Symbols / ULTA
ULTA Chart
About
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 beauty services, including hair, makeup, brow, and skin services at its stores. 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.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Specialty Retail | Market Cap | 30.78B |
| Enterprise Value | 32.82B | Income | 1.19B | Sales | 11.98B |
| Book/sh | 59.17 | Cash/sh | 4.62 | Dividend Yield | — |
| Payout | 0.00% | Employees | 20000 | IPO | — |
| P/E | 26.32 | Forward P/E | 24.09 | PEG | — |
| P/S | 2.57 | P/B | 11.60 | P/C | — |
| EV/EBITDA | 17.64 | EV/Sales | 2.74 | Quick Ratio | 0.17 |
| Current Ratio | 1.33 | Debt/Eq | 97.78 | LT Debt/Eq | — |
| EPS (ttm) | 26.08 | EPS next Y | 28.49 | EPS Growth | 0.00% |
| Revenue Growth | 12.90% | Earnings | 2026-03-12 | ROA | 15.15% |
| ROE | 47.97% | ROIC | — | Gross Margin | 42.90% |
| Oper. Margin | 10.83% | Profit Margin | 9.93% | Shs Outstand | 44.36M |
| Shs Float | 44.17M | Short Float | 6.52% | Short Ratio | 4.02 |
| Short Interest | — | 52W High | 714.97 | 52W Low | 309.01 |
| Beta | 0.83 | Avg Volume | 668.09K | Volume | 428.47K |
| Target Price | $683.54 | Recom | Buy | Prev Close | $669.87 |
| Price | $686.44 | Change | 2.47% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$683.54
Mean price target
2. Current target
$686.44
Latest analyst target
3. DCF / Fair value
$395.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$686.44
Low
$440.00
High
$800.00
Mean
$683.54
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-21 | main | TD Cowen | Buy → Buy | $775 |
| 2026-01-21 | up | Raymond James | Outperform → Strong Buy | $790 |
| 2026-01-20 | main | Oppenheimer | Outperform → Outperform | $750 |
| 2026-01-15 | main | Morgan Stanley | Overweight → Overweight | $750 |
| 2026-01-08 | main | B of A Securities | Neutral → Neutral | $685 |
| 2026-01-07 | main | UBS | Buy → Buy | $780 |
| 2026-01-02 | main | Argus Research | Buy → Buy | $700 |
| 2025-12-10 | main | Oppenheimer | Outperform → Outperform | $675 |
| 2025-12-08 | main | Morgan Stanley | Overweight → Overweight | $640 |
| 2025-12-08 | up | TD Cowen | Hold → Buy | $725 |
| 2025-12-05 | main | DA Davidson | Buy → Buy | $650 |
| 2025-12-05 | main | Canaccord Genuity | Buy → Buy | $674 |
| 2025-12-05 | main | Oppenheimer | Outperform → Outperform | $615 |
| 2025-12-05 | main | Evercore ISI Group | Outperform → Outperform | $660 |
| 2025-12-05 | main | UBS | Buy → Buy | $690 |
| 2025-12-05 | reit | Guggenheim | Neutral → Neutral | — |
| 2025-12-05 | main | Baird | Outperform → Outperform | $670 |
| 2025-12-05 | main | Telsey Advisory Group | Outperform → Outperform | $640 |
| 2025-12-05 | main | Piper Sandler | Overweight → Overweight | $615 |
| 2025-12-05 | main | JP Morgan | Overweight → Overweight | $647 |
- JPMorgan Raises Ulta Beauty (ULTA) Price Target to $800 from $647 - Finviz Wed, 25 Feb 2026 11
- Ulta Beauty (ULTA) Surpasses Market Returns: Some Facts Worth Knowing - Yahoo Finance ue, 24 Feb 2026 22
- TD Asset Management Inc Sells 64,961 Shares of Ulta Beauty Inc. $ULTA - MarketBeat Wed, 25 Feb 2026 13
