Ulta Beauty, Inc. ULTA SPX

Consumer Cyclical · Specialty Retail · United States

https://www.ulta.com

Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States, Mexico, and Kuwait. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications. It also provides wellness products. The company was formerly known as ULTA Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.

Market & Price

Market Cap

$22.26B

Current Price

$508.85

High / Low (52W)

$706.82 / $456.97

Beta

0.89

Valuation

Stock P/E

19.84

Industry PE

22.37

Forward P/E

16.06

PEG Ratio

1.69

Book Value

$63.48

Price to Book

8.02

P/S

1.80

EV/EBITDA

13.06

Dividend Yield

Profitability & Returns

ROCE

32.44%

ROE

43.59%

ROA

14.74%

Profit Margin

9.31%

Op Margin

12.23%

EPS (Latest Qtr)

$8.01

EPS (TTM)

$25.65

Balance Sheet & Liquidity

Debt/Equity

0.78

Quick Ratio

0.35

Current Ratio

1.41

Debt

$2.18B

Total Assets

$7.00B

Current Assets

$3.14B

Working Capital

$919.80M

Ownership

Promoter Holding

0.23%

Chg in Prom Hold

FII / Inst Holding

100.56%

Chg in FII Hold

0.04%

Financial Snapshot

Enterprise Value

$23.94B

Total Revenue (TTM)

$12.39B

EBITDA

$1.83B

Free Cash Flow

$900.10M

Operating Cash Flow

$1.50B

Shares Outstanding

43.56M

Gross Margin

43.05%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

6.68%

Profit 5Y

-2.45%

Revenue (YoY)

11.80%

Earnings (YoY)

-5.40%

PROS

Strong return on equity of 43.6%.
Healthy ROCE of 32.4%.
Generates positive free cash flow.

CONS

Earnings shrank at -2.4% CAGR over 5 years.
Trading 28.0% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	ULTA Ulta Beauty, Inc. SPX	508.85	19.84	$22.26B	-	32.44%	43.59%	6.68%	-2.45%
2	AMZN Amazon.com, Inc. NDXSPXAI	270.64	31.65	$2.91T	-	16.60%	24.29%	11.73%	984.47%
3	TSLA Tesla, Inc. NDXSPXAI	435.79	399.81	$1.64T	-	5.29%	4.90%	5.19%	-32.94%
4	HD The Home Depot, Inc. SPX	317.14	22.52	$316.23B	2.94%	28.92%	128.38%	1.52%	-6.11%
5	MCD McDonald's Corporation SPX	279.20	23.04	$198.37B	2.66%	22.63%	-	5.06%	11.50%
6	TJX The TJX Companies, Inc. SPX	154.75	30.11	$171.12B	1.24%	32.91%	61.25%	6.53%	16.24%
7	BKNG Booking Holdings Inc. NDXSPX	167.43	22.09	$129.74B	0.96%	67.24%	-	16.35%	20.90%
8	LOW Lowe's Companies, Inc. SPX	214.36	18.12	$120.26B	2.24%	29.62%	-	-3.85%	1.11%
9	PDD PDD Holdings Inc. NDX	84.44	8.87	$120.19B	-	28.69%	25.40%	49.00%	45.85%

Quarterly Results

Figures in USD.

