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Friday 6 November 2026 Export UA’s income statement to Excel — free account

Under Armour, Inc.

UA Consumer Cyclical Apparel Manufacturing

Under Armour, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $5.0 billion, down 3.83% from fiscal 2025.

Revenue
−6.87%
EPS
+97.5%
Free cash flow
+600.8%
Total debt
−51.2%

Quarter to September 2026, against a year earlier

5.33 0.03 −0.56%
Market cap
$2.3B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
2/9
Altman Z
1.85
Beneish M
−3.03
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Under Armour, Inc. (UA) Debt to equity

Alert me on Debt to equity

Under Armour, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.4×, down 0.4× from fiscal 2026 (0.8×). Over the past ten years it has ranged from 0.3× (fiscal 2024) to 0.8× (fiscal 2026) — the current reading is the highest in ten years. That is above the Apparel Manufacturing industry median of 0.2× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.8× 167.38%
FY2025 0.3× 0.32%
FY2024 0.3× (58.78%)
FY2023 0.8× 121.95%
FY2023 0.3× (11.78%)
FY2022 0.4× 1.33%
FY2021 0.4× (44.87%)
FY2020 0.7× 108.20%
FY2019 0.3× (7.50%)
FY2018 0.4× (20.45%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.4× (3.38%)
Jun 2026 0.4× (50.83%)
Mar 2026 0.8× 22.04%
Dec 2025 0.7× 7.61%
43 more quarters

Against its own ten years

Low 0.3× High 0.8×
Ten-year median 0.4×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
FIGS FIGS, Inc. compare 0.0×
COLM Columbia Sportswear Company compare 0.0×
GIII G-III Apparel Group, LTD. compare 0.0×
ZGN Ermenegildo Zegna N.V. compare 0.2×
UAA Under Armour, Inc. compare 0.4×
UA Under Armour, Inc. 0.4×
PVH PVH Corp. compare 0.5×
VFC V.F. Corporation compare 1.7×
KTB Kontoor Brands, Inc. compare 2.0×
Apparel Manufacturing industry median 0.2×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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