Lululemon Athletica (LULU) EBITDA Margin (2009 - 2026)
Lululemon Athletica (LULU) recorded quarterly EBITDA Margin of 19.36% in Q1 2026, up 71.76% quarter-over-quarter from 11.27% in Q4 2025, and up 154.0% on a YoY basis from 7.62% in Q1 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 19.36% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 154.0% year-over-year to 19.36%; the TTM figure through Feb 2026 stood at 15.97% (up 34.0% YoY), while the FY2026 annual figure was 15.97%, up 34.0% from the prior year.
- EBITDA Margin was 19.36% for Q1 2026 at Lululemon Athletica, up from 11.27% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 22.5% in Q1 2024 to a low of 5.74% in Q1 2023.
- Historically, EBITDA Margin has averaged 14.35% across 5 years, with a median of 14.91% in 2025.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin plunged 1236 bps in 2023, then jumped 1676 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 9.48% in 2022, then retreated by 17 bps to 7.84% in 2023, then surged by 82 bps to 14.27% in 2024, then slipped by 21 bps to 11.27% in 2025, then jumped by 72 bps to 19.36% in 2026.
- The last three EBITDA Margin figures came in at 19.36% (Q1 2026), 11.27% (Q4 2025), and 14.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 12.27% |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 17.08% |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 19.36% |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 12.73% |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | -17.85% |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 16.27% |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 10.09% |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 10.88% |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | 5.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 19.36% |
| Nov 2, 2025 | 11.27% |
| Aug 3, 2025 | 14.91% |
| May 4, 2025 | 16.97% |
| Feb 2, 2025 | 17.83% |
| Oct 27, 2024 | 14.27% |
| Jul 28, 2024 | 15.95% |
| Apr 28, 2024 | 13.16% |
| Jan 28, 2024 | 22.50% |
| Oct 29, 2023 | 7.84% |
| Jul 30, 2023 | 17.17% |
| Apr 30, 2023 | 13.26% |
| Jan 29, 2023 | 5.74% |
| Oct 30, 2022 | 9.48% |
| Jul 31, 2022 | 15.73% |
| May 1, 2022 | 10.49% |
| Jan 30, 2022 | 18.10% |
| Oct 31, 2021 | 13.66% |
| Aug 1, 2021 | 12.72% |
| May 2, 2021 | 15.38% |