Ulta Beauty (ULTA) Return on Assets [ROA] (2011 - 2026)
Ulta Beauty's Return on Assets [ROA] was 17.55% in fiscal Q2 2027 (quarter ended Aug 1, 2026), down 1.51 percentage points from 19.06% a year earlier but up 0.37 percentage points from the prior quarter.
Ulta Beauty (ULTA) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Return on Assets [ROA] at Ulta Beauty came in at 17.80%, down 2.71 percentage points from FY2025.
- Return on Assets [ROA] has now declined for three consecutive fiscal years, though with a five-year change of +14.27 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Assets [ROA] was 20.52% in FY2025 (-2.79 pp), 23.31% in FY2024 (-1.21 pp), 24.52% in FY2023 (+4.51 pp) and 20.01% in FY2022 (+16.48 pp).
- Quarterly Return on Assets [ROA] has moved between 16.52% (fiscal Q4 2026) and 23.77% (fiscal Q2 2024) over five years.
- Compared with a year earlier, Return on Assets [ROA] has declined for 12 straight quarters, with an average year-over-year change of -2.55 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q4 2022 (a gain of 16.08 percentage points); the worst was fiscal Q4 2026 (a drop of 3.57 percentage points).
- Per Business Quant data, ULTA's Return on Assets [ROA] in the three fiscal quarters before Q2 2027 was 17.18% (Q1 2027), 16.52% (Q4 2026) and 17.48% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 13.15% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 13.10% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 16.56% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 11.99% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 16.86% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 7.42% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 15.44% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 15.05% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 11.98% |
| 10 | Ulta Beauty | 23.38 Bn | 22.24 Bn | 1.19 Bn | 17.55% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 17.55% |
| May 2, 2026 | 17.18% |
| Jan 31, 2026 | 16.52% |
| Nov 1, 2025 | 17.48% |
| Aug 2, 2025 | 19.06% |
| May 3, 2025 | 19.91% |
| Feb 1, 2025 | 20.09% |
| Nov 2, 2024 | 20.56% |
| Aug 3, 2024 | 21.28% |
| May 4, 2024 | 22.17% |
| Feb 3, 2024 | 22.85% |
| Oct 28, 2023 | 22.82% |
| Jul 29, 2023 | 23.77% |
| Apr 29, 2023 | 23.41% |
| Jan 28, 2023 | 23.22% |
| Oct 29, 2022 | 23.18% |
| Jul 30, 2022 | 22.73% |
| Apr 30, 2022 | 22.24% |
| Jan 29, 2022 | 19.61% |
| Oct 30, 2021 | 16.95% |
Ulta Beauty Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=ULTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=ULTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();