- Assessing Ulta Beauty (ULTA) Valuation After Strong 1 Year Momentum And Fair Value Debate - simplywall.st ue, 24 Feb 2026 12
- Ulta Beauty Keeps Its Shine Even After a Strong Rally. More Upside Awaits. - Barron's hu, 19 Feb 2026 13
- Ulta Beauty Stock: Analyst Estimates & Ratings - Barchart.com hu, 19 Feb 2026 14
- Why Does Everyone Have Beef With Ulta Right Now? - The Cut Fri, 23 Jan 2026 08
- Ulta Beauty Stock: Analyst Estimates & Ratings - Yahoo Finance hu, 19 Feb 2026 14
- 2 Reasons to Like ULTA and 1 to Stay Skeptical - Finviz ue, 24 Feb 2026 11
- 10,995 Shares in Ulta Beauty Inc. $ULTA Purchased by Bowen Hanes & Co. Inc. - MarketBeat Sun, 22 Feb 2026 09
- Ulta Beauty (ULTA) Stock Slides as Market Rises: Facts to Know Before You Trade - Yahoo Finance Wed, 18 Feb 2026 22
- Smead Capital Management Inc. Has $83.88 Million Stake in Ulta Beauty Inc. $ULTA - MarketBeat Sat, 21 Feb 2026 14
- Why Ulta (ULTA) Stock Is Trading Up Today - Yahoo Finance Fri, 05 Dec 2025 08
- Compass Wealth Management LLC Acquires New Position in Ulta Beauty Inc. $ULTA - MarketBeat Fri, 20 Feb 2026 10
- Ulta Beauty Introduces the First-Ever Ulta Beauty Roster, Announcing Its Biggest Investment in Women’s Sports - Yahoo Finance Wed, 04 Feb 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 3416 | — | — | Stock Award(Grant) at price 0.00 per share. | STEELMAN KECIA | Chief Executive Officer | — | 2026-02-12 00:00:00 | D |
| 1 | 644 | — | — | Stock Award(Grant) at price 0.00 per share. | RYAN ANITA JANE | Officer | — | 2026-02-12 00:00:00 | D |
| 2 | 340 | — | — | Stock Gift at price 0.00 per share. | HALLIGAN CATHERINE ANN | Director | — | 2025-12-15 00:00:00 | D |
| 3 | 5474 | — | — | Stock Award(Grant) at price 0.00 per share. | DELOREFICE CHRISTOPHER | Chief Financial Officer | — | 2025-12-09 00:00:00 | D |
| 4 | 500 | 264215 | — | Sale at price 528.43 per share. | SMITH MICHAEL C | Director | — | 2025-09-04 00:00:00 | D |
| 5 | 277 | — | — | Stock Award(Grant) at price 0.00 per share. | BROK MARTIN | Director | — | 2025-08-29 00:00:00 | D |
| 6 | 277 | — | — | Stock Award(Grant) at price 0.00 per share. | LANDRY STEPHENIE LEE | Director | — | 2025-08-29 00:00:00 | D |
| 7 | 383 | — | — | Stock Award(Grant) at price 0.00 per share. | NAGLER LORNA E | Director | — | 2025-06-11 00:00:00 | D |
| 8 | 383 | — | — | Stock Award(Grant) at price 0.00 per share. | LITTLE PATRICIA A. | Director | — | 2025-06-11 00:00:00 | D |
| 9 | 383 | — | — | Stock Award(Grant) at price 0.00 per share. | HALLIGAN CATHERINE ANN | Director | — | 2025-06-11 00:00:00 | D |
Financials
| Line Item | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -3.29M | -2.03M | -2.59M | -2.27M |
| TaxRateForCalcs | 0.24 | 0.24 | 0.24 | 0.24 |
| NormalizedEBITDA | 1.86B | 1.94B | 1.90B | 1.58B |
| TotalUnusualItems | -13.69M | -8.51M | -10.60M | -9.52M |
| TotalUnusualItemsExcludingGoodwill | -13.69M | -8.51M | -10.60M | -9.52M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 1.20B | 1.29B | 1.24B | 985.84M |
| ReconciledDepreciation | 267.04M | 243.84M | 241.37M | 268.46M |
