Ulta Beauty (ULTA) EBT Margin (2010 - 2026)

Ulta Beauty (ULTA) posted EBT Margin of 12.17% for Q1 2026, up 13.89% quarter-over-quarter from 10.68% in Q4 2025, and down 269.0% year-on-year from 7.2% in Q1 2025.

Ulta Beauty (ULTA) EBT Margin (2010 - 2026) Analysis & Trends

Ulta Beauty (ULTA) has reported EBT Margin for 17 consecutive years, with 12.17% the latest figure, recorded in Q1 2026.

  • EBT Margin for Q1 2026 came in at 12.17%, down 269.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 12.36% (down 163.0% YoY), and the FY2026 annual result was 12.36%, down 163.0% from the prior year.
  • EBT Margin was 12.17% for Q1 2026 at Ulta Beauty, up from 10.68% in the prior quarter.
  • Over five years, EBT Margin peaked at 18.64% in Q2 2022 and troughed at 10.68% in Q4 2025.
  • Average EBT Margin over 5 years is 14.39%, with a median of 14.23% recorded in 2025.
  • Year-over-year, EBT Margin jumped 357 bps in 2022 and slumped 269 bps in 2026.
  • Over 5 years, EBT Margin stood at 15.51% in 2022, then retreated by 15 bps to 13.25% in 2023, then fell by 4 bps to 12.65% in 2024, then declined by 16 bps to 10.68% in 2025, then climbed by 14 bps to 12.17% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 12.17% in Q1 2026, 10.68% in Q4 2025, and 12.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 4.66%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 20.63%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 2.89%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 5.97%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 4.23%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 3.66%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 18.33%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 56.91%
10 Ulta Beauty 204.65 Mn -289.59 Mn 1.48 Bn 12.17%

Historic Data

Download Data
DateValue
Jan 31, 2026 12.17%
Nov 1, 2025 10.68%
Aug 2, 2025 12.42%
May 3, 2025 14.23%
Feb 1, 2025 14.86%
Nov 2, 2024 12.65%
Aug 3, 2024 13.08%
May 4, 2024 14.96%
Feb 3, 2024 14.64%
Oct 28, 2023 13.25%
Jul 29, 2023 15.66%
Apr 29, 2023 17.06%
Jan 28, 2023 14.01%
Oct 29, 2022 15.51%
Jul 30, 2022 17.04%
Apr 30, 2022 18.64%
Jan 29, 2022 13.75%
Oct 30, 2021 14.22%
Jul 31, 2021 16.87%
May 1, 2021 15.73%