What is the current annual net margin of ULTA?

As of today, ULTA annual net margin is 9.31%

What is 1-year change in ULTA annual net margin?

ULTA annual net margin is down -12.42% year-over-year

What is 3-year change in ULTA annual net margin?

ULTA annual net margin is down -23.50% over the past 3 years

How far is ULTA annual net margin from its all-time high?

ULTA annual net margin is currently -23.50% below its historical high of 12.17% set on January 28, 2023

How does ULTA annual net margin rank versus sector peers?

ULTA annual net margin is higher than 85.06% of companies in Consumer Cyclical sector

When is ULTA next annual earnings release?

As of today, the next annual earnings release for ULTA has not been scheduled

What is the current quarterly net margin of ULTA?

As of today, ULTA quarterly net margin is 10.76%

What is ULTA quarterly net margin most recent change?

ULTA quarterly net margin was up +17.60% on April 1, 2026

What is 1-year change in ULTA quarterly net margin?

ULTA quarterly net margin is up +0.47% year-over-year

How far is ULTA quarterly net margin from its all-time high?

ULTA quarterly net margin is currently -23.85% below its historical high of 14.13% set on April 30, 2022

How does ULTA quarterly net margin rank versus sector peers?

ULTA quarterly net margin is higher than 80.71% of companies in Consumer Cyclical sector

When is ULTA next earnings release?

The next earnings release for ULTA is on August 27, 2026

ULTA Net Margin History & Chart Since 2003

Annual Net Margin

9.31%1.32%-12.42%

January 31, 2026

Summary

Current Value: As of today, ULTA annual net margin is 9.31%, down -12.42% on January 31, 2026
Historical Performance: ULTA annual net margin is down -23.50% over the past 3 years, up +225.52% over the past 5 years
All-Time High Comparison: ULTA annual net margin is currently -23.50% below its historical high of 12.17% set on January 28, 2023
3-Year Low Comparison: ULTA annual net margin is at its 3-year low
Sector Comparison: ULTA annual net margin is higher than 85.06% of companies in Consumer Cyclical sector

Net Margin Chart

beforeafter

Performance

ULTA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Jan 31, 26	9.31%	-12.4%	-23.5%	+225.5%	+90.8%
Quarterly Net Margin	Apr 1, 26	10.76%	+0.5%	-18.3%	-9.4%	+78.2%
Price	Aug 18, 26	$516.74	-0.0%	+14.1%	+42.9%	+931.8%
PE Ratio	Aug 18, 26	19.37	-2.2%	+6.6%	-30.4%	-43.1%
Annual Revenue	Jan 31, 26	$12.39B	+9.7%	+21.4%	+101.5%	+751.8%
Annual Net Income	Jan 31, 26	$1.15B	-4.0%	-7.2%	+556.0%	+1523.9%
Annual Gross Margin	Jan 31, 26	39.10%	+0.7%	-1.3%	+23.4%	+17.5%
Annual Operating Margin	Jan 31, 26	12.50%	-10.6%	-22.6%	+145.1%	+53.0%

Net Margin Highs

ULTA Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	12.17%	N/A	-23.5%
5Y	12.17%	Jan 28, 23	-23.5%
All	12.17%	Jan 28, 23	-23.5%

Net Margin Lows

ULTA Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	9.31%	Jan 31, 26	at low
5Y	2.86%	N/A	+225.5%
All	1.20%	Jan 31, 04	+675.8%

Net Margin History

Year	Value	Change
2026	9.31%	-12.4%
2025	10.63%	-7.7%
2024	11.52%	-5.3%
2023	12.17%	+6.6%
2022	11.42%	+299.3%
2021	2.86%	-70.0%
2020	9.54%	-2.7%
2019	9.80%	+3.8%
2018	9.44%	+11.8%
2017	8.44%	+3.6%
2016	8.15%	+2.8%
2015	7.93%	+4.3%

