Lululemon AthleticaFRA:33L0 -7.80%77 ROA % is 9.21% as of Apr. 2026, which is 56% below its 10-year median of 20.90. GuruFocus rates FRA:33L0 with a GF Score™ of 77/100 and a GF Value™ of €7.94 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,129 Retail - Cyclical companies, Lululemon Athletica ranks better than 95.39% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lululemon Athletica's annualizedNet Income for the quarter that ended in Apr. 2026 was €667 Mil.
Lululemon Athletica's average Total Assets over the quarter that ended in Apr. 2026 was €7,246 Mil. Therefore, Lululemon Athletica's annualized ROA % for the quarter that ended in Apr. 2026 was 9.21%.
The historical rank and industry rank for Lululemon Athletica's ROA % or its related term are showing as below:
FRA:33L0'
s ROA % Range Over the Past 10 Years
Min: 14.15 Med: 20.9 Max: 24.7
Current: 18.29
During the past 13 years, Lululemon Athletica's highest ROA % was 24.70%. The lowest was 14.15%. And the median was 20.90%.
FRA:33L0's ROA % is ranked better than 95.39% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 2.73
vs FRA:33L0: 18.29
Lululemon Athletica (FRA:33L0) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Lululemon Athletica ROA % Related Terms
Lululemon Athletica ROA % Historical Data
* Premium members only.
The historical data trend for Lululemon Athletica's ROA % 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.
For the Apparel Retail subindustry, Lululemon Athletica's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's ROA % distribution charts can be found below:
* The bar in red indicates where Lululemon Athletica's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Lululemon Athletica (FRA:33L0) has a ROA % of 9.21% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lululemon Athletica and its competitors. This is 56% below median its historical median of 20.90. Over the past decade, Lululemon Athletica's ROA % has ranged from 14.15 to 24.70. According to the industry distribution chart, Lululemon Athletica ranks #52 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 4.6%.
Is Lululemon Athletica's ROA % too high?
Lululemon Athletica's current ROA % of 9.21% is 56% below median its 10-year median of 20.90. Over the past 10 years, this metric has ranged from a low of 14.15 to a high of 24.70. The Retail - Cyclical industry median ROA % is 2.73. Lululemon Athletica's value of 9.21% is 237.4% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #52 out of 1129 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 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's ROA % compare to GAP and VSXY?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #52 out of 1129 companies for ROA %. This places Lululemon Athletica in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Lululemon Athletica's value of 9.21% is 237.4% above this benchmark. Historically, Lululemon Athletica's own ROA % has ranged from 14.15 to 24.70 over the past decade. While the company's 10-year median is 20.90 vs. the industry median of 2.73, 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 ROA % for a Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,129 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lululemon Athletica's current ROA % of 9.21% is 237.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current ROA % is 9.21%, which is 56% below median its own 10-year median of 20.90. 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 (FRA:33L0) is currently considered Significantly Undervalued. The stock's GF Value™ is €7.94, compared to a current price of €2.60 — trading 67.3% below its estimated fair value. The current ROA % is 9.21%, which is 56% below median its 10-year median of 20.90 and 237.4% above the Retail - Cyclical industry median of 2.73. Lululemon Athletica's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Lululemon Athletica (FRA:33L0), the current ROA % is 9.21% 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 (FRA:33L0) Overvalued in 2026?
Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued.
The current stock price of €2.60 is trading 67.3% below its estimated GF Value™ of €7.94.
GuruFocus considers Lululemon Athletica to be Significantly Undervalued.
Key valuation signals for FRA:33L0:
ROA %: 9.21% (56% below median its 10-year median of 20.90)
GF Value™: €7.94 vs. price of €2.60 (67.3% below fair value)
Industry Position: 237.4% above the Retail - Cyclical median (#52 of 1129)
No single metric tells the full story. See the FRA:33L0 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.
77GF Score
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