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

Ulta Beauty (ULTA) posted Tax Rate of 24.8% for Q1 2026, up 3.1% on a QoQ basis from 24.05% in Q4 2025, and down 768.0% year-over-year from 3.71% in Q1 2025.

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

Ulta Beauty's Tax Rate history runs 17 years deep, the most recent figure standing at 24.8% for Q1 2026.

  • Quarterly Tax Rate fell 768.0% year-over-year to 24.8% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 24.52% (down 220.0% YoY) and the FY2026 annual result came in at 24.52%, down 220.0% from the prior year.
  • Tax Rate was 24.8% for Q1 2026 at Ulta Beauty, up from 24.05% in the prior quarter.
  • Across five years, Tax Rate topped out at 32.48% in Q1 2025 and bottomed at 22.78% in Q2 2023.
  • A 5-year average of 24.61% and a median of 24.32% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2025 — Tax Rate soared 826 bps — and 2026, when it tumbled 768 bps.
  • Ulta Beauty's Tax Rate stood at 24.3% in 2022, then gained by 0 bps to 24.34% in 2023, then climbed by 0 bps to 24.36% in 2024, then dropped by 1 bps to 24.05% in 2025, then rose by 3 bps to 24.8% in 2026.
  • Business Quant data shows ULTA's Tax Rate at 24.8% 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 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 23.67%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 24.31%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 24.80%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 26.98%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 28.71%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -384.43%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 23.24%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 24.82%
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 22.64%

Historic Data

Download Data
DateValue
Jan 31, 2026 24.80%
Jan 31, 2026 24.80%
Jan 31, 2026 24.80%
Nov 1, 2025 24.05%
Nov 1, 2025 24.05%
Nov 1, 2025 24.05%
Aug 2, 2025 24.49%
Aug 2, 2025 24.49%
Aug 2, 2025 24.49%
May 3, 2025 24.58%
May 3, 2025 24.58%
May 3, 2025 24.58%
Feb 1, 2025 32.48%
Feb 1, 2025 32.48%
Feb 1, 2025 32.48%
Nov 2, 2024 24.36%
Nov 2, 2024 24.36%
Nov 2, 2024 24.36%
Aug 3, 2024 24.32%
Aug 3, 2024 24.32%