Year	Value	Change
2014	7.60%	-2.2%
2013	7.77%	+14.8%
2012	6.77%	+38.7%
2011	4.88%	+51.6%
2010	3.22%	+38.2%
2009	2.33%	-16.2%
2008	2.78%	-7.0%
2007	2.99%	+8.3%
2006	2.76%	+43.0%
2005	1.93%	+60.8%
2004	1.20%	-55.2%
2003	2.68%	-

FAQ

What is the current annual net margin of ULTA?: As of today, ULTA annual net margin is 9.31%
What is 1-year change in ULTA annual net margin?: ULTA annual net margin is down -12.42% year-over-year
What is 3-year change in ULTA annual net margin?: ULTA annual net margin is down -23.50% over the past 3 years
How far is ULTA annual net margin from its all-time high?: ULTA annual net margin is currently -23.50% below its historical high of 12.17% set on January 28, 2023
How does ULTA annual net margin rank versus sector peers?: ULTA annual net margin is higher than 85.06% of companies in Consumer Cyclical sector
When is ULTA next annual earnings release?: As of today, the next annual earnings release for ULTA has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

10.76%1.61%+17.60%

April 1, 2026

Summary

Current Value: As of today, ULTA quarterly net margin is 10.76%, up +17.60% on April 1, 2026
Historical Performance: ULTA quarterly net margin is up +0.47% year-over-year, down -18.30% over the past 3 years
All-Time High Comparison: ULTA quarterly net margin is currently -23.85% below its historical high of 14.13% set on April 30, 2022
3-Year Low Comparison: ULTA quarterly net margin is +33.17% above its 3-year low of 8.08% reached on October 1, 2025
Sector Comparison: ULTA quarterly net margin is higher than 80.71% of companies in Consumer Cyclical sector

Performance

ULTA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Apr 1, 26	10.76%	+17.6%	+0.5%	-18.3%	-9.4%
Annual Net Margin	Jan 31, 26	9.31%	–	-12.4%	-23.5%	+225.5%
Price	Aug 18, 26	$516.74	+7.7%	-0.0%	+14.1%	+42.9%
PE Ratio	Aug 18, 26	19.37	+7.7%	-2.2%	+6.6%	-30.4%
Quarterly Revenue	Apr 1, 26	$3.16B	-18.8%	+11.1%	+20.1%	+63.2%
Quarterly Net Income	Apr 1, 26	$340.47M	-4.5%	+11.6%	-1.9%	+47.8%
Quarterly Gross Margin	Apr 1, 26	40.07%	+5.3%	+2.4%	+0.1%	+3.1%
Quarterly Operating Margin	Apr 1, 26	14.32%	+16.1%	+1.1%	-14.8%	-9.8%

Quarterly Net Margin Highs

ULTA Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	10.76%	Apr 1, 26	at high
3Y	11.86%	N/A	-9.3%
5Y	14.13%	Apr 30, 22	-23.9%
All	14.13%	Apr 30, 22	-23.9%

Quarterly Net Margin Lows

ULTA Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	8.08%	Oct 1, 25	+33.2%
3Y	8.08%	Oct 1, 25	+33.2%
5Y	8.08%	Oct 1, 25	+33.2%
All	-6.69%	Apr 1, 20	+260.8%

