Lululemon Athletica Inc. (LULU)

NASDAQ: LULU · USD

$105

+0.54 (+0.5%)· Recorded snapshot

영어 원본으로 대체KO

번역하는 동안 영어 원본을 표시 중

이 리포트는 아직 번역되지 않았습니다. 번역 대기열이 따라잡으면 몇 분 후에 새로고침하세요.

StockMarketAgent Research · Analyzed 2026-05-19

Our latest published analysis: LULU rated Strong Buy

Lululemon Athletica Inc.'s published Strong Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$228 / share

Potential value

$282 / share

Upside to FV

+91.7%

from $105

Moat

6.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$14.3B
Revenue (ttm)	11.1B
Net income (ttm)	1.4B
EPS (ttm)	$12.2
Shares out	110.7M
P/E (trailing)	8.6x
P/E (forward)	9.0x
Volume	2,983,421
Beta	0.92

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 11.1B
Net income (ttm): 1.4B
EPS (ttm): $12.2
P/E (trailing): 8.6x
P/E (forward): 9.0x
Market cap: $14.3B

Item	P1	P2	P3	P4	P5	Trend
Period	2022-01-31	2023-01-31	2024-01-31	2025-01-31	2026-01-31	Trend
Revenue	$6.26B	$8.11B	$9.62B	$10.59B	$11.10B	+15.4%
Gross profit	$3.61B	$4.49B	$5.61B	$6.27B	$6.28B	+14.9%
Operating income	$1.37B	$1.73B	$2.21B	$2.51B	$2.21B	+12.6%
Net income	$975.3M	$854.8M	$1.55B	$1.81B	$1.58B	+12.8%
EPS (diluted)	$7.49	$6.68	$12.20	$14.64	$13.26	+15.3%
EBITDA	$1.60B	$2.02B	$2.59B	$2.95B	$2.71B	+14.1%
R&D	—	—	—	—	—	—
SG&A	$2.23B	$2.76B	$3.40B	$3.76B	$4.07B	+16.3%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	매도
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	매도
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	적극 매수
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	매도
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	매수
AZO	AutoZone Inc.	50.8B	20.7x	2.5x	26.3%	+6.8%	-17.3%	보유

Base and Bull scenarios

Bull20%

Price target

$281.62

+136.2% from spot

Brand equity sustains premium pricing, international expansion accelerates, and the men's category drives mid-to-high single digit revenue growth, rapidly restoring valuation multiple expansion.

Gross margins expand beyond 58%
China revenue growth exceeds 30% CAGR
Terminal multiple normalizes to 25x

Base60%

Price target

$228.48

+91.6% from spot

Near-term growth digestion limits immediate upside, but steady low-to-mid single digit revenue growth and normalized 20%+ operating margins eventually compound intrinsic value.

Revenue growth anchors at 3.36% Year 1
Operating margins stabilize at 21%
Terminal P/E multiple anchors at 20x

Sensitivity: Ke × terminal growth

The highlighted base cell is anchored to valuation synthesis sensitivity reference ($228.48). It is the reference value for this grid, not a separate standalone fair-value claim.

Ke ↓ / g →	2.0%	2.5%	3.0%	3.5%	4.0%
7.6%	$269	$296	$328	$368	$400
8.6%	$228	$247	$269	$296	$328
9.6%	$198	$212	$228	$247	$269
10.6%	$175	$186	$198	$212	$228
11.6%	$157	$166	$175	$186	$198

