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lululemon athletica inc. pages available for free this week:
- Income Statement
- Statement of Comprehensive Income
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Enterprise Value to FCFF (EV/FCFF)
- Price to Operating Profit (P/OP) since 2008
- Price to Book Value (P/BV) since 2008
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Current Enterprise Value (EV)
| Current share price (P) | |
| No. shares of common stock outstanding | |
| US$ in thousands | |
| Common equity (market value)1 | |
| Add: Undesignated preferred stock, $0.01 par value; none issued and outstanding (per books) | |
| Total equity | |
| Add: Total debt (book value) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Enterprise value (EV) | |
Based on: 10-K (reporting date: 2026-02-01).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2026-02-01), 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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of lululemon athletica inc. Annual Report.
3 2026 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
The enterprise value (EV) exhibited fluctuations over the observed period. Initially, EV demonstrated a modest increase between January 31, 2021, and January 30, 2022, followed by a decrease in the subsequent year, January 29, 2023. A significant increase was then recorded between January 29, 2023, and January 28, 2024, before declining again in the following two periods, February 2, 2025, and February 1, 2026.
- Overall Trend
- From 2021 to 2024, the EV generally trended upwards, although with an intermediate dip in 2023. However, the most recent two years (2025 and 2026) show a substantial downward trend, resulting in an EV at the end of the period lower than that observed in 2021.
- EV and Equity Value
- The values for Common equity (market value) and Total equity are identical across all periods. This suggests that the company has no preferred equity or other equity components affecting the total equity calculation. The EV closely mirrors the equity values, indicating that debt plays a relatively consistent, but not dominant, role in the company’s capital structure.
- EV and Total Equity & Debt
- The values for Total equity and debt are identical to those of Common equity and Total equity. This implies that the company’s debt is included within the calculation of total equity. The EV is consistently lower than the Total equity and debt, which is expected as EV represents the market value of the operating assets less any non-operating assets, and is calculated by subtracting cash and equivalents and adding debt to the equity value.
- Magnitude of Change
- The largest single-period increase in EV occurred between 2023 and 2024, with an increase of approximately 46.7%. Conversely, the largest single-period decrease occurred between 2024 and 2026, with a decrease of approximately 72.7%. These substantial shifts suggest significant changes in market perception of the company’s value or alterations in its capital structure during those periods.
The recent decline in EV, particularly between 2024 and 2026, warrants further investigation to determine the underlying causes. Potential factors could include changes in market conditions, company-specific performance issues, or shifts in debt levels, although the provided information does not allow for a definitive conclusion.