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
DateValue
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%