| Annual · values | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.50 B USD | 1.34 B USD | 1.48 B USD | 1.48 B USD | 1.06 B USD | 810.36 M USD | 1.10 B USD | 956.13 M USD | 779.37 M USD | 634.38 M USD | 375.87 M USD | 396.59 M USD |
| Depreciation & Amortization | 300.77 M USD | 267.04 M USD | 243.84 M USD | 241.37 M USD | 268.46 M USD | 297.77 M USD | 295.60 M USD | 279.47 M USD | 252.71 M USD | 210.29 M USD | 165.05 M USD | 131.76 M USD |
| Stock-Based Compensation | 37.43 M USD | 42.79 M USD | 48.25 M USD | 43.04 M USD | 47.26 M USD | 27.58 M USD | 25.64 M USD | 27.49 M USD | 24.40 M USD | 19.34 M USD | 15.59 M USD | 14.92 M USD |
| Capital Expenditures | 434.83 M USD | 374.46 M USD | 435.27 M USD | 312.13 M USD | 172.19 M USD | 151.87 M USD | 298.53 M USD | 319.40 M USD | 440.71 M USD | 373.75 M USD | 299.17 M USD | 249.07 M USD |
| Cash Flow from Investing | -931.35 M USD | -383.09 M USD | -441.43 M USD | -314.58 M USD | -176.48 M USD | -48.75 M USD | -471.48 M USD | -215.11 M USD | -530.71 M USD | -273.45 M USD | -278.96 M USD | -399.28 M USD |
| Cash Flow from Financing | -850.67 M USD | -1.02 B USD | -1.01 B USD | -861.01 M USD | -1.50 B USD | -107.93 M USD | -646.74 M USD | -609.21 M USD | -356.22 M USD | -321.77 M USD | -140.22 M USD | -27.64 M USD |
| Dividends Paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock Buybacks | 901.39 M USD | 1.00 B USD | 995.74 M USD | 900.03 M USD | 1.52 B USD | 114.89 M USD | 680.98 M USD | 616.19 M USD | 367.58 M USD | 344.27 M USD | 167.40 M USD | 39.92 M USD |
| Free Cash Flow | 1.07 B USD | 964.15 M USD | 1.04 B USD | 1.17 B USD | 887.08 M USD | 658.49 M USD | 802.76 M USD | 636.73 M USD | 338.65 M USD | 260.64 M USD | 76.71 M USD | 147.53 M USD |
Ulta Beauty Inc. is a specialty beauty retailer offering a comprehensive range of cosmetics, skincare, haircare, fragrance, and bath and body products. The company operates a single, integrated business model that combines retail stores, in-store salon services, and e-commerce to serve customers across the United States. Ulta Beauty’s assortment spans mass to prestige brands, as well as professional salon products, beauty tools, and brushes, catering to a wide spectrum of consumer preferences and price points. Its stores typically feature full-service salons providing hair, skin, and brow services, which complement product sales and create a one-stop beauty destination. Ulta Beauty also sells products through its digital platforms, integrating online and in-store experiences such as buy-online-pickup-in-store. Founded in 1990 and headquartered in Bolingbrook, Illinois, Ulta Beauty plays a significant role in the U.S. beauty market as a multibrand retailer that bridges the gap between drugstore and high-end beauty offerings.