Company / Gross Margin
Under Armour (Class A) Gross Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
45.5%
FY2025
5-year range
44.8% / 47.9%
FY2021-FY2025
Trend
-5.1%
vs FY2024
Sector context
#33 of 120
Consumer Discretionary
What the data says
At 45.5%, Under Armour (Class A)'s gross margin ranks #33 of 120 in the Consumer Discretionary sector. Gross Margin has fluctuated over the past 9 years, ranging from 44.8% in FY2022 to 50.3% in FY2021.
Based on SEC 10-K filings.
45.5% in FY2025 with a 5-year CAGR of -2.8%.
Remained stable around 45.5% over the past 2 years.
Consumer Discretionary sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.7pp
- 5-Year Change
- -2.8pp
- 10-Year Change
- -
Sector benchmark
#33 of 120 in Consumer DiscretionaryTop 27% of 120This company 45.5% Sector average 36.2%
▼
+25.8% above sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 5.1% year-over-year.
- Currently 9.3pp above the Consumer Discretionary sector average.
- Peak gross margin was recorded in FY2021.
- Lowest gross margin in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.41 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | 45.5% | -5.1% |
| FY2024 | 47.9% | +3.9% |
| FY2023 | 46.1% | +3.0% |
| FY2022 | 44.8% | -11.0% |
| FY2021 | 50.3% | +4.3% |
| FY2020 | 48.3% | +2.9% |
| FY2019 | 46.9% | +4.1% |
| FY2018 | 45.1% | -0.1% |
| FY2017 | 45.1% | -3.0% |
As of FY2025 · SEC 10-K · Updated Jul 3, 2026