lululemon athletica LULU Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.7%-0.9pp | 56.6%-1.8pp | 58.4%-0.7pp | 59.1%-0.2pp | 59.3%+0.1pp | |
| Operating margin | 18.3%-1.6pp | 19.9%-2.1pp | 22%-0.8pp | 22.9%-0.5pp | 23.4%-0.3pp | |
| Net margin | 13%-1.2pp | 14.2%-1.5pp | 15.7%-0.7pp | 16.4%-0.4pp | 16.8%-0.3pp | |
| EBITDA margin | 22.9%-1.5pp | 24.4%-2.1pp | 26.5%-0.8pp | 27.3%-0.4pp | 27.7%-0.2pp | |
| Returns | ||||||
| Return on equity | 32%-2.0pp | 34%-7.0pp | 41%-1.4pp | 42.4%-0.1pp | 42.5%+0.1pp | |
| Return on assets | 18.3%-1.4pp | 19.7%-3.5pp | 23.1%-1.9pp | 25%-0.3pp | 25.4%+0.7pp | |
| Return on invested capital | 28.5%-6.7pp | 35.2%-0.7pp | 35.9%-3.6pp | 39.4%-2.7pp | 42.1%-6.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×0.0× | 1.4×-0.1× | 1.5×-0.1× | 1.5×0.0× | 1.5×+0.1× | |
| Inventory turnover | 3×-0.1× | 3.1×+0.6× | 2.4×-0.4× | 2.8×-0.1× | 2.9×-0.2× | |
| Liquidity | ||||||
| Current ratio | 2.2×0.0× | 2.3×+0.1× | 2.1×-0.1× | 2.3×0.0× | 2.3×+0.1× | |
| Quick ratio | 1.3×-0.1× | 1.4×+0.3× | 1×-0.1× | 1.2×-0.1× | 1.2×-0.2× | |
| Cash ratio | 0.8×-0.1× | 1×+0.4× | 0.6×-0.2× | 0.7×-0.1× | 0.8×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.2×+0.2× | -0×-0.3× | 0.2×0.0× | 0.2×+0.1× | 0.1×+0.3× | |
| Per Share | ||||||
| Book value per share | $41.79+0.3% | $41.67+9.7% | $37.98+3.6% | $36.66+3.3% | $35.50+1.7% | |
| Valuation | ||||||
| Market capitalization | $15.68B-27.8% | $21.72B-0.5% | $21.84B-9.9% | $24.23B-39.8% | $40.24B-9.6% | |
| Enterprise value | $16.3B-24.9% | $21.71B-3.8% | $22.57B-9.1% | $24.84B-38.8% | $40.62B-7.9% | |
| Price / earnings | 10.7×-3.0× | 13.8×+1.2× | 12.5×-1.0× | 13.6×-8.7× | 22.3×-2.3× | |
| Price / sales | 1.4×-0.6× | 2×0.0× | 2×-0.3× | 2.2×-1.5× | 3.7×-0.5× | |
| Price / book | 3.2×-1.1× | 4.4×-0.5× | 4.9×-0.7× | 5.5×-3.9× | 9.4×-0.9× | |
| EV / EBITDA | 6.4×-1.7× | 8×+0.3× | 7.7×-0.7× | 8.3×-5.3× | 13.6×-1.3× | |
| EV / sales | 1.5×-0.5× | 2×-0.1× | 2×-0.2× | 2.3×-1.5× | 3.8×-0.4× | |
| Earnings yield | 9.3%+2.0pp | 7.3%-0.7pp | 8%+0.6pp | 7.4%+2.9pp | 4.5%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are lululemon athletica's profit margins?
- lululemon athletica (LULU) runs a 55.7% gross margin and a 18.3% operating margin, with a 13.0% net margin.
- Where do lululemon athletica's ratios come from?
- Every ratio is computed from lululemon athletica's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
