UA vs. MKC
UA (Under Armour, Inc.) and MKC (McCormick & Company, Incorporated) are both stocks. UA operates in Apparel Manufacturing (Consumer Cyclical), while MKC operates in Packaged Foods (Consumer Defensive). Over the past 10 years, UA returned -16.19%/yr vs 1.82%/yr for MKC. At a 0.17 correlation, their price movements are largely independent.
Performance
UA vs. MKC - Performance Comparison
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Returns By Period
In the year-to-date period, UA achieves a 22.50% return, which is significantly higher than MKC's -27.49% return. Over the past 10 years, UA has underperformed MKC with an annualized return of -16.19%, while MKC has yielded a comparatively higher 1.82% annualized return.
UA
- 1D
- 0.86%
- 1M
- 17.84%
- YTD
- 22.50%
- 6M
- 41.35%
- 1Y
- -4.85%
- 3Y*
- -5.28%
- 5Y*
- -20.46%
- 10Y*
- -16.19%
MKC
- 1D
- -0.57%
- 1M
- 5.61%
- YTD
- -27.49%
- 6M
- -25.55%
- 1Y
- -31.93%
- 3Y*
- -16.44%
- 5Y*
- -9.29%
- 10Y*
- 1.82%
UA vs. MKC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UA Under Armour, Inc. | 22.50% | -35.66% | -10.66% | -6.39% | -50.55% | 21.24% | -22.42% | 18.61% | 21.40% | -47.08% |
MKC McCormick & Company, Incorporated | -27.49% | -8.33% | 13.97% | -15.68% | -12.65% | 2.67% | 14.70% | 23.65% | 39.01% | 11.34% |
Correlation
The correlation between UA and MKC is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2016 | 0.17 |
Fundamentals
UA:
$2.50B
MKC:
$13.19B
UA:
-$1.16
MKC:
$6.10
UA:
0.51
MKC:
1.85
UA:
1.77
MKC:
1.89
UA:
$4.97B
MKC:
$7.11B
UA:
$2.26B
MKC:
$2.70B
UA:
-$86.93M
MKC:
$1.22B
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Return for Risk
UA vs. MKC — Risk / Return Rank
UA
MKC
UA vs. MKC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UA) and McCormick & Company, Incorporated (MKC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UA | MKC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.80 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | -0.85 | +0.65 |
| Martin ratioReturn relative to average drawdown | -0.33 | -1.69 | +1.36 |
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Drawdowns
UA vs. MKC - Drawdown Comparison
The maximum UA drawdown since its inception was -91.34%, which is greater than MKC's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for UA and MKC.
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Drawdown Indicators
| UA | MKC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.34% | -52.02% | -39.32% |
Max Drawdown (1Y)Largest decline over 1 year | -42.86% | -39.50% | -3.36% |
Max Drawdown (3Y)Largest decline over 3 years | -60.16% | -47.65% | -12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -82.50% | -52.02% | -30.48% |
Max Drawdown (10Y)Largest decline over 10 years | -89.92% | -52.02% | -37.90% |
Current DrawdownCurrent decline from peak | -87.14% | -48.49% | -38.65% |
Average DrawdownAverage peak-to-trough decline | -69.19% | -11.03% | -58.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.26% | 19.92% | +6.34% |
Volatility
UA vs. MKC - Volatility Comparison
Under Armour, Inc. (UA) has a higher volatility of 11.83% compared to McCormick & Company, Incorporated (MKC) at 6.12%. This indicates that UA's price experiences larger fluctuations and is considered to be riskier than MKC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UA | MKC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.83% | 6.12% | +5.71% |
Volatility (6M)Calculated over the trailing 6-month period | 43.31% | 23.28% | +20.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.90% | 28.06% | +25.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.27% | 24.34% | +25.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.37% | 24.17% | +26.20% |
Dividends
UA vs. MKC - Dividend Comparison
UA has not paid dividends to shareholders, while MKC's dividend yield for the trailing twelve months is around 3.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKC McCormick & Company, Incorporated | 3.80% | 2.69% | 2.24% | 2.32% | 1.81% | 1.44% | 1.68% | 1.37% | 1.53% | 1.89% | 1.89% | 1.91% |
UA Under Armour, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
UA vs. MKC - Financials Comparison
This section allows you to compare key financial metrics between Under Armour, Inc. and McCormick & Company, Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
UA vs. MKC - Profitability Comparison
UA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported a gross profit of 465.14M and revenue of 1.15B. Therefore, the gross margin over that period was 40.3%.
MKC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, McCormick & Company, Incorporated reported a gross profit of 708.90M and revenue of 1.87B. Therefore, the gross margin over that period was 37.8%.
UA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported an operating income of -33.70M and revenue of 1.15B, resulting in an operating margin of -2.9%.
MKC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, McCormick & Company, Incorporated reported an operating income of 227.50M and revenue of 1.87B, resulting in an operating margin of 12.1%.
UA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported a net income of -43.39M and revenue of 1.15B, resulting in a net margin of -3.8%.
MKC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, McCormick & Company, Incorporated reported a net income of 1.02B and revenue of 1.87B, resulting in a net margin of 54.2%.
Frequently Asked Questions
UA and MKC have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UA has higher volatility (11.83%) compared to MKC (6.12%). In terms of maximum drawdown, UA dropped -91.34% vs MKC's -52.02%.
UA currently has the higher Sharpe Ratio (-0.16 vs -1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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