Under Armour revenue was $5.27 b in FY, 2019 which is a 1.4% year over year increase from the previous period.
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
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Revenue | 5.0b | 5.2b | 5.3b |
Revenue growth, % | 3% | 4% | 1% |
Cost of goods sold | 2.7b | 2.9b | 2.8b |
Gross profit | 2.2b | 2.3b | 2.5b |
Gross profit Margin, % | 45% | 45% | 47% |
General and administrative expense | 2.1b | 2.2b | 2.2b |
Operating expense total | 2.2b | 2.4b | 2.2b |
EBIT | 27.8m | (25.0m) | 236.8m |
EBIT margin, % | 1% | 0% | 4% |
Interest expense | 34.5m | 33.6m | 21.2m |
Pre tax profit | (10.3m) | (67.8m) | 209.8m |
Income tax expense | 38.0m | (20.6m) | 70.0m |
Net Income | (48.3m) | (46.3m) | 92.1m |
EPS | (0.1) | (0.1) | 0.2 |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 1.2b | 1.2b | 1.4b | 1.2b | 1.2b | 1.4b | 930.2m | 707.6m | 1.4b |
Cost of goods sold | 661.9m | 648.3m | 777.8m | 659.9m | 637.4m | 739.6m | 499.3m | 358.5m | 746.7m |
Gross profit | 523.5m | 526.6m | 665.2m | 544.8m | 554.3m | 689.9m | 431.0m | 349.2m | 686.3m |
Gross profit Margin, % | 44% | 45% | 46% | 45% | 47% | 48% | 46% | 49% | 48% |
General and administrative expense | 514.6m | 552.6m | 527.6m | 509.5m | 565.8m | 551.0m | 552.7m | 479.9m | 553.5m |
Operating expense total | 552.1m | 631.5m | 546.2m | 509.5m | 565.8m | 551.0m | 989.2m | 518.8m | 627.8m |
EBIT | (28.7m) | (104.9m) | 119.0m | 35.3m | (11.5m) | 138.9m | (558.2m) | (169.7m) | 58.6m |
EBIT margin, % | (2%) | (9%) | 8% | 3% | (1%) | 10% | (60%) | (24%) | 4% |
Interest expense | 8.6m | 8.6m | 9.2m | 4.2m | 6.0m | 5.7m | 6.0m | 11.3m | 15.0m |
Investment income | (1.2m) | ||||||||
Pre tax profit | (34.3m) | (121.5m) | 105.5m | 30.4m | (18.6m) | 132.8m | (562.6m) | (185.9m) | 36.4m |
Income tax expense | (4.1m) | (26.1m) | 30.9m | 8.1m | (5.7m) | 29.3m | 21.5m | (3.1m) | (3.7m) |
Net Income | (30.2m) | (95.5m) | 75.3m | 22.5m | (17.3m) | 102.3m | (589.7m) | (182.9m) | 38.9m |
EPS | (0.1) | (0.2) | 0.2 | 0.1 | 0.0 | 0.2 | (1.3) | (0.4) |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Cash | 312.5m | 557.4m | 788.1m |
Accounts Receivable | 609.7m | 652.5m | 708.7m |
Inventories | 1.2b | 1.0b | 892.3m |
Current Assets | 2.3b | 2.6b | 2.7b |
PP&E | 885.8m | 826.9m | 792.1m |
Goodwill | 555.7m | 546.5m | 550.2m |
Total Assets | 4.0b | 4.2b | 4.8b |
Accounts Payable | 561.1m | 560.9m | 618.2m |
Short-term debt | 152.0m | 25.0m | 125.9m |
Current Liabilities | 1.1b | 1.3b | 1.4b |
Long-term debt | 765.0m | 703.8m | 1.2b |
Total Debt | 917.0m | 728.8m | 1.3b |
Total Liabilities | 2.0b | 2.2b | 2.7b |
Common Stock | 146.0k | 148.0k | 149.0k |
Additional Paid-in Capital | 872.3m | 916.6m | 973.7m |
Retained Earnings | 1.2b | 1.1b | 1.2b |
Total Equity | 2.0b | 2.0b | 2.2b |
Debt to Equity Ratio | 0.5 x | 0.4 x | 0.6 x |
Debt to Assets Ratio | 0.2 x | 0.2 x | 0.3 x |
Financial Leverage | 2 x | 2.1 x | 2.3 x |
USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|
Net Income | 257.0m | (48.3m) | (46.3m) | 92.1m |
Depreciation and Amortization | 144.8m | 173.7m | 181.8m | 186.4m |
Accounts Receivable | (249.9m) | (79.1m) | 186.8m | (45.4m) |
Inventories | (148.1m) | (222.4m) | 109.9m | 149.5m |
Accounts Payable | 202.4m | 145.7m | 26.4m | 59.5m |
Cash From Operating Activities | 304.5m | 234.1m | 628.2m | 509.0m |
Purchases of PP&E | (316.5m) | (281.3m) | (170.4m) | (145.8m) |
Cash From Investing Activities | (381.1m) | (283.0m) | (202.9m) | (147.1m) |
Long-term Borrowings | (1.2b) | (665.0m) | (695.0m) | (162.8m) |
Dividends Paid | (2.9m) | |||
Cash From Financing Activities | 206.0m | 106.8m | (189.9m) | (137.1m) |
Net Change in Cash | 120.6m | 62.0m | 247.9m | 229.9m |
Interest Paid | 21.4m | 29.8m | 28.6m | 18.0m |
Income Taxes Paid | 136.0m | 36.9m | (16.7m) | 23.4m |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Net Income | (30.2m) | (125.8m) | (50.5m) | 22.5m | 5.1b | 107.4m | (589.7m) | (772.6m) | (733.6m) |
Depreciation and Amortization | 46.1m | 91.3m | 135.0m | 46.5m | 93.8b | 140.4m | 48.6m | 86.9m | 124.2m |
Accounts Receivable | 53.7m | 116.9m | (23.8m) | (87.0m) | (75.1b) | (187.6m) | 27.6m | 126.1m | (105.9m) |
Inventories | 16.7m | (158.4m) | (30.4m) | 156.9m | 62.3b | 123.4m | (59.7m) | (307.4m) | (159.9m) |
Accounts Payable | (66.9m) | 160.2m | (37.4m) | (178.4m) | 57.7b | (67.3m) | (192.7m) | 46.4m | 18.0m |
Cash From Operating Activities | 22.0m | 146.0m | 118.8m | (89.8m) | 112.7b | 102.5m | (366.7m) | (309.4m) | (249.7m) |
Purchases of PP&E | (55.9m) | (95.6m) | (121.4m) | (35.9m) | (77.0b) | (105.8m) | (31.5m) | (50.9m) | (71.6m) |
Cash From Investing Activities | (55.9m) | (126.1m) | (154.2m) | (35.9m) | (78.0b) | (107.0m) | (68.8m) | (89.1m) | (110.5m) |
Long-term Borrowings | (161.7m) | (348.5m) | (580.0m) | (161.2m) | (162.8b) | (162.8m) | (100.0m) | (550.0m) | (800.0m) |
Cash From Financing Activities | 3.8m | (131.3m) | (106.7m) | (141.6m) | (139.2b) | (138.7m) | (599.0m) | 686.2m | 436.3m |
Net Change in Cash | (27.9m) | (113.8m) | (141.6m) | (267.9m) | (100.1b) | (138.5m) | 172.2m | 292.1m | 78.5m |
USD | FY, 2016 |
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FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Stores | 295 | 297 | 302 | 310 | 319 | 330 | 346 | 370 | 388 | 423 | 427 |
Factory House Stores | 219 | 217 | 222 | 230 | 236 | 238 | 251 | 263 | 273 | 282 | 286 |
Brand House Stores | 76 | 80 | 80 | 80 | 83 | 92 | 95 | 107 | 115 | 141 | 141 |
Factory House Stores (North America) | 162 | 160 | 161 | 162 | 163 | 162 | 165 | 167 | 169 | 169 | 170 |
Brand House Stores (North America) | 19 | 18 | 15 | 15 | 16 | 16 | 16 | 18 | 19 | 19 | 18 |
Stores (North America) | 181 | 178 | 176 | 177 | 179 | 178 | 181 | 185 | 188 | 188 | 188 |
Factory House Stores (International) | 57 | 57 | 61 | 68 | 73 | 76 | 86 | 96 | 104 | 113 | 116 |
Brand House Stores (International) | 57 | 62 | 65 | 65 | 67 | 76 | 79 | 89 | 96 | 122 | 123 |
Stores (International) | 114 | 119 | 126 | 133 | 140 | 152 | 165 | 185 | 200 | 235 | 239 |
Manufacturers | 39 | 44 | 37 |
Q1, 2020 | |
---|---|
Asian (USA), percent | 7.8 % |
Black / African American (USA), percent | 16.7 % |
Hispanic / Latino (USA), percent | 20.6 % |
White (USA), percent | 49 % |
Other | 5.9 % |