Ulta Beauty, Inc. (ULTA) Stock Analysis

Company Overview

The market values Ulta Beauty, Inc. (ULTA) at $25.95B. It is classified in the Specialty Retail industry, within the Consumer Cyclical sector. The company reports 21,382 employees.

Over the past 52 weeks the price has ranged from $443.60 to $714.97. The most recent close on file for ULTA is $606.99, dated October 21, 2026. That is +$4.09 (+0.68%) against the previous close. The latest close sits 36.83% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $12.39B. That is +9.71% against the prior fiscal year, when revenue was $11.30B. Net income for the same year was $1.15B. That is −3.97% against the prior fiscal year. Profit margin runs at 9.34%. That is 6.2 percentage points above the Specialty Retail median of 3.19%. Earnings per share on a trailing basis come to 27.44.

Across the 4 fiscal years on file, revenue moves from $10.21B in 2022 to $12.39B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 22.12. That is 29.89% above the Specialty Retail median of 17.03. The forward P/E on file is 18.92. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.9. Measured against sales, the shares trade at 2 times revenue. On price-to-sales that is 3.4 times the Specialty Retail median of 0.59. The medians here are taken across 51 Specialty Retail companies that report the metric.

The trailing one-year total return is +15.41%. Measured over 10 years, that is +9.17% a year compounded. The reported beta is 0.84. Daily returns over the trailing 10 years annualize to a volatility of 38.47%.

Growth & Income

The record shows no dividend for ULTA.

2026 is still running; the total return is +0.33% year to date. Across the complete calendar years on file, 2021 returned +43.59% and 2017 returned −12.27%. Of the 9 complete calendar years on file, 7 finished higher.