How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Under Armour net worth as of August 16, 2022 is $4.63B.
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What is Under Armour’s net worth 2021?
In 2021, Under Armour had a net income of about 360 million U.S. dollars. The company had net revenues of approximately 5.7 billion U.S. dollars that year.
Who is owner of Under Armour?
Kevin Plank
“On behalf of the board, I want to thank Patrik for his valuable contributions to Under Armour over the past five years,” said Kevin Plank, Under Armour Founder, Executive Chairman and Brand Chief.
Is Under Armour making money?
Under Armour reported a net loss for the quarter of $59.6 million, or 13 cents per share, compared with net income of $77.8 million, or 17 cents a share, a year earlier. Excluding one-time items, it lost a penny per share.
What was the highest price of Under Armour?
Historical daily share price chart and data for Under Armour since 2022 adjusted for splits. The latest closing stock price for Under Armour as of July 22, 2022 is 7.91. The all-time high Under Armour stock closing price was 45.41 on April 21, 2016.
What is Nike’s net worth?
As of 2022, the Nike brand was valued at more than 33 billion U.S. dollars, which is an increase of nearly three billion U.S. dollars from the previous year.
Is Under Armour cheaper than Nike?
Despite its superior stock performance, Under Armour currently has the lowest price-to-earnings (P/E) ratio, indicating it is still relatively undervalued compared to the other two sportswear companies. Its earnings performance has also been stronger than that of Nike or Adidas.
Was Under Armour on Shark Tank?
As Under Armour grew, Busch carried on with his own career. He even founded an apparel business, Dude Robe. When Busch pitched his company on season 9 of ABC’s “Shark Tank,” he told his story of missed opportunity. The equity today would be worth, “probably about $250 million or so,” Busch says on the show.
Who owns the most Under Armour stock?
Kevin Plank
Kevin Plank, Founder, and CEO
His academic qualifications include a Master of Business Administration from the University of Maryland. Plank is the largest Under Armour shareholder, with 33.8 million Class C shares owned indirectly through a series of trusts.
What does Under Armor stand for?
Much like the Rolex crown is a symbol of wealth and luxury, the Under Armour logo is a symbol of speed, strength, and athleticism. People are proud to wear clothing that displays the Under Armour logo because they see it as a message about their own lifestyle and interests.
Why is Under Armour struggling?
Under Armour Inc. sank the most in five years after an earnings report revealed it’s struggling with supply-chain issues and pandemic-related shutdowns in China. Revenue is projected to rise 5% to 7% in the fiscal year ending in March, the company said Friday in a statement.
Is Under Armour a billion dollar company?
Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. The company has experienced substantial growth over the past decade, with its global net revenues amounting to approximately 5.7 billion U.S. dollars in 2021.
Why did Under Armour crash?
Its results were dampened by coronavirus-related lockdowns in China, which led sales in its Asia-Pacific region to fall by 14%. Supply chain disruptions made it impossible for Under Armour to obtain the inventory it needed to satisfy the demand for its products among consumers.
Is under Armour stock a buy?
I also rate Under Armour (NYSE:UA) (NYSE:UAA) as a buy: its current valuation and financial strength in combination with the expected return as according to my DCF model show that Under Armour could be an appealing investment. However, it comes with much higher risk compared to Nike.
When did UA go public?
November 17, 2005
Under Armour went public on November 17, 2005, trading at NASDAQ under “UARM” and becoming the first U.S.-based initial public offering in five years to double on its first day of trading.
Share Statistics
| Avg Vol (3 month) 3 | 5.5M |
|---|---|
| Shares Outstanding 5 | 232.1M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 384.05M |
| % Held by Insiders 1 | 14.90% |
Does Nike Own Jordan?
Air Jordan is a line of basketball shoes and athletic clothing produced by American corporation Nike.
Air Jordan.
| The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
| Introduced | November 17, 1984 |
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
How much money is Walmart worth?
Walmart Net Worth
| Name | Walmart |
|---|---|
| Revenue | $576 Billion |
| Total Assets | $66,038 Million |
| PE Ratio | 20.19 |
| Founder: | Sam Walton |
Who is Nike’s biggest rival?
Adidas
Established in 1949, Adidas is a global brand and Nike’s top competitor. Nike vs. Adidas rivalry cuts across different sectors from footwear, apparel, and sports equipment, and accessories.
Who’s bigger Nike or Under Armour?
However, Nike is much bigger than Under Armour. Nike’s total revenue in 2018 stood at $39 billion – almost 7.5 times more than Under Armour’s $5.2 billion.