Ulta Beauty (ULTA) EBITDA Margin (2010 - 2026)
Ulta Beauty's (ULTA) quarterly EBITDA Margin came in at 12.23% in Q1 2026, down 257.0% YoY from 7.79% in Q1 2025, and up 12.99% on a QoQ basis from 10.83% in Q4 2025.
Ulta Beauty (ULTA) EBITDA Margin (2010 - 2026) Analysis & Trends
Ulta Beauty (ULTA) has 17 years of EBITDA Margin data on file, last reported at 12.23% in Q1 2026.
- Quarterly EBITDA 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.
- EBITDA Margin rose to 12.23% in Q1 2026, from 10.83% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 18.66% in Q2 2022 to a low of 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 EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin surged 356 bps — and 2024, when it sank 258 bps.
- Tracing ULTA's EBITDA Margin over 5 years: 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 EBITDA Margin figures came in at 12.23% (Q1 2026), 10.83% (Q4 2025), and 12.37% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 21.99% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 14.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 14.17% |
| 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% |