Metric	Jul 2016	Oct 2016	Jan 2017	Apr 2017	Jul 2017	Oct 2017	Feb 2018	May 2018	Aug 2018	Nov 2018	Feb 2019	May 2019	Aug 2019	Nov 2019	Feb 2020	May 2020	Aug 2020	Oct 2020	Jan 2021	May 2021	Jul 2021	Oct 2021	Apr 2022	Jul 2022	Oct 2022	Apr 2023	Jul 2023	Oct 2023	May 2024	Aug 2024	Oct 2024	Nov 2024	Jan 2025	Apr 2025	May 2025	Jul 2025	Aug 2025	Oct 2025	Nov 2025	Jan 2026
Revenue	-	-	-	1.31B	1.29B	1.34B	1.94B	1.54B	1.49B	1.56B	2.12B	1.74B	1.67B	1.68B	2.31B	1.17B	1.23B	1.55B	2.20B	1.94B	1.97B	2.00B	2.35B	2.30B	2.34B	2.63B	2.53B	2.49B	2.73B	2.55B	-	2.53B	3.49B	2.85B	2.85B	2.79B	2.79B	2.86B	2.86B	3.90B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.15B	1.73B	-	1.70B	-	1.70B	-	2.41B
Gross Profit	384.84M	427.05M	544.91M	476.01M	469.33M	493.13M	658.35M	560.71M	535.46M	572.28M	740.86M	644.85M	605.90M	623.43M	806.88M	303.61M	329.01M	545.52M	771.03M	753.79M	797.96M	789.47M	941.03M	928.16M	962.82M	1.05B	993.61M	992.07M	1.07B	978.18M	-	1.01B	1.33B	1.11B	1.11B	1.09B	1.09B	1.16B	1.16B	1.48B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	815.60M	710.61M	-	741.74M	-	840.92M	-	1.00B
Operating Income	143.77M	139.66M	224.23M	188.41M	179.80M	162.67M	254.42M	209.84M	193.81M	169.21M	281.21M	237.54M	208.02M	167.78M	287.76M	-101.48M	12.76M	101.28M	224.27M	305.32M	332.31M	284.24M	437.71M	391.43M	361.86M	442.07M	391.64M	327.23M	400.95M	329.20M	-	318.50M	518.05M	403.61M	401.78M	349.96M	344.85M	314.75M	309.42M	480.50M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	588.02M	475.64M	-	421.12M	-	385.21M	-	562.29M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.12M	-	-
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	518.32M	405.32M	-	346.27M	-	305.30M	-	474.32M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125.05M	99.64M	-	84.80M	-	73.44M	-	115.99M
Net Income	90.00M	87.56M	140.22M	128.22M	114.19M	104.64M	208.17M	164.40M	148.32M	131.17M	214.67M	192.22M	161.26M	129.75M	222.72M	-78.51M	8.05M	74.80M	171.49M	230.29M	250.89M	215.29M	331.39M	295.68M	274.58M	347.05M	300.10M	249.48M	313.11M	252.56M	-	242.18M	393.27M	305.05M	305.05M	260.88M	260.88M	230.88M	230.88M	356.68M
Diluted EPS	1.43	1.40	2.24	2.05	1.83	1.70	3.40	2.70	2.46	2.18	3.61	3.26	2.76	2.25	3.89	-1.39	0.14	1.32	3.03	4.10	4.56	3.94	6.30	5.70	5.34	6.88	6.02	5.07	6.47	5.30	-	5.14	8.46	6.70	6.70	5.78	5.78	5.14	5.14	8.01

Profit & Loss (Annual)

Figures in USD.

Metric	Jan 2010	Jan 2011	Jan 2012	Feb 2013	Feb 2014	Jan 2015	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Feb 2024	Jan 2025	Feb 2025	Jan 2026
Revenue	-	-	-	-	-	-	-	4.85B	5.88B	6.72B	7.40B	6.15B	-	10.21B	11.21B	11.21B	11.30B	11.30B	12.39B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	6.16B	6.83B	-	6.91B	-	7.55B
Gross Profit	376.57M	484.08M	616.84M	783.67M	941.25M	1.14B	1.38B	1.75B	2.10B	2.41B	2.68B	1.95B	-	4.04B	4.38B	4.38B	4.39B	4.39B	4.85B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	2.40B	2.69B	-	2.81B	-	3.30B
Operating Income	68.15M	118.88M	196.19M	279.98M	327.59M	410.42M	506.30M	654.82M	785.29M	854.08M	901.09M	236.82M	-	1.65B	1.69B	1.68B	1.58B	1.56B	1.55B
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	1.89B	1.93B	-	1.85B	-	1.85B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	1.64B	1.70B	-	1.58B	-	1.53B
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	401.14M	404.65M	-	378.95M	-	373.87M
Net Income	39.36M	71.03M	120.26M	172.55M	202.85M	257.13M	320.01M	409.76M	555.23M	658.56M	705.95M	175.84M	-	1.24B	1.29B	1.29B	1.20B	1.20B	1.15B
Diluted EPS	0.66	1.16	1.90	2.68	3.15	3.98	4.98	6.52	8.96	10.94	12.15	3.11	17.98	24.01	26.03	26.03	25.34	25.34	-

Compounded Sales Growth

5 Years:	6.68%
1 Year:	11.80%

Compounded Profit Growth

5 Years:	-2.45%
1 Year:	-5.40%

Stock Price Performance

1 Year:	+7.93%
6 Months:	-2.34%
3 Months:	-25.69%
1 Month:	-4.03%

Balance Sheet (Annual)

Figures in USD.

Metric	Jan 2009	Jan 2010	Jan 2011	Jan 2012	Feb 2013	Feb 2014	Jan 2015	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Feb 2024	Jan 2025	Feb 2025	Jan 2026
Total Assets	-	-	730.49M	957.22M	1.28B	1.60B	1.98B	2.23B	2.55B	2.91B	3.19B	4.86B	5.09B	-	5.37B	5.71B	5.71B	6.00B	6.00B	7.00B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.71B	2.84B	-	3.03B	-	3.14B
Cash & Equivalents	3.64M	4.02M	111.19M	253.74M	320.48M	419.48M	389.15M	345.84M	385.01M	277.44M	409.25M	392.32M	1.05B	-	737.88M	766.59M	766.59M	703.20M	703.20M	424.24M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.60B	1.74B	-	1.97B	-	2.18B
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	233.68M	199.42M	-	-	-	-	-
Total Liabilities	-	-	327.95M	372.51M	488.31M	599.63M	735.66M	788.03M	1.00B	1.13B	1.37B	2.96B	3.09B	-	3.41B	3.43B	3.43B	3.51B	3.51B	4.20B
Current Liabilities	-	-	163.36M	164.85M	221.07M	266.81M	359.59M	396.23M	529.34M	642.17M	823.74M	1.14B	1.34B	-	1.68B	1.66B	1.66B	1.78B	1.78B	2.22B
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.90B	1.91B	-	1.92B	-	2.18B
Total Equity	244.97M	292.61M	402.53M	584.70M	786.94M	1.00B	1.25B	1.44B	1.55B	1.77B	1.82B	1.90B	2.00B	-	1.96B	2.28B	2.28B	2.49B	2.49B	2.80B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51.12M	49.12M	-	46.81M	-	45.05M

Cash Flows (Annual)

Figures in USD.

Metric	Jan 2010	Jan 2011	Jan 2012	Feb 2013	Feb 2014	Jan 2015	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Feb 2024	Jan 2025	Feb 2025	Jan 2026
Operating Cash Flow	172.83M	176.54M	220.89M	239.00M	-	-	375.87M	634.38M	779.37M	956.13M	1.10B	810.36M	-	1.48B	1.48B	1.48B	1.34B	1.34B	1.50B
Investing Cash Flow	-68.11M	-97.11M	-128.64M	-188.58M	-	-	-278.96M	-273.45M	-530.71M	-215.11M	-471.48M	-48.75M	-	-314.58M	-441.43M	-441.43M	-383.09M	-383.09M	-931.35M
Financing Cash Flow	-104.34M	27.74M	50.30M	16.31M	-	-	-140.22M	-321.77M	-356.22M	-609.21M	-646.74M	-107.93M	-	-861.01M	-1.01B	-1.01B	-1.02B	-1.02B	-850.67M
Capital Expenditure	-68.11M	-97.11M	-128.64M	-188.58M	-226.02M	-249.07M	-299.17M	-373.45M	-440.71M	-319.40M	-298.53M	-151.87M	-	-312.13M	-435.27M	-435.27M	-374.46M	-374.46M	-434.83M
Free Cash Flow	104.72M	79.43M	92.25M	50.42M	-	-	76.71M	260.94M	338.65M	636.73M	802.76M	658.49M	-	1.17B	1.04B	1.04B	964.15M	964.15M	1.07B
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	306.32M	28.72M	-	-63.39M	-	-279.23M
Share Buybacks	-	-	3.24M	79.00K	37.34M	39.92M	167.40M	344.27M	367.58M	616.19M	680.98M	114.89M	1.52B	900.03M	-	995.74M	-	1.00B	901.39M
Dividends Paid	-	-	-	62.48M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Ratios (Annual)

