Lululemon Athletica (LULU) Stock Buyback History
TTM buyback yield 5.53% · Shareholder yield (TTM) 5.53%.
TTM buyback yield
5.53%
Shareholder yield (TTM)
5.53%
5Y share count change
-9.0%
TTM buyback spend
$1.18B
SBC coverage (TTM)
28.40x
YoY change in spend
-28.0%
5Y CAGR of spend
+79.3%
Peak year (2024)
$1.64B
Cumulative spend
$6.02B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Lululemon Athletica (LULU) repurchased about $1.18B of stock over the trailing twelve months.
- Diluted share count is down 9.0% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 28.40× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +79.3% per year over the latest 5-year window.
- TTM repurchases used about 128% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $1.18B | $62.20M | $1.12B | 0.12B | -3.9% | 5.53% |
| 2024 | $1.64B | $90.01M | $1.55B | 0.12B | -2.5% | 3.28% |
| 2023 | $558.65M | $93.56M | $465.09M | 0.13B | -0.7% | 0.92% |
| 2022 | $444.00M | $78.08M | $365.93M | 0.13B | -1.7% | 1.15% |
| 2021 | $812.60M | $69.14M | $743.47M | 0.13B | -0.4% | 1.89% |
| 2020 | $63.66M | $50.80M | $12.87M | 0.13B | -0.1% | 0.15% |
| 2019 | $173.40M | $45.59M | $127.81M | 0.13B | -2.3% | 0.54% |
| 2018 | $598.34M | $28.57M | $569.77M | 0.13B | -1.6% | 3.09% |
| 2017 | $100.26M | $17.61M | $82.65M | 0.14B | -0.8% | 0.93% |
| 2016 | $29.33M | $16.82M | $12.51M | 0.14B | -2.4% | 0.32% |
| 2015 | $274.19M | $10.36M | $263.84M | 0.14B | -2.6% | 3.27% |
| 2014 | $147.43M | $8.27M | $139.16M | 0.14B | -1.2% | 1.58% |
| 2013 | $0.00 | $10.09M | −$10.09M | 0.15B | 0.2% | — |
| 2012 | $0.00 | $15.64M | −$15.64M | 0.15B | 0.4% | — |
| 2011 | $0.00 | $10.34M | −$10.34M | 0.15B | 1.0% | — |
| 2010 | $0.00 | $7.27M | −$7.27M | 0.14B | 1.4% | — |
| 2009 | $0.00 | $5.62M | −$5.62M | 0.14B | 0.0% | — |
| 2008 | $0.00 | $0.00 | $0.00 | 0.14B | 2.4% | — |
| 2007 | $6.99M | $0.00 | $6.99M | 0.14B | 6.1% | 0.30% |
| 2006 | $0.00 | $0.00 | $0.00 | 0.13B | 45.8% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.09B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Lululemon Athletica (LULU) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Lululemon Athletica (LULU)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Lululemon Athletica (LULU)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.18B | -28.0% | -$458.53M | ||
| 2024 | $1.64B | +193.0% | +$1.08B | ||
| 2023 | $558.65M | +25.8% | +$114.65M | ||
| 2022 | $444.00M | -45.4% | -$368.60M | ||
| 2021 | $812.60M | +1176.4% | +$748.94M | ||
| 2020 | $63.66M | -63.3% | -$109.74M | ||
| 2019 | $173.40M | -71.0% | -$424.94M | ||
| 2018 | $598.34M | +496.8% | +$498.08M | ||
| 2017 | $100.26M | +241.9% | +$70.93M | ||
| 2016 | $29.33M | -89.3% | -$244.87M | ||
| 2015 | $274.19M | +86.0% | +$126.76M | ||
| 2014 | $147.43M | — | +$147.43M | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | -100.0% | -$6.99M | ||
| 2007 | $6.99M | — | +$6.99M | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | — |
As of the 2025 fiscal year, Lululemon Athletica (LULU) reported buyback spend of $1.18B – declined 28.0% year-over-year.
