677.91 USD
-0.73 (-0.11%)
At close: Feb 5, 2026
676 USD
-1.91 (-0.28%)
After Hours: 2/5/2026, 5:20:01 PM
ULTA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 121 industry peers in the Specialty Retail industry. ULTA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ULTA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- ULTA had positive earnings in the past year.
- ULTA had a positive operating cash flow in the past year.
- In the past 5 years ULTA has always been profitable.
- Each year in the past 5 years ULTA had a positive operating cash flow.
1.2 Ratios
- ULTA has a better Return On Assets (16.97%) than 95.04% of its industry peers.
- ULTA's Return On Equity of 45.20% is amongst the best of the industry. ULTA outperforms 94.21% of its industry peers.
- ULTA has a Return On Invested Capital of 23.80%. This is amongst the best in the industry. ULTA outperforms 94.21% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ULTA is significantly above the industry average of 12.09%.
- The 3 year average ROIC (31.18%) for ULTA is well above the current ROIC(23.80%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.97% | ||
| ROE | 45.2% | ||
| ROIC | 23.8% |
ROA(3y)21.92%
ROA(5y)17.98%
ROE(3y)56.09%
ROE(5y)48.26%
ROIC(3y)31.18%
ROIC(5y)26.29%
1.3 Margins
- Looking at the Profit Margin, with a value of 9.93%, ULTA belongs to the top of the industry, outperforming 89.26% of the companies in the same industry.
- In the last couple of years the Profit Margin of ULTA has grown nicely.
- With an excellent Operating Margin value of 13.12%, ULTA belongs to the best of the industry, outperforming 88.43% of the companies in the same industry.
- In the last couple of years the Operating Margin of ULTA has grown nicely.
- ULTA's Gross Margin of 39.19% is in line compared to the rest of the industry. ULTA outperforms 58.68% of its industry peers.
- In the last couple of years the Gross Margin of ULTA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.12% | ||
| PM (TTM) | 9.93% | ||
| GM | 39.19% |
OM growth 3Y-2.67%
OM growth 5Y2.61%
PM growth 3Y-2.36%
PM growth 5Y2.19%
GM growth 3Y-0.17%
GM growth 5Y1.4%
2. Health
2.1 Basic Checks
- ULTA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for ULTA has been reduced compared to 1 year ago.
- ULTA has less shares outstanding than it did 5 years ago.
- There is no outstanding debt for ULTA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- ULTA has an Altman-Z score of 7.08. This indicates that ULTA is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 7.08, ULTA belongs to the top of the industry, outperforming 95.04% of the companies in the same industry.
- The Debt to FCF ratio of ULTA is 0.53, which is an excellent value as it means it would take ULTA, only 0.53 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.53, ULTA belongs to the top of the industry, outperforming 83.47% of the companies in the same industry.
- A Debt/Equity ratio of 0.21 indicates that ULTA is not too dependend on debt financing.
- ULTA has a better Debt to Equity ratio (0.21) than 61.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 7.08 |
ROIC/WACC2.43
WACC9.81%
2.3 Liquidity
- ULTA has a Current Ratio of 1.33. This is a normal value and indicates that ULTA is financially healthy and should not expect problems in meeting its short term obligations.
- ULTA has a Current ratio (1.33) which is in line with its industry peers.
- A Quick Ratio of 0.25 indicates that ULTA may have some problems paying its short term obligations.
- With a Quick ratio value of 0.25, ULTA is not doing good in the industry: 84.30% of the companies in the same industry are doing better.
- ULTA does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
- ULTA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.48%.
- Measured over the past years, ULTA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.85% on average per year.
- Looking at the last year, ULTA shows a small growth in Revenue. The Revenue has grown by 5.45% in the last year.
- Measured over the past years, ULTA shows a quite strong growth in Revenue. The Revenue has been growing by 8.83% on average per year.
EPS 1Y (TTM)4.48%
EPS 3Y12.16%
EPS 5Y15.85%
EPS Q2Q%0%
Revenue 1Y (TTM)5.45%
Revenue growth 3Y9.38%
Revenue growth 5Y8.83%
Sales Q2Q%12.95%
3.2 Future
- ULTA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.24% yearly.
- Based on estimates for the next years, ULTA will show a small growth in Revenue. The Revenue will grow by 6.37% on average per year.
EPS Next Y2.86%
EPS Next 2Y6.63%
EPS Next 3Y7.49%
EPS Next 5Y9.24%
Revenue Next Year9.27%
Revenue Next 2Y7.58%
Revenue Next 3Y6.71%
Revenue Next 5Y6.37%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 25.96, which means the current valuation is very expensive for ULTA.
- Based on the Price/Earnings ratio, ULTA is valued a bit cheaper than the industry average as 66.12% of the companies are valued more expensively.
- ULTA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
- ULTA is valuated rather expensively with a Price/Forward Earnings ratio of 23.50.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ULTA is on the same level as its industry peers.