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E9

P25 n/aP50 n/aP75 n/a

Trailing P/E9

P25 n/aP50 n/aP75 n/a

ROE30.9

P25 n/aP50 n/aP75 n/a

ROIC23.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All LULU indicators

Market & fundamental data

Available fields

271

Groups with data

Currency

USD

Showing 271 of 271 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001397187
Company name	lululemon athletica inc.
Country	Canada
Country code	US
CUSIP number	550021109
Earnings date	2026-12-10
Earnings time	amc
Employees	39,000
Employees change	0
Employees growth	0%
Enterprise value	$12.4B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-08-02
First seen	2026-05-09
Fiscal year end	February
Founded	1998
In index	SP500
Industry	Apparel Retail
IPO date	2007-07-27
Is primary listing	Yes
Is SPAC	No
ISIN number	US5500211090
Last 10-K release date	2026-03-17
Last earnings date	2026-09-03
Last refreshed	2026-10-28
Last stock split date	2011-07-12
Last stock split type	Forward
Market cap	$11.6B
Market cap category	Large-Cap
Next earnings date	2026-12-10
Options	Yes
Price	$105.13
Price currency	USD
Sector	Consumer Discretionary
SIC code	2300
Stock price date	2026-10-28
Symbol	LULU
Website	https://corporate.lululemon.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	9.26x
Average P/E ratio (10Y)	39.48x
Average P/E ratio (3Y)	21.79x
Average P/E ratio (5Y)	31.69x
Earnings yield	11.62%
EV/Earnings	8.76x
EV/EBIT	6.73x
EV/EBITDA	5.21x
EV/FCF	9.17x
EV/Sales	1.12x
FCF / EV yield	10.91%
FCF yield	11.61%
Forward EV/Sales	1.21x
Forward P/E	12.48x
Forward P/S	1.14x
Graham number	108.58947
Graham upside	3.05%
Industry forward P/E	21.49x
Industry P/E	19.92x
Lynch fair value	$139.26
Lynch upside	32.16%
P/(FCF - SBC) ratio	9.24x
P/(OCF - SBC) ratio	6.17x
P/B ratio	2.44x
P/E ratio	8.61x
P/FCF ratio	8.61x
P/OCF ratio	5.89x
P/S ratio	1.05x
Price / tangible book value	2.53x
Price/EBITDA ratio	4.89x
Sector forward P/E	24.43x
Sector P/E	30.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	16.62%
EBITDA margin	21.49%
Effective tax rate	29.4%
FCF margin	12.21%
Gross margin	54.89%
Operating margin	16.62%
Pretax margin	18.1%
Profit margin	12.78%
Profit per employee	$36,358
Profitable quarters	82
Profitable years	21
Revenue per employee	$284,460
ROA	14.4%
ROA (5Y)	19.91%
ROCE	27.6%
ROE	30.9%
ROE (5Y)	36.86%
ROIC	23.7%
ROIC (5Y)	43.42%
SBC / revenue	0.82%
Tax / revenue	5.32%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-17.02%
EPS growth (Q)	-5.93%
EPS growth (QoQ)	72.55%
EPS growth 10Y	20.15%
EPS growth 3Y	15.66%
EPS growth 5Y	14.09%
EPS growth years	0
FCF growth	15.94%
FCF growth (Q)	49.33%
FCF growth (QoQ)	158.63%
FCF growth 3Y	11.8%
FCF growth 5Y	6.81%
Gross profit growth	-5.49%
Gross profit growth (Q)	-10.14%
Gross profit growth 3Y	6.68%
Gross profit growth 5Y	13.86%
Net income growth	-20.6%
Net income growth (Q)	-11.24%
Net income growth (QoQ)	68.79%
Net income growth 3Y	12.07%
Net income growth 5Y	11.4%
Net income growth years	0
OCF growth	3.68%
OCF growth (Q)	14.05%
OCF growth (QoQ)	74.8%
OCF growth 10Y	18.35%
OCF growth 3Y	6.64%
OCF growth 5Y	9.78%
Operating income growth	-26.09%
Operating income growth (Q)	-39.07%
Operating income growth 3Y	-1.93%
Operating income growth 5Y	9.38%
Revenue growth	1.74%
Revenue growth (Q)	-4.34%
Revenue growth (QoQ)	-2.26%
Revenue growth 10Y	17.59%
Revenue growth 3Y	7.87%
Revenue growth 5Y	14.97%
Revenue growth years	21

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-627.7M
Depreciation and amortization	$539.7M
EBIT	$1.8B
EBITDA	$2.4B
EPS	$12.22
FCF per share	$12.23
Financing cash flow	$-1.2B
Free cash flow	$1.4B
Free cash flow minus SBC	$1.3B
Gross profit	$6.1B
Income taxes	$590.5M
Investing cash flow	$-624M
Net cash flow	$233.9M
Net income	$1.4B
Operating cash flow minus SBC	$1.9B
Operating income	$1.8B
Revenue	$11.1B
Stock-based compensation	$91.2M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	6.17
Book value per share	$42.90
Debt / EBITDA	0.71
Debt / equity	0.45
Debt / FCF	1.58
Goodwill	$185.8M
Long-term assets	$4.5B
Long-term liabilities	$1.9B
Net cash (debt)	$-751.4M
Net cash / market cap	-6.44%
Net debt / EBITDA	0.32
Net debt / equity	0.16
Net debt / FCF	0.55
Piotroski F-Score	4
Property, plant and equipment	$4B
Shareholders' equity	$4.8B
Tangible book value	$4.6B
Tangible book value per share	$41.21
Total assets	$8.5B
Total cash	$1.4B
Total debt	$2.1B
Total liabilities	$3.7B
WACC	7.88%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.39
Current assets	$3.9B
Current liabilities	$1.8B
Current ratio	2.19
Inventory turnover	2.91
Net working capital	$1.1B
Quick ratio	0.87
Working capital	$2.1B
Working capital turnover	5.39

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	4.31%
Dividend yield	0%
Shareholder yield	4.31%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	83.22%
10Y return CAGR	6.24%
10Y total return	83.22%
150-day SMA	$120.62
15Y price change	82.08%
15Y return CAGR	4.08%
15Y total return	82.08%
1D price change	0.52%
1M price change	3.5%
1M total return	3.5%
1W price change	4.9%
1W total return	4.9%
1Y price change	-42.2%
1Y return CAGR	-42.22%
1Y total return	-42.2%
20-day SMA	$97.25
200-day SMA	$134.78
3M price change	-11.02%
3M total return	-11.02%
3Y price change	-72.9%
3Y return CAGR	-35.28%
3Y total return	-72.9%
50-day SMA	$103.40
50-day SMA vs 200-day SMA	50under200
52-week high	$225.98
52-week high date	2025-12-18
52-week low	$90.38
52-week low date	2026-10-08
5Y price change	-75.83%
5Y return CAGR	-24.73%
5Y total return	-75.83%
6M price change	-28.65%
6M total return	-28.65%
All-time high	$516.39
All-time high date	2023-12-29
All-time low	$2.17
All-time low date	2009-03-06
Average true range (ATR)	$4.03
Average volume	4.1M
Beta (1Y)	1.34
Beta (2Y)	1.1
Beta (5Y)	0.92
Change from 52-week high	-53.48%
Change from 52-week low	16.32%
Change from all-time high	-79.7%
Change from all-time low	4,742.49%
Change from open	1.79%
Day's gap	-1.25%
Dollar volume	$313.6M
High price	$106.39
Low price	$102.99
Monthly RSI	33.4
Open price	$103.28
Position in 52-week range	62.94%
Premarket change	-1.04%
Premarket close	$104.59
Premarket price	$103.50
Premarket volume	9.1K
Previous close	$104.59
Price vs 150-day SMA	-13.08%
Price vs 20-day SMA	7.8%
Price vs 200-day SMA	-22.21%
Price vs 50-day SMA	1.39%
Relative volume	0.73
RSI	57.6
Sharpe ratio	-1.05
Sharpe ratio (3Y)	-0.87
Sharpe ratio (5Y)	-0.5
Sortino ratio	-1.22
Sortino ratio (3Y)	-0.99
Sortino ratio (5Y)	-0.54
Volume	3M
Weekly RSI	39.73
YTD price change	-49.55%
YTD total return	-49.55%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	101.7M
Float percentage	91.87%
Shares change (QoQ)	-2.22%
Shares change (YoY)	-4.31%
Shares held by insiders	8.03%
Shares held by institutions	76.97%
Shares outstanding	110.7M
Short % of float	15.12%
Short % of shares	13.89%
Short ratio	1.9 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	215

Deeper analysis on LULU

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this LULU report

What is the latest published LULU stock rating?

Lululemon Athletica Inc. is shown with Strong Buy in the latest published report, analyzed 2026-05-19. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full LULU analysis?

The full latest published report, analyzed 2026-05-19, lives at /stocks/LULU/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for LULU?

The latest published report analyzed 2026-05-19 gives LULU a fair value of USD 228 and a potential value of USD 282. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the LULU page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-19). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Strong BuyLULU · Fair value $228+91.7%

Read full analysis →

Lululemon Athletica Inc. (LULU)

Our latest published analysis: LULU rated Strong Buy

Price

Financial snapshot

Fair-value bridge

Latest news · LULU

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All LULU indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on LULU

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	9.5
Management	6.9
Balance Sheet	7.5
Profitability	7.5
Revenue Growth	4.5
Risk Assessment	7.0
Competitive Moat	6.5
Earnings Quality	4.5
Capital Efficiency	7.0