Lululemon Athletica vs Ralph Lauren
Lululemon Athletica is the larger business, with $11.10bn of revenue in fiscal 2026 against $8.11bn for Ralph Lauren (1.4 times as much). Ralph Lauren grew faster (14.6% against 4.9%). Lululemon Athletica kept more of each dollar of sales as profit: a net margin of 14.2% against 11.6%.
| Latest fiscal year | Lululemon AthleticaLULU, 2026 | Ralph LaurenRL, 2026 |
|---|---|---|
| Revenue | $11.10bn | $8.11bn |
| Revenue growth | 4.9% | 14.6% |
| Net income | $1.58bn | $941m |
| Operating margin | 19.9% | 14.5% |
| Net margin | 14.2% | 11.6% |
| Return on equity | 34.0% | 34.7% |
| Free cash flow | $922m | $1.15bn |
| Cash | $1.81bn | $1.99bn |
| Total debt | — | $1.24bn |
| Debt to equity | — | 43.6% |
| Dividend per share | — | $3.65 |
| Dividend yield | — | 0.9% |
| Share buybacks | $1.18bn | $624m |
| Employees | 39,000 | 23,600 |
| Market value | $11.40bn | $24.12bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 86 (Strong) | 63 (Moderate) |
| Insider trades, 12 months | 3 buys, 4 sales | 0 buys, 21 sales |