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Ulta Beauty stock: key metrics
ULTAUlta Beauty had an operating margin of 12.5% and a return on invested capital (ROIC) of 28.6% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 31.1% | 5.3% | 3.0% |
| 2007 | 31.1% | 5.1% | 2.8% |
| 2008 | 30.2% | 4.3% | 2.3% |
| 2009 | 30.5% | 5.6% | 3.2% |
| 2010 | 33.3% | 8.2% | 4.9% |
| 2011 | 34.7% | 11.0% | 6.8% |
| 2012 | 35.3% | 13.3% | 7.8% |
| 2013 | 35.2% | 12.9% | 7.6% |
| 2014 | 35.1% | 13.1% | 7.9% |
| 2015 | 35.3% | 13.3% | 8.2% |
| 2016 | 36.0% | 13.9% | 8.4% |
| 2017 | 35.6% | 13.8% | 9.4% |
| 2018 | 35.9% | 13.0% | 9.8% |
| 2019 | 36.2% | 12.4% | 9.5% |
| 2020 | 31.7% | 5.1% | 2.9% |
| 2021 | 39.0% | 14.5% | 11.4% |
| 2022 | 39.6% | 16.2% | 12.2% |
| 2023 | 39.1% | 15.0% | 11.5% |
| 2024 | 38.8% | 14.0% | 10.6% |
| 2025 | 39.1% | 12.5% | 9.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 15.2% | 12.5% | 6.7% |
| 2007 | 12.0% | 11.7% | 5.4% |
| 2008 | 10.3% | 8.8% | 4.4% |
| 2009 | 13.5% | 12.8% | 7.1% |
| 2010 | 17.6% | 24.7% | 9.7% |
| 2011 | 20.6% | 38.8% | 12.6% |
| 2012 | 21.9% | 45.6% | 13.5% |
| 2013 | 20.2% | 40.7% | 12.7% |
| 2014 | 20.6% | 41.1% | 13.0% |
| 2015 | 22.2% | 39.2% | 14.3% |
| 2016 | 26.4% | 40.0% | 16.1% |
| 2017 | 31.3% | 45.5% | 19.1% |
| 2018 | 36.2% | 48.1% | 20.6% |
| 2019 | 37.1% | 30.2% | 14.5% |
| 2020 | 8.8% | 7.7% | 3.5% |
| 2021 | 64.2% | 32.8% | 20.7% |
| 2022 | 63.4% | 41.0% | 23.1% |
| 2023 | 56.6% | 39.2% | 22.6% |
| 2024 | 48.3% | 33.7% | 20.0% |
| 2025 | 41.1% | 28.6% | 16.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 May 2021)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.