$471.65
0.84%
Compare
Ulta Beauty vs Casey's GeneralUlta Beauty vs Williams-SonomaUlta Beauty vs Tractor SupplyUlta Beauty vs Dick's SportingUlta Beauty vs Five BelowUlta Beauty vs S&P 500 | Market

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jan 2026

Income Metrics

Revenue 3.9B
Gross Profit 1.5B 38.06%
Operating Income 480.5M 12.33%
Net Income 356.7M 9.15%
EPS (Diluted) $8.01

Balance Sheet Metrics

Total Assets 7.0B
Total Liabilities 4.2B
Shareholders Equity 2.8B
Debt to Equity 1.50

Cash Flow Metrics

Operating Cash Flow 1.1B
Free Cash Flow 989.0M

Revenue & Profitability Trend

Quarter Income Flow i

Annual Income Flow i

Ulta Beauty Income Statement From 2022 to 2026

Metric 2026 2025 2024 2023 2022
Revenue i 12.4B 11.3B 11.2B 10.2B 8.6B
Cost of Goods Sold i 7.5B 6.9B 6.8B 6.2B 5.3B
Gross Profit i 4.8B 4.4B 4.4B 4.0B 3.4B
Gross Margin % i 39.1% 38.8% 39.1% 39.6% 39.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 3.3B 2.8B 2.7B 2.4B 2.1B
Other Operating Expenses i - - - 10.6M 9.5M
Total Operating Expenses i 3.3B 2.8B 2.7B 2.4B 2.1B
Operating Income i 1.5B 1.6B 1.7B 1.6B 1.3B
Operating Margin % i 12.5% 14.0% 15.0% 16.2% 15.1%
Non-Operating Items
Interest Income i - 15.1M - - -
Interest Expense i - - - - -
Other Non-Operating Income -15.8M -13.7M -8.5M -10.6M -9.5M
Pre-tax Income i 1.5B 1.6B 1.7B 1.6B 1.3B
Income Tax i 373.9M 378.9M 404.6M 401.1M 310.0M
Effective Tax Rate % i 24.4% 24.0% 23.9% 24.4% 23.9%
Net Income i 1.2B 1.2B 1.3B 1.2B 985.8M
Net Margin % i 9.3% 10.6% 11.5% 12.2% 11.4%
Key Metrics
EBITDA i 1.9B 1.9B 1.9B 1.9B 1.6B
EPS (Basic) i - $25.44 $26.18 $24.17 $18.09
EPS (Diluted) i - $25.34 $26.03 $24.01 $17.98
Basic Shares Outstanding i - 47207000 49304000 51403000 54482000
Diluted Shares Outstanding i - 47207000 49304000 51403000 54482000

Income Statement Trend

Join Our United States Telegram Channel

Get Instant Market Updates: 52-Week High/Low Alerts, Breakout Notifications & Expert Stock Analysis Delivered To Your Phone. Join Traders Making Informed Decisions Daily!

Join Now →

Ulta Beauty Balance Sheet From 2022 to 2026

Metric 2026 2025 2024 2023 2022
Assets
Current Assets
Cash & Equivalents i 424.2M 703.2M 766.6M 737.9M 431.6M
Short-term Investments i 70.0M - - - -
Accounts Receivable i - - - 199.4M 233.7M
Inventory i 2.2B 2.0B 1.7B 1.6B 1.5B
Other Current Assets 55.5M 34.5M 25.6M 34.6M 38.8M
Total Current Assets i 3.1B 3.0B 2.8B 2.7B 2.3B
Non-Current Assets
Property, Plant & Equipment i 1.8B 1.6B 2.3B 2.2B 2.1B
Goodwill i 656.1M 21.9M 22.2M 23.1M 23.3M
Intangible Assets i 203.3M 204.0K 510.0K 1.3M 1.5M
Long-term Investments - - - - -
Other Non-Current Assets 178.3M 112.6M 102.2M 78.4M 74.1M
Total Non-Current Assets i 3.9B 3.0B 2.9B 2.7B 2.5B
Total Assets i 7.0B 6.0B 5.7B 5.4B 4.8B
Liabilities
Current Liabilities
Accounts Payable i 685.9M 563.8M 544.0M 559.5M 552.7M
Short-term Debt i 369.0M 288.1M 283.8M 283.3M 274.1M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 2.2B 1.8B 1.7B 1.7B 1.6B
Non-Current Liabilities
Long-term Debt i 1.8B 1.6B 1.6B 1.6B 1.6B
Deferred Tax Liabilities i 98.8M 42.6M 85.9M 55.3M 39.7M
Other Non-Current Liabilities 59.6M 56.1M 56.3M 53.6M 58.7M
Total Non-Current Liabilities i 2.0B 1.7B 1.8B 1.7B 1.7B
Total Liabilities i 4.2B 3.5B 3.4B 3.4B 3.2B
Equity
Common Stock i 450.0K 468.0K 491.0K 511.0K 530.0K
Retained Earnings i 1.7B 1.5B 1.3B 995.8M 653.4M
Treasury Stock i 120.4M 106.8M 83.0M 60.5M 53.5M
Other Equity - - - - -
Total Shareholders Equity i 2.8B 2.5B 2.3B 2.0B 1.5B
Key Metrics
Total Debt i 2.2B 1.9B 1.9B 1.9B 1.8B
Working Capital i 919.8M 1.2B 1.2B 1.0B 723.2M

Balance Sheet Composition

Ulta Beauty Cash Flow Statement From 2022 to 2026

Metric 2026 2025 2024 2023 2022
Operating Activities
Net Income i 1.2B 1.2B 1.3B 1.2B 985.8M
Depreciation & Amortization i 300.8M 267.0M 243.8M 241.4M 268.5M
Stock-Based Compensation i 37.4M 42.8M 48.2M 43.0M 47.3M
Working Capital Changes i -434.4M -444.0M -434.0M -398.0M -553.4M
Operating Cash Flow i 1.4B 1.3B 1.5B 1.4B 998.7M
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i -386.8M - - 0 0
Investment Purchases i -109.7M - - -2.5M -4.3M
Investment Sales i - - - 0 0
Investing Cash Flow i -496.5M - - -2.5M -4.3M
Financing Activities
Share Repurchases i -915.0M -1.0B -1.0B -907.0M -1.5B
Dividends Paid i - - - - -
Debt Issuance i - 199.7M 195.4M 0 0
Debt Repayment i -2.2B -199.7M -195.4M 0 0
Financing Cash Flow i -3.1B -1.0B -1.0B -907.0M -1.5B
Free Cash Flow i 1.1B 964.1M 1.0B 1.2B 887.1M
Net Change in Cash i -2.2B 303.0M 494.1M 536.9M -543.2M

Cash Flow Trend

Ulta Beauty Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 22.22
Forward P/E 18.07
Price to Book 8.98
Price to Sales 2.04
PEG Ratio -4.20

Profitability Ratios

Profit Margin 9.31%
Operating Margin 12.23%
Return on Equity 43.60%
Return on Assets 14.74%

Financial Health

Current Ratio 1.41
Debt to Equity 77.84
Beta 0.95

Per Share Data

EPS (TTM) $25.66
Book Value per Share $63.48
Revenue per Share $276.37

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
ULTA 25.0B 22.22 8.98 43.60% 9.31% 77.84
Casey's General 29.3B 44.85 7.51 17.88% 3.83% 75.15
Williams-Sonoma 22.7B 21.56 10.87 51.52% 13.94% 69.96
Tractor Supply 19.3B 18.10 7.50 45.50% 6.91% 254.95
Dick's Sporting 20.2B 22.51 3.60 19.44% 4.93% 139.83
Five Below 13.2B 36.59 5.97 17.92% 7.53% 92.66
Nippun Rana

Nippun Rana

Chasing the market trend!

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, an...

Financial data is updated regularly. All figures are in the company's reporting currency.