Lululemon Athletica inc. Financial

Lululemon Athletica inc.

Revenue Cost of Revenue Gross Profit Research & Development Selling, General & Administrative Operating Expense Operating Income EBIT EBITDA Net Income

Lululemon Athletica inc.: Income Statement

	2018	2019	2020	2021	2022
Revenue	$2.65B	$3.29B	$3.98B	$4.40B	$6.26B
Cost of Revenue	$1.25B	$1.47B	$1.76B	$1.94B	$2.65B
Gross Profit	$1.40B	$1.82B	$2.22B	$2.46B	$3.61B
Research & Development	$0.00	$0.00	$0.00	$0.00	$0.00
Selling, General & Administrative	$904.26M	$1.11B	$1.33B	$1.61B	$2.23B
Total Operating Expense	$2.15B	$2.58B	$3.09B	$3.55B	$4.88B
Operating Income	$494.53M	$705.84M	$889.11M	$849.83M	$1.37B
Pre - Tax Income	$460.00M	$715.25M	$897.39M	$819.35M	$1.33B
Provision of Income Tax	$201.34M	$231.45M	$251.80M	$230.44M	$358.55M
Net Income	$258.66M	$483.80M	$645.60M	$588.91M	$975.32M

Lululemon Athletica inc.: Other Key Metrics

	Chart	2018	2019	2020	2021	2022
Ebit		$494.53M	$705.84M	$889.11M	$849.83M	$1.37B
Ebitda		$1.60B	$1.60B	$1.60B	$1.60B	$1.60B

Lululemon Athletica inc.: Balance Sheet

	2018	2019	2020	2021	2022
Cash and Cash Equivalents	$990.50M	$881.32M	$1.09B	$1.15B	$1.26B
Inventories	329.56M	404.84M	518.51M	647.23M	966.48M
Total Current Assets	$1.44B	$1.43B	$1.81B	$2.12B	$2.61B
Property, Plant and Equipment	$473.64M	$567.24M	$671.69M	$745.69M	$927.71M
Goodwill	$0.00	$0.00	$0.00	$386.88M	$386.88M
Total Assets	$2.00B	$2.08B	$3.28B	$4.19B	$4.94B

Lululemon Athletica inc.: Liabilities and shareholders equity

	Chart	2018	2019	2020	2021	2022
Total Liabilities		$401.52M	$638.74M	$1.33B	$1.63B	$2.20B

Lululemon Athletica inc.: Shareholders Equity

	2018	2019	2020	2021	2022
Retained earnings	$1.46B	$1.35B	$1.82B	$2.35B	$2.51B
Treasury stock	$0.00	$0.00	$0.00	$0.00	$0.00
Total Shareholder Equity	$1.60B	$1.45B	$1.95B	$2.56B	$2.74B
Common Stock Shares Outstanding	$135.99M	$133.41M	$130.39M	$130.29M	$129.77M

Lululemon Athletica inc.: Cash flow

	2018	2019	2020	2021	2022
Cash generated from Operations	$331.47M	$516.97M	$386.27M	$574.11M	$994.61M
Cash generated from Investing
Cash generated from Financing
Depreciation & Amortization	$108.24M	$122.48M	$161.93M	$185.48M	$224.21M
Dividends Payout
Capital Expenditures (Capex)	$-157.86M	$-225.81M	$-283.05M	$-229.23M	$-394.50M
Free Cash Flow (FCF)	$331.47M	$516.97M	$386.27M	$574.11M	$994.61M

Lululemon Athletica inc.: Profitability

	2018	2019	2020	2021	2022
Gross Profit	$1.40B	$1.82B	$2.22B	$2.46B	$3.61B
Gross Profit Margin (%)	0.53	0.55	0.56	0.56	0.58
Operating Income	$494.53M	$705.84M	$889.11M	$849.83M	$1.37B
Operating Income Margin (%)	0.19	0.21	0.22	0.19	0.22
Net Income	$258.66M	$483.80M	$645.60M	$588.91M	$975.32M
Net Income Margin (%)	0.10	0.15	0.16	0.13	0.16
Ebit	$494.53M	$705.84M	$889.11M	$849.83M	$1.37B
EBIT Margin (%)	0.19	0.21	0.22	0.19	0.22
Ebitda	$1.60B	$1.60B	$1.60B	$1.60B	$1.60B
EBITDA Margin (%)	0.61	0.49	0.40	0.36	0.26
Free Cash Flow (FCF)	$173.61M	$291.17M	$103.22M	$344.88M	$600.10M
Free Cash Flow (FCF) Margin (%)	0.07	0.09	0.03	0.08	0.10

Lululemon Athletica inc.: Ratios

	2018	2019	2020	2021	2022
Return on Equity (ROE)	0.16	0.33	0.33	0.23	0.36
Return on Assets (ROA)	0.13	0.23	0.20	0.14	0.20
Debt to Equity	0.25	0.44	0.68	0.64	0.80
Debt to total asset	0.20	0.31	0.41	0.39	0.45
Enterprise value to revenue	3.69	5.66	7.57	9.47	6.35
Enterprise value to EBITDA	16.20	22.47	28.66	48.74	28.72
Enterprise value	$9.76B	$18.61B	$30.12B	$41.67B	$39.74B
Cash to Debt	2.47	1.38	0.82	0.71	0.57
Tax Rate (%)	0.44	0.32	0.28	0.28	0.27
Retention Ratio	5.63	2.78	2.82	3.98	2.58