Ulta Beauty, Inc. (ULTA) Income statement

Market cap

$22.8B

P/E ratio

20.3x

	2012/01	2013/02	2014/02	2015/01	2016/01	2017/01	2018/02	2019/02	2020/02	2021/01	2022/01	2023/01	2024/02	2025/02	2026/01
Revenue	1,776	2,220	2,671	3,241	3,924	4,855	5,885	6,717	7,398	6,152	8,631	10,209	11,207	11,296	12,393
Revenue growth (%)	-
Cost of revenue	1,159	1,437	1,729	2,105	2,540	3,108	3,788	4,307	4,717	4,203	5,262	6,164	6,826	6,908	7,548
Gross profit	617	784	941	1,137	1,384	1,747	2,097	2,409	2,681	1,949	3,369	4,045	4,381	4,387	4,845
Gross margin (%)
Selling, general & administrative	411	489	596	712	863	1,074	1,287	1,535	1,761	1,583	2,062	2,395	2,695	2,809	3,296
Operating margin (%)
Operating income	196	280	328	410	506	655	785	854	901	237	1,297	1,639	1,678	1,565	1,533
Income before tax	196	280	328	411	507	656	787	859	906	231	1,296	1,644	1,696	1,580	1,531
Pretax margin (%)	11	12.6	12.3	12.7	12.9	13.5	13.4	12.8	12.2	3.8	15	16.1	15.1	14	12.4
Provision for income taxes	75	107	125	154	187	246	232	201	200	55	310	401	405	379	374
Effective tax rate (%)
Net income	120	173	203	257	320	410	555	659	706	176	986	1,242	1,291	1,201	1,153
Net income margin (%)
Earnings per share	1.96	2.73	3.17	4	5	6.55	9.02	11	12.21	3.12	18.09	24.17	26.18	25.44	25.72
Diluted EPS	1.9	2.68	3.15	3.98	4.98	6.52	8.96	10.94	12.15	3.11	17.98	24.01	26.03	25.34	25.64
Dividend payout ratio (%)	-		-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend per share	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA
EBITDA margin (%)