Stocktoria

lululemon athletica inc. LULU

Nasdaq · stock · Apparel & Other Finishd Prods of Fabrics & Similar Matl · website · IPO 2007-05-01 · LEI

lululemon athletica inc. statistics & valuation

Market cap$14.0B
P / E8.8×
P / S1.3×
P / B2.8×
P / FCF15.1×
Net margin14.2%
Return on equity31.8%
FCF margin8.3%
Return on capital33.7%
Graham number -7.7%$111.50

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($111.50); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
12.90% 9.80% 14.70% 16.20% 13.40% 15.60% 10.50% 16.10% 17.10% 14.20% 2017201820192020202120222023202420252026
Gross margin (%)
51.20% 52.80% 55.20% 55.90% 56.00% 57.70% 55.40% 58.30% 59.20% 56.60% 2017201820192020202120222023202420252026
Operating margin (%)
18.00% 17.20% 21.50% 22.30% 18.60% 21.30% 16.40% 22.20% 23.70% 19.90% 2017201820192020202120222023202420252026
Return on equity (%)
22.30% 16.20% 33.50% 33.10% 23.00% 35.60% 27.10% 36.60% 42.00% 31.80% 2017201820192020202120222023202420252026
Shares outstanding
137.3M 136.2M 134.0M 131.0M 130.9M 130.3M 128.0M 127.1M 123.9M 119.1M 2017201820192020202120222023202420252026
Net debt ($)
2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
18.30% 12.90% 23.20% 19.70% 14.10% 19.70% 15.20% 21.90% 23.90% 18.70% 2017201820192020202120222023202420252026
Free cash flow margin (%)
10.10% 12.50% 15.70% 9.70% 13.00% 15.90% 4.00% 17.10% 15.00% 8.30% 2017201820192020202120222023202420252026
Debt / equity (×)
2017201820192020202120222023202420252026
EPS ($)
$2.21 $1.90 $3.61 $4.93 $4.50 $7.49 $6.68 $12.20 $14.64 $13.26 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

lululemon athletica inc. trades at about 9.1× earnings — below its 10-year norm (10-year range 14×–69.3×, median 42.7×).

9.1× 69.3×

Shaded band = 10-year range (14×–69.3×); dot = today's 9.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin56.6%59.2%58.3%55.4%57.7%56.0%55.9%55.2%52.8%51.2%
Operating margin19.9%23.7%22.2%16.4%21.3%18.6%22.3%21.5%17.2%18.0%
Net margin14.2%17.1%16.1%10.5%15.6%13.4%16.2%14.7%9.8%12.9%
FCF margin8.3%15.0%17.1%4.0%15.9%13.0%9.7%15.7%12.5%10.1%
Return on assets18.7%23.9%21.9%15.2%19.7%14.1%19.7%23.2%12.9%18.3%
Return on equity31.8%42.0%36.6%27.1%35.6%23.0%33.1%33.5%16.2%22.3%
Current ratio2.262.162.492.121.862.412.912.864.914.80

Computed from company filings · US · as of 2026-02-01. Facts plus Stocktoria's own computed scores — not investment advice.