Ulta Beauty, Inc. (ULTA) Stock Analysis

Company Overview

The market values Ulta Beauty, Inc. (ULTA) at $24.12B. 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 $564.12, dated September 4, 2026. That is +$7.01 (+1.26%) against the previous close. The latest close sits 27.17% 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 6.6 percentage points above the Specialty Retail median of 2.77%. Earnings per share on a trailing basis come to 27.47.

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 20.54. That is 22.01% above the Specialty Retail median of 16.84. The forward P/E on file is 17.61. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.91. Measured against sales, the shares trade at 1.86 times revenue. On price-to-sales that is 3.3 times the Specialty Retail median of 0.56. The medians here are taken across 54 Specialty Retail companies that report the metric.

The trailing one-year price return is +6.54%. Measured over 10 years, that is +8.63% a year compounded. The reported beta is 0.85. Daily returns over the trailing 10 years annualize to a volatility of 38.58%.

Growth & Income

The record shows no dividend for ULTA.

2026 is still running; the price is −6.76% 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.