LULU vs PVH
lululemon athletica Inc. and PVH Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LULU | PVH |
|---|---|---|
| Revenue | $11.1B | $9.0B |
| Net income | $1.6B | $25.3M |
| Gross margin | 56.6% | 57.5% |
| Net margin | 14.2% | 0.3% |
| Return on equity | 34.0% | 0.5% |
| Diluted EPS | $13.26 | $0.52 |
| Dividend / share | · | $0.15 |
| Payout ratio | · | · |
| Free cash flow | $921.7M | $538.4M |
| Equity | $5.0B | $4.8B |
| Net debt / equity | · | 0.33× |
| Current ratio | 2.26× | 1.52× |
| Revenue CAGR 5y | 20.3% | 4.6% |
| Profit CAGR 5y | 21.8% | · |
LULU bills 1.2× the revenue of PVH, and keeps more of each dollar of revenue as profit (14.2% against 0.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LULU | PVH |
|---|---|---|
| FY2025 | $11.1B | $9.0B |
| FY2024 | $10.6B | $8.7B |
| FY2023 | $9.6B | $9.2B |
| FY2022 | $8.1B | $9.0B |
| FY2021 | $6.3B | $9.2B |
| FY2020 | $4.4B | $7.1B |
| FY2019 | $4.0B | $9.9B |
| FY2018 | $3.3B | $9.7B |
| FY2017 | $2.6B | $8.9B |
| FY2016 | $2.3B | $8.2B |
Bottom line
| Fiscal year | LULU | PVH |
|---|---|---|
| FY2025 | $1.6B | $25.3M |
| FY2024 | $1.8B | $598.5M |
| FY2023 | $1.6B | $663.6M |
| FY2022 | $854.8M | $200.4M |
| FY2021 | $975.3M | $952.3M |
| FY2020 | $588.9M | $-1.1B |
| FY2019 | $645.6M | $417.3M |
| FY2018 | $483.8M | $746.4M |
| FY2017 | $258.7M | $537.8M |
| FY2016 | $303.4M | $549.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,152,400,000 | LULU |
| FY2024 | +$1,935,226,000 | LULU |
| FY2023 | +$401,578,000 | LULU |
| FY2022 | −$913,682,000 | PVH |
| FY2021 | −$2,898,083,000 | PVH |
| FY2020 | −$2,730,721,000 | PVH |
| FY2019 | −$5,929,704,000 | PVH |
| FY2018 | −$6,368,481,000 | PVH |
| FY2017 | −$6,265,619,000 | PVH |
| FY2016 | −$5,858,708,000 | PVH |
| FY2015 | −$5,959,777,000 | PVH |
| FY2014 | −$6,443,987,000 | PVH |
| FY2013 | −$6,595,212,000 | PVH |
| FY2012 | −$4,672,642,000 | PVH |
| FY2011 | −$4,889,785,000 | PVH |
| FY2010 | −$3,925,144,000 | PVH |
| FY2009 | −$1,945,833,000 | PVH |
| FY2008 | −$2,138,447,000 | PVH |
The higher-revenue side has changed between LULU and PVH over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +13.9 pp | LULU |
| FY2024 | +10.2 pp | LULU |
| FY2023 | +8.9 pp | LULU |
| FY2022 | +8.3 pp | LULU |
| FY2021 | +5.2 pp | LULU |
| FY2020 | +29.3 pp | LULU |
| FY2019 | +12.0 pp | LULU |
| FY2018 | +7.0 pp | LULU |
| FY2017 | +3.8 pp | LULU |
| FY2016 | +6.3 pp | LULU |
| FY2015 | +5.8 pp | LULU |
| FY2014 | +8.0 pp | LULU |
| FY2013 | +15.8 pp | LULU |
| FY2012 | +12.6 pp | LULU |
| FY2011 | +14.0 pp | LULU |
| FY2010 | +16.0 pp | LULU |
| FY2009 | +6.1 pp | LULU |
| FY2008 | +7.5 pp | LULU |
LULU has kept the higher net margin in every one of these 18 fiscal years.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PVH's net margin has been more volatile than LULU's over the 18 comparable fiscal years — 5.5 percentage points of standard deviation against 2.7.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LULU led in net margin in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PVH's return on equity has been more volatile than LULU's over the 18 comparable fiscal years — 8.6 percentage points of standard deviation against 7.0.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LULU led in return on equity in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.