| ReconciledCostOfRevenue | 6.91B | 6.83B | 6.16B | 5.26B |
| EBITDA | 1.85B | 1.93B | 1.89B | 1.58B |
| EBIT | 1.58B | 1.69B | 1.65B | 1.31B |
| NetInterestIncome | 15.09M | 17.62M | 4.93M | -1.66M |
| InterestIncome | 15.09M | 17.62M | 4.93M | |
| NormalizedIncome | 1.21B | 1.30B | 1.25B | 993.08M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 1.20B | 1.29B | 1.24B | 985.84M |
| TotalExpenses | 9.72B | 9.52B | 8.56B | 7.32B |
| TotalOperatingIncomeAsReported | 1.56B | 1.68B | 1.64B | 1.30B |
| DilutedAverageShares | 47.40M | 49.60M | 51.74M | 54.84M |
| BasicAverageShares | 47.21M | 49.30M | 51.40M | 54.48M |
| DilutedEPS | 25.34 | 26.03 | 24.01 | 17.98 |
| BasicEPS | 25.44 | 26.18 | 24.17 | 18.09 |
| DilutedNIAvailtoComStockholders | 1.20B | 1.29B | 1.24B | 985.84M |
| NetIncomeCommonStockholders | 1.20B | 1.29B | 1.24B | 985.84M |
| NetIncome | 1.20B | 1.29B | 1.24B | 985.84M |
| NetIncomeIncludingNoncontrollingInterests | 1.20B | 1.29B | 1.24B | 985.84M |
| NetIncomeContinuousOperations | 1.20B | 1.29B | 1.24B | 985.84M |
| TaxProvision | 378.95M | 404.65M | 401.14M | 309.99M |
| PretaxIncome | 1.58B | 1.70B | 1.64B | 1.30B |
| OtherIncomeExpense | -13.69M | -8.51M | -10.60M | -9.52M |
| SpecialIncomeCharges | -13.69M | -8.51M | -10.60M | -9.52M |
| OtherSpecialCharges | 13.69M | 8.51M | 10.60M | 9.52M |
| WriteOff | 0.00 | 0.00 | ||
| NetNonOperatingInterestIncomeExpense | 15.09M | 17.62M | 4.93M | -1.66M |
| TotalOtherFinanceCost | -17.62M | -4.93M | 1.66M | |
| InterestIncomeNonOperating | 15.09M | 17.62M | 4.93M | |
| OperatingIncome | 1.58B | 1.69B | 1.65B | 1.31B |
| OperatingExpense | 2.81B | 2.69B | 2.40B | 2.06B |
| OtherOperatingExpenses | 10.60M | 9.52M | ||
| SellingGeneralAndAdministration | 2.81B | 2.69B | 2.40B | 2.06B |
| GrossProfit | 4.39B | 4.38B | 4.04B | 3.37B |
| CostOfRevenue | 6.91B | 6.83B | 6.16B | 5.26B |
| TotalRevenue | 11.30B | 11.21B | 10.21B | 8.63B |
| OperatingRevenue | 11.30B | 11.21B | 10.21B | 8.63B |
| Line Item | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 844.00K | 799.00K | 756.00K | 738.00K |
| OrdinarySharesNumber | 45.97M | 48.32M | 50.36M | 52.31M |
| ShareIssued | 46.81M | 49.12M | 51.12M | 53.05M |
| TotalDebt | 1.92B | 1.91B | 1.90B | 1.85B |
| TangibleBookValue | 2.48B | 2.27B | 1.95B | 1.52B |
| InvestedCapital | 2.49B | 2.28B | 1.96B | 1.54B |
| WorkingCapital | 1.25B | 1.18B | 1.03B | 723.17M |
| NetTangibleAssets | 2.48B | 2.27B | 1.95B | 1.52B |
| CapitalLeaseObligations | 1.92B | 1.91B | 1.90B | 1.85B |
| CommonStockEquity | 2.49B | 2.28B | 1.96B | 1.54B |
| TotalCapitalization | 2.49B | 2.28B | 1.96B | 1.54B |
| TotalEquityGrossMinorityInterest | 2.49B | 2.28B | 1.96B | 1.54B |
| StockholdersEquity | 2.49B | 2.28B | 1.96B | 1.54B |
| GainsLossesNotAffectingRetainedEarnings | 0.00 | |||
| TreasuryStock | 106.79M | 83.03M | 60.47M | 53.48M |
| RetainedEarnings | 1.47B | 1.29B | 995.77M | 653.38M |
| AdditionalPaidInCapital | 1.12B | 1.08B | 1.02B | 934.95M |
| CapitalStock | 468.00K | 491.00K | 511.00K | 530.00K |
| CommonStock | 468.00K | 491.00K | 511.00K | 530.00K |
