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lululemon athletica LULU Free cash flow margin

Free cash flow margin at other companies

Nike logo
NikeNKE
2.3%-8.9pp
Ralph Lauren logo
Ralph LaurenRL
9.2%-5.2pp
Best Buy logo
Best BuyBBY
3.2%

Other financials

Income statement

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Revenue$2.5B+4.3%
Gross profit$1.3B-3.2%
Operating income$276.9M-36.9%
Net income$195.0M-38.0%
EPS (diluted)$1.69-35.0%

Balance sheet

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Cash & equivalents$1.5B+14.3%
Total debt$2.1B+25.2%
Total equity$4.8B+12.5%
Total assets$8.5B+14.8%

Cash flow

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Operating cash flow$214.4M+280%
CapEx$127.4M-16.3%
Free cash flow$87.1M+132%

Valuation

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Market cap$12.69B-61.0%
Enterprise value$13.31B-59.9%
P/E8.7×-9.3×
P/S1.1×-1.9×

Profitability

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Gross margin55.7%-3.6pp
Operating margin18.3%-5.1pp
Net margin13%-3.8pp

Returns & leverage

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Return on equity32%-10.5pp
Debt / equity0.4×0.0×
Current ratio2.2×-0.1×

Where this comes from

Calculated from lululemon athletica’s reported figures.

Based on trailing twelve months.

The official record: lululemon athletica’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is lululemon athletica's free cash flow margin?
lululemon athletica (LULU) reported free cash flow margin of 12.2% in Q1 2025.
How has lululemon athletica's free cash flow margin changed year-over-year?
lululemon athletica's free cash flow margin decreased by 30.6% year-over-year, from 17.6% to 12.2%.
What is the long-term trend for lululemon athletica's free cash flow margin?
Over 3 years (2021 to 2024), lululemon athletica's free cash flow margin has grown at a -2.1% compound annual growth rate (CAGR), from 69.5% to 65.3%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.