Cash flow Under Armour, Inc.

Equities

UAA

US9043111072

Apparel & Accessories

Market Closed - Nyse Other stock markets 21:00:03 06/02/2026 GMT			5-day change	1st Jan Change
7.560 ^USD	+20.38%		+24.96%	+52.11%

10:25pm	UNDER ARMOUR INC : Barclays reaffirms its Neutral rating	ZD
07:29pm	Truist Securities Adjusts Under Armour Price Target to $8 From $6, Maintains Hold Rating	MT

2895.gy4KYbWeqwdKj5TZveBCM5M98Drf10aNlA-c5NW8HHQ.-kA_M931wVAT6abp0qoVd_Ju3Xy7tgi7oWavo-XUazDQHHAk0cHpY37MoA

Published financial data: UNDER ARMOUR, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	5.68B	5.2B	5.9B	5.7B	5.16B
Total Revenues	5.68B	5.2B	5.9B	5.7B	5.16B
Cost of Goods Sold, Total	2.82B	2.78B	3.25B	3.07B	2.69B
Gross Profit	2.86B	2.42B	2.65B	2.63B	2.47B
Selling General & Admin Expenses, Total	2.34B	2.38B	2.36B	2.39B	2.27B
Amortization of Goodwill and Intangible Assets - (IS)	2M	2M	1.9M	1.5M	1.4M
Other Operating Expenses, Total	2.34B	2.38B	2.36B	2.39B	2.27B
Operating Income	525M	42.87M	286M	236M	202M
Interest Expense, Total	-44.3M	-24.62M	-12.83M	-	-6.12M
Interest And Investment Income	-	-	-	268K	-
Net Interest Expenses	-44.3M	-24.62M	-12.83M	268K	-6.12M
Income (Loss) On Equity Invest.	1.26M	2.93M	-2.04M	-26K	605K
Currency Exchange Gains (Loss)	-8.5M	17.92M	-8.3M	8.3M	-
Other Non Operating Income (Expenses)	-42.61M	-18.13M	25.08M	18.76M	-13.43M
EBT, Excl. Unusual Items	431M	20.98M	288M	263M	183M
Restructuring Charges	-41.03M	-227M	-	-	-89.16M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	5M	-
Asset Writedown	-	-	-2M	-6.2M	-37.2M
Legal Settlements	-	-	-	-	-261M
Other Unusual Items	2.5M	-	-	-	-
EBT, Incl. Unusual Items	392M	-206M	286M	262M	-204M
Income Tax Expense	32.07M	32.72M	-101M	30.01M	-2.89M
Earnings From Continuing Operations	360M	-238M	387M	232M	-201M
Net Income to Company	360M	-238M	387M	232M	-201M
Net Income - (IS)	360M	-238M	387M	232M	-201M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	360M	-238M	387M	232M	-201M
Net Income to Common Excl. Extra Items	360M	-238M	387M	232M	-201M
Per Share Items
Net EPS - Basic	0.77	-0.51	0.86	0.53	-0.47
Basic EPS - Continuing Operations	0.77	-0.51	0.86	0.53	-0.47
Basic Weighted Average Shares Outstanding	466M	471M	451M	440M	432M
Net EPS - Diluted	0.77	-0.52	0.84	0.52	-0.47
Diluted EPS - Continuing Operations	0.77	-0.52	0.84	0.52	-0.47
Diluted Weighted Average Shares Outstanding	469M	471M	462M	451M	432M
Normalized Basic EPS	0.58	0.03	0.4	0.37	0.26
Normalized Diluted EPS	0.57	0.03	0.39	0.36	0.26
Payout Ratio	-	-	-	-	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	666M	183M	423M	379M	338M
EBITA	527M	44.87M	288M	237M	204M
EBIT	525M	42.87M	286M	236M	202M
EBITDAR	825M	86.14M	586M	612M	581M
Effective Tax Rate - (Ratio)	8.18	-15.91	-35.36	11.45	1.42
Current Domestic Taxes	-1.59M	-	22.25M	23.97M	16.93M
Current Foreign Taxes	36.3M	-	29.1M	29.73M	41.97M
Total Current Taxes	34.71M	-	51.36M	53.7M	58.9M
Deferred Domestic Taxes	1.5M	-	-159M	-22.27M	-53.01M
