Stock Analysis
Ulta Beauty, Inc. Common StockULTA
P/E 21.98×· 5Y range 12.40–31.05×· 76th percentile of history
Sector: Consumer Cyclical · Industry: Retail-Retail Stores, Nec
AnalystsStrong Buy34 analystsP/E 22.0× sits at the 76th percentile of its 5.086926762491444-year history.
Cash covers 8% of debt · Q2 2027.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Quality82
- Profitability70
Risks
- Valuation49
- Growth32
Mixed fundamentals at a demanding price.
Market context
-2.7% today· Z 2.2σ
Bull Case
- ✓Altman Z 5.3 — safe-zone balance sheet
- ✓ROE 43.6% — efficient capital deployment
- ✓Interest coverage 857.9× — debt well covered
What's happening with ULTA
Profile
Strong earnings quality and moat; growth and valuation lag behind.
How is each axis scored?
- Valuation49/100 · Weak
- P/E vs own history (76th pct)5/25
- FCF yield (4.2%)12/25
- P/S (2.0x)20/25
- EV/EBIT (18.0x)12/25
- Growth32/100 · Weak
- Revenue CAGR (5.0%)6/25
- Net income CAGR (-1.8%)0/25
- EPS CAGR 5Y (1.7%)6/25
- Fwd implied growth (22.9%)20/25
- Profitability70/100 · Moderate
- ROIC (24.4%)20/25
- ROE (43.6%)25/25
- Net margin (9.3%)13/25
- Operating margin (12.4%)12/25
- Financial Health67/100 · Moderate
- Altman Z (5.28)25/25
- Current ratio (1.35)12/25
- Interest coverage (857.9x)25/25
- Net cash / debt (D/A 33%)5/25
- Quality82/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-6.03)25/25
- FCF conversion (93%)22/25
- Margin stability (σ 5.0%)20/25
- Moat75/100 · Strong
- ROIC >12% years (11/11 yrs)25/25
- Median gross margin (38.8%)13/25
- FCF-positive years (11/11 yrs)25/25
- Worst-year net margin (worst 2.9%)12/25
About Ulta Beauty, Inc. Common Stock
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 stores and e-commerce. Show more
The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland), has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Headquarters: BOLINGBROOK, IL · Employees: 65,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
49D+P/E (TTM)22.0xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.4x–31.1x · 76th pct
P/FCF21.1xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.2%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 3.0%–6.7% · 40th pct
P/S (TTM)2.05xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.3x–3.0x · 48th pct
EV/EBIT18.0xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.3x–19.9x · 89th pct
EV/Sales2.0xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E17.9xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio9.59xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.66B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
70B+ROIC24.4%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE43.6%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA17.4%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.3%C
Grade C: AverageNet Income / Revenue
Operating Margin12.4%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin43.0%C
Grade C: AverageGross Profit / Revenue
FCF Margin8.6%C
Grade C: AverageFCF / Revenue
True FCF Margin8.3%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
32DRevenue CAGR5.0%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-1.8%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)1.7%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth22.9%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-18.1%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.2%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.3%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
67BAltman Z-Score5.28A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.35xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.20xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage857.9xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.2yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.5xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.95xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.08xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
82APiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-6.03A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion92.6%A
Grade A: StrongFCF / Net Income
Margin Stability5.0%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.5%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.86xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Steelman Kecia Filed | Steelman Kecia | SellOpen market sale | -2000 | |
Nagler Lorna Filed | Nagler Lorna | SellOpen market sale | -600 | |
GARCIA KELLY E Filed | GARCIA KELLY E | Grant / award | +3.6K | |
GARCIA KELLY E Filed | GARCIA KELLY E | Grant / award | +2.9K | |
Olson Brieane Lee Filed | Olson Brieane Lee | Grant / award | +271 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
MRKONIC GEORGE R JR Filed | MRKONIC GEORGE R JR | SellOpen market sale | -383 | |
Smith Mike C. Filed | Smith Mike C. | Grant / award | +404 | |
Ruiz Gisel Filed | Ruiz Gisel | Grant / award | +404 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
75B+ROIC >12% Years11/11 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)38.8%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years11/11 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor2.9%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$26.98
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.99
Cash & short-term investments per share (Finnhub)
Book Value / Share$61.76
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.52B
Total debt obligations (short + long term)
Cash & Equiv.$213.45M
Cash and short-term investments
Net Debt$2.31B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.64B
Shareholders' equity (book value)
Asset / Liability1.61xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$25.35B
Current Market Capitalization
Beta0.86B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Aug 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Ulta Beauty, Inc. Common Stock (ULTA)
ULTA is down 2.68% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Ulta Beauty, Inc. Common Stock. Altman Z-Score of 5.28 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -6.03 suggests a low likelihood of earnings manipulation.
- Takes ~2.2 years to repay net debt from free cash flow.
- Return on equity of 43.6% is well above the market average.
See how ULTA ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ULTA moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 593.53 | -2.58% | -2.16 |
| Oct 16 | After-hours | 592.94 | -2.68% | -2.23 |
| Oct 8 | Regular | 566.39 | +3.83% | 2.60 |
| Oct 8 | After-hours | 563.55 | +3.31% | 2.24 |
Frequently Asked Questions about ULTA
What is the current Ulta Beauty, Inc. Common Stock (ULTA) stock price?
ULTA is trading at $592.94 at the last market close, down 2.68% on the session. PreMarketPrice tracks ULTA pre-market, intraday and after-hours prices.
Is ULTA stock a buy right now?
PreMarketPrice's quantitative model rates Ulta Beauty, Inc. Common Stock's financial health at 67/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ULTA stock overvalued?
Ulta Beauty, Inc. Common Stock trades at a trailing P/E of 22.0 and our valuation score rates it 49/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Ulta Beauty, Inc. Common Stock report earnings?
No confirmed earnings date is currently scheduled for ULTA. The Earnings section lists recent reports and updates as dates are announced.
What sector does Ulta Beauty, Inc. Common Stock operate in?
Ulta Beauty, Inc. Common Stock operates in the Consumer Cyclical sector, within the Retail-Retail Stores, Nec industry. The Related Stocks section lists sector peers for comparison.
What does Ulta Beauty, Inc. Common Stock do?
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 stores and e-commerce.
About Ulta Beauty, Inc. Common Stock (ULTA) Stock
Ulta Beauty, Inc. Common Stock (ULTA) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Retail Stores, Nec industry. As of the latest update, Ulta Beauty, Inc. Common Stock is trading at $592.94, down 2.68% on the day with a market capitalization of $25.4 billion. The financial health score for ULTA is 67/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ULTA stock.
ULTA Stock Analysis & Key Metrics
On PreMarketPrice, you can track Ulta Beauty, Inc. Common Stock (ULTA) across multiple dimensions:
- Pre-market price & movement: Real-time ULTA stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ULTA with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Ulta Beauty, Inc. Common Stock across multiple reporting periods.
- Financial health score: A composite score of 67/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ULTA.
- Sector peers: Compare ULTA against 4 other consumer cyclical stocks on key financial metrics.
Is ULTA a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Ulta Beauty, Inc. Common Stock (ULTA) as an investment. The financial health score of 67/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Ulta Beauty, Inc. Common Stock (ULTA) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.