Ulta Beauty
Financial Performance
Ulta Beauty Revenue & Financials
Revenue
$11.2B (FY2024)
Market Cap
$20.5B
Net Income
$1.2B
Employees
56,000
What is Ulta Beauty's revenue?
Ulta Beauty had $11.2B in revenue for fiscal year 2024, up 9.8% from 2023. Net income was $1.2B.
- Latest revenue
- $11.2B (FY2024)
- Year-over-year
- +9.8%
- Growth rate (CAGR)
- 22.1% over 3 years
- Peak revenue
- $11.2B (FY2024)
- Years of data
- 4
- Employees
- 56,000
- How much profit does Ulta Beauty make?
- Ulta Beauty reported net income of $1.2B for fiscal year 2024. sec.gov
- How many employees does Ulta Beauty have?
- Ulta Beauty has about 56,000 employees.
Financial Analysis
Ulta Beauty maintains an institutional-grade financial profile characterized by $11.2B in annual gross revenue, positive operating income, and strong free cash flow conversion. Conservative capital management ensures ample balance sheet liquidity to withstand economic cycles.
Revenue Trend Analysis
YoY Change
+9.8%
3-Year CAGR
+22.1%
Peak Year
2024
Trend
Consistent Growth
Ulta Beauty has 4 full fiscal year figures on this page, compounding at +22.1% annually over 3 years. The most recent year saw a 9.8% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $11.2B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | $11.2B | $1.2B | +9.8% | Ulta Beauty annual financial report (SEC Filing) |
| FY2023 | $10.2B | $1.2B | +18.3% | Ulta Beauty annual financial report (Investor Relations) |
| FY2022 | $8.6B | $985M | +40.3% | Ulta Beauty annual financial report (SEC Filing) |
| FY2021 | $6.2B | $175M | — | Ulta Beauty annual financial report (Investor Relations) |
Click any row to see year details.
Keep researching Ulta Beauty
Ulta Beauty Revenue and Financial FAQ
What was Ulta Beauty's total revenue in the most recent fiscal year?
Ulta Beauty recorded approximately $11.2B in total revenue, driven by robust performance across its flagship operating segments.
Is Ulta Beauty a profitable enterprise?
Yes. Ulta Beauty generates strong positive operating income and robust operating cash flow, reflecting disciplined cost management, pricing power, and high operating leverage.
How does Ulta Beauty allocate its free cash flow?
Ulta Beauty directs its free cash flow toward technological innovation, enterprise infrastructure modernization, selective strategic acquisitions, and maintaining conservative capital reserves.
What is Ulta Beauty's credit and liquidity profile?
Ulta Beauty maintains a conservative liquidity structure with substantial cash reserves, access to multi-currency credit facilities, and investment-grade debt underwriting standards.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Ulta Beauty Revenue & Financials." CorpDigest, https://corpdigest.com/company/ulta-beauty/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Ulta Beauty reported $11.2B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/ulta-beauty/financials" target="_blank" rel="noopener">CorpDigest — Ulta Beauty financials</a></div>Related Financial Audits
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