Non-Current Liabilities
Operating Lease Liabilities
Ulta Beauty, Inc. Operating Lease Liabilities increased by 4.7% to $1.81B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $1.64B to $1.81B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 2.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.61B | $1.59B | $1.57B | $1.57B | $1.57B | $1.58B | $1.62B | $1.62B | $1.61B | $1.59B | $1.62B | $1.63B | $1.61B | $1.65B | $1.66B | $1.64B | $1.69B | $1.72B | $1.73B | $1.81B |
| QoQ Change | — | -1.7% | -1.2% | +0.4% | -0.3% | +0.9% | +2.5% | -0.1% | -0.6% | -1.1% | +1.5% | +0.7% | -1.2% | +2.5% | +0.5% | -1.3% | +3.3% | +1.6% | +0.9% | +4.7% |
| YoY Change | — | — | — | — | -2.8% | -0.2% | +3.5% | +3.0% | +2.7% | +0.7% | -0.3% | +0.5% | -0.1% | +3.4% | +2.4% | +0.5% | +5.1% | +4.2% | +4.6% | +10.9% |
Range$1.57B – $1.81B
CAGR+2.5%
Avg YoY Growth+2.4%
Median YoY Growth+2.6%
Current Streak4 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Ulta Beauty, Inc.'s operating lease liabilities?
- Ulta Beauty, Inc. (ULTA) reported operating lease liabilities of $1.81B in Q4 2025.
- How has Ulta Beauty, Inc.'s operating lease liabilities changed year-over-year?
- Ulta Beauty, Inc.'s operating lease liabilities increased by 10.9% year-over-year, from $1.64B to $1.81B.
- What is the long-term trend for Ulta Beauty, Inc.'s operating lease liabilities?
- Over 5 years (2020 to 2025), Ulta Beauty, Inc.'s operating lease liabilities has grown at a 2.0% compound annual growth rate (CAGR), from $1.64B to $1.81B.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.