Under Armour (MEX:UAA) EBIT: MXN-608 Mil (TTM As of Mar. 2026)


MEX:UAA Under Armour Inc MEX:UAA
48 GF Score
Price MXN103.00
GF Value MXN111.50
Valuation Fairly Valued
! 3 Warning Signs
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What is Under Armour EBIT?

Under Armour MEX:UAA 48 EBIT is MXN-608 Mil as of Mar. 2026. GuruFocus rates MEX:UAA with a GF Score™ of 48/100 and a GF Value™ of MXN111.50 (Fairly Valued). The stock has 3 warning signs investors should review.

Under Armour's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN-463 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-608 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Under Armour's annualized ROC % for the quarter that ended in Mar. 2026 was -3.17%. Under Armour's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Under Armour's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.83%.


Under Armour  (MEX:UAA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Under Armour's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1853.472 * ( 1 - 0% )/( (54549.313 + 62558.123)/ 2 )
=-1853.472/58553.718
=-3.17 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=83366.085 - 20450.46 - ( 8366.312 - max(0, 37622.316 - 53819.596+8366.312))
=54549.313

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=79626.885 - 11493.628 - ( 5575.134 - max(0, 30236.979 - 49025.195+5575.134))
=62558.123

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Under Armour's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1853.472/( ( (17280.863 + max(21161.272, 0)) + (18547.984 + max(26789.631, 0)) )/ 2 )
=-1853.472/( ( 38442.135 + 45337.615 )/ 2 )
=-1853.472/41889.875
=-4.42 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11010.846 + 19347.611 + 15094.827) - (20450.46 + 0 + 3841.552)
=21161.272

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12295.795 + 16495.43 + 14658.836) - (11493.628 + 0 + 5166.802)
=26789.631

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Under Armour's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-608.099/73358.066
=-0.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Under Armour EBIT Related Terms


Under Armour EBIT Historical Data

* Premium members only.

The historical data trend for Under Armour's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Under Armour EBIT Chart

Under Armour Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4,751.14 3,813.01 -2,603.25 -638.23

Under Armour Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,152.84 304.11 897.99 -1,346.83 -463.37

MEX:UAA vs FIGS, COLM, GIII: EBIT Comparison

For the Apparel Manufacturing subindustry, Under Armour's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Under Armour EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Under Armour's EV-to-EBIT falls into.


MEX:UAA
48GF Score
Under Armour Inc MEX:UAA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Under Armour EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-608 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN-608 Mil mean?
Under Armour (MEX:UAA) has a EBIT of MXN-608 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Under Armour.
Is Under Armour's EBIT too high?
Under Armour's current EBIT is MXN-608 Mil. Overall, Under Armour has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's EBIT compare to FIGS and COLM?
Under Armour's EBIT of MXN-608 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Under Armour. Under Armour's current EBIT is MXN-608 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Under Armour stock overvalued right now?
Based on GuruFocus' analysis, Under Armour (MEX:UAA) is currently considered Fairly Valued. The stock's GF Value™ is MXN111.50, compared to a current price of MXN103.00 — trading 7.6% below its estimated fair value. The current EBIT is MXN-608 Mil. Under Armour's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Under Armour (MEX:UAA), the current EBIT is MXN-608 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Under Armour (MEX:UAA) Overvalued in 2026?

Based on GuruFocus' analysis, Under Armour stock appears to be undervalued. The current stock price of MXN103.00 is trading 7.6% below its estimated GF Value™ of MXN111.50. GuruFocus considers Under Armour to be Fairly Valued.

Key valuation signals for MEX:UAA:

  • EBIT: MXN-608 Mil
  • GF Value™: MXN111.50 vs. price of MXN103.00 (7.6% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the MEX:UAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Under Armour Business Description

Address 101 Performance Drive, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and Latin America. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale partners, company-owned digital channels, and approximately 440 company-owned outlet and full-price stores. The Baltimore-based firm was founded in 1996 and is led by controlling shareholder Kevin Plank.
48GF Score

Get the complete analysis for MEX:UAA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN103.00
Price
MXN111.50
GF Value