Lululemon Athletica (LTS:0JVT) Net Margin %: 7.89% (As of Apr. 2026) — 45% Below Median


LTS:0JVT Lululemon Athletica Inc LTS:0JVT
78 GF Score
Price $112.15
GF Value $360.09
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lululemon Athletica Net Margin %?

Lululemon Athletica LTS:0JVT +2.60% 78 Net Margin % is 7.89% as of Apr. 2026, which is 45% below its 10-year median of 14.47. GuruFocus rates LTS:0JVT with a GF Score™ of 78/100 and a GF Value™ of $360.09 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,128 Retail - Cyclical companies, Lululemon Athletica ranks better than 91.05% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Lululemon Athletica's Net Income for the three months ended in Apr. 2026 was $195 Mil. Lululemon Athletica's Revenue for the three months ended in Apr. 2026 was $2,472 Mil. Therefore, Lululemon Athletica's net margin for the quarter that ended in Apr. 2026 was 7.89%.

The historical rank and industry rank for Lululemon Athletica's Net Margin % or its related term are showing as below:

LTS:0JVT' s Net Margin % Range Over the Past 10 Years
Min: 9.76   Med: 14.47   Max: 17.14
Current: 13.03


LTS:0JVT's Net Margin % is ranked better than
91.05% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 2.335 vs LTS:0JVT: 13.03

Lululemon Athletica  (LTS:0JVT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Lululemon Athletica Net Margin % Related Terms


Lululemon Athletica Net Margin % Historical Data

* Premium members only.

The historical data trend for Lululemon Athletica's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lululemon Athletica Net Margin % Chart

Lululemon Athletica Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.59 10.54 16.12 17.14 14.22

Lululemon Athletica Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.27 14.69 11.96 16.12 7.89

LTS:0JVT vs BURL, GAP, URBN: Net Margin % Comparison

For the Apparel Retail subindustry, Lululemon Athletica's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lululemon Athletica Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lululemon Athletica's Net Margin % falls into.


LTS:0JVT
78GF Score
Lululemon Athletica Inc LTS:0JVT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lululemon Athletica Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lululemon Athletica's Net Margin for the fiscal year that ended in Jan. 2026 is calculated as

Net Margin=Net Income (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=1579.183/11102.6
=14.22 %

Lululemon Athletica's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=195.048/2471.603
=7.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 7.89% mean?
Lululemon Athletica (LTS:0JVT) has a Net Margin % of 7.89% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Lululemon Athletica and its competitors. This is 45% below median its historical median of 14.47. Over the past decade, Lululemon Athletica's Net Margin % has ranged from 9.76 to 17.14. According to the industry distribution chart, Lululemon Athletica ranks #101 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 9%.
Is Lululemon Athletica's Net Margin % too high?
Lululemon Athletica's current Net Margin % of 7.89% is 45% below median its 10-year median of 14.47. Over the past 10 years, this metric has ranged from a low of 9.76 to a high of 17.14. The Retail - Cyclical industry median Net Margin % is 2.34. Lululemon Athletica's value of 7.89% is 237.9% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #101 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lululemon Athletica has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's Net Margin % compare to BURL and GAP?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #101 out of 1128 companies for Net Margin %. This places Lululemon Athletica in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.34. Lululemon Athletica's value of 7.89% is 237.9% above this benchmark. Historically, Lululemon Athletica's own Net Margin % has ranged from 9.76 to 17.14 over the past decade. While the company's 10-year median is 14.47 vs. the industry median of 2.34, Lululemon Athletica has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lululemon Athletica's current Net Margin % of 7.89% is 237.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current Net Margin % is 7.89%, which is 45% below median its own 10-year median of 14.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lululemon Athletica stock overvalued right now?
Based on GuruFocus' analysis, Lululemon Athletica (LTS:0JVT) is currently considered Significantly Undervalued. The stock's GF Value™ is $360.09, compared to a current price of $112.15 — trading 68.9% below its estimated fair value. The current Net Margin % is 7.89%, which is 45% below median its 10-year median of 14.47 and 237.9% above the Retail - Cyclical industry median of 2.34. Lululemon Athletica's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Lululemon Athletica (LTS:0JVT), the current Net Margin % is 7.89% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lululemon Athletica (LTS:0JVT) Overvalued in 2026?

Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued. The current stock price of $112.15 is trading 68.9% below its estimated GF Value™ of $360.09. GuruFocus considers Lululemon Athletica to be Significantly Undervalued.

Key valuation signals for LTS:0JVT:

  • Net Margin %: 7.89% (45% below median its 10-year median of 14.47)
  • GF Value™: $360.09 vs. price of $112.15 (68.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 237.9% above the Retail - Cyclical median (#101 of 1128)

No single metric tells the full story. See the LTS:0JVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lululemon Athletica Business Description

Address 1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 800 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 45 franchised locations in the Middle East and Europe. The company was founded in 1998 and is based in Vancouver, Canada.
78GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$112.15
Price
$360.09
GF Value