Ulta Beauty, Inc.
ULTA · NASDAQ
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 10.21B | 4.04B | 1.65B | 1.24B | 24.17 |
| 2023 FY | 11.21B | 4.38B | 1.69B | 1.29B | 26.18 |
| 2024 FY | 11.30B | 4.39B | 1.58B | 1.20B | 25.44 |
| 2025 FY | 12.39B | 4.85B | 1.55B | 1.15B | 25.72 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 5.37B | 3.41B | 737.88M | 1.90B | 1.96B |
| 2023 FY | 5.71B | 3.43B | 766.59M | 1.91B | 2.28B |
| 2024 FY | 6.00B | 3.51B | 703.20M | 1.92B | 2.49B |
| 2025 FY | 7.00B | 4.20B | 424.24M | 2.18B | 2.80B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 1.48B | -312.13M | 1.17B | — | 306.32M |
| 2023 FY | 1.48B | -435.27M | 1.04B | — | 28.72M |
| 2024 FY | 1.34B | -374.46M | 964.15M | — | -63.39M |
| 2025 FY | 1.50B | -434.83M | 1.07B | — | -278.96M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 26.42B | 27.58B | — | — | — |
| 2023 FY | 24.75B | 25.90B | — | — | — |
| 2024 FY | 19.46B | 20.68B | — | — | — |
| 2025 FY | 29.03B | 30.79B | — | — | — |
| 2026-01-31 | — | — | — | — | — |
| 2027-01-31 | — | — | — | — | — |
| 2028-01-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 2.79B | 1.09B | 349.96M | 260.88M | 5.80 |
| 2025 Q3 | 2.86B | 1.16B | 314.75M | 230.88M | 5.16 |
| 2025 Q4 | 3.90B | 1.48B | 480.50M | 356.68M | 8.04 |
| 2026 Q1 | 3.16B | 1.27B | 448.26M | 340.47M | 7.78 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 6.63B | 4.03B | 242.75M | 2.29B | 2.60B |
| 2025 Q3 | 7.01B | 4.38B | 204.92M | 2.57B | 2.63B |
| 2025 Q4 | 7.00B | 4.20B | 424.24M | 2.18B | 2.80B |
| 2026 Q1 | 6.90B | 4.31B | 166.30M | 2.30B | 2.58B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 96.52M | -76.96M | 19.57M | — | -211.88M |
| 2025 Q3 | 4.88M | -87.27M | -82.40M | — | -37.82M |
| 2025 Q4 | 1.19B | -278.84M | 907.40M | — | 181.50M |
| 2026 Q1 | 261.89M | -58.28M | 203.62M | — | -257.94M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 22.83B | 24.87B | — | — | — |
| 2025 Q3 | 23.25B | 25.62B | — | — | — |
| 2025 Q4 | 29.03B | 30.79B | — | — | — |
| 2026 Q1 | 23.29B | 25.43B | — | — | — |
| 2025-07-31 | — | — | — | — | — |
| 2025-10-31 | — | — | — | — | — |
| 2026-01-31 | — | — | — | — | — |