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

Ulta Beauty has reported FCF Margin for 17 years, with the latest figure at 35.64% in Q1 2026.

• For the quarter ending Q1 2026, FCF Margin fell 206.0% year-over-year to 35.64%; the trailing twelve-month figure through Jan 2026 stood at 11.85% (up 20.0% YoY), and the FY2026 full-year result was 11.85%, up 20.0% from the prior year.
• FCF Margin for Q1 2026 stood at 35.64%, up from 2.86% in the prior quarter.
• The five-year high for FCF Margin was 37.69% in Q1 2025, with the low at 11.99% in Q4 2024.
• Historically, FCF Margin has averaged 10.53% across 5 years, with a median of 6.73% in 2025.
• The largest YoY upside for FCF Margin was 1171 bps in 2024 against a maximum downside of 1520 bps in 2024.
• Ulta Beauty's FCF Margin stood at 1.76% in 2022, then jumped by 82 bps to 3.21% in 2023, then tumbled by 473 bps to 11.99% in 2024, then surged by 76 bps to 2.86% in 2025, then soared by 1347 bps to 35.64% in 2026.
• The last three FCF Margin figures came in at 35.64% (Q1 2026), 2.86% (Q4 2025), and 1.12% (Q3 2025), per Business Quant data.