Deferred Foreign Taxes	-4.14M	-	6.66M	-1.42M	-8.79M
Total Deferred Taxes	-2.64M	-	-152M	-23.69M	-61.79M
Normalized Net Income	269M	13.11M	180M	165M	115M
Interest on Long-Term Debt	44.3M	6.2M	12.8M	22.8M	24.6M
Supplemental Operating Expense Items
Advertising Expense	649M	-	618M	568M	-
Marketing Expenses	-	-	-	-	550M
Selling and Marketing Expenses	732M	-	698M	648M	628M
Net Rental Expense, Total	159M	40.46M	163M	233M	243M
Imputed Operating Lease Interest Expense	32.13M	-	11.16M	-	8.66M
Imputed Operating Lease Depreciation	127M	-	152M	-	234M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	43.79M	50.26M	40.11M	45.8M	54.2M
Total Stock-Based Compensation	43.79M	50.26M	40.11M	45.8M	54.2M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.67B	1.01B	712M	859M	501M
Total Cash And Short Term Investments	1.67B	1.01B	712M	859M	501M
Accounts Receivable, Total	586M	695M	760M	771M	690M
Total Receivables	586M	695M	760M	771M	690M
Inventory	811M	824M	1.19B	958M	946M
Prepaid Expenses	199M	231M	215M	217M	132M
Restricted Cash	13.42M	12.99M	15.82M	18.23M	13.69M
Other Current Assets, Total	57.06M	60.26M	66.54M	40.55M	46.82M
Total Current Assets	3.34B	2.83B	2.96B	2.86B	2.33B
Gross Property Plant And Equipment	2.01B	2B	2.23B	2.26B	2.15B
Accumulated Depreciation	-949M	-977M	-1.06B	-1.16B	-1.12B
Net Property Plant And Equipment	1.06B	1.02B	1.16B	1.1B	1.03B
Long-term Investments	6.8M	-	-	-	-
Goodwill	495M	492M	482M	478M	488M
Other Intangibles, Total	11.01M	10.58M	8.94M	7M	5.22M
Deferred Tax Assets Long-Term	17.81M	20.14M	186M	221M	286M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	68.67M	76.02M	58.36M	91.52M	163M
Total Assets	4.99B	4.45B	4.86B	4.76B	4.3B
Liabilities
Accounts Payable, Total	613M	560M	649M	484M	430M
Accrued Expenses, Total	460M	318M	355M	247M	315M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	80.92M	-
Current Portion of Leases	139M	135M	141M	139M	130M
Current Income Taxes Payable	-	-	-	22.16M	26.31M
Unearned Revenue Current, Total	-	-	-	-	34.34M
Other Current Liabilities	238M	285M	212M	192M	174M
Total Current Liabilities	1.45B	1.3B	1.36B	1.17B	1.11B
Long-Term Debt	663M	672M	674M	595M	595M
Long-Term Leases	703M	669M	706M	628M	574M
Other Non Current Liabilities	86.58M	84.01M	122M	219M	132M
Total Liabilities	2.9B	2.72B	2.86B	2.61B	2.41B
Common Stock, Total	158K	153K	147K	144K	141K
Additional Paid In Capital	1.11B	1.05B	1.14B	1.18B	1.24B
Retained Earnings	1.03B	722M	930M	1.05B	746M
Comprehensive Income and Other	-47.61M	-40.09M	-67.84M	-77.12M	-93.94M
Total Common Equity	2.09B	1.73B	2B	2.15B	1.89B
Total Equity	2.09B	1.73B	2B	2.15B	1.89B
Total Liabilities And Equity	4.99B	4.45B	4.86B	4.76B	4.3B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	476M	462M	445M	436M	426M
ECS Total Common Shares Outstanding	476M	462M	445M	436M	426M
Book Value / Share	4.39	3.75	4.5	4.94	4.44
Tangible Book Value	1.58B	1.23B	1.51B	1.67B	1.4B
Tangible Book Value Per Share	3.32	2.66	3.39	3.83	3.28
