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Ulta Beauty ROE %

: 80.80% (As of Apr. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Ulta Beauty's annualized net income attributable to common stockholders for the quarter that ended in Apr. 2022 was $1,326 Mil. Ulta Beauty's average Total Stockholders Equity over the quarter that ended in Apr. 2022 was $1,640 Mil. Therefore, Ulta Beauty's annualized ROE % for the quarter that ended in Apr. 2022 was 80.80%.

The historical rank and industry rank for Ulta Beauty's ROE % or its related term are showing as below:

ULTA' s ROE % Range Over the Past 10 Years
Min: 9.01   Med: 26.27   Max: 60.44
Current: 60.44

During the past 13 years, Ulta Beauty's highest ROE % was 60.44%. The lowest was 9.01%. And the median was 26.27%.

ULTA's ROE % is ranked better than
96.08% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 6.68 vs ULTA: 60.44

Ulta Beauty ROE % Historical Data

The historical data trend for Ulta Beauty's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ulta Beauty Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.40 36.64 37.93 9.01 55.78

Ulta Beauty Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.92 53.89 44.54 65.72 80.80

Competitive Comparison

For the Specialty Retail subindustry, Ulta Beauty's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Ulta Beauty ROE % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's ROE % distribution charts can be found below:

* The bar in red indicates where Ulta Beauty's ROE % falls into.



Ulta Beauty ROE % Calculation

Ulta Beauty's annualized ROE % for the fiscal year that ended in Jan. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Jan. 2022 )/( (Total Stockholders Equity (A: Jan. 2021 )+Total Stockholders Equity (A: Jan. 2022 ))/ count )
=985.837/( (1999.549+1535.373)/ 2 )
=985.837/1767.461
=55.78 %

Ulta Beauty's annualized ROE % for the quarter that ended in Apr. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Apr. 2022 )/( (Total Stockholders Equity (Q: Jan. 2022 )+Total Stockholders Equity (Q: Apr. 2022 ))/ count )
=1325.58/( (1535.373+1745.62)/ 2 )
=1325.58/1640.4965
=80.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Apr. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Ulta Beauty  (NAS:ULTA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Apr. 2022 )
=Net Income/Total Stockholders Equity
=1325.58/1640.4965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1325.58 / 9383.604)*(9383.604 / 4888.2075)*(4888.2075 / 1640.4965)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.13 %*1.9196*2.9797
=ROA %*Equity Multiplier
=27.12 %*2.9797
=80.80 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Apr. 2022 )
=Net Income/Total Stockholders Equity
=1325.58/1640.4965
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (1325.58 / 1749.228) * (1749.228 / 1750.832) * (1750.832 / 9383.604) * (9383.604 / 4888.2075) * (4888.2075 / 1640.4965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7578 * 0.9991 * 18.66 % * 1.9196 * 2.9797
=80.80 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Apr. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Apr. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ulta Beauty ROE % Related Terms

Thank you for viewing the detailed overview of Ulta Beauty's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ulta Beauty Business Description

Ulta Beauty logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 446120 SIC : 7231
Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
Ulta Beauty is the largest specialized beauty retailer in the U.S. with approximately 1,300 stores. The firm offers makeup (44% of 2020 sales), fragrances, skincare, and haircare (20% of 2020 sales) products, and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Executives
Nagler Lorna director 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Mrkonic George R Jr director C/O BORDERS GROUP INC 100 PHOENIX DRIVE ANN ARBOR MI 48108
Halligan Catherine Ann director 243 CASELLI AVENUE SAN FRANCISCO CA 94114
Blount Sally E. director 100 ABBOTT PARK ROAD ABBOTT PARK IL 60064-6400
Childs Jeffrey J officer: Chief Human Resources Officer 8410 W BRYN MAWR CHICAGO IL 60631
Collins Michelle L director C/O MOLEX INCORPORATED 2222 WELLINGTON COURT LISLE IL 60503
Heilbronn Charles director 9 WEST 57TH STREET STE 4605 C/O MOUSSE PARTNERS NEW YORK NY 10019
Diromualdo Robert F director 1135 ARBOR DRIVE ROMEOVILLE IL 60446
Little Patricia A director 999 W BIG BEAVER ROAD TROY MI 48084
Macdonald Michael R director 810 DSW DRIVE COLUMBUS OH 43219
Smith Mike C. director STITCH FIX, INC. ONE MONTGOMERY STREET, SUITE 1500 SAN FRANCISCO CA 94104
Kimbell David C officer: President 8410 W. BRYN MAWR CHICAGO IL 60631
Settersten Scott M officer: Chief Financial Officer 1000 REMINGTON BLVD. SUITE 120 BOLINGBROOK IL 60440
Caro Jodi J officer: GC and Corporate Secretary 130 EAST RANDOLPH STREET CHICAGO IL 60601
Dillon Mary officer: Chief Executive Officer ULTA BEAUTY, INC. 1000 REMINGTON BLVD SUITE 120 BOLINGBROOK IL 60440

Ulta Beauty Headlines

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