Ulta Beauty (ULTA) Leases (2019 - 2026)
Ulta Beauty (ULTA) reported Leases of $1.8 billion for Q1 2026, up 12.62% on a YoY basis from $1.6 billion in Q1 2025, and up 5.98% quarter-over-quarter from $1.7 billion in Q4 2025.
Ulta Beauty (ULTA) Leases (2019 - 2026) Analysis & Trends
Ulta Beauty has reported Leases for 8 years, with the latest figure at $1.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Leases rose 12.62% year-over-year to $1.8 billion; the trailing twelve-month figure through Jan 2026 stood at $1.8 billion (up 12.62% YoY), and the FY2026 full-year result was $1.8 billion, up 12.62% from the prior year.
- Leases for Q1 2026 stood at $1.8 billion, up from $1.7 billion in the prior quarter.
- The five-year high for Leases was $1.8 billion in Q1 2026, with the low at $1.5 billion in Q1 2022.
- Historically, Leases has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2024.
- Annual changes were most pronounced in 2022 — Leases retreated 1.49% — and 2026, when it increased 12.62%.
- Ulta Beauty's Leases stood at $1.6 billion in 2022, then gained by 1.37% to $1.6 billion in 2023, then increased by 2.58% to $1.6 billion in 2024, then grew by 5.67% to $1.7 billion in 2025, then rose by 5.98% to $1.8 billion in 2026.
- The last three Leases figures came in at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | - |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 1.27 Bn |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.81 Bn |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 4.59 Bn |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 4.03 Bn |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 2.87 Bn |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | 393,933.33 |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 1.77 Bn |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 523.70 Mn |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 183.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.81 Bn |
| Nov 1, 2025 | 1.71 Bn |
| Aug 2, 2025 | 1.68 Bn |
| May 3, 2025 | 1.66 Bn |
| Feb 1, 2025 | 1.61 Bn |
| Nov 2, 2024 | 1.62 Bn |
| Aug 3, 2024 | 1.60 Bn |
| May 4, 2024 | 1.56 Bn |
| Feb 3, 2024 | 1.57 Bn |
| Oct 28, 2023 | 1.58 Bn |
| Jul 29, 2023 | 1.55 Bn |
| Apr 29, 2023 | 1.56 Bn |
| Jan 28, 2023 | 1.56 Bn |
| Oct 29, 2022 | 1.56 Bn |
| Jul 30, 2022 | 1.51 Bn |
| Apr 30, 2022 | 1.49 Bn |
| Jan 29, 2022 | 1.48 Bn |
| Oct 30, 2021 | 1.46 Bn |
| Jul 31, 2021 | 1.47 Bn |
| May 1, 2021 | 1.49 Bn |