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Under Armour is a company that manufactures footwear, sports, and casual apparel. Its principal business activities are the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. The brand’s performance apparel and footwear are engineered in many designs and styles for wear in various climatic conditions. Its products are sold worldwide and are worn by athletes, as well as by consumers with active lifestyles.

TypePublic
Founded1996
HQBaltimore, US
Websiteunderarmour.com
Employee Ratings3.7
Culture scoreC

Latest Updates

Employees (est.) (Dec 2019)7,000
Job Openings178
Revenue (FY, 2019)$5.3 B(+2%)
Share Price (May 2020)$7.9 (-3%)

Key People/Management at Under Armour

Kevin A. Plank

Kevin A. Plank

Executive Chairman and Brand Chief
Patrik Frisk

Patrik Frisk

Chief Executive Officer and President, Board Member
David E. Bergman

David E. Bergman

CFO
Colin Browne

Colin Browne

Chief Supply Chain Officer
Douglas E. Coltharp

Douglas E. Coltharp

Executive Vice President and Chief Financial Officer, Encompass Health Corporation
Kevin Eskridge

Kevin Eskridge

Chief Product Officer
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Under Armour Office Locations

Under Armour has offices in Baltimore, Austin, Conway, Ledyard and in 136 other locations
Baltimore, US (HQ)
1020 Hull St
Austin, US
211 Walter Seaholm Dr
Baltimore, US
Curtis Bay
Conway, US
North Conway
Ledyard, US
Mashantucket Pequot Reservation
New York, US
583 Broadway
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Under Armour Financials and Metrics

Under Armour Revenue

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Under Armour's revenue was reported to be $5.27 b in FY, 2019 which is a 1.4% increase from the previous period.
USD

Revenue (FY, 2019)

5.3b

Revenue growth (FY, 2018 - FY, 2019), %

1.4%

Gross profit (FY, 2019)

2.5b

Gross profit margin (FY, 2019), %

46.9%

Net income (FY, 2019)

92.1m

EBIT (FY, 2019)

236.8m

Market capitalization (29-May-2020)

3.6b

Closing stock price (29-May-2020)

7.9

Cash (31-Dec-2019)

788.1m

EV

4.1b
Under Armour's current market capitalization is $3.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.8b5.0b5.2b5.3b

Revenue growth, %

22%3%4%1%

Cost of goods sold

2.6b2.7b2.9b2.8b

Gross profit

2.2b2.2b2.3b2.5b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.0b1.0b1.5b1.1b1.1b1.4b1.2b1.2b1.4b1.2b1.2b1.4b

Cost of goods sold

567.1m523.1m772.9m611.9m590.0m760.3m661.9m648.3m777.8m659.9m637.4m739.6m

Gross profit

480.6m477.6m698.6m505.4m498.2m645.4m523.5m526.6m665.2m544.8m554.3m689.9m

Gross profit Margin, %

46%48%47%45%46%46%44%45%46%45%47%48%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

257.0m(48.3m)(46.3m)92.1m

Depreciation and Amortization

144.8m173.7m181.8m186.4m

Inventories

(148.1m)(222.4m)109.9m149.5m

Accounts Payable

202.4m145.7m26.4m59.5m
USDY, 2019

EV/EBIT

17.2 x

EV/CFO

8 x

Revenue/Employee

752.4k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x

P/E Ratio

39.3
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Under Armour Operating Metrics

Under Armour's Stores was reported to be 388 in FY, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Stores

146 153 160 173 191 198 212 225 241 245 268 280 295 297 302 310 319 330 346 370 388

Factory House Stores

133 134 139 144 161 162 172 177 188 188 205 210 219 217 222 230 236 238 251 263 273

Brand House Stores

13 19 21 29 30 36 40 48 53 57 63 70 76 80 80 80 83 92 95 107 115

Factory House Stores (North America)

125 126 131 137 143 144 146 145 151 150 160 160 162 160 161 162 163 162 165 167 169
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Under Armour Acquisitions / Subsidiaries

Company NameDateDeal Size
GritnessJuly 01, 2015
EndomondoFebruary 04, 2015$85 m
MyFitnessPalFebruary 04, 2015$475 m
MapMyFitnessNovember 14, 2013$150 m
UA Connected Fitness, Inc.
UA Global Sourcing Ltd.
UA International Holdings Limited
UA International Limited
UA Sourcing CBT
Under Armour Europe B.V.
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Under Armour Revenue Breakdown

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Under Armour revenue breakdown by business segment: 11.8% from EMEA, 69.7% from North America, 12.1% from Asia-Pacific and 6.3% from Other

Under Armour Online and Social Media Presence

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Under Armour Company Culture

  • Overall Culture

    C

    64/100

  • CEO Rating

    C-

    64/100

  • Compensation

    C+

    66/100

  • Diversity

    C-

    62/100

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Under Armour News and Updates

Under Armour stock surges after store reopening plans detailed

Shares of Under Armour Inc. rallied 2.8% in premarket trading Thursday, after the athletic gear company said expects nearly half of its North America stores to be reopened by the end of this week. Some of the safety protocols the company is taking given the COVID-19 pandemic included reduced store…

Thinking about buying stock in Navidea Biopharmaceuticals, Aurora Cannabis, Under Armour, Onconova Therapeutics, or BJs Wholesale Club?

NEW YORK, May 22, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NAVB, ACB, UA, ONTX, and BJ. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Under Armour upsizes and prices $440 million of convertible notes that mature in 2024

Under Armour Inc. said Friday it has upsized and priced a $440 million offering of senior convertible notes that mature in 2024. The athletic apparel maker originally planned to raise $400 million in the deal. The notes are being sold in a private offering and priced at an interest rate of 1.5% a …

Under Armour to offer $400 million of convertible senior notes due 2024

Under Armour Inc. said Thursday it is offering $400 million of convertible senior notes that mature in 2024, joining the many companies that are raising money to bolster liquidity during the coronavirus pandemic. The sporting goods company said it will use proceeds of the deal to fund capped call …

Under Armour to incur up to $525 million in 2020 restructuring charges, will layoff store workers starting April 12

Under Armour Inc. says it will incur pre-tax restructuring and related charges in the range of $475 million to $525 million in 2020 related to a plan that the athletic company announced on Feb. 11, before measures to manage the coronavirus pandemic in the U.S. began. The charges include about $290 …

How Under Armour is making 100,000 masks a week to fight COVID-19

The company debuted an innovative “no-sew” design that cuts down on time and costs. The athletic wear company Under Armour has unveiled an innovative new surgical mask that’s made of a single piece of fabric and doesn’t require any sewing. That means it can be produced rapidly in large quantities t…
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Under Armour Blogs

Galaxy Watch Active2 Under Armour Edition

Galaxy Watch Active2 Under Armour Edition natasha.clark@… Tue, 08/06/2019 - 12:08 Modules Image Asset Title Galaxy Watch Active2 Under Armour Edition …

Under Armour Reports Second Quarter 2019 Results

Under Armour Reports Second Quarter 2019 Results kgill@underarm… Mon, 07/29/2019 - 10:07 Modules Headline Under Armour Reports Second Quarter 2019 Results Date Tue, 07/30/2019 - 12:00 …

Lanni Marchant's Road to Recovery

Lanni Marchant's Road to Recovery natasha.clark@… Tue, 07/09/2019 - 15:19 Modules Headline The Road to Recovery Date Sat, 07/20/2019 - 12:00 Subhead Lanni Marchant I…

UA Wins ESPN Sports Humanitarian Corporate Community Impact Award 2019

UA Wins ESPN Sports Humanitarian Corporate Community Impact Award 2019 natasha.clark@… Mon, 07/08/2019 - 12:16 Modules Video https://vimeo.com/347140150 Poster Image …
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Under Armour Frequently Asked Questions

  • When was Under Armour founded?

    Under Armour was founded in 1996.

  • Who are Under Armour key executives?

    Under Armour's key executives are Kevin A. Plank, Patrik Frisk and David E. Bergman.

  • How many employees does Under Armour have?

    Under Armour has 7,000 employees.

  • What is Under Armour revenue?

    Latest Under Armour annual revenue is $5.3 b.

  • What is Under Armour revenue per employee?

    Latest Under Armour revenue per employee is $752.4 k.

  • Who are Under Armour competitors?

    Competitors of Under Armour include New Balance, Puma and Adidas.

  • Where is Under Armour headquarters?

    Under Armour headquarters is located at 1020 Hull St, Baltimore.

  • Where are Under Armour offices?

    Under Armour has offices in Baltimore, Austin, Conway, Ledyard and in 136 other locations.

  • How many offices does Under Armour have?

    Under Armour has 149 offices.