lululemon athletica inc. (LULU)
Consumer Discretionary · Apparel, Accessories & Luxury Goods · US stock · S&P 500 component
$97.10
▼ -1.99 (2.01%)
Fair valueData under review
$437
$218fair band $306–$568$655
Day's range
$96.57 – $100.67
52-week range
$90.38 – $225.98
About lululemon athletica inc.
Lululemon designs and sells athletic apparel and accessories for yoga, running, training and everyday wear. It sells through its own retail stores, its websites and mobile apps, and to a lesser extent through outlets and wholesale partners. Revenue comes from product sales to consumers, and the company relies on brand loyalty, product design and its growth in international markets.
The company reported revenue of $11.1 billion for the last twelve months at lululemon athletica inc.. Revenue growth over the past three years averaged 11.0% a year. It kept an operating margin of 17.8%. The return on invested capital reached 41%, a measure of profit earned on the money invested in the business. Net debt to EBITDA is -0.6 times, which means the company holds more cash than debt. The company does not pay a dividend. On the site's X-Ray Score, it rates 76 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $90.38 – $225.98Volume 3,446,500Daily, split-adjusted
Vitals
Market cap$11.0B
52-week range$90.38 – $225.98
Volume (last day)3,446,500
P/E (TTM)8.0
EBIT / EV yield20.7%
Free-cash-flow yield12.4%
Dividend yieldNo dividend
Revenue (TTM)$11.1B
Net income (TTM)$1.4B
Operating margin17.8%
Return on capital41.1%
Debt incl. leases$0
Cash & securities$1.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$437model spread $387 – $468
Data under review
+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $97
Undervalued < $306Fair $306 – $568Overvalued > $568
10-year DCF (market-scaled)
$635
Peer multiples
$266
Earnings power floor (not blended)
$182
Fundamentals-adjusted multiple
$410
Growth the price implies
-11.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Valuation
Strong
95/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield20.7%
Free-cash-flow yield12.4%
Fair value vs price4.5×
Growth
Fair
69/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)11.0%
EPS growth (3y)25.7%
Growth consistency90%
Profitability
Fair
66/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital41.1%
Operating margin17.8%
Gross profitability73.4%
Financial health
Strong
75/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA-0.6×
Interest coverNo interest cost
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+7.3%
May '25
+6.5%
Aug '25
+7.1%
Nov '25
+0.8%
Feb '26
+4.3%
May '26
-4.3%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.4B, diluted EPS $2.92.
Compare with peers
TPR Tapestry, Inc.61 RL Ralph Lauren Corp61 NKE NIKE, Inc.42Other Apparel, Accessories & Luxury Goods companies by X-Ray Score.
Fundamentals checklist
● 12 Good · ● 4 Average · ● 0 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 79/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $6.3B | $8.1B | $9.6B | $10.6B | $11.1B |
| Operating income | $1.3B | $1.3B | $2.1B | $2.5B | $2.2B |
| Net income | $975M | $855M | $1.6B | $1.8B | $1.6B |
| Operating cash flow | $1.4B | $966M | $2.3B | $2.3B | $1.6B |
| Operating margin | 21.3% | 16.4% | 22.2% | 23.7% | 19.9% |
| Free cash flow | $995M | $328M | $1.6B | $1.6B | $922M |
| Diluted EPS | $7.49 | $6.68 | $12.20 | $14.64 | $13.26 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
4 bullish · 4 neutral · 8 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 94.51 | Bullish |
| EMA 10 | 95.82 | Bullish |
| SMA 20 | 96.97 | Bullish |
| EMA 20 | 97.37 | Bearish |
| SMA 50 | 106.7 | Bearish |
| EMA 50 | 104.2 | Bearish |
| SMA 100 | 112.6 | Bearish |
| EMA 100 | 114.6 | Bearish |
| SMA 200 | 139.1 | Bearish |
| EMA 200 | 136.7 | Bearish |
Oscillators (daily)
| RSI (14) | 45.98 | Neutral |
| MACD (12, 26) | -2.80 | Bearish |
| Momentum (12) | 0.95 | Bullish |
| Stochastic %K (14) | 65.31 | Neutral |
| Williams %R (14) | -34.69 | Neutral |
| CCI (20) | 24.86 | Neutral |
Pivot points (classic, last session)
S3 91.46 | S2 94.01 | S1 95.56 | Pivot 98.11 | R1 99.66 | R2 102.2 | R3 103.8 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
LULU SEC filings
7 Oct 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
14 Sep 2026
8-KSEC EDGAR
Director or officer change
3 Sep 2026
10-QSEC EDGAR
Quarterly report
3 Sep 2026
8-KSEC EDGAR
Results of operations
13 Aug 2026
8-KSEC EDGAR
Other events
26 Jun 2026
8-KSEC EDGAR
Director or officer change; Shareholder vote results
4 Jun 2026
10-QSEC EDGAR
Quarterly report
4 Jun 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.