Under Armour annual debt-to-equity ratio
2009
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2025
2026
Under Armour Debt-to-Equity Ratio Growth & History (UAA)
Under Armour's debt-to-equity ratio was 1.37 for fiscal 2026.
View full Under Armour company overviewUnder Armour annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 1.37 | 0.68 | +99.49% |
| 2025 | 2025-03-31 | 0.69 | 0.02 | +2.60% |
| 2024 | 2024-03-31 | 0.67 | −0.10 | −13.40% |
| 2023 | 2023-03-31 | 0.77 | — | — |
| 2021 | 2021-12-31 | 0.73 | −0.48 | −39.61% |
| 2020 | 2020-12-31 | 1.20 | 0.60 | +98.90% |
| 2019 | 2019-12-31 | 0.60 | 0.24 | +67.22% |
| 2018 | 2018-12-31 | 0.36 | −0.03 | −7.90% |
| 2017 | 2017-12-31 | 0.39 | −0.01 | −2.51% |
| 2016 | 2016-12-31 | 0.40 | 0.00 | +0.80% |
| 2015 | 2015-12-31 | 0.40 | 0.19 | +89.70% |
| 2014 | 2014-12-31 | 0.21 | 0.16 | +318.91% |
| 2013 | 2013-12-31 | 0.05 | −0.03 | −33.68% |
| 2012 | 2012-12-31 | 0.08 | −0.05 | −37.97% |
| 2011 | 2011-12-31 | 0.12 | 0.09 | +280.70% |
| 2010 | 2010-12-31 | 0.03 | −0.02 | −36.55% |
| 2009 | 2009-12-31 | 0.05 | — | — |
Under Armour quarterly debt-to-equity ratio
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
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Q3.13
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Q1.14
Q2.14
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Q1.15
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Q4.15
Q1.16
Q2.16
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Q2.17
Q3.17
Q4.17
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Q4.18
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Q1.21
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Q2.22
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Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.96 | 0.07 | +7.78% |
| Q4 2026 | 2026-03-31 | 1.37 | 0.68 | +99.49% |
| Q3 2026 | 2025-12-31 | 1.18 | 0.52 | +78.93% |
| Q2 2026 | 2025-09-30 | 1.02 | 0.35 | +52.61% |
| Q1 2026 | 2025-06-30 | 0.89 | 0.15 | +20.94% |
| Q4 2025 | 2025-03-31 | 0.69 | 0.02 | +2.60% |
| Q3 2025 | 2024-12-31 | 0.66 | −0.03 | −4.78% |
| Q2 2025 | 2024-09-30 | 0.67 | −0.05 | −6.37% |
| Q1 2025 | 2024-06-30 | 0.74 | −0.02 | −2.17% |
| Q4 2024 | 2024-03-31 | 0.67 | −0.10 | −13.40% |
| Q3 2024 | 2023-12-31 | 0.69 | −0.14 | −16.72% |
| Q2 2024 | 2023-09-30 | 0.72 | −0.12 | −13.85% |
| Q1 2024 | 2023-06-30 | 0.76 | −0.09 | −10.21% |
| Q4 2023 | 2023-03-31 | 0.77 | −0.08 | −9.38% |
| Q3 2023 | 2022-12-31 | 0.83 | 0.10 | +14.25% |
| Q3 2022 | 2022-09-30 | 0.83 | 0.06 | +7.26% |
| Q2 2022 | 2022-06-30 | 0.84 | −0.08 | −8.97% |
| Q1 2022 | 2022-03-31 | 0.85 | −0.26 | −23.37% |
| Q4 2021 | 2021-12-31 | 0.73 | −0.48 | −39.61% |
| Q3 2021 | 2021-09-30 | 0.78 | −0.60 | −43.75% |
| Q2 2021 | 2021-06-30 | 0.92 | −0.68 | −42.26% |
| Q1 2021 | 2021-03-31 | 1.11 | 0.06 | +5.51% |
| Q4 2020 | 2020-12-31 | 1.20 | 0.60 | +98.90% |
| Q3 2020 | 2020-09-30 | 1.38 | 0.78 | +128.40% |
| Q2 2020 | 2020-06-30 | 1.60 | 0.96 | +150.46% |
| Q1 2020 | 2020-03-31 | 1.06 | 0.43 | +67.48% |
| Q4 2019 | 2019-12-31 | 0.60 | 0.24 | +67.22% |
| Q3 2019 | 2019-09-30 | 0.60 | 0.24 | +66.21% |
| Q2 2019 | 2019-06-30 | 0.64 | 0.23 | +57.79% |
| Q1 2019 | 2019-03-31 | 0.63 | 0.24 | +61.90% |
| Q4 2018 | 2018-12-31 | 0.36 | −0.03 | −7.90% |
| Q3 2018 | 2018-09-30 | 0.36 | −0.02 | −4.45% |
| Q2 2018 | 2018-06-30 | 0.41 | 0.01 | +1.88% |
| Q1 2018 | 2018-03-31 | 0.39 | −0.01 | −3.01% |
| Q4 2017 | 2017-12-31 | 0.39 | −0.01 | −2.51% |
| Q3 2017 | 2017-09-30 | 0.38 | −0.05 | −11.27% |
| Q2 2017 | 2017-06-30 | 0.40 | −0.09 | −18.58% |
| Q1 2017 | 2017-03-31 | 0.40 | 0.26 | +185.92% |
| Q4 2016 | 2016-12-31 | 0.40 | 0.00 | +0.80% |
| Q3 2016 | 2016-09-30 | 0.43 | 0.04 | +9.32% |
| Q2 2016 | 2016-06-30 | 0.49 | −0.01 | −2.95% |
| Q1 2016 | 2016-03-31 | 0.14 | −0.17 | −54.07% |
| Q4 2015 | 2015-12-31 | 0.40 | 0.19 | +89.70% |
| Q3 2015 | 2015-09-30 | 0.39 | 0.24 | +156.40% |
| Q2 2015 | 2015-06-30 | 0.50 | 0.33 | +191.95% |
| Q1 2015 | 2015-03-31 | 0.31 | 0.26 | +556.16% |
| Q4 2014 | 2014-12-31 | 0.21 | 0.16 | +318.91% |
| Q3 2014 | 2014-09-30 | 0.15 | 0.10 | +172.57% |
| Q2 2014 | 2014-06-30 | 0.17 | 0.11 | +172.39% |
| Q1 2014 | 2014-03-31 | 0.05 | −0.03 | −35.00% |
| Q4 2013 | 2013-12-31 | 0.05 | −0.03 | −33.68% |
| Q3 2013 | 2013-09-30 | 0.06 | −0.04 | −41.14% |
| Q2 2013 | 2013-06-30 | 0.06 | −0.04 | −40.98% |
| Q1 2013 | 2013-03-31 | 0.07 | −0.04 | −36.23% |
| Q4 2012 | 2012-12-31 | 0.08 | −0.05 | −37.97% |
| Q3 2012 | 2012-09-30 | 0.10 | −0.04 | −29.08% |
| Q2 2012 | 2012-06-30 | 0.11 | 0.04 | +56.64% |
| Q1 2012 | 2012-03-31 | 0.11 | 0.09 | +332.72% |
| Q4 2011 | 2011-12-31 | 0.12 | 0.09 | +280.70% |
| Q3 2011 | 2011-09-30 | 0.13 | 0.09 | +234.18% |
| Q2 2011 | 2011-06-30 | 0.07 | 0.03 | +85.75% |
| Q1 2011 | 2011-03-31 | 0.03 | — | — |
| Q4 2010 | 2010-12-31 | 0.03 | −0.02 | −36.55% |
| Q3 2010 | 2010-09-30 | 0.04 | — | — |
| Q2 2010 | 2010-06-30 | 0.04 | — | — |
| Q4 2009 | 2009-12-31 | 0.05 | — | — |
Under Armour debt-to-equity ratio trends
Between the periods ended 2009-12-31 and 2026-03-31, Under Armour's debt-to-equity ratio increased from 0.05 to 1.37, a change of 1.32. The latest reported quarter, Q1 2027, shows 0.96.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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