Ulta Beauty (ULTA) FCF Margin (2010 - 2026)
Ulta Beauty's (ULTA) quarterly FCF Margin came in at 1.27% in Q3 2026, up 56.0% on a YoY basis from 0.81% in Q3 2025, and down 80.33% quarter-over-quarter from 6.44% in Q2 2026.
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Ulta Beauty (ULTA) FCF Margin (2010 - 2026) Analysis & Trends
Ulta Beauty (ULTA) has reported FCF Margin for 17 consecutive years, with 1.27% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, FCF Margin rose 56.0% year-over-year to 1.27%; the trailing twelve-month figure through Aug 2026 stood at 8.87% (up 70.0% YoY), and the FY2026 full-year result was 8.62%, up 8.0% from the prior year.
- FCF Margin retreated to 1.27% in Q3 2026 per ULTA's latest filing, from 6.44% in the prior quarter.
- Across five years, FCF Margin topped out at 27.97% in Q1 2024 and bottomed at 7.11% in Q4 2023.
- Historically, FCF Margin has averaged 8.14% across 5 years, with a median of 4.09% in 2024.
- The sharpest annual moves came in 2023 and 2025: FCF Margin plunged 773 bps in 2023, then surged 390 bps in 2025.
- Over 5 years, FCF Margin stood at 2.17% in 2022, then tumbled by 228 bps to 7.11% in 2023, then rose by 5 bps to 6.76% in 2024, then jumped by 58 bps to 2.86% in 2025, then soared by 144 bps to 1.27% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 1.27%, 6.44%, and 25.37% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.16 Bn | 22.94 Bn | 1.19 Bn | 1.27% |
| 2 | Best Buy | 19.53 Bn | 17.27 Bn | 2.34 Bn | 7.54% |
| 3 | Dick'S Sporting Goods | 10.76 Bn | 9.84 Bn | 1.94 Bn | 2.38% |
| 4 | GameStop | 10.16 Bn | 5.10 Bn | 345.00 Mn | 7.68% |
| 5 | Signet Jewelers | 3.88 Bn | 3.35 Bn | 602.40 Mn | 2.02% |
| 6 | Academy Sports & Outdoors | 3.00 Bn | 2.70 Bn | 665.90 Mn | 7.05% |
| 7 | National Vision Holdings | 1.33 Bn | 1.30 Bn | 290.43 Mn | - |
| 8 | Gold.com | 1.32 Bn | 490.26 Mn | 110.30 Mn | 21.30% |
| 9 | Winmark | 1.02 Bn | 997.85 Mn | 21.15 Mn | 38.85% |
| 10 | Barnes & Noble Education | 369.06 Mn | 361.25 Mn | 57.05 Mn | -19.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.27% |
| May 2, 2026 | 6.44% |
| Jan 31, 2026 | 25.37% |
| Nov 1, 2025 | -2.86% |
| Aug 2, 2025 | 0.70% |
| May 3, 2025 | 4.95% |
| Feb 1, 2025 | 27.60% |
| Nov 2, 2024 | -6.76% |
| Aug 3, 2024 | 4.09% |
| May 4, 2024 | 2.51% |
| Feb 3, 2024 | 27.97% |
| Oct 28, 2023 | -7.11% |
| Jul 29, 2023 | 1.14% |
| Apr 29, 2023 | 7.41% |
| Jan 28, 2023 | 24.80% |
| Oct 29, 2022 | -2.17% |
| Jul 30, 2022 | 2.83% |
| Apr 30, 2022 | 15.14% |
| Jan 29, 2022 | 21.27% |
| Oct 30, 2021 | -1.89% |