Under Armour, Inc.

UAA 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
−3.19%
EPS
+121.3%
Free cash flow
+600.8%
Total debt
−40.2%

Quarter to June 2026, against a year earlier

5.57 0.20 −3.47%
Market cap
$2.4B
P/E
0.0×
Fwd P/E
518×
Dividend yield
—
F-score
2/9
Altman Z
1.86
Beneish M
−3.03
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 224.93
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 2 3 — — — 1 — — 1 — — —
Sell — — — — — — — — — — — —
Insider Ownership 59.87%

Capital & Financial Ratios $m

Size
Market Cap 2,350.00
Revenue ttm 4,930.23
Net income ttm (492.49)
Free cash flow ttm (81.12)
Net debt Q 195.18
Valuation
P/E 0.00
Forward P/E 518.00 (above 35: high)
Price / sales 0.48
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.67
Financial health
Current ratio Q 1.81 (at or above 1.5: strong)
Debt / equity Q 0.41 (at or below 0.5: strong)
Interest coverage Q 4.39
Growth
Revenue growth Q −3.19% (below 0%: shrinking)
Operating income growth Q +1,306.53% (above 0%: growing)
EPS, this year −10.54% (below 0%: weak)
EPS, next year A +73.77% (at or above 15%: strong)
Revenue, next year A −4.80% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +39.09% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 7.26%
10-year low 10-year high
P/B against its own 10 years 18.70%
10-year low 10-year high
EV/Sales against its own 10 years 29.08%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 859 501 915 396
Receivables 757 676 682 646
Inventory 958 946 915 1,109
Other — — — —
2,864 2,329 2,719 2,369
2024 2025 2026 Q'26
Payables 484 430 420 669
ST’ Debt 81 — 600 —
Other 174 200 172 177
1,165 1,109 1,677 1,309

Compound Annual Growth %

10y 5y 3y
Sales 0.27% (2.66%) (5.36%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (3.49%) (3.94%) (10.88%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 0.00 — — — —
’26 (0.01) (0.04) (1.01) (0.10) (1.16)
’25 (0.70) 0.39 0.00 (0.16) (0.47)
’24 — — — 0.01 0.52
’23 0.02 0.24 0.26 — 0.84
’23 0.02 0.19 0.27 (0.13) 0.84
’21 0.13 0.24 0.23 0.17 0.75
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 1,098 — — — —
’26 1,134 1,333 1,328 1,171 4,966
’25 1,184 1,399 1,401 1,181 5,164
’24 — — — 1,332 5,702
’23 1,317 1,567 1,486 — 5,859
’23 1,349 1,574 1,582 1,301 5,903
’21 1,352 1,546 1,528 1,257 5,683
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 109 — — — —
’26 49 (70) 278 (332) (75)
’25 153 (321) 311 (202) (59)
’24 — — — (123) 354
’23 (6) 61 421 — (10)
’23 87 (90) 77 (321) (40)
’21 253 108 455 (151) 661
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 95 — — — —
’26 13 (90) 262 (347) (162)
’25 107 (367) 263 (231) (228)
’24 — — — (157) 204
’23 (39) 19 380 — (10)
’23 52 (148) 23 (361) (198)
’21 234 78 443 (158) 596
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jun ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 4,989 5,193 5,267 4,475 5,683 — 5,859 5,702 5,164 4,966 4,930 (0.1%) 4,728 4,832 5,027 +0.4%
Gross margin, % 45.13 45.07 46.90 48.27 50.34 — 44.39 46.13 47.92 45.48 46.78 +0.4 pt
EBT (10) (68) 210 (493) 380 — 288 262 (205) (201) (166) +39.1%
EBT margin, % (0.21) (1.31) 3.98 (11.01) 6.69 — 4.92 4.60 (3.96) (4.04) (3.37) (3.8) pt
Net income (48) (46) 92 (549) 351 0 387 232 (201) (496) (492) +29.5%
Per share, $
Per share, $ Revenue 11.32 11.65 11.68 9.85 12.21 — 12.99 12.95 11.95 11.64 11.53 +0.3%
Earnings (0.11) (0.10) 0.20 (1.21) 0.75 — 0.84 0.53 (0.47) (1.16) (1.15) +30.0%
Cash flow 0.54 1.41 1.13 0.47 1.42 — (0.02) 0.80 (0.14) (0.18) (0.03) n/m
Capex (0.64) (0.36) (0.32) (0.20) (0.14) — 0.00 (0.34) (0.39) (0.20) (0.15) (11.9%)
Free cash flow (0.10) 1.05 0.81 0.27 1.28 — (0.02) 0.46 (0.53) (0.38) (0.19) +16.0%
Book value 4.58 4.52 4.77 3.69 4.49 0.00 4.43 4.89 4.37 3.32 3.34 (3.5%)
Shares, m 441 446 451 454 466 — 451 440 432 427 427 (0.4%)
Valuation, ×
Valuation, × P/E 0.00 0.00 102.86 0.00 27.52 — 9.54 13.41 0.00 0.00 0.00 17.0
P/S 1.33 1.52 1.85 1.75 1.78 — 0.66 0.56 0.52 0.51 0.48 1.2
P/B 3.28 3.91 4.53 4.66 4.83 — 1.75 1.49 1.43 1.78 1.67 3.1
EV/Sales 1.45 1.55 1.84 1.85 1.74 — 0.60 0.53 0.56 0.56 0.64 1.2
EV/FCF (42.97) 18.49 40.72 (29.86) 16.61 — 14.57 14.91 (12.61) (17.25) (39.17) 0.3
Cash, $m
Cash, $m Operating cash flow 237 628 509 213 661 — (10) 354 (59) (75) (15) n/m
Capex (281) (159) (146) (92) (65) — (188) (150) (169) (87) (66) (12.2%)
Free cash flow (44) 469 363 121 596 — (10) 204 (228) (162) (81) +15.6%
Balance, $m
Balance, $m Working capital 1,277 1,278 1,280 1,810 1,886 1,534 1,603 1,698 1,220 1,042 1,061 (2.2%)
Net debt 605 171 (69) (351) (868) (337) 793 (183) 94 276 195 (8.3%)
Shareholders’ equity 2,019 2,017 2,150 1,676 2,089 1,729 1,998 2,153 1,890 1,414 1,428 (3.9%)
Returns, %
Returns, % ROA (1.26) (1.12) 2.03 (11.12) 7.00 0.00 7.99 4.83 (4.44) (11.37) (10.99) (10.1) pt
ROIC 0.66 (0.71) 7.11 (28.93) 24.33 0.00 0.00 7.29 (5.83) (6.03) (4.61) (6.7) pt
ROE (2.38) (2.29) 4.42 (28.71) 18.65 0.00 19.53 11.18 (9.95) (30.00) (29.82) (27.6) pt
People
People Employees 15,800 15,000 16,400 16,600 17,500 — 15,000 15,000 14,400 14,100 — (1.3%)
Revenue/emp, $m 0.32 0.35 0.32 0.27 0.32 — 0.00 0.38 0.36 0.35 — +1.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 28 Sep 2026

