Ulta Beauty
ULTA
545.48
-1.81
-0.33%
Ulta Beauty
US · ULTA
#834 by market cap
Listed 1970
545.48
-1.81
-0.33%
Live - 5344 symbols - heartbeat 308s ago
· 2026-10-08 07:47
Pre-market
545.99
+0.09%
After-hours
545.48
0.00%
Overnight
545.00
-0.09%
- Market cap
- 23.32B
- P/E (TTM)i
- 19.86
- P/Bi
- 8.82
- EPSi
- 25.64
- Div yieldi
- 0.00%
- 52W posi
- 38%
Reader sentiment
Are you bullish or bearish on ULTA?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.34, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +9.71% YoY
Margins
- Gross margin
- 39.10%
- Operating margin
- 12.50%
- Net margin
- 9.31%
Key ratios & quality
- Altman Z-Scorei
- 6.34
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.72B | 7.40B | 6.15B | 8.63B | 10.21B | 11.21B | 11.30B | 12.39B |
| Gross profit | 2.41B | 2.68B | 1.95B | 3.37B | 4.04B | 4.38B | 4.39B | 4.85B |
| Selling & admin expenses | 1.54B | 1.76B | 1.58B | 2.06B | 2.40B | 2.69B | 2.81B | 3.30B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 873.85M | 920.35M | 366.14M | 1.31B | 1.65B | 1.69B | 1.58B | 1.55B |
| Pretax profit | 859.14M | 906.15M | 231.09M | 1.30B | 1.64B | 1.70B | 1.58B | 1.53B |
| Tax | 200.58M | 200.21M | 55.25M | 309.99M | 401.14M | 404.65M | 378.95M | 373.87M |
| Net profit | 658.56M | 705.95M | 175.84M | 985.84M | 1.24B | 1.29B | 1.20B | 1.15B |
| Basic EPS | 11 | 12 | 3 | 18 | 24 | 26 | 25 | 26 |
| Diluted EPS | 10.94 | 12.15 | 3.11 | 17.98 | 24.01 | 26.03 | 25.34 | 25.64 |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Revenue | 2.85B | 2.79B | 2.86B | 3.90B | 3.16B | 3.04B |
| Gross profit | 1.11B | 1.09B | 1.16B | 1.48B | 1.27B | 1.19B |
| Selling & admin expenses | 710.61M | 741.74M | 840.92M | 1.00B | 814.70M | 802.78M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 403.61M | 349.96M | 314.75M | 480.50M | 452.92M | 384.17M |
| Pretax profit | 405.32M | 346.27M | 305.30M | 474.32M | 448.91M | 375.96M |
| Tax | 99.64M | 84.80M | 73.44M | 115.99M | 106.86M | 91.88M |
| Net profit | 305.05M | 260.88M | 230.88M | 356.68M | 340.47M | 282.01M |
| Basic EPS | 7 | 6 | 5 | 8 | 8 | 7 |
| Diluted EPS | 6.70 | 5.78 | 5.14 | 8.01 | 7.74 | 6.55 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.91B | 2.06B | 2.51B | 2.28B | 2.71B | 2.84B | 3.03B | 3.14B |
| Cash & ST investments | 409.25M | 502.33M | 1.05B | 431.56M | 737.88M | 766.59M | 703.20M | 494.24M |
| Inventory | 1.21B | 1.29B | 1.17B | 1.50B | 1.60B | 1.74B | 1.97B | 2.18B |
| Total assets | 3.19B | 4.86B | 5.09B | 4.76B | 5.37B | 5.71B | 6.00B | 7.00B |
| Total current liabilities | 823.74M | 1.14B | 1.34B | 1.56B | 1.68B | 1.66B | 1.78B | 2.22B |
| Short-term debt | -- | 239.63M | 253.42M | 274.12M | 283.29M | 283.82M | 288.11M | 368.96M |
| Long-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 1,370,954,000.00 | 2,961,778,000.00 | 3,090,420,000.00 | 3,229,006,000.00 | 3,410,600,000.00 | 3,427,683,000.00 | 3,513,340,000.00 | 4,195,843,000.00 |
| Total equity | 1.82B | 1.90B | 2.00B | 1.54B | 1.96B | 2.28B | 2.49B | 2.80B |
| Retained earnings | 1.11B | 1.13B | 1.19B | 653.38M | 995.77M | 1.29B | 1.47B | 1.74B |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Total current assets | 2.94B | 3.07B | 3.37B | 3.14B | 3.02B | 3.07B |
| Cash & ST investments | 454.63M | 242.75M | 204.92M | 494.24M | 221.30M | 213.45M |
| Inventory | 2.12B | 2.41B | 2.74B | 2.18B | 2.39B | 2.41B |
| Total assets | 5.99B | 6.63B | 7.01B | 7.00B | 6.90B | 6.96B |
