Analysis of Geographic Areas
lululemon athletica inc. operates in 4 regions: United States; Canada; People’s Republic of China; and Other geographic areas.
Area Asset Turnover
lululemon athletica inc., asset turnover by geographic area
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| United States | 3.62 | 3.97 | 4.81 | — | — | — |
| Canada | 2.09 | 1.91 | 1.93 | — | — | — |
| People’s Republic of China | 4.72 | 3.99 | 2.92 | — | — | — |
| Other geographic areas | 2.83 | 3.31 | 2.68 | — | — | — |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2023 to 2024 and from 2024 to 2025. |
| Canada | Canada area asset turnover ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. | |
| People’s Republic of China | People’s Republic of China area asset turnover ratio improved from 2023 to 2024 and from 2024 to 2025. | |
| Other geographic areas | Other geographic areas area asset turnover ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Area Asset Turnover: United States
lululemon athletica inc.; United States; area asset turnover calculation
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 6,483,183) | 6,346,392) | 5,654,343) | —) | —) | —) |
| Long-lived assets | 1,788,554) | 1,597,318) | 1,175,317) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 3.62 | 3.97 | 4.81 | — | — | — |
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).
1 2025 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 6,483,183 ÷ 1,788,554 = 3.62
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2023 to 2024 and from 2024 to 2025. |
Area Asset Turnover: Canada
lululemon athletica inc.; Canada; area asset turnover calculation
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 1,411,673) | 1,285,255) | 1,163,111) | —) | —) | —) |
| Long-lived assets | 675,048) | 671,622) | 601,756) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 2.09 | 1.91 | 1.93 | — | — | — |
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).
1 2025 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,411,673 ÷ 675,048 = 2.09
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio deteriorated from 2023 to 2024 but then improved from 2024 to 2025 exceeding 2023 level. |
Area Asset Turnover: People’s Republic of China
lululemon athletica inc.; People’s Republic of China; area asset turnover calculation
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 1,541,429) | 1,134,293) | 681,633) | —) | —) | —) |
| Long-lived assets | 326,621) | 284,575) | 233,590) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 4.72 | 3.99 | 2.92 | — | — | — |
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).
1 2025 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,541,429 ÷ 326,621 = 4.72
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | People’s Republic of China | People’s Republic of China area asset turnover ratio improved from 2023 to 2024 and from 2024 to 2025. |
Area Asset Turnover: Other geographic areas
lululemon athletica inc.; Other geographic areas; area asset turnover calculation
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 1,151,841) | 853,338) | 611,431) | —) | —) | —) |
| Long-lived assets | 406,650) | 257,906) | 228,370) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 2.83 | 3.31 | 2.68 | — | — | — |
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).
1 2025 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,151,841 ÷ 406,650 = 2.83
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other geographic areas | Other geographic areas area asset turnover ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Long-lived assets
lululemon athletica inc., long-lived assets by geographic area
US$ in thousands
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| United States | 1,788,554) | 1,597,318) | 1,175,317) | —) | —) | —) |
| Canada | 675,048) | 671,622) | 601,756) | —) | —) | —) |
| People’s Republic of China | 326,621) | 284,575) | 233,590) | —) | —) | —) |
| Other geographic areas | 406,650) | 257,906) | 228,370) | —) | —) | —) |
| Total | 3,196,873) | 2,811,421) | 2,239,033) | —) | —) | —) |
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).
Net revenue
lululemon athletica inc., net revenue by geographic area
US$ in thousands
| Feb 2, 2025 | Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | |
|---|---|---|---|---|---|---|
| United States | 6,483,183) | 6,346,392) | 5,654,343) | —) | —) | —) |
| Canada | 1,411,673) | 1,285,255) | 1,163,111) | —) | —) | —) |
| People’s Republic of China | 1,541,429) | 1,134,293) | 681,633) | —) | —) | —) |
| Other geographic areas | 1,151,841) | 853,338) | 611,431) | —) | —) | —) |
| Total | 10,588,126) | 9,619,278) | 8,110,518) | —) | —) | —) |
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).