Lululemon Athletica (LULU) fundamentals: P/E, valuation, undervalued?

Lululemon Athletica · Consumer Discretionary · ref. ETF XLY · price $115
Logo Lululemon AthleticaSee the full Lululemon Athletica (LULU) profile
In short — Lululemon Athletica trades at 9.4× earnings (P/E), 10.3× forward, with a net margin of 13.0 % and revenue growth of +4 %. Read: Low P/E (P/E 9 (below the ~20 market average)).

Is Lululemon Athletica stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$115-43.9% over range
Aug 28, 25low $105.43 · high $215.88Aug 27, 26
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0% recommend buying · 19 analysts
Valuation : Low P/E — P/E 9 (below the ~20 market average)

Valuation

9.4
P/E (price/earnings)
10.3
Forward P/E
PEG
2.7
Price/book (P/B)
$13.1B
Market cap
12.20
EPS

Profitability & growth

13.0 %
Net margin
+4 %
Revenue growth
-35 %
Earnings growth
$2.1B
Total debt

Lululemon Athletica income statement

Fiscal yearRevenueNet incomeMargin
2023$8.1B$855M10.5 %
2024$9.6B$1.6B16.1 %
2025$10.6B$1.8B17.1 %
2026$11.1B$1.6B14.2 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Lululemon Athletica's P/E and is the stock undervalued? What's a good P/E?

Lululemon Athletica's P/E is 9.4 (forward 10.3). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Low P/E".

Is Lululemon Athletica profitable?

Lululemon Athletica has a net margin of 13.0 % (EPS 12.20). The company is profitable.

Is LULU stock expensive?

Our read: "Low P/E" — P/E 9 (below the ~20 market average). Cross-check with growth and sector.

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