Ulta Beauty, Inc. (ULTA) Earnings History
Annual and quarterly earnings data from 2002 to 2025
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ULTA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
ULTA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 39.1% | 39.1% | 9.3% |
| 2024 | 38.8% | 14.0% | 10.6% |
| 2023 | 39.1% | 15.0% | 11.5% |
| 2022 | 39.6% | 16.2% | 12.2% |
| 2021 | 39.0% | 14.5% | 11.4% |
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Ulta Beauty, Inc. (ULTA) Earnings Overview
As of May 6, 2026, Ulta Beauty, Inc. (ULTA) reported trailing twelve-month net income of $1.15B, reflecting +1.2% year-over-year growth. The company earned $25.64 per diluted share over the past four quarters, with a net profit margin of 9.3%.
Looking at the long-term picture, ULTA's 5-year EPS compound annual growth rate (CAGR) stands at +52.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.29B in fiscal 2023.
Ulta Beauty, Inc. maintains positive profitability with a gross margin of 39.1%, operating margin of 39.1%, and net margin of 9.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including BBWI ($649M net income, 8.9% margin), ELF ($104M net income, 8.5% margin), COTY (-$536M net income, -6.2% margin), ULTA has outperformed on profitability metrics. Compare ULTA vs BBWI →
ULTA Earnings vs Peers
Earnings metrics vs comparable public companies
ULTA Historical Earnings Data (2002–2025)
23 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.15B | -4.0% | $4.85B | $25.64 | 9.3% | 39.1% |
| 2024 | $1.20B | -7.0% | $1.58B | $25.34 | 10.6% | 14.0% |
| 2023 | $1.29B | +3.9% | $1.69B | $26.03 | 11.5% | 15.0% |
| 2022 | $1.24B | +26.0% | $1.65B | $24.01 | 12.2% | 16.2% |
| 2021 | $986M | +460.7% | $1.25B | $17.98 | 11.4% | 14.5% |
| 2020 | $176M | -75.1% | $314M | $3.11 | 2.9% | 5.1% |
| 2019 | $706M | +7.2% | $920M | $12.15 | 9.5% | 12.4% |
| 2018 | $659M | +18.6% | $874M | $10.94 | 9.8% | 13.0% |
| 2017 | $555M | +35.5% | $810M | $8.96 | 9.4% | 13.8% |
| 2016 | $410M | +28.0% | $673M | $6.52 | 8.4% | 13.9% |
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Start ComparisonULTA — Frequently Asked Questions
Quick answers to the most common questions about buying ULTA stock.
Is ULTA growing earnings?
ULTA EPS of $25.64 reflects slowing growth at +1.2%, below the 5-year CAGR of +52.5%. TTM net income is $1.2B. Expansion rate has moderated.
What are ULTA's profit margins?
Ulta Beauty, Inc. net margin is +9.3%, with operating margin at +39.1%. Margins sit within typical range for the sector.
How consistent are ULTA's earnings?
ULTA earnings data spans 2002-2025. The current earnings trend is +1.2% YoY. Historical data enables comparison across business cycles.