Total Debt	1.5B	1.48B	1.52B	1.44B	1.3B
Net Debt	-165M	467M	809M	584M	798M
Debt Equivalent Oper. Leases	1.27B	-	1.3B	1.87B	1.94B
Equity Method Investments, Total	6.8M	-	-	-	-
Account Code - Inventory Valuation	5	3	5	5	5
Inventories - Others	843M	-	1.23B	1B	992M
Land - (BS)	83.63M	83.63M	83.63M	82.41M	74.46M
Buildings, Total	48.38M	48.38M	48.63M	68.23M	272M
Machinery, Total	570M	574M	600M	619M	639M
Full Time Employees	7.1K	-	7.6K	6.8K	6.5K
Part Time Employees	7.38K	-	6.96K	7.63K	7.66K
Accumulated Allowance for Doubtful Accounts (Supple)	14.16M	14.14M	11.04M	15.22M	17.02M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	360M	-238M	387M	232M	-201M
Depreciation & Amortization - CF	139M	138M	136M	141M	134M
Amortization of Goodwill and Intangible Assets - (CF)	2M	2M	1.9M	1.5M	1.4M
Depreciation & Amortization, Total	141M	140M	138M	143M	136M
(Gain) Loss From Sale Of Asset	4.47M	6.42M	2.62M	1.62M	6.37M
(Gain) Loss on Sale of Investments - (CF)	16.89M	2.2M	2.19M	2.03M	2.32M
Asset Writedown & Restructuring Costs	26.94M	-7.48M	1.96M	6.18M	53.76M
Stock-Based Compensation (CF)	43.79M	47.06M	36.81M	43M	52.97M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	49M	-65.34M	-149M	6M	-72.02M
Change In Accounts Receivable	-31.15M	-528M	-62.16M	-3.91M	79.98M
Change In Inventories	93.29M	-25.7M	-374M	216M	10.94M
Change In Accounts Payable	26.03M	-220M	77.56M	-198M	-58.46M
Change In Income Taxes	-1.97M	18.26M	6.12M	-60.35M	14.81M
Change in Other Net Operating Assets	-63.65M	-415M	-76.52M	-33.83M	-84.53M
Cash from Operations	665M	-1.29B	-9.91M	354M	-59.32M
Capital Expenditure	-69.76M	-160M	-188M	-150M	-169M
Sale of Property, Plant, and Equipment	1.41M	-	-	-	-
Cash Acquisitions	-	-	-	-	-8.12M
Divestitures	-	-	35M	45M	58M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-7.55M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-68.35M	-160M	-153M	-105M	-126M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-506M	-	-	-	-80.92M
Total Debt Repaid	-506M	-	-	-	-80.92M
Issuance of Common Stock	3.69M	3.74M	3.78M	3.19M	2.49M
Repurchase of Common Stock	-5.98M	-1.25B	-130M	-81.16M	-100M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	89.84M	-	-	-720K	-2.07M
Cash from Financing	-419M	-1.24B	-126M	-78.69M	-181M
Foreign Exchange Rate Adjustments	-23.39M	44.54M	-5.32M	-19.78M	4.61M
Net Change in Cash	154M	-2.64B	-294M	150M	-362M
Supplemental Items
Cash Interest Paid	25.23M	-	-	-	-
Cash Income Tax Paid (Refund)	42.62M	-	28.54M	83.13M	28.92M
Levered Free Cash Flow	515M	-	-211M	145M	355M
Unlevered Free Cash Flow	543M	-	-203M	145M	359M
Change In Net Working Capital	-99.56M	-	372M	40.52M	-211M
Net Debt Issued / Repaid	-506M	-	-	-	-80.92M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.55	-	3.84	3.08	2.79
Return on Total Capital	9.02	-	5.31	4.16	3.72
Return On Equity %	19.13	-	20.75	11.27	-9.95
Return on Common Equity	19.13	-	20.75	11.27	-9.95
Margin Analysis
Gross Profit Margin %	50.36	46.52	44.88	46.13	47.92
