Under Income Before Tax from 2010 to 2024

UA Stock  USD 8.72  0.29  3.44%   
Under Armour's Income Before Tax is decreasing over the years with stable fluctuation. Income Before Tax is expected to dwindle to about 135.9 M. From 2010 to 2024 Under Armour Income Before Tax quarterly data regression line had arithmetic mean of  177,800,355 and significance of  0.58. View All Fundamentals
 
Income Before Tax  
First Reported
2004-12-31
Previous Quarter
-300.1 M
Current Value
167.9 M
Quarterly Volatility
102.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Under Armour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Under Armour's main balance sheet or income statement drivers, such as Interest Expense of 15.1 M, Total Revenue of 3.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 3.0E-4 or PTB Ratio of 4.61. Under financial statements analysis is a perfect complement when working with Under Armour Valuation or Volatility modules.
  
Check out the analysis of Under Armour Correlation against competitors.

Latest Under Armour's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Under Armour C over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Under Armour income statement and is an important metric when analyzing Under Armour C profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Under Armour's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Under Armour's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Under Income Before Tax Regression Statistics

Arithmetic Mean177,800,355
Coefficient Of Variation129.10
Mean Deviation155,580,860
Median209,842,000
Standard Deviation229,542,107
Sample Variance52689.6T
Range883.7M
R-Value(0.16)
Mean Square Error55337.1T
R-Squared0.02
Significance0.58
Slope(8,078,053)
Total Sum of Squares737654.1T

Under Income Before Tax History

2024135.9 M
2023262.1 M
2022287.8 M
2021390.9 M
2020-492.5 M
2018-67.8 M
2017-10.3 M

About Under Armour Financial Statements

Under Armour stakeholders use historical fundamental indicators, such as Under Armour's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Under Armour investors may analyze each financial statement separately, they are all interrelated. For example, changes in Under Armour's assets and liabilities are reflected in the revenues and expenses on Under Armour's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Under Armour C. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax262.1 M135.9 M

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Check out the analysis of Under Armour Correlation against competitors.
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Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Under Armour. If investors know Under will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Under Armour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Under Armour's market value can be influenced by many factors that don't directly affect Under Armour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.