| TotalLiabilitiesNetMinorityInterest | 3.51B | 3.43B | 3.41B | 3.23B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.73B | 1.77B | 1.73B | 1.67B |
| OtherNonCurrentLiabilities | 56.15M | 56.30M | 53.60M | 58.66M |
| NonCurrentDeferredLiabilities | 42.59M | 85.92M | 55.35M | 39.69M |
| NonCurrentDeferredTaxesLiabilities | 42.59M | 85.92M | 55.35M | 39.69M |
| LongTermDebtAndCapitalLeaseObligation | 1.64B | 1.63B | 1.62B | 1.57B |
| LongTermCapitalLeaseObligation | 1.64B | 1.63B | 1.62B | 1.57B |
| CurrentLiabilities | 1.78B | 1.66B | 1.68B | 1.56B |
| CurrentDeferredLiabilities | 500.58M | 436.59M | 394.68M | 353.58M |
| CurrentDeferredRevenue | 500.58M | 436.59M | 394.68M | 353.58M |
| CurrentDebtAndCapitalLeaseObligation | 288.11M | 283.82M | 283.29M | 274.12M |
| CurrentCapitalLeaseObligation | 288.11M | 283.82M | 283.29M | 274.12M |
| PayablesAndAccruedExpenses | 990.78M | 937.78M | 1.00B | 930.31M |
| CurrentAccruedExpenses | 319.52M | 325.68M | 385.43M | 321.33M |
| Payables | 671.25M | 612.10M | 618.38M | 608.98M |
| TotalTaxPayable | 107.49M | 68.10M | 58.85M | 56.25M |
| IncomeTaxPayable | 46.78M | 11.31M | 0.00 | 12.79M |
| AccountsPayable | 563.76M | 544.00M | 559.53M | 552.73M |
| TotalAssets | 6.00B | 5.71B | 5.37B | 4.76B |
| TotalNonCurrentAssets | 2.97B | 2.87B | 2.66B | 2.48B |
| OtherNonCurrentAssets | 25.36M | 19.06M | 14.47M | 35.65M |
| NonCurrentDeferredAssets | 87.29M | 83.19M | 63.92M | 38.41M |
| GoodwillAndOtherIntangibleAssets | 11.07M | 11.38M | 12.18M | 12.41M |
| OtherIntangibleAssets | 204.00K | 510.00K | 1.31M | 1.54M |
| Goodwill | 10.87M | 10.87M | 10.87M | 10.87M |
| NetPPE | 2.85B | 2.76B | 2.57B | 2.40B |
| AccumulatedDepreciation | -2.15B | -2.01B | -1.85B | -1.72B |
| GrossPPE | 5.00B | 4.77B | 4.42B | 4.12B |
| Leases | 1.04B | 928.90M | 855.70M | 813.07M |
| ConstructionInProgress | 80.84M | 193.26M | 196.12M | 91.90M |
| OtherProperties | 1.61B | 1.57B | 1.56B | 1.48B |
| MachineryFurnitureEquipment | 2.27B | 2.07B | 1.81B | 1.73B |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 3.03B | 2.84B | 2.71B | 2.28B |
| OtherCurrentAssets | 34.54M | 25.61M | 34.64M | 38.83M |
| CurrentDeferredAssets | 29.18M | 24.58M | 34.90M | 23.38M |
| PrepaidAssets | 70.35M | 69.65M | 99.02M | 54.52M |
| Inventory | 1.97B | 1.74B | 1.60B | 1.50B |
| FinishedGoods | 1.97B | 1.74B | 1.60B | 1.50B |
| Receivables | 223.33M | 207.94M | 199.42M | 233.68M |
| ReceivablesAdjustmentsAllowances | -1.08M | -1.00M | ||
| OtherReceivables | 223.33M | 207.94M | 199.42M | 234.69M |
| AccountsReceivable | 199.42M | 233.68M | ||
| CashCashEquivalentsAndShortTermInvestments | 703.20M | 766.59M | 737.88M | 431.56M |
| CashAndCashEquivalents | 703.20M | 766.59M | 737.88M | 431.56M |
| CashEquivalents | 91.95M | 89.59M | 86.51M | 266.44M |
| CashFinancial | 611.25M | 677.00M | 651.37M | 165.12M |
| Line Item | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|---|
| FreeCashFlow | 964.15M | 1.04B | 1.17B | 887.08M |
| RepurchaseOfCapitalStock | -1.03B | -1.02B | -907.02M | -1.54B |
| RepaymentOfDebt | -199.70M | -195.40M | 0.00 | 0.00 |
| IssuanceOfDebt | 199.70M | 195.40M | 0.00 | 0.00 |
