UAANYSEApparel & Other Finishd Prods of Fabrics & Similar MatlFiscal year ends March 31Also trades as UA
Under Armour, Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$4.76+0.02 (+0.42%)
Close on Oct 19, 2026
- Market cap
- $2.06B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2010 to 2026
Gross margin
45.5%−1.4 pts over 5 years
Operating margin
-3.3%−7.8 pts over 5 years
Net margin
-10.0%−11.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.8% | – | -2.7% | +0.3% | |
| Gross profit | -8.7% | – | -4.6% | +0.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 15.4% | 4.4% | -30.0% | |
| Return on assets | 9.4% | 2.0% | -11.4% | |
| Current ratio | 3.13 | 1.90 | 1.62 | |
| Debt to equity | 0.40 | 0.28 | 0.84 | |
| Net debt to EBITDA | 1.05× | -0.48× | -16.48× | |
| Interest coverage | 28.0× | – | -3.1× | |
| Inventory turnover | 3.1× | 2.9× | 2.9× | |
| Capex to revenue | 7.5% | 2.8% | 1.8% | |
| Diluted shares | 442M | 454M | 427M |
Where the cash went
Fiscal 2020 to 2026, five years combined
Under Armour generated $1.36B from operations and spent $754.42M on capital expenditure, dividends and share buybacks. 75% of that went back into the business.
Generated
$1.36B
Used
$754.42M
Capital expenditure$564.42M75%Dividends$00%Share buybacks$190.00M25%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-10.0%
×Asset turnover1.14×
×Equity multiplier2.64×
=Return on equity, FY2026-30.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -10.0% | 1.14× | 2.64× | -30.0% |
| FY2025 | -3.9% | 1.14× | 2.24× | -10.0% |
| FY2021 | 6.2% | 1.13× | 2.68× | 18.8% |
| FY2020 | -12.3% | 0.91× | 2.59× | -28.8% |
| FY2019 | 1.7% | 1.16× | 2.18× | 4.4% |
| FY2018 | -0.9% | 1.26× | 2.04× | -2.3% |
| FY2017 | -1.0% | 1.30× | 1.89× | -2.4% |
| FY2016 | 5.3% | 1.48× | 1.76× | 13.9% |
| FY2015 | 5.9% | 1.60× | 1.64× | 15.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$495.64M
- Cash generatingOperating cash flow above zero-$75.09M
- Return on assets improvedROA up on the prior year-4.2% → -11.5%
- Earnings backed by cashOperating cash flow above net income-$75.09M vs -$495.64M
- Less leverageLong-term debt to assets fell13.8% → 13.4%
- Better liquidityCurrent ratio rose2.10 → 1.62
- No dilutionShare count did not rise432M → 427M
- Gross margin improvedGross margin up on the prior year47.92% → 45.48%
- More efficientAsset turnover rose1.08 → 1.15