Quarterly Net Margin History

Month	Value	Change
Apr 2026	10.76%	+17.6%
Jan 2026	9.15%	+13.2%
Oct 2025	8.08%	-13.7%
Jul 2025	9.36%	-12.6%
Apr 2025	10.71%	-5.1%
Jan 2025	11.28%	+17.9%
Oct 2024	9.57%	-3.3%
Jul 2024	9.90%	-13.8%
Apr 2024	11.49%	+3.5%
Jan 2024	11.10%	+10.8%
Oct 2023	10.02%	-15.5%
Jul 2023	11.86%	-9.9%
Apr 2023	13.17%	+24.7%
Jan 2023	10.56%	-10.1%
Oct 2022	11.74%	-8.8%
Jul 2022	12.87%	-8.9%
Apr 2022	14.13%	+33.3%
Jan 2022	10.60%	-1.8%
Oct 2021	10.79%	-15.4%
Jul 2021	12.75%	+7.3%
Apr 2021	11.88%	+52.3%
Jan 2021	7.80%	+61.8%
Oct 2020	4.82%	+630.3%
Jul 2020	0.66%	+109.9%
Apr 2020	-6.69%	-169.3%
Jan 2020	9.66%	+25.3%
Oct 2019	7.71%	-20.4%
Jul 2019	9.68%	-12.2%
Apr 2019	11.03%	+9.2%
Jan 2019	10.10%	+20.1%
Oct 2018	8.41%	-15.6%
Jul 2018	9.97%	-6.4%
Apr 2018	10.65%	-0.8%
Jan 2018	10.74%	+37.7%
Oct 2017	7.80%	-11.9%
Jul 2017	8.85%	-9.2%
Apr 2017	9.75%	+9.9%
Jan 2017	8.87%	+14.6%
Oct 2016	7.74%	-8.1%
Jul 2016	8.42%	-1.8%
Apr 2016	8.57%	+0.8%
Jan 2016	8.50%	+9.0%
Oct 2015	7.80%	-7.8%

Month	Value	Change
Jul 2015	8.46%	+9.7%
Apr 2015	7.71%	-7.4%
Jan 2015	8.33%	+5.0%
Oct 2014	7.93%	-4.2%
Jul 2014	8.28%	+18.3%
Apr 2014	7.00%	-14.0%
Jan 2014	8.14%	+10.9%
Oct 2013	7.34%	-1.7%
Jul 2013	7.47%	+4.0%
Apr 2013	7.18%	-15.5%
Jan 2013	8.50%	+12.6%
Oct 2012	7.55%	+3.9%
Jul 2012	7.27%	-1.1%
Apr 2012	7.35%	-7.5%
Jan 2012	7.95%	+22.7%
Oct 2011	6.48%	+6.9%
Jul 2011	6.06%	+0.3%
Apr 2011	6.04%	-5.0%
Jan 2011	6.36%	+51.8%
Oct 2010	4.19%	+3.2%
Jul 2010	4.06%	-4.9%
Apr 2010	4.27%	-16.3%
Jan 2010	5.10%	+71.1%
Oct 2009	2.98%	+41.9%
Jul 2009	2.10%	+14.8%
Apr 2009	1.83%	-49.2%
Jan 2009	3.60%	+82.7%
Oct 2008	1.97%	+33.1%
Jul 2008	1.48%	-17.3%
Apr 2008	1.79%	-59.3%
Jan 2008	4.40%	+117.8%
Oct 2007	2.02%	+83.6%
Jul 2007	1.10%	-59.9%
Apr 2007	2.74%	-24.3%
Jan 2007	3.62%	+66.1%
Oct 2006	2.18%	-22.4%
Jul 2006	2.81%	-4.7%
Apr 2006	2.95%	+6.9%
Jan 2006	2.76%	0.0%
Oct 2005	2.76%	0.0%
Jul 2005	2.76%	0.0%
Apr 2005	2.76%	-

FAQ

What is the current quarterly net margin of ULTA?: As of today, ULTA quarterly net margin is 10.76%
What is ULTA quarterly net margin most recent change?: ULTA quarterly net margin was up +17.60% on April 1, 2026
What is 1-year change in ULTA quarterly net margin?: ULTA quarterly net margin is up +0.47% year-over-year
How far is ULTA quarterly net margin from its all-time high?: ULTA quarterly net margin is currently -23.85% below its historical high of 14.13% set on April 30, 2022
How does ULTA quarterly net margin rank versus sector peers?: ULTA quarterly net margin is higher than 80.71% of companies in Consumer Cyclical sector
When is ULTA next earnings release?: The next earnings release for ULTA is on August 27, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

ULTA Official Website www.ulta.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1403568/000110465926027061/0001104659-26-027061-index.htm
ULTA Profile on Yahoo Finance finance.yahoo.com/quote/ULTA
ULTA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ulta