Ulta Beauty (ULTA) EBT Margin (2010 - 2026)
Ulta Beauty (ULTA) reported EBT Margin of 12.17% for Q1 2026, down 269.0% on a YoY basis from 7.2% in Q1 2025, and up 13.89% quarter-over-quarter from 10.68% in Q4 2025.
Ulta Beauty (ULTA) EBT Margin (2010 - 2026) Analysis & Trends
Ulta Beauty has reported EBT Margin for 17 years, with the latest figure at 12.17% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 269.0% year-over-year to 12.17%; the trailing twelve-month figure through Jan 2026 stood at 12.36% (down 163.0% YoY), and the FY2026 full-year result was 12.36%, down 163.0% from the prior year.
- EBT Margin for Q1 2026 stood at 12.17%, up from 10.68% in the prior quarter.
- The five-year high for EBT Margin was 18.64% in Q2 2022, with the low at 10.68% in Q4 2025.
- Historically, EBT Margin has averaged 14.39% across 5 years, with a median of 14.23% in 2025.
- Annual changes were most pronounced in 2022 — EBT Margin surged 357 bps — and 2026, when it plunged 269 bps.
- Ulta Beauty's EBT Margin stood at 15.51% in 2022, then dropped by 15 bps to 13.25% in 2023, then slipped by 4 bps to 12.65% in 2024, then decreased by 16 bps to 10.68% in 2025, then rose by 14 bps to 12.17% in 2026.
- The last three EBT Margin figures came in at 12.17% (Q1 2026), 10.68% (Q4 2025), and 12.42% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 4.38% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 20.63% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 12.17% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 2.89% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 5.97% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 4.23% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 18.33% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 3.66% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 6.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |