Operating Profit Margin
since 2008
Calculation
lululemon athletica inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income from operations1 | ÷ | Net revenue1 | |
|---|---|---|---|---|---|---|---|
| Feb 2, 2025 | 23.67% | = | 100 | × | 2,505,697) | ÷ | 10,588,126) |
| Jan 28, 2024 | 22.17% | = | 100 | × | 2,132,676) | ÷ | 9,619,278) |
| Jan 29, 2023 | 16.38% | = | 100 | × | 1,328,408) | ÷ | 8,110,518) |
| Jan 30, 2022 | 21.31% | = | 100 | × | 1,333,355) | ÷ | 6,256,617) |
| Jan 31, 2021 | 18.63% | = | 100 | × | 819,986) | ÷ | 4,401,879) |
| Feb 2, 2020 | 22.34% | = | 100 | × | 889,110) | ÷ | 3,979,296) |
| Feb 3, 2019 | 21.46% | = | 100 | × | 705,836) | ÷ | 3,288,319) |
| Jan 28, 2018 | 17.21% | = | 100 | × | 456,001) | ÷ | 2,649,181) |
| Jan 29, 2017 | 17.96% | = | 100 | × | 421,152) | ÷ | 2,344,392) |
| Jan 31, 2016 | 17.91% | = | 100 | × | 369,076) | ÷ | 2,060,523) |
| Feb 1, 2015 | 20.92% | = | 100 | × | 376,033) | ÷ | 1,797,213) |
| Feb 2, 2014 | 24.60% | = | 100 | × | 391,358) | ÷ | 1,591,188) |
| Feb 3, 2013 | 27.47% | = | 100 | × | 376,439) | ÷ | 1,370,358) |
| Jan 29, 2012 | 28.67% | = | 100 | × | 286,958) | ÷ | 1,000,839) |
| Jan 30, 2011 | 25.35% | = | 100 | × | 180,391) | ÷ | 711,704) |
| Jan 31, 2010 | 19.11% | = | 100 | × | 86,546) | ÷ | 452,898) |
| Feb 1, 2009 | 16.00% | = | 100 | × | 56,564) | ÷ | 353,488) |
| Feb 3, 2008 | 18.25% | = | 100 | × | 50,125) | ÷ | 274,713) |
Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03).
1 US$ in thousands
- Income from operations
- Income from operations exhibits a consistent upward trend over the analyzed period. Starting at 50,125 thousand US dollars in early 2008, the value increases steadily with occasional periods of slower growth, reaching over 2.5 million thousand US dollars by early 2025. Notable acceleration occurs particularly after 2018, where income from operations more than doubles within seven years, indicating significant expansion and improved profitability in absolute terms.
- Net revenue
- Net revenue shows a strong and persistent growth trajectory throughout the years. Beginning at approximately 274,713 thousand US dollars in 2008, revenue grows substantially year-over-year, reaching over 10.5 million thousand US dollars by 2025. The growth rate appears to accelerate noticeably after 2016, reflecting the company’s ability to increase sales volume or prices effectively over time.
- Operating profit margin
- The operating profit margin fluctuates within a range but generally remains robust between 16% and 29%. The margin shows variability, with peaks observed around 2012 at approximately 28.67%, and another high point near 2010 at 25.35%. Post-2015, the margin tends to oscillate mostly between 16% and 23%, without a clear upward or downward trend, suggesting ongoing management effectiveness in controlling operational costs relative to revenue despite rapid growth in sales and income from operations.
- Overall insights
- The company's financial performance over the period reflects strong revenue growth accompanied by increasing income from operations, indicating successful scaling of business activities. Although operating profit margins show variability, they remain at a healthy level, indicating sustained operational efficiency despite the growth in scale. The combination of expanding revenue and relatively stable margins suggests improved profitability and operational leverage over time.