Ulta Beauty, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 8.63B | 10.21B | 11.21B | 11.30B | 12.39B | 9.7% | |
| Cost of Revenue | (5.26B) | (6.16B) | (6.83B) | (6.91B) | (7.55B) | 9.3% | |
Gross Profit | 3.37B | 4.04B | 4.38B | 4.39B | 4.85B | 10.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (2.12B) | (2.40B) | (2.69B) | (2.81B) | (3.30B) | 17.4% | |
| Depreciation & Amortization | (268.46M) | (241.37M) | (243.84M) | (267.04M) | (300.77M) | 12.6% | |
Operating Income (EBIT) | 1.25B | 1.65B | 1.69B | 1.58B | 1.55B | -1.9% | |
| Non-Operating Items | |||||||
| Interest Income | — | 4.93M | 17.62M | 15.09M | — | -100.0% | |
| Interest Expense | (1.66M) | — | — | — | (1.79M) | — | |
| Other Income/Expenses (Net) | 45.25M | -5.67M | 9.11M | 1.41M | -17.61M | -1353.2% | |
Income Before Tax | 1.30B | 1.64B | 1.70B | 1.58B | 1.53B | -3.1% | |
| Income Tax Expense | (309.99M) | (401.14M) | (404.65M) | (378.95M) | (373.87M) | -1.3% | |
Net Income | 985.84M | 1.24B | 1.29B | 1.20B | 1.15B | -4.0% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $18 | $24 | $26 | $25 | $26 | 1.1% | |
| Weighted Avg Shares Outstanding | 54.48M | 51.40M | 49.30M | 47.21M | 44.84M | -5.0% | |
| Weighted Avg Shares Outstanding (Diluted) | 54.84M | 51.74M | 49.60M | 47.40M | 44.99M | -5.1% | |
EBITDA | 1.57B | 1.88B | 1.94B | 1.85B | 1.83B | -0.7% |
Explore ULTA
ULTA in the Consumer Cyclical
Large Cap