ULTA

Ulta Beauty, Inc.

Ticker: ULTAConsumer DiscretionaryRetailS&P 500
HQ BOLINGBROOK, ILCIK 1403568FY end 01-30Book / share $60.76Shares 44M
Revenue (FY)
$12.39B+9.71%
TTM $12.96B
Op. margin
12.37%-1.48%
TTM 12.46%
Net income
$1.15B-3.97%
TTM $1.21B
Operating cash
$1.50B+12.26%
TTM $1.57B
Free cash flow
$1.07B+10.77%
TTM $1.15B
Return on equity
41.14%-7.12%
TTM 45.77%
Debt / equity
0.02
TTM 0.13
Shares outstanding
45.0M-5.09%
TTM 43.5M

The business

Ulta Beauty, Inc. (NASDAQ: ULTA) operates as an international specialty beauty retailer headquartered in the United States with a comprehensive digital presence at www.ulta.com. The company functions as a premier destination for cosmetics, fragrance, skin care products, wellness items, hair care products, and salon services, serving beauty enthusiasts across multiple demographics and shopping behaviors.

The company's core business centers on Ulta U.S., which operates more than 1,500 retail stores predominantly located in convenient, high-traffic power strip centers. The typical store spans approximately 10,000 square feet, including roughly 950 square feet dedicated to full-service salon operations. Ulta U.S. also offers a smaller footprint prototype ranging from 5,000 to 7,500 square feet to access smaller markets. The company employs approximately 65,000 associates in the U.S., 1,800 in the U.K. and Ireland, and 20 in Uruguay, with roughly 32 percent full-time and 68 percent part-time positions.

Ulta Beauty's assortment encompasses approximately 30,000 products from roughly 600 established and emerging beauty and wellness brands across all categories and price points. The company's top ten brand partners, including L'Oréal and Estée Lauder Companies, represented approximately 51 percent of total net sales. The Ulta Beauty Rewards loyalty program boasts more than 46 million members, with approximately 95 percent of total sales generated from members.

Beyond its U.S. operations, the company has expanded internationally through Space NK Limited, a luxury beauty retailer operating 84 stores in the United Kingdom and two in Ireland following the company's acquisition in July 2025. The company also maintains a joint venture in Mexico with Grupo Axo and a franchise partnership in the Middle East with Alshaya Group.

The company operates a sophisticated omnichannel model featuring owned distribution centers, market fulfillment centers, and a fast fulfillment center supporting both stores and e-commerce demand. Ulta Beauty also launched UB Marketplace, an integrated online marketplace offering complementary beauty, wellness, and lifestyle products from over 200 brands. The company's retail media network, Ulta Beauty Media, enables brand partners to connect with beauty enthusiasts across various advertising channels.

Sector
Consumer Discretionary
Industry
Retail
HQ
BOLINGBROOK, IL
FY end
01-30
CIK
1403568
SIC
5990
Financial performance · annual
20142026
$-1.30B$2.59B$6.48B$10.36B$14.25B2014201520162017201820192020202120222023202420252026TTMTTMTTM

Ownership

Who holds Ulta Beauty, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

790
funds hold it
1 of 35
superinvestors hold it
$7.27B
fund-held value
35.7%
of shares held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%$623.68M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%$508.42M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.19%$425.67M
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.03%$288.88M
iShares Core S&P 500 ETF
IVV · iShares Trust
0.03%$270.03M

Superinvestors in Ulta Beauty, Inc.

Bill SmeadDECREASED -5.5%
Smead Capital Management
1.1%

Share of each manager's reported 13F portfolio.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of Ulta Beauty, Inc.'s financials

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