Under Armour, Inc. vs peers in Apparel Manufacturing (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VFC V.F. Corporation $8.0B 21.6× 15.1× −3.84% (below 0%: shrinking) +48.98% (above 0%: growing) +21.05% (above 0%: growing) 55.38% 13.65% Compare
ZGN Ermenegildo Zegna N.V. $5.9B — (loss-making) 32.0× — n/m +56.38% (above 0%: growing) 55.40% 0.00% Compare
KTB Kontoor Brands, Inc. $4.3B 21.7× 13.6× −19.67% (below 0%: shrinking) n/m −2.98% (below 0%: shrinking) 0.00% 0.00% Compare
PVH PVH Corp. $4.3B — (loss-making) 15.0× −3.24% (below 0%: shrinking) n/m +111.16% (above 0%: growing) 63.03% (9.10%) Compare
COLM Columbia Sportswear Company $3.5B 15.1× 14.1× +2.03% (above 0%: growing) +75.47% (above 0%: growing) −15.94% (below 0%: shrinking) 49.76% 11.39% Compare
FIGS FIGS, Inc. $3.4B 45.2× 58.3× +25.73% (above 0%: growing) +140.00% (above 0%: growing) +9,537.66% (above 0%: growing) 69.27% 11.65% Compare
UAA Under Armour, Inc. $2.4B — (loss-making) 518× −3.19% (below 0%: shrinking) n/m +600.79% (above 0%: growing) 54.09% 4.26%
UA Under Armour, Inc. $2.3B — (loss-making) — −3.19% (below 0%: shrinking) n/m +600.79% (above 0%: growing) 54.09% 4.26% Compare
GIII G-III Apparel Group, LTD. $1.4B 10.0× 7.3× −9.65% (below 0%: shrinking) +84.62% (above 0%: growing) +165.05% (above 0%: growing) 45.19% 1.95% Compare
Median of peers $3.9B 21.6× 15.0× −3.24% +80.05% +83.77% 54.74% 3.11%

All 23 Apparel Manufacturing stocks →

Pay and ownership Proxy statement filed 15 July 2026

Ownership

Directors and executive officers, together 64.70% of the votes
Kevin A. Plank 64.60% of the votes
Fairfax Financial Holdings Limited 8.50% of the votes
BlackRock, Inc. 3.80% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Under Armour, Inc. (UAA) Latest News

28 Oct

Impact 4 · · Proactive Investors

27 Oct

Impact 3 · · Simply Wall St.

26 Oct

Impact 3 · · Simply Wall St.

19 Aug

10 Aug

Impact 4 · · just-style.com

9 Aug

Impact 3 · · MarketBeat

UAA metrics, ten years each

stockrow.com/UAA · Data as of Sep 28, 2026 · For information only; not investment advice. · © 2026 stockrow.com