$LULU (-1,51 %) has maintained high gross margins over the last decade while also maintaining consistent levels of free cash flow margins, net margins, and EBITDA margins.

Over the last three to five years, margins have grown slightly across the board, while the stock price has significantly declined year-to-date and over the last 12 months. Since 2019, free cash flow margins have improved by 8%, and since 2021 they have improved by 30%.

Similarly, net margins improved by 11% and 22% respectively, while EBITDA margins also improved by 7% and 15% respectively.