Ulta Beauty (ULTA) Debt to Equity (2020 - 2026)

Ulta Beauty (ULTA) posted Debt to Equity of $0.02 for Q1 2026, down 89.4% quarter-over-quarter from $0.21 in Q4 2025.

Ulta Beauty (ULTA) Debt to Equity (2020 - 2026) Analysis & Trends

Ulta Beauty (ULTA) has reported Debt to Equity for 5 consecutive years, with $0.02 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.02, changed N/A year-over-year; the trailing twelve-month figure through Jan 2026 was $0.02 (changed N/A YoY), and the FY2026 annual result was $0.02, changed N/A from the prior year.
  • Debt to Equity was $0.02 for Q1 2026 at Ulta Beauty, down from $0.21 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.21 in Q4 2025 and troughed at $0.02 in Q1 2026.
  • Average Debt to Equity over 4 years is $0.1, with a median of $0.1 recorded in 2023.
  • Year-over-year, Debt to Equity decreased 10.98% in 2024 and soared 144.38% in 2025.
  • Over 4 years, Debt to Equity stood at $0.1 in 2023, then fell by 10.98% to $0.09 in 2024, then jumped by 144.38% to $0.21 in 2025, then tumbled by 89.4% to $0.02 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.02 in Q1 2026, $0.21 in Q4 2025, and $0.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 0.62
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn -
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 0.34
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 0.85
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 0.38
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 3.27
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn -
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn -0.65
10 Ulta Beauty 204.65 Mn -289.59 Mn 1.48 Bn 0.02

Historic Data

Download Data
DateValue
Jan 31, 2026 0.02
Nov 1, 2025 0.21
Aug 2, 2025 0.11
Nov 2, 2024 0.09
Oct 28, 2023 0.10
Aug 1, 2020 0.45
May 2, 2020 0.46