Ulta Beauty (ULTA) EBT Margin (2010 - 2026)
Ulta Beauty (ULTA) reported EBT Margin of 12.38% for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 0.03 percentage points from 12.42% a year earlier and down 1.80 percentage points from the prior quarter.
Ulta Beauty (ULTA) EBT Margin (2010 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Ulta Beauty posted EBT Margin of 12.36%, down 1.63 percentage points from FY2025.
- EBT Margin has declined for three consecutive fiscal years, though with a five-year change of +8.60 percentage points (FY2021 to FY2026).
- By fiscal year, EBT Margin came in at 13.99% in FY2025 (-1.14 pp), 15.13% in FY2024 (-0.97 pp), 16.10% in FY2023 (+1.09 pp) and 15.01% in FY2022 (+11.26 pp).
- Five-year quarterly EBT Margin spans a low of 10.68% in fiscal Q3 2026 and a high of 18.64% in fiscal Q1 2023.
- Year over year, EBT Margin has now declined in each of the last six quarters, with an average year-over-year change of -0.81 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was fiscal Q3 2022 (a gain of 7.79 percentage points); the low point was fiscal Q4 2026 (a drop of 2.69 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 14.19% (Q1 2027), 12.17% (Q4 2026) and 10.68% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 40.31% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 13.19% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 13.29% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 12.23% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 18.11% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 9.27% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 18.89% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 7.85% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 16.80% |
| 10 | Ulta Beauty | 23.38 Bn | 22.24 Bn | 1.19 Bn | 12.38% |
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% |
Ulta Beauty EBT 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=ebt-margin&ticker=ULTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ULTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();