Ulta Beauty (ULTA) EBIT Margin (2010 - 2026)
Ulta Beauty (ULTA) posted EBIT Margin of 12.23% for Q1 2026, up 12.99% on a QoQ basis from 10.83% in Q4 2025, and down 257.0% year-over-year from 7.79% in Q1 2025.
Ulta Beauty (ULTA) EBIT Margin (2010 - 2026) Analysis & Trends
Ulta Beauty's EBIT Margin history runs 17 years deep, the most recent figure standing at 12.23% for Q1 2026.
- Quarterly EBIT Margin fell 257.0% year-over-year to 12.23% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 12.37% (down 148.0% YoY) and the FY2026 annual result came in at 12.37%, down 148.0% from the prior year.
- EBIT Margin was 12.23% for Q1 2026 at Ulta Beauty, up from 10.83% in the prior quarter.
- Across five years, EBIT Margin topped out at 18.66% in Q2 2022 and bottomed at 10.83% in Q4 2025.
- A 5-year average of 14.31% and a median of 14.11% in 2025 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2022 — EBIT Margin surged 356 bps — and 2024, when it plunged 258 bps.
- Ulta Beauty's EBIT Margin stood at 15.47% in 2022, then declined by 15 bps to 13.15% in 2023, then dropped by 4 bps to 12.59% in 2024, then decreased by 14 bps to 10.83% in 2025, then grew by 13 bps to 12.23% in 2026.
- Business Quant data shows ULTA's EBIT Margin at 12.23% in Q1 2026, 10.83% in Q4 2025, and 12.37% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 7.66% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 20.27% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 12.23% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 2.96% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 14.56% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 6.50% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 17.99% |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 36.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 12.23% |
| Nov 1, 2025 | 10.83% |
| Aug 2, 2025 | 12.37% |
| May 3, 2025 | 14.11% |
| Feb 1, 2025 | 14.80% |
| Nov 2, 2024 | 12.59% |
| Aug 3, 2024 | 12.90% |
| May 4, 2024 | 14.71% |
| Feb 3, 2024 | 14.55% |
| Oct 28, 2023 | 13.15% |
| Jul 29, 2023 | 15.48% |
| Apr 29, 2023 | 16.78% |
| Jan 28, 2023 | 13.87% |
| Oct 29, 2022 | 15.47% |
| Jul 30, 2022 | 17.04% |
| Apr 30, 2022 | 18.66% |
| Jan 29, 2022 | 13.76% |
| Oct 30, 2021 | 14.24% |
| Jul 31, 2021 | 16.89% |
| May 1, 2021 | 15.75% |