| CapitalExpenditure | -374.46M | -435.27M | -312.13M | -172.19M |
| InterestPaidSupplementalData | 4.16M | 3.33M | 2.14M | 2.13M |
| IncomeTaxPaidSupplementalData | 386.06M | 328.21M | 429.85M | 370.65M |
| EndCashPosition | 703.20M | 766.59M | 737.88M | 431.56M |
| BeginningCashPosition | 766.59M | 737.88M | 431.56M | 1.05B |
| EffectOfExchangeRateChanges | 0.00 | 0.00 | -56.00K | |
| ChangesInCash | -63.39M | 28.72M | 306.32M | -614.43M |
| FinancingCashFlow | -1.02B | -1.01B | -861.01M | -1.50B |
| CashFlowFromContinuingFinancingActivities | -1.02B | -1.01B | -861.01M | -1.50B |
| NetOtherFinancingCharges | -4.16M | |||
| ProceedsFromStockOptionExercised | 12.34M | 12.18M | 46.01M | 40.39M |
| NetCommonStockIssuance | -1.03B | -1.02B | -907.02M | -1.54B |
| CommonStockPayments | -1.03B | -1.02B | -907.02M | -1.54B |
| NetIssuancePaymentsOfDebt | 0.00 | 0.00 | 0.00 | 0.00 |
| NetLongTermDebtIssuance | 0.00 | 0.00 | 0.00 | 0.00 |
| LongTermDebtPayments | -199.70M | -195.40M | 0.00 | 0.00 |
| LongTermDebtIssuance | 199.70M | 195.40M | 0.00 | 0.00 |
| InvestingCashFlow | -383.09M | -441.43M | -314.58M | -176.48M |
| CashFlowFromContinuingInvestingActivities | -383.09M | -441.43M | -314.58M | -176.48M |
| NetInvestmentPurchaseAndSale | -8.63M | -6.16M | -2.46M | -4.30M |
| SaleOfInvestment | 0.00 | 0.00 | ||
| PurchaseOfInvestment | -2.46M | -4.30M | ||
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | ||
| PurchaseOfBusiness | 0.00 | 0.00 | ||
| CapitalExpenditureReported | -374.46M | -435.27M | -312.13M | -172.19M |
| OperatingCashFlow | 1.34B | 1.48B | 1.48B | 1.06B |
| CashFlowFromContinuingOperatingActivities | 1.34B | 1.48B | 1.48B | 1.06B |
| ChangeInWorkingCapital | -451.22M | -481.57M | -369.16M | -498.21M |
| ChangeInOtherWorkingCapital | 101.01M | 72.20M | -11.81M | 55.94M |
| ChangeInOtherCurrentLiabilities | -333.83M | -338.11M | -324.50M | -303.91M |
| ChangeInPayablesAndAccruedExpense | 36.60M | -83.11M | 56.56M | 124.75M |
| ChangeInAccruedExpense | 6.30M | -62.24M | 48.25M | 58.60M |
| ChangeInPayable | 30.30M | -20.87M | 8.31M | 66.16M |
| ChangeInAccountPayable | 30.30M | -20.87M | 8.31M | 66.16M |
| ChangeInPrepaidAssets | -13.52M | 14.65M | -19.43M | -3.41M |
| ChangeInInventory | -226.08M | -138.69M | -104.23M | -331.00M |
| ChangeInReceivables | -15.39M | -8.52M | 34.26M | -40.57M |
| OtherNonCashItems | 310.64M | 332.75M | 301.91M | 276.23M |
| StockBasedCompensation | 42.79M | 48.25M | 43.04M | 47.26M |
| AssetImpairmentCharge | 0.00 | 0.00 | ||
| DeferredTax | -43.33M | 30.57M | 15.65M | -25.67M |
| DeferredIncomeTax | -43.33M | 30.57M | 15.65M | -25.67M |
| DepreciationAmortizationDepletion | 267.04M | 243.84M | 241.37M | 268.46M |
| DepreciationAndAmortization | 267.04M | 243.84M | 241.37M | 268.46M |
| OperatingGainsLosses | 11.57M | 11.42M | 6.69M | 5.36M |
| GainLossOnSaleOfPPE | 11.57M | 11.42M | 6.69M | 5.36M |
| NetIncomeFromContinuingOperations | 1.20B | 1.29B | 1.24B | 985.84M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for ULTA
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|