Under Armour Gross Profit Margin (Quarterly): 46.71% for June 30, 2022.
In this post
What is under Armour’s gross profit percentage?
Analysis. Under Armour’s latest twelve months gross profit margin is 49.6%. Under Armour’s gross profit margin for fiscal years ending December 2017 to 2021 averaged 47.3%. Under Armour’s operated at median gross profit margin of 46.9% from fiscal years ending December 2017 to 2021.
What is a good profit margin for Nike?
NIKE’s latest twelve months gross profit margin is 46.0%. NIKE’s gross profit margin for fiscal years ending May 2018 to 2022 averaged 44.6%. NIKE’s operated at median gross profit margin of 44.7% from fiscal years ending May 2018 to 2022.
What is Nike margin?
Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. NIKE net profit margin as of May 31, 2022 is 12.94%.
What is adidas gross profit margin?
adidas’s latest twelve months gross profit margin is 49.9%. adidas’s gross profit margin for fiscal years ending December 2017 to 2021 averaged 51.0%. adidas’s operated at median gross profit margin of 50.7% from fiscal years ending December 2017 to 2021.
What is under Armour’s revenue?
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.
What is under Armour’s current ratio?
Under Armour has a current ratio of 2.06.
How do we calculate profit margin?
If you want to easily plug information into the above formula, use these three steps for determining profit margin: Determine your business’s net income (Revenue – Expenses) Divide your net income by your revenue (also called net sales) Multiply your total by 100 to get your profit margin percentage.
How does NIKE keep costs low?
Nike’s direct-to-consumer business helps cut out the middleman that would normally pocket a percentage of sales. Through e-commerce, Nike can eliminate much of the fixed cost associated with physical stores while also increasing its ability to up-sell products.
How much does NIKE mark up their shoes?
The actual cost breakdown totals $28.50. This means Nike makes a profit of $21.50 on a $100 sneaker. Subsequently, after taxes and administrative expenses (including research and development), true profit is approximately $4.50. These profit and cost numbers can fluctuate depending on a number of factors.
What was NIKE’s gross profit ratio for 2021?
44.8%
In fiscal 2022, Nike’s global gross profit margin stood at roughly 46 percent.
Nike’s gross margin rate worldwide from the fiscal years of 2014 to 2022.
| Characteristic | Gross margin rate |
|---|---|
| 2021 | 44.8% |
| 2020 | 43.4% |
| 2019 | 44.7% |
| 2018 | 43.8% |
Is Adidas a profitable company?
London (CNN Business) Adidas (ADDDF) on Friday blamed poor sales in China for a sharp drop in first quarter profit. The German sportswear giant reported net profit of €310 million ($327 million) in the first three months of 2022, down 38% on the same period last year.
What is the footwear apparel industry average gross profit margin?
Shoe Stores: average industry financial ratios for U.S. listed companies
| Financial ratio | Year | |
|---|---|---|
| 2021 | 2020 | |
| Gross margin | 37.5% | 28.9% |
| Operating margin (Return on sales) | 10.1% | -1.9% |
| Activity Ratios |
What is Adidas quick ratio?
adidas AG’s quick ratio for the quarter that ended in Jun. 2022 was 0.76. adidas AG has a quick ratio of 0.76.
Is Adidas growing or declining?
After the recovery from the coronavirus pandemic in 2021, adidas expects double-digit top-line growth to continue in 2022 amid heightened uncertainty.
How is Adidas doing financially 2022?
The company’s total revenue for the first six months of 2022 grew five per cent YoY to €10.897 billion (US$11.144 billion). Adidas has adjusted its guidance for the financial year due to the slower-than-expected recovery in Greater China.
What is Under Armour’s strategy?
Strategic Growth Efforts
The company strives to boost its operating model as well as return greater profitability and value to shareholders. Its long-term growth strategy is based on investing in own stores and digitization to directly reach customers along with selling more inventory at full price.
What is Under Armour’s largest source of revenue?
In 2021, Under Armour had license revenues of 112.62 million U.S. dollars. Each year, the majority of the company’s revenues are generated through its sales from apparel, footwear, and accessory products.
UA’s vs. Market share relative to its competitors, as of Q2 2022
| COMPANY NAME | TICKER | MARKET SHARE 12 Months Q2 2022 |
|---|---|---|
| Under Armour Inc. | UA | 3.96% |
| Ralph Lauren Corporation | RL | 4.34% |
| V. F. Corporation | VFC | 8.16% |
| Pvh Corp. | PVH | 6.30% |
What is under Armour’s debt to equity ratio?
Under Armour Debt to Equity Ratio: 0.3891 for June 30, 2022.
What is a good current ratio?
A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts. A current ratio below 1 means that the company doesn’t have enough liquid assets to cover its short-term liabilities.