Skip to content

Ulta Beauty, Inc. ULTA Return on invested capital

Return on invested capital at other companies

Walmart
 logo
Walmart WMT
15.3%-1.2pp
Amazon logo
AmazonAMZN
14%-3.8pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
2.1%
Church & Dwight logo
Church & DwightCHD
13.9%+3.8pp
Kenvue logo
KenvueKVUE
10.4%+3.2pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
33%-10.3pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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 →

Ask your AI about Ulta Beauty, Inc.'s return on invested capital.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Ulta Beauty, Inc.'s return on invested capital?
Ulta Beauty, Inc. (ULTA) reported return on invested capital of 27.6% in Q1 2026.
How has Ulta Beauty, Inc.'s return on invested capital changed year-over-year?
Ulta Beauty, Inc.'s return on invested capital decreased by 11.2% year-over-year, from 31.1% to 27.6%.
What is the long-term trend for Ulta Beauty, Inc.'s return on invested capital?
Over 4 years (2021 to 2025), Ulta Beauty, Inc.'s return on invested capital has grown at a 3.2% compound annual growth rate (CAGR), from 99.7% to 112.8%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.