Cash flow Under Armour, Inc.

Equities

UAA

US9043111072

Apparel & Accessories

Real-time Estimate Cboe BZX Other stock markets 15:38:19 10/09/2024 BST			5-day change	1st Jan Change
6.855 ^USD	-8.11%		-15.43%	-21.10%

01:32pm	Four steps back, one step forward
12:25pm	Under Armour Sees Larger Fiscal 2025 Loss After Raising Restructuring Plan Cost Estimates	MT

126fd45e13f.Ck3Itm3lWGvHcnTTCD2_MHpz5HB8G5hnsiVzShE7aYk.eDixwAXIPD6iGFm1bmz-VCoUlwQ4fdICn1UFD3kML_NANKvPCYwVOoIUOQ

Published financial data: UNDER ARMOUR, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	4.47B	5.68B	5.2B	5.9B	5.7B
Total Revenues	4.47B	5.68B	5.2B	5.9B	5.7B
Cost of Goods Sold, Total	2.3B	2.82B	2.78B	3.25B	3.07B
Gross Profit	2.17B	2.86B	2.42B	2.65B	2.63B
Selling General & Admin Expenses, Total	2.17B	2.34B	2.38B	2.36B	2.39B
Amortization of Goodwill and Intangible Assets - (IS)	7M	2M	2M	1.9M	1.5M
Other Operating Expenses, Total	2.18B	2.34B	2.38B	2.36B	2.39B
Operating Income	-7.46M	525M	42.87M	286M	236M
Interest Expense, Total	-47.26M	-44.3M	-24.62M	-12.83M	-
Interest And Investment Income	-	-	-	-	268K
Net Interest Expenses	-47.26M	-44.3M	-24.62M	-12.83M	268K
Income (Loss) On Equity Invest.	-7.25M	1.26M	2.93M	-2.04M	-26K
Currency Exchange Gains (Loss)	-2.15M	-8.5M	17.92M	-8.3M	8.3M
Other Non Operating Income (Expenses)	-9.02M	-42.61M	-18.13M	25.08M	18.76M
EBT, Excl. Unusual Items	-73.13M	431M	20.98M	288M	263M
Restructuring Charges	-473M	-41.03M	-227M	-	-
Merger & Related Restructuring Charges	-1M	-	-	-	-
Impairment of Goodwill	-51.58M	-	-	-	-
Gain (Loss) On Sale Of Assets	179M	-	-	-	5M
Asset Writedown	-89.67M	-	-	-2M	-6.2M
Other Unusual Items	9M	2.5M	-	-	-
EBT, Incl. Unusual Items	-500M	392M	-206M	286M	262M
Income Tax Expense	49.39M	32.07M	32.72M	-101M	30.01M
Earnings From Continuing Operations	-549M	360M	-238M	387M	232M
Net Income to Company	-549M	360M	-238M	387M	232M
Net Income - (IS)	-549M	360M	-238M	387M	232M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-549M	360M	-238M	387M	232M
Net Income to Common Excl. Extra Items	-549M	360M	-238M	387M	232M
Per Share Items
Net EPS - Basic	-1.21	0.77	-0.51	0.86	0.53
Basic EPS - Continuing Operations	-1.21	0.77	-0.51	0.86	0.53
Basic Weighted Average Shares Outstanding	454M	466M	471M	451M	440M
Net EPS - Diluted	-1.21	0.77	-0.52	0.84	0.52
Diluted EPS - Continuing Operations	-1.21	0.77	-0.52	0.84	0.52
Diluted Weighted Average Shares Outstanding	454M	469M	471M	462M	451M
Normalized Basic EPS	-0.1	0.58	0.03	0.4	0.37
Normalized Diluted EPS	-0.1	0.57	0.03	0.39	0.36
Payout Ratio	-	-	-	-	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	158M	666M	183M	423M	379M
EBITA	-463K	527M	44.87M	288M	237M
EBIT	-7.46M	525M	42.87M	286M	236M
EBITDAR	314M	825M	86.14M	586M	612M
Effective Tax Rate - (Ratio)	-9.88	8.18	-15.91	-35.36	11.45
Current Domestic Taxes	-30.01M	-1.59M	-	22.25M	23.97M
Current Foreign Taxes	16.72M	36.3M	-	29.1M	29.73M
Total Current Taxes	-13.29M	34.71M	-	51.36M	53.7M
Deferred Domestic Taxes	51.21M	1.5M	-	-159M	-22.27M
Deferred Foreign Taxes	11.47M	-4.14M	-	6.66M	-1.42M
Total Deferred Taxes	62.68M	-2.64M	-	-152M	-23.69M
Normalized Net Income	-45.71M	269M	13.11M	180M	165M
Interest on Long-Term Debt	47.3M	44.3M	6.2M	12.8M	22.8M
Supplemental Operating Expense Items
Advertising Expense	-	649M	-	618M	568M
Marketing Expenses	550M	-	-	-	-
Selling and Marketing Expenses	631M	732M	-	698M	648M
Net Rental Expense, Total	157M	159M	40.46M	163M	233M
Imputed Operating Lease Interest Expense	35.85M	32.13M	-	11.16M	-
Imputed Operating Lease Depreciation	121M	127M	-	152M	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	42.07M	43.79M	50.26M	40.11M	51.9M
Total Stock-Based Compensation	42.07M	43.79M	50.26M	40.11M	51.9M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.52B	1.67B	1.01B	712M	859M
Total Cash And Short Term Investments	1.52B	1.67B	1.01B	712M	859M
Accounts Receivable, Total	550M	586M	695M	760M	771M
Total Receivables	550M	586M	695M	760M	771M
Inventory	896M	811M	824M	1.19B	958M
Prepaid Expenses	188M	199M	231M	215M	217M
Restricted Cash	11.15M	13.42M	12.99M	15.82M	18.23M
Other Current Assets, Total	60.28M	57.06M	60.26M	66.54M	40.55M
Total Current Assets	3.22B	3.34B	2.83B	2.96B	2.86B
Gross Property Plant And Equipment	2.08B	2.01B	2B	2.23B	2.26B
Accumulated Depreciation	-884M	-949M	-977M	-1.06B	-1.16B
Net Property Plant And Equipment	1.2B	1.06B	1.02B	1.16B	1.1B
Long-term Investments	-	6.8M	-	-	-
Goodwill	502M	495M	492M	482M	478M
Other Intangibles, Total	13.3M	11.01M	10.58M	8.94M	7M
Deferred Tax Assets Long-Term	23.93M	17.81M	20.14M	186M	221M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	72.88M	68.67M	76.02M	58.36M	91.52M
Total Assets	5.03B	4.99B	4.45B	4.86B	4.76B
Liabilities
Accounts Payable, Total	576M	613M	560M	649M	484M
Accrued Expenses, Total	379M	460M	318M	355M	247M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	80.92M
Current Portion of Leases	163M	139M	135M	141M	139M
Current Income Taxes Payable	-	-	-	-	22.16M
Other Current Liabilities	296M	238M	285M	212M	192M
Total Current Liabilities	1.41B	1.45B	1.3B	1.36B	1.17B
Long-Term Debt	1B	663M	672M	674M	595M
Long-Term Leases	839M	703M	669M	706M	628M
Other Non Current Liabilities	98.39M	86.58M	84.01M	122M	219M
Total Liabilities	3.35B	2.9B	2.72B	2.86B	2.61B
Common Stock, Total	150K	158K	153K	147K	144K
Additional Paid In Capital	1.06B	1.11B	1.05B	1.14B	1.18B
Retained Earnings	674M	1.03B	722M	930M	1.05B
Comprehensive Income and Other	-59.18M	-47.61M	-40.09M	-67.84M	-77.12M
Total Common Equity	1.68B	2.09B	1.73B	2B	2.15B
Total Equity	1.68B	2.09B	1.73B	2B	2.15B
Total Liabilities And Equity	5.03B	4.99B	4.45B	4.86B	4.76B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	455M	476M	462M	445M	436M
ECS Total Common Shares Outstanding	455M	476M	462M	445M	436M
Book Value / Share	3.68	4.39	3.75	4.5	4.94
Tangible Book Value	1.16B	1.58B	1.23B	1.51B	1.67B
Tangible Book Value Per Share	2.55	3.32	2.66	3.39	3.83
Total Debt	2.01B	1.5B	1.48B	1.52B	1.44B
Net Debt	488M	-165M	467M	809M	584M
Debt Equivalent Oper. Leases	1.25B	1.27B	-	1.3B	1.87B
Equity Method Investments, Total	-	6.8M	-	-	-
Account Code - Inventory Valuation	5	5	3	5	5
Inventories - Others	-	843M	-	1.23B	1B
Land - (BS)	83.63M	83.63M	83.63M	83.63M	82.41M
Buildings, Total	48.38M	48.38M	48.38M	48.63M	68.23M
Machinery, Total	492M	570M	574M	600M	619M
Full Time Employees	7K	7.1K	-	7.6K	6.8K
Part Time Employees	7.01K	7.38K	-	6.96K	7.63K
Accumulated Allowance for Doubtful Accounts (Supple)	20.35M	14.16M	14.14M	11.04M	15.22M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-549M	360M	-238M	387M	232M
Depreciation & Amortization - CF	158M	139M	138M	136M	141M
