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

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.