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
DateValue
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%