Lululemon Athletica Inc. (LULU)

Net profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Net income (ttm)	US$ in thousands	1,814,616	1,735,681	2,053,279	1,909,071	1,836,364	1,508,499	1,180,634	1,222,325	1,093,422	871,630	785,497	750,562	920,272	990,459	924,987	1,104,021	1,249,004	1,246,794	1,264,870	1,038,440
Revenue (ttm)	US$ in thousands	10,588,130	10,181,730	10,987,150	10,820,290	10,815,620	9,819,680	8,826,760	8,623,330	9,190,950	9,773,070	9,420,800	9,276,900	8,373,390	7,205,950	6,962,520	7,234,740	7,510,760	7,337,340	7,174,500	6,496,010
Net profit margin		17.14%	17.05%	18.69%	17.64%	16.98%	15.36%	13.38%	14.17%	11.90%	8.92%	8.34%	8.09%	10.99%	13.75%	13.29%	15.26%	16.63%	16.99%	17.63%	15.99%

January 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,814,616K ÷ $10,588,130K
= 17.14%

Lululemon Athletica Inc.'s net profit margin has displayed some fluctuations over the period covered. Starting at approximately 16% in early 2022, the margin initially increased to around 17.63% before experiencing slight variations in the 16-17% range for the next few quarters. However, by the end of 2023, there was a noticeable decline in the net profit margin, dropping to around 8-10% during the beginning of 2023.

The performance improved gradually thereafter, with the net profit margin increasing to around 17-18% by mid-2024. However, in the latest available data point by January 2025, the margin stood at approximately 17.14%.

Overall, the trend indicates periods of both growth and decline in the net profit margin. It would be essential to further investigate the factors impacting profitability during the respective periods to gain a complete understanding of the company's financial performance.