UAUnder Armour, Inc.
Apparel & Other Finishd Prods Of Fabrics & Similar Matl
- Revenue
- $5.0B
- 3.8% YoY
- Operating margin
- -3.3%
- 8.4% YoY
- EBITDA
- −$53M
- 8.3% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $195M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-33% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear12% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | $5.9B | $5.7B | $5.2B | $5.0B | 3.8% |
| Operating income | — | $264M | $230M | −$185M | −$163M | 12% |
| Net income | −$63M | $374M | $232M | −$201M | −$496M | 146% |
| Operating cash flow | — | −$40M | $354M | −$59M | −$75M | 27% |
| Capex | — | $158M | $150M | $169M | $87M | 48% |
| Stock-based comp | — | $37M | $43M | $53M | $46M | 14% |
| Buybacks | — | $125M | $75M | $90M | $25M | 72% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 34 | 52 |
| FY2025 | — | — | 29 | 42 |
| FY2024 | — | — | 34 | 46 |
| FY2023 | — | — | 44 | 55 |
| FY2022 | — | — | 79 | 79 |