- ULTA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.96 | ||
| Fwd PE | 23.5 |
4.2 Price Multiples
- ULTA's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, ULTA is valued a bit cheaper than the industry average as 61.98% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.18 | ||
| EV/EBITDA | 16.24 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- ULTA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.07
PEG (5Y)1.64
EPS Next 2Y6.63%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
- No dividends for ULTA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
677.91
-0.73 (-0.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)12-04 2025-12-04/amc
Earnings (Next)05-27 2026-05-27
Inst Owners101.8%
Inst Owner Change-1.67%
Ins Owners0.14%
Ins Owner Change0.81%
Market Cap30.40B
Revenue(TTM)11.98B
Net Income(TTM)1.19B
Analysts76.36
Price Target650.65 (-4.02%)
Short Float %4.9%
Short Ratio3.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.22%
Min EPS beat(2)8.65%
Max EPS beat(2)11.78%
EPS beat(4)4
Avg EPS beat(4)12.61%
Min EPS beat(4)8.65%
Max EPS beat(4)16.52%
EPS beat(8)7
Avg EPS beat(8)7.92%
EPS beat(12)10
Avg EPS beat(12)6.51%
EPS beat(16)14
Avg EPS beat(16)10.63%
Revenue beat(2)2
Avg Revenue beat(2)2.84%
Min Revenue beat(2)2.18%
Max Revenue beat(2)3.5%
Revenue beat(4)2
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)3.5%
Revenue beat(8)2
Avg Revenue beat(8)-0.44%
Revenue beat(12)3
Avg Revenue beat(12)-0.23%
Revenue beat(16)6
Avg Revenue beat(16)0.67%
PT rev (1m)2.27%
PT rev (3m)10.16%
EPS NQ rev (1m)2.05%
EPS NQ rev (3m)5.91%
EPS NY rev (1m)0.57%
EPS NY rev (3m)3.96%
Revenue NQ rev (1m)0.47%
Revenue NQ rev (3m)2.11%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.96 | ||
| Fwd PE | 23.5 | ||
| P/S | 2.54 | ||
| P/FCF | 29.18 | ||
| P/OCF | 22.37 | ||
| P/B | 11.54 | ||
| P/tB | 13.6 | ||
| EV/EBITDA | 16.24 |
EPS(TTM)26.11
EY3.85%
EPS(NY)28.84
Fwd EY4.25%
FCF(TTM)23.23
FCFY3.43%
OCF(TTM)30.3
OCFY4.47%
SpS267.22
BVpS58.72
TBVpS49.83
PEG (NY)9.07
PEG (5Y)1.64
Graham Number185.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.97% | ||
| ROE | 45.2% | ||
| ROCE | 35.15% | ||
| ROIC | 23.8% | ||
| ROICexc | 24.81% | ||
| ROICexgc | 27.05% | ||
| OM | 13.12% | ||
| PM (TTM) | 9.93% | ||
| GM | 39.19% | ||
| FCFM | 8.69% |
ROA(3y)21.92%
ROA(5y)17.98%
ROE(3y)56.09%
ROE(5y)48.26%
ROIC(3y)31.18%
ROIC(5y)26.29%
ROICexc(3y)36.11%
ROICexc(5y)30.76%
ROICexgc(3y)36.24%
ROICexgc(5y)30.87%
ROCE(3y)40.98%
ROCE(5y)34.55%
ROICexgc growth 3Y-1.69%
ROICexgc growth 5Y9.71%
ROICexc growth 3Y-1.64%
ROICexc growth 5Y9.74%
OM growth 3Y-2.67%
OM growth 5Y2.61%
PM growth 3Y-2.36%
PM growth 5Y2.19%
GM growth 3Y-0.17%
GM growth 5Y1.4%
F-Score6
Asset Turnover1.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.53 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 109.77% | ||
| Cap/Sales | 2.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73% | ||
| Profit Quality | 87.52% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 7.08 |
F-Score6
WACC9.81%
ROIC/WACC2.43
Cap/Depr(3y)149.34%
Cap/Depr(5y)112.63%
Cap/Sales(3y)3.42%
Cap/Sales(5y)2.94%
Profit Quality(3y)85.03%
Profit Quality(5y)143.84%
High Growth Momentum
Growth
EPS 1Y (TTM)4.48%
EPS 3Y12.16%
EPS 5Y15.85%
EPS Q2Q%0%
EPS Next Y2.86%
EPS Next 2Y6.63%
EPS Next 3Y7.49%
EPS Next 5Y9.24%
Revenue 1Y (TTM)5.45%
Revenue growth 3Y9.38%
Revenue growth 5Y8.83%
Sales Q2Q%12.95%
Revenue Next Year9.27%
Revenue Next 2Y7.58%
Revenue Next 3Y6.71%
Revenue Next 5Y6.37%
EBIT growth 1Y0.42%
EBIT growth 3Y6.46%
EBIT growth 5Y11.68%
EBIT Next Year23.05%
EBIT Next 3Y11.25%
EBIT Next 5Y9.08%
FCF growth 1Y22.91%
FCF growth 3Y2.82%
FCF growth 5Y3.73%
OCF growth 1Y7.28%
OCF growth 3Y8.11%
OCF growth 5Y3.98%
ULTA BEAUTY INC / ULTA FAQ
Can you provide the ChartMill fundamental rating for ULTA BEAUTY INC?
ChartMill assigns a fundamental rating of 6 / 10 to ULTA.
Can you provide the valuation status for ULTA BEAUTY INC?
ChartMill assigns a valuation rating of 4 / 10 to ULTA BEAUTY INC (ULTA). This can be considered as Fairly Valued.
Can you provide the profitability details for ULTA BEAUTY INC?
ULTA BEAUTY INC (ULTA) has a profitability rating of 9 / 10.
Can you provide the expected EPS growth for ULTA stock?
The Earnings per Share (EPS) of ULTA BEAUTY INC (ULTA) is expected to grow by 2.86% in the next year.
How sustainable is the dividend of ULTA BEAUTY INC (ULTA) stock?
The dividend rating of ULTA BEAUTY INC (ULTA) is 0 / 10 and the dividend payout ratio is 0%.