Lululemon AthleticaXTER:33L -1.41%85 Pretax Margin % is 11.57% as of Apr. 2026, which is 44% below its 10-year median of 20.75. GuruFocus rates XTER:33L with a GF Score™ of 85/100 and a GF Value™ of €308.03 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,124 Retail - Cyclical companies, Lululemon Athletica ranks better than 92.17% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Lululemon Athletica Pretax Margin % Related Terms
Lululemon Athletica Pretax Margin % Historical Data
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The historical data trend for Lululemon Athletica's Pretax 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.
XTER:33L vs GAP, VSXY, BURL: Pretax Margin % Comparison
For the Apparel Retail subindustry, Lululemon Athletica's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Lululemon Athletica's Pretax Margin % falls into.
* 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 (XTER:33L) has a Pretax Margin % of 11.57% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Lululemon Athletica and its competitors. This is 44% below median its historical median of 20.75. Over the past decade, Lululemon Athletica's Pretax Margin % has ranged from 16.43 to 24.33. According to the industry distribution chart, Lululemon Athletica ranks #88 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 7.8%.
Is Lululemon Athletica's Pretax Margin % too high?
Lululemon Athletica's current Pretax Margin % of 11.57% is 44% below median its 10-year median of 20.75. Over the past 10 years, this metric has ranged from a low of 16.43 to a high of 24.33. The Retail - Cyclical industry median Pretax Margin % is 3.17. Lululemon Athletica's value of 11.57% is 265% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #88 out of 1124 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 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's Pretax Margin % compare to GAP and VSXY?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #88 out of 1124 companies for Pretax Margin %. This places Lululemon Athletica in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.17. Lululemon Athletica's value of 11.57% is 265% above this benchmark. Historically, Lululemon Athletica's own Pretax Margin % has ranged from 16.43 to 24.33 over the past decade. While the company's 10-year median is 20.75 vs. the industry median of 3.17, 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 Pretax Margin % for a Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.17, based on 1,124 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lululemon Athletica's current Pretax Margin % of 11.57% is 265% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current Pretax Margin % is 11.57%, which is 44% below median its own 10-year median of 20.75. 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 (XTER:33L) is currently considered Significantly Undervalued. The stock's GF Value™ is €308.03, compared to a current price of €98.00 — trading 68.2% below its estimated fair value. The current Pretax Margin % is 11.57%, which is 44% below median its 10-year median of 20.75 and 265% above the Retail - Cyclical industry median of 3.17. Lululemon Athletica's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Lululemon Athletica (XTER:33L), the current Pretax Margin % is 11.57% 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 (XTER:33L) Overvalued in 2026?
Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued.
The current stock price of €98.00 is trading 68.2% below its estimated GF Value™ of €308.03.
GuruFocus considers Lululemon Athletica to be Significantly Undervalued.
Key valuation signals for XTER:33L:
Pretax Margin %: 11.57% (44% below median its 10-year median of 20.75)
GF Value™: €308.03 vs. price of €98.00 (68.2% below fair value)
Industry Position: 265% above the Retail - Cyclical median (#88 of 1124)
No single metric tells the full story. See the XTER:33L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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