AEO vs. LULU
AEO (American Eagle Outfitters, Inc.) and LULU (Lululemon Athletica Inc.) are both stocks. Both operate in the Apparel Retail industry within the Consumer Cyclical sector. Over the past 10 years, AEO returned 4.29%/yr vs 4.58%/yr for LULU. At a 0.41 correlation, their price movements are largely independent.
Performance
AEO vs. LULU - Performance Comparison
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Returns By Period
In the year-to-date period, AEO achieves a -32.00% return, which is significantly higher than LULU's -47.59% return. Over the past 10 years, AEO has underperformed LULU with an annualized return of 4.29%, while LULU has yielded a comparatively higher 4.58% annualized return.
AEO
- 1D
- -0.34%
- 1M
- 7.26%
- YTD
- -32.00%
- 6M
- -32.59%
- 1Y
- 88.73%
- 3Y*
- 19.11%
- 5Y*
- -11.56%
- 10Y*
- 4.29%
LULU
- 1D
- 3.31%
- 1M
- -14.36%
- YTD
- -47.59%
- 6M
- -48.79%
- 1Y
- -51.71%
- 3Y*
- -33.73%
- 5Y*
- -21.35%
- 10Y*
- 4.58%
AEO vs. LULU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | -32.00% | 64.66% | -19.34% | 54.86% | -43.44% | 29.76% | 38.82% | -22.10% | 5.50% | 28.48% |
LULU Lululemon Athletica Inc. | -47.59% | -45.66% | -25.21% | 59.59% | -18.16% | 12.48% | 50.23% | 90.50% | 54.74% | 20.93% |
Correlation
The correlation between AEO and LULU is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2007 | 0.41 |
Fundamentals
AEO:
$3.06B
LULU:
$12.58B
AEO:
$1.62
LULU:
$12.35
AEO:
10.95
LULU:
8.82
AEO:
2.78
LULU:
0.43
AEO:
0.55
LULU:
1.15
AEO:
1.86
LULU:
2.51
AEO:
$5.60B
LULU:
$11.20B
AEO:
$2.00B
LULU:
$6.24B
AEO:
$662.21M
LULU:
$2.44B
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Return for Risk
AEO vs. LULU — Risk / Return Rank
AEO
LULU
AEO vs. LULU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Eagle Outfitters, Inc. (AEO) and Lululemon Athletica Inc. (LULU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AEO | LULU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.44 | ||
| Sortino ratioReturn per unit of downside risk | +4.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.78 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | -0.90 | +2.81 |
| Martin ratioReturn relative to average drawdown | 3.90 | -1.65 | +5.54 |
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Drawdowns
AEO vs. LULU - Drawdown Comparison
The maximum AEO drawdown since its inception was -80.67%, smaller than the maximum LULU drawdown of -92.26%. Use the drawdown chart below to compare losses from any high point for AEO and LULU.
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Drawdown Indicators
| AEO | LULU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.67% | -92.26% | +11.59% |
Max Drawdown (1Y)Largest decline over 1 year | -46.69% | -57.43% | +10.74% |
Max Drawdown (3Y)Largest decline over 3 years | -63.13% | -79.38% | +16.25% |
Max Drawdown (5Y)Largest decline over 5 years | -72.95% | -79.38% | +6.43% |
Max Drawdown (10Y)Largest decline over 10 years | -75.67% | -79.38% | +3.71% |
Current DrawdownCurrent decline from peak | -46.09% | -78.70% | +32.61% |
Average DrawdownAverage peak-to-trough decline | -37.89% | -27.67% | -10.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.85% | 31.40% | -8.55% |
Volatility
AEO vs. LULU - Volatility Comparison
American Eagle Outfitters, Inc. (AEO) has a higher volatility of 17.72% compared to Lululemon Athletica Inc. (LULU) at 14.24%. This indicates that AEO's price experiences larger fluctuations and is considered to be riskier than LULU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEO | LULU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.72% | 14.24% | +3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 36.77% | 31.88% | +4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.69% | 44.82% | +24.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.11% | 42.34% | +11.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.77% | 40.70% | +11.07% |
Dividends
AEO vs. LULU - Dividend Comparison
AEO's dividend yield for the trailing twelve months is around 2.82%, while LULU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEO American Eagle Outfitters, Inc. | 2.82% | 1.90% | 3.00% | 1.42% | 2.58% | 3.22% | 1.37% | 2.81% | 2.85% | 2.66% | 3.30% | 3.23% |
LULU Lululemon Athletica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AEO vs. LULU - Financials Comparison
This section allows you to compare key financial metrics between American Eagle Outfitters, Inc. and Lululemon Athletica Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AEO vs. LULU - Profitability Comparison
AEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Eagle Outfitters, Inc. reported a gross profit of 456.17M and revenue of 1.20B. Therefore, the gross margin over that period was 38.2%.
LULU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a gross profit of 1.34B and revenue of 2.47B. Therefore, the gross margin over that period was 54.2%.
AEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Eagle Outfitters, Inc. reported an operating income of 28.23M and revenue of 1.20B, resulting in an operating margin of 2.4%.
LULU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported an operating income of 276.95M and revenue of 2.47B, resulting in an operating margin of 11.2%.
AEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Eagle Outfitters, Inc. reported a net income of 23.53M and revenue of 1.20B, resulting in a net margin of 2.0%.
LULU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a net income of 195.05M and revenue of 2.47B, resulting in a net margin of 7.9%.
Frequently Asked Questions
AEO and LULU have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEO has higher volatility (17.72%) compared to LULU (14.24%). In terms of maximum drawdown, AEO dropped -80.67% vs LULU's -92.26%.
AEO currently has the higher Sharpe Ratio (1.28 vs -1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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