Ulta Beauty (FRA:34U) LT-Debt-to-Total-Asset: 0.27 (As of Apr. 2026)

What is Ulta Beauty LT-Debt-to-Total-Asset?

Ulta Beauty FRA:34U -6.20% 96 LT-Debt-to-Total-Asset is 0.27 as of Apr. 2026. GuruFocus rates FRA:34U with a GF Score™ of 96/100 and a GF Value™ of €521.24 (Modestly Undervalued). The stock has 2 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ulta Beauty's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.27.

Ulta Beauty's long-term debt to total assets ratio declined from Apr. 2025 (0.28) to Apr. 2026 (0.27). It may suggest that Ulta Beauty is progressively becoming less dependent on debt to grow their business.

Ulta Beauty (FRA:34U) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ulta Beauty LT-Debt-to-Total-Asset Related Terms

Ulta Beauty LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Ulta Beauty's LT-Debt-to-Total-Asset 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.

Ulta Beauty LT-Debt-to-Total-Asset Chart

Ulta Beauty Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

LT-Debt-to-Total-Asset

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0.33

0.30

0.29

0.27

0.26

Ulta Beauty Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.26	0.25	0.26	0.27

96GF Score

Ulta Beauty Inc FRA:34U

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Ulta Beauty LT-Debt-to-Total-Asset Calculation

Ulta Beauty's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

LT Debt to Total Assets (A: Jan. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2026 )	/	Total Assets (A: Jan. 2026 )
	=	1542.951	/	5956.399
	=	0.26

Ulta Beauty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )	/	Total Assets (Q: Apr. 2026 )
	=	1580.013	/	5895.434
	=	0.27

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.27 mean?

Ulta Beauty (FRA:34U) has a LT-Debt-to-Total-Asset of 0.27 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ulta Beauty and its competitors.

Is Ulta Beauty's LT-Debt-to-Total-Asset too high?

Ulta Beauty's current LT-Debt-to-Total-Asset is 0.27. Overall, Ulta Beauty has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Ulta Beauty's LT-Debt-to-Total-Asset compare to DKS and BBY?

Ulta Beauty's LT-Debt-to-Total-Asset of 0.27 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Retail - Cyclical company?

A good LT-Debt-to-Total-Asset depends on the Retail - Cyclical industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ulta Beauty and its competitors. Ulta Beauty's current LT-Debt-to-Total-Asset is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ulta Beauty stock overvalued right now?

Based on GuruFocus' analysis, Ulta Beauty (FRA:34U) is currently considered Modestly Undervalued. The stock's GF Value™ is €521.24, compared to a current price of €402.50 — trading 22.8% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.27. Ulta Beauty's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current LT-Debt-to-Total-Asset is 0.27 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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

Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued. The current stock price of €402.50 is trading 22.8% below its estimated GF Value™ of €521.24. GuruFocus considers Ulta Beauty to be Modestly Undervalued.

Key valuation signals for FRA:34U:

LT-Debt-to-Total-Asset: 0.27
GF Value™: €521.24 vs. price of €402.50 (22.8% 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

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies DKS BBY TSCO WSM CASY FIVE GME MUSA BBWI MNSO TSX:ATD SHSE:601888 ADX:ADNOCDIST TPE:3045 XSWX:AVOL TSE:8136 TSX:CTC.A BSP:VBBR3 ASX:JBH SAU:4190

Other Exchanges ULTA:USA ULTA:Mexico 1ULTA:Italy 0LIB:UK 34U:Germany U1LT34:Brazil ULTA:Austria

Address 1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440

Website https://www.ulta.com

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

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€402.50

Price

€521.24

GF Value

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