profit from every $100 of sales.

Under Armour
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Under Armour sold, what it kept, and what it did with the cash.
Sales went from $5.90 billion in 2023 to $4.97 billion in 2026, with -$496 million of profit last year.
Under Armour vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Under Armour | No profit yet | ||
Ralph Lauren | 25.0× · Fair price | ||
LPP | 34.2× · Expensive | ||
Levi Strauss & | 16.0× · Fair price | ||
Gildan Activewear | 16.9× · Fair price |
AI analysis
An AI analyst reads Under Armour's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 5,903 | 5,702 | 5,164 | 4,966 | |
| 2,644 | 2,630 | 2,475 | 2,259 | |
| 264 | 230 | -127 | -35 | |
| 399 | 372 | 9 | 74 | |
| 374 | 232 | -201 | -496 | |
| 0.84 | 0.52 | -0.47 | -1.16 | |
| 44.8% | 46.1% | 47.9% | 45.5% | |
| 4.5% | 4.0% | -2.5% | -0.7% | |
| 6.3% | 4.1% | -3.9% | -10.0% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 4,828 | 4,761 | 4,301 | 4,416 |
| Cash | 711 | 859 | 501 | 309 |
| Total debt | 1,521 | 1,443 | 1,299 | 1,940 |
| Total liabilities | 2,861 | 2,607 | 2,411 | 3,001 |
| 1,966 | 2,153 | 1,890 | 1,414 | |
| 462 | 451 | 432 | 427 | |
| 6.0% | 5.0% | -3.2% | -0.8% | |
| 19.0% | 10.8% | -10.6% | -35.0% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -40 | 354 | -59 | -75 | |
| 158 | 150 | 169 | 87 | |
| -198 | 204 | -228 | -162 | |
| Dividends paid | – | – | – | – |
| 125 | 75 | 90 | 25 | |
| 37 | 43 | 53 | 46 |
Valuation
- –
- 22.7×
- –
- 1.5×
- 0.5×
- –
- 52.5×
- -7.2%
- -21.9%
- 0.0%
Profitability
- 45.5%
- -0.7%
- -10.0%
- -1.8%
- 9.4%
- -0.5%
- -30.1%
- -11.2%
- 9.4%
- –
Growth
- −5.6%
- –
- +28.9%
- –
- −2.2%
Financial health
- 22.0×
- 0.42
- 13.5%
- 20.2×
- 1.62
- 1.08
- 1.12
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $10.67
- Range
- $8.00 – $13.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | -0.03 | -0.02 | −54.0% |
| Feb 6, 2026 | 0.09 | -0.02 | +681.4% |
| Nov 6, 2025 | 0.04 | 0.02 | +63.5% |
| Aug 8, 2025 | 0.02 | 0.02 | −18.3% |
| May 13, 2025 | -0.08 | -0.08 | +0.0% |
| Feb 6, 2025 | 0.08 | 0.03 | +166.7% |
| Nov 7, 2024 | 0.30 | 0.20 | +50.0% |
| Aug 8, 2024 | 0.01 | -0.08 | +112.5% |
News
Jensen Huang’s Chinese Spy Scandal Puts Nvidia CEO’s Future Under Scrutiny — But, Bettors Aren’t Worried YetYahoo Finance · Nov 9, 2026Suzano targets net debt under $14B by end of 2026 as Arbex integration beginsSeeking Alpha · Nov 6, 2026Under Armour maintains fiscal 2027 adjusted operating income outlook of $140M-$160M while cutting gross margin expansion view to 170-220 bpsSeeking Alpha · Nov 6, 2026GE Vernova Has Something Nvidia Needs Under a Democratic CongressYahoo Finance · Nov 6, 2026Anthropic's $1.5T valuation under pressure as major investors signal skepticism, WSJ reportsSeeking Alpha · Nov 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Under Armour
Is Under Armour a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Under Armour AI analysis
What does Under Armour do?
Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It is in Apparel - Manufacturers, based in Baltimore, MD, United States, with 6,200 employees.
Does Under Armour pay a dividend?
No. Under Armour does not pay a dividend at the moment; in 2026 it returned $25.0 million to shareholders by buying back its own shares.
Is Under Armour stock halal?
No. Under Armour does not pass our halal screen: its debt is 86% of its market value, at or above the 33% limit. How we check
How has Under Armour stock done over the past year?
Up 18.9% over the past twelve months, to $5.28. It traded between $3.96 and $7.88 and is 33.0% below its high.
Who are Under Armour's competitors?
The largest listed companies in the same industry are Ralph Lauren, LPP, Levi Strauss & and Gildan Activewear. The peers table on this page compares their profit, growth and price with Under Armour's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



