RL vs UA
Ralph Lauren Corp. and Under Armour, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | RL | UA |
|---|---|---|
| Revenue | $8.1B | $5.0B |
| Net income | $941.1M | $-495.6M |
| Gross margin | 69.9% | 45.5% |
| Net margin | 11.6% | −10.0% |
| Return on equity | 34.7% | −30.0% |
| Diluted EPS | $15.11 | −$1.16 |
| Dividend / share | $3.65 | · |
| Payout ratio | 23.0% | · |
| Free cash flow | · | $-162.2M |
| Equity | $2.8B | $1.4B |
| Net debt / equity | −0.26× | 0.62× |
| Current ratio | 2.13× | 1.62× |
| Revenue CAGR 5y | 13.0% | 2.1% |
| Profit CAGR 5y | · | · |
RL bills 1.6× the revenue of UA, and UA closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | RL | UA |
|---|---|---|
| FY2025 | $8.1B | $5.0B |
| FY2024 | $7.1B | $5.2B |
| FY2023 | $6.6B | $5.7B |
| FY2022 | $6.4B | $5.9B |
| FY2021 | $6.2B | $5.7B |
| FY2020 | $4.4B | $4.5B |
| FY2019 | $6.2B | $5.3B |
| FY2018 | $6.3B | $5.2B |
| FY2017 | $6.2B | $5.0B |
| FY2016 | $6.7B | $4.8B |
Bottom line
| Fiscal year | RL | UA |
|---|---|---|
| FY2025 | $941.1M | $-495.6M |
| FY2024 | $742.9M | $-201.3M |
| FY2023 | $646.3M | $232.0M |
| FY2022 | $522.7M | $374.5M |
| FY2021 | $600.1M | $351.0M |
| FY2020 | $-121.1M | $-549.2M |
| FY2019 | $384.3M | $92.1M |
| FY2018 | $430.9M | $-46.3M |
| FY2017 | $162.8M | $-48.3M |
| FY2016 | $-99.3M | $257.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,148,130,000 | RL |
| FY2024 | +$1,914,690,000 | RL |
| FY2023 | +$929,521,000 | RL |
| FY2022 | +$540,435,000 | RL |
| FY2021 | +$535,908,000 | RL |
| FY2020 | −$73,867,000 | UA |
| FY2019 | +$892,668,000 | RL |
| FY2018 | +$1,119,815,000 | RL |
| FY2017 | +$1,193,056,000 | RL |
| FY2016 | +$1,819,462,000 | RL |
| FY2015 | +$3,441,887,000 | RL |
| FY2014 | +$4,535,930,000 | RL |
| FY2013 | +$5,117,949,000 | RL |
| FY2012 | +$5,110,079,000 | RL |
| FY2011 | +$5,387,316,000 | RL |
| FY2010 | +$4,596,373,000 | RL |
| FY2009 | +$4,122,489,000 | RL |
| FY2008 | +$4,098,456,000 | RL |
The higher-revenue side has changed between RL and UA over this period. The gap has narrowed since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +21.6 pp | RL |
| FY2024 | +14.4 pp | RL |
| FY2023 | +5.7 pp | RL |
| FY2022 | +1.8 pp | RL |
| FY2021 | +3.5 pp | RL |
| FY2020 | +9.5 pp | RL |
| FY2019 | +4.5 pp | RL |
| FY2018 | +7.7 pp | RL |
| FY2017 | +3.6 pp | RL |
| FY2016 | −6.8 pp | UA |
| FY2015 | −0.5 pp | UA |
| FY2014 | +2.5 pp | RL |
| FY2013 | +3.5 pp | RL |
| FY2012 | +3.8 pp | RL |
| FY2011 | +3.3 pp | RL |
| FY2010 | +3.6 pp | RL |
| FY2009 | +4.2 pp | RL |
| FY2008 | +3.1 pp | RL |
The higher net margin has changed hands between RL and UA over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UA's net margin has been more volatile than RL's over the 18 comparable fiscal years — 5.8 percentage points of standard deviation against 4.0.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between RL and UA over these 18 fiscal years — RL led in 16 and UA in 2.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UA's return on equity has been more volatile than RL's over the 18 comparable fiscal years — 15.0 percentage points of standard deviation against 9.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between RL and UA over these 18 fiscal years — RL led in 16 and UA in 2.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.