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Friday 6 November 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.

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Ulta Beauty Inc. (ULTA) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Ulta Beauty Inc. (ULTA) trades at a price to free cash flow of 24.2×. Over the past ten years it has ranged from 9.3× (March 2020) to 185× (December 2015); the current reading is higher than 44% of that period. That is above the Specialty Retail industry median of 12.8× and above the Consumer Cyclical sector median of 12.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 27.9× 38.49%
FY2025 20.2× (15.13%)
FY2024 23.8× 5.29%
FY2023 22.6× 1.09%
FY2022 22.3× (7.50%)
FY2021 24.2× 25.11%
FY2020 19.3× (29.67%)
FY2019 27.4× (32.02%)
FY2018 40.4× (38.12%)
FY2017 65.2× (56.66%)

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 19.2× (7.92%)
Apr 2026 20.8× (25.52%)
Jan 2026 27.9× 25.17%
Oct 2025 22.3× (8.18%)
43 more quarters

Against its own ten years

Low 9.3× High 185×
Ten-year median 25.5×
Current reading's percentile 44

Price to free cash flow against peers

Company Price to free cash flow
BBY Best Buy Co., Inc. compare 11.9×
MUSA Murphy USA Inc. compare 14.0×
FIVE Five Below, Inc. compare 22.3×
WSM Williams-Sonoma, Inc. compare 22.7×
ULTA Ulta Beauty Inc. 24.2×
TSCO Tractor Supply Company compare 30.9×
CASY Casey's General Stores, Inc. compare 37.7×
DKS DICK'S Sporting Goods, Inc. compare 52.5×
GME GameStop Corp. compare 56.8×
Specialty Retail industry median 12.8×
Consumer Cyclical sector median 12.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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