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Ulta Beauty, Inc. ULTA Return on equity

Return on equity at other companies

Walmart
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Walmart WMT
25.5%+2.7pp
Amazon logo
AmazonAMZN
21.1%-4.1pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
-5.9%
Church & Dwight logo
Church & DwightCHD
16.8%+3.4pp
Kenvue logo
KenvueKVUE
15.7%+5.5pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
836.2%-141pp

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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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 equity?
Ulta Beauty, Inc. (ULTA) reported return on equity of 47.4% in Q1 2026.
How has Ulta Beauty, Inc.'s return on equity changed year-over-year?
Ulta Beauty, Inc.'s return on equity decreased by 5.9% year-over-year, from 50.4% to 47.4%.
What is the long-term trend for Ulta Beauty, Inc.'s return on equity?
Over 4 years (2021 to 2025), Ulta Beauty, Inc.'s return on equity has grown at a 3.2% compound annual growth rate (CAGR), from 167.8% to 190.5%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.