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

Ulta Beauty Inc. (ULTA) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Ulta Beauty Inc. (ULTA) trades at a EV/Sales of 2.0×. Over the past ten years it has ranged from 1.2× (March 2020) to 3.9× (August 2016); the current reading is higher than 24% of that period. That is above the Specialty Retail industry median of 0.6× and above the Consumer Cyclical sector median of 1.0×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2026 2.4× 39.42%
FY2025 1.7× (21.55%)
FY2024 2.2× (14.98%)
FY2023 2.6× 10.60%
FY2022 2.4× (8.34%)
FY2021 2.6× 12.99%
FY2020 2.3× (9.92%)
FY2019 2.5× 12.64%
FY2018 2.3× (34.06%)
FY2017 3.4× 21.25%

Quarterly newest first

Period EV/Sales Change
Jul 2026 1.8× (7.17%)
Apr 2026 1.9× (21.71%)
Jan 2026 2.4× 19.72%
Oct 2025 2.0× (1.10%)
43 more quarters

Against its own ten years

Low 1.2× High 3.9×
Ten-year median 2.4×
Current reading's percentile 26

EV/Sales against peers

Company EV/Sales
BBY Best Buy Co., Inc. compare 0.4×
MUSA Murphy USA Inc. compare 0.6×
DKS DICK'S Sporting Goods, Inc. compare 0.7×
TSCO Tractor Supply Company compare 1.3×
CASY Casey's General Stores, Inc. compare 1.5×
ULTA Ulta Beauty Inc. 2.0×
FIVE Five Below, Inc. compare 2.1×
GME GameStop Corp. compare 3.1×
WSM Williams-Sonoma, Inc. compare 3.6×
Specialty Retail industry median 0.6×
Consumer Cyclical sector median 1.0×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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