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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Ulta Beauty Inc. (ULTA) trades at a P/E ratio of 21.5×. Over the past ten years it has ranged from 10.5× (March 2020) to 111× (March 2021); the current reading is higher than 39% of that period. That is above the Specialty Retail industry median of 18.2× and above the Consumer Cyclical sector median of 17.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 25.9× 59.98%
FY2025 16.2× (15.65%)
FY2024 19.2× (9.85%)
FY2023 21.3× 5.99%
FY2022 20.1× (77.82%)
FY2021 90.5× 312.23%
FY2020 21.9× (17.17%)
FY2019 26.5× 7.70%
FY2018 24.6× (40.83%)
FY2017 41.6× 15.11%

Quarterly newest first

Period P/E ratio Change
Jul 2026 18.6× (7.25%)
Apr 2026 20.1× (22.44%)
Jan 2026 25.9× 30.26%
Oct 2025 19.9× 0.95%
43 more quarters

Against its own ten years

Low 10.5× High 111×
Ten-year median 25.4×
Current reading's percentile 43

P/E ratio against peers

Company P/E ratio
GME GameStop Corp. compare 13.4×
DKS DICK'S Sporting Goods, Inc. compare 15.2×
BBY Best Buy Co., Inc. compare 15.3×
MUSA Murphy USA Inc. compare 16.5×
TSCO Tractor Supply Company compare 17.3×
FIVE Five Below, Inc. compare 19.8×
ULTA Ulta Beauty Inc. 21.5×
WSM Williams-Sonoma, Inc. compare 25.3×
CASY Casey's General Stores, Inc. compare 33.0×
Specialty Retail industry median 18.2×
Consumer Cyclical sector median 17.3×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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