SG&A Margin	41.09	45.65	40	41.97	43.98
EBITDA Margin %	11.72	3.51	7.17	6.64	6.54
EBITA Margin %	9.27	0.86	4.87	4.16	3.94
EBIT Margin %	9.23	0.82	4.84	4.14	3.91
Income From Continuing Operations Margin %	6.34	-4.58	6.55	4.07	-3.9
Net Income Margin %	6.34	-4.58	6.55	4.07	-3.9
Net Avail. For Common Margin %	6.34	-4.58	6.55	4.07	-3.9
Normalized Net Income Margin	4.74	0.25	3.05	2.89	2.22
Levered Free Cash Flow Margin	9.06	-	-3.58	2.54	6.87
Unlevered Free Cash Flow Margin	9.55	-	-3.44	2.54	6.95
Asset Turnover
Asset Turnover	1.13	-	1.27	1.19	1.14
Fixed Assets Turnover	5.05	-	5.41	5.11	4.85
Receivables Turnover (Average Receivables)	10	-	8.12	7.42	7.07
Inventory Turnover (Average Inventory)	3.3	-	3.23	2.87	2.82
Short Term Liquidity
Current Ratio	2.3	2.18	2.18	2.46	2.1
Quick Ratio	1.56	1.31	1.08	1.4	1.07
Operating Cash Flow to Current Liabilities	0.46	-0.99	-0.01	0.3	-0.05
Days Sales Outstanding (Average Receivables)	36.49	-	44.97	49.33	51.62
Days Outstanding Inventory (Average Inventory)	110.44	-	112.98	127.74	129.22
Average Days Payable Outstanding	79.3	-	60.97	72.84	62.29
Cash Conversion Cycle (Average Days)	67.63	-	96.98	104.23	118.55
Long Term Solvency
Total Debt/Equity	72.01	85.38	76.12	67	68.74
Total Debt / Total Capital	41.86	46.06	43.22	40.12	40.74
LT Debt/Equity	65.37	77.58	69.06	56.78	61.86
Long-Term Debt / Total Capital	38.01	41.85	39.21	34	36.66
Total Liabilities / Total Assets	58.15	61.17	58.86	54.77	56.05
EBIT / Interest Expense	11.85	1.74	22.28	-	33.06
EBITDA / Interest Expense	18.62	7.42	45.72	-	94.95
(EBITDA - Capex) / Interest Expense	17.05	0.94	31.08	-	67.37
Total Debt / EBITDA	1.82	8.08	2.59	2.36	2.24
Net Debt / EBITDA	-0.2	2.56	1.38	0.95	1.37
Total Debt / (EBITDA - Capex)	1.99	64.12	3.82	3.13	3.15
Net Debt / (EBITDA - Capex)	-0.22	20.29	2.03	1.27	1.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	27.01	-	3.08	-3.41	-9.43
Gross Profit, 1 Yr. Growth %	31.74	-	-6.65	-0.51	-5.91
EBITDA, 1 Yr. Growth %	325.48	-	-24.94	-5.61	-10.72
EBITA, 1 Yr. Growth %	-36.11K	-	-32.37	-11.23	-14.28
EBIT, 1 Yr. Growth %	-6.3K	-	-32.52	-11.16	-14.33
Earnings From Cont. Operations, 1 Yr. Growth %	-165.56	-	73.67	-38.03	-186.74
Net Income, 1 Yr. Growth %	-165.56	-	73.67	-38.03	-186.74
Normalized Net Income, 1 Yr. Growth %	-680.94	-	-23.86	-1.7	-31.7
Diluted EPS Before Extra, 1 Yr. Growth %	-163.64	-	77.9	-36.5	-191
Accounts Receivable, 1 Yr. Growth %	6.52	-	9.27	0.66	-10.6
Inventory, 1 Yr. Growth %	-9.44	-	44.37	-19.16	-1.32
Net Property, Plant and Equip., 1 Yr. Growth %	-11.69	-	13.73	-3.08	-6.34
Total Assets, 1 Yr. Growth %	-0.78	-	9.08	-1.38	-9.66
Tangible Book Value, 1 Yr. Growth %	36.39	-	22.87	13.07	-16.22
Common Equity, 1 Yr. Growth %	24.64	-	15.58	9.52	-12.21
Cash From Operations, 1 Yr. Growth %	212.33	-	-102.01	-987.45	-116.76
Capital Expenditures, 1 Yr. Growth %	-24.41	-	85.54	-4.89	12.21
Levered Free Cash Flow, 1 Yr. Growth %	111.91	-	-	-178.87	144.8
Unlevered Free Cash Flow, 1 Yr. Growth %	99.1	-	-	-182.46	147.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.88	-	-	-0.22	-6.47
Gross Profit, 2 Yr. CAGR %	7.63	-	-	-3.72	-3.25
EBITDA, 2 Yr. CAGR %	25.45	-	-	-17.83	-8.2
EBITA, 2 Yr. CAGR %	47.28	-	-	-24.98	-12.77
EBIT, 2 Yr. CAGR %	48.88	-	-	-25.05	-12.76
Earnings From Cont. Operations, 2 Yr. CAGR %	97.68	-	-	2.9	-26.69
Net Income, 2 Yr. CAGR %	97.68	-	-	2.9	-26.69
Normalized Net Income, 2 Yr. CAGR %	62.96	-	-	-16.14	-17.29
Diluted EPS Before Extra, 2 Yr. CAGR %	96.21	-	-	5.17	-23.98
Accounts Receivable, 2 Yr. CAGR %	-10.04	-	-	5.31	-5.12
Inventory, 2 Yr. CAGR %	-4.64	-	-	7.82	-10.68
Net Property, Plant and Equip., 2 Yr. CAGR %	-12.67	-	-	3.72	-4.73
Total Assets, 2 Yr. CAGR %	1.51	-	-	3.4	-5.61
Tangible Book Value, 2 Yr. CAGR %	0.61	-	-	16.6	-2.67
Common Equity, 2 Yr. CAGR %	-1.43	-	-	11.6	-1.95
Cash From Operations, 2 Yr. CAGR %	14.28	-	-	-15.12	21.95
Capital Expenditures, 2 Yr. CAGR %	-30.83	-	-	23.36	3.3
Levered Free Cash Flow, 2 Yr. CAGR %	20.94	-	-	-	38.94
Unlevered Free Cash Flow, 2 Yr. CAGR %	21.87	-	-	-	42.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.05	-	-	-	-3.39
Gross Profit, 3 Yr. CAGR %	6.62	-	-	-	-4.45
EBITDA, 3 Yr. CAGR %	22.68	-	-	-	-15.52
EBITA, 3 Yr. CAGR %	41.73	-	-	-	-21.57
EBIT, 3 Yr. CAGR %	43.14	-	-	-	-21.63
Earnings From Cont. Operations, 3 Yr. CAGR %	98.12	-	-	-	-2.8
Net Income, 3 Yr. CAGR %	98.12	-	-	-	-2.8
Normalized Net Income, 3 Yr. CAGR %	46.46	-	-	-	-21.19
Diluted EPS Before Extra, 3 Yr. CAGR %	94.99	-	-	-	0.21
Accounts Receivable, 3 Yr. CAGR %	-4.15	-	-	-	-0.27
Inventory, 3 Yr. CAGR %	-7.33	-	-	-	4.68
Net Property, Plant and Equip., 3 Yr. CAGR %	8.48	-	-	-	0.25
Total Assets, 3 Yr. CAGR %	5.55	-	-	-	-1.15
Tangible Book Value, 3 Yr. CAGR %	3.48	-	-	-	4.43
Common Equity, 3 Yr. CAGR %	1.18	-	-	-	3.02
Cash From Operations, 3 Yr. CAGR %	1.91	-	-	-	-50.58
Capital Expenditures, 3 Yr. CAGR %	-25.75	-	-	-	19.52
Levered Free Cash Flow, 3 Yr. CAGR %	-0.03	-	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	0.38	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.29	-	-	-	-
Gross Profit, 5 Yr. CAGR %	4.94	-	-	-	-
EBITDA, 5 Yr. CAGR %	3.44	-	-	-	-
EBITA, 5 Yr. CAGR %	4.12	-	-	-	-
EBIT, 5 Yr. CAGR %	4.68	-	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	6.98	-	-	-	-
Net Income, 5 Yr. CAGR %	6.98	-	-	-	-
Normalized Net Income, 5 Yr. CAGR %	2.09	-	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	11.59	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-1.2	-	-	-	-
Inventory, 5 Yr. CAGR %	-2.43	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	5.59	-	-	-	-
Total Assets, 5 Yr. CAGR %	6.49	-	-	-	-
Tangible Book Value, 5 Yr. CAGR %	2.44	-	-	-	-
Common Equity, 5 Yr. CAGR %	0.57	-	-	-	-
Cash From Operations, 5 Yr. CAGR %	12.64	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-29	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	46.94	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	56.04	-	-	-	-