Over 2020–2025 (5 years), Lululemon Athletica buyback spend expanded at a +79.3% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Lululemon Athletica buyback spend declined 28.0%, falling from $1.64B to $1.18B.
The dataset's maximum buyback spend sits at $1.64B (2024); the minimum reading of $0 dates to 2005.
Lululemon Athletica (LULU) sits 5th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $1.03B.
Lululemon Athletica Buyback Spend 2025: $1.18B
Lululemon Athletica buyback spend in 2025 was $1.18B, declined 28.0% below 2024.
Lululemon Athletica Buyback Spend 2024: $1.64B
Lululemon Athletica buyback spend in 2024 was $1.64B, surged 193.0% from 2023. This figure represents the highest annual value in the available history.
Lululemon Athletica Buyback Spend 2023: $558.65M
Lululemon Athletica buyback spend in 2023 was $558.65M, grew 25.8% from 2022.
Lululemon Athletica Buyback Spend 2022: $444.00M
Lululemon Athletica buyback spend in 2022 was $444.00M, plunged 45.4% below 2021.
Lululemon Athletica Buyback Spend 2021: $812.60M
Lululemon Athletica buyback spend in 2021 was $812.60M.
See more financial history for Lululemon Athletica (LULU).
Sector peers by buyback spend
Companies in the same sector as Lululemon Athletica, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Alibaba (BABA) | $87.36B | Consumer Cyclical |
| Booking Holdings (BKNG) | $6.44B | Consumer Cyclical |
| TJX Companies (TJX) | $2.52B | Consumer Cyclical |
| McDonald's (MCD) | $2.06B | Consumer Cyclical |
| Amazon (AMZN) | $0 | Consumer Cyclical |
| Tesla (TSLA) | $0 | Consumer Cyclical |
| Home Depot (HD) | $0 | Consumer Cyclical |
| PDD Holdings (PDD) | $0 | Consumer Cyclical |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 28.40×.
Capital allocation mix
How Lululemon Athletica splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $921.67M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Lululemon Athletica's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Lululemon Athletica buy back its own stock?
Yes, Lululemon Athletica (LULU) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Lululemon Athletica spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $1.18B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Lululemon Athletica's buyback yield?
TTM buyback yield is about 5.53% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Lululemon Athletica's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 5.53% combined (TTM-based where available).
Is Lululemon Athletica diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Lululemon Athletica's share count changed?
Diluted weighted average shares changed by about -9.0% over roughly five fiscal years (annual income statement data).
What is Lululemon Athletica's buyback spend?
Latest reported buyback spend for Lululemon Athletica (LULU) is $1.18B (period ending February 1, 2026).
How has Lululemon Athletica buyback spend changed year-over-year?
Lululemon Athletica (LULU) buyback spend changed -28.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Lululemon Athletica buyback spend?
Lululemon Athletica (LULU) buyback spend compound annual growth rate is +79.3% over the most recent 5 years available.
When did Lululemon Athletica buyback spend hit its highest annual value?
Lululemon Athletica buyback spend reached its highest annual value of $1.64B in 2024.
What was Lululemon Athletica buyback spend in 2024?
Lululemon Athletica (LULU) buyback spend in 2024 was $1.64B.
What was Lululemon Athletica buyback spend in 2025?
Lululemon Athletica (LULU) buyback spend in 2025 was $1.18B.
Explore more
LULU Overview
Company profile, financial tools, and key metrics
LULU Revenue Counter
Earns $352.06 every second. See per minute, hour, and day.
LULU Earnings Counter
Earns $50.08 per second net profit. See per minute, hour, and day.
LULU Economic Scale
Exceeds Mauritania's GDP. Compare with world economies.
LULU What If Invested
What if you had invested $1,000? See historical returns from any date.
LULU How It Makes Money
Discover visual breakdown of $11.10B in revenue — where it comes from and where it goes.
LULU Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
LULU Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
LULU Daily Price Character
Explosive · 51.1% historical win rate (green days). Streaks & record days.
LULU Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
LULU Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.