Overview Dividends

(ULTA) Ulta Beauty - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US90384S3031

Cosmetics, Skincare, Fragrance, Haircare, Beauty Tools

Other Specialty Retail
Market Cap in USD: 26,808m
IPO / Inception: 2007-10-25
Return 12m vs S&P 500: 17.2%

EPS (Earnings per Share)

EPS (Earnings per Share) of ULTA over the last years for every Quarter: "2020-10": 1.64, "2021-01": 3.41, "2021-04": 4.1, "2021-07": 4.56, "2021-10": 3.94, "2022-01": 5.41, "2022-04": 6.3, "2022-07": 5.7, "2022-10": 5.34, "2023-01": 6.68, "2023-04": 6.88, "2023-07": 6.02, "2023-10": 5.07, "2024-01": 8.08, "2024-04": 6.47, "2024-07": 5.3, "2024-10": 5.14, "2025-01": 8.46, "2025-04": 6.7, "2025-07": 5.78, "2025-10": 5.14,
EPS CAGR: -1.36%
EPS Trend: 5.6%
Last SUE: 1.12
Qual. Beats: 5

Revenue

Revenue of ULTA over the last years for every Quarter: 2020-10: 1552.033, 2021-01: 2198.701, 2021-04: 1938.519, 2021-07: 1967.207, 2021-10: 1995.775, 2022-01: 2729.388, 2022-04: 2345.901, 2022-07: 2297.113, 2022-10: 2338.793, 2023-01: 3226.773, 2023-04: 2634.263, 2023-07: 2529.809, 2023-10: 2488.933, 2024-01: 3554.298, 2024-04: 2725.848, 2024-07: 2552.087, 2024-10: 2530.1, 2025-01: 3487.619, 2025-04: 2848.367, 2025-07: 2788.469, 2025-10: 2857.623,
Rev. CAGR: 1.23%
Rev. Trend: 40.5%
Last SUE: 3.05
Qual. Beats: 3

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 33.9%
Value at Risk 5%th 47.0%
Relative Tail Risk -15.77%
Reward TTM
Sharpe Ratio 0.95
Alpha 25.75
CAGR/Max DD 0.20
Character TTM
Hurst Exponent 0.333
Beta 0.877
Beta Downside 0.638
Drawdowns 3y
Max DD 44.56%
Mean DD 19.40%
Median DD 20.19%

Description: ULTA Ulta Beauty December 17, 2025

Ulta Beauty, Inc. (NASDAQ:ULTA) is a U.S.-based specialty beauty retailer operating stores, shop-in-shops, an e-commerce platform, and mobile apps across the United States, Mexico, and Kuwait. The company sells a mix of branded and private-label cosmetics, fragrance, hair-care, skin-care, bath-and-body, professional hair products, and salon styling tools, while also offering in-store services such as hair, makeup, brow, and skin treatments.

Key recent metrics: for FY 2024, Ulta reported comparable-store sales growth of 8.2% and a 12-month trailing gross margin of ~38%, reflecting strong demand for premium beauty products and services. The “beauty-as-a-service” model-driven by higher-margin salon offerings-contributes roughly 30% of total revenue, cushioning the business against pure product-price pressure. Macro-level, consumer discretionary spending remains sensitive to disposable-income trends and inflation, but the sector benefits from a long-term shift toward “self-care” and “look-good-feel-good” spending patterns.

For a deeper, data-driven view of Ulta’s valuation and risk profile, you might explore the analyst tools on ValueRay to see how these drivers stack up against peers.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (1.19b TTM) > 0 and > 6% of Revenue (6% = 718.9m TTM)
FCFTA 0.15 (>2.0%) and ΔFCFTA -1.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 6.95% (prev 10.02%; Δ -3.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.19 (>3.0%) and CFO 1.36b > Net Income 1.19b (YES >=105%, WARN >=100%)
Net Debt (2.37b) to EBITDA (1.87b) ratio: 1.27 <= 3.0 (WARN <= 3.5)
Current Ratio 1.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (44.9m) change vs 12m ago -4.67% (target <= -2.0% for YES)
Gross Margin 39.19% (prev 38.67%; Δ 0.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 184.8% (prev 190.7%; Δ -5.94pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 383.1 (EBITDA TTM 1.87b / Interest Expense TTM 4.12m) >= 6 (WARN >= 3)

Altman Z'' 3.53

(A) 0.12 = (Total Current Assets 3.37b - Total Current Liabilities 2.54b) / Total Assets 7.01b
(B) 0.22 = Retained Earnings (Balance) 1.58b / Total Assets 7.01b
(C) 0.24 = EBIT TTM 1.58b / Avg Total Assets 6.49b
(D) 0.36 = Book Value of Equity 1.58b / Total Liabilities 4.38b
Total Rating: 3.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.18

1. Piotroski 7.50pt
2. FCF Yield 3.57%
3. FCF Margin 8.69%
4. Debt/Equity 0.98
5. Debt/Ebitda 1.27
6. ROIC - WACC (= 35.98)%
7. RoE 46.87%
8. Rev. Trend 40.51%
9. EPS Trend 5.57%

What is the price of ULTA shares?

