lululemon athletica (LULU) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 60.5%
EBITDA Margin: 24.7%
Op. Margin: 18.8%
Net Margin: 13.6%

Op. margin of 18.8% is down 2.0% YoY — costs are rising relative to revenue. Net margin at 13.6% and gross margin of 60.5% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit