Company / Gross Margin
Lululemon Athletica Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
56.6%
FY2025
5-year range
55.4% / 59.2%
FY2021-FY2025
Trend
-4.4%
vs FY2024
Sector context
#14 of 109
Consumer Discretionary
What the data says
Lululemon Athletica's gross margin of 56.6% is higher than 87% of companies in the Consumer Discretionary sector (FY2025). Gross Margin has fluctuated over the past 10 years, ranging from 51.2% in FY2016 to 59.2% in FY2024.
Based on SEC 10-K filings.
56.6% in FY2025 with a 5-year CAGR of +0.6%. Top quartile in the Consumer Discretionary sector.
Declined from 58.3% to 56.6% over the past 2 years.
Consumer Discretionary sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +1.2pp
- 5-Year Change
- +0.6pp
- 10-Year Change
- -
Sector benchmark
+56.7% above sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 4.4% year-over-year.
- Currently 20.5pp above the Consumer Discretionary sector average.
- Peak gross margin was recorded in FY2024.
- Lowest gross margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 3.57 (safe zone, above 2.9 threshold)
- Strong return on equity: 38.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 56.6% | -4.4% |
| FY2024 | 59.2% | +1.6% |
| FY2023 | 58.3% | +5.3% |
| FY2022 | 55.4% | -4.0% |
| FY2021 | 57.7% | +3.0% |
| FY2020 | 56.0% | +0.2% |
| FY2019 | 55.9% | +1.2% |
| FY2018 | 55.2% | +4.6% |
| FY2017 | 52.8% | +3.2% |
| FY2016 | 51.2% | +5.7% |
As of FY2025 · SEC 10-K · Updated Mar 25, 2026