As of December 29, 2025, the stock is trading at USD 607.52 with a total of 349,035 shares traded.
Over the past week, the price has changed by +1.61%, over one month by +13.52%, over three months by +10.06% and over the past year by +36.15%.

Is ULTA a buy, sell or hold?

Ulta Beauty has received a consensus analysts rating of 3.68. Therefor, it is recommend to hold ULTA.
  • Strong Buy: 9
  • Buy: 4
  • Hold: 13
  • Sell: 1
  • Strong Sell: 1

What are the forecasts/targets for the ULTA price?

Issuer Target Up/Down from current
Wallstreet Target Price 618.2 1.8%
Analysts Target Price 618.2 1.8%
ValueRay Target Price 668.2 10%

ULTA Fundamental Data Overview December 23, 2025

Market Cap USD = 26.81b (26.81b USD * 1.0 USD.USD)
P/E Trailing = 22.9336
P/E Forward = 21.322
P/S = 2.2373
P/B = 10.0733
P/EG = 2.413
Beta = 0.866
Revenue TTM = 11.98b USD
EBIT TTM = 1.58b USD
EBITDA TTM = 1.87b USD
Long Term Debt = 2.02b USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 842.4m USD (from shortTermDebt, last quarter)
Debt = 2.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.37b USD (from netDebt column, last quarter)
Enterprise Value = 29.18b USD (26.81b + Debt 2.57b - CCE 204.9m)
Interest Coverage Ratio = 383.1 (Ebit TTM 1.58b / Interest Expense TTM 4.12m)
FCF Yield = 3.57% (FCF TTM 1.04b / Enterprise Value 29.18b)
FCF Margin = 8.69% (FCF TTM 1.04b / Revenue TTM 11.98b)
Net Margin = 9.93% (Net Income TTM 1.19b / Revenue TTM 11.98b)
Gross Margin = 39.19% ((Revenue TTM 11.98b - Cost of Revenue TTM 7.29b) / Revenue TTM)
Gross Margin QoQ = 40.44% (prev 39.15%)
Tobins Q-Ratio = 4.16 (Enterprise Value 29.18b / Total Assets 7.01b)
Interest Expense / Debt = 0.16% (Interest Expense 4.12m / Debt 2.57b)
Taxrate = 24.13% (73.4m / 304.3m)
NOPAT = 1.20b (EBIT 1.58b * (1 - 24.13%))
Current Ratio = 1.33 (Total Current Assets 3.37b / Total Current Liabilities 2.54b)
Debt / Equity = 0.98 (Debt 2.57b / totalStockholderEquity, last quarter 2.63b)
Debt / EBITDA = 1.27 (Net Debt 2.37b / EBITDA 1.87b)
Debt / FCF = 2.28 (Net Debt 2.37b / FCF TTM 1.04b)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.97% (Net Income 1.19b / Total Assets 7.01b)
RoE = 46.87% (Net Income TTM 1.19b / Total Stockholder Equity 2.54b)
RoCE = 34.62% (EBIT 1.58b / Capital Employed (Equity 2.54b + L.T.Debt 2.02b))
RoIC = 44.43% (NOPAT 1.20b / Invested Capital 2.70b)
WACC = 8.45% (E(26.81b)/V(29.38b) * Re(9.25%) + D(2.57b)/V(29.38b) * Rd(0.16%) * (1-Tc(0.24)))
Discount Rate = 9.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.50%
[DCF Debug] Terminal Value 74.27% ; FCFE base≈1.02b ; Y1≈1.04b ; Y5≈1.14b
Fair Price DCF = 366.2 (DCF Value 16.25b / Shares Outstanding 44.4m; 5y FCF grow 1.36% → 3.0% )
EPS Correlation: 5.57 | EPS CAGR: -1.36% | SUE: 1.12 | # QB: 5
Revenue Correlation: 40.51 | Revenue CAGR: 1.23% | SUE: 3.05 | # QB: 3
EPS next Quarter (2026-04-30): EPS=7.24 | Chg30d=-0.040 | Revisions Net=-1 | Analysts=15
EPS next Year (2027-01-31): EPS=28.31 | Chg30d=+1.311 | Revisions Net=+18 | Growth EPS=+10.8% | Growth Revenue=+5.6%

Additional Sources for ULTA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle