ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ulta Beauty's annualized net income for the quarter that ended in Apr. 2025 was $1,220 Mil. Ulta Beauty's average Total Stockholders Equity over the quarter that ended in Apr. 2025 was $2,459 Mil. Therefore, Ulta Beauty's annualized ROE % for the quarter that ended in Apr. 2025 was 49.62%.
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: 37.29 Max: 71.09
Current: 50.14
During the past 13 years, Ulta Beauty's highest ROE % was 71.09%. The lowest was 9.01%. And the median was 37.29%.
ULTA's ROE % is ranked better than 95.86% of 1087
companies
in the Retail - Cyclical industry
Industry Median: 5.58
vs ULTA: 50.14
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.
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's ROE % Distribution in the Retail - Cyclical Industry
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.
* 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 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 data used here is four times the quarterly (Apr. 2025) net income 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:
Note:
The net income data used here is four times the quarterly (Apr. 2025) net income data. The Revenue data used here is four times the quarterly (Apr. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income 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.
With more than 1,400 freestanding stores and 600 Target shop-in-shops, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers cosmetics (39% of 2024 sales), fragrances (13%), skin care (23%), and hair care products (19%). It also offers salon services, including hair, makeup, skin, and brow, that account for about 4% of its revenue and drive traffic. In addition, it collects royalties through its Target partnership and credit card revenue. Most standalone Ulta stores are approximately 10,000 square feet and are in suburban strip centers. The firm will soon open franchised stores in Mexico and has formed a joint venture to expand into the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ULTA has been successfully added to your 