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.
- Revenue
- +8.87%
- EPS
- +13.3%
- Free cash flow
- +96.5%
- Total debt
- +17.5%
Quarter to July 2026, against a year earlier
Follow ULTA
Alert me
Ulta Beauty Inc. (ULTA) Gross margin
Ulta Beauty Inc.'s gross margin over the twelve months to 31 July 2026 was 39.3%, up 0.2 percentage points from fiscal 2026 (39.1%). Over the past ten years it has ranged from 31.7% (fiscal 2021) to 39.6% (fiscal 2023); the current reading is higher than 92% of that period. That is above the Specialty Retail industry median of 36.0% and above the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 39.1% | 0.26 |
| FY2025 | 38.8% | (0.25) |
| FY2024 | 39.1% | (0.53) |
| FY2023 | 39.6% | 0.59 |
| FY2022 | 39.0% | 7.35 |
| FY2021 | 31.7% | (4.56) |
| FY2020 | 36.2% | 0.37 |
| FY2019 | 35.9% | 0.24 |
| FY2018 | 35.6% | (0.36) |
| FY2017 | 36.0% | 0.71 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 39.1% | (0.97) |
| Apr 2026 | 40.1% | 2.01 |
| Jan 2026 | 38.1% | (2.38) |
| Oct 2025 | 40.4% | 1.29 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| WSM Williams-Sonoma, Inc. compare | 47.2% |
| FIVE Five Below, Inc. compare | 40.3% |
| ULTA Ulta Beauty Inc. | 39.3% |
| GME GameStop Corp. compare | 37.9% |
| TSCO Tractor Supply Company compare | 36.3% |
| DKS DICK'S Sporting Goods, Inc. compare | 32.1% |
| CASY Casey's General Stores, Inc. compare | 23.8% |
| BBY Best Buy Co., Inc. compare | 22.7% |
| MUSA Murphy USA Inc. compare | 11.7% |
| Specialty Retail industry median | 36.0% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ULTA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement