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Annual · values202620252024202320222021202020192018201720162015
Operating Cash Flow1.50 B USD1.34 B USD1.48 B USD1.48 B USD1.06 B USD810.36 M USD1.10 B USD956.13 M USD779.37 M USD634.38 M USD375.87 M USD396.59 M USD
Depreciation & Amortization300.77 M USD267.04 M USD243.84 M USD241.37 M USD268.46 M USD297.77 M USD295.60 M USD279.47 M USD252.71 M USD210.29 M USD165.05 M USD131.76 M USD
Stock-Based Compensation37.43 M USD42.79 M USD48.25 M USD43.04 M USD47.26 M USD27.58 M USD25.64 M USD27.49 M USD24.40 M USD19.34 M USD15.59 M USD14.92 M USD
Capital Expenditures434.83 M USD374.46 M USD435.27 M USD312.13 M USD172.19 M USD151.87 M USD298.53 M USD319.40 M USD440.71 M USD373.75 M USD299.17 M USD249.07 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 Buybacks901.39 M USD1.00 B USD995.74 M USD900.03 M USD1.52 B USD114.89 M USD680.98 M USD616.19 M USD367.58 M USD344.27 M USD167.40 M USD39.92 M USD
Free Cash Flow1.07 B USD964.15 M USD1.04 B USD1.17 B USD887.08 M USD658.49 M USD802.76 M USD636.73 M USD338.65 M USD260.64 M USD76.71 M USD147.53 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.