Lululemon AthleticaLTS:0JVT +3.25%78 3-Year ROIIC % is 23.11 as of Jan. 2026, which is 9% below its 10-year median of 25.36. GuruFocus rates LTS:0JVT with a GF Score™ of 78/100 and a GF Value™ of $360.85 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,057 Retail - Cyclical companies, Lululemon Athletica ranks better than 75.12% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Lululemon Athletica's 3-Year ROIIC % for the quarter that ended in Jan. 2026 was 23.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Lululemon Athletica's 3-Year ROIIC % or its related term are showing as below:
LTS:0JVT's 3-Year ROIIC % is ranked better than 75.12% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.82
vs LTS:0JVT: 23.11
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Lululemon Athletica 3-Year ROIIC % Related Terms
Lululemon Athletica 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Lululemon Athletica's 3-Year ROIIC % 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.
LTS:0JVT vs GAP, VSXY, BURL: 3-Year ROIIC % Comparison
For the Apparel Retail subindustry, Lululemon Athletica's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Lululemon Athletica's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Lululemon Athletica (LTS:0JVT) has a 3-Year ROIIC % of 23.11 as of Jan. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Lululemon Athletica and its competitors. This is near median its historical median of 25.36. Over the past decade, Lululemon Athletica's 3-Year ROIIC % has ranged from 8.78 to 86.77. According to the industry distribution chart, Lululemon Athletica ranks #263 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 24.9%.
Is Lululemon Athletica's 3-Year ROIIC % too high?
Lululemon Athletica's current 3-Year ROIIC % of 23.11 is near median its 10-year median of 25.36. Over the past 10 years, this metric has ranged from a low of 8.78 to a high of 86.77. The Retail - Cyclical industry median 3-Year ROIIC % is 4.82. Lululemon Athletica's value of 23.11 is 379.5% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #263 out of 1057 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 3-Year ROIIC % compare to GAP and VSXY?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #263 out of 1057 companies for 3-Year ROIIC %. This places Lululemon Athletica in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.82. Lululemon Athletica's value of 23.11 is 379.5% above this benchmark. Historically, Lululemon Athletica's own 3-Year ROIIC % has ranged from 8.78 to 86.77 over the past decade. While the company's 10-year median is 25.36 vs. the industry median of 4.82, 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 3-Year ROIIC % for a Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.82, based on 1,057 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lululemon Athletica's current 3-Year ROIIC % of 23.11 is 379.5% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current 3-Year ROIIC % is 23.11, which is near median its own 10-year median of 25.36. 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 $360.85, compared to a current price of $120.15 — trading 66.7% below its estimated fair value. The current 3-Year ROIIC % is 23.11, which is near median its 10-year median of 25.36 and 379.5% above the Retail - Cyclical industry median of 4.82. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Lululemon Athletica (LTS:0JVT), the current 3-Year ROIIC % is 23.11 as of Jan. 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 $120.15 is trading 66.7% below its estimated GF Value™ of $360.85.
GuruFocus considers Lululemon Athletica to be Significantly Undervalued.
Key valuation signals for LTS:0JVT:
3-Year ROIIC %: 23.11 (near median its 10-year median of 25.36)
GF Value™: $360.85 vs. price of $120.15 (66.7% below fair value)
Industry Position: 379.5% above the Retail - Cyclical median (#263 of 1057)
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 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
Get the complete analysis for LTS:0JVT
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0JVT has been successfully added to your 
