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Ulta Beauty, Inc. ULTA Return on assets

Return on assets at other companies

Walmart
 logo
Walmart WMT
8.2%+0.9pp
Amazon logo
AmazonAMZN
10.1%-1.1pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
-1.3%
Church & Dwight logo
Church & DwightCHD
8.2%+1.6pp
Kenvue logo
KenvueKVUE
6.1%+2.2pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
12.8%-4.7pp

Other financials

Income statement

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Revenue$3.2B+11.1%
Gross profit$1.3B+13.8%
Operating income$448.3M+11.6%
Net income$340.5M+11.6%
EPS (diluted)$7.74+15.5%

Balance sheet

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Cash & equivalents$166.3M-63.4%
Total debt$2.3B+16.6%
Total equity$2.6B+6.2%
Total assets$6.9B+15.2%

Cash flow

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Operating cash flow$261.9M+19.0%
CapEx$58.3M-26.3%
Free cash flow$203.6M+44.4%

Valuation

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Market cap$19.38B+16.5%
Enterprise value$21.51B+18.3%
P/E16.3×+2.4×
P/S1.5×+0.1×

Profitability

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Gross margin39.3%+0.5pp
Operating margin12.4%-1.3pp
Net margin9.4%-1.1pp

Returns & leverage

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Return on equity47.4%-3.0pp
Debt / equity0.9×+0.1×
Current ratio1.3×-0.4×

Where this comes from

Calculated from Ulta Beauty, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Ulta Beauty, Inc.’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ulta Beauty, Inc.'s return on assets?
Ulta Beauty, Inc. (ULTA) reported return on assets of 18.5% in Q1 2026.
How has Ulta Beauty, Inc.'s return on assets changed year-over-year?
Ulta Beauty, Inc.'s return on assets decreased by 10.1% year-over-year, from 20.5% to 18.5%.
What is the long-term trend for Ulta Beauty, Inc.'s return on assets?
Over 4 years (2021 to 2025), Ulta Beauty, Inc.'s return on assets has grown at a 6.0% compound annual growth rate (CAGR), from 60.1% to 76.1%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.