Ulta Beauty, Inc.

Retail-Retail Stores, NEC·BOLINGBROOK, IL·FY end 01/31·CIK 1403568

Financials

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$12.4B	$11.3B	$11.2B	$10.2B	$8.6B
Gross Profit	$4.8B	$4.4B	$4.4B	$4.0B	$3.4B
Operating Income	$1.5B	$1.6B	$1.7B	$1.6B	$1.3B
Net Income	$1.2B	$1.2B	$1.3B	$1.2B	$985.8M
Operating CF	$1.5B	$1.3B	$1.5B	$1.5B	$1.1B
Capex	$434.8M	$374.5M	$435.3M	$312.1M	$172.2M
Free Cash Flow	$1.1B	$964.1M	$1.0B	$1.2B	$887.1M
Buybacks	$901.4M	$1.0B	$995.7M	$900.0M	$1.5B
Dividends	—	—	—	—	—	—

Gross Margin	39.1%	38.8%	39.1%	39.6%	39.0%
Operating Margin	12.4%	13.9%	15.0%	16.1%	15.0%
Net Margin	9.3%	10.6%	11.5%	12.2%	11.4%
FCF Margin	8.6%	8.5%	9.3%	11.5%	10.3%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	—	24.0%	23.9%	24.4%	23.9%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	84.4%	104.1%	95.7%	76.9%	171.6%

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