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) Operating margin

Ulta Beauty Inc.'s operating margin over the twelve months to 31 July 2026 was 12.5%, up 0.1 percentage points from fiscal 2026 (12.4%). Over the past ten years it has ranged from 3.85% (fiscal 2021) to 16.1% (fiscal 2023); the current reading is higher than 25% of that period. That is above the Specialty Retail industry median of 3.66% and above the Consumer Cyclical sector median of 3.34%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 12.4% (1.48)
FY2025 13.9% (1.12)
FY2024 15.0% (1.08)
FY2023 16.1% 1.02
FY2022 15.0% 11.18
FY2021 3.85% (8.33)
FY2020 12.2% (0.54)
FY2019 12.7% (0.63)
FY2018 13.4% (0.14)
FY2017 13.5% 0.59

Quarterly

Period Operating margin Change (points)
Jul 2026 12.5% (1.66)
Apr 2026 14.2% 1.94
Jan 2026 12.2% 1.40
Oct 2025 10.8% (1.54)
43 more quarters

Against its own ten years

Low 3.85% High 16.1%
Ten-year median 13.1%
Current reading's percentile 25

Operating margin against peers

Company Operating margin
WSM Williams-Sonoma, Inc. compare 19.2%
FIVE Five Below, Inc. compare 14.8%
GME GameStop Corp. compare 13.5%
ULTA Ulta Beauty Inc. 12.5%
TSCO Tractor Supply Company compare 8.51%
CASY Casey's General Stores, Inc. compare 5.88%
DKS DICK'S Sporting Goods, Inc. compare 5.53%
MUSA Murphy USA Inc. compare 4.29%
BBY Best Buy Co., Inc. compare 4.05%
Specialty Retail industry median 3.66%
Consumer Cyclical sector median 3.34%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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