Ulta Beauty Inc. ULTA

545.20 (3.58) (0.65%) as of 25 Sep
Market cap
$23.5B
P/E
19.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ulta Beauty Inc. (ULTA) EV/EBITDA

As of 25 September 2026, Ulta Beauty Inc. (ULTA) trades at a EV/EBITDA of 13.0×. Over the past ten years it has ranged from 7.4× (March 2020) to 38.2× (March 2021); the current reading is higher than 28% of that period. That is above the Specialty Retail industry median of 8.9× and above the Consumer Cyclical sector median of 9.4×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2026 16.9× 50.71%
FY2025 11.2× (16.36%)
FY2024 13.4× (8.51%)
FY2023 14.7× 8.21%
FY2022 13.6× (56.73%)
FY2021 31.3× 121.47%
FY2020 14.1× (6.02%)
FY2019 15.1× 17.73%
FY2018 12.8× (33.38%)
FY2017 19.2× 16.41%

Quarterly

Period EV/EBITDA Change
Jul 2026 12.3× (7.39%)
Apr 2026 13.3× (21.59%)
Jan 2026 16.9× 24.90%
Oct 2025 13.5× 1.64%
43 more quarters

Against its own ten years

Low 7.4× High 38.2×
Ten-year median 14.6×
Current reading's percentile 28

EV/EBITDA against peers

Company EV/EBITDA
BBY Best Buy Co., Inc. compare 6.7×
DKS DICK'S Sporting Goods, Inc. compare 7.7×
MUSA Murphy USA Inc. compare 9.5×
TSCO Tractor Supply Company compare 10.4×
FIVE Five Below, Inc. compare 11.3×
ULTA Ulta Beauty Inc. 13.0×
CASY Casey's General Stores, Inc. compare 15.4×
WSM Williams-Sonoma, Inc. compare 15.6×
GME GameStop Corp. compare 19.5×
Specialty Retail industry median 8.9×
Consumer Cyclical sector median 9.4×
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 →

More on ULTA