Under ArmourUAA +2.71%57 Return-on-Tangible-Equity is -18.74% as of Mar. 2026. GuruFocus rates UAA with a GF Score™ of 57/100 and a GF Value™ of $6.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, Under Armour ranks worse than 94.65% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Under Armour's annualized net income for the quarter that ended in Mar. 2026 was $-174 Mil. Under Armour's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $926 Mil. Therefore, Under Armour's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -18.74%.
The historical rank and industry rank for Under Armour's Return-on-Tangible-Equity or its related term are showing as below:
UAA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.83 Med: -3.26 Max: 27.72
Current: -41.45
During the past 13 years, Under Armour's highest Return-on-Tangible-Equity was 27.72%. The lowest was -42.83%. And the median was -3.26%.
UAA's Return-on-Tangible-Equity is ranked worse than 94.65% of 1010
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs UAA: -41.45
Under Armour (NYSE:UAA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Under Armour Return-on-Tangible-Equity Related Terms
Under Armour Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Under Armour's Return-on-Tangible-Equity 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.
UAA vs COLM, FIGS, PVH: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Under Armour's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Under Armour's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -18.74% mean?
Under Armour (UAA) has a Return-on-Tangible-Equity of -18.74% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Under Armour and its competitors. According to the industry distribution chart, Under Armour ranks #956 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.7%.
Is Under Armour's Return-on-Tangible-Equity too high?
Under Armour's current Return-on-Tangible-Equity is -18.74%. Based on the distribution chart, Under Armour ranks #956 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Under Armour has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Under Armour's Return-on-Tangible-Equity compare to COLM and FIGS?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Under Armour ranks #956 out of 1010 companies for Return-on-Tangible-Equity. This places Under Armour in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Under Armour and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Under Armour's current Return-on-Tangible-Equity is -18.74%. 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 (UAA) is currently considered Fairly Valued. The stock's GF Value™ is $6.56, compared to a current price of $6.81 — trading 3.8% above its estimated fair value. The current Return-on-Tangible-Equity is -18.74%. Under Armour's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Under Armour (UAA), the current Return-on-Tangible-Equity is -18.74% 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 (UAA) Overvalued in 2026?
Based on GuruFocus' analysis, Under Armour stock appears to be overvalued.
The current stock price of $6.81 is trading 3.8% above its estimated GF Value™ of $6.56.
GuruFocus considers Under Armour to be Fairly Valued.
Key valuation signals for UAA:
Return-on-Tangible-Equity: -18.74%
GF Value™: $6.56 vs. price of $6.81 (3.8% above fair value)
No single metric tells the full story. See the UAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
Get the complete analysis for UAA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
UAA has been successfully added to your 
