ULTA Financial Statements

Balance sheet, income statement, cash flow, and dividends for Ulta Beauty Inc (ULTA).


$19.11B Market Cap.

As of 03/27/2025 5:00 PM ET (MRY) • Disclaimer

ULTA Market Cap. (MRY)


ULTA Shares Outstanding (MRY)


ULTA Assets (MRY)


Total Assets

$6.00B

Total Liabilities

$3.51B

Total Investments

$0

ULTA Income (MRY)


Revenue

$11.30B

Net Income

$1.20B

Operating Expense

$2.82B

ULTA Cash Flow (MRY)


CF Operations

$1.34B

CF Investing

-$383.09M

CF Financing

-$1.02B

ULTA Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

ULTA Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$6,001,693,000 (5.16%)

$5,707,011,000 (6.27%)

$5,370,411,000 (12.72%)

$4,764,379,000 (-6.40%)

Assets Current

$3,028,808,000 (6.78%)

$2,836,518,000 (4.70%)

$2,709,304,000 (18.77%)

$2,281,183,000 (-9.29%)

Assets Non-Current

$2,972,885,000 (3.57%)

$2,870,493,000 (7.87%)

$2,661,107,000 (7.16%)

$2,483,196,000 (-3.57%)

Goodwill & Intangible Assets

$11,074,000 (-2.69%)

$11,380,000 (-6.58%)

$12,182,000 (-1.82%)

$12,408,000 (-6.95%)

Shareholders Equity

$2,488,353,000 (9.17%)

$2,279,328,000 (16.30%)

$1,959,811,000 (27.64%)

$1,535,373,000 (-23.21%)

Property Plant & Equipment Net

$2,849,165,000 (3.35%)

$2,756,865,000 (7.25%)

$2,570,536,000 (7.25%)

$2,396,732,000 (-4.15%)

Cash & Equivalents

$703,201,000 (-8.27%)

$766,594,000 (3.89%)

$737,877,000 (70.98%)

$431,560,000 (-58.74%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$500,585,000 (14.66%)

$436,591,000 (10.62%)

$394,677,000 (11.62%)

$353,579,000 (28.86%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$1,968,214,000 (12.98%)

$1,742,136,000 (8.65%)

$1,603,451,000 (6.95%)

$1,499,218,000 (28.33%)

Trade & Non-Trade Receivables

$223,334,000 (7.40%)

$207,939,000 (4.27%)

$199,422,000 (-14.66%)

$233,682,000 (21.01%)

Trade & Non-Trade Payables

$563,761,000 (3.63%)

$544,001,000 (-2.77%)

$559,527,000 (1.23%)

$552,730,000 (15.86%)

Accumulated Retained Earnings (Deficit)

$1,473,909,000 (14.54%)

$1,286,765,000 (29.22%)

$995,773,000 (52.40%)

$653,376,000 (-45.07%)

Tax Assets

$4,946,000 (16.35%)

$4,251,000 (-88.90%)

$38,308,000 (548.30%)

$5,909,000 (0%)

Tax Liabilities

$89,370,000 (-8.08%)

$97,231,000 (75.68%)

$55,346,000 (5.46%)

$52,479,000 (-51.36%)

Total Debt

$1,923,234,000 (0.64%)

$1,911,092,000 (0.42%)

$1,903,176,000 (3.06%)

$1,846,756,000 (-2.64%)

Debt Current

$288,114,000 (1.51%)

$283,821,000 (0.19%)

$283,293,000 (3.35%)

$274,118,000 (8.17%)

Debt Non-Current

$1,635,120,000 (0.48%)

$1,627,271,000 (0.46%)

$1,619,883,000 (3.00%)

$1,572,638,000 (-4.31%)

Total Liabilities

$3,513,340,000 (2.50%)

$3,427,683,000 (0.50%)

$3,410,600,000 (5.62%)

$3,229,006,000 (4.48%)

Liabilities Current

$1,779,478,000 (7.31%)

$1,658,191,000 (-1.40%)

$1,681,775,000 (7.94%)

$1,558,010,000 (15.95%)

Liabilities Non-Current

$1,733,862,000 (-2.01%)

$1,769,492,000 (2.35%)

$1,728,825,000 (3.46%)

$1,670,996,000 (-4.33%)

ULTA Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$11,295,654,000 (0.79%)

$11,207,303,000 (9.78%)

$10,208,580,000 (18.28%)

$8,630,889,000 (40.30%)

Cost of Revenue

$6,908,401,000 (1.20%)

