Lululemon Athletica Inc. (LULU)
Return on equity (ROE)
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,550,190 | 854,800 | 975,322 | 588,913 | 645,596 |
| Total stockholders’ equity | US$ in thousands | 4,232,080 | 3,148,800 | 2,740,050 | 2,558,570 | 1,952,220 |
| ROE | 36.63% | 27.15% | 35.60% | 23.02% | 33.07% |
January 28, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,550,190K ÷ $4,232,080K
= 36.63%
Lululemon Athletica Inc.'s return on equity (ROE) has displayed a positive trend over the past five years, indicating the company's efficient utilization of equity to generate profits for its shareholders. The ROE has increased from 33.07% in 2020 to 36.63% in 2024, showcasing steady improvement in the company's profitability and efficiency in using shareholder funds. This upward trend reflects positively on Lululemon's ability to generate higher returns on the equity invested in the business. Overall, Lululemon Athletica Inc.'s ROE performance demonstrates strong financial management and maximizing shareholder value over the years.
Peer comparison
Jan 28, 2024