Lululemon Athletica (LULU) Return on Capital Employed (2010 - 2026)

Lululemon Athletica's (LULU) quarterly Return on Capital Employed came in at 34.99% in Q1 2026, down 1054.0% year-on-year from 3.67% in Q1 2025, and down 15.46% quarter-over-quarter from 41.38% in Q4 2025.

Lululemon Athletica (LULU) Return on Capital Employed (2010 - 2026) Analysis & Trends

Lululemon Athletica's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 34.99% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 1054.0% year-over-year to 34.99% in Q1 2026; TTM through Feb 2026 was 34.99%, a 1054.0% decrease from a year earlier, with the FY2026 full-year figure at 35.99%, down 950.0% from the prior year.
  • Return on Capital Employed eased to 34.99% in Q1 2026 per LULU's latest filing, from 41.38% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 46.52% in Q4 2024 and bottomed at 33.49% in Q1 2023.
  • The 5-year median for Return on Capital Employed is 41.38% (2025), against an average of 39.75%.
  • Across the five-year window, Return on Capital Employed surged 1289 bps in 2024 and slumped 1054 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 42.31% in 2022, then decreased by 21 bps to 33.63% in 2023, then soared by 38 bps to 46.52% in 2024, then slipped by 11 bps to 41.38% in 2025, then fell by 15 bps to 34.99% in 2026.
  • Per Business Quant, the three latest LULU Return on Capital Employed figures stand at 34.99% (Q1 2026), 41.38% (Q4 2025), and 42.15% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 32.66%
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 25.41%
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn -20.82%
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 34.99%
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 13.71%
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 9.07%
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 16.05%
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 15.46%
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 27.24%
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn 23.41%

Historic Data

Download Data
DateValue
Feb 1, 2026 34.99%
Nov 2, 2025 41.38%
Aug 3, 2025 42.15%
May 4, 2025 42.25%
Feb 2, 2025 45.53%
Oct 27, 2024 46.52%
Jul 28, 2024 41.84%
Apr 28, 2024 38.80%
Jan 28, 2024 43.30%
Oct 29, 2023 33.63%
Jul 30, 2023 35.21%
Apr 30, 2023 33.92%
Jan 29, 2023 33.49%
Oct 30, 2022 42.31%
Jul 31, 2022 41.93%
May 1, 2022 38.75%
Jan 30, 2022 39.78%
Oct 31, 2021 35.62%
Aug 1, 2021 33.89%
May 2, 2021 29.79%