Stock Analysis on Net

lululemon athletica inc. (NASDAQ:LULU)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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lululemon athletica inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Nov 2, 2025 Aug 3, 2025 May 4, 2025 Feb 2, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Nov 1, 2020 Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019
Accounts payable
Accrued liabilities and other
Accrued compensation and related expenses
Current operating lease liabilities
Current income taxes payable
Unredeemed gift card liability
Other current liabilities
Current liabilities
Non-current operating lease liabilities
Non-current income taxes payable
Deferred income tax liabilities
Other non-current liabilities
Non-current liabilities
Total liabilities
Undesignated preferred stock, $0.01 par value; none issued and outstanding
Exchangeable stock, no par value
Special voting stock, $0.000005 par value
Common stock, $0.005 par value
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2025-11-02), 10-Q (reporting date: 2025-08-03), 10-Q (reporting date: 2025-05-04), 10-K (reporting date: 2025-02-02), 10-Q (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05).


Current liabilities
Current liabilities as a percentage of total liabilities and stockholders’ equity fluctuated between approximately 18.9% and 28.4% during the period, showing a general increase from early 2019 to early 2022, peaking at 28.43%. Subsequently, there was a decline with variability, ending near 23.16% by late 2025. This pattern suggests periods of increased short-term obligations followed by moderation.
Non-current liabilities
Non-current liabilities showed a decreasing trend from about 24.1% in mid-2019 to approximately 17.3% by early 2021, followed by a gradual increase toward 21.1% by mid-2025. This trend reflects initial debt reduction or reclassification to current liabilities, then stabilization and moderate growth in long-term obligations.
Total liabilities
Total liabilities declined from around 44.5% in mid-2019 to near 38.2% in mid-2024 before trending up again to approximately 43.7% by late 2025. The fluctuations in liabilities suggest actively managed balance sheet leverage with periods of deleveraging and re-leveraging.
Accounts payable
Accounts payable as a component of total liabilities and equity showed some volatility, generally rising from about 3.58% in mid-2019 to peaks around 6.56% in mid-2022, then fluctuating between 3.08% and 5.67%. This indicates varying payment cycles or supplier financing needs over time.
Accrued liabilities and other
There is marked variability in accrued liabilities and other current obligations, starting very low near 0.3% in early periods, surging sharply to almost 7.93% by late 2024, and maintaining elevated levels afterward. This sharp increase suggests recognition of additional short-term expenses or liabilities in recent years.
Accrued compensation and related expenses
Accrued compensation fluctuated between approximately 1.9% and 4.6% over the timeline. The pattern shows peaks in early 2023 near 4.6%, with lower ratios toward the later periods (~2.3%), indicating variable timing or levels of employee-related liabilities.
Operating lease liabilities
Current operating lease liabilities declined moderately from 5.16% to 3.5%-3.9% range by 2024. Non-current operating lease liabilities showed a downward trend from about 21.8% in 2019 to 15.1% in 2021, then increased gradually towards 19.5% by 2025. This reflects changes in lease arrangements possibly influenced by accounting standard changes or asset management strategies.
Income taxes payable
Current income taxes payable exhibited volatility, increasing from below 1% to peaks above 3% around early 2023, then fluctuating downwards again. Non-current income taxes showed a declining trend from about 1.5% to near zero by later years, indicating reduction in deferred tax liabilities or tax planning effects.
Unredeemed gift card liability
This liability remained relatively stable, generally between 2.6% and 4.5%. Peaks occurred near early 2023, which may reflect gift card sales trends or consumer behavior variations.
Other current liabilities
Other current liabilities sharply dropped from over 6% in mid-2020 to below 1% and remained low thereafter, suggesting a reclassification or settlement of these liabilities.
Stockholders’ equity
Equity as a proportion of total liabilities and equity ranged from about 55.5% to nearly 61.8%, with an overall stable to slightly increasing trend. The balance between equity and liabilities shows sustained equity financing despite liabilities fluctuations.
Retained earnings
Retained earnings stayed the predominant component of equity, fluctuating between 50.8% and 57.8%, indicating consistent profitability retention over time.
Additional paid-in capital
Additional paid-in capital decreased modestly from roughly 12.9% to near 8.1%, reflecting reduced new equity issuances or share repurchases influencing this component.
Accumulated other comprehensive loss
Accumulated other comprehensive loss improved (became less negative) from -9.44% to around -3.08% by early 2021, then deteriorated again to near -5.58% by late 2024, indicating fluctuations in unrealized gains or foreign currency translation adjustments.