Ulta Beauty (ULTA) EBT Margin (2010 - 2026)
Ulta Beauty's (ULTA) quarterly EBT Margin came in at 12.38% in Q3 2026, down 3.0% on a YoY basis from 12.77% in Q3 2025, and down 12.71% quarter-over-quarter from 14.19% in Q2 2026.
Analysis
Ulta Beauty (ULTA) EBT Margin (2010 - 2026) Analysis & Trends
Ulta Beauty (ULTA) has reported EBT Margin for 17 consecutive years, with 12.38% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, EBT Margin fell 3.0% year-over-year to 12.38%; the trailing twelve-month figure through Aug 2026 stood at 12.38% (down 126.0% YoY), and the FY2026 full-year result was 12.36%, down 163.0% from the prior year.
- EBT Margin eased to 12.38% in Q3 2026 per ULTA's latest filing, from 14.19% in the prior quarter.
- Across five years, EBT Margin topped out at 18.64% in Q2 2022 and bottomed at 10.68% in Q4 2025.
- Historically, EBT Margin has averaged 14.27% across 5 years, with a median of 14.19% in 2026.
- The sharpest annual moves came in 2022 and 2026: EBT Margin soared 357 bps in 2022, then sank 269 bps in 2026.
- Over 5 years, EBT Margin stood at 15.51% in 2022, then fell by 15 bps to 13.25% in 2023, then declined by 4 bps to 12.65% in 2024, then dropped by 16 bps to 10.68% in 2025, then advanced by 16 bps to 12.38% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 12.38%, 14.19%, and 12.17% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.01 Bn | 22.80 Bn | 1.19 Bn | 12.38% |
| 2 | Best Buy | 18.63 Bn | 16.37 Bn | 2.34 Bn | 4.40% |
| 3 | Dick'S Sporting Goods | 11.84 Bn | 10.93 Bn | 1.94 Bn | 7.85% |
| 4 | Signet Jewelers | 3.91 Bn | 3.31 Bn | 556.50 Mn | 2.63% |
| 5 | Academy Sports & Outdoors | 3.50 Bn | 3.16 Bn | 479.35 Mn | 4.78% |
| 6 | National Vision Holdings | 1.36 Bn | 1.32 Bn | 290.43 Mn | 3.60% |
| 7 | Gold.com | 1.26 Bn | 677.41 Mn | 176.58 Mn | 0.79% |
| 8 | Winmark | 1.11 Bn | 1.08 Bn | 21.15 Mn | 60.03% |
| 9 | GameStop | 1.04 Bn | -7.33 Bn | 340.30 Mn | 60.62% |
| 10 | Barnes & Noble Education | 377.78 Mn | 369.97 Mn | 57.05 Mn | -6.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 12.38% |
| May 2, 2026 | 14.19% |
| 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% |