4.0% | 4.5% | 8.6% | -13.7% | 4.5% | -0.5% | 0.6% | 8.6% |
| Net Profit Margin | -10.0% | -10.0% | -3.9% | 4.1% | 6.3% | 6.3% | -12.3% | 1.7% | -0.9% | -1.0% | 5.3% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -30.0% | -30.0% | -10.0% | 11.3% | 20.3% | 20.6% | -28.0% | 4.4% | -2.3% | -2.4% | 13.9% |
| ROA | -11.4% | -11.4% | -4.4% | 4.8% | 8.1% | 7.7% | -11.3% | 2.0% | -1.1% | -1.3% | 7.9% |
| ROIC | -0.9% | -0.9% | 4.7% | 6.3% | 8.0% | 15.9% | -18.2% | 7.3% | -0.8% | 0.8% | 13.0% |
| ROCE | -1.2% | -1.2% | 5.0% | 6.5% | 8.0% | 14.2% | -17.3% | 7.5% | -0.9% | 0.9% | 15.6% |
UAA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Under Armour, Inc. carries a Debt/EBITDA ratio of 26.1x, which is highly leveraged (447% above the sector average of 4.8x). Net debt stands at $1.6B ($1.9B total debt minus $309M cash).
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.37 | 1.37 | 0.69 | 0.67 | 0.77 | 0.85 | 1.11 | 0.60 | 0.36 | 0.45 | 0.40 |
| Debt / EBITDA | 26.13 | 26.13 | 4.23 | 3.87 | 3.81 | 2.35 | — | 3.07 | 4.65 | 4.55 | 1.45 |
| Net Debt / Equity | — | 1.15 | 0.42 | 0.27 | 0.41 | 0.27 | 0.35 | 0.24 | 0.08 | 0.30 | 0.28 |
| Net Debt / EBITDA | 21.97 | 21.97 | 2.60 | 1.57 | 2.03 | 0.74 | — | 1.21 | 1.09 | 3.00 | 1.01 |
| Debt / FCF | — | — | — | 2.87 | — | 0.78 | 5.17 | 1.41 | 0.37 | — | — |
| Interest Coverage | -1.17 | -1.17 | 28.14 | — | 20.55 | 11.89 | -0.25 | 11.15 | -1.02 | 0.70 | 15.69 |
UAA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.62x means Under Armour, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.08x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.46x to 1.62x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.62 | 1.62 | 2.10 | 2.46 | 2.17 | 2.18 | 2.56 | 1.90 | 1.97 | 2.20 | 2.85 |
| Quick Ratio | 1.08 | 1.08 | 1.25 | 1.63 | 1.30 | 1.55 | 1.87 | 1.27 | 1.20 | 1.11 | 1.52 |
| Cash Ratio | 0.55 | 0.55 | 0.45 | 0.74 | 0.52 | 0.78 | 1.09 | 0.55 | 0.42 | 0.29 | 0.36 |
| Asset Turnover | — | 1.12 | 1.20 | 1.20 | 1.22 | 1.28 | 0.91 | 1.09 | 1.22 | 1.25 | 1.32 |
| Inventory Turnover | 2.96 | 2.96 | 2.85 | 3.20 | 2.75 | 3.42 | 2.72 | 3.13 | 2.80 | 2.36 | 2.82 |
| Days Sales Outstanding | — | 50.11 | 47.75 | 48.48 | 46.90 | 45.10 | 56.80 | 49.11 | 45.86 | 44.60 | 47.02 |
UAA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Under Armour, Inc. returns 1.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 0.0% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 7.0% | 9.2% | 4.6% | — | 0.9% | — | — | 1.5% |
| FCF Yield | — | — | — | 6.1% | — | 7.7% | 1.2% | 3.7% | 5.8% | — | — |
| Buyback Yield | 1.0% | 1.0% | 3.3% | 2.3% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.0% | 1.0% | 3.3% | 2.3% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $427M | $432M | $451M | $445M | $454M | $454M | $454M | $446M | $441M | $445M |
Peer Comparison
Compare UAA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 UAAYou | $3B | -5.2 | 56.8 | — | 45.5% | -0.7% | -30.0% | -0.9% | 26.1 |
 NKE | $54B | 20.9 | 12.7 | 16.5 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 |
 COLM | $3B | 20.5 | 15.0 | 16.1 | 50.2% | 6.0% | 10.2% | 8.0% | 3.3 |
 CROX | $6B | -83.4 | 8.0 | 9.5 | 57.0% | 22.0% | -5.2% | 21.7% | 1.7 |
 WWW | $1B | 15.4 | 10.9 | 11.9 | 47.0% | 8.0% | 25.9% | 11.6% | 4.2 |
 LULU | $13B | 8.4 | 4.7 | 13.8 | 56.6% | 19.9% | 34.0% | 37.4% | 0.7 |
 PVH | $4B | 145.4 | 29.1 | 6.6 | 57.5% | 7.3% | 0.5% | 6.1% | 17.5 |
 HBI | $2B | -7.1 | 16.6 | 10.1 | 38.8% | 5.3% | -141.4% | 4.5% | 9.2 |
 RL | $25B | 27.3 | 22.2 | 33.8 | 69.9% | 14.5% | 34.7% | 24.7% | 2.5 |
 VFC | $7B | 27.1 | 12.3 | 13.4 | 54.8% | 6.3% | 15.3% | 7.3% | 5.6 |
 GIL | $8B | 19.6 | 14.1 | 16.6 | 30.2% | 19.8% | 16.2% | 9.8% | 5.5 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 24 years · Updated daily
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UAA — Frequently Asked Questions
Quick answers to the most common questions about buying UAA stock.
What is Under Armour, Inc.'s P/E ratio?
Under Armour, Inc.'s current P/E ratio is -5.2x. The historical average is 51.7x.
What is Under Armour, Inc.'s EV/EBITDA?
Under Armour, Inc.'s current EV/EBITDA is 56.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.7x.
What is Under Armour, Inc.'s ROE?
Under Armour, Inc.'s return on equity (ROE) is -30.0%. The historical average is 19.3%.
Is UAA stock overvalued?
Based on historical data, Under Armour, Inc. is trading at a P/E of -5.2x. Compare with industry peers and growth rates for a complete picture.
What are Under Armour, Inc.'s profit margins?
Under Armour, Inc. has 45.5% gross margin and -0.7% operating margin.
How much debt does Under Armour, Inc. have?
Under Armour, Inc.'s Debt/EBITDA ratio is 26.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.