Earnings Per Share

Shares (Diluted)

Ulta Beauty, Inc. Shares (Diluted) decreased by 0.5% to 44.9M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from 47.1M to 44.9M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase indicates potential dilution from employee compensation or convertible instruments, which can reduce earnings per share.

Detailed definition

The weighted-average number of common shares outstanding plus the effect of all potentially dilutive securities, such as...

Peer comparison

Standard metric for all public companies; essential for understanding the impact of equity-based compensation.

Metric ID: weighted_shares_diluted

Historical Data

15 periods
 Q1 '21Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value56.2M55M54.7M52.6M51.9M51.4M50.5M49.8M49.2M48.4M47.7M47.1M45.5M45.1M44.9M
QoQ Change-2.1%-0.6%-3.8%-1.3%-0.9%-1.8%-1.2%-1.2%-1.7%-1.5%-1.2%-3.4%-0.9%-0.5%
YoY Change-6.4%-5.7%-5.9%-4.0%-4.0%-4.3%-4.1%-4.4%-4.3%-5.9%-5.4%-4.7%
Range44.9M56.2M
CAGR-6.2%
Avg YoY Growth-4.9%
Median YoY Growth-4.5%
Current Streak14+ quarters decline

Frequently Asked Questions

What is Ulta Beauty, Inc.'s shares (diluted)?
Ulta Beauty, Inc. (ULTA) reported shares (diluted) of 44.9M in Q3 2025.
How has Ulta Beauty, Inc.'s shares (diluted) changed year-over-year?
Ulta Beauty, Inc.'s shares (diluted) decreased by 4.7% year-over-year, from 47.1M to 44.9M.
What does shares (diluted) mean?
The average number of shares outstanding including all potential shares that could be created.