Lululemon Athletica (LULU) FCF Margin (2009 - 2026)

Lululemon Athletica's (LULU) quarterly FCF Margin came in at 26.36% in Q1 2026, up 496.0% year-on-year from 4.42% in Q1 2025, and up 415.48% quarter-over-quarter from 8.36% in Q4 2025.

Lululemon Athletica (LULU) FCF Margin (2009 - 2026) Analysis & Trends

Lululemon Athletica's FCF Margin history runs 18 years deep, the most recent figure standing at 26.36% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 496.0% year-over-year to 26.36% in Q1 2026; TTM through Feb 2026 was 8.3%, a 665.0% decrease from a year earlier, with the FY2026 full-year figure at 8.3%, down 665.0% from the prior year.
  • FCF Margin grew to 26.36% in Q1 2026 per LULU's latest filing, from 8.36% in the prior quarter.
  • Across five years, FCF Margin topped out at 29.12% in Q4 2023 and bottomed at 21.98% in Q2 2022.
  • The 5-year median for FCF Margin is 12.23% (2025), against an average of 8.92%.
  • Across the five-year window, FCF Margin tumbled 3420 bps in 2022 and jumped 3503 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 5.91% in 2022, then soared by 592 bps to 29.12% in 2023, then decreased by 26 bps to 21.52% in 2024, then sank by 139 bps to 8.36% in 2025, then jumped by 415 bps to 26.36% in 2026.
  • Per Business Quant, the three latest LULU FCF Margin figures stand at 26.36% (Q1 2026), 8.36% (Q4 2025), and 12.23% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 3.19%
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 13.88%
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn -2.44%
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 26.36%
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 2.23%
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn -12.24%
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn -0.23%
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 15.27%
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn -1.53%
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn 19.73%

Historic Data

Download Data
DateValue
Feb 1, 2026 26.36%
Nov 2, 2025 -8.36%
Aug 3, 2025 12.23%
May 4, 2025 -5.59%
Feb 2, 2025 21.40%
Oct 27, 2024 21.52%
Jul 28, 2024 7.82%
Apr 28, 2024 4.96%
Jan 28, 2024 23.80%
Oct 29, 2023 29.12%
Jul 30, 2023 14.99%
Apr 30, 2023 1.91%
Jan 29, 2023 15.63%
Oct 30, 2022 -5.91%
Jul 31, 2022 -2.52%
May 1, 2022 -21.98%
Jan 30, 2022 16.22%
Oct 31, 2021 2.47%
Aug 1, 2021 14.16%
May 2, 2021 12.22%