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Ulta BeautyLTS:0LIB -0.52%93 3-Year Share Buyback Ratio is 4.30 as of Apr. 2026, which is 2050% above its 10-year median of 0.20. GuruFocus rates LTS:0LIB with a GF Score™ of 93/100 and a GF Value™ of $563.72 (Fairly Valued). The stock has 2 warning signs investors should review. Among 688 Retail - Cyclical companies, Ulta Beauty ranks better than 95.2% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Ulta Beauty's current 3-Year Share Buyback Ratio was 4.30%.
The historical rank and industry rank for Ulta Beauty's 3-Year Share Buyback Ratio or its related term are showing as below:
LTS:0LIB'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.2 Med: 0.2 Max: 4.9
Current: 4.3
During the past 13 years, Ulta Beauty's highest 3-Year Share Buyback Ratio was 4.90%. The lowest was -3.20%. And the median was 0.20%.
LTS:0LIB's 3-Year Share Buyback Ratio is ranked better than 95.2% of 688
companies
in the Retail - Cyclical industry
Industry Median: -0.4
vs LTS:0LIB: 4.30
Ulta Beauty (LTS:0LIB) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Ulta Beauty 3-Year Share Buyback Ratio Related Terms
LTS:0LIB vs DKS, BBY, TSCO: 3-Year Share Buyback Ratio Comparison
For the Specialty Retail subindustry, Ulta Beauty's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's 3-Year Share Buyback Ratio falls into.
Ulta Beauty 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 4.30 mean?
Ulta Beauty (LTS:0LIB) has a 3-Year Share Buyback Ratio of 4.30 as of Apr. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Ulta Beauty and its competitors. This is 2050% above median its historical median of 0.20. According to the industry distribution chart, Ulta Beauty ranks #33 out of 688 companies in the Retail - Cyclical industry, placing it in the top 4.8%.
Is Ulta Beauty's 3-Year Share Buyback Ratio too high?
Ulta Beauty's current 3-Year Share Buyback Ratio of 4.30 is 2050% above median its 10-year median of 0.20. Based on the distribution chart, Ulta Beauty ranks #33 out of 688 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ulta Beauty has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's 3-Year Share Buyback Ratio compare to DKS and BBY?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #33 out of 688 companies for 3-Year Share Buyback Ratio. This places Ulta Beauty in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Retail - Cyclical company?
A good 3-Year Share Buyback Ratio depends on the Retail - Cyclical industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Ulta Beauty and its competitors. Ulta Beauty's current 3-Year Share Buyback Ratio is 4.30, which is 2050% above median its own 10-year median of 0.20. 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 (LTS:0LIB) is currently considered Fairly Valued. The stock's GF Value™ is $563.72, compared to a current price of $510.58 — trading 9.4% below its estimated fair value. The current 3-Year Share Buyback Ratio is 4.30, which is 2050% above median its 10-year median of 0.20. Ulta Beauty's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Ulta Beauty (LTS:0LIB), the current 3-Year Share Buyback Ratio is 4.30 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 (LTS:0LIB) Overvalued in 2026?
Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued.
The current stock price of $510.58 is trading 9.4% below its estimated GF Value™ of $563.72.
GuruFocus considers Ulta Beauty to be Fairly Valued.
Key valuation signals for LTS:0LIB:
3-Year Share Buyback Ratio: 4.30 (2050% above median its 10-year median of 0.20)
GF Value™: $563.72 vs. price of $510.58 (9.4% below fair value)
No single metric tells the full story. See the LTS:0LIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
93GF Score
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