Ulta Beauty (ULTA) EBITDA Margin (2010 - 2026)
Ulta Beauty's EBITDA Margin was 15.18% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 0.27 percentage points from 14.92% a year earlier but down 1.56 percentage points from the prior quarter.
Ulta Beauty (ULTA) EBITDA Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ulta Beauty's EBITDA Margin was 14.93% through Aug 1, 2026, down 1.04 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 14.80%, down 1.42 percentage points from FY2025.
- EBITDA Margin has now declined for three consecutive fiscal years, though with a five-year change of +6.11 percentage points (FY2021 to FY2026).
- In earlier fiscal years, EBITDA Margin was 16.22% in FY2025 (-0.93 pp), 17.15% in FY2024 (-1.27 pp), 18.42% in FY2023 (+0.27 pp) and 18.14% in FY2022 (+9.45 pp).
- Quarterly EBITDA Margin has moved between 13.48% (fiscal Q3 2026) and 21.34% (fiscal Q1 2023) over five years.
- Compared with a year earlier, EBITDA Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.59 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was fiscal Q3 2022 (a gain of 6.32 percentage points); the worst was fiscal Q4 2026 (a drop of 2.48 percentage points).
- Per Business Quant data, ULTA's EBITDA Margin in the three fiscal quarters before Q2 2027 was 16.74% (Q1 2027), 14.33% (Q4 2026) and 13.48% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 23.65% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 16.60% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 15.33% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 16.17% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 19.85% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 12.60% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 22.98% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 10.15% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 22.39% |
| 10 | Ulta Beauty | 23.38 Bn | 22.24 Bn | 1.19 Bn | 15.18% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 15.18% |
| May 2, 2026 | 16.74% |
| Jan 31, 2026 | 14.33% |
| Nov 1, 2025 | 13.48% |
| Aug 2, 2025 | 14.92% |
| May 3, 2025 | 16.63% |
| Feb 1, 2025 | 16.81% |
| Nov 2, 2024 | 15.24% |
| Aug 3, 2024 | 15.46% |
| May 4, 2024 | 17.08% |
| Feb 3, 2024 | 16.31% |
| Oct 28, 2023 | 15.61% |
| Jul 29, 2023 | 17.93% |
| Apr 29, 2023 | 18.98% |
| Jan 28, 2023 | 15.71% |
| Oct 29, 2022 | 17.97% |
| Jul 30, 2022 | 19.69% |
| Apr 30, 2022 | 21.34% |
| Jan 29, 2022 | 16.10% |
| Oct 30, 2021 | 17.51% |
Ulta Beauty EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ULTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ULTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ULTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();