Ulta Beauty (ULTA) Tax Rate (2010 - 2026)
Ulta Beauty's Tax Rate came in at 24.44% for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 0.05 percentage points from 24.49% a year earlier but up 0.63 percentage points from the prior quarter.
Ulta Beauty (ULTA) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 1, 2026, Ulta Beauty reported Tax Rate of 24.19%, down 0.18 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 24.42%, up 0.43 percentage points from FY2025.
- Tax Rate carries a five-year change of +0.51 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 23.98% in FY2025 (+0.12 pp), 23.86% in FY2024 (-0.54 pp), 24.41% in FY2023 (+0.48 pp) and 23.92% in FY2022 (+0.01 pp).
- The five-year range for quarterly Tax Rate is 22.78% (fiscal Q1 2024) to 24.61% (fiscal Q4 2023).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.08 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2023 (a gain of 1.74 percentage points), and the weakest in fiscal Q1 2024 (a drop of 1.44 percentage points).
- Business Quant data shows ULTA's Tax Rate at 23.80% (Q1 2027), 24.45% (Q4 2026) and 24.05% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 22.51% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 24.53% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 24.68% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 24.44% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 24.98% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 23.67% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 22.62% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 11.40% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 21.12% |
| 10 | Ulta Beauty | 23.38 Bn | 22.24 Bn | 1.19 Bn | 24.44% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 24.44% |
| May 2, 2026 | 23.80% |
| Jan 31, 2026 | 24.45% |
| Nov 1, 2025 | 24.05% |
| Aug 2, 2025 | 24.49% |
| May 3, 2025 | 24.58% |
| Feb 1, 2025 | 24.13% |
| Nov 2, 2024 | 24.36% |
| Aug 3, 2024 | 24.32% |
| May 4, 2024 | 23.23% |
| Feb 3, 2024 | 24.22% |
| Oct 28, 2023 | 24.34% |
| Jul 29, 2023 | 24.23% |
| Apr 29, 2023 | 22.78% |
| Jan 28, 2023 | 24.61% |
| Oct 29, 2022 | 24.30% |
| Jul 30, 2022 | 24.48% |
| Apr 30, 2022 | 24.22% |
| Jan 29, 2022 | 22.87% |
| Oct 30, 2021 | 24.15% |
Ulta Beauty Tax Rate 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=tax-rate&ticker=ULTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ULTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();