Ulta Beauty (ULTA) Tax Rate (2010 - 2026)

Ulta Beauty (ULTA) posted Tax Rate of 24.45% for Q1 2026, up 1.67% quarter-over-quarter from 24.05% in Q4 2025, and down 803.0% year-on-year from 3.48% in Q1 2025.

Ulta Beauty (ULTA) Tax Rate (2010 - 2026) Analysis & Trends

Ulta Beauty (ULTA) has reported Tax Rate for 17 consecutive years, with 24.45% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.45%, down 803.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 24.42% (down 231.0% YoY), and the FY2026 annual result was 24.42%, down 231.0% from the prior year.
  • Tax Rate was 24.45% for Q1 2026 at Ulta Beauty, up from 24.05% in the prior quarter.
  • Over five years, Tax Rate peaked at 32.48% in Q1 2025 and troughed at 18.35% in Q1 2024.
  • Average Tax Rate over 5 years is 24.24%, with a median of 24.32% recorded in 2024.
  • Year-over-year, Tax Rate jumped 1414 bps in 2025 and sank 803 bps in 2026.
  • Over 5 years, Tax Rate stood at 24.3% in 2022, then advanced by 0 bps to 24.34% in 2023, then grew by 0 bps to 24.36% in 2024, then declined by 1 bps to 24.05% in 2025, then increased by 2 bps to 24.45% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 24.45% in Q1 2026, 24.05% in Q4 2025, and 24.49% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 23.67%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 24.31%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 28.71%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 23.24%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 26.98%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 22.64%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 24.82%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 22.01%
10 Ulta Beauty 204.65 Mn -289.59 Mn 1.48 Bn 24.45%

Historic Data

Download Data
DateValue
Jan 31, 2026 24.45%
Jan 31, 2026 24.45%
Nov 1, 2025 24.05%
Nov 1, 2025 24.05%
Aug 2, 2025 24.49%
Aug 2, 2025 24.49%
May 3, 2025 24.58%
May 3, 2025 24.58%
Feb 1, 2025 32.48%
Feb 1, 2025 32.48%
Nov 2, 2024 24.36%
Nov 2, 2024 24.36%
Aug 3, 2024 24.32%
Aug 3, 2024 24.32%
May 4, 2024 23.23%
May 4, 2024 23.23%
Feb 3, 2024 18.35%
Feb 3, 2024 18.35%
Oct 28, 2023 24.34%
Oct 28, 2023 24.34%