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

648.00 12.70 −1.92%
Market cap
$27.8B
P/E
23.5×
Fwd P/E
22.1×
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 5 November 2026, Ulta Beauty Inc. (ULTA) trades at a P/E ratio of 23.5×. Over the past ten years it has ranged from 10.5× (March 2020) to 111× (March 2021); the current reading is higher than 46% of that period. That is above the Specialty Retail industry median of 19.3× and above the Consumer Cyclical sector median of 18.1×.

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 51

P/E ratio against peers

Company P/E ratio
GME GameStop Corp. compare 12.0×
MUSA Murphy USA Inc. compare 14.3×
DKS DICK'S Sporting Goods, Inc. compare 14.9×
BBY Best Buy Co., Inc. compare 16.4×
TSCO Tractor Supply Company compare 19.6×
FIVE Five Below, Inc. compare 21.6×
ULTA Ulta Beauty Inc. 23.5×
WSM Williams-Sonoma, Inc. compare 26.1×
CASY Casey's General Stores, Inc. compare 33.1×
Specialty Retail industry median 19.3×
Consumer Cyclical sector median 18.1×
Market median 17.9×

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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