Ulta Beauty (ULTA) EBIT Margin (2010 - 2026)
Ulta Beauty (ULTA) reported EBIT Margin of 12.23% for Q1 2026, down 257.0% on a YoY basis from 7.79% in Q1 2025, and up 12.99% quarter-over-quarter from 10.83% in Q4 2025.
Ulta Beauty (ULTA) EBIT Margin (2010 - 2026) Analysis & Trends
Ulta Beauty has reported EBIT Margin for 17 years, with the latest figure at 12.23% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin fell 257.0% year-over-year to 12.23%; the trailing twelve-month figure through Jan 2026 stood at 12.37% (down 148.0% YoY), and the FY2026 full-year result was 12.37%, down 148.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 12.23%, up from 10.83% in the prior quarter.
- The five-year high for EBIT Margin was 18.66% in Q2 2022, with the low at 10.83% in Q4 2025.
- Historically, EBIT Margin has averaged 14.31% across 5 years, with a median of 14.11% in 2025.
- Annual changes were most pronounced in 2022 — EBIT Margin surged 356 bps — and 2024, when it sank 258 bps.
- Ulta Beauty's EBIT Margin stood at 15.47% in 2022, then slipped by 15 bps to 13.15% in 2023, then decreased by 4 bps to 12.59% in 2024, then fell by 14 bps to 10.83% in 2025, then advanced by 13 bps to 12.23% in 2026.
- The last three EBIT Margin figures came in at 12.23% (Q1 2026), 10.83% (Q4 2025), and 12.37% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 7.89% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 12.23% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 4.14% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 17.99% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 4.26% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 12.24% |
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% |