673.39 USD
+7.82 (+1.17%)
At close: Feb 3, 2026
674 USD
+0.61 (+0.09%)
After Hours: 2/3/2026, 7:51:31 PM
Overall ULTA gets a fundamental rating of 6 out of 10. We evaluated ULTA against 121 industry peers in the Specialty Retail industry. ULTA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ULTA has a decent growth rate and is not valued too expensively.
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.
- Each year in the past 5 years ULTA has been profitable.
- Each year in the past 5 years ULTA had a positive operating cash flow.
1.2 Ratios
- ULTA's Return On Assets of 16.97% is amongst the best of the industry. ULTA outperforms 95.04% of its industry peers.
- ULTA has a Return On Equity of 45.20%. This is amongst the best in the industry. ULTA outperforms 94.21% of its industry peers.
- ULTA has a better Return On Invested Capital (23.80%) than 94.21% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital 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.
- Looking at the Operating Margin, with a value of 13.12%, ULTA belongs to the top 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 has a Gross Margin of 39.19%. This is comparable 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.
- ULTA has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ULTA has less shares outstanding
- 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
- An Altman-Z score of 7.00 indicates that ULTA is not in any danger for bankruptcy at the moment.
- ULTA's Altman-Z score of 7.00 is amongst the best of the industry. ULTA outperforms 95.04% of its industry peers.
- 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.
- ULTA's Debt to FCF ratio of 0.53 is amongst the best of the industry. ULTA outperforms 83.47% of its industry peers.
- ULTA has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.21, ULTA is doing good in the industry, outperforming 61.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 7 |
ROIC/WACC2.43
WACC9.8%
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.
- ULTA has a worse Quick ratio (0.25) than 84.30% of its industry peers.
- 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
- The Earnings Per Share has been growing slightly by 4.48% over the past year.
- The Earnings Per Share has been growing by 15.85% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 5.45% in the past 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
- The Earnings Per Share is expected to grow by 9.24% on average over the next years. This is quite good.
- The Revenue is expected to grow by 6.37% on average over the next years.
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
- With a Price/Earnings ratio of 25.79, ULTA can be considered very expensive at the moment.
- ULTA's Price/Earnings ratio is a bit cheaper when compared to the industry. ULTA is cheaper than 67.77% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.18. ULTA is around the same levels.
- Based on the Price/Forward Earnings ratio of 23.35, the valuation of ULTA can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as ULTA.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.51, ULTA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.79 | ||
| Fwd PE | 23.35 |
4.2 Price Multiples
- ULTA's Enterprise Value to EBITDA is on the same level as the industry average.
- 61.98% of the companies in the same industry are more expensive than ULTA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.99 | ||
| EV/EBITDA | 15.92 |
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)9.01
PEG (5Y)1.63
EPS Next 2Y6.63%
EPS Next 3Y7.49%
5. Dividend
5.1 Amount
- ULTA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
673.39
+7.82 (+1.17%)
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 Cap30.19B
Revenue(TTM)11.98B
Net Income(TTM)1.19B
Analysts76.36
Price Target650.65 (-3.38%)
Short Float %N/A
Short RatioN/A
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 | 25.79 | ||
| Fwd PE | 23.35 | ||
| P/S | 2.52 | ||
| P/FCF | 28.99 | ||
| P/OCF | 22.22 | ||
| P/B | 11.47 | ||
| P/tB | 13.51 | ||
| EV/EBITDA | 15.92 |
EPS(TTM)26.11
EY3.88%
EPS(NY)28.84
Fwd EY4.28%
FCF(TTM)23.23
FCFY3.45%
OCF(TTM)30.3
OCFY4.5%
SpS267.22
BVpS58.72
TBVpS49.83
PEG (NY)9.01
PEG (5Y)1.63
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 |
F-Score6
WACC9.8%
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%.