Inside the research
Ulta Beauty, Inc.
ULTA Research profile · latest available data
Price overview
$545.20
▼ -3.58 (-0.7%)
| 52w hi | $706.82 |
|---|---|
| 52w lo | $450.75 |
| Vol | 313.70K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.05
| Short | -0.03 |
|---|---|
| Medium | -0.11 |
| Long | +0.05 |
computed 2026-09-27
Key fundamentals
Ulta Beauty, Inc.
Consumer Cyclical · Specialty Retail
| Market cap | $23.31B |
|---|---|
| Enterprise value | $25.62B |
| Trailing P/E | 19.84x |
| Forward P/E | 17.00x |
| EV / EBITDA | 13.25x |
| P / S (ttm) | 1.80x |
| Profit margin | 9.3% |
| Return on equity | 46.1% |
| Revenue growth | +8.9% |
| Earnings growth | +13.3% |
| Debt / equity | 95.47 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.29 | |
| Sector | -0.03 | |
| Technical | -0.06 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States, Mexico, and Kuwait. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications. It also provides wellness products. The company was formerly known as ULTA Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.
Risk Metrics
| Beta vs SPX | 0.84 |
|---|---|
| Corr SPX | 0.37 |
| Annual vol | 36.8% |
| Annual ret | +21.9% |
| Sharpe | 0.60 |
| Max DD | -36.2% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $681.50 |
|---|---|
| High / Low | $810.00 / $475.00 |
| Median | $705.00 |
| Analysts | 24 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 15 | |
| Hold | 7 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-20 | Jefferies | → Buy |
| 2026-04-14 | DA Davidson | → Buy |
| 2026-03-13 | Wells Fargo | → Underweight |
| 2026-03-13 | Telsey Advisory Group | → Outperform |
| 2026-03-13 | TD Cowen | → Buy |
| 2026-03-13 | Piper Sandler | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-14 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-06-09 | Officer / Director Change, Bylaws Amendment… | read |
| 2026-06-02 | Earnings Release, Exhibits | read |
| 2026-03-12 | Earnings Release, Exhibits | read |
| 2025-12-18 | Officer / Director Change, Exhibits | read |
| 2025-12-04 | Earnings Release, Exhibits | read |
| 2025-10-16 | Officer / Director Change, Other Material Event… | read |
| 2025-08-28 | Earnings Release, Exhibits | read |
| 2025-08-21 | Officer / Director Change, Other Material Event… | read |
| 2025-08-14 | Other Material Event, Exhibits | read |
| 2025-07-25 | Officer / Director Change | read |
| 2025-06-30 | Officer / Director Change, Other Material Event… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 99.2% |
| HHI | 3,293 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $913.06M | 2.02M |
| Citadel Advisors | $354.85M | 786.85K |
| Capital Research / Capital World | $274.04M | 607.64K |
| AQR Capital Management | $163.39M | 362.41K |
| Renaissance Technologies | $80.18M | 177.78K |
| Millennium Management | $14.46M | 32.06K |
| T. Rowe Price Group | $689.28K | 1.53M |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | — |
Annual dividend per share
| 2012 | $1.00 |
|---|
SEC Filings
The Long Run
FY 2011–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.21B | +18.6% | |
| Gross profit | $4.38B | +20.8% | |
| Operating income | $1.56B | +27.3% | |
| Net income | $1.15B | +40.7% | |
| Cash from ops | $1.48B | +23.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $550.74 | $553.04 | $541.32 | $545.20 | 313.70K |
| Sep 24 | $544.02 | $551.86 | $542.18 | $548.78 | 309.50K |
| Sep 23 | $563.10 | $563.10 | $543.21 | $543.81 | 328.80K |
| Sep 22 | $558.70 | $566.10 | $552.65 | $553.86 | 501.60K |
| Sep 21 | $545.27 | $561.47 | $544.43 | $557.86 | 512.40K |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →