The full income statement, balance sheet, and cash-flow statement for Ulta Beauty Inc. (ULTA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Revenue | 12.4B+9.7% | 11.3B+0.8% | 11.2B+9.8% | 10.2B+18.3% | 8.63B+40.3% | |
| 4.85B+10.4% | 4.39B+0.1% | 4.38B+8.3% | 4.04B+20.1% | 3.37B+72.8% | ||
| Cost of revenue | 7.55B+9.3% | 6.91B+1.2% | 6.83B+10.7% | 6.16B+17.1% | 5.26B+25.2% | |
| Selling, general & administrative | 3.30B+17.4% | 2.81B+4.2% | 2.69B+12.5% | 2.40B+16.2% | 2.06B+30.2% | |
| Amortization of intangibles | 204K-33.3% | 306K-65.6% | 889K-12.3% | 1.01M+9.5% | 926K+0.0% | |
| Operating income | 1.53B-2.0% | 1.56B-6.7% | 1.68B+2.4% | 1.64B+26.3% | 1.30B+447.9% | |
| Equity-method income | -3.86M | — | — | — | — | |
| Pre-tax income | 1.53B-3.1% | 1.58B-6.8% | 1.70B+3.2% | 1.64B+26.8% | 1.30B+460.8% | |
| Income tax | 374M-1.3% | 379M-6.4% | 405M+0.9% | 401M+29.4% | 310M+461.1% | |
| 1.15B-4.0% | 1.20B-7.0% | 1.29B+3.9% | 1.24B+26.0% | 986M+460.7% | ||
| Net income to common | 1.15B-4.0% | 1.20B-7.0% | 1.29B+3.9% | 1.24B+26.0% | 986M+460.7% | |
| $25.64+1.2% | $25.34-2.7% | $26.03+8.4% | $24.01+33.5% | $17.98+478.1% | ||
| EPS (basic) | $25.72+1.1% | $25.44-2.8% | $26.18+8.3% | $24.17+33.6% | $18.09+479.8% | |
| Weighted-avg shares (basic) | 44.8M-5.0% | 47.2M-4.3% | 49.3M-4.1% | 51.4M-5.7% | 54.5M-3.3% | |
| Weighted-avg shares (diluted) | 45.0M-5.1% | 47.4M-4.4% | 49.6M-4.1% | 51.7M-5.7% | 54.8M-3.0% | |
| Balance Sheet | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 3.14B+3.8% | 3.03B+6.8% | 2.84B+4.7% | 2.71B+18.8% | 2.28B-9.3% | ||
| Cash & equivalents | 424M-39.7% | 703M-8.3% | 767M+3.9% | 738M+71.0% | 432M-58.7% | |
| Short-term investments | 70.0M | — | — | — | — | |
| Accounts receivable | 296M+32.6% | 223M+7.4% | 208M+4.3% | 199M-14.7% | 234M+21.0% | |
| Prepaid expenses | 169M+31.2% | 129M+11.7% | 116M-11.2% | 130M+17.5% | 111M+3.2% | |
| 7.00B+16.6% | 6.00B+5.2% | 5.71B+6.3% | 5.37B+12.7% | 4.76B-6.4% | ||
| Property, plant & equipment | 1.43B+15.7% | 1.24B+4.8% | 1.18B+17.1% | 1.01B+10.4% | 914M-8.2% | |
| Operating lease right-of-use | 1.81B+12.6% | 1.61B+2.2% | 1.57B+0.8% | 1.56B+5.3% | 1.48B-1.5% | |
| Goodwill | 226M+1983.0% | 10.9M+0.0% | 10.9M+0.0% | 10.9M+0.0% | 10.9M+0.0% | |
| Intangible assets | — | 204K-60.0% | 510K-61.1% | 1.31M | — | |
| Other non-current assets | 125M+93.1% | 64.7M+10.2% | 58.7M+36.6% | 43.0M+20.6% | 35.6M+26.3% | |
| 2.22B+25.0% | 1.78B+7.3% | 1.66B-1.4% | 1.68B+7.9% | 1.56B+15.9% | ||
| Accounts payable | 686M+21.7% | 564M+3.6% | 544M-2.8% | 560M+1.2% | 553M+15.9% | |
| Accrued liabilities | 551M+45.0% | 380M-0.6% | 382M-13.9% | 444M+21.8% | 365M+23.1% | |
| Deferred revenue | 582M+16.3% | 501M+14.7% | 437M+10.6% | 395M+11.6% | 354M+28.9% | |
| Short-term & current debt | 62.3M | — | — | — | — | |
| Current lease liability | 307M+6.4% | 288M+1.5% | 284M+0.2% | 283M+3.3% | 274M+8.2% | |
| 4.20B+19.4% | 3.51B+2.5% | 3.43B+0.5% | 3.41B+5.6% | 3.23B+4.5% | ||
| Non-current lease liability | 1.81B+10.9% | 1.64B+0.5% | 1.63B+0.5% | 1.62B+3.0% | 1.57B-4.3% | |
| Operating lease liability (total) | 2.12B+10.2% | 1.92B+0.6% | 1.91B+0.4% | 1.90B+3.1% | 1.85B-2.6% | |
| Deferred tax liabilities | 98.8M+131.9% | 42.6M-50.4% | 85.9M+55.2% | 55.3M+39.4% | 39.7M-39.3% | |
| Other non-current liabilities | 59.6M+6.2% | 56.1M-0.3% | 56.3M+5.0% | 53.6M-8.6% | 58.7M+54.5% | |
| 2.80B+12.7% | 2.49B+9.2% | 2.28B+16.3% | 1.96B+27.6% | 1.54B-23.2% | ||
| Common stock | 450K-3.8% | 468K-4.7% | 491K-3.9% | 511K-3.6% | 530K-6.9% | |
| Additional paid-in capital | 1.18B+5.5% | 1.12B+4.2% | 1.08B+5.0% | 1.02B+9.5% | 935M+10.3% | |
| Retained earnings | 1.74B+17.8% | 1.47B+14.5% | 1.29B+29.2% | 996M+52.4% | 653M-45.1% | |
| Treasury stock | 120M+12.8% | 107M+28.6% | 83.0M+37.3% | 60.5M+13.1% | 53.5M+41.5% | |
| Accumulated other comprehensive income | 3.76M | — | — | — | — | |
| Total equity incl. non-controlling | 2.80B+12.7% | 2.49B+9.2% | 2.28B+16.3% | 1.96B+27.6% | 1.54B-23.2% | |
| Total liabilities & equity | 7.00B+16.6% | 6.00B+5.2% | 5.71B+6.3% | 5.37B+12.7% | 4.76B-6.4% | |
| Common shares issued | 45.0M-3.8% | 46.8M-4.7% | 49.1M-3.9% | 51.1M-3.6% | 53.0M-6.9% | |
| Common shares outstanding | 44.2M-3.9% | 46.0M-4.9% | 48.3M-4.1% | 50.4M-3.7% | 52.3M-7.0% | |
| Shares outstanding (cover) | 43.7M-3.5% | 45.3M-6.1% | 48.3M-3.8% | 50.2M-4.1% | 52.3M-6.9% | |
| Treasury shares | 882K+4.5% | 844K+5.6% | 799K+5.7% | 756K+2.4% | 738K+6.6% | |
| Cash Flow | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 1.50B+12.3% | 1.34B-9.3% | 1.48B-0.4% | 1.48B+39.9% | 1.06B+30.7% | ||
| Depreciation & amortization | 301M+12.6% | 267M+9.5% | 244M+1.0% | 241M-10.1% | 268M-9.8% | |
| Intangible amortization | 204K-33.3% | 306K-65.6% | 889K-12.3% | 1.01M+9.5% | 926K+0.0% | |
| Share-based compensation | 37.4M-12.5% | 42.8M-11.3% | 48.2M+12.1% | 43.0M-8.9% | 47.3M+71.3% | |
| Deferred income taxes | -1.64M+96.2% | -43.3M-241.7% | 30.6M+95.3% | 15.7M+161.0% | -25.7M-6.9% | |
| Change in inventory | 136M-39.9% | 226M+63.0% | 139M+33.1% | 104M-68.5% | 331M+363.8% | |
| Change in payables | 89.1M+194.0% | 30.3M+245.1% | -20.9M-351.2% | 8.31M-87.4% | 66.2M+6.1% | |
| -931M-143.1% | -383M+13.2% | -441M-40.3% | -315M-78.3% | -176M-262.0% | ||
| Capital expenditure | 435M+16.1% | 374M-14.0% | 435M+39.5% | 312M+81.3% | 172M+13.4% | |
| Free cash flow | 1.07B+10.8% | 964M-7.4% | 1.04B-11.0% | 1.17B+31.9% | 887M+34.7% | |
| Acquisitions | 387M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| -851M+16.5% | -1.02B-1.3% | -1.01B-16.9% | -861M+42.5% | -1.50B-1287.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | — | 200M+2.2% | 195M | 0.00 | 0.00-100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 901M-10.2% | 1.00B+0.8% | 996M+10.6% | 900M-40.9% | 1.52B+1224.6% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | — | — | — | — | -56.0K-200.0% | |
| Net change in cash | -279M-340.0% | -63.4M-320.8% | 28.7M-90.6% | 306M+149.8% | -614M-194.0% | |
| Interest paid | 9.67M+132.6% | 4.16M+25.0% | 3.33M+55.6% | 2.14M+0.3% | 2.13M-69.5% | |
| Income taxes paid | 382M-1.1% | 386M+17.6% | 328M-23.6% | 430M+16.0% | 371M+1805.2% | |
| Valuation Ratios | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Market cap | 28.7B+50.3% | 19.1B-22.1% | 24.5B-4.6% | 25.7B+32.5% | 19.4B+23.2% | |
| P/E | 24.1×+51.8% | 15.9×-19.8% | 19.8×-8.2% | 21.6×-3.4% | 22.4×-67.8% | |
| P/S | 2.4×+42.5% | 1.7×-25.4% | 2.3×-14.9% | 2.6×+10.5% | 2.4×-4.8% | |
| P/B | 10.9×+32.9% | 8.2×-32.2% | 12.1×-9.6% | 13.4×+36.9% | 9.8×+15.0% | |
| P/FCF | 27.6×+43.6% | 19.2×-33.7% | 29.0×+6.9% | 27.1×+14.7% | 23.6×-5.8% | |
| Earnings yield | 4.1%-34.1% | 6.3%+24.7% | 5.0%+8.9% | 4.6%+3.6% | 4.5%+210.2% | |
| FCF yield | 3.6%-30.4% | 5.2%+50.9% | 3.5%-6.5% | 3.7%-12.8% | 4.2%+6.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
Source: ULTA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ULTA filings on SEC EDGAR → Not investment advice.
