Income StatementBalance SheetCash FlowSegments
Ulta Beauty, Inc. logo

Ulta Beauty, Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Ulta Beauty, Inc. holds $6.9B in total assets. Shareholders' equity is $2.6B against $2.4B in total debt. Cash and equivalents total $166.3M. The current ratio is 1.31 and debt-to-equity is 0.948. Based on the Q2 2026 filing.

Total Assets$6.9BTotal Stockholders Equity$2.6BCash And Equivalents$166.3MTotal Current Assets$3.0BTotal Current Liabilities$2.3B
Latest FilingQ2 2026
Report Date2026-06-02
Market Cap$22.2B
P/E Ratio18.64
ROE47.45%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$563.8M$537.5M$708.7M$759.0M$685.9M$713.8M
Accrued expenses$380.2M$347.0M$460.2M$473.9M$551.4M$462.1M
Other Commercial Liabilities$380.2M$347.0M$460.2M$473.9M$551.4M$462.1M
Accrued Income Taxes, Current$46.8M$130.8M——$35.7M$132.6M
Accrued Liabilities, Current$380.2M$347.0M$460.2M$473.9M$551.4M$462.1M
Current portion of long-term debt——$289.1M$551.7M$62.3M$144.9M
Deferred revenue$500.6M$462.8M$460.2M$463.0M$582.4M$541.2M
Operating lease liabilities, current$288.1M$285.8M$282.6M$290.7M$306.7M$309.6M
Short-term borrowings——$289.1M$551.7M$62.3M$144.9M
Total current liabilities$1.8B$1.8B$2.2B$2.5B$2.2B$2.3B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.1B$1.1B$1.2B$1.2B$1.2B$1.2B
Accumulated other comprehensive income (loss)————$3.8M$88.0K
Common stock$468.0K$459.0K$458.0K$454.0K$450.0K$442.0K
Additional paid-in capital$1.1B$1.1B$1.2B$1.2B$1.2B$1.2B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$468.0K$459.0K$458.0K$454.0K$450.0K$442.0K
Retained earnings$1.5B$1.4B$1.6B$1.6B$1.7B$1.5B
Total liabilities and stockholders' equity$6.0B$6.0B$6.6B$7.0B$7.0B$6.9B
Total stockholders' equity$2.5B$2.4B$2.6B$2.6B$2.8B$2.6B
Treasury stock$106.8M$119.7M$120.0M$120.3M$120.4M$131.2M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$703.2M$454.6M$242.7M$204.9M$424.2M$166.3M
Income taxes receivable$4.9M—$28.9M$26.5M$3.2M—
Finished goods$2.0B$2.1B$2.4B$2.7B$2.2B$2.4B
Prepaid expenses and other current assets$129.1M$138.4M$166.0M$158.4M$169.4M$165.6M
Short-term investments————$70.0M$55.0M
Total current assets$3.0B$2.9B$3.1B$3.4B$3.1B$3.0B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$42.6M$46.0M$49.2M$45.3M$98.8M$101.2M
Deferred Tax Assets and Other Non-Current Assets$64.7M$78.5M$98.3M$112.8M$124.9M$124.8M
Goodwill$10.9M$10.9M$392.6M$392.6M$226.4M$224.6M
Intangible assets, net$204.0K—$5.5M$6.1M$203.3M$201.6M
Net Investment in Lease$1.6B$1.7B$1.7B$1.7B$1.8B$1.8B
Operating lease right-of-use assets$1.6B$1.7B$1.7B$1.7B$1.8B$1.8B
Other non-current assets$64.7M$78.5M$98.3M$112.8M$124.9M$124.8M
Other Intangible Assets Net$204.0K—$5.5M$6.1M$203.3M$201.6M
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)————$70.0M$55.0M
Operating lease right-of-use assets$1.6B$1.7B$1.7B$1.7B$1.8B$1.8B
Operating Lease Right-of-Use Assets in Other Assets$1.6B$1.7B$1.7B$1.7B$1.8B$1.8B
Other non-current assets$64.7M$78.5M$98.3M$112.8M$124.9M$124.8M
Property and equipment, net$1.2B$1.3B$1.3B$1.4B$1.4B$1.4B
Software and Technology Licenses, Net$64.7M$78.5M$98.3M$112.8M$124.9M$124.8M
Total assets$6.0B$6.0B$6.6B$7.0B$7.0B$6.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating lease liabilities, non-current$1.6B$1.7B$1.7B$1.7B$1.8B$1.8B
Other non-current liabilities$56.1M$57.1M$60.7M$63.4M$59.6M$61.0M
Total liabilities$3.5B$3.6B$4.0B$4.4B$4.2B$4.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred compensation plan assets$48.0M$47.5M$50.6M$52.7M$53.4M$52.6M
Deferred income taxes$42.6M$46.0M$49.2M$45.3M$98.8M$101.2M