Ulta Beauty (ULTA) Debt to Equity (2020 - 2026)
Ulta Beauty (ULTA) reported 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 has reported Debt to Equity for 5 years, with the latest figure at $0.02 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity changed N/A year-over-year to $0.02; the trailing twelve-month figure through Jan 2026 stood at $0.02 (changed N/A YoY), and the FY2026 full-year result was $0.02, changed N/A from the prior year.
- Debt to Equity for Q1 2026 stood at $0.02, down from $0.21 in the prior quarter.
- The five-year high for Debt to Equity was $0.21 in Q4 2025, with the low at $0.02 in Q1 2026.
- Historically, Debt to Equity has averaged $0.1 across 4 years, with a median of $0.1 in 2023.
- Annual changes were most pronounced in 2024 — Debt to Equity fell 10.98% — and 2025, when it jumped 144.38%.
- Ulta Beauty's Debt to Equity stood at $0.1 in 2023, then slipped by 10.98% to $0.09 in 2024, then jumped by 144.38% to $0.21 in 2025, then plunged by 89.4% to $0.02 in 2026.
- The last three Debt to Equity figures came in at $0.02 (Q1 2026), $0.21 (Q4 2025), and $0.11 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 0.63 |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | - |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 0.02 |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 0.34 |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 0.85 |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 0.38 |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | -0.65 |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | - |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 3.27 |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |