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Saturday 17 October 2026 Export ULTA’s income statement to Excel — free account

Ulta Beauty Inc.

ULTA Consumer Cyclical Specialty Retail

Ulta Beauty Inc.’s revenue for fiscal 2026 (year ended January 2026) was $12.4 billion, up 9.71% from fiscal 2025. In the quarter to July 2026, revenue grew 8.87%, EPS grew 13.3%, free cash flow grew 96.5% and total debt rose 17.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.

592.94 16.30 −2.68%
Market cap
$26.1B
P/E
21.5×
Fwd P/E
16.2×
Dividend yield
—
F-score
6/9
Altman Z
7.15
Beneish M
−2.39
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Ulta Beauty Inc. (ULTA) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Ulta Beauty Inc. (ULTA) trades at a EV/EBITDA of 13.6×. Over the past ten years it has ranged from 7.4× (March 2020) to 36.6× (March 2021); the current reading is higher than 42% of that period. That is above the Specialty Retail industry median of 8.5× and above the Consumer Cyclical sector median of 9.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 16.5× 52.81%
FY2025 10.8× (17.05%)
FY2024 13.0× (8.69%)
FY2023 14.2× 8.96%
FY2022 13.1× (56.10%)
FY2021 29.8× 110.33%
FY2020 14.1× (6.02%)
FY2019 15.1× 17.73%
FY2018 12.8× (33.38%)
FY2017 19.2× 16.41%

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 11.9× (7.56%)
Apr 2026 12.8× (22.09%)
Jan 2026 16.5× 25.68%
Oct 2025 13.1× 1.70%
43 more quarters

Against its own ten years

Low 7.4× High 36.6×
Ten-year median 14.3×
Current reading's percentile 42

EV/EBITDA against peers

Company EV/EBITDA
BBY Best Buy Co., Inc. compare 6.9×
DKS DICK'S Sporting Goods, Inc. compare 7.7×
MUSA Murphy USA Inc. compare 10.0×
TSCO Tractor Supply Company compare 10.7×
FIVE Five Below, Inc. compare 11.3×
ULTA Ulta Beauty Inc. 13.6×
WSM Williams-Sonoma, Inc. compare 16.4×
CASY Casey's General Stores, Inc. compare 17.6×
GME GameStop Corp. compare 22.6×
Specialty Retail industry median 8.5×
Consumer Cyclical sector median 9.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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