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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Ulta Beauty (ULTA) Return on Capital Employed (2016 - 2026)

Ulta Beauty filings provide 16 years of Return on Capital Employed readings, the most recent being 32.06% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 519.0% to 32.06% in Q1 2026 year-over-year; TTM through Jan 2026 was 32.06%, a 519.0% decrease, with the full-year FY2026 number at 35.85%, down 256.0% from a year prior.
  • Return on Capital Employed hit 32.06% in Q1 2026 for Ulta Beauty, down from 36.71% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 45.53% in Q4 2022 to a low of 32.06% in Q1 2026.
  • Median Return on Capital Employed over the past 5 years was 39.96% (2024), compared with a mean of 40.38%.
  • Biggest five-year swings in Return on Capital Employed: surged 3090bps in 2022 and later tumbled -603bps in 2024.
  • Ulta Beauty's Return on Capital Employed stood at 45.53% in 2022, then dropped by -1bps to 44.87% in 2023, then decreased by -13bps to 38.84% in 2024, then dropped by -5bps to 36.71% in 2025, then decreased by -13bps to 32.06% in 2026.
  • The last three reported values for Return on Capital Employed were 32.06% (Q1 2026), 36.71% (Q4 2025), and 38.5% (Q3 2025) per Business Quant data.