| Total current liabilities | 1.76B | 2.20B | 2.54B | 2.22B | 2.30B | 2.28B |
| Short-term debt | 285.76M | 571.69M | 842.44M | 368.96M | 454.48M | 652.23M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 3,556,386,000.00 | 4,026,788,000.00 | 4,379,278,000.00 | 4,195,843,000.00 | 4,314,290,000.00 | 4,320,209,000.00 |
| Total equity | 2.43B | 2.60B | 2.63B | 2.80B | 2.58B | 2.64B |
| Retained earnings | 1.42B | 1.57B | 1.58B | 1.74B | 1.52B | 1.57B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 956.13M | 1.10B | 810.36M | 1.06B | 1.48B | 1.48B | 1.34B | 1.50B |
| Depreciation & amortization | 279.47M | 295.60M | 297.77M | 268.46M | 241.37M | 243.84M | 267.04M | 300.77M |
| Free cash flow | 636.73M | 802.76M | 658.49M | 887.08M | 1.17B | 1.04B | 964.15M | 1.07B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -622.34M | -690.52M | -118.25M | -1.54B | -907.03M | -1.02B | -1.03B | -915.04M |
| Ending cash balance | 409.25M | 392.33M | 1.05B | 431.56M | 737.88M | 766.59M | 703.20M | 424.24M |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Operating cash flow | 220.02M | 96.52M | 5.64M | 1.18B | 261.89M | 119.70M |
| Depreciation & amortization | 72.03M | 71.17M | 75.79M | 81.79M | 81.40M | 81.33M |
| Free cash flow | 140.99M | 19.57M | -81.63M | 989.03M | 203.62M | 38.44M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -382.70M | -109.78M | -224.99M | -197.57M | -556.10M | -247.96M |
| Ending cash balance | 454.63M | 242.75M | 204.92M | 424.24M | 166.30M | 158.45M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 36.64 | 37.93 | 9.01 | 55.78 | 71.09 | 60.91 | 50.39 | 43.59 |
| ROA %i | 21.59 | 17.53 | 3.53 | 20.01 | 24.52 | 23.31 | 20.52 | 17.74 |
| ROIC %i | 36.43 | 18.48 | 4.55 | 27.09 | 34.30 | 32.06 | 27.66 | 24.55 |
| 5-year avg ROE %i | 28.81 | 31.83 | 28.87 | 34.55 | 42.09 | 46.94 | 49.44 | 56.35 |
| EBIT margin %i | 13.01 | 12.44 | 5.95 | 15.14 | 16.16 | 15.05 | 13.98 | 12.50 |
| FCF / sales %i | 9.48 | 10.85 | 10.70 | 10.28 | 11.46 | 9.29 | 8.54 | 8.62 |
| Current ratioi | 2.32 | 1.81 | 1.87 | 1.46 | 1.61 | 1.71 | 1.70 | 1.41 |
| Quick ratioi | 0.66 | 0.56 | 0.92 | 0.43 | 0.56 | 0.59 | 0.52 | 0.36 |
| Debt / assetsi | 0.00 | 39.85 | 37.27 | 38.76 | 35.44 | 33.49 | 32.04 | 31.18 |
| LT debt / equityi | -- | 89.31 | 82.19 | 102.43 | 82.66 | 71.39 | 65.71 | 64.67 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | 19.62 | 15.08 | 1.49 | 8.72 | 11.33 | 22.13 | 9.38 | 6.68 |
| Net income CAGR (3Y) %i | 27.20 | 19.88 | -31.84 | 14.39 | 20.73 | 94.36 | 6.81 | -2.45 |
| FCF CAGR (3Y) %i | 102.48 | 45.44 | 24.81 | 11.69 | 13.37 | 16.49 | 2.82 | -2.99 |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| ROE %i | 50.44 | 48.52 | 47.97 | 43.59 | 47.45 | 46.12 |
| ROA %i | 20.54 | 19.43 | 18.35 | 17.74 | 18.46 | 17.80 |
| ROIC %i | 27.54 | 26.06 | 24.55 | 24.55 | 25.60 | 24.06 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 13.82 | 13.69 | 13.24 | 12.50 | 12.58 | 12.53 |
| FCF / sales %i | 9.08 | 8.17 | 8.69 | 8.62 | 8.90 | 8.87 |
| Current ratioi | 1.67 | 1.39 | 1.33 | 1.41 | 1.31 | 1.35 |
| Quick ratioi | 0.39 | 0.21 | 0.17 | 0.36 | 0.20 | 0.20 |
| Debt / assetsi | 32.99 | 34.50 | 36.72 | 31.18 | 33.39 | 36.24 |
| LT debt / equityi | 69.52 | 65.91 | 65.79 | 64.67 | 71.60 | 70.80 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Retail stores, salon services, and e-commerce100.00%
Quote time 2026-10-08 07:47:37 · For reference only, not investment advice and not tailored to your situation.