Figures in %.

Metric	Jan 2010	Jan 2011	Jan 2012	Feb 2013	Feb 2014	Jan 2015	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Jan 2024	Feb 2024	Jan 2025	Feb 2025	Jan 2026
Gross Margin %	-	-	-	-	-	-	-	36.0%	35.6%	35.9%	36.2%	31.7%	-	39.6%	39.1%	39.1%	38.8%	38.8%	39.1%
Operating Margin %	-	-	-	-	-	-	-	13.5%	13.3%	12.7%	12.2%	3.8%	-	16.2%	15.0%	15.0%	14.0%	13.9%	12.5%
Net Margin %	-	-	-	-	-	-	-	8.4%	9.4%	9.8%	9.5%	2.9%	-	12.2%	11.5%	11.5%	10.6%	10.6%	9.3%
ROE %	13.5%	17.6%	20.6%	21.9%	20.2%	20.6%	22.2%	26.4%	31.3%	36.2%	37.1%	8.8%	-	63.4%	56.6%	56.6%	48.3%	48.3%	41.1%
ROCE %	-	21.0%	24.8%	26.6%	24.5%	25.3%	27.6%	32.4%	34.6%	36.1%	24.2%	6.3%	-	44.7%	41.7%	41.4%	37.4%	37.1%	32.4%

Shareholding Pattern

Insiders

0.23%

Institutions

100.56%

Public Float

100.79%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	9.33%	4.07M	$2.07B
2	Vanguard Capital Management LLC	6.62%	2.88M	$1.47B
3	State Street Corporation	4.60%	2.00M	$1.02B
4	Vanguard Portfolio Management LLC	4.50%	1.96M	$997.37M
5	Sanders Capital, LLC	4.38%	1.91M	$970.96M
6	Geode Capital Management, LLC	2.92%	1.27M	$647.58M
7	Morgan Stanley	2.57%	1.12M	$569.93M
8	JPMORGAN CHASE & CO	2.54%	1.10M	$562.11M
9	Price (T.Rowe) Associates Inc	2.26%	983.68K	$500.55M
10	T. Rowe Price Investment Management, Inc.	2.23%	970.40K	$493.79M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for ULTA

No recent headlines available.

ULTA · Consumer Cyclical

Ulta Beauty, Inc.

About

Key Facts

Sector	Consumer Cyclical
Industry	Specialty Retail
Headquarters	United States
Employees	21,382
Website	https://www.ulta.com

Press Esc or click outside to close.

Explore More

📊 Consumer Cyclical Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks

Ulta Beauty, Inc. ULTA SPX

Market & Price

Valuation

Profitability & Returns

Balance Sheet & Liquidity

Ownership

Financial Snapshot

Growth (CAGR)

PROS

CONS

Price Chart

Technical Trend

Fundamental Growth

Peer comparison

Quarterly Results

Profit & Loss (Annual)

Compounded Sales Growth

Compounded Profit Growth

Stock Price Performance

Balance Sheet (Annual)

Cash Flows (Annual)

Ratios (Annual)

Shareholding Pattern

Top Institutional Holders

Analyst View

Latest News

Explore More