Lululemon Athletica Inc. (LULU)
Pretax margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,175,740 | 1,332,570 | 1,333,870 | 819,350 | 897,393 |
| Revenue | US$ in thousands | 9,586,750 | 8,149,170 | 6,241,430 | 4,397,390 | 3,981,220 |
| Pretax margin | 22.70% | 16.35% | 21.37% | 18.63% | 22.54% |
January 28, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,175,740K ÷ $9,586,750K
= 22.70%
Lululemon Athletica Inc.'s pretax margin has exhibited fluctuations over the past five years. The pretax margin was 22.70% as of January 28, 2024, showing an improvement from 16.35% recorded on January 29, 2023. The pretax margin was relatively high in the year ended January 31, 2021, at 18.63%, compared to the year before where it stood at 21.37% on January 30, 2022. However, in the financial year ending February 2, 2020, the pretax margin was relatively high at 22.54%.
Overall, the pretax margin of Lululemon Athletica Inc. has shown variability over the years, reaching peaks and troughs. It is important for stakeholders to closely monitor this metric to assess the company's ability to generate profits before accounting for taxes.
Peer comparison
Jan 28, 2024