Ulta Beauty (ULTA) Tax Rate (2010 - 2026)
Ulta Beauty (ULTA) reported Tax Rate of 24.45% for Q1 2026, down 803.0% on a YoY basis from 3.48% in Q1 2025, and up 1.67% quarter-over-quarter from 24.05% in Q4 2025.
Ulta Beauty (ULTA) Tax Rate (2010 - 2026) Analysis & Trends
Ulta Beauty has reported Tax Rate for 17 years, with the latest figure at 24.45% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 803.0% year-over-year to 24.45%; the trailing twelve-month figure through Jan 2026 stood at 24.42% (down 231.0% YoY), and the FY2026 full-year result was 24.42%, down 231.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.45%, up from 24.05% in the prior quarter.
- The five-year high for Tax Rate was 32.48% in Q1 2025, with the low at 18.35% in Q1 2024.
- Historically, Tax Rate has averaged 24.24% across 5 years, with a median of 24.32% in 2024.
- Annual changes were most pronounced in 2025 — Tax Rate surged 1414 bps — and 2026, when it tumbled 803 bps.
- Ulta Beauty's Tax Rate stood at 24.3% in 2022, then increased by 0 bps to 24.34% in 2023, then gained by 0 bps to 24.36% in 2024, then decreased by 1 bps to 24.05% in 2025, then advanced by 2 bps to 24.45% in 2026.
- The last three Tax Rate figures came in at 24.45% (Q1 2026), 24.05% (Q4 2025), and 24.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 24.13% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 24.31% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 24.45% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.71% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 23.24% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 26.98% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 24.82% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 22.64% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | -66.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |