Companies / Consumer Discretionary
ULTA
Ulta Beauty
Other Specialty Retail
Other Specialty RetailAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health67
Growth52
Profitability46
Cash generation55
Balance sheet80
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-08-01)8.9%Revenue growth (FY)9.7%Revenue CAGR (3y)6.7%Gross margin39.1%Operating margin12.4%Net margin9.3%Free cash flow margin8.6%R&D / revenue—Stock comp / revenue0.3%Net debt / operating cash flow-0.24xCurrent ratio1.41Diluted share count change-5.1%
| Fiscal year ending | FY 2022-01 | FY 2023-01 | FY 2024-02 | FY 2025-02 | FY 2026-01 |
|---|---|---|---|---|---|
| Revenue | $8.6B | $10.2B | $11.2B | $11.3B | $12.4B |
| Gross profit | $3.4B | $4.0B | $4.4B | $4.4B | $4.8B |
| Operating income | $1.3B | $1.6B | $1.7B | $1.6B | $1.5B |
| Net income | $986M | $1.2B | $1.3B | $1.2B | $1.2B |
| Operating cash flow | $1.1B | $1.5B | $1.5B | $1.3B | $1.5B |
| Capital expenditure | $172M | $312M | $435M | $374M | $435M |
| Free cash flow | $887M | $1.2B | $1.0B | $964M | $1.1B |
| Stock-based comp | $47M | $43M | $48M | $43M | $37M |
| Buybacks | $1.5B | $900M | $996M | $1.0B | $901M |
| Cash | $432M | $738M | $767M | $703M | $424M |
| Total debt | — | — | — | — | $62M |
| Equity | $1.5B | $2.0B | $2.3B | $2.5B | $2.8B |
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