Amortization of Goodwill and Intangible Assets - (CF)	7M	2M	2M	1.9M	1.5M
Depreciation & Amortization, Total	165M	141M	140M	138M	143M
(Gain) Loss From Sale Of Asset	-176M	4.47M	6.42M	2.62M	1.62M
(Gain) Loss on Sale of Investments - (CF)	12.07M	16.89M	2.2M	2.19M	2.03M
Asset Writedown & Restructuring Costs	471M	26.94M	-7.48M	1.96M	6.18M
Stock-Based Compensation (CF)	42.07M	43.79M	47.06M	36.81M	43M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	45.04M	49M	-65.34M	-149M	6M
Change In Accounts Receivable	168M	-31.15M	-528M	-62.16M	-3.91M
Change In Inventories	15.31M	93.29M	-25.7M	-374M	216M
Change In Accounts Payable	-40.67M	26.03M	-220M	77.56M	-198M
Change In Income Taxes	2.51M	-1.97M	18.26M	6.12M	-60.35M
Change in Other Net Operating Assets	58.15M	-63.65M	-415M	-76.52M	-33.83M
Cash from Operations	213M	665M	-1.29B	-9.91M	354M
Capital Expenditure	-92.29M	-69.76M	-160M	-188M	-150M
Sale of Property, Plant, and Equipment	-	1.41M	-	-	-
Cash Acquisitions	-40.28M	-	-	-	-
Divestitures	199M	-	-	35M	45M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	66.34M	-68.35M	-160M	-153M	-105M
Long-Term Debt Issued, Total	1.29B	-	-	-	-
Total Debt Issued	1.29B	-	-	-	-
Long-Term Debt Repaid, Total	-800M	-506M	-	-	-
Total Debt Repaid	-800M	-506M	-	-	-
Issuance of Common Stock	4.74M	3.69M	3.74M	3.78M	3.19M
Repurchase of Common Stock	-3.68M	-5.98M	-1.25B	-130M	-81.16M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-52.97M	89.84M	-	-	-720K
Cash from Financing	437M	-419M	-1.24B	-126M	-78.69M
Foreign Exchange Rate Adjustments	16.44M	-23.39M	44.54M	-5.32M	-19.78M
Net Change in Cash	733M	154M	-2.64B	-294M	150M
Supplemental Items
Cash Interest Paid	28.63M	25.23M	-	-	-
Cash Income Tax Paid (Refund)	24.44M	42.62M	-	28.54M	83.13M
Levered Free Cash Flow	244M	515M	-	-211M	151M
Unlevered Free Cash Flow	273M	543M	-	-203M	151M
Change In Net Working Capital	-163M	-99.56M	-	372M	40.52M
Net Debt Issued / Repaid	489M	-506M	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-0.09	6.55	-	3.84	3.08
Return on Total Capital	-0.13	9.02	-	5.31	4.16
Return On Equity %	-28.71	19.13	-	20.75	11.27
Return on Common Equity	-28.71	19.13	-	20.75	11.27
Margin Analysis
Gross Profit Margin %	48.55	50.36	46.52	44.88	46.13
SG&A Margin	48.56	41.09	45.65	40	41.97
EBITDA Margin %	3.52	11.72	3.51	7.17	6.64
EBITA Margin %	-0.01	9.27	0.86	4.87	4.16
EBIT Margin %	-0.17	9.23	0.82	4.84	4.14
Income From Continuing Operations Margin %	-12.27	6.34	-4.58	6.55	4.07
Net Income Margin %	-12.27	6.34	-4.58	6.55	4.07
Net Avail. For Common Margin %	-12.27	6.34	-4.58	6.55	4.07
Normalized Net Income Margin	-1.02	4.74	0.25	3.05	2.89
Levered Free Cash Flow Margin	5.45	9.06	-	-3.58	2.65
Unlevered Free Cash Flow Margin	6.11	9.55	-	-3.44	2.65
Asset Turnover
Asset Turnover	0.91	1.13	-	1.27	1.19
Fixed Assets Turnover	3.47	5.05	-	5.41	5.11
Receivables Turnover (Average Receivables)	7.02	10	-	8.12	7.42
Inventory Turnover (Average Inventory)	2.57	3.3	-	3.23	2.87
Short Term Liquidity
Current Ratio	2.28	2.3	2.18	2.18	2.46
Quick Ratio	1.46	1.56	1.31	1.08	1.4
Operating Cash Flow to Current Liabilities	0.15	0.46	-0.99	-0.01	0.3
Days Sales Outstanding (Average Receivables)	52.12	36.49	-	44.97	49.33
Days Outstanding Inventory (Average Inventory)	142.15	110.44	-	112.98	127.74
Average Days Payable Outstanding	94.77	79.3	-	60.97	72.84
Cash Conversion Cycle (Average Days)