Lululemon Athletica (LULU) EBITDA Margin (2009 - 2026)
Lululemon Athletica's (LULU) quarterly EBITDA Margin came in at 22.31% in Q1 2026, down 655.0% year-on-year from 4.02% in Q1 2025, and up 31.34% quarter-over-quarter from 16.99% in Q4 2025.
Lululemon Athletica (LULU) EBITDA Margin (2009 - 2026) Analysis & Trends
Lululemon Athletica's EBITDA Margin history runs 18 years deep, the most recent figure standing at 22.31% for Q1 2026.
- On a quarterly basis, EBITDA Margin fell 655.0% year-over-year to 22.31% in Q1 2026; TTM through Feb 2026 was 19.91%, a 375.0% decrease from a year earlier, with the FY2026 full-year figure at 19.91%, down 375.0% from the prior year.
- EBITDA Margin rose to 22.31% in Q1 2026 per LULU's latest filing, from 16.99% in the prior quarter.
- Across five years, EBITDA Margin topped out at 28.86% in Q1 2025 and bottomed at 11.34% in Q1 2023.
- The 5-year median for EBITDA Margin is 20.47% (2024), against an average of 20.68%.
- Across the five-year window, EBITDA Margin tumbled 1639 bps in 2023 and jumped 1717 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 18.98% in 2022, then retreated by 19 bps to 15.34% in 2023, then surged by 33 bps to 20.47% in 2024, then dropped by 17 bps to 16.99% in 2025, then surged by 31 bps to 22.31% in 2026.
- Per Business Quant, the three latest LULU EBITDA Margin figures stand at 22.31% (Q1 2026), 16.99% (Q4 2025), and 20.74% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 12.27% |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | -51.06% |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 22.31% |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 12.73% |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 4.87% |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 9.43% |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 16.27% |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 7.97% |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn | 34.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 22.31% |
| Nov 2, 2025 | 16.99% |
| Aug 3, 2025 | 20.74% |
| May 4, 2025 | 18.50% |
| Feb 2, 2025 | 28.86% |
| Oct 27, 2024 | 20.47% |
| Jul 28, 2024 | 22.78% |
| Apr 28, 2024 | 19.59% |
| Jan 28, 2024 | 28.51% |
| Oct 29, 2023 | 15.34% |
| Jul 30, 2023 | 21.69% |
| Apr 30, 2023 | 20.06% |
| Jan 29, 2023 | 11.34% |
| Oct 30, 2022 | 18.98% |
| Jul 31, 2022 | 21.47% |
| May 1, 2022 | 16.14% |
| Jan 30, 2022 | 27.74% |
| Oct 31, 2021 | 17.78% |
| Aug 1, 2021 | 20.06% |
| May 2, 2021 | 15.80% |