Ulta Beauty (ULTA) Free Cash Flow (2010 - 2026)
Ulta Beauty's Free Cash Flow was $38.44 million in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 96.5% from $19.57 million a year earlier but down 81.1% from the prior quarter.
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Analysis
Ulta Beauty (ULTA) Free Cash Flow (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ulta Beauty's Free Cash Flow was $1.15 billion through Aug 1, 2026, up 20.7% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.07 billion, up 10.8% from FY2025.
- Free Cash Flow shows a five-year compound annual growth rate of 10.2% (FY2021 to FY2026).
- In earlier fiscal years, Free Cash Flow was $964.15 million in FY2025 (-7.4%), $1.04 billion in FY2024 (-11.0%), $1.17 billion in FY2023 (+31.9%) and $887.08 million in FY2022 (+34.7%).
- Quarterly Free Cash Flow has moved between -$177.08 million (fiscal Q3 2024) and $994.02 million (fiscal Q4 2024) over five years.
- Compared with a year earlier, Free Cash Flow has increased for three straight quarters, with growth averaging 27.6% over the last six quarters.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q2 2025 (growth of 260.5%); the worst was fiscal Q2 2026 (a decline of 81.2%).
- Per Business Quant data, ULTA's Free Cash Flow in the three fiscal quarters before Q2 2027 was $203.62 million (Q1 2027), $989.03 million (Q4 2026) and -$81.63 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,707.87 Bn | 2,224.56 Bn | 104.83 Bn | -8.82 Bn |
| 2 | Home Depot | 322.49 Bn | 315.73 Bn | 16.12 Bn | 4.51 Bn |
| 3 | Tjx Companies | 162.90 Bn | 140.44 Bn | 5.07 Bn | 1.73 Bn |
| 4 | Lowes Companies | 113.37 Bn | 106.34 Bn | 8.58 Bn | 3.12 Bn |
| 5 | O Reilly Automotive | 75.27 Bn | 74.35 Bn | 2.52 Bn | 698.90 Mn |
| 6 | Ross Stores | 74.90 Bn | 57.83 Bn | 2.12 Bn | 624.50 Mn |
| 7 | Target | 69.93 Bn | 64.52 Bn | 8.94 Bn | 2.43 Bn |
| 8 | Autozone | 53.20 Bn | 52.10 Bn | 2.52 Bn | 456.48 Mn |
| 9 | Carvana | 42.20 Bn | 32.69 Bn | 1.38 Bn | 187.00 Mn |
| 10 | Ulta Beauty | 27.15 Bn | 26.01 Bn | 1.19 Bn | 38.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 38.44 Mn |
| May 2, 2026 | 203.62 Mn |
| Jan 31, 2026 | 989.03 Mn |
| Nov 1, 2025 | -81.63 Mn |
| Aug 2, 2025 | 19.57 Mn |
| May 3, 2025 | 140.99 Mn |
| Feb 1, 2025 | 962.64 Mn |
| Nov 2, 2024 | -171.07 Mn |
| Aug 3, 2024 | 104.26 Mn |
| May 4, 2024 | 68.32 Mn |
| Feb 3, 2024 | 994.02 Mn |
| Oct 28, 2023 | -177.08 Mn |
| Jul 29, 2023 | 28.93 Mn |
| Apr 29, 2023 | 195.14 Mn |
| Jan 28, 2023 | 800.32 Mn |
| Oct 29, 2022 | -50.70 Mn |
| Jul 30, 2022 | 64.94 Mn |
| Apr 30, 2022 | 355.23 Mn |
| Jan 29, 2022 | 580.64 Mn |
| Oct 30, 2021 | -37.67 Mn |
API Access
Ulta Beauty Free Cash Flow 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=free-cash-flow&ticker=ULTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ULTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();