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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) Net margin

Alert me on Net margin

Ulta Beauty Inc.'s net margin over the twelve months to 31 July 2026 was 9.34%, up 0.0 percentage points from fiscal 2026 (9.31%). Over the past ten years it has ranged from 2.86% (fiscal 2021) to 12.2% (fiscal 2023); the current reading is higher than 42% of that period. That is above the Specialty Retail industry median of 1.42% and above the Consumer Cyclical sector median of 1.67%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 9.31% (1.32)
FY2025 10.6% (0.89)
FY2024 11.5% (0.65)
FY2023 12.2% 0.75
FY2022 11.4% 8.56
FY2021 2.86% (6.68)
FY2020 9.54% (0.26)
FY2019 9.80% 0.36
FY2018 9.44% 1.00
FY2017 8.44% 0.29

Quarterly newest first

Period Net margin Change (points)
Jul 2026 9.29% (1.47)
Apr 2026 10.8% 1.61
Jan 2026 9.15% 1.07
Oct 2025 8.08% (1.28)
43 more quarters

Against its own ten years

Low 2.86% High 12.2%
Ten-year median 9.49%
Current reading's percentile 35

Net margin against peers

Company Net margin
GME GameStop Corp. compare 25.2%
WSM Williams-Sonoma, Inc. compare 14.7%
FIVE Five Below, Inc. compare 11.7%
ULTA Ulta Beauty Inc. 9.34%
TSCO Tractor Supply Company compare 6.42%
CASY Casey's General Stores, Inc. compare 4.14%
DKS DICK'S Sporting Goods, Inc. compare 3.97%
BBY Best Buy Co., Inc. compare 3.01%
MUSA Murphy USA Inc. compare 2.87%
Specialty Retail industry median 1.42%
Consumer Cyclical sector median 1.67%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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