Lululemon Athletica (LULU) Tax Rate (2009 - 2026)

Lululemon Athletica's (LULU) quarterly Tax Rate came in at 27.84% in Q1 2026, down 139.0% year-on-year from 71.38% in Q1 2025, and down 8.85% quarter-over-quarter from 30.54% in Q4 2025.

Lululemon Athletica (LULU) Tax Rate (2009 - 2026) Analysis & Trends

Lululemon Athletica's Tax Rate history runs 18 years deep, the most recent figure standing at 27.84% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 139.0% year-over-year to 27.84% in Q1 2026; TTM through Feb 2026 was 29.47%, a 9.0% decrease from a year earlier, with the FY2026 full-year figure at 29.47%, down 9.0% from the prior year.
  • Tax Rate slipped to 27.84% in Q1 2026 per LULU's latest filing, from 30.54% in the prior quarter.
  • Across five years, Tax Rate topped out at 62.34% in Q1 2023 and bottomed at 26.45% in Q1 2022.
  • The 5-year median for Tax Rate is 29.23% (2025), against an average of 30.85%.
  • Across the five-year window, Tax Rate surged 3589 bps in 2023 and sank 3419 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 27.58% in 2022, then rose by 3 bps to 28.52% in 2023, then gained by 6 bps to 30.24% in 2024, then advanced by 1 bps to 30.54% in 2025, then declined by 9 bps to 27.84% in 2026.
  • Per Business Quant, the three latest LULU Tax Rate figures stand at 27.84% (Q1 2026), 30.54% (Q4 2025), and 30.48% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 22.60%
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 23.86%
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn 19.57%
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 27.84%
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 24.67%
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 10.94%
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 20.68%
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 25.22%
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 27.60%
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn -11.91%

Historic Data

Download Data
DateValue
Feb 1, 2026 27.84%
Feb 1, 2026 27.84%
Feb 1, 2026 27.84%
Nov 2, 2025 30.54%
Nov 2, 2025 30.54%
Nov 2, 2025 30.54%
Aug 3, 2025 30.48%
Aug 3, 2025 30.48%
Aug 3, 2025 30.48%
May 4, 2025 30.16%
May 4, 2025 30.16%
May 4, 2025 30.16%
Feb 2, 2025 29.23%
Feb 2, 2025 29.23%
Feb 2, 2025 29.23%
Oct 27, 2024 30.24%
Oct 27, 2024 30.24%
Oct 27, 2024 30.24%
Jul 28, 2024 29.61%
Jul 28, 2024 29.61%