Question 1

What is Lululemon Athletica's P/FCF ratio?

Accepted Answer

Lululemon Athletica (LULU) P/FCF ratio is 10.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Lululemon Athletica?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Lululemon Athletica specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is Lululemon Athletica's P/FCF ratio high or low?

Accepted Answer

Lululemon Athletica's P/FCF ratio of 10.2× is below its own 5-year average of 69.7× and below the sector median of 17.1×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Lululemon Athletica's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Lululemon Athletica (LULU) P/FCF ratio has ranged from a low of 9.5× in 2026 to a high of 11618.8× in 2008. The 5-year average is 69.7× and the 5-year median is 37.5×.

Question 7

What was Lululemon Athletica's P/FCF ratio in 2026?

Accepted Answer

Lululemon Athletica (LULU) P/FCF ratio at the end of 2026 was 23.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Lululemon Athletica's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$21.3B	$922M	23.1×	-8.4×	Feb 1, 2026
2025	$49.9B	$1.58B	31.5×	-5.5×	Feb 2, 2025
2024	$60.8B	$1.64B	37.0×	-80.7×	Jan 28, 2024
2023	$38.6B	$328M	117.7×	+74.4×	Jan 29, 2023
2022	$43.1B	$995M	43.3×	-32.4×	Jan 30, 2022
2021	$43.5B	$574M	75.7×	-7.4×	Jan 31, 2021
2020	$32.1B	$386M	83.1×	+45.7×	Feb 2, 2020
2019	$19.3B	$517M	37.4×	+4.7×	Feb 3, 2019
2018	$10.8B	$331M	32.7×	-6.0×	Jan 28, 2018
2017	$9.17B	$237M	38.7×	-15.4×	Jan 29, 2017
2016	$8.4B	$155M	54.1×	+6.3×	Jan 31, 2016
2015	$9.3B	$195M	47.8×	+10.0×	Feb 1, 2015
2014	$6.5B	$172M	37.8×	-13.8×	Feb 2, 2014
2013	$9.64B	$187M	51.6×	-59.8×	Feb 3, 2013
2012	$9.06B	$81.3M	111.4×	+75.8×	Jan 29, 2012
2011	$4.88B	$137M	35.6×	+16.2×	Jan 30, 2011
2010	$2B	$103M	19.4×	-1471.4×	Jan 31, 2010
2009	$464M	$311K	1490.7×	+1216.9×	Feb 1, 2009
2008	$2.3B	$8.41M	273.9×	—	Feb 3, 2008
2007	$1.83B	—	—	—	Jan 31, 2007
2006	$1.25B	—	—	—	Jan 31, 2006


Tapestry (TPR)	16.0×
DraftKings (DKNG)	15.5×
Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
D.R. Horton (DHI)	14.2×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Carnival Corporation (CCL)	11.9×
Toll Brothers (TOL)	11.1×
Hasbro (HAS)	9.8×
PDD Holdings (PDD)	9.5×
LKQ (LKQ)	9.3×
KB Home (KBH)	8.8×
Mohawk Industries (MHK)	8.4×
MercadoLibre (MELI)	8.2×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for Lululemon Athletica (LULU) 2008-2026

P/FCF Ratio daily chart for Lululemon Athletica (LULU)

Historical P/FCF Ratio for Lululemon Athletica (LULU) from 2006 to 2026

About P/FCF Ratio at Lululemon Athletica (LULU)

Lululemon Athletica P/FCF Ratio by Year

Lululemon Athletica P/FCF Ratio 2026: 23.1×

Lululemon Athletica P/FCF Ratio 2025: 31.5×

Lululemon Athletica P/FCF Ratio 2024: 37.0×

Lululemon Athletica P/FCF Ratio 2023: 117.7×

Lululemon Athletica P/FCF Ratio 2022: 43.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Lululemon Athletica (LULU) Key Financials