Under Armour (UA)

Company Profile

Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors.

Company profile

Ticker

UA, UAA

Exchange

NYSE

Website

www.underarmour.com/

CEO

Colin Browne

Incorporated

Maryland

Location

Maryland

Fiscal year end

Mar 31

Sector

Manufacturing > All Other Miscellaneous Textile Product Mills

Industry (SIC)

Apparel & Other Finished Prods of Fabrics & Similar Matl

Levi Strauss & Co. Cls A • Carters • Columbia Sportswear • Lululemon Athletica • G-III Apparel • Sequential Brands • Allbirds • Centric Brands • Ever-Glory International • Superior Group of Companies Inc.. ...

SEC CIK

0001336917

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Under Armour Europe B.V. • Under Armour Retail, Inc. • UA Global Sourcing Ltd. • Under Armour International Holdings Ltd • Under Armour Global Limited ...

IRS number

521990078

UA stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$10.80

Low target

$8.00

High target

$13.00

Telsey Advisory Group

Morgan Stanley

Maintains

Equal-Weight

$8.00

4 Nov 22

Latest filings (excl ownership)

View all

8-K

Under Armour Appoints Carolyn Everson and Patrick Whitesell to Its Board of Directors

31 Jan 23

8-K

Under Armour Announces Stephanie Linnartz

Correspondence with SEC

Maryland Governor-elect Wes Moore Steps Down from Under Armour’s Board of Directors

8 Nov 22

Under Armour Reports Second Quarter Fiscal 2023 Results; Updates Full-year Outlook

3 Nov 22

8-K

Under Armour Announces Changes to Executive Leadership Team

5 Oct 22

8-K

Departure of Directors or Certain Officers

2 Sep 22

Transcripts

View all

Earnings call transcript

2023 Q2

3 Nov 22

Earnings call transcript

2023 Q1

3 Aug 22

Earnings call transcript

2022 Q1

6 May 22

Earnings call transcript

2021 Q4

11 Feb 22

Earnings call transcript

2021 Q3

2 Nov 21

Earnings call transcript

2021 Q2

3 Aug 21

Earnings call transcript

2021 Q1

4 May 21

Earnings call transcript

2020 Q4

10 Feb 21

Earnings call transcript

2020 Q3

30 Oct 20

Earnings call transcript

2020 Q2

31 Jul 20

Latest ownership filings

View all

Financial summary

Financial statements Chart UA financial data

Quarter (USD)	Sep 22	Jun 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	868.01 mm	868.01 mm	868.01 mm	868.01 mm	868.01 mm	868.01 mm
Cash burn (monthly)	65.02 mm	41.16 mm	(no burn)	(no burn)	30.00 mm	(no burn)
Cash used (since last report)	271.60 mm	171.92 mm	n/a	n/a	125.32 mm	n/a
Cash remaining	596.41 mm	696.09 mm	n/a	n/a	742.70 mm	n/a
Runway (months of cash)	9.2	16.9	n/a	n/a	24.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

UA institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	464	489	-5.1%
Opened positions	53	75	-29.3%
Closed positions	78	110	-29.1%
Increased positions	115	173	-33.5%
Reduced positions	166	123	+35.0%

13F shares	Current	Prev Q	Change
Total value	1.78 bn	3.00 bn	-40.7%
Total shares	281.98 mm	313.86 mm	-10.2%
Total puts	5.64 mm	6.96 mm	-18.9%
Total calls	2.88 mm	3.80 mm	-24.1%
Total put/call ratio	2.0	1.8	+6.9%

Largest owners	Shares	Value	Change
Vanguard	38.30 mm	$239.54 mm	-3.1%
BLK Blackrock	33.17 mm	$209.35 mm	+0.9%
Dorsal Capital Management	12.50 mm	$74.50 mm	0.0%
AMP Ameriprise Financial	7.19 mm	$47.63 mm	-50.7%
MS Morgan Stanley	6.97 mm	$43.68 mm	-56.1%
JHG Janus Henderson	6.09 mm	$36.34 mm	-1.7%
Disciplined Growth Investors	5.92 mm	$39.38 mm	-0.6%
D. E. Shaw & Co.	5.63 mm	$34.50 mm	+137.8%
Loomis Sayles & Co L P	5.59 mm	$37.20 mm	-6.5%
ArrowMark Colorado	5.09 mm	$30.37 mm	+17.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-12.63 mm	EXIT
MS Morgan Stanley	6.97 mm	-8.91 mm	-56.1%
Adage Capital Partners GP, L.L.C.	4.84 mm	-7.92 mm	-62.1%
AMP Ameriprise Financial	7.19 mm	-7.41 mm	-50.7%
Renaissance Technologies	3.75 mm	-6.83 mm	-64.6%
Alyeska Investment	0.00	-5.36 mm	EXIT
Voloridge Investment Management	4.12 mm	+4.06 mm	+7182.3%
Arrowstreet Capital, Limited Partnership	4.78 mm	+4.03 mm	+538.1%
Wellington Management	3.41 mm	-3.87 mm	-53.2%
Citadel Advisors	4.29 mm	+3.29 mm	+325.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Feb 23	Carolyn Everson	Class C Common Stock	Grant	Acquire A	No	No	0	7,833.48	0.00	16,786.03
1 Feb 23	Carolyn Everson	Class C Common Stock	Grant	Acquire A	No	No	0	8,952.55	0.00	8,952.55