UAA
Under Armour, Inc.
UAA lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
UAA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Weak |
UAA's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
UAA PE Valuation
UAA has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 44x next year's earnings.
UAA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Improving | |
| Moderate | |
| Low |
Analysts expect UAA to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
UAA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.11 | — |
| Q3 2026 | -$1.11 | -$0.90 |
| Q2 2026 | -$1.15 | -623% |
| Q1 2026 | -$1.16 | -$0.69 |
| Q4 2025 | -$1.22 | -$0.93 |
| Q3 2025 | -$0.21 | -$0.18 |
| Q2 2025 | $0.22 | +$0.40 |
| Q1 2025 | -$0.47 | -187% |
| Q4 2024 | -$0.29 | -133% |
UAA is still losing money, but less than at its worst: $1.11 per share over the past year, against $1.64 at its worst in late 2020.
UAA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -6.9% |
| Q2 2026 | $1.1B | -3.2% |
| Q1 2026 | $1.2B | -0.8% |
| Q4 2025 | $1.3B | -5.2% |
| Q3 2025 | $1.3B | -4.7% |
| Q2 2025 | $1.1B | -4.2% |
| Q1 2025 | $1.2B | -11% |
| Q4 2024 | $1.4B | -5.7% |
UAA's revenue has slid since its 2022 peak: $1.2B last quarter, down 6.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.2% | -0.1 points |
| Q2 2026 | 4.3% | +4 points |
| Q1 2026 | -2.9% | +3.2 points |
| Q4 2025 | -11% | -12 points |
| Q3 2025 | 1.3% | -11 points |
| Q2 2025 | 0.3% | +26 points |
| Q1 2025 | -6.1% | -5.8 points |
| Q4 2024 | 1% | -3.7 points |
UAA's operating margin was 1.2% last quarter, about level with the same quarter a year ago.
UAA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$101.7M | -$11.4M |
| Q2 2026 | $94.5M | +601% |
| Q1 2026 | -$347.3M | -$116.3M |
| Q4 2025 | $261.9M | -0.4% |
| Q3 2025 | -$90.3M | +$276.9M |
| Q2 2025 | $13.5M | -87% |
| Q1 2025 | -$231M | -$74.3M |
| Q4 2024 | $262.9M | -31% |
UAA's free cash flow was −$93M over the past year, against −$45M the year before.
UAA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -2.3M shares |
| 1 year | +0.3% | +1.3M shares |
| 3 years | -5.3% | -24M shares |
| 5 years | -9.2% | -43.4M shares |
| Available history | -5.4% | -24.6M shares |
UAA has 430M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $25M |
| Q2 2025 | — |
| Q1 2025 | $25M |
| Q4 2024 | $25M |
| Q3 2024 | — |
| Q2 2024 | $40M |
UAA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 9.0x | High |
| Q2 2025 | 0.3x | Very low |
| Q4 2024 | -8.2x | Net Cash |
| Q3 2024 | 0.8x | Very low |
| Q2 2024 | -5.6x | Net Cash |
| Q1 2024 | -0.5x | Net Cash |
| Q4 2023 | -0.9x | Net Cash |
| Q3 2023 | 0.1x | Very low |
UAA's net debt is about 9.0 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
UAA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 33.4 | Neutral |
UAA's weekly RSI is 44 (neutral) and its Stochastic is 33 (neutral).
UAA PE vs Consumer Cyclical Sector
| Metric | UAA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
UAA has no meaningful PE right now: it lost money over the past year.
UAA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.83 | 1.4% above |
| 20 week MA | $5.52 | 11% below |
| 50 week MA | $5.80 | 16% below |
| 100 week MA | $6.02 | 19% below |
| 200 week MA | $7.04 | 30% below |
UAA has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 30% below its 200-week average.
UAA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.5 | $17.4 | -19% |
| 2021 | $17.4 | $20.6 | +18% |
| 2022 | $20.6 | $9.77 | -53% |
| 2023 | $9.77 | $8.79 | -10% |
| 2024 | $8.79 | $8.38 | -4.7% |
| 2025 | $8.38 | $4.65 | -45% |
| 2026 YTD | $4.65 | $4.90 | +5.4% |
UAA has finished four years in a row lower, and it's up 5.4% so far in 2026.