Ulta Beauty (FRA:34U) Interest Coverage: N/A (As of Apr. 2026)


FRA:34U Ulta Beauty Inc FRA:34U
96 GF Score
Price €424.40
GF Value €487.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ulta Beauty Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ulta Beauty's Operating Income for the three months ended in Apr. 2026 was €387 Mil. Ulta Beauty's Interest Expense for the three months ended in Apr. 2026 was €0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

FRA:34U' s Interest Coverage Range Over the Past 10 Years
Min: 63.84   Med: 5433.36   Max: No Debt
Current: 236.86

FRA:34U's Interest Coverage is ranked better than
92.27% of 828 companies
in the Retail - Cyclical industry
Industry Median: 7.915 vs FRA:34U: 236.86

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ulta Beauty  (FRA:34U) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Ulta Beauty Interest Coverage Related Terms

Ulta Beauty Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ulta Beauty's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ulta Beauty Interest Coverage Chart

Ulta Beauty Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 785.98 N/A N/A N/A 866.56

Ulta Beauty Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial 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 N/A N/A 76.33 183.12 N/A

FRA:34U vs WSM, DKS, TSCO: Interest Coverage Comparison

For the Specialty Retail subindustry, Ulta Beauty's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Retail - Cyclical Industry

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

* The bar in red indicates where Ulta Beauty's Interest Coverage falls into.


FRA:34U
96GF Score
Ulta Beauty Inc FRA:34U
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ulta Beauty Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ulta Beauty's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Ulta Beauty's Interest Expense was €-2 Mil. Its Operating Income was €1,318 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,543 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2026 )/Interest Expense (A: Jan. 2026 )
=-1*1318.04/-1.521
=866.56

Ulta Beauty's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Ulta Beauty's Interest Expense was €0 Mil. Its Operating Income was €387 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,580 Mil.

GuruFocus does not calculate Ulta Beauty's interest coverage with the available data.

* 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 higher the ratio, the stronger the company's Financial Strength is.

Is Ulta Beauty (FRA:34U) Overvalued in 2026?

Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued. The current stock price of €424.40 is trading 12.9% below its estimated GF Value™ of €487.50. GuruFocus considers Ulta Beauty to be Modestly Undervalued.

Key valuation signals for FRA:34U:

  • Interest Coverage: N/A
  • GF Value™: €487.50 vs. price of €424.40 (12.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the FRA:34U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ulta Beauty Business Description

Address 1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland) and has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
96GF Score

Get the complete analysis for FRA:34U

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€424.40
Price
€487.50
GF Value