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.
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Ulta Beauty Inc. (ULTA) P/B ratio
As of 16 October 2026, Ulta Beauty Inc. (ULTA) trades at a P/B ratio of 9.6×. Over the past ten years it has ranged from 3.9× (March 2020) to 15.3× (April 2022); the current reading is higher than 58% of that period. That is above the Specialty Retail industry median of 1.9× and above the Consumer Cyclical sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2026 | 10.6× | 36.16% |
| FY2025 | 7.8× | (28.00%) |
| FY2024 | 10.9× | (19.44%) |
| FY2023 | 13.5× | 4.44% |
| FY2022 | 12.9× | 62.29% |
| FY2021 | 8.0× | (2.38%) |
| FY2020 | 8.1× | (15.14%) |
| FY2019 | 9.6× | 24.59% |
| FY2018 | 7.7× | (29.83%) |
| FY2017 | 11.0× | 38.32% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jul 2026 | 8.3× | (8.61%) |
| Apr 2026 | 9.1× | (14.36%) |
| Jan 2026 | 10.6× | 20.54% |
| Oct 2025 | 8.8× | (0.67%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| GME GameStop Corp. compare | 2.0× |
| DKS DICK'S Sporting Goods, Inc. compare | 2.2× |
| FIVE Five Below, Inc. compare | 5.0× |
| BBY Best Buy Co., Inc. compare | 6.1× |
| CASY Casey's General Stores, Inc. compare | 6.2× |
| TSCO Tractor Supply Company compare | 6.6× |
| ULTA Ulta Beauty Inc. | 9.6× |
| MUSA Murphy USA Inc. compare | 12.9× |
| WSM Williams-Sonoma, Inc. compare | 13.8× |
| Specialty Retail industry median | 1.9× |
| Consumer Cyclical sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ULTA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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