Lululemon Athletica (LULU) Return on Capital Employed [ROCE] (2010 - 2026)
Lululemon Athletica (LULU) recorded Return on Capital Employed [ROCE] of 29.51% in fiscal Q2 2027 (quarter ended Aug 2, 2026), down 12.65 percentage points from 42.15% a year earlier and down 1.08 percentage points from the prior quarter.
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Analysis
Lululemon Athletica (LULU) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Lululemon Athletica reported Return on Capital Employed [ROCE] of 35.99%, down 9.50 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has a five-year change of +7.22 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 45.49% in FY2025 (+0.29 pp), 45.20% in FY2024 (+10.08 pp), 35.12% in FY2023 (-7.10 pp) and 42.21% in FY2022 (+13.44 pp).
- The fiscal Q2 2027 figure is the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -2.64 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 12.89 percentage points in fiscal Q3 2025, against a drop of 12.65 percentage points in fiscal Q2 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 30.58% (Q1 2027), 34.99% (Q4 2026) and 41.38% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 50.34 Bn | 16.54 Bn | 4.80 Bn | 14.08% |
| 2 | Tapestry | 23.66 Bn | 19.62 Bn | 1.56 Bn | 38.80% |
| 3 | Ralph Lauren | 21.85 Bn | 13.95 Bn | 1.44 Bn | 21.43% |
| 4 | Deckers Outdoor | 11.26 Bn | 4.14 Bn | - | - |
| 5 | Lululemon Athletica | 10.07 Bn | 4.32 Bn | 1.46 Bn | 29.51% |
| 6 | Levi Strauss | 7.67 Bn | 4.32 Bn | 979.10 Mn | 14.72% |
| 7 | Gildan Activewear | 6.27 Bn | 5.26 Bn | 459.76 Mn | 5.97% |
| 8 | Birkenstock Holding | 6.13 Bn | 4.43 Bn | 493.89 Mn | 10.20% |
| 9 | Crocs | 5.68 Bn | 5.09 Bn | 700.71 Mn | 23.21% |
| 10 | V F | 5.64 Bn | 2.26 Bn | 917.04 Mn | 9.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 29.51% |
| May 3, 2026 | 30.58% |
| 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% |
API Access
Lululemon Athletica Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=LULU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();