Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
EV to EBITDA Ratio, Current
EV to EBITDA Ratio, Historical

lululemon athletica inc., EBITDA calculation

US$ in thousands

12 months ended:	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
Net income	1,550,190)	854,800)	975,322)	588,913)	645,596)	483,801)
Add: Income tax expense	625,545)	477,771)	358,547)	230,437)	251,797)	231,449)
Earnings before tax (EBT)	2,175,735)	1,332,571)	1,333,869)	819,350)	897,393)	715,250)
Add: Interest expense	—)	—)	—)	—)	—)	—)
Earnings before interest and tax (EBIT)	2,175,735)	1,332,571)	1,333,869)	819,350)	897,393)	715,250)
Add: Depreciation and amortization	379,384)	291,791)	224,206)	185,478)	161,933)	122,484)
Earnings before interest, tax, depreciation and amortization (EBITDA)	2,555,119)	1,624,362)	1,558,075)	1,004,828)	1,059,326)	837,734)

Based on: 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), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

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Item	Description	The company
EBITDA	To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital.	lululemon athletica inc. EBITDA increased from 2022 to 2023 and from 2023 to 2024.

lululemon athletica inc., current EV/EBITDA calculation, comparison to benchmarks

Selected Financial Data (US$ in thousands)
Enterprise value (EV)	36,202,267)
Earnings before interest, tax, depreciation and amortization (EBITDA)	2,555,119)
Valuation Ratio
EV/EBITDA	14.17
Benchmarks
EV/EBITDA, Competitors¹
Nike Inc.	14.01
EV/EBITDA, Sector
Consumer Durables & Apparel	16.45
EV/EBITDA, Industry
Consumer Discretionary	21.36

Based on: 10-K (reporting date: 2024-01-28).

¹ Click competitor name to see calculations.

If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.

lululemon athletica inc., historical EV/EBITDA calculation, comparison to benchmarks

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
Selected Financial Data (US$ in thousands)
Enterprise value (EV)¹	58,093,744)	39,577,239)	42,738,491)	40,187,754)	25,043,644)	18,342,119)
Earnings before interest, tax, depreciation and amortization (EBITDA)²	2,555,119)	1,624,362)	1,558,075)	1,004,828)	1,059,326)	837,734)
Valuation Ratio
EV/EBITDA³	22.74	24.36	27.43	39.99	23.64	21.89
Benchmarks
EV/EBITDA, Competitors⁴
Nike Inc.	13.36	22.14	22.02	32.06	37.14	23.83
EV/EBITDA, Sector
Consumer Durables & Apparel	—	22.55	22.92	32.97	34.40	23.58
EV/EBITDA, Industry
Consumer Discretionary	—	17.94	19.55	21.16	29.01	17.75

Based on: 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), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ See details »

² See details »

³ 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 58,093,744 ÷ 2,555,119 = 22.74

⁴ Click competitor name to see calculations.

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Valuation ratio	Description	The company
EV/EBITDA	Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock.	lululemon athletica inc. EV/EBITDA ratio decreased from 2022 to 2023 and from 2023 to 2024.

lululemon athletica inc. (NASDAQ:LULU)

Enterprise Value to EBITDA (EV/EBITDA)

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

Enterprise Value to EBITDA Ratio, Current

Enterprise Value to EBITDA Ratio, Historical