Non-Current Assets
Operating Lease ROU Assets
Ulta Beauty, Inc. Operating Lease ROU Assets increased by 6.0% to $1.81B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $1.61B to $1.81B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 3.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026
How to read this metric
Increases reflect expansion of leased operational footprint or equipment, while decreases indicate lease expirations or asset depreciation.
Detailed definition
This asset represents the company's right to use a leased item, such as real estate or equipment, over the lease term. I...
Peer comparison
Standard across all companies reporting under modern lease accounting standards; reflects operational scale.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical 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 | $1.49B | $1.47B | $1.46B | $1.48B | $1.49B | $1.51B | $1.56B | $1.56B | $1.56B | $1.55B | $1.58B | $1.57B | $1.56B | $1.60B | $1.62B | $1.61B | $1.66B | $1.68B | $1.71B | $1.81B |
| QoQ Change | — | -1.2% | -0.4% | +1.2% | +0.4% | +1.4% | +3.2% | +0.3% | -0.1% | -0.7% | +1.9% | -0.2% | -0.8% | +2.4% | +1.2% | -0.6% | +3.0% | +1.4% | +1.7% | +6.0% |
| YoY Change | — | — | — | — | +0.0% | +2.7% | +6.3% | +5.3% | +4.8% | +2.6% | +1.4% | +0.8% | +0.1% | +3.3% | +2.6% | +2.2% | +6.2% | +5.2% | +5.7% | +12.6% |
Range$1.46B – $1.81B
CAGR+4.3%
Avg YoY Growth+3.9%
Median YoY Growth+3.0%
Current Streak4 quarters growth
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Ulta Beauty, Inc.'s operating lease rou assets?
- Ulta Beauty, Inc. (ULTA) reported operating lease rou assets of $1.81B in Q4 2025.
- How has Ulta Beauty, Inc.'s operating lease rou assets changed year-over-year?
- Ulta Beauty, Inc.'s operating lease rou assets increased by 12.6% year-over-year, from $1.61B to $1.81B.
- What is the long-term trend for Ulta Beauty, Inc.'s operating lease rou assets?
- Over 5 years (2020 to 2025), Ulta Beauty, Inc.'s operating lease rou assets has grown at a 3.8% compound annual growth rate (CAGR), from $1.50B to $1.81B.
- What does operating lease rou assets mean?
- The recorded value of the right to use leased property or equipment over the life of the lease.