$6,826,203,000 (10.74%)

$6,164,070,000 (17.14%)

$5,262,335,000 (25.21%)

Selling General & Administrative Expense

$2,808,592,000 (4.23%)

$2,694,561,000 (12.49%)

$2,395,299,000 (16.19%)

$2,061,545,000 (30.23%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$2,822,281,000 (4.41%)

$2,703,071,000 (12.35%)

$2,405,900,000 (16.17%)

$2,071,062,000 (20.95%)

Interest Expense

$0 (0%)

-$17,622,000 (-257.15%)

-$4,934,000 (-396.69%)

$1,663,000 (-71.00%)

Income Tax Expense

$378,948,000 (-6.35%)

$404,646,000 (0.88%)

$401,136,000 (29.40%)

$309,992,000 (461.07%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$1,201,118,000 (-6.96%)

$1,291,005,000 (3.91%)

$1,242,408,000 (26.03%)

$985,837,000 (460.66%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$1,201,118,000 (-6.96%)

$1,291,005,000 (3.91%)

$1,242,408,000 (26.03%)

$985,837,000 (460.66%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$1,201,118,000 (-6.96%)

$1,291,005,000 (3.91%)

$1,242,408,000 (26.03%)

$985,837,000 (460.66%)

Weighted Average Shares

$47,207,000 (-4.25%)

$49,304,000 (-4.08%)

$51,403,000 (-5.65%)

$54,482,000 (-3.32%)

Weighted Average Shares Diluted

$47,404,000 (-4.42%)

$49,596,000 (-4.14%)

$51,738,000 (-5.66%)

$54,841,000 (-3.04%)

Earning Before Interest & Taxes (EBIT)

$1,580,066,000 (-5.84%)

$1,678,029,000 (2.41%)

$1,638,610,000 (26.29%)

$1,297,492,000 (447.88%)

Gross Profit

$4,387,253,000 (0.14%)

$4,381,100,000 (8.32%)

$4,044,510,000 (20.07%)

$3,368,554,000 (72.82%)

Operating Income

$1,564,972,000 (-6.74%)

$1,678,029,000 (2.41%)

$1,638,610,000 (26.29%)

$1,297,492,000 (447.88%)

ULTA Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$383,089,000 (13.22%)

-$441,425,000 (-40.32%)

-$314,584,000 (-78.25%)

-$176,484,000 (-262.01%)

Net Cash Flow from Financing

-$1,018,909,000 (-1.27%)

-$1,006,124,000 (-16.85%)

-$861,014,000 (42.49%)

-$1,497,216,000 (-1287.16%)

Net Cash Flow from Operations

$1,338,605,000 (-9.32%)

$1,476,266,000 (-0.38%)

$1,481,915,000 (39.90%)

$1,059,265,000 (30.72%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$63,393,000 (-320.75%)

$28,717,000 (-90.63%)

$306,317,000 (149.85%)

-$614,491,000 (-194.00%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$8,631,000 (-40.16%)

-$6,158,000 (-150.53%)

-$2,458,000 (42.80%)

-$4,297,000 (-104.12%)

Capital Expenditure

-$374,458,000 (13.97%)

-$435,267,000 (-39.45%)

-$312,126,000 (-81.27%)

-$172,187,000 (-13.38%)

Issuance (Repayment) of Debt Securities

-$4,159,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

-$1,014,750,000 (-0.86%)

-$1,006,124,000 (-16.85%)

-$861,014,000 (42.49%)

-$1,497,216,000 (-1312.21%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

-$56,000 (-200.00%)

Share Based Compensation

$42,787,000 (-11.31%)

$48,246,000 (12.09%)

$43,044,000 (-8.92%)

$47,259,000 (71.33%)

Depreciation Amortization & Accretion

$577,678,000 (0.19%)

$576,594,000 (6.13%)

$543,284,000 (-0.26%)

$544,689,000 (-3.74%)

ULTA Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

38.80% (-0.77%)

39.10% (-1.26%)

39.60% (1.54%)

39.00% (23.03%)

Profit Margin

10.60% (-7.83%)

11.50% (-5.74%)

12.20% (7.02%)

11.40% (293.10%)

EBITDA Margin

19.10% (-4.98%)

20.10% (-6.07%)

21.40% (0.47%)

21.30% (63.85%)

Return on Average Equity (ROAE)

50.80% (-17.53%)

61.60% (-8.33%)

67.20% (23.53%)

54.40% (472.63%)

Return on Average Assets (ROAA)

20.60% (-12.71%)

