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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Ulta Beauty Inc. (ULTA) trades at a P/S ratio of 2.0×. Over the past ten years it has ranged from 1.0× (March 2020) to 4.0× (August 2016); the current reading is higher than 24% of that period. That is above the Specialty Retail industry median of 0.5× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2026 2.4× 39.81%
FY2025 1.7× (22.01%)
FY2024 2.2× (14.65%)
FY2023 2.6× 12.71%
FY2022 2.3× (11.18%)
FY2021 2.6× 23.41%
FY2020 2.1× (19.49%)
FY2019 2.6× 11.99%
FY2018 2.3× (33.74%)
FY2017 3.5× 19.16%

Quarterly newest first

Period P/S ratio Change
Jul 2026 1.7× (8.18%)
Apr 2026 1.9× (23.11%)
Jan 2026 2.4× 24.09%
Oct 2025 1.9× (2.30%)
43 more quarters

Against its own ten years

Low 1.0× High 4.0×
Ten-year median 2.4×
Current reading's percentile 27

P/S ratio against peers

Company P/S ratio
BBY Best Buy Co., Inc. compare 0.5×
MUSA Murphy USA Inc. compare 0.5×
DKS DICK'S Sporting Goods, Inc. compare 0.6×
TSCO Tractor Supply Company compare 1.1×
CASY Casey's General Stores, Inc. compare 1.4×
ULTA Ulta Beauty Inc. 2.0×
FIVE Five Below, Inc. compare 2.3×
GME GameStop Corp. compare 3.4×
WSM Williams-Sonoma, Inc. compare 3.7×
Specialty Retail industry median 0.5×
Consumer Cyclical sector median 0.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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