Lululemon Athletica (LULU) FCF Margin (2009 - 2026)
Lululemon Athletica (LULU) reported FCF Margin of 9.32% for fiscal Q2 2027 (quarter ended Aug 2, 2026), up 3.35 percentage points from 5.97% a year earlier and up 5.80 percentage points from the prior quarter.
Lululemon Athletica (LULU) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 2, 2026, Lululemon Athletica's FCF Margin came in at 12.21%, up 1.49 percentage points year-over-year; for FY2026 (ended Feb 1, 2026), it came in at 8.30%, down 6.65 percentage points from FY2025.
- FCF Margin has a five-year change of -4.74 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 14.96% in FY2025 (-2.14 pp), 17.09% in FY2024 (+13.05 pp), 4.04% in FY2023 (-11.86 pp) and 15.90% in FY2022 (+2.85 pp).
- Five-year quarterly FCF Margin spans a low of -21.98% in fiscal Q1 2023 and a high of 36.74% in fiscal Q4 2024.
- Year over year, FCF Margin gained in two of the last eight quarters, with an average year-over-year change of -2.13 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q2 2024 (a gain of 17.51 percentage points); the low point was fiscal Q1 2023 (a drop of 34.20 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 3.52% (Q1 2027), 26.36% (Q4 2026) and 3.21% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 52.47 Bn | 18.46 Bn | 5.39 Bn | 13.66% |
| 2 | Tapestry | 23.05 Bn | 19.01 Bn | 1.56 Bn | 24.99% |
| 3 | Ralph Lauren | 21.35 Bn | 13.45 Bn | 1.44 Bn | 14.59% |
| 4 | Deckers Outdoor | 11.12 Bn | 3.99 Bn | - | - |
| 5 | Lululemon Athletica | 10.25 Bn | 4.50 Bn | 1.46 Bn | 9.32% |
| 6 | Levi Strauss | 7.60 Bn | 4.25 Bn | 979.10 Mn | 14.78% |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 23.21% |
| 8 | Birkenstock Holding | 5.97 Bn | 4.27 Bn | 493.89 Mn | 37.90% |
| 9 | Crocs | 5.64 Bn | 5.06 Bn | 700.71 Mn | 28.06% |
| 10 | V F | 5.53 Bn | 2.15 Bn | 917.04 Mn | -6.11% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 9.32% |
| May 3, 2026 | 3.52% |
| Feb 1, 2026 | 26.36% |
| Nov 2, 2025 | 3.21% |
| Aug 3, 2025 | 5.97% |
| May 4, 2025 | -11.44% |
| Feb 2, 2025 | 32.30% |
| Oct 27, 2024 | 5.10% |
| Jul 28, 2024 | 12.57% |
| Apr 28, 2024 | -0.14% |
| Jan 28, 2024 | 36.74% |
| Oct 29, 2023 | 10.30% |
| Jul 30, 2023 | 14.99% |
| Apr 30, 2023 | -4.57% |
| Jan 29, 2023 | 30.28% |
| Oct 30, 2022 | -5.91% |
| Jul 31, 2022 | -2.52% |
| May 1, 2022 | -21.98% |
| Jan 30, 2022 | 28.34% |
| Oct 31, 2021 | 2.47% |
Lululemon Athletica FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=LULU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LULU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();