23.60% (-2.07%)

24.10% (22.96%)

19.60% (476.47%)

Return on Sales (ROS)

14.00% (-6.67%)

15.00% (-6.83%)

16.10% (7.33%)

15.00% (294.74%)

Return on Invested Capital (ROIC)

28.00% (-11.95%)

31.80% (-5.07%)

33.50% (20.07%)

27.90% (534.09%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

16.2 (-16.07%)

19.3 (-7.74%)

20.92 (5.47%)

19.84 (-77.88%)

Price to Sales Ratio (P/S)

1.72 (-22.54%)

2.22 (-12.69%)

2.55 (12.41%)

2.27 (-11.63%)

Price to Book Ratio (P/B)

7.68 (-28.66%)

10.77 (-17.99%)

13.13 (3.80%)

12.65 (60.47%)

Debt to Equity Ratio (D/E)

1.41 (-6.12%)

1.5 (-13.56%)

1.74 (-17.26%)

2.1 (36.03%)

Earnings Per Share (EPS)

25.44 (-2.83%)

26.18 (8.32%)

24.17 (33.61%)

18.09 (479.81%)

Sales Per Share (SPS)

239.28 (5.27%)

227.31 (14.46%)

198.6 (25.36%)

158.42 (45.11%)

Free Cash Flow Per Share (FCFPS)

20.42 (-3.27%)

21.11 (-7.22%)

22.76 (39.77%)

16.28 (39.34%)

Book Value Per Share (BVPS)

52.71 (14.02%)

46.23 (21.26%)

38.13 (35.29%)

28.18 (-20.58%)

Tangible Assets Book Value Per Share (TABVPS)

126.9 (9.85%)

115.52 (10.82%)

104.24 (19.51%)

87.22 (-3.18%)

Enterprise Value Over EBIT (EV/EBIT)

13 (-18.75%)

16 (-5.88%)

17 (6.25%)

16 (-77.78%)

Enterprise Value Over EBITDA (EV/EBITDA)

9.77 (-16.95%)

11.76 (-6.26%)

12.55 (11.91%)

11.21 (-47.42%)

Asset Turnover

1.94 (-5.28%)

2.04 (3.49%)

1.98 (15.02%)

1.72 (46.59%)

Current Ratio

1.7 (-0.53%)

1.71 (6.21%)

1.61 (10.04%)

1.46 (-21.79%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$964,147,000 (-7.38%)

$1,040,999,000 (-11.01%)

$1,169,789,000 (31.87%)

$887,078,000 (34.71%)

Enterprise Value (EV)

$21,075,661,537 (-20.52%)

$26,517,713,386 (-3.13%)

$27,375,252,472 (32.53%)

$20,655,174,678 (20.69%)

Earnings Before Tax (EBT)

$1,580,066,000 (-6.82%)

$1,695,651,000 (3.17%)

$1,643,544,000 (26.83%)

$1,295,829,000 (460.76%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$2,157,744,000 (-4.30%)

$2,254,623,000 (3.33%)

$2,181,894,000 (18.44%)

$1,842,181,000 (129.51%)

Invested Capital

$5,431,174,000 (4.81%)

$5,181,938,000 (7.03%)

$4,841,753,000 (5.05%)

$4,609,157,000 (0.56%)

Working Capital

$1,249,330,000 (6.03%)

$1,178,327,000 (14.68%)

$1,027,529,000 (42.09%)

$723,173,000 (-38.25%)

Tangible Asset Value

$5,990,619,000 (5.18%)

$5,695,631,000 (6.30%)

$5,358,229,000 (12.76%)

$4,751,971,000 (-6.40%)

Market Capitalization

$19,112,441,537 (-22.12%)

$24,539,591,386 (-4.62%)

$25,728,879,472 (32.49%)

$19,419,941,678 (23.21%)

Average Equity

$2,366,566,250 (12.99%)

$2,094,453,750 (13.26%)

$1,849,188,500 (2.07%)

$1,811,675,750 (-1.79%)

Average Assets

$5,832,381,500 (6.40%)

$5,481,624,500 (6.13%)

$5,164,997,500 (2.82%)

$5,023,568,750 (-4.26%)

Invested Capital Average

$5,647,847,250 (6.88%)

$5,284,078,000 (8.09%)

$4,888,769,250 (5.03%)

$4,654,787,500 (-14.42%)

Shares

46,372,538 (-4.51%)

48,561,517 (-4.56%)

50,880,771 (-